XM-DAC-46012-12133-01 IDB Invest IDB Invest is considering providing a loan to support the construction of (a) Phases 1 and 2 of the Arauco Wind Project II (Central Arauco II – phases 1 and 2), a wind farm of approximately 99.75 MW of installed capacity (99.75 MW) under the Special Purpose Company Vientos de Arauco Renovables SAU, (b) Phases 3 and 4 of the Arauco Wind Project II (Central Arauco II phases 3 and 4) , a wind farm of approximately 95 MW of installed capacity under the Special Purpose Company Arauco Renovables SAU (both plants to be located in the same location as the existing plants) and (c) an 83 kilometer, 132 kV high voltage transmission line to connect the Arauco Wind Project II plants to the 500 kV distribution transforming station (La Rioja Sur- operated by Transnoa) that connects with the national grid (the “Project”). The Project will sell electricity to CAMMESA under two 20-year power purchase agreements (the “PPAs” and each a “PPA”) awarded under the RenovAr Program, as further described below. The PPA for Phases 1 and 2 was won by the Sponsor at a price of US$ 67.19/MWh under RenovAr Round 1.0 and the PPA for Phases 3 and 4 was won by the Sponsor at a price of US$56.67/MWh under RenovAr Round 1.5. The Project is expected to start production by 2019. The financing will consist of an A Loan for up to US$50M from the IDB Group and the balance from other co-lenders, like CESCE. IDB Invest is considering providing a loan to support the construction of (a) Phases 1 and 2 of the Arauco Wind Project II (Central Arauco II – phases 1 and 2), a wind farm of approximately 99.75 MW of installed capacity (99.75 MW) under the Special Purpose Company Vientos de Arauco Renovables SAU, (b) Phases 3 and 4 of the Arauco Wind Project II (Central Arauco II phases 3 and 4) , a wind farm of approximately 95 MW of installed capacity under the Special Purpose Company Arauco Renovables SAU (both plants to be located in the same location as the existing plants) and (c) an 83 kilometer, 132 kV high voltage transmission line to connect the Arauco Wind Project II plants to the 500 kV distribution transforming station (La Rioja Sur- operated by Transnoa) that connects with the national grid (the “Project”). The Project will sell electricity to CAMMESA under two 20-year power purchase agreements (the “PPAs” and each a “PPA”) awarded under the RenovAr Program, as further described below. The PPA for Phases 1 and 2 was won by the Sponsor at a price of US$ 67.19/MWh under RenovAr Round 1.0 and the PPA for Phases 3 and 4 was won by the Sponsor at a price of US$56.67/MWh under RenovAr Round 1.5. The Project is expected to start production by 2019. The financing will consist of an A Loan for up to US$50M from the IDB Group and the balance from other co-lenders, like CESCE. IDB Invest Vientos de Arauco Renovables SAU and Arauco Renovables SAU IDB Invest Duhart, Martin Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Energy 12000000 12000000 12000000 Parque Arauco Wind Projects Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11307-05 IDB Invest 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. IDB Invest Viviendas Integrales S.A.B. de C.V. (“Vinte”) IDB Invest Aguirre Hernandez, Alma Iliana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Social Infrastructure 13500500 13500500 13500500 Vinte IV Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12179-02 IDB Invest IDB Invest seeks to support FINAE with a financing of up to MXN350 million. The financing is expected to be collateralized by a pool of student loans originated and serviced by FINAE. For FINAE, the project is expected to improve its debt maturity profile and costs of financing and will help scale up the results achieved by FINAE with previous IDB Group financing to continue promoting and facilitating access to finance for students coming from low income families who lack the financial resources to pursue higher education studies in Mexico. Students from 21 States in Mexican territory are expected to benefit from the financing as FINAE works with 24 universities and over 100 campuses in Mexico.C. IDB Invest seeks to support FINAE with a financing of up to MXN350 million. The financing is expected to be collateralized by a pool of student loans originated and serviced by FINAE. For FINAE, the project is expected to improve its debt maturity profile and costs of financing and will help scale up the results achieved by FINAE with previous IDB Group financing to continue promoting and facilitating access to finance for students coming from low income families who lack the financial resources to pursue higher education studies in Mexico. Students from 21 States in Mexican territory are expected to benefit from the financing as FINAE works with 24 universities and over 100 campuses in Mexico.C. IDB Invest FINAE, S.A.P.I. de C.V. SOFOM ENR IDB Invest Benchimol Dominguez, Avril +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 2117670 2117670 2117670 FINAE Financing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12093-01 IDB Invest The proposed operation consists of a credit facility for up to US$10,000,000, for which there will be a period of up to five years during which disbursements may be made in the form of unsecured revolving loans with terms of up to one year. The Project’s objective is to finance small and medium enterprises (“SMEs”) through factoring and financial leasing operations in Chile. The proposed operation consists of a credit facility for up to US$10,000,000, for which there will be a period of up to five years during which disbursements may be made in the form of unsecured revolving loans with terms of up to one year. The Project’s objective is to finance small and medium enterprises (“SMEs”) through factoring and financial leasing operations in Chile. IDB Invest Incofin S.A. IDB Invest Patti, Lucila Andrea +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 10000000 10000000 10000000 INCOFIN SME Financing Agreement Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12206-01 IDB Invest The Popayán-Santander de Quilichao second lane project (the “Project”) is located in the center and north of the Cauca Department, Colombia. The Project, with a total length of about 76 kilometers, starts from the north of the city of Popayán and runs across the towns of Río Blanco, El Cairo, Piendamó, Tunía, Pescador and Mondomo to Santander de Quilichao. The Project is divided into four functional units (FU): FU1 Popayán-Piendamó, 19.23 kilometers; FU2 Piendamó-Pescador, 21.89 kilometers; FU3 Pescador-Mondomo, 15.45 kilometers; and FU4 Mondomo-Santander de Quilichao, 19.52 kilometers. Once the Project is concluded, it will improve the mobility and competitiveness of the Colombian south-west, as well as the connectivity with the center of the country, Ecuador and the south of the continent. The involvement of the IIC will help supplement long-term financing in collaboration with international commercial and local banks contributing recourses in US dollars and Colombian pesos. The Popayán-Santander de Quilichao second lane project (the “Project”) is located in the center and north of the Cauca Department, Colombia. The Project, with a total length of about 76 kilometers, starts from the north of the city of Popayán and runs across the towns of Río Blanco, El Cairo, Piendamó, Tunía, Pescador and Mondomo to Santander de Quilichao. The Project is divided into four functional units (FU): FU1 Popayán-Piendamó, 19.23 kilometers; FU2 Piendamó-Pescador, 21.89 kilometers; FU3 Pescador-Mondomo, 15.45 kilometers; and FU4 Mondomo-Santander de Quilichao, 19.52 kilometers. Once the Project is concluded, it will improve the mobility and competitiveness of the Colombian south-west, as well as the connectivity with the center of the country, Ecuador and the south of the continent. The involvement of the IIC will help supplement long-term financing in collaboration with international commercial and local banks contributing recourses in US dollars and Colombian pesos. IDB Invest Nuevo Cauca S.A.S. IDB Invest Sepulveda Lozano, Carlos Alberto +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Transport 16000000 16000000 16000000 Nuevo Cauca Toll Road Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11935-03 IDB Invest The proposed financing consists of several independent medium term loans, to be granted directly to some operations of Regal Forest Holdings Co. Ltd., located in Trinidad y Tobago, Costa Rica, Paraguay, Guyana y Barbados. These independent loans will have as an objective to finance the client loan portfolio of each of these operations, specifically for the C&D socioeconomic segment. The proposed financing for each Borrower, will be in local currency. The proposed financing consists of several independent medium term loans, to be granted directly to some operations of Regal Forest Holdings Co. Ltd., located in Trinidad y Tobago, Costa Rica, Paraguay, Guyana y Barbados. These independent loans will have as an objective to finance the client loan portfolio of each of these operations, specifically for the C&D socioeconomic segment. The proposed financing for each Borrower, will be in local currency. IDB Invest Regal Forest Holdings Co. Ltd. IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Trinidad and Tobago Trinidad and Tobago Unspecified 15000000 15000000 15000000 Regal Forest Holdings Co. Ltd. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12072-01 IDB Invest The Rivera Group is a de facto holding company consisting of four medium-sized companies, INPASA, INSUGRAFIXSA, Print Colors, and Agropecuaria San Alejandro, which are engaged in various commercial activities and whose main line of business is manufacturing notebooks and printing. They are the only national-level companies that produce notebooks locally, manufacturing them according to the buyer’s needs and offering personalized products at low prices. These companies are jointly seeking long-term financing secured by a mortgage and pledge, for the purpose of: (i) purchasing machinery to increase their productive capacity, as well as to improve quality and efficiency; (ii) working capital so that the company can incorporate new raw materials with which to expand the product portfolio; and (iii) refinancing the debt to achieve a better match between their liabilities and assets. The total cost of the project is US$6 million and the loan will be up to US$2.7 million with an eight-year term and a grace period of two years. With the participation of the IIC, these companies will be able to access better financing conditions that do not limit their normal operations, increase their productive capacity, and improve flow. At the same time, the IIC will be supporting a sector that is an importance driver of Nicaragua’s economy. The Rivera Group is a de facto holding company consisting of four medium-sized companies, INPASA, INSUGRAFIXSA, Print Colors, and Agropecuaria San Alejandro, which are engaged in various commercial activities and whose main line of business is manufacturing notebooks and printing. They are the only national-level companies that produce notebooks locally, manufacturing them according to the buyer’s needs and offering personalized products at low prices. These companies are jointly seeking long-term financing secured by a mortgage and pledge, for the purpose of: (i) purchasing machinery to increase their productive capacity, as well as to improve quality and efficiency; (ii) working capital so that the company can incorporate new raw materials with which to expand the product portfolio; and (iii) refinancing the debt to achieve a better match between their liabilities and assets. The total cost of the project is US$6 million and the loan will be up to US$2.7 million with an eight-year term and a grace period of two years. With the participation of the IIC, these companies will be able to access better financing conditions that do not limit their normal operations, increase their productive capacity, and improve flow. At the same time, the IIC will be supporting a sector that is an importance driver of Nicaragua’s economy. IDB Invest Inversiones Papeleras, S.A (“INPASA”), Insumos y Suministros Gráficos, S.A. (“INSUGRAFIXSA”), Impresiones a Colores, S.A. (“Print Colors”), and Agropecuaria San Alejandro, S.A. (“Agropecuaria San Alejandro”) IDB Invest Mayorga Delgadillo, Luisa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Manufacturing 2700000 2700000 2700000 Grupo Rivera Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11912-02 IDB Invest The objective of the project is to support the implementation energy efficiency projects (the “EE Projects”) developed by Energy Services companies (the “ESCOs”) in Colombia by providing an adequate financing solution involving capital markets which will give a platform to mobilize investors with the appetite and capacity to finance EE Projects through a securitized debt issuance . The project will offer a two-stage financing mechanism. First, during the Accumulation Stage, the IDB will provide a senior warehousing loan (IDB Loan) to a dedicated vehicle, the Colombia Energy Efficiency Trust (“CEET”), for the purpose of purchasing and accumulating credit rights arising from the EE Projects for its subsequent securitization. Second during the Mobilization Stage, the IIC will provide a Partial Credit Guarantee (PCG) to support the securitization of these credit rights in local or international capital markets. The project is part of a larger effort developed in partnership with the Multilateral Investment Fund (MIF) and the CTF. Joint efforts include additional financial resources to the CEET such as equity, guarantees and grants from MIF, CTF and the Nordic Development Fund (NDF). In addition, technical assistance resources from MIF and CTF will focus on capacity building (to the demand and supply side of the EE value chain) and SME awareness raising. The objective of the project is to support the implementation energy efficiency projects (the “EE Projects”) developed by Energy Services companies (the “ESCOs”) in Colombia by providing an adequate financing solution involving capital markets which will give a platform to mobilize investors with the appetite and capacity to finance EE Projects through a securitized debt issuance . The project will offer a two-stage financing mechanism. First, during the Accumulation Stage, the IDB will provide a senior warehousing loan (IDB Loan) to a dedicated vehicle, the Colombia Energy Efficiency Trust (“CEET”), for the purpose of purchasing and accumulating credit rights arising from the EE Projects for its subsequent securitization. Second during the Mobilization Stage, the IIC will provide a Partial Credit Guarantee (PCG) to support the securitization of these credit rights in local or international capital markets. The project is part of a larger effort developed in partnership with the Multilateral Investment Fund (MIF) and the CTF. Joint efforts include additional financial resources to the CEET such as equity, guarantees and grants from MIF, CTF and the Nordic Development Fund (NDF). In addition, technical assistance resources from MIF and CTF will focus on capacity building (to the demand and supply side of the EE value chain) and SME awareness raising. IDB Invest Colombian Energy Efficiency Trust IDB Invest Flaiban, Diego +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3995A-01 IDB Invest Inmobiliaria Terrano S.A. (“Terrano”) and Servicios Andinos Aeroportuarios S.A. (“SAASA”), both of which are Andino Investment Holding Group (“AIH” or “AIH Group”) companies, are developing an air cargo terminal in the city of Lima, Peru, connected to the Jorge Chávez International Airport. The project is being developed on 3.4 hectares of land belonging to Terrano. The terminal is being built at a cost of US$18.9 million. The IIC will participate in financing this project with an 8-year loan of US$12 million that includes a grace period of up to 12 months. The financing will go toward finishing construction of the terminal and returning a portion of the investment made by the shareholders, who have already used their own funds to make the majority of the investment. SAASA will be in charge of operating the terminal.Jorge Chávez International Airport (JCIA) has become one of the main airports in South America in recent years, in terms of both passengers and goods, the latter being an important focus for the country's economic development. This project seeks to complement the existing supply of cargo services and is based on the growth of the airport’s freight traffic over the last 10 years, plus AIH’s more than 40 years of experience developing transportation infrastructure projects in the country. Inmobiliaria Terrano S.A. (“Terrano”) and Servicios Andinos Aeroportuarios S.A. (“SAASA”), both of which are Andino Investment Holding Group (“AIH” or “AIH Group”) companies, are developing an air cargo terminal in the city of Lima, Peru, connected to the Jorge Chávez International Airport. The project is being developed on 3.4 hectares of land belonging to Terrano. The terminal is being built at a cost of US$18.9 million. The IIC will participate in financing this project with an 8-year loan of US$12 million that includes a grace period of up to 12 months. The financing will go toward finishing construction of the terminal and returning a portion of the investment made by the shareholders, who have already used their own funds to make the majority of the investment. SAASA will be in charge of operating the terminal.Jorge Chávez International Airport (JCIA) has become one of the main airports in South America in recent years, in terms of both passengers and goods, the latter being an important focus for the country's economic development. This project seeks to complement the existing supply of cargo services and is based on the growth of the airport’s freight traffic over the last 10 years, plus AIH’s more than 40 years of experience developing transportation infrastructure projects in the country. IDB Invest Inmobiliaria Terrano S.A. y Servicios Andinos Aeroportuarios IDB Invest De Narvaez, Olga Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Transport 12000000 12000000 12000000 Terrano Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11994-02 IDB Invest The Inter-American Investment Corporation and the Inter-American Development Bank are considering providing a credit guarantee to secure payment obligations under a debt instrument in an amount of approximately R$200 million. The project consists of the design, construction, operation and maintenance of the wind cluster of “Eólica Serra da Babilônia”, which consists of eight (8) adjacent wind farms totaling 223.25 MW of capacity in the state of Bahia, located in the Northeast of Brazil and the construction of a 75km transmission line (the “Project”). The Project is being developed by eight (8) Special Purpose Enterprises created under Brazilian law for the specific purpose of the development of the Project, under the control of Copacabana Geração de Energia em Participações S.A. The sponsor of the Project is Rio Energy Fundo de Investimento em Participações Multiestratégia and was awarded a 20-year inflation indexed Power Purchase Agreement by the Câmara de Comercialização de Energia Elétrica. The Project is expected to achieve the following development results: (i) increase installed capacity of non-conventional renewable energy with the addition of 223.25 MW of wind power to the current wind installed capacity of 11,7 GW, which contributes to the Government of Brazil’s objectives of diversifying its energy matrix, adding an additional source of renewable energy and reducing vulnerability to changes in hydrology; (ii) generate approximately 870 GWh of clean wind energy and contribute to the avoidance of approximately 763,801 tons of carbon emissions per year; and (iii) increase private sector participation and competition in the electricity market through the support of an independent private developer. The Inter-American Investment Corporation and the Inter-American Development Bank are considering providing a credit guarantee to secure payment obligations under a debt instrument in an amount of approximately R$200 million. The project consists of the design, construction, operation and maintenance of the wind cluster of “Eólica Serra da Babilônia”, which consists of eight (8) adjacent wind farms totaling 223.25 MW of capacity in the state of Bahia, located in the Northeast of Brazil and the construction of a 75km transmission line (the “Project”). The Project is being developed by eight (8) Special Purpose Enterprises created under Brazilian law for the specific purpose of the development of the Project, under the control of Copacabana Geração de Energia em Participações S.A. The sponsor of the Project is Rio Energy Fundo de Investimento em Participações Multiestratégia and was awarded a 20-year inflation indexed Power Purchase Agreement by the Câmara de Comercialização de Energia Elétrica. The Project is expected to achieve the following development results: (i) increase installed capacity of non-conventional renewable energy with the addition of 223.25 MW of wind power to the current wind installed capacity of 11,7 GW, which contributes to the Government of Brazil’s objectives of diversifying its energy matrix, adding an additional source of renewable energy and reducing vulnerability to changes in hydrology; (ii) generate approximately 870 GWh of clean wind energy and contribute to the avoidance of approximately 763,801 tons of carbon emissions per year; and (iii) increase private sector participation and competition in the electricity market through the support of an independent private developer. IDB Invest Copacabana Geração de Energia em Participações S.A. IDB Invest Chiaramonte, Federico Alessandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Energy 33148500 33148500 33148500 Serra da Babilônia Wind Power Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12180-01 IDB Invest The objective of the loan is to support the growth and competitiveness of Danper Trujillo S.A.C. (“Danper” or the “Company”), a leading private company in the agribusiness sector located in Trujillo, in northern Peru. The Company has been a client of the IDB Group since 2014 and is engaged in the production, processing, and export of asparagus, artichokes, peppers, mangos, grapes, avocados, and blueberries. Danper has embarked on a US$41 million multiyear (2017-2019) investment plan that can be grouped in three categories: (i) investments to increase agricultural production; (ii) investments to improve industrial facilities and install two processing plants; and (iii) working capital financing related to the investments (collectively called the “Project”). Financing from the Inter-American Investment Corporation (IIC) in the amount of US$20.7 million will be supplemented by cash generation contributed by the Company (US$13.5 million) and other financing (US$7 million). The proposed IIC loan for US$20.7 million will have a term of 10 years and a grace period of 30 months. The objective of the loan is to support the growth and competitiveness of Danper Trujillo S.A.C. (“Danper” or the “Company”), a leading private company in the agribusiness sector located in Trujillo, in northern Peru. The Company has been a client of the IDB Group since 2014 and is engaged in the production, processing, and export of asparagus, artichokes, peppers, mangos, grapes, avocados, and blueberries. Danper has embarked on a US$41 million multiyear (2017-2019) investment plan that can be grouped in three categories: (i) investments to increase agricultural production; (ii) investments to improve industrial facilities and install two processing plants; and (iii) working capital financing related to the investments (collectively called the “Project”). Financing from the Inter-American Investment Corporation (IIC) in the amount of US$20.7 million will be supplemented by cash generation contributed by the Company (US$13.5 million) and other financing (US$7 million). The proposed IIC loan for US$20.7 million will have a term of 10 years and a grace period of 30 months. IDB Invest Danper Trujillo S.A.C. IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Agribusiness 20700000 20700000 20700000 Danper II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12010-01 IDB Invest The proposed operation consists of a US$55 million senior loan to VDP, with a tenor of up to 8 years, including a 1.5-year grace period, to be used as follows: (i) US$28 million for the expansion and renewal of sugarcane plantations; (ii) US$20.5 million for the installation of a sugar factory with production capacity of 850 tons of raw sugar per day; and (iii) US$6.5 million to carry out adjustments to integrate the mill with a 48MW electric power cogeneration plant to be developed in a joint venture with Albioma (the "Loan").VDP, established in 2003, located in Suzanapolis, Brazil, produces and commercializes ethanol, made from sugarcane, in the Brazilian market. In 2016, the Company milled 1.6 million tons of sugarcane and produced 139,000 m3 of ethanol, totaling sales of US$79 million. The proposed operation consists of a US$55 million senior loan to VDP, with a tenor of up to 8 years, including a 1.5-year grace period, to be used as follows: (i) US$28 million for the expansion and renewal of sugarcane plantations; (ii) US$20.5 million for the installation of a sugar factory with production capacity of 850 tons of raw sugar per day; and (iii) US$6.5 million to carry out adjustments to integrate the mill with a 48MW electric power cogeneration plant to be developed in a joint venture with Albioma (the "Loan").VDP, established in 2003, located in Suzanapolis, Brazil, produces and commercializes ethanol, made from sugarcane, in the Brazilian market. In 2016, the Company milled 1.6 million tons of sugarcane and produced 139,000 m3 of ethanol, totaling sales of US$79 million. IDB Invest Vale do Paraná S.A. Álcool e Açúcar IDB Invest de Paiva Ferraz, Joao Victor +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Agribusiness 25000000 25000000 25000000 Vale do Paraná S.A. Álcool e Açúcar Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12112-01 IDB Invest The purpose of the project is to support ION’s first long-term corporate bond issuance of Mex$200 million in Mexico. This issuance is part of ION’s Mex$500 million corporate bond issuance program to be registered in the Mexican Stock Exchange. The project will support ION’s strategy to: (i) expand its SME lending portfolio; and (ii) extend its funding tenors and diversify funding sources by tapping capital markets and reaching a new base of investors. IIC’s participation will strengthen ION’s business plan of increasing its SME lending portfolio from Mex$30 million in 2016 to Mex$285 million in 2021. The purpose of the project is to support ION’s first long-term corporate bond issuance of Mex$200 million in Mexico. This issuance is part of ION’s Mex$500 million corporate bond issuance program to be registered in the Mexican Stock Exchange. The project will support ION’s strategy to: (i) expand its SME lending portfolio; and (ii) extend its funding tenors and diversify funding sources by tapping capital markets and reaching a new base of investors. IIC’s participation will strengthen ION’s business plan of increasing its SME lending portfolio from Mex$30 million in 2016 to Mex$285 million in 2021. IDB Invest ION Financiera, S.A.P.I. de C.V., Sociedad Financiera de Objeto Múltiple E.R. IDB Invest Arguello Munoz, Carlos Roberto +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 5572820 5572820 5572820 ION Financiera Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12075-01 IDB Invest The project encompasses construction works for sanitary sewerage systems and wastewater treatment plants in the metropolitan area of Asuncion, Paraguay. The works to be carried out consist of tasks involved in the construction of primary, secondary, and tertiary sewage collectors, household connections, inspection registers, pumping stations, drive lines, treatment plants, and final disposal by means of underwater outlets (the “Project”). The project construction period is four years and once finished, the project is expected to benefit more than 1.6 million inhabitants. IDB Group financing consists of a revolving line of capital intended to finance the construction of the Project (the “Loan”). The loan will be disbursed monthly in U.S. dollars up to an amount equal to project advances already approved by the supervisor appointed by the Ministry of Public Works and Communications (MOPC). Once the contractor completes the works associated with one of the milestones, as these are defined in the contract, with prior review and validation from the work supervisor and the MOPC, the latter will grant a CRPago (certificate recognizing the obligation to pay) for the corresponding U.S. dollar amount. Once that certificate is issued it may not be revoked by a contract termination event and will be sold to a group of long-term investors through a contractual and trusts structure established prior to the close of financing. The cash resulting from this sale will be used to prepay an amount corresponding to principal and interest on the loan, which may again be disbursed based on progress made in the works. The project encompasses construction works for sanitary sewerage systems and wastewater treatment plants in the metropolitan area of Asuncion, Paraguay. The works to be carried out consist of tasks involved in the construction of primary, secondary, and tertiary sewage collectors, household connections, inspection registers, pumping stations, drive lines, treatment plants, and final disposal by means of underwater outlets (the “Project”). The project construction period is four years and once finished, the project is expected to benefit more than 1.6 million inhabitants. IDB Group financing consists of a revolving line of capital intended to finance the construction of the Project (the “Loan”). The loan will be disbursed monthly in U.S. dollars up to an amount equal to project advances already approved by the supervisor appointed by the Ministry of Public Works and Communications (MOPC). Once the contractor completes the works associated with one of the milestones, as these are defined in the contract, with prior review and validation from the work supervisor and the MOPC, the latter will grant a CRPago (certificate recognizing the obligation to pay) for the corresponding U.S. dollar amount. Once that certificate is issued it may not be revoked by a contract termination event and will be sold to a group of long-term investors through a contractual and trusts structure established prior to the close of financing. The cash resulting from this sale will be used to prepay an amount corresponding to principal and interest on the loan, which may again be disbursed based on progress made in the works. IDB Invest SPV establecida por los Patrocinadores para la compraventa de certificados recibidos del Gobierno de Paraguay IDB Invest Echeverri Vargas, Juan Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Unspecified 24000000 24000000 24000000 Revolving Credit Facility for the Modernization of Asuncion's Wastewater System Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12063-01 IDB Invest The Castellana wind power project (the “Project” or “La Castellana”) will add 99 MW of renewable energy to the Argentinean electricity system, thus directly supporting the Government of Argentina’s (“GoA”) priorities to ensure a stable long-term electricity supply and the diversification of its energy matrix with the expected addition of 2.7 GW from renewables sources by 2018. The project consists of the construction, operation and maintenance of a 99 MW wind farm, its associated facilities, a 132kV 45km transmission line and 15km of service roads, to be located south of the province of Buenos Aires, 36km northwest of the city of Bahia Blanca, Argentina. The Project will sign a 20-year power purchase agreement (“PPA”) with the wholesale electric market administrator (“CAMMESA”) to inject energy to the national interconnection system (¨SADI¨) via the 132 kV Chañares substation, at a bidding price of US$61.50/MWh increased annually by an adjustment factor. Electrical studies were presented to the relevant authorities, which provided a favorable opinion to the Project´s interconnection specifications for the assigned node. The Borrower is expected to enter into an EPC contract covering civil and electromechanical works, and a turbine supply agreement for the turbines from a first-tier manufacturer and a long-term O&M contract. It has an estimated 18-month construction period, with construction starting by the first quarter of 2017. Wind resource has been assessed by DNV GL based on on-site wind measurements from October 2012 to March 2016, with average wind speeds of 8.6m/s at 81m hub height. The Project has a capacity factor of 50.6% and estimated annual energy production at P50 of 439.5GWh/year. Transaction Structure and Financing Highlights. The estimated total cost of the Project is of up to US$200 million, which will be financed through an IDB Group loan of up to US$50 million. The financial plan will be completed with the participation of a multilateral organization or export-credit agency as well as equity contributions for a 75/25 debt-to-equity ratio. The project will be required to meet the customary sizing criteria applied to wind projects, DSCR 1.30x for P9010-years and 1.00x for P991-year. The IDBG loan is expected to have a tenor of up to 15 years door-to-door. The project will have the security package customary for this type of project finance transactions. Development Impact. The Project will have positive developmental impacts, such as: (i) adding 99 MW of renewable capacity to the Argentinean grid, representing 15% of the total current NCRE installed capacity, thus decreasing thermal and hydro generation reliance and contributing to the 20% goal of NCRE by 2025; and (ii) displacing approximately 216,234 equivalent tons of carbon emissions per year. Financial additionality is strong as the tenor of the financing is 15 years door to door, a long tenor that is critical for the financial viability of this type of infrastructure projects, and which is simply not available in the local capital markets. Commercial banks have not structured project financing transactions in Argentina for the last 10 years and hence the participation of multilateral and bilateral agencies in this first round of the RenovAR program will be key to its success. The Castellana wind power project (the “Project” or “La Castellana”) will add 99 MW of renewable energy to the Argentinean electricity system, thus directly supporting the Government of Argentina’s (“GoA”) priorities to ensure a stable long-term electricity supply and the diversification of its energy matrix with the expected addition of 2.7 GW from renewables sources by 2018. The project consists of the construction, operation and maintenance of a 99 MW wind farm, its associated facilities, a 132kV 45km transmission line and 15km of service roads, to be located south of the province of Buenos Aires, 36km northwest of the city of Bahia Blanca, Argentina. The Project will sign a 20-year power purchase agreement (“PPA”) with the wholesale electric market administrator (“CAMMESA”) to inject energy to the national interconnection system (¨SADI¨) via the 132 kV Chañares substation, at a bidding price of US$61.50/MWh increased annually by an adjustment factor. Electrical studies were presented to the relevant authorities, which provided a favorable opinion to the Project´s interconnection specifications for the assigned node. The Borrower is expected to enter into an EPC contract covering civil and electromechanical works, and a turbine supply agreement for the turbines from a first-tier manufacturer and a long-term O&M contract. It has an estimated 18-month construction period, with construction starting by the first quarter of 2017. Wind resource has been assessed by DNV GL based on on-site wind measurements from October 2012 to March 2016, with average wind speeds of 8.6m/s at 81m hub height. The Project has a capacity factor of 50.6% and estimated annual energy production at P50 of 439.5GWh/year. Transaction Structure and Financing Highlights. The estimated total cost of the Project is of up to US$200 million, which will be financed through an IDB Group loan of up to US$50 million. The financial plan will be completed with the participation of a multilateral organization or export-credit agency as well as equity contributions for a 75/25 debt-to-equity ratio. The project will be required to meet the customary sizing criteria applied to wind projects, DSCR 1.30x for P9010-years and 1.00x for P991-year. The IDBG loan is expected to have a tenor of up to 15 years door-to-door. The project will have the security package customary for this type of project finance transactions. Development Impact. The Project will have positive developmental impacts, such as: (i) adding 99 MW of renewable capacity to the Argentinean grid, representing 15% of the total current NCRE installed capacity, thus decreasing thermal and hydro generation reliance and contributing to the 20% goal of NCRE by 2025; and (ii) displacing approximately 216,234 equivalent tons of carbon emissions per year. Financial additionality is strong as the tenor of the financing is 15 years door to door, a long tenor that is critical for the financial viability of this type of infrastructure projects, and which is simply not available in the local capital markets. Commercial banks have not structured project financing transactions in Argentina for the last 10 years and hence the participation of multilateral and bilateral agencies in this first round of the RenovAR program will be key to its success. IDB Invest Central Puerto La Castellana S.A.U. IDB Invest Minarrieta Iravedra, Mauricio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Energy 10000000 10000000 10000000 La Castellana Wind Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11609-04 IDB Invest The Project consists in a financing facility for up to US$100 million (“Green Financing Partnership”) for Banco de Galicia y Buenos Aires S.A. (“Galicia”) that will allow Galicia to finance sub-projects with high environmental benefits in Argentina; primarily in the areas of renewable energy and energy efficiency, and will also support other carbon mitigating investments (“Sustainable Projects”). The Green Financing Partnership will support the development and growth of Sustainable Projects in small and medium enterprises and small and medium corporations. The proposed financial instrument will provide Galicia with: (i) an A loan of up to US$30 million to be financed by the Inter American Investment Corporation (“IIC”); and (ii) another A Loan of up to US$70 million to be financed by IDB. Total IDB Group financing will reach up to US$100 million to be disbursed in a three-year period in several tranches between five and seven years. The Project consists in a financing facility for up to US$100 million (“Green Financing Partnership”) for Banco de Galicia y Buenos Aires S.A. (“Galicia”) that will allow Galicia to finance sub-projects with high environmental benefits in Argentina; primarily in the areas of renewable energy and energy efficiency, and will also support other carbon mitigating investments (“Sustainable Projects”). The Green Financing Partnership will support the development and growth of Sustainable Projects in small and medium enterprises and small and medium corporations. The proposed financial instrument will provide Galicia with: (i) an A loan of up to US$30 million to be financed by the Inter American Investment Corporation (“IIC”); and (ii) another A Loan of up to US$70 million to be financed by IDB. Total IDB Group financing will reach up to US$100 million to be disbursed in a three-year period in several tranches between five and seven years. IDB Invest Banco de Galicia y Buenos Aires S.A. (“Galicia”) IDB Invest Flaiban, Diego +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions 65000000 65000000 65000000 Banco Galicia Green Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11819-01 IDB Invest The objective of the Project is the financing of the construction, operation and maintenance of a 50MW wind park and its associated facilities including a 19km 132 kV transmission line, and an a second phase that will add additional 50MW of installed capacity. The total project cost is approximately US$ 200 million and will be financed on a corporate basis. The financial plan for the project will include an A loan of up to US$ 100 million with a 9 year tenor, and a B loan of up to US$ 100 million with a tenor of up to 7 years. The loan will also include a grace period of up to 3 years. 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 50 MW of renewable capacity to the national grid thus decreasing fossil fuel generation reliance; and by displacing approximately 127,970 equivalent tons of carbon emissions per year. The objective of the Project is the financing of the construction, operation and maintenance of a 50MW wind park and its associated facilities including a 19km 132 kV transmission line, and an a second phase that will add additional 50MW of installed capacity. The total project cost is approximately US$ 200 million and will be financed on a corporate basis. The financial plan for the project will include an A loan of up to US$ 100 million with a 9 year tenor, and a B loan of up to US$ 100 million with a tenor of up to 7 years. The loan will also include a grace period of up to 3 years. 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 50 MW of renewable capacity to the national grid thus decreasing fossil fuel generation reliance; and by displacing approximately 127,970 equivalent tons of carbon emissions per year. IDB Invest YPF Energía Eléctrica S.A. IDB Invest Diaz Gomez, Anahi +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Energy 16200000 16200000 16200000 Manantiales Wind Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-VE2077A-01 IDB Invest The purpose of IIC's participation is to improve the risk profile of the transaction and to help Fundación Andrés Bello obtain financing under better terms and conditions. Besides, the introduction of a new product such as partial loan guarantees also seeks to help foster financial intermediation and increase the level of loans as a percentage of the assets of Venezuelan financial institutions. IIC's participation also makes long-term financing in local currency available to companies that are not necessarily exporters. The purpose of IIC's participation is to improve the risk profile of the transaction and to help Fundación Andrés Bello obtain financing under better terms and conditions. Besides, the introduction of a new product such as partial loan guarantees also seeks to help foster financial intermediation and increase the level of loans as a percentage of the assets of Venezuelan financial institutions. IIC's participation also makes long-term financing in local currency available to companies that are not necessarily exporters. IDB Invest Fundación Andrés Bello IDB Invest Bermudez, Tomas +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Venezuela Venezuela Social Infrastructure 2000000 2000000 2000000 Universidad Católica Andres Bello Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR-L1060 IDB Invest 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. 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. IDB Invest IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Social Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR3656A-01 IDB Invest Colegio Bilingüe New Horizons, S.R.L. Colegio Bilingüe New Horizons, S.R.L. IDB Invest IDB Invest Hernandez-Fuentes,Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Social Infrastructure 3000000 3000000 3000000 Colegio Bilingüe New Horizons, S.R.L. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR3611A-02 IDB Invest The proceeds of the proposed operation would help Santa Cruz expand its credit operations with small and medium-sized enterprises (SMEs) of the Dominican Republic, primarily through financing for working capital and/or foreign trade operations. The proposed financing would therefore help Santa Cruz grow its loan portfolio and diversify its sources of medium- and long-term financing. A Dominican bank, Santa Cruz operates through a network of 31 branch offices located throughout the country, and it plans to open three additional branches by year-end 2014. The proceeds of the proposed operation would help Santa Cruz expand its credit operations with small and medium-sized enterprises (SMEs) of the Dominican Republic, primarily through financing for working capital and/or foreign trade operations. The proposed financing would therefore help Santa Cruz grow its loan portfolio and diversify its sources of medium- and long-term financing. A Dominican bank, Santa Cruz operates through a network of 31 branch offices located throughout the country, and it plans to open three additional branches by year-end 2014. IDB Invest Banco Múltiple Santa Cruz S.A. (“Santa Cruz”) IDB Invest Pereyra Giudice, Francisco +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Financial Institutions 3000000 3000000 3000000 Banco Múltiple Santa Cruz, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR-X1008 IDB Invest 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. 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. IDB Invest N/A IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Unspecified 69343500 69343500 69343500 Banco Múltiple Santa Cruz S.A. - TFFP Project Group Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR3634A-01 IDB Invest The project consists of a loan to Banco Popular C. por A. for up to US$15 million. The purpose of the financing is to support Dominican SMEs through financial leasing and factoring operations, working capital loans, and loans for purchasing fixed assets. The project consists of a loan to Banco Popular C. por A. for up to US$15 million. The purpose of the financing is to support Dominican SMEs through financial leasing and factoring operations, working capital loans, and loans for purchasing fixed assets. IDB Invest Banco Popular IDB Invest Pereyra Giudice, Francisco +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Financial Institutions 15000000 15000000 15000000 Banco Popular Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR3641A-01 IDB Invest LSED is a company that was established recently to carry out a power generation project being developed for the municipality of Boca Chica, Santo Domingo province. It is a subsidiary of LS Energía Inc., a company domiciled in Panama, which consolidates all of the group’s international operations. The purpose of this IIC operation is to finance the construction, start-up, and operation of a combined-cycle, natural gas-fired thermoelectric power plant with a capacity of up to 82 megawatts. The project will be located on land already acquired by LSED. The IIC is evaluating a US$5.0 million A loan, a US$35.0 million B loan, and a US$5.0 million subordinated loan. LSED is a company that was established recently to carry out a power generation project being developed for the municipality of Boca Chica, Santo Domingo province. It is a subsidiary of LS Energía Inc., a company domiciled in Panama, which consolidates all of the group’s international operations. The purpose of this IIC operation is to finance the construction, start-up, and operation of a combined-cycle, natural gas-fired thermoelectric power plant with a capacity of up to 82 megawatts. The project will be located on land already acquired by LSED. The IIC is evaluating a US$5.0 million A loan, a US$35.0 million B loan, and a US$5.0 million subordinated loan. IDB Invest LS Energía Dominicana S.R.L. ("LSED") IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Energy 7500000 7500000 7500000 Boca Chica S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-VE1017C-01 IDB Invest The purpose of the project is to preserve the company's economic and financial viability and consolidate the results obtained over more than thirty-five years of operations. The project has four basic components: Refinancing short-term debt Financing permanent working capital Expanding production capacity Moving the offices from Caracas to Maracay Provide long-term financing for a company with access to several export markets: Selva exports industrial and consumer products to the Caribbean, the Andean region, the United States (especially Puerto Rico), and Mexico. Generate more foreign currency to make the company less vulnerable to depreciation risk: Over the past three years Selva's exports have been trending upward, going from $7.6 million in December 1999 (15% of total sales) to $14.8 million in December 2001 (20% of total sales). The project will double the percentage of exports to total company revenue. Preserve more than one thousand jobs in difficult times: The long-term funding from the IIC will enable the company to cut costs by reducing interest expense, thus saving jobs at the company. Inversiones Selva (including Vasos Venezolanos) has 1,131 employees. Support a company that provides consulting services to small and medium-size companies: Selva provides consulting, design, and printing services for small and medium-size industrial customers. It provides technical assistance and works with customers to design the desired products. Improve efficiency in allocating scarce resources: By decreasing the average weighted cost of financing in dollars, the company will be able to save $5.3 million in interest expense that it can then allocate to production in order to double total exports. Generate economies of scale by decreasing average production costs: The project seeks to centralize a large part of Grupo Selva's operations in the same area. This will automatically reduce distribution and transportation costs and make it easier for the companies to cut production costs and thus generate economies of scale. Ultimately, production will increase at the same cost or remain the same at a lower cost. The purpose of the project is to preserve the company's economic and financial viability and consolidate the results obtained over more than thirty-five years of operations. The project has four basic components: Refinancing short-term debt Financing permanent working capital Expanding production capacity Moving the offices from Caracas to Maracay Provide long-term financing for a company with access to several export markets: Selva exports industrial and consumer products to the Caribbean, the Andean region, the United States (especially Puerto Rico), and Mexico. Generate more foreign currency to make the company less vulnerable to depreciation risk: Over the past three years Selva's exports have been trending upward, going from $7.6 million in December 1999 (15% of total sales) to $14.8 million in December 2001 (20% of total sales). The project will double the percentage of exports to total company revenue. Preserve more than one thousand jobs in difficult times: The long-term funding from the IIC will enable the company to cut costs by reducing interest expense, thus saving jobs at the company. Inversiones Selva (including Vasos Venezolanos) has 1,131 employees. Support a company that provides consulting services to small and medium-size companies: Selva provides consulting, design, and printing services for small and medium-size industrial customers. It provides technical assistance and works with customers to design the desired products. Improve efficiency in allocating scarce resources: By decreasing the average weighted cost of financing in dollars, the company will be able to save $5.3 million in interest expense that it can then allocate to production in order to double total exports. Generate economies of scale by decreasing average production costs: The project seeks to centralize a large part of Grupo Selva's operations in the same area. This will automatically reduce distribution and transportation costs and make it easier for the companies to cut production costs and thus generate economies of scale. Ultimately, production will increase at the same cost or remain the same at a lower cost. IDB Invest Inversiones Selva C. A. IDB Invest Perez Silva, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Venezuela Venezuela Manufacturing 5000000 5000000 5000000 Vasos Venezolanos Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11808-01 IDB Invest Healthco Healthco IDB Invest Healthco Products IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Social Infrastructure 117800 117800 117800 Healthco Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES3423A-01 IDB Invest Cangrejera is a Salvadoran company established to develop, build, and operate a photovoltaic solar power plant with nominal capacity of 1.2 MWac (1.48 MWp). The proceeds from the IIC loan will be used to develop, build, and commission the aforementioned photovoltaic solar power plant, along with a 250-meter, 23-kV transmission line to the Melara/Del Sur substation. Total expected cost of the project is estimated to be US$4.2 million. Cangrejera is a Salvadoran company established to develop, build, and operate a photovoltaic solar power plant with nominal capacity of 1.2 MWac (1.48 MWp). The proceeds from the IIC loan will be used to develop, build, and commission the aforementioned photovoltaic solar power plant, along with a 250-meter, 23-kV transmission line to the Melara/Del Sur substation. Total expected cost of the project is estimated to be US$4.2 million. IDB Invest Parque Solar Cangrejera, S.A. de C.V. (“Cangrejera”) IDB Invest Pied, Lucie Juanita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Energy 2700000 2700000 2700000 Parque Solar Cangrejera, S.A. de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12048-01 IDB Invest The Project located in the State of Sergipe in the north east region of Brazil. It consists on the design, construction and operation of a 1500-MW combined cycle natural gas power plant, a 33-km transmission line and associated facilities (including an offshore regasification plant, a submarine pipeline and water intake and sewage pipes), “the Project”. The total cost of the Project is approximately USD 1,300 million. It is anticipated that the IDB/IIC financing will include a combination or Brazilian Reais and American Dollars for an equivalent amount of USD 238 million.The IIC and Inter-American Development Bank Group will provide long term financing in Brazilian Reais, which are not available in the market. The plant will be the largest thermal power plant in South America. This plant will increase Brazil’s actual energy capacity and will help reduce carbon emissions in replacing oil and coal-based power plants with high levels of carbon emission. The Project located in the State of Sergipe in the north east region of Brazil. It consists on the design, construction and operation of a 1500-MW combined cycle natural gas power plant, a 33-km transmission line and associated facilities (including an offshore regasification plant, a submarine pipeline and water intake and sewage pipes), “the Project”. The total cost of the Project is approximately USD 1,300 million. It is anticipated that the IDB/IIC financing will include a combination or Brazilian Reais and American Dollars for an equivalent amount of USD 238 million.The IIC and Inter-American Development Bank Group will provide long term financing in Brazilian Reais, which are not available in the market. The plant will be the largest thermal power plant in South America. This plant will increase Brazil’s actual energy capacity and will help reduce carbon emissions in replacing oil and coal-based power plants with high levels of carbon emission. IDB Invest Centrais Elétricas de Sergipe S.A. - CELSE IDB Invest Vieira Pereira de Almeida, Tomas +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Energy 38000000 38000000 38000000 Porto de Sergipe LNG-to-Power Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES-L1094 IDB Invest 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. 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. IDB Invest IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES-X1009 IDB Invest 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. 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. IDB Invest IDB Invest Joya Silva, Sindy Elena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Unspecified 7980070 7980070 7980070 Banco G&T El Salvador - TFFP Line Project Group Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES3424A-01 IDB Invest JINSAL, S.A. de C.V. Project Group JINSAL, S.A. de C.V. Project Group IDB Invest JINSAL, S.A. de C.V. Project Group IDB Invest Pacheco Chinchilla, Marvin Alexander +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Manufacturing 290000 290000 290000 JINSAL, S.A. de C.V. Project Group Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-VE1069A-01 IDB Invest La CII estará ayudando a patrocinadores pioneros que han demostrado capacidad para crecer en forma sostenida y adaptarse a los problemas y las cuestiones que se van planteando en la industria camaronera. El componente de bioseguridad y mejoras ambientales del proyecto: (i) tendrá un efecto de demostración sobre la dirección general del cultivo tradicional de camarón en Venezuela; y (ii) complementará la iniciativa de los patrocinadores ampliando y difundiendo un programa de especies resistentes a las enfermedades como elemento clave de la defensa estratégica contra las enfermedades virales del camarón. Asimismo, el financiamiento de la CII ayudará a movilizar coinversiones por parte de otras instituciones financieras. La CII estará ayudando a patrocinadores pioneros que han demostrado capacidad para crecer en forma sostenida y adaptarse a los problemas y las cuestiones que se van planteando en la industria camaronera. El componente de bioseguridad y mejoras ambientales del proyecto: (i) tendrá un efecto de demostración sobre la dirección general del cultivo tradicional de camarón en Venezuela; y (ii) complementará la iniciativa de los patrocinadores ampliando y difundiendo un programa de especies resistentes a las enfermedades como elemento clave de la defensa estratégica contra las enfermedades virales del camarón. Asimismo, el financiamiento de la CII ayudará a movilizar coinversiones por parte de otras instituciones financieras. IDB Invest Standard Seafood de Venezuela, C. A. IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Venezuela Venezuela Agribusiness 10000000 10000000 10000000 Standard Seafood Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-VE1059A-01 IDB Invest Tropigas Tropigas IDB Invest IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Venezuela Venezuela Energy 10000000 10000000 10000000 Tropigas Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-VE1017B-01 IDB Invest Inversiones Selva II Inversiones Selva II IDB Invest IDB Invest Perez Silva, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Venezuela Venezuela Social Infrastructure 8000000 8000000 8000000 Inversiones Selva II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11930-01 IDB Invest The proposed financing consists of an A/B senior unsecured loan of approximately US$500 million to Banco do Brasil S.A (“BdB” or the “Bank”) as follows: (i) IIC A loan of up to US$30 million to be funded by the IIC; (ii) IDB A loan of up to US$70 million to be funded by the IDB; and (iii) B loan expected to be of approximately US$400 million to be funded through the sale of participations to commercial lenders (the “Financing”). The term of the IIC A loan and the IDB A Loan is expected to be up to 5 years with up to one year of grace. This Project constitutes the first commercial financing in which BdB has worked with a multilateral institution and the first time that it will enter into an A/B loan agreement, though BdB has participated in several IIC-led A/B loans as a B lender and, in this context, has always had an excellent relationship with the IDB Group. The Financing is intended to support BdB in increasing access to financing for micro and small enterprises (MSEs) involved along the agribusiness value chain in Brazil. Specifically, the A loan will be dedicated to serving those MSEs operating in underserved areas of the country, including the Northeast, while the B loan will work with agribusiness MSEs throughout the country. In addition, the IIC will seek to support BdB with advisory services focused on its microentrepreneur clients on issues of financial education. The proposed financing consists of an A/B senior unsecured loan of approximately US$500 million to Banco do Brasil S.A (“BdB” or the “Bank”) as follows: (i) IIC A loan of up to US$30 million to be funded by the IIC; (ii) IDB A loan of up to US$70 million to be funded by the IDB; and (iii) B loan expected to be of approximately US$400 million to be funded through the sale of participations to commercial lenders (the “Financing”). The term of the IIC A loan and the IDB A Loan is expected to be up to 5 years with up to one year of grace. This Project constitutes the first commercial financing in which BdB has worked with a multilateral institution and the first time that it will enter into an A/B loan agreement, though BdB has participated in several IIC-led A/B loans as a B lender and, in this context, has always had an excellent relationship with the IDB Group. The Financing is intended to support BdB in increasing access to financing for micro and small enterprises (MSEs) involved along the agribusiness value chain in Brazil. Specifically, the A loan will be dedicated to serving those MSEs operating in underserved areas of the country, including the Northeast, while the B loan will work with agribusiness MSEs throughout the country. In addition, the IIC will seek to support BdB with advisory services focused on its microentrepreneur clients on issues of financial education. IDB Invest Banco do Brasil IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 30000000 30000000 30000000 Banco do Brasil Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1432 IDB Invest Mind Lab Mind Lab IDB Invest Mindlab do Brazil Comercio de Livros Ltda IDB Invest Sanjurjo Castineira, Joaquin Daniel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Social Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1433 IDB Invest 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. 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. IDB Invest IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES-L1086 IDB Invest 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. 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. IDB Invest IDB Invest Joya Silva, Sindy Elena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Social Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-VE1035A-01 IDB Invest Telecomunicaciones Impsat, S.A. Telecomunicaciones Impsat, S.A. IDB Invest IDB Invest Carsalade, Flavio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Venezuela Venezuela Digital Economy 3000000 3000000 3000000 Telecomunicaciones Impsat, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES3413A-01 IDB Invest The project consists of a long-term IIC loan of up to US$15 million to Scotiabank El Salvador. The proceeds of the loan will be used to finance home purchases by middle- and lower-middle-income individuals, and to fund loans for the productive activities of Salvadoran SMEs operating in a variety of economic sectors. Scotiabank El Salvador is the second largest bank in El Salvador. Its activities focus primarily on lending to individuals, with an emphasis on the residential mortgage financing sector, where it is the market leader. Scotiabank El Salvador serves its customers through its national network of 53 branch offices, 133 automatic teller machines, and 4 secure ATM vestibules. The project consists of a long-term IIC loan of up to US$15 million to Scotiabank El Salvador. The proceeds of the loan will be used to finance home purchases by middle- and lower-middle-income individuals, and to fund loans for the productive activities of Salvadoran SMEs operating in a variety of economic sectors. Scotiabank El Salvador is the second largest bank in El Salvador. Its activities focus primarily on lending to individuals, with an emphasis on the residential mortgage financing sector, where it is the market leader. Scotiabank El Salvador serves its customers through its national network of 53 branch offices, 133 automatic teller machines, and 4 secure ATM vestibules. IDB Invest Scotiabank El Salvador S.A. (“Scotiabank El Salvador”) IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions 15000000 15000000 15000000 Scotiabank El Salvador, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES3410A-01 IDB Invest The proceeds of this loan will be used to provide financing to small and medium-sized enterprises in El Salvador through loans for working capital and the modernization and/or growth of these enterprises, based on eligibility criteria to be established by the IIC. The proceeds of this loan will be used to provide financing to small and medium-sized enterprises in El Salvador through loans for working capital and the modernization and/or growth of these enterprises, based on eligibility criteria to be established by the IIC. IDB Invest Factoraje Pentágono S.A. IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions 500000 500000 500000 Pentágono, S.A. de C.V. Project Group Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-VE1024A-01 IDB Invest Grupo C.N.V., C.A. Equity Grupo C.N.V., C.A. Equity IDB Invest IDB Invest Aguilar, Carlosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Venezuela Venezuela Manufacturing 4000000 4000000 4000000 Grupo C.N.V., C.A. Equity Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-VE1006A-01 IDB Invest Consorcio Forestal Venezolano Pine Sawmill Consorcio Forestal Venezolano Pine Sawmill IDB Invest IDB Invest Carsalade, Flavio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Venezuela Venezuela Agribusiness 3000000 3000000 3000000 Consorcio Forestal Venezolano Pine Sawmill Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GY3504A-01 IDB Invest The project consists of a loan to Demerara Bank Limited. With this loan, the IIC will promote capital asset and working capital financing for micro, small, and medium-size enterprises in Guyana The project consists of a loan to Demerara Bank Limited. With this loan, the IIC will promote capital asset and working capital financing for micro, small, and medium-size enterprises in Guyana IDB Invest Demerara Bank Limited IDB Invest  Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guyana Guyana Financial Institutions 2000000 2000000 2000000 Demerara Bank Limited Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-VE1011A-01 IDB Invest Orinoco Venture Capital Fund Orinoco Venture Capital Fund IDB Invest IDB Invest López-Llamoza, Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Venezuela Venezuela Financial Institutions 2240000 2240000 2240000 Orinoco Venture Capital Fund Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-VE1003A-01 IDB Invest Agroindustrial Mandioca Agroindustrial Mandioca IDB Invest Agroindustrial Mandioca IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Venezuela Venezuela Agribusiness 3750000 3750000 3750000 Agroindustrial Mandioca Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO-L1110 IDB Invest 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. 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. IDB Invest IDB Invest Muslin, Elee Ismael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-VE1005A-01 IDB Invest Banco Caracas, S.A.C.A. Banco Caracas, S.A.C.A. IDB Invest IDB Invest López-Llamoza, Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Venezuela Venezuela Financial Institutions 8500000 8500000 8500000 Banco Caracas, S.A.C.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO-L1100 IDB Invest 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. 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. IDB Invest IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO-L1099 IDB Invest 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. 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. IDB Invest IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12145-01 IDB Invest Hogarama Hogarama IDB Invest Hogarama, S.A. IDB Invest Ochoa Sanfeliz, Maria Eugenia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Unspecified 400000 400000 400000 Hogarama Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO3729A-01 IDB Invest The proceeds of the IIC loan will be used to finance small and medium-sized Honduran enterprises in productive sectors such as industry, manufacturing, construction, agroindustry, and other eligible sectors. Banco Financiera Centroamericana S.A. (FICENSA) began doing business in Honduras in 1974. With activities geared mainly to corporate financing, the bank has two main offices, one in Tegucigalpa and the other in San Pedro Sula, along with 26 branch offices in the country’s major cities, drive-through teller windows, and an extensive network of automatic teller machines. FICENSA is a member of the Banet network. The proceeds of the IIC loan will be used to finance small and medium-sized Honduran enterprises in productive sectors such as industry, manufacturing, construction, agroindustry, and other eligible sectors. Banco Financiera Centroamericana S.A. (FICENSA) began doing business in Honduras in 1974. With activities geared mainly to corporate financing, the bank has two main offices, one in Tegucigalpa and the other in San Pedro Sula, along with 26 branch offices in the country’s major cities, drive-through teller windows, and an extensive network of automatic teller machines. FICENSA is a member of the Banet network. IDB Invest Banco Financiera Centroamericana S.A. (FICENSA) IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Financial Institutions 3900000 3900000 3900000 Banco Financiera Centroamericana S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME-L1152 IDB Invest ObjectiveObjectiveObjectiveObjectiveObjectiveObjectiveObjective ObjectiveObjectiveObjectiveObjectiveObjectiveObjectiveObjective IDB Invest IDB Invest Biosca, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Transport Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC-L1144 IDB Invest 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. 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. IDB Invest IDB Invest Vera Fabbri, Pablo Marcelo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO-X1023 IDB Invest 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. 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. IDB Invest IDB Invest Joya Silva, Sindy Elena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Unspecified 65416000 65416000 65416000 Banco Ficensa Honduras TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO-L1097 IDB Invest 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. 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. IDB Invest IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME-L1166 IDB Invest 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. 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. IDB Invest IDB Invest Piffaretti, Pablo Eduardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO3731A-01 IDB Invest The project consists of a loan of up to US$3.9 million to Banco Davivienda Honduras S.A. The purpose of this loan is to support Honduran small and medium-sized enterprises (SMEs) through operations to finance working capital or the purchase of fixed assets. Banco Davivienda Honduras is owned by Banco Davivienda Colombia, a bank that belongs to Grupo Empresarial Bolívar de Colombia, which has been in business for more than 70 years. The project consists of a loan of up to US$3.9 million to Banco Davivienda Honduras S.A. The purpose of this loan is to support Honduran small and medium-sized enterprises (SMEs) through operations to finance working capital or the purchase of fixed assets. Banco Davivienda Honduras is owned by Banco Davivienda Colombia, a bank that belongs to Grupo Empresarial Bolívar de Colombia, which has been in business for more than 70 years. IDB Invest Davivienda Honduras S.A. IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Financial Institutions 3900000 3900000 3900000 Banco Davivienda Honduras, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-SU-X1003 IDB Invest 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. 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. IDB Invest IDB Invest Gutierrez Lopez, Ornella Romina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Suriname Suriname Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-SU3300A-01 IDB Invest Cooperatieve Spaar en Kredietbank Godo G.A. ("Godo") is the largest savings and credit union in Suriname; it specializes in lending for housing. The purpose of this IIC project is to support Godo’s lending activities and fund the growth of its credit portfolio. The US$1.5 million IIC loan would enable the institution to diversify its sources of funding by obtaining its first long-term loan from a multilateral institution. Cooperatieve Spaar en Kredietbank Godo G.A. ("Godo") is the largest savings and credit union in Suriname; it specializes in lending for housing. The purpose of this IIC project is to support Godo’s lending activities and fund the growth of its credit portfolio. The US$1.5 million IIC loan would enable the institution to diversify its sources of funding by obtaining its first long-term loan from a multilateral institution. IDB Invest Cooperatieve Spaar en Kredietbank Godo G.A. IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Suriname Suriname Financial Institutions 1000000 1000000 1000000 Coöperatieve spaar- en kredietbank Godo G.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3893A-01 IDB Invest The proceeds of the loan shall be used to provide financing to small and medium-sized enterprises (SME) in Nicaragua in the form of medium- and long-term loans to modernize and expand these companies. BAC Nicaragua, a bank established in 1952, forms part of the BAC Credomatic group, the main issuer and processer of credit and debit cards in Central America. BAC Nicaragua is a full service bank that allocates 45 percent—a significant portion—of its portfolio to retail banking, and the remaining 55 percent is for corporate banking. In terms of assets and portfolio, BAC Nicaragua is the third largest bank in Nicaragua. BAC Nicaragua offers a broad portfolio of financial services and products through multiple distribution channels such as its branches, points of service, ATMs, and mobile banking. It currently has a network of 33 branches, 173 ATMs, and 9 points of service located within companies, providing extensive coverage across Nicaragua. The proceeds of the loan shall be used to provide financing to small and medium-sized enterprises (SME) in Nicaragua in the form of medium- and long-term loans to modernize and expand these companies. BAC Nicaragua, a bank established in 1952, forms part of the BAC Credomatic group, the main issuer and processer of credit and debit cards in Central America. BAC Nicaragua is a full service bank that allocates 45 percent—a significant portion—of its portfolio to retail banking, and the remaining 55 percent is for corporate banking. In terms of assets and portfolio, BAC Nicaragua is the third largest bank in Nicaragua. BAC Nicaragua offers a broad portfolio of financial services and products through multiple distribution channels such as its branches, points of service, ATMs, and mobile banking. It currently has a network of 33 branches, 173 ATMs, and 9 points of service located within companies, providing extensive coverage across Nicaragua. IDB Invest Banco de América Central S.A. (BAC Nicaragua) IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Financial Institutions 10000000 10000000 10000000 Banco de América Central, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG3879A-01 IDB Invest Torrecom is a company that provides telecommunications services, primarily the construction of cell towers and their leasing to operators in Latin America and the Caribbean. The proceeds from the issue of Class A3 shares will be used to expand company activities, including the financing of cell tower design and construction and other general uses, such as working capital and the funding of operations. Torrecom is a company that provides telecommunications services, primarily the construction of cell towers and their leasing to operators in Latin America and the Caribbean. The proceeds from the issue of Class A3 shares will be used to expand company activities, including the financing of cell tower design and construction and other general uses, such as working capital and the funding of operations. IDB Invest Torrecom GP LLC and Torrecom Partners LP (“Torrecom”) IDB Invest Vega Aldana, Mario Andres +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Digital Economy 4000000 4000000 4000000 Torrecom Partners LLC Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11307-04 IDB Invest Vinte is a holding company with subsidiaries that develop, promote, design, build, and sell social-interest, middle-income, and upper-income housing, primarily in five states in the center of Mexico.The proposed operation with Vinte is a revolving credit line for financing the construction of social-interest, middle-income, and upper-income housing in Mexico. The proposed line of MX$300 million will comprise a committed tranche of MX$200 million and an uncommitted tranche of MX$100 million. Vinte is a holding company with subsidiaries that develop, promote, design, build, and sell social-interest, middle-income, and upper-income housing, primarily in five states in the center of Mexico.The proposed operation with Vinte is a revolving credit line for financing the construction of social-interest, middle-income, and upper-income housing in Mexico. The proposed line of MX$300 million will comprise a committed tranche of MX$200 million and an uncommitted tranche of MX$100 million. IDB Invest Viviendas Integrales S.A.P.I. de C.V. (“Vinte”) IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Social Infrastructure 16138200 16138200 16138200 Vinte III Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI1032A-03 IDB Invest The objective of this IIC operation is to finance (i) investments for the maintenance of the Holiday Inn, (ii) repayment of CITSA’s current long-term debt, and (iii) the purchase of land for building and outfitting a new convention center in Nicaragua.CITSA is a Nicaraguan company that provides hotel lodgings primarily for business travelers staying in Managua. The objective of this IIC operation is to finance (i) investments for the maintenance of the Holiday Inn, (ii) repayment of CITSA’s current long-term debt, and (iii) the purchase of land for building and outfitting a new convention center in Nicaragua.CITSA is a Nicaraguan company that provides hotel lodgings primarily for business travelers staying in Managua. IDB Invest Corporación de Inversiones Turísticas S.A. (“CITSA”) IDB Invest Piffaretti, Pablo Eduardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Tourism 3500000 3500000 3500000 Corporación de Inversiones Turísticas S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11610-01 IDB Invest The proposed operation includes a partial credit guarantee of up to 155.8 billion Guaraníes (“PYG”) to be issued in favor of the Instituto de Previsión Social (“IPS”). IPS will provide a loan to BBVA Paraguay (the “Guaranteed Loan”) for the guaranteed amount, the Inter-American Development Bank (“IDB”) and the Inter-American Investment Corporation (“IIC”) will grant a guarantee in favor of IPS covering the credit risk of BBVA Paraguay (Guarantee IDB/IIC) IPS under the Guaranteed Loan. The IPS disbursement will be made through a Trust Manager, Agencia Financiera de Desarrollo, through whom IPS will receive payments for the Guaranteed Loan. The Guaranteed Loan will have a term of up to five years, with two years of grace, and semi-annual amortization. The use of funds for the Guaranteed Loan will be to finance small and medium enterprises (“SMEs”) in the productive sector of Paraguay. The proposed operation includes a partial credit guarantee of up to 155.8 billion Guaraníes (“PYG”) to be issued in favor of the Instituto de Previsión Social (“IPS”). IPS will provide a loan to BBVA Paraguay (the “Guaranteed Loan”) for the guaranteed amount, the Inter-American Development Bank (“IDB”) and the Inter-American Investment Corporation (“IIC”) will grant a guarantee in favor of IPS covering the credit risk of BBVA Paraguay (Guarantee IDB/IIC) IPS under the Guaranteed Loan. The IPS disbursement will be made through a Trust Manager, Agencia Financiera de Desarrollo, through whom IPS will receive payments for the Guaranteed Loan. The Guaranteed Loan will have a term of up to five years, with two years of grace, and semi-annual amortization. The use of funds for the Guaranteed Loan will be to finance small and medium enterprises (“SMEs”) in the productive sector of Paraguay. IDB Invest Banco Bilbao Vizcaya Argentaria Paraguay S.A. (“BBVA Paraguay”) IDB Invest Paredes, Cristina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 9867010 9867010 9867010 BBVA Paraguay SME Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN3764A-02 IDB Invest Banistmo is an entity domiciled in Panama. It began operating in 1973 and was acquired in October 2013 by Bancolombia S.A., a financial entity that is Colombian in origin and has a net worth of US$8 billion, making it the eighth largest private bank in Latin America. Banistmo is a full-service bank regulated by Panama’s banking regulator (Superintendencia de Bancos de Panamá). It provides a wide variety of financial services both directly and through its affiliates, mainly to institutions and natural persons. In addition to consumer banking and services to corporate clients, Banistmo provides financial leasing, trust asset management and services like payment, registry, brokerage, and trading of securities. Banistmo is the second largest private bank in Panama. It had a market share of 12 percent as of March 2015 by deposits and a 14 percent market share by loan portfolio. It is a diversified bank, with 17 percent of its portfolio in the consumer sector, 27 percent in residential mortgage lending, and 56 percent in corporate lending. Banistmo has 455,000 customers, 55 branches, and more than 300 ATMs. Micro, small, and medium sized enterprises account for 63% of the total number of enterprises financed by the Bank. The rest are large corporate clients. The objective of this financing is to support small and medium-sized companies, in Panama mainly but also in Barbados, Belize, Costa Rica, the Dominican Republic, El Salvador, Guatemala, Guyana, Honduras, Jamaica, Nicaragua, Peru, Suriname, The Bahamas, and Trinidad and Tobago, where the Bank has an opportunity to grow through credit transactions to finance working capital or the purchase of fixed assets. Banistmo is an entity domiciled in Panama. It began operating in 1973 and was acquired in October 2013 by Bancolombia S.A., a financial entity that is Colombian in origin and has a net worth of US$8 billion, making it the eighth largest private bank in Latin America. Banistmo is a full-service bank regulated by Panama’s banking regulator (Superintendencia de Bancos de Panamá). It provides a wide variety of financial services both directly and through its affiliates, mainly to institutions and natural persons. In addition to consumer banking and services to corporate clients, Banistmo provides financial leasing, trust asset management and services like payment, registry, brokerage, and trading of securities. Banistmo is the second largest private bank in Panama. It had a market share of 12 percent as of March 2015 by deposits and a 14 percent market share by loan portfolio. It is a diversified bank, with 17 percent of its portfolio in the consumer sector, 27 percent in residential mortgage lending, and 56 percent in corporate lending. Banistmo has 455,000 customers, 55 branches, and more than 300 ATMs. Micro, small, and medium sized enterprises account for 63% of the total number of enterprises financed by the Bank. The rest are large corporate clients. The objective of this financing is to support small and medium-sized companies, in Panama mainly but also in Barbados, Belize, Costa Rica, the Dominican Republic, El Salvador, Guatemala, Guyana, Honduras, Jamaica, Nicaragua, Peru, Suriname, The Bahamas, and Trinidad and Tobago, where the Bank has an opportunity to grow through credit transactions to finance working capital or the purchase of fixed assets. IDB Invest Banistmo S.A. IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 40000000 40000000 40000000 Banistmo II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3850A-02 IDB Invest A loan of US$275,000 from the Inter-American Investment Corporation (IIC) to Nicaraguan company Genéricos Centroamericanos, S.A. (Generifar) will enable this small enterprise to meet the growing domestic and international demand for its chemical and pharmaceutical products for human consumption. A loan of US$275,000 from the Inter-American Investment Corporation (IIC) to Nicaraguan company Genéricos Centroamericanos, S.A. (Generifar) will enable this small enterprise to meet the growing domestic and international demand for its chemical and pharmaceutical products for human consumption. IDB Invest Genericos Centroamericanos, S.A. III IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Social Infrastructure 275000 275000 275000 Genéricos Centroamericanos, S.A. Project Group Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11611-01 IDB Invest Tigo Paraguay’s has developed a coherent 5 years business plan that includes investing US$ 617 million from 2016 until 2020 mainly to support its offer of mobile access to broadband, fixed business lines and licenses and/or acquisitions. Out of the US$ 165 million (“Project Cost”) FY 2016 capex investment set in the 2016-2020 business plan, the IIC will support TIGO with up US$ 70,000,000 equiv. in local currency guaranies. The financing will have a tenure of up to 5 years including 2 years grace period of which Instituto de Prevision Social (IPS) will act as the Lender of record and IIC-IDB as Guarantor of IPS’s credit exposure. As Guarantor, the IDB Group (AAA) will cover 100% of IPS exposure to TIGO. The use of funds of the project is to support (i) expansion of 3G network including the creation of fast mobile data network 4G-LTE in Asuncion, Ciudad del Este, San Lorenzo and surrounding areas, (ii) increase coverage for fixed internet and digital TV by connecting more homes to the network, and (iii) increase the network for Business-to-Business (B2B). In terms of development impact and IIC’s Business Priority Areas, the Project is aligned for (a) social inclusion and inequality, productivity and innovation; (b) promotion of infrastructure for development; (iii) support innovation and technological development and (iv) enhance private provision of basic goods and services, income generating opportunities and social mobility for vulnerable populations. In addition, the Project is in line with the Paraguayan government’s policy for Telecom implementation in the country, which is focused on accompanying the shift in telecom from voice to data, and on ensuring a universal and affordable availability of broadband. Furthermore, the investment proposal is aligned with the Global Connect Initiative of which the Paraguayan government is part of and whose main objective is to bring 1.5 billion persons to the online world by 2020 while at the same time reducing or closing the digital gap between those with Internet access and those without it. Tigo Paraguay’s has developed a coherent 5 years business plan that includes investing US$ 617 million from 2016 until 2020 mainly to support its offer of mobile access to broadband, fixed business lines and licenses and/or acquisitions. Out of the US$ 165 million (“Project Cost”) FY 2016 capex investment set in the 2016-2020 business plan, the IIC will support TIGO with up US$ 70,000,000 equiv. in local currency guaranies. The financing will have a tenure of up to 5 years including 2 years grace period of which Instituto de Prevision Social (IPS) will act as the Lender of record and IIC-IDB as Guarantor of IPS’s credit exposure. As Guarantor, the IDB Group (AAA) will cover 100% of IPS exposure to TIGO. The use of funds of the project is to support (i) expansion of 3G network including the creation of fast mobile data network 4G-LTE in Asuncion, Ciudad del Este, San Lorenzo and surrounding areas, (ii) increase coverage for fixed internet and digital TV by connecting more homes to the network, and (iii) increase the network for Business-to-Business (B2B). In terms of development impact and IIC’s Business Priority Areas, the Project is aligned for (a) social inclusion and inequality, productivity and innovation; (b) promotion of infrastructure for development; (iii) support innovation and technological development and (iv) enhance private provision of basic goods and services, income generating opportunities and social mobility for vulnerable populations. In addition, the Project is in line with the Paraguayan government’s policy for Telecom implementation in the country, which is focused on accompanying the shift in telecom from voice to data, and on ensuring a universal and affordable availability of broadband. Furthermore, the investment proposal is aligned with the Global Connect Initiative of which the Paraguayan government is part of and whose main objective is to bring 1.5 billion persons to the online world by 2020 while at the same time reducing or closing the digital gap between those with Internet access and those without it. IDB Invest Telefónica Celular del Paraguay S.A. IDB Invest Lopez Coronado, Gustavo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Digital Economy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11969-02 IDB Invest Fibrac II Fibrac II IDB Invest Fibrac IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Manufacturing 440000 440000 440000 Fibrac II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR-L1088 IDB Invest 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. 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. IDB Invest IDB Invest Flaiban, Diego +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Water and Sanitation Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR4024A-01 IDB Invest The Inter-American Investment Corporation (IIC) approved a loan of up to US$2 million to Banco para la Comercialización y la Producción S.A. (Bancop) to expand its lending operations with Paraguayan small and medium-sized enterprises (SMEs) in the agricultural, livestock, commercial, industrial, and services sectors, thereby boosting agricultural and livestock production in Paraguay. The project consists of a loan to Bancop. The purpose of this IIC operation is to help Bancop increase its loan operations for medium-term projects with Paraguay’s small and medium-sized enterprise sector, including rural producers, through loans to producers’ cooperatives and/or small or medium-sized producers, thereby promoting crop and livestock production in Paraguay. On January 31, 2012, the Central Bank of Paraguay (BCP) issued Bancop a license to operate, and on July 16, 2012, the bank opened its doors to the public. Paraguay’s first cooperative-owned bank, Bancop currently has 27 producers’ cooperatives as shareholders. Its purpose is to provide long-term loans to cooperatives, their members, and any other customer interested in working with it, thus boosting their productive capacity. The Inter-American Investment Corporation (IIC) approved a loan of up to US$2 million to Banco para la Comercialización y la Producción S.A. (Bancop) to expand its lending operations with Paraguayan small and medium-sized enterprises (SMEs) in the agricultural, livestock, commercial, industrial, and services sectors, thereby boosting agricultural and livestock production in Paraguay. The project consists of a loan to Bancop. The purpose of this IIC operation is to help Bancop increase its loan operations for medium-term projects with Paraguay’s small and medium-sized enterprise sector, including rural producers, through loans to producers’ cooperatives and/or small or medium-sized producers, thereby promoting crop and livestock production in Paraguay. On January 31, 2012, the Central Bank of Paraguay (BCP) issued Bancop a license to operate, and on July 16, 2012, the bank opened its doors to the public. Paraguay’s first cooperative-owned bank, Bancop currently has 27 producers’ cooperatives as shareholders. Its purpose is to provide long-term loans to cooperatives, their members, and any other customer interested in working with it, thus boosting their productive capacity. IDB Invest Banco para la Comercialización y la Producción S.A. IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 2000000 2000000 2000000 Banco para la Comercialización y la Producción S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-SU3296A-01 IDB Invest The project consists of a long-term loan of up to US$4 million to CKC. The loan proceeds will be used to finance CKC’s capital investment for expansion projects and its permanent working capital requirements. The project consists of a long-term loan of up to US$4 million to CKC. The loan proceeds will be used to finance CKC’s capital investment for expansion projects and its permanent working capital requirements. IDB Invest C.KERSTEN & CO. NV IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Suriname Suriname Manufacturing 4000000 4000000 4000000 C.Kersten & Co. NV Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR-L1098 IDB Invest 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. 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. IDB Invest IDB Invest Flaiban, Diego +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR-L1083 IDB Invest 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. 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. IDB Invest IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3846A-02 IDB Invest Ganadería Integral de Nicaragua, S.A. (“GINSA”) is a company related to Grupo Viz de México (“Sukarne,” www.sukarne.com). Founded in 2008, GINSA is located in the Villa El Carmen Municipality, approximately 35 kilometers from Managua. GINSA is a beef producer with finishing feedlots, a feed storage and processing plant, and facilities for transporting, handling, buying, and selling cattle. The GINSA project consists of constructing, equipping, and commissioning a slaughterhouse with nominal capacity to slaughter 180,000 head of cattle annually. The project also includes expanding the corrals and the feed plant to handle inventory of up to 50,000 head of cattle. With this project, GINSA will consolidate its commercial position by becoming a Nicaraguan producer that has integrated the finishing, slaughtering and processing, sales, and export phases of beef production. The IIC loan will consist of an A loan of up to US$5 million; a B loan from participating banks of up to US$25 million; and a C loan from Mexico’s Banco Nacional de Comercio Exterior, S.N.C. of up to US$20 million. This will be the IIC’s second loan to GINSA. The first IIC loan to GINSA was in 2012 for US$10 million. Nicaragua is an important producer in the agribusiness sector in Central America. It runs a surplus in cattle production and beef exports. The IIC loan will complement foreign investment in Nicaragua, help create jobs, and boost an important sector of the domestic economy. Exports of beef and cattle—the second largest category of Nicaraguan exports—stood at more than US$228 million in the first half of 2014. Through GINSA, Grupo Viz continues to exchange information and experience with a number of players in the agriculture and livestock sector in Nicaragua, including both professional associations and entities associated with the Nicaraguan government. Grupo Viz, with its Sukarne brand, is an integrated animal protein producer and Mexico’s largest beef producer, posting over US$400 million a year in exports to Japan, Russia, South Korea, the United States, and other international markets. Headquartered in Culiacán, in the State of Sinaloa, Grupo Viz has five production facilities in Mexico and a nationwide distribution and marketing network. Ganadería Integral de Nicaragua, S.A. (“GINSA”) is a company related to Grupo Viz de México (“Sukarne,” www.sukarne.com). Founded in 2008, GINSA is located in the Villa El Carmen Municipality, approximately 35 kilometers from Managua. GINSA is a beef producer with finishing feedlots, a feed storage and processing plant, and facilities for transporting, handling, buying, and selling cattle. The GINSA project consists of constructing, equipping, and commissioning a slaughterhouse with nominal capacity to slaughter 180,000 head of cattle annually. The project also includes expanding the corrals and the feed plant to handle inventory of up to 50,000 head of cattle. With this project, GINSA will consolidate its commercial position by becoming a Nicaraguan producer that has integrated the finishing, slaughtering and processing, sales, and export phases of beef production. The IIC loan will consist of an A loan of up to US$5 million; a B loan from participating banks of up to US$25 million; and a C loan from Mexico’s Banco Nacional de Comercio Exterior, S.N.C. of up to US$20 million. This will be the IIC’s second loan to GINSA. The first IIC loan to GINSA was in 2012 for US$10 million. Nicaragua is an important producer in the agribusiness sector in Central America. It runs a surplus in cattle production and beef exports. The IIC loan will complement foreign investment in Nicaragua, help create jobs, and boost an important sector of the domestic economy. Exports of beef and cattle—the second largest category of Nicaraguan exports—stood at more than US$228 million in the first half of 2014. Through GINSA, Grupo Viz continues to exchange information and experience with a number of players in the agriculture and livestock sector in Nicaragua, including both professional associations and entities associated with the Nicaraguan government. Grupo Viz, with its Sukarne brand, is an integrated animal protein producer and Mexico’s largest beef producer, posting over US$400 million a year in exports to Japan, Russia, South Korea, the United States, and other international markets. Headquartered in Culiacán, in the State of Sinaloa, Grupo Viz has five production facilities in Mexico and a nationwide distribution and marketing network. IDB Invest Ganadería Integral de Nicaragua, S.A. (“GINSA”) IDB Invest Perez, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Agribusiness 5000000 5000000 5000000 Ganadería Integral de Nicaragua, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3831A-03 IDB Invest Credi-Factor, S.A. Credi-Factor, S.A. IDB Invest CrediFactor S.A. II IDB Invest Alvarenga de Jacoby, Marisela +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Financial Institutions 750000 750000 750000 Credi-Factor, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR4026A-01 IDB Invest The Inter-American Investment Corporation (IIC) has approved a loan of up to US$3 million to Tecnomyl S.A. in Paraguay to fund the expansion, improvement, and modernization of its industrial plant in order to increase production while maintaining high quality, not only for domestic sales but also for sales to new markets such as Brazil, Colombia, and Mexico. The IIC loan to Tecnomyl will partly finance a number of investments in expansion of and improvements to its plant, such as: (i) laboratory: quality control; research and development; (ii) expansion of the flowable products plant, and (iii) storage for finished products. Tecnomyl (www.tecnomyl.com.py) is the largest producer of agrochemical products (pesticides, fungicides, and herbicides) in Paraguay. It is the only local producer that holds ISO 9001 (quality) and 14001 (environmental) certifications, as well as the only one with a modern laboratory equipped with the technology to perform quality control on both the raw materials and its finished products. The laboratory is also capable of performing research and development to create new products for boosting farmer productivity and profits. The IIC loan will enable the company to make these investments, which are so important for expanding its domestic production and ensuring high quality for gaining entry to new markets, including Brazil, Colombia, and Mexico. The Inter-American Investment Corporation (IIC) has approved a loan of up to US$3 million to Tecnomyl S.A. in Paraguay to fund the expansion, improvement, and modernization of its industrial plant in order to increase production while maintaining high quality, not only for domestic sales but also for sales to new markets such as Brazil, Colombia, and Mexico. The IIC loan to Tecnomyl will partly finance a number of investments in expansion of and improvements to its plant, such as: (i) laboratory: quality control; research and development; (ii) expansion of the flowable products plant, and (iii) storage for finished products. Tecnomyl (www.tecnomyl.com.py) is the largest producer of agrochemical products (pesticides, fungicides, and herbicides) in Paraguay. It is the only local producer that holds ISO 9001 (quality) and 14001 (environmental) certifications, as well as the only one with a modern laboratory equipped with the technology to perform quality control on both the raw materials and its finished products. The laboratory is also capable of performing research and development to create new products for boosting farmer productivity and profits. The IIC loan will enable the company to make these investments, which are so important for expanding its domestic production and ensuring high quality for gaining entry to new markets, including Brazil, Colombia, and Mexico. IDB Invest Tecnomyl S.A. IDB Invest Lopez Coronado, Gustavo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Agribusiness 3000000 3000000 3000000 Tecnomyl S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3889A-01 IDB Invest The objective of this IIC operation is to fund the partial renovation of Budget Rent a Car Nicaragua’s fleet of vehicles during the 2014-2015 period. OFASA is a company owned by the Solórzano family. It was founded in the 1970s. OFASA has the Budget Rent a Car franchise in Nicaragua. It currently has a fleet of about 400 vehicles at 10 different locations. The objective of this IIC operation is to fund the partial renovation of Budget Rent a Car Nicaragua’s fleet of vehicles during the 2014-2015 period. OFASA is a company owned by the Solórzano family. It was founded in the 1970s. OFASA has the Budget Rent a Car franchise in Nicaragua. It currently has a fleet of about 400 vehicles at 10 different locations. IDB Invest Operaciones Familiares S.A. (“OFASA”) IDB Invest Vera Fabbri, Pablo Marcelo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Manufacturing 1000000 1000000 1000000 Operaciones Familiares S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI-L1088 IDB Invest 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. 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. IDB Invest IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Agribusiness Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11624-02 IDB Invest Nicefield is a special-purpose corporation established to develop a 70 MW wind farm called Campo Palomas under an operating lease agreement with state company Administración Nacional de Usinas y Transmisiones (UTE). The wind farm is located in the Department of Salto, about 540 km from Montevideo. It involves the installation of 35 Vestas 110 wind turbines of 2.0 MW each. An investment of US$173 million is projected for purchasing and installing the wind turbines, building internal roads, and laying internal subterranean power lines, as well as constructing 6 km of 150-kV transmission lines connecting to the Salto Grande-Arapey substation (150 kV) and the wiring for the entire wind farm. Enertey is a Uruguayan company that leads the concessions market. It currently operates two wind farms of 50 MW each. Inabensa is a Spanish company that is a global leader in the design and manufacture of power plant systems and the construction of substations and transmission lines. Abengoa is a global engineering and technology company founded in 1941 in Seville, Spain. It is a global leader in the development of renewable energy, infrastructure, and waste recycling. It has been operating in Latin America since 1963 and has a presence in more than 80 countries. The proceeds from the IIC loan will be used for the installation, start-up, and operation of the aforementioned wind farm. Nicefield is a special-purpose corporation established to develop a 70 MW wind farm called Campo Palomas under an operating lease agreement with state company Administración Nacional de Usinas y Transmisiones (UTE). The wind farm is located in the Department of Salto, about 540 km from Montevideo. It involves the installation of 35 Vestas 110 wind turbines of 2.0 MW each. An investment of US$173 million is projected for purchasing and installing the wind turbines, building internal roads, and laying internal subterranean power lines, as well as constructing 6 km of 150-kV transmission lines connecting to the Salto Grande-Arapey substation (150 kV) and the wiring for the entire wind farm. Enertey is a Uruguayan company that leads the concessions market. It currently operates two wind farms of 50 MW each. Inabensa is a Spanish company that is a global leader in the design and manufacture of power plant systems and the construction of substations and transmission lines. Abengoa is a global engineering and technology company founded in 1941 in Seville, Spain. It is a global leader in the development of renewable energy, infrastructure, and waste recycling. It has been operating in Latin America since 1963 and has a presence in more than 80 countries. The proceeds from the IIC loan will be used for the installation, start-up, and operation of the aforementioned wind farm. IDB Invest Nicefield S.A. (“Nicefield”) IDB Invest Diaz Gomez, Anahi +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Energy 10720000 10720000 10720000 Campo Palomas Wind Power Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR-L1100 IDB Invest 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. 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. IDB Invest IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR3882A-01 IDB Invest The IIC loan of US$230,000 will enable Las Maravillas Sociedad Agropecuaria to refinance its short-term debt, thereby improving its financial matching and freeing up permanent working capital. Las Maravillas is a Uruguayan family business in the farming sector that manages a total of 2,300 hectares. Its main focus is rice cultivation and livestock. The IIC loan of US$230,000 will enable Las Maravillas Sociedad Agropecuaria to refinance its short-term debt, thereby improving its financial matching and freeing up permanent working capital. Las Maravillas is a Uruguayan family business in the farming sector that manages a total of 2,300 hectares. Its main focus is rice cultivation and livestock. IDB Invest Las Maravillas Sociedad Agropecuaria IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Agribusiness 230000 230000 230000 Maravillas Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR-L1103 IDB Invest 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. 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. IDB Invest IDB Invest Minarrieta Iravedra, Mauricio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR-L1105 IDB Invest 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. 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. IDB Invest IDB Invest Minarrieta Iravedra, Mauricio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO-L1159 IDB Invest 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. 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. IDB Invest IDB Invest Ochoa Sanfeliz, Maria Eugenia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Transport Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO-L1157 IDB Invest 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. 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. IDB Invest IDB Invest Olsen, Susan M +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Social Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR3852A-01 IDB Invest La Corporación Interamericana de Inversiones (CII) aprobó un préstamo de US$140.000 a la empresa uruguaya Bandalux S.A., dedicada a la fabricación, comercialización e instalación de cortinas no tradicionales y toldos, en el Departamento de Montevideo, Uruguay. La Corporación Interamericana de Inversiones (CII) aprobó un préstamo de US$140.000 a la empresa uruguaya Bandalux S.A., dedicada a la fabricación, comercialización e instalación de cortinas no tradicionales y toldos, en el Departamento de Montevideo, Uruguay. IDB Invest Bandalux Uruguay SA IDB Invest Gonzalez Darriulat, Ignacio Jose +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Social Infrastructure 140000 140000 140000 BANDALUX Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR-L1088 IDB Invest 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. 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. IDB Invest IDB Invest Patti, Lucila Andrea +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Social Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11914-01 IDB Invest This project consists of a senior secured loan of up to US$1,000,000. The objective of the loan is to fund the installation of a rooftop solar PV system at CBC's main bottling factory in Nassau, Bahamas. The project will result in the addition of 1,153 kW of solar photovoltaic panels on the rooftop of CBC's factory. The total project cost is of approximately US$1,800,000, which is the total cost of the solar PV system. The system will be one of the first and the largest solar PV installations in Bahamas and will reduce CO2 emissions by 24,530 tons over 25 years of operation, by displacing electricity from the grid. This project consists of a senior secured loan of up to US$1,000,000. The objective of the loan is to fund the installation of a rooftop solar PV system at CBC's main bottling factory in Nassau, Bahamas. The project will result in the addition of 1,153 kW of solar photovoltaic panels on the rooftop of CBC's factory. The total project cost is of approximately US$1,800,000, which is the total cost of the solar PV system. The system will be one of the first and the largest solar PV installations in Bahamas and will reduce CO2 emissions by 24,530 tons over 25 years of operation, by displacing electricity from the grid. IDB Invest Caribbean Bottling Company (Bahamas) Ltd. (CBC) IDB Invest Perez Salmeron, Ana Julia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bahamas Bahamas Energy 1000000 1000000 1000000 CBC Solar PV Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3807A-05 IDB Invest The purpose of the proposed loan is to support the lending activities of the bank in Colombia and those of its subsidiaries in Peru and Paraguay. The proceeds of the loan will be used to finance SME working capital needs and the acquisition of assets in these three countries, in addition to helping the bank diversify its long-term sources of financing. Sudameris is a niche bank specializing in three main products: business loans, direct-debit loans, and treasury products. Commercial loans (to the SME and corporate sector) make up 53% of its portfolio, and consumer loans, the majority of them direct-debit loans, 47%. Sudameris owns the second largest network of automatic teller machines in Colombia, with more than 2,179 ATMs. The purpose of the proposed loan is to support the lending activities of the bank in Colombia and those of its subsidiaries in Peru and Paraguay. The proceeds of the loan will be used to finance SME working capital needs and the acquisition of assets in these three countries, in addition to helping the bank diversify its long-term sources of financing. Sudameris is a niche bank specializing in three main products: business loans, direct-debit loans, and treasury products. Commercial loans (to the SME and corporate sector) make up 53% of its portfolio, and consumer loans, the majority of them direct-debit loans, 47%. Sudameris owns the second largest network of automatic teller machines in Colombia, with more than 2,179 ATMs. IDB Invest Banco GNB Sudameris S.A. (“Sudameris”) IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 20000000 20000000 20000000 Banco GNB Sudameris S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BH1020A-01 IDB Invest Waterfields Company Limited Waterfields Company Limited IDB Invest IDB Invest Oradei-Bayz, Laura +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bahamas Bahamas Energy 1000000 1000000 1000000 Waterfields Company Limited Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3971A-01 IDB Invest Los Molinos Project consists of the development, construction and operation of two small run of the river hydroelectric plants to be located in the Municipality of Cocorna, Department of Antioquia (PCH El Molino and PCH San Matias). Each plant will have an installed capacity of 19.9 MW and will collectively generate 246 GWh of clean energy per year. The Project is being developed by LAREIF, a Panamanian company owned by Century Energy Corporation and The Cornerstone Group. LAREIF invests in renewable energy projects, has developed eight projects, of which five are operating and three are under construction for a total of 146 MW. The engineering, design, construction and supervision of the civil works of the Project will be undertaken by HMV Ingenieros (“HMV”), a major engineering firm in Colombia with experience in energy-related EPC Projects. The Project cost is estimated at US$ 125 Million. The two plants are expected to begin commercial operations in 2016. With this operation, the IIC will be supporting the development of small hydroelectric projects in Colombia by providing long term financing (up to seventeen years). The project will contribute to increasing Colombia’s installed power generation capacity and supplying additional electricity to meet the country’s energy demand. Run-of-river hydroelectric projects are a very low cost source of energy. The project will help increase the portfolio of low cost hydropower energy generation assets in Colombia. Los Molinos Project consists of the development, construction and operation of two small run of the river hydroelectric plants to be located in the Municipality of Cocorna, Department of Antioquia (PCH El Molino and PCH San Matias). Each plant will have an installed capacity of 19.9 MW and will collectively generate 246 GWh of clean energy per year. The Project is being developed by LAREIF, a Panamanian company owned by Century Energy Corporation and The Cornerstone Group. LAREIF invests in renewable energy projects, has developed eight projects, of which five are operating and three are under construction for a total of 146 MW. The engineering, design, construction and supervision of the civil works of the Project will be undertaken by HMV Ingenieros (“HMV”), a major engineering firm in Colombia with experience in energy-related EPC Projects. The Project cost is estimated at US$ 125 Million. The two plants are expected to begin commercial operations in 2016. With this operation, the IIC will be supporting the development of small hydroelectric projects in Colombia by providing long term financing (up to seventeen years). The project will contribute to increasing Colombia’s installed power generation capacity and supplying additional electricity to meet the country’s energy demand. Run-of-river hydroelectric projects are a very low cost source of energy. The project will help increase the portfolio of low cost hydropower energy generation assets in Colombia. IDB Invest PCHs Los Molinos S.A.S E.S.P. (“Los Molinos”) IDB Invest De Narvaez, Olga Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Energy 30000000 30000000 30000000 PCHs Los Molinos S.A.S. E.S.P. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO-L1147 IDB Invest 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. 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. IDB Invest IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO-L1115 IDB Invest 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. 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. IDB Invest IDB Invest Gonzales Fernandez, Ivan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO3627A-01 IDB Invest The funds from the stock issue will be used to strengthen Banco Ganadero’s capital structure, thus enabling it to grow, especially in western Bolivia. Banco Ganadero was established in 1993 in the city of Santa Cruz de la Sierra. It currently has branches in the cities of La Paz, Cochabamba, Trinidad, and Tarija, as well as additional smaller branches in the cities of Santa Cruz, La Paz, Cochabamba, Sucre, Tarija, Oruro, Cobija, Montero, Riberalta, and El Alto. Banco Ganadero seeks to support the development of the country’s productive and commercial activities and provides short-, medium-, and long-term loans that meet high quality standards. Its financing reaches Bolivia’s main sectors, including commerce, animal husbandry, industry, services, and agriculture. The funds from the stock issue will be used to strengthen Banco Ganadero’s capital structure, thus enabling it to grow, especially in western Bolivia. Banco Ganadero was established in 1993 in the city of Santa Cruz de la Sierra. It currently has branches in the cities of La Paz, Cochabamba, Trinidad, and Tarija, as well as additional smaller branches in the cities of Santa Cruz, La Paz, Cochabamba, Sucre, Tarija, Oruro, Cobija, Montero, Riberalta, and El Alto. Banco Ganadero seeks to support the development of the country’s productive and commercial activities and provides short-, medium-, and long-term loans that meet high quality standards. Its financing reaches Bolivia’s main sectors, including commerce, animal husbandry, industry, services, and agriculture. IDB Invest Banco Ganadero S.A. (“Banco Ganadero”) IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Financial Institutions 3000000 3000000 3000000 Banco Ganadero, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO3583A-02 IDB Invest The IIC’s loan to ADMSAO will be used to fund part of the company’s annual working capital needs, financing the credit it extends to agricultural producers who will supply soybeans and sunflower seeds to ADMSAO. ADMSAO (www.admsao.com) is one of the leading companies in the oilseed industry in Bolivia. It is also the leader in nontraditional exports in Bolivia, winning the excellence in exports prize (Premio de la Excelencia Exportadora) several years in a row. Archer Daniels Midland Company (ADM, www.adm.com), a company based in Decatur, Illinois, USA, is a significant source of financing and technical assistance for farmers in the Santa Cruz department, in addition to being an important buyer of the country’s soybean and sunflower products. The IIC loan will enable the company to provide this financing to its suppliers (oilseed crop farmers) with better conditions (term and cost). Complementary to this loan, the IIC will provide direct technical assistance that will benefit a group of agricultural producers (suppliers of grains to ADMSAO) and consist of workshops for farmers on: (i) the current environmental legal framework; (ii) farming techniques that improve farm productivity and profitability; and (iii) better environmental practices on their farms. The IIC’s loan to ADMSAO will be used to fund part of the company’s annual working capital needs, financing the credit it extends to agricultural producers who will supply soybeans and sunflower seeds to ADMSAO. ADMSAO (www.admsao.com) is one of the leading companies in the oilseed industry in Bolivia. It is also the leader in nontraditional exports in Bolivia, winning the excellence in exports prize (Premio de la Excelencia Exportadora) several years in a row. Archer Daniels Midland Company (ADM, www.adm.com), a company based in Decatur, Illinois, USA, is a significant source of financing and technical assistance for farmers in the Santa Cruz department, in addition to being an important buyer of the country’s soybean and sunflower products. The IIC loan will enable the company to provide this financing to its suppliers (oilseed crop farmers) with better conditions (term and cost). Complementary to this loan, the IIC will provide direct technical assistance that will benefit a group of agricultural producers (suppliers of grains to ADMSAO) and consist of workshops for farmers on: (i) the current environmental legal framework; (ii) farming techniques that improve farm productivity and profitability; and (iii) better environmental practices on their farms. IDB Invest ADM-SAO S.A. (“ADMSAO”) IDB Invest Gonzales Fernandez, Ivan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Agribusiness 14000000 14000000 14000000 ADM-SAO S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO-L1097 IDB Invest 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. 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. IDB Invest IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO3623A-01 IDB Invest The proceeds of the loan will be used to provide micro, small, and medium-sized enterprises in Bolivia with financing through eligible loans, pursuant to eligibility criteria to be set by the IIC. The proceeds of the loan will be used to provide micro, small, and medium-sized enterprises in Bolivia with financing through eligible loans, pursuant to eligibility criteria to be set by the IIC. IDB Invest Fundación Sartawi IDB Invest Apel,Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Financial Institutions 500000 500000 500000 Fundación Sartawi Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO-X1010 IDB Invest 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. 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. IDB Invest IDB Invest Vega Montoro, Henry William +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Unspecified 10000000 10000000 10000000 Banco Mercantil Santa Cruz - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO3616A-01 IDB Invest Bolibanana Bolibanana IDB Invest Bolibanana S.R.L. IDB Invest Paredes, Cristina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Agribusiness 200000 200000 200000 Bolibanana Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO-X1009 IDB Invest 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. 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. IDB Invest IDB Invest Londono Torres, Nicolas +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Unspecified 11764000 11764000 11764000 Banco Economico - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO-X1008 IDB Invest 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. 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. IDB Invest IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR-L1083 IDB Invest The proposed financing will contribute to increasing access to mortgage financing for the social housing segment in Costa Rica by supporting the Cooperativa de Ahorro y Crédito de los Servidores Públicos, R.L. (“Coopeservidores”) in its efforts to broaden and deepen the scope of its mortgage lending activities. By partnering with Coopeservidores, the second largest cooperative in the country, the financing leverages on the cooperatives’s reach in Costa Rica, supporting its ongoing efforts to increase its mortgage portfolio among current and new clients. The proposed financing will contribute to increasing access to mortgage financing for the social housing segment in Costa Rica by supporting the Cooperativa de Ahorro y Crédito de los Servidores Públicos, R.L. (“Coopeservidores”) in its efforts to broaden and deepen the scope of its mortgage lending activities. By partnering with Coopeservidores, the second largest cooperative in the country, the financing leverages on the cooperatives’s reach in Costa Rica, supporting its ongoing efforts to increase its mortgage portfolio among current and new clients. IDB Invest Coopeservidores (Cooperativa de Ahorro y Crédito de los Servidores Públicos, R.L.) IDB Invest Joya Silva, Sindy Elena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Social Infrastructure 10000000 10000000 10000000 Coopeservidores Housing Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11577-01 IDB Invest CAFSA IV CAFSA IV IDB Invest CAFSA IDB Invest Joya Silva, Sindy Elena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 4000000 4000000 4000000 CAFSA IV Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR4013A-01 IDB Invest The proceeds from the IIC loan will be used to partially finance the outfitting and implementation of technological equipment and solutions for Costa Rica’s Ministry of Public Education under a public tender that was awarded to the company Componentes El Orbe S.A., to be supplied by the company Ati Capital Solutions S.A. In operation since 2000, Ati is a Costa Rican company that mainly leases, finances, and sells technology solutions. Componentes El Orbe is a company related to Ati but has been in business since 1984 and is part of the Group OB. It distributes and sells IT systems and equipment, including accessories and software, as well as integral solutions, mainly in the IT sector. Both companies complement each other’s core businesses and have participated in many other transactions with the public sector and with private enterprises, with great success. The proceeds from the IIC loan will be used to partially finance the outfitting and implementation of technological equipment and solutions for Costa Rica’s Ministry of Public Education under a public tender that was awarded to the company Componentes El Orbe S.A., to be supplied by the company Ati Capital Solutions S.A. In operation since 2000, Ati is a Costa Rican company that mainly leases, finances, and sells technology solutions. Componentes El Orbe is a company related to Ati but has been in business since 1984 and is part of the Group OB. It distributes and sells IT systems and equipment, including accessories and software, as well as integral solutions, mainly in the IT sector. Both companies complement each other’s core businesses and have participated in many other transactions with the public sector and with private enterprises, with great success. IDB Invest Ati Capital Solutions S.A. (“Ati”) IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Unspecified 2875000 2875000 2875000 ATI-Orbe Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12218-01 IDB Invest The Project aims to finance small and medium-sized enterprises (“SMEs”) through factoring and financial leasing operations in Chile. The proposed operation consists of a credit facility for up to US$60 million, an average duration between two and three years comprised of: (i) An A Loan of up to US$30 million to be financed by the IDB Group; and (ii) a B Loan of up to US$30 million to be financed by participating investors. The project will also enable Tanner to expand the financial services it offers to its clients, diversify its sources of financing, and, at the same time, improve the structure of its assets and liabilities. The Project aims to finance small and medium-sized enterprises (“SMEs”) through factoring and financial leasing operations in Chile. The proposed operation consists of a credit facility for up to US$60 million, an average duration between two and three years comprised of: (i) An A Loan of up to US$30 million to be financed by the IDB Group; and (ii) a B Loan of up to US$30 million to be financed by participating investors. The project will also enable Tanner to expand the financial services it offers to its clients, diversify its sources of financing, and, at the same time, improve the structure of its assets and liabilities. IDB Invest Tanner Servicios Financieros IDB Invest Patti, Lucila Andrea +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 12000000 12000000 12000000 Tanner leasing and factoring SMES Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11988-04 IDB Invest The proposed financing consists of various separate medium-term loans to be granted directly to each of the companies in the Mareauto Group, located in Ecuador, Peru, and Colombia. The objective of these separate loans is to renew and expand the vehicle rental fleet in the indicated countries. The proposed financing consists of various separate medium-term loans to be granted directly to each of the companies in the Mareauto Group, located in Ecuador, Peru, and Colombia. The objective of these separate loans is to renew and expand the vehicle rental fleet in the indicated countries. IDB Invest Mareauto Ecuador IDB Invest Vega Aldana, Mario Andres +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing 5000000 5000000 5000000 MAREAUTO Ecuador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR-L1078 IDB Invest 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. 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. IDB Invest IDB Invest Eskildsen Alfaro, Jan Petter +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Social Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR-L1080 IDB Invest 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. 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. IDB Invest IDB Invest Castro Fonseca, Cristie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR-L1071 IDB Invest 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. 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. IDB Invest IDB Invest Collivadino Salvatierra, Federico +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3998A-01 IDB Invest The proceeds of the IIC loan will be used for working capital. CNR is a Costa Rican company with more than 30 years in business domestically and in Central America representing foreign producers and venders of raw materials and chemical products, which it also imports and distributes. Grupo Pasquí (formerly Grupo Flor de Lis S.A.) is a diversified Costa Rican group of small and medium-sized enterprises that sell telecommunications equipment and industrial raw materials; provide logistics, transportation, warehousing, and air cargo terminal services; generate electricity; represent foreign companies; and distribute consumer goods. The group was established in October 1964, and in 2010, management renamed it Grupo Pasquí for purely commercial purposes. The proceeds of the IIC loan will be used for working capital. CNR is a Costa Rican company with more than 30 years in business domestically and in Central America representing foreign producers and venders of raw materials and chemical products, which it also imports and distributes. Grupo Pasquí (formerly Grupo Flor de Lis S.A.) is a diversified Costa Rican group of small and medium-sized enterprises that sell telecommunications equipment and industrial raw materials; provide logistics, transportation, warehousing, and air cargo terminal services; generate electricity; represent foreign companies; and distribute consumer goods. The group was established in October 1964, and in 2010, management renamed it Grupo Pasquí for purely commercial purposes. IDB Invest Continex Representaciones S.A. (“CNR” or “the company”). A Grupo Pasquí S.A. company. IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Manufacturing 450000 450000 450000 Continex Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3997A-01 IDB Invest The proceeds of the IIC loans will be used for working capital. Almacenadora is a Costa Rican company specializing in bonded and general warehousing services that employ state-of-the-art technology. It has more than 8,000 m2 of warehouse space in excellent physical condition, surrounded by 10,000 m2 and 11,200 m2 of yards, respectively, at two different locations in the Greater Metropolitan Area. The warehouses also have internal racks for greater storage capacity and a barcode localization system that ensures proper management and traceability. Grupo Pasquí (formerly Grupo Flor de Lis S.A.) is a diversified Costa Rican group of small and medium-sized enterprises that sell telecommunications equipment and industrial raw materials; provide logistics, transportation, warehousing, and air cargo terminal services; generate electricity; represent foreign companies; and distribute consumer goods. The group was established in October 1964, and in 2010, management renamed it Grupo Pasquí for purely commercial purposes. The proceeds of the IIC loans will be used for working capital. Almacenadora is a Costa Rican company specializing in bonded and general warehousing services that employ state-of-the-art technology. It has more than 8,000 m2 of warehouse space in excellent physical condition, surrounded by 10,000 m2 and 11,200 m2 of yards, respectively, at two different locations in the Greater Metropolitan Area. The warehouses also have internal racks for greater storage capacity and a barcode localization system that ensures proper management and traceability. Grupo Pasquí (formerly Grupo Flor de Lis S.A.) is a diversified Costa Rican group of small and medium-sized enterprises that sell telecommunications equipment and industrial raw materials; provide logistics, transportation, warehousing, and air cargo terminal services; generate electricity; represent foreign companies; and distribute consumer goods. The group was established in October 1964, and in 2010, management renamed it Grupo Pasquí for purely commercial purposes. IDB Invest Almacenadora S.A. (“Almacenadora” or “the company”), a company of Grupo Pasquí S.A. IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Manufacturing 600000 600000 600000 Almacenadora Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3902A-01 IDB Invest Hidrowarm is a new company that was created to implement the Normandía hydropower plant project. The project consists of designing, building, setting up, and operating a 48.51-MW hydropower plant (including five Pelton turbines) on the Upano River. The project is located 25 km from the city of Macas in the Province of Morona Santiago, in southwestern Ecuador. The purpose of this IIC operation is to provide financing for the development of the aforementioned project. The IIC loan will comprise an A loan and a B loan for a total of up to US$75 million, along with parallel loans, if necessary. The A loan, of up to US$10 million, will be funded by the IIC, and the B loan, and any parallel loans, in the amount of US$65 million, will be funded by participating banks acceptable to Hidrowarm and the IIC. The IIC loan to Hidrowarm will help expand the power pool of the Ecuadorian government’s energy programs by adding energy from renewable sources at competitive rates. This is the fourth IIC loan to companies related to Grupo One Energy, the main shareholder in Hidrowarm. The first and second IIC loans to this group, approved in 2005, totaled US$7 million and were provided to Hidroabanico S.A., a hydroelectric power plant with a capacity of 38 MW that is currently operational. In 2013, a third IIC loan in the amount of US$10 million was provided to Hidrosanbartolo, a hydroelectric power plant with a capacity of 48 MW that came online in 2015. Hidrowarm is a new company that was created to implement the Normandía hydropower plant project. The project consists of designing, building, setting up, and operating a 48.51-MW hydropower plant (including five Pelton turbines) on the Upano River. The project is located 25 km from the city of Macas in the Province of Morona Santiago, in southwestern Ecuador. The purpose of this IIC operation is to provide financing for the development of the aforementioned project. The IIC loan will comprise an A loan and a B loan for a total of up to US$75 million, along with parallel loans, if necessary. The A loan, of up to US$10 million, will be funded by the IIC, and the B loan, and any parallel loans, in the amount of US$65 million, will be funded by participating banks acceptable to Hidrowarm and the IIC. The IIC loan to Hidrowarm will help expand the power pool of the Ecuadorian government’s energy programs by adding energy from renewable sources at competitive rates. This is the fourth IIC loan to companies related to Grupo One Energy, the main shareholder in Hidrowarm. The first and second IIC loans to this group, approved in 2005, totaled US$7 million and were provided to Hidroabanico S.A., a hydroelectric power plant with a capacity of 38 MW that is currently operational. In 2013, a third IIC loan in the amount of US$10 million was provided to Hidrosanbartolo, a hydroelectric power plant with a capacity of 48 MW that came online in 2015. IDB Invest Hidrowarm S.A. (“Hidrowarm”) IDB Invest Pied, Lucie Juanita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Energy 10000000 10000000 10000000 Hidrowarm Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3976A-02 IDB Invest Founded in September 1970 in the province of Cartago, MUCAP is well established in Costa Rica’s financial system. MUCAP is now the second largest mutual savings bank in Costa Rica. As a company authorized by the Banco Hipotecario de Vivienda, MUCAP is overseen by the regulatory bodies of the Costa Rican financial market. MUCAP has 33 locations in seven provinces and offers its clients an extensive portfolio of products including loans to purchase, build, or repair homes, loans to small and medium-sized enterprises, and consumer loans. The company also offers its clients attractive savings and investment products. The goal of this IIC operation is to provide long-term financing to MUCAP so that, in turn, it can provide financing for low-income housing and to micro, small, and medium-sized enterprises throughout Costa Rica. Founded in September 1970 in the province of Cartago, MUCAP is well established in Costa Rica’s financial system. MUCAP is now the second largest mutual savings bank in Costa Rica. As a company authorized by the Banco Hipotecario de Vivienda, MUCAP is overseen by the regulatory bodies of the Costa Rican financial market. MUCAP has 33 locations in seven provinces and offers its clients an extensive portfolio of products including loans to purchase, build, or repair homes, loans to small and medium-sized enterprises, and consumer loans. The company also offers its clients attractive savings and investment products. The goal of this IIC operation is to provide long-term financing to MUCAP so that, in turn, it can provide financing for low-income housing and to micro, small, and medium-sized enterprises throughout Costa Rica. IDB Invest Mutual Cartago de Ahorro y Préstamo (MUCAP) IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 3000000 3000000 3000000 MUCAP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR-X1015 IDB Invest 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. 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. IDB Invest IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3914A-01 IDB Invest The funds will go toward financing for small and medium-sized enterprises in Ecuador in the form of medium- and long-term loans for modernizing and/or expanding these companies or for working capital. The Bank was founded in Quito in 1973. As of June 2015, Banco Internacional held assets worth US$2.7 billion and held an 8.5% market share by assets. The Bank serves the entire country, with 87 service points and a presence in 17 provinces and 28 cities in the coastal, mountain, and Amazonian regions. It has 1,200 employees and a network of more than 350 ATMs. As of the end of 2014, it had 500,000 clients. The Bank’s portfolio breakdown as of June 2015 was as follows: 80% corporate lending; 16% consumer lending; and 4% mortgage lending. The funds will go toward financing for small and medium-sized enterprises in Ecuador in the form of medium- and long-term loans for modernizing and/or expanding these companies or for working capital. The Bank was founded in Quito in 1973. As of June 2015, Banco Internacional held assets worth US$2.7 billion and held an 8.5% market share by assets. The Bank serves the entire country, with 87 service points and a presence in 17 provinces and 28 cities in the coastal, mountain, and Amazonian regions. It has 1,200 employees and a network of more than 350 ATMs. As of the end of 2014, it had 500,000 clients. The Bank’s portfolio breakdown as of June 2015 was as follows: 80% corporate lending; 16% consumer lending; and 4% mortgage lending. IDB Invest Banco Internacional S.A. (“the Bank”) IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 6000000 6000000 6000000 Banco Internacional de Ecuador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU3781A-02 IDB Invest The proceeds will go to fund small and medium-sized enterprises (SMEs) in Guatemala with medium- and long-term loans aimed at modernizing and/or expanding these enterprises. InterBanco was founded in 1975 by Grupo Fierro. Toward the end of 2012, the bank changed its image and changed its commercial name to InterBanco. The new strategy seeks to turn InterBanco into a medium-sized bank in Guatemala that provides high-quality services. The bank has 59 branches in the country. The proceeds will go to fund small and medium-sized enterprises (SMEs) in Guatemala with medium- and long-term loans aimed at modernizing and/or expanding these enterprises. InterBanco was founded in 1975 by Grupo Fierro. Toward the end of 2012, the bank changed its image and changed its commercial name to InterBanco. The new strategy seeks to turn InterBanco into a medium-sized bank in Guatemala that provides high-quality services. The bank has 59 branches in the country. IDB Invest Banco Internacional, S.A. ("InterBanco") IDB Invest Espinoza Diaz, Jose Alejandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Financial Institutions 5000000 5000000 5000000 Banco Internacional, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC-L1150 IDB Invest 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. 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. IDB Invest IDB Invest Mera Pacheco, Gabriela +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3099A-05 IDB Invest The Inter-American Investment Corporation (IIC) approved an A/B loan of up to US$45 million to Banco ProCredit Ecuador to finance eligible micro-, small-, and medium-sized enterprises in Ecuador and to enable these companies to meet their fixed asset purchase needs and working capital requirements. The Inter-American Investment Corporation (IIC) approved an A/B loan of up to US$45 million to Banco ProCredit Ecuador to finance eligible micro-, small-, and medium-sized enterprises in Ecuador and to enable these companies to meet their fixed asset purchase needs and working capital requirements. IDB Invest Banco Procredit, S.A IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 5000000 5000000 5000000 Procredit Ecuador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU3764A-02 IDB Invest The project consists of a loan to Fidosa. The objective of this IIC operation is to support Fidosa’s efforts to increase its lending to small- and medium-sized enterprises in Guatemala for medium-term projects. Fidosa is a Guatemalan financial institution founded in 1991. It focuses on placing trust, mortgage, and pledge loans with terms of more than three years. It has solid and well-regarded experience managing trusts, private pension funds, real estate projects, and other investment types that require specialized financial services. It also has well-regarded experience in investment banking, including debt and equity restructuring, feasibility studies, business valuation, securitizations, and business strategy consulting. Fidosa is part of the Grupo Financiero de Occidente, a Guatemalan-owned group with which the IIC has had a business relationship for 15 years. The project consists of a loan to Fidosa. The objective of this IIC operation is to support Fidosa’s efforts to increase its lending to small- and medium-sized enterprises in Guatemala for medium-term projects. Fidosa is a Guatemalan financial institution founded in 1991. It focuses on placing trust, mortgage, and pledge loans with terms of more than three years. It has solid and well-regarded experience managing trusts, private pension funds, real estate projects, and other investment types that require specialized financial services. It also has well-regarded experience in investment banking, including debt and equity restructuring, feasibility studies, business valuation, securitizations, and business strategy consulting. Fidosa is part of the Grupo Financiero de Occidente, a Guatemalan-owned group with which the IIC has had a business relationship for 15 years. IDB Invest Financiera de Occidente S.A. (“Fidosa”) IDB Invest Landaeta Menahem, Monica +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Financial Institutions 6000000 6000000 6000000 Financiera de Occidente S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3934A-01 IDB Invest The IIC is considering a Credit Facility (hereinafter, the “Facility”) for Avenatop of up to US$5 million, for a term of one (1) year, renewable up to 5 times more, at the IIC’s discretion, to finance operating needs of seasonal funds. Avenatop, a company established in Chile in 2009, produces, locally markets and exports oat by-products: oat kernels (8%) oat hull (27%) and groat (whole uncooked grain with germ) (65%). Avenatop purchases oat from more than 600 farmers, processes and exports it mainly to companies located in 5 Latin American countries, including, among others, Quaker Oats, Frito Lay, Prodicereal. Avenatop requires funding for the cycle starting from paying farmers for their harvest up to receiving payment from their clients, approximately 300 days. The Facility provides financing to an extended value chain. Farmers purchase the oat seeds and other agricultural goods from Saprosem S.A, an Avenatop affiliate that provides them with financing until harvest time under a supply agreement entered into with Avenatop. Farmers benefit from working with Avenatop since from the moment they subscribe a supply agreement with the company, they can fix the price, mitigating volatility. Avenatop can agree and close on pricing, given the broad network of clients it has, and which is interested in ensure supply. Avenatop mitigates supply risks by purchasing up to 75% of any farmer´s estimated harvest. The IIC is considering a Credit Facility (hereinafter, the “Facility”) for Avenatop of up to US$5 million, for a term of one (1) year, renewable up to 5 times more, at the IIC’s discretion, to finance operating needs of seasonal funds. Avenatop, a company established in Chile in 2009, produces, locally markets and exports oat by-products: oat kernels (8%) oat hull (27%) and groat (whole uncooked grain with germ) (65%). Avenatop purchases oat from more than 600 farmers, processes and exports it mainly to companies located in 5 Latin American countries, including, among others, Quaker Oats, Frito Lay, Prodicereal. Avenatop requires funding for the cycle starting from paying farmers for their harvest up to receiving payment from their clients, approximately 300 days. The Facility provides financing to an extended value chain. Farmers purchase the oat seeds and other agricultural goods from Saprosem S.A, an Avenatop affiliate that provides them with financing until harvest time under a supply agreement entered into with Avenatop. Farmers benefit from working with Avenatop since from the moment they subscribe a supply agreement with the company, they can fix the price, mitigating volatility. Avenatop can agree and close on pricing, given the broad network of clients it has, and which is interested in ensure supply. Avenatop mitigates supply risks by purchasing up to 75% of any farmer´s estimated harvest. IDB Invest Avenatop S.A. (“Avenatop”) IDB Invest Aftalion, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Agribusiness 5000000 5000000 5000000 AVENATOP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU-L1081 IDB Invest 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. 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. IDB Invest IDB Invest Espinoza Diaz, Jose Alejandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11934-02 IDB Invest Carifresh III Carifresh III IDB Invest Carifresh S.A. IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Haiti Haiti Agribusiness 160000 160000 160000 Carifresh III Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH2962A-04 IDB Invest Tanner was founded in 1993 under the name Bifactoring by the main shareholders of what was at the time called Banco BHIF (the Said y Massu Group). In 2013, the Capital Group acquired a 27 percent stake in Tanner. Tanner is one of the oldest factoring companies in Chile. Tanner currently offers small and medium-sized enterprises (SMEs) a comprehensive portfolio of financial services through subsidiaries Tanner Leasing S.A. (99.99%), Tanner Corredores de Seguros Ltda. (70%), and Tanner Corredores de Bolsa de Productos S.A. (100%). Tanner's main lines of business are domestic and international factoring, vehicle loans, leasing, and business loans. The funds from the IIC will be used to support the growth of Chile’s portfolio of factoring and leasing to SMEs. Tanner was founded in 1993 under the name Bifactoring by the main shareholders of what was at the time called Banco BHIF (the Said y Massu Group). In 2013, the Capital Group acquired a 27 percent stake in Tanner. Tanner is one of the oldest factoring companies in Chile. Tanner currently offers small and medium-sized enterprises (SMEs) a comprehensive portfolio of financial services through subsidiaries Tanner Leasing S.A. (99.99%), Tanner Corredores de Seguros Ltda. (70%), and Tanner Corredores de Bolsa de Productos S.A. (100%). Tanner's main lines of business are domestic and international factoring, vehicle loans, leasing, and business loans. The funds from the IIC will be used to support the growth of Chile’s portfolio of factoring and leasing to SMEs. IDB Invest Tanner Servicios Financieros S.A. (“Tanner”) IDB Invest Patti, Lucila Andrea +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 20000000 20000000 20000000 Tanner (Factorline IV) Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HA2782A-01 IDB Invest JAJ Depot et Gravel (“JAJ”) is a successful Haitian SME company (Small and Medium Size) that started operations in the area of Cayes Jacmel in 2004. The company has evolved from a whole sale distribution company in the south of Haiti to a producer and sellers of aggregate construction materials with operations in Leogane and the outskirts of Port-au-Prince in addition to the Jacmel operations. Today, JAJ’s main business is production and selling of aggregates materials for the construction industry with operation at two sites (Pernier and Leogan) which represents about 70% of sales. The second business unit is the wholesale and retails of consumer goods (i.e. edible oil, rice, soup and others) in the Cayes Jacmel area. JAJ will use the proceeds of the IIC loan to purchase equipment, finance working capital (i.e. inventory and account receivable), and to relocate operations at Pernier location, near the Grise river, to a higher ground. In addition to the medium term loan to finance its operations, JAJ Depot will benefit from the relationship with the IIC in strengthening its practices in areas of environmental, safety, social and labor management as well as consolidating its internal controls including external auditor for reporting financial statements. JAJ Depot et Gravel (“JAJ”) is a successful Haitian SME company (Small and Medium Size) that started operations in the area of Cayes Jacmel in 2004. The company has evolved from a whole sale distribution company in the south of Haiti to a producer and sellers of aggregate construction materials with operations in Leogane and the outskirts of Port-au-Prince in addition to the Jacmel operations. Today, JAJ’s main business is production and selling of aggregates materials for the construction industry with operation at two sites (Pernier and Leogan) which represents about 70% of sales. The second business unit is the wholesale and retails of consumer goods (i.e. edible oil, rice, soup and others) in the Cayes Jacmel area. JAJ will use the proceeds of the IIC loan to purchase equipment, finance working capital (i.e. inventory and account receivable), and to relocate operations at Pernier location, near the Grise river, to a higher ground. In addition to the medium term loan to finance its operations, JAJ Depot will benefit from the relationship with the IIC in strengthening its practices in areas of environmental, safety, social and labor management as well as consolidating its internal controls including external auditor for reporting financial statements. IDB Invest JAJ Depot et Gravel IDB Invest Secco Viana, Juan Cruz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Haiti Haiti Social Infrastructure 1000000 1000000 1000000 JAJ Depot et Gravel Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU3798A-01 IDB Invest GSA is a Guatemalan company created in 2012 for the development, construction and operation of a run-of-river hydropower project with an estimated capacity of 10.65 MW, located in the municipality of Ixquisis, Department of Huehuetenango, Guatemala. The project will use the waters of the Primavera, Varsovia, and Palmira rivers, and it is expected it will generate around 44,300 MWh annually, using two Francis Turbines of 5 MW each and a Micro Crossflow Turbine of 0.2 MW. IIC funding will be used for the construction of the project. GSA is a Guatemalan company created in 2012 for the development, construction and operation of a run-of-river hydropower project with an estimated capacity of 10.65 MW, located in the municipality of Ixquisis, Department of Huehuetenango, Guatemala. The project will use the waters of the Primavera, Varsovia, and Palmira rivers, and it is expected it will generate around 44,300 MWh annually, using two Francis Turbines of 5 MW each and a Micro Crossflow Turbine of 0.2 MW. IIC funding will be used for the construction of the project. IDB Invest Generadora San Andres S.A. (“GSA”) IDB Invest Donelli, Marcelo Henrique +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Energy 6000000 6000000 6000000 Generadora San Andrés S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HA2787A-01 IDB Invest The Inter-American Investment Corporation (IIC) approved a $500,000 loan to FINCA's subsidiary in Haiti that will benefit low-income rural owners of micro and small enterprises in Haiti working in a variety of productive sectors, by generating direct and indirect employment and improving the financial structure of their small companies. The Inter-American Investment Corporation (IIC) approved a $500,000 loan to FINCA's subsidiary in Haiti that will benefit low-income rural owners of micro and small enterprises in Haiti working in a variety of productive sectors, by generating direct and indirect employment and improving the financial structure of their small companies. IDB Invest FINCA Haiti S.A. IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Haiti Haiti Financial Institutions 500000 500000 500000 FINCA Haiti S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU3794A-01 IDB Invest GSM is a Guatemalan company created in 2012 for the development, construction and operation of a run-of-river hydropower project with an estimated capacity of 20 MW, located in the municipality of Ixquisis, Department of Huehuetenango, Guatemala. The project will use the waters of the Negro and Pojom rivers, and it is expected it will generate around 120,087 MWh annually, using two Pelton Turbines of 10 MW each. IIC funding will be used for the construction of the project. GSM is a Guatemalan company created in 2012 for the development, construction and operation of a run-of-river hydropower project with an estimated capacity of 20 MW, located in the municipality of Ixquisis, Department of Huehuetenango, Guatemala. The project will use the waters of the Negro and Pojom rivers, and it is expected it will generate around 120,087 MWh annually, using two Pelton Turbines of 10 MW each. IIC funding will be used for the construction of the project. IDB Invest Generadora San Mateo S.A. (“GSM”) IDB Invest Donelli, Marcelo Henrique +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Energy 7000000 7000000 7000000 Generadora San Mateo S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HA2773A-01 IDB Invest WINECO is a liquid terminal that provides intake from vessels, storage and distribution by trucks or pipeline of bulk liquids ranging from petroleum products to industrial chemicals and edible cooking oils. WINECO is the largest petroleum and liquid bulk storage and handling facility in Haiti, with storage capacity of approximately 1 million barrels, spread over 22 tanks located adjacent to the port facilities owned by Terminal Vareaux S.A., (“TEVASA”), a related company. TEVASA and WINECO are companies of the Wingroup (www.wingrouponline.com) owned by the Mevs family. TEVASA and WINECO have been in operations since 1990s. The Wingroup is a Haitian conglomerate with stakes in diverse industries such as warehousing, storage, port operations, cement distribution and commercial and residential real estate. The IIC loan will be funded by an A Loan of up US$3 million from IIC’s own resources and a B loan of up to US$3 million from a bank participant. The IIC loan will be used for capital investments for a new pier to increase draft to about 14 meters, increase of storage capacity, and for other investments related to safety and operational efficiency. With this project investment, WINECO will increase capacity to handle liquids and oils related products and will modernize its facilities. The IIC with this loan will help to expand and maintain key business infrastructure to support future demand of basic raw materials for the Haitian economy. WINECO is a liquid terminal that provides intake from vessels, storage and distribution by trucks or pipeline of bulk liquids ranging from petroleum products to industrial chemicals and edible cooking oils. WINECO is the largest petroleum and liquid bulk storage and handling facility in Haiti, with storage capacity of approximately 1 million barrels, spread over 22 tanks located adjacent to the port facilities owned by Terminal Vareaux S.A., (“TEVASA”), a related company. TEVASA and WINECO are companies of the Wingroup (www.wingrouponline.com) owned by the Mevs family. TEVASA and WINECO have been in operations since 1990s. The Wingroup is a Haitian conglomerate with stakes in diverse industries such as warehousing, storage, port operations, cement distribution and commercial and residential real estate. The IIC loan will be funded by an A Loan of up US$3 million from IIC’s own resources and a B loan of up to US$3 million from a bank participant. The IIC loan will be used for capital investments for a new pier to increase draft to about 14 meters, increase of storage capacity, and for other investments related to safety and operational efficiency. With this project investment, WINECO will increase capacity to handle liquids and oils related products and will modernize its facilities. The IIC with this loan will help to expand and maintain key business infrastructure to support future demand of basic raw materials for the Haitian economy. IDB Invest West Indies Energy Company S.A. (“WINECO”) IDB Invest Pied, Lucie Juanita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Haiti Haiti Transport 3800000 3800000 3800000 West Indies Energy Company S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH-L1079 IDB Invest 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. 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. IDB Invest IDB Invest Robberechts, Elizabeth M. +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HA-L1069 IDB Invest 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. 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. IDB Invest IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Haiti Haiti Manufacturing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH-L1092 IDB Invest 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. 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. IDB Invest IDB Invest Leighton, Robert Bruce +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HA-L1063 IDB Invest 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. 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. IDB Invest N/A IDB Invest Secco Viana, Juan Cruz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Haiti Haiti Manufacturing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH-X1012 IDB Invest 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. 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. IDB Invest IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU-L1079 IDB Invest 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. 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. IDB Invest IDB Invest Espinoza Diaz, Jose Alejandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU-L1067 IDB Invest 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. 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. IDB Invest IDB Invest Espinoza Diaz, Jose Alejandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3919A-01 IDB Invest Operating in Chile since 1998, Eurocapital S.A. engages in recourse factoring operations, purchasing invoices, bills of exchange, checks, contracts, promissory notes, and other instruments issued by small and medium-sized enterprises (SMEs) in the course of their operations. The proposed project consists of a loan of up to US$10 million. This IIC loan will enable Eurocapital to carry out factoring operations denominated in or indexed to the U.S. dollar, primarily involving sales of exports by SMEs that meet the IIC’s eligibility criteria. Eurocapital has a 3.2% share of the local factoring market and 20 branch offices throughout Chile, including its parent company. Operating in Chile since 1998, Eurocapital S.A. engages in recourse factoring operations, purchasing invoices, bills of exchange, checks, contracts, promissory notes, and other instruments issued by small and medium-sized enterprises (SMEs) in the course of their operations. The proposed project consists of a loan of up to US$10 million. This IIC loan will enable Eurocapital to carry out factoring operations denominated in or indexed to the U.S. dollar, primarily involving sales of exports by SMEs that meet the IIC’s eligibility criteria. Eurocapital has a 3.2% share of the local factoring market and 20 branch offices throughout Chile, including its parent company. IDB Invest Eurocapital S.A. IDB Invest Patti, Lucila Andrea +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 19000000 19000000 19000000 Eurocapital S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HA2764A-01 IDB Invest The IIC approved a loan of US$160,000 for Carifresh S.A., a Haitian company whose exports include mangoes and corn. The loan will enable the company to expand its agricultural operations and make improvements to its processing plant. Carifresh is currently expanding its product line to include sweet and hot pepper products for export. The IIC approved a loan of US$160,000 for Carifresh S.A., a Haitian company whose exports include mangoes and corn. The loan will enable the company to expand its agricultural operations and make improvements to its processing plant. Carifresh is currently expanding its product line to include sweet and hot pepper products for export. IDB Invest Carifresh S.A. IDB Invest Mayorga Delgadillo, Luisa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Haiti Haiti Agribusiness 160000 160000 160000 Carifresh II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU3785A-01 IDB Invest Italpiel, S.A. Italpiel, S.A. IDB Invest IDB Invest Mazariegos, Anayansi +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Manufacturing 400000 400000 400000 Italpiel, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU-L1066 IDB Invest 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. 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. IDB Invest IDB Invest Castro Fonseca, Cristie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Unspecified 1000000 1000000 1000000 Banco Promerica Guatemala -TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HA2757A-01 IDB Invest Art can literally save lives, and employees of Caribbean Craft believe that it can also help save a nation. The company employs 300 Haitian artisans to produce carnival masks, sculptures, and paintings for export. The 2010 earthquake destroyed its only studio, but owner Magalie Dresse has not lost heart. Right now, Caribbean Craft’s artisans are working out of tents, turning recycled materials into folk art. However, the company’s small IIC loan will enable it to build a permanent studio and steel structure warehouse facility. According to Dresse, things can always change for the better and, thanks to foreign demand and aid, her company could be adding a thousand new artisans to its design team. Art can literally save lives, and employees of Caribbean Craft believe that it can also help save a nation. The company employs 300 Haitian artisans to produce carnival masks, sculptures, and paintings for export. The 2010 earthquake destroyed its only studio, but owner Magalie Dresse has not lost heart. Right now, Caribbean Craft’s artisans are working out of tents, turning recycled materials into folk art. However, the company’s small IIC loan will enable it to build a permanent studio and steel structure warehouse facility. According to Dresse, things can always change for the better and, thanks to foreign demand and aid, her company could be adding a thousand new artisans to its design team. IDB Invest Caribbean Craft IDB Invest Mayorga Delgadillo, Luisa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Haiti Haiti Manufacturing 100000 100000 100000 Caribbean Craft Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-JA-L1054 IDB Invest 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. 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. IDB Invest IDB Invest Biosca, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Transport Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3751A-03 IDB Invest The Inter-American Investment Corporation (IIC) has approved a loan of up to US$10 million to Factotal S.A. This operation will provide support to the Chilean SME sector in the form of factoring transactions, financial leases, and operating leases. Factotal S.A. was founded in 1993 as one of the pioneering institutions in Chile’s factoring sector. In 2004, in order to diversify its line of products and services, it began offering financial leasing services. Later, in 2011, it launched a financial and operating leasing business for technology equipment through a subsidiary, FT Vendor. The proposed project consists of a loan of up to US$10 million. The IIC Loan will be used to finance Eligible Enterprises, based on the eligibility criteria established by the IIC, through factoring, financial leasing, and operating leasing projects. Factotal has a 1.8% share of the local factoring market and a 0.4% share of the financial leasing market. The Inter-American Investment Corporation (IIC) has approved a loan of up to US$10 million to Factotal S.A. This operation will provide support to the Chilean SME sector in the form of factoring transactions, financial leases, and operating leases. Factotal S.A. was founded in 1993 as one of the pioneering institutions in Chile’s factoring sector. In 2004, in order to diversify its line of products and services, it began offering financial leasing services. Later, in 2011, it launched a financial and operating leasing business for technology equipment through a subsidiary, FT Vendor. The proposed project consists of a loan of up to US$10 million. The IIC Loan will be used to finance Eligible Enterprises, based on the eligibility criteria established by the IIC, through factoring, financial leasing, and operating leasing projects. Factotal has a 1.8% share of the local factoring market and a 0.4% share of the financial leasing market. IDB Invest IDB Invest Rey Marino, Federico Alfredo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Digital Economy 10000000 10000000 10000000 Factotal S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-JA-X1009 IDB Invest 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. 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. IDB Invest IDB Invest Castro Fonseca, Cristie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Unspecified 25000000 25000000 25000000 National Commercial Bank Jamaica Ltd TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-JA-L1045 IDB Invest 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. 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. IDB Invest IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Tourism Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-JA3383A-01 IDB Invest Marlin Jam is a company engaged in the marketing and distribution of fuel (diesel, gasoline, kerosene, fuel oil, jet fuel, and lubricants) and liquefied petroleum gas (LPG). The objective of this IIC project is to provide Marlin Jam with the financing it needs to acquire the assets of CCS through the purchase of its shares. The seller of the shares would be Chevron Latin America Holding Limited, a company established under the laws of Bermuda. For this transaction, the investment would be made jointly with Grupo Bigio—a partner the IIC supported during the acquisition of Dinasa, the latter of which has been an IIC client since 2010—and Grupo Martí of the Dominican Republic. Formerly Haiti’s second leading fuel distribution company; Grupo Bigio has made Dinasa the industry leader in all product lines and market segments. Marlin Jam is a company engaged in the marketing and distribution of fuel (diesel, gasoline, kerosene, fuel oil, jet fuel, and lubricants) and liquefied petroleum gas (LPG). The objective of this IIC project is to provide Marlin Jam with the financing it needs to acquire the assets of CCS through the purchase of its shares. The seller of the shares would be Chevron Latin America Holding Limited, a company established under the laws of Bermuda. For this transaction, the investment would be made jointly with Grupo Bigio—a partner the IIC supported during the acquisition of Dinasa, the latter of which has been an IIC client since 2010—and Grupo Martí of the Dominican Republic. Formerly Haiti’s second leading fuel distribution company; Grupo Bigio has made Dinasa the industry leader in all product lines and market segments. IDB Invest Chevron Caribbean SRL (“CCS”) IDB Invest Ciurlizza, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Manufacturing 3500000 3500000 3500000 Gulfstream Petroleum Jamaica S. de R.L. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN-L1123 IDB Invest The Costa Norte Power Generation Project (the Project), located in the Province of Colón around 80 km northwest of Panama City, consists of the design, construction, and operation of i) an 180,000 m3 liquid natural gas (LNG) storage tank; ii) a regasification facility; iii) a 381MW net combined cycle gas-fired power plant; and iv) a 230 kW transmission line of approximately 17 km connected to the National Interconnected System. The estimated total cost of the Project is up to US$900 million, and it will supply approximately 3,000 GWh of electricity annually. The regasification facility will include a jetty and pipeline for transferring the LNG from tankers to the storage tank. The power plant will be the regasification terminal anchor client, absorbing around 25% of the total terminal capacity. The project has secured an LNG contract from an international supplier who will provide LNG to the project with full-size tankers (~155.000 m3). The liquid gas will be stored in a tank and, through a physical process, converted to a gas state for use in the power plant. The Project will include three 10-year fuel supply agreements. The project, which will contribute to building a more dependable and clean energy matrix in Panama, is expected to have the following development outcomes: i) increase the base load energy available to the national grid by 381MW; ii) expand the participation of natural gas in the Panamanian energy matrix in lieu of other fossil fuels; iii) increase the LNG supply in Panama; iv) enable more efficient use of intermittent sources of renewable energy; v) create direct and indirect jobs; and vi) potentially reduce overall greenhouse gas emissions. The Costa Norte Power Generation Project (the Project), located in the Province of Colón around 80 km northwest of Panama City, consists of the design, construction, and operation of i) an 180,000 m3 liquid natural gas (LNG) storage tank; ii) a regasification facility; iii) a 381MW net combined cycle gas-fired power plant; and iv) a 230 kW transmission line of approximately 17 km connected to the National Interconnected System. The estimated total cost of the Project is up to US$900 million, and it will supply approximately 3,000 GWh of electricity annually. The regasification facility will include a jetty and pipeline for transferring the LNG from tankers to the storage tank. The power plant will be the regasification terminal anchor client, absorbing around 25% of the total terminal capacity. The project has secured an LNG contract from an international supplier who will provide LNG to the project with full-size tankers (~155.000 m3). The liquid gas will be stored in a tank and, through a physical process, converted to a gas state for use in the power plant. The Project will include three 10-year fuel supply agreements. The project, which will contribute to building a more dependable and clean energy matrix in Panama, is expected to have the following development outcomes: i) increase the base load energy available to the national grid by 381MW; ii) expand the participation of natural gas in the Panamanian energy matrix in lieu of other fossil fuels; iii) increase the LNG supply in Panama; iv) enable more efficient use of intermittent sources of renewable energy; v) create direct and indirect jobs; and vi) potentially reduce overall greenhouse gas emissions. IDB Invest Gas Natural Atlántico S. de R.L. and Costa Norte LNG Terminal S. de R.L. IDB Invest Blakely, Brian +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Energy 16000000 16000000 16000000 Costa Norte Gas-fired Thermal Power Plant and LNG Terminal Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-JA3388A-01 IDB Invest Seawind is the owner of the Secrets St. James and Secrets Wild Orchid hotels, two adjacent buildings offering different tourism concepts with 350 rooms each, and located on one of the best beaches in Montego Bay, Jamaica. The total investment cost of the project is US$184 million. The hotel is in its second year of operations. Its success will promote future growth, investment, and development of the tourism sector in Jamaica. Seawind’s shareholders include successful and experienced Spanish and Latin American investors and the hotels are operated by AMResorts. This is each group’s first investment in Jamaican tourism. The proposed IIC loan will complete Seawind’s financing plan, diversify its funding and provide an adequate, long-term capital structure. Seawind is the owner of the Secrets St. James and Secrets Wild Orchid hotels, two adjacent buildings offering different tourism concepts with 350 rooms each, and located on one of the best beaches in Montego Bay, Jamaica. The total investment cost of the project is US$184 million. The hotel is in its second year of operations. Its success will promote future growth, investment, and development of the tourism sector in Jamaica. Seawind’s shareholders include successful and experienced Spanish and Latin American investors and the hotels are operated by AMResorts. This is each group’s first investment in Jamaican tourism. The proposed IIC loan will complete Seawind’s financing plan, diversify its funding and provide an adequate, long-term capital structure. IDB Invest Seawind Key Investment Limited (“Seawind”) IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Tourism 8000000 8000000 8000000 Seawind Key Investments Ltd. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11894-02 IDB Invest Project Name: Guanajuato Solar PV Project Borrowers: FV Mexsolar I, S.A.P.I. de C.V.; FV Mexsolar II, S.A.P.I. de C.V.; Sponsoring Entity: (if any) X-ELIO Energy, S.L. Financing Requested: Approximately US$45,347,000 Project Location: Los Rodriguez, San Miguel de Allende (Guanajuato) The Guanajuato Solar PV Project (the “Project”) consists of the design, construction, commissioning and operation of a solar photovoltaic plants with a capacity of 70.35 MWp that will connect to the Mexican Comisión Federal de Electricidad (“CFE”) national grid system; and all associated transmission and interconnection facilities. The Project is being developed by X-ELIO Energy, S.L. (the “Sponsor”), in Los Rodriguez, San Miguel de Allende (Guanajuato) in Mexico. The total project cost is approximately USD 62,690,000. The financial plan is expected to include Inter-American Investment Corporation (“IIC”) and Inter-American Development Bank (“IDB”) loans and co-loans from the China Co-Financing Fund for Latin America and the Caribbean (“China Fund”), the Canadian Climate Fund for the Private Sector in the Americas (“C2F”) and the Instituto Credito Oficial (“ICO”), with 20-year door to door tenors, while a commercial bank tranche which will have a 16-year tenor. The Project was awarded a long-term (Energy & Capacity 15-yrs; CELs 20-yrs) Power Purchase Agreement (“PPA”) by the Mexican Federal Electricity Agency, Centro Nacional de Control de Energía (“CENACE”) in the 2nd Mexican Power Auction (“Subasta de Largo Plazo or “SLP 01/2016”) in September 2016. The plant will reach commercial operations date (“COD”) as per the PPA offer in June 2018. The PPA was signed with CFE, a BBB+ rated institution that has the implicit backing of the Government of Mexico (“GoM”). The Project will contribute to the GoM’s objectives of diversifying its electricity matrix, by delivering clean, PV solar energy and supporting the push to create a wholesale electricity market, while reducing the country’s dependency on thermal energy, as Mexico’s goal is for clean energy sources to provide 50% of the nation’s electricity generation mix by 2050. Project Name: Xoxocotla Solar PV Project Borrowers: X-Elio FV Xoxocolta, S.A.P.I de C.V. Sponsoring Entity: (if any) X-ELIO Energy, S.L. Financing Requested: Approximately US$ 44,071,000 Project Location: Xoxocotla, Ayala (Morelos) The Xoxocotla Solar PV Project (the “Project”) consists of the design, construction, commissioning and operation of a solar photovoltaic plants with a capacity of 81.40 MWp that will connect to the Mexican Comisión Federal de Electricidad (“CFE”) national grid system; and all associated transmission and interconnection facilities. The Project is being developed by X-ELIO Energy, S.L. (the “Sponsor”), in Xoxocotla (Morelos)in Mexico. The total project cost is approximately USD 65,882,000. The financial plan is expected to include Inter-American Investment Corporation (“IIC”) and Inter-American Development Bank (“IDB”) loans and co-loans from the China Co-Financing Fund for Latin America and the Caribbean (“China Fund”), the Canadian Climate Fund for the Private Sector in the Americas (“C2F”) and the Instituto Credito Oficial (“ICO”), with 20-year door to door tenors, and a commercial bank loan with a 16 year tenor. The Project was awarded a long-term (Energy & Capacity 15-yrs; CELs 20-yrs) Power Purchase Agreement (“PPA”) by the Mexican Federal Electricity Agency, Centro Nacional de Control de Energia (“CENACE”) in the 2nd Power Auction (“Subasta de Largo Plazo or “SLP 01/2016”) in September 2016. The plant will reach commercial operations date (“COD”) as per the PPA offer in June 2019. The PPA was signed with the CFE, a BBB+ rated institution that has the implicit backing of the Government of Mexico (“GoM”). The Project will contribute to the GoM’s objectives of diversifying its electricity matrix, by delivering clean, PV solar energy and supporting the push to create a wholesale electricity market, while reducing the country’s dependency on thermal energy, as Mexico’s goal is for clean energy sources to provide 50% of the nation’s electricity generation mix by 2050. Project Name: Conejos - Terranova Solar PV Project Borrowers: Conejos Médanos S.A.P.I de C.V Sponsoring Entity: (if any) X-ELIO Energy, S.L. Financing Requested: Approximately US$49,927,000 Project Location: Municipality of Juarez, Chihuahua State, Mexico The Conejos - Terranova Solar PV Project (the “Project”) consists of the design, construction, commissioning and operation of a solar photovoltaic plants with a capacity of 93.71 MWp that will connect to the Mexican Comisión Federal de Electricidad (“CFE”) national grid system; and all associated transmission and interconnection facilities. The Project is being developed by X-ELIO Energy, S.L. (the “Sponsor”), in Ascension, Suarez (Chihuahua) in Mexico. The total project cost is approximately USD 74,651,000. The financial plan is expected to include Inter-American Investment Corporation (“IIC”) and Inter-American Development Bank (“IDB”) loans and co-loans from the China Co-Financing Fund for Latin America and the Caribbean (¨China Fund¨), the Canadian Climate Fund for the Private Sector in the Americas (¨C2F¨) and the Instituto Credito Oficial (¨ICO¨), with 20-year door to door tenors, and a commercial bank tranche with a 16-year tenor. The Project was awarded a long-term (Energy & Capacity 15-yrs; CELs 20-yrs) Power Purchase Agreement (“PPA”) by the Mexican Federal Electricity Agency, Centro Nacional de Control de Energía (“CENACE”) in the 2nd Power Auction (“Subasta de Largo Plazo or “SLP 01/2016”) in September 2016. The plant will reach commercial operations date (“COD”) as per the PPA offer in March 2019. The PPA was signed with CFE, rated BBB+ rated institution that has the implicit backing of the Government of Mexico (“GoM”). The Project will contribute to the GoM’s objectives of diversifying its electricity matrix, by delivering clean, PV solar energy and supporting the push to create a wholesale electricity market, while reducing the country’s dependency on thermal energy, as Mexico’s goal is for clean energy sources to provide 50% of the nation’s electricity generation mix by 2050. Project Name: Guanajuato Solar PV Project Borrowers: FV Mexsolar I, S.A.P.I. de C.V.; FV Mexsolar II, S.A.P.I. de C.V.; Sponsoring Entity: (if any) X-ELIO Energy, S.L. Financing Requested: Approximately US$45,347,000 Project Location: Los Rodriguez, San Miguel de Allende (Guanajuato) The Guanajuato Solar PV Project (the “Project”) consists of the design, construction, commissioning and operation of a solar photovoltaic plants with a capacity of 70.35 MWp that will connect to the Mexican Comisión Federal de Electricidad (“CFE”) national grid system; and all associated transmission and interconnection facilities. The Project is being developed by X-ELIO Energy, S.L. (the “Sponsor”), in Los Rodriguez, San Miguel de Allende (Guanajuato) in Mexico. The total project cost is approximately USD 62,690,000. The financial plan is expected to include Inter-American Investment Corporation (“IIC”) and Inter-American Development Bank (“IDB”) loans and co-loans from the China Co-Financing Fund for Latin America and the Caribbean (“China Fund”), the Canadian Climate Fund for the Private Sector in the Americas (“C2F”) and the Instituto Credito Oficial (“ICO”), with 20-year door to door tenors, while a commercial bank tranche which will have a 16-year tenor. The Project was awarded a long-term (Energy & Capacity 15-yrs; CELs 20-yrs) Power Purchase Agreement (“PPA”) by the Mexican Federal Electricity Agency, Centro Nacional de Control de Energía (“CENACE”) in the 2nd Mexican Power Auction (“Subasta de Largo Plazo or “SLP 01/2016”) in September 2016. The plant will reach commercial operations date (“COD”) as per the PPA offer in June 2018. The PPA was signed with CFE, a BBB+ rated institution that has the implicit backing of the Government of Mexico (“GoM”). The Project will contribute to the GoM’s objectives of diversifying its electricity matrix, by delivering clean, PV solar energy and supporting the push to create a wholesale electricity market, while reducing the country’s dependency on thermal energy, as Mexico’s goal is for clean energy sources to provide 50% of the nation’s electricity generation mix by 2050. Project Name: Xoxocotla Solar PV Project Borrowers: X-Elio FV Xoxocolta, S.A.P.I de C.V. Sponsoring Entity: (if any) X-ELIO Energy, S.L. Financing Requested: Approximately US$ 44,071,000 Project Location: Xoxocotla, Ayala (Morelos) The Xoxocotla Solar PV Project (the “Project”) consists of the design, construction, commissioning and operation of a solar photovoltaic plants with a capacity of 81.40 MWp that will connect to the Mexican Comisión Federal de Electricidad (“CFE”) national grid system; and all associated transmission and interconnection facilities. The Project is being developed by X-ELIO Energy, S.L. (the “Sponsor”), in Xoxocotla (Morelos)in Mexico. The total project cost is approximately USD 65,882,000. The financial plan is expected to include Inter-American Investment Corporation (“IIC”) and Inter-American Development Bank (“IDB”) loans and co-loans from the China Co-Financing Fund for Latin America and the Caribbean (“China Fund”), the Canadian Climate Fund for the Private Sector in the Americas (“C2F”) and the Instituto Credito Oficial (“ICO”), with 20-year door to door tenors, and a commercial bank loan with a 16 year tenor. The Project was awarded a long-term (Energy & Capacity 15-yrs; CELs 20-yrs) Power Purchase Agreement (“PPA”) by the Mexican Federal Electricity Agency, Centro Nacional de Control de Energia (“CENACE”) in the 2nd Power Auction (“Subasta de Largo Plazo or “SLP 01/2016”) in September 2016. The plant will reach commercial operations date (“COD”) as per the PPA offer in June 2019. The PPA was signed with the CFE, a BBB+ rated institution that has the implicit backing of the Government of Mexico (“GoM”). The Project will contribute to the GoM’s objectives of diversifying its electricity matrix, by delivering clean, PV solar energy and supporting the push to create a wholesale electricity market, while reducing the country’s dependency on thermal energy, as Mexico’s goal is for clean energy sources to provide 50% of the nation’s electricity generation mix by 2050. Project Name: Conejos - Terranova Solar PV Project Borrowers: Conejos Médanos S.A.P.I de C.V Sponsoring Entity: (if any) X-ELIO Energy, S.L. Financing Requested: Approximately US$49,927,000 Project Location: Municipality of Juarez, Chihuahua State, Mexico The Conejos - Terranova Solar PV Project (the “Project”) consists of the design, construction, commissioning and operation of a solar photovoltaic plants with a capacity of 93.71 MWp that will connect to the Mexican Comisión Federal de Electricidad (“CFE”) national grid system; and all associated transmission and interconnection facilities. The Project is being developed by X-ELIO Energy, S.L. (the “Sponsor”), in Ascension, Suarez (Chihuahua) in Mexico. The total project cost is approximately USD 74,651,000. The financial plan is expected to include Inter-American Investment Corporation (“IIC”) and Inter-American Development Bank (“IDB”) loans and co-loans from the China Co-Financing Fund for Latin America and the Caribbean (¨China Fund¨), the Canadian Climate Fund for the Private Sector in the Americas (¨C2F¨) and the Instituto Credito Oficial (¨ICO¨), with 20-year door to door tenors, and a commercial bank tranche with a 16-year tenor. The Project was awarded a long-term (Energy & Capacity 15-yrs; CELs 20-yrs) Power Purchase Agreement (“PPA”) by the Mexican Federal Electricity Agency, Centro Nacional de Control de Energía (“CENACE”) in the 2nd Power Auction (“Subasta de Largo Plazo or “SLP 01/2016”) in September 2016. The plant will reach commercial operations date (“COD”) as per the PPA offer in March 2019. The PPA was signed with CFE, rated BBB+ rated institution that has the implicit backing of the Government of Mexico (“GoM”). The Project will contribute to the GoM’s objectives of diversifying its electricity matrix, by delivering clean, PV solar energy and supporting the push to create a wholesale electricity market, while reducing the country’s dependency on thermal energy, as Mexico’s goal is for clean energy sources to provide 50% of the nation’s electricity generation mix by 2050. IDB Invest X-ELIO IDB Invest Giron Rohr, Alexandra +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Energy 10000000 10000000 10000000 Guanajuato Solar PV Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11614-01 IDB Invest Banco Delta Banco Delta IDB Invest IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 5000000 5000000 5000000 Banco Delta Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-JA3376A-01 IDB Invest Jamaican Teas Limited Jamaican Teas Limited IDB Invest IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Manufacturing 500000 500000 500000 Jamaican Teas Limited Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-JA3351A-02 IDB Invest This operation consists of a loan to Jamaica Broilers Group Limited to finance working capital to support and strengthen the company’s operations. This operation consists of a loan to Jamaica Broilers Group Limited to finance working capital to support and strengthen the company’s operations. IDB Invest Jamaica Broilers Group Limited IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Agribusiness 2000000 2000000 2000000 Jamaica Broilers II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-JA3363A-01 IDB Invest Sugar cane growth and raw sugar processing. Golden Grove was created in June 2009 to incorporate the assets of the St. Thomas Sugar Company Limited (STSC) as a result of the privatization of the sugar cane concerns in Jamaica. The funds will be used to acquire land and upgrade the existing plant, and for operating funds requirements. Sugar cane growth and raw sugar processing. Golden Grove was created in June 2009 to incorporate the assets of the St. Thomas Sugar Company Limited (STSC) as a result of the privatization of the sugar cane concerns in Jamaica. The funds will be used to acquire land and upgrade the existing plant, and for operating funds requirements. IDB Invest Golden Grove Sugar Company Limited IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Agribusiness 4000000 4000000 4000000 Golden Grove Sugar Company Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE-L1168 IDB Invest Company DescriptionSociedad Agricola Viru S.A. (“Viru” or the “Company”) is one of Peru’s leading agro-exporting companies that ranks within the country’s top three exporters of processed asparagus, artichokes and peppers. The Company began operations in 1994 as a processor of asparagus and has achieved greater product diversification (artichokes, peppers, sauces lines) during its 20 years of business operations. It conducts its agricultural operations on approximately 6,190 hectares (ha) of land (owned and leased) certified under Globalgap, employs approximately 7,500 people, and provides technical assistance to approximately 300 small farmers in its supply chain to ensure high quality food products. Project Objective and DescriptionIIC proposes to provide a senior secured corporate loan to Viru to finance the deployment of new technologies to expand its vegetable processing export business and conduct its operations in a socially inclusive and environmentally sustainable way. These actions are expected to strengthen Viru’s competitiveness. The investment plan includes: i) increase agricultural output by developing additional asparagus, avocado and other plantations; ii) increase the application of technologies to conserve water on irrigated land, improve food quality, and reduce production costs; iii) improve its financial structure by refinancing an existing loan; and iv) finance working capital and a gender equality certification (collectively, the “Project”). Company DescriptionSociedad Agricola Viru S.A. (“Viru” or the “Company”) is one of Peru’s leading agro-exporting companies that ranks within the country’s top three exporters of processed asparagus, artichokes and peppers. The Company began operations in 1994 as a processor of asparagus and has achieved greater product diversification (artichokes, peppers, sauces lines) during its 20 years of business operations. It conducts its agricultural operations on approximately 6,190 hectares (ha) of land (owned and leased) certified under Globalgap, employs approximately 7,500 people, and provides technical assistance to approximately 300 small farmers in its supply chain to ensure high quality food products. Project Objective and DescriptionIIC proposes to provide a senior secured corporate loan to Viru to finance the deployment of new technologies to expand its vegetable processing export business and conduct its operations in a socially inclusive and environmentally sustainable way. These actions are expected to strengthen Viru’s competitiveness. The investment plan includes: i) increase agricultural output by developing additional asparagus, avocado and other plantations; ii) increase the application of technologies to conserve water on irrigated land, improve food quality, and reduce production costs; iii) improve its financial structure by refinancing an existing loan; and iv) finance working capital and a gender equality certification (collectively, the “Project”). IDB Invest Sociedad Agricola Viru S.A. IDB Invest Bazan, Paola +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Agribusiness 8000000 8000000 8000000 Sociedad Agricola Viru Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE-L1158 IDB Invest 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. 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. IDB Invest IDB Invest Angarita Macias, Sandra Catalina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3971A-01 IDB Invest The Yarucaya plant will be a small hydroelectric plant with an installed capacity of 17.4 MW, located on the Huaura River in the Sayán district (135 km north of Lima). The purpose of this IIC operation is to finance the construction and operation of this plant.With this operation, the IIC will be supporting the development of small hydroelectric projects in Peru by providing long-term financing of up to 15 years. Run-of-the-river hydroelectric projects are a moderate-cost source of energy. The Yarucaya plant will be a small hydroelectric plant with an installed capacity of 17.4 MW, located on the Huaura River in the Sayán district (135 km north of Lima). The purpose of this IIC operation is to finance the construction and operation of this plant.With this operation, the IIC will be supporting the development of small hydroelectric projects in Peru by providing long-term financing of up to 15 years. Run-of-the-river hydroelectric projects are a moderate-cost source of energy. IDB Invest Huaura Power Group S.A. (“HPG”) IDB Invest De Narvaez, Olga Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Energy 12000000 12000000 12000000 CH Yarucaya Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3984A-01 IDB Invest The IIC closed an agreement for an investment in common stock of up to US$3.9 million in Peruvian company Andean Power Generation S.A.C. The proceeds of the investment will be allocated to the construction and commissioning of the El Carmen and 8 de Agosto run-of-the-river hydropower projects, with a total installed capacity of 27.4 MW in the Monzón district, Huánuco department, Peru. Andean Power Generation S.A.C. is a Peruvian company whose purpose is to channel investments to Generación Andina S.A.C., the owner and developer of the two hydroelectric power plants, as well as a transmission line and the related substations. The hydroelectric plants are expected to start operating during the first quarter of 2016. Generación Andina is the owner and developer of the rights to develop and build two run-of-the-river hydroelectric plants¬—El Carmen (8.4 MW) and 8 de Agosto (19 MW)—along with a 60-km transmission line for the plants. The funds raised from the stock issue will be used for the construction and commissioning of the El Carmen and 8 de Agosto hydroelectric projects. The IIC closed an agreement for an investment in common stock of up to US$3.9 million in Peruvian company Andean Power Generation S.A.C. The proceeds of the investment will be allocated to the construction and commissioning of the El Carmen and 8 de Agosto run-of-the-river hydropower projects, with a total installed capacity of 27.4 MW in the Monzón district, Huánuco department, Peru. Andean Power Generation S.A.C. is a Peruvian company whose purpose is to channel investments to Generación Andina S.A.C., the owner and developer of the two hydroelectric power plants, as well as a transmission line and the related substations. The hydroelectric plants are expected to start operating during the first quarter of 2016. Generación Andina is the owner and developer of the rights to develop and build two run-of-the-river hydroelectric plants¬—El Carmen (8.4 MW) and 8 de Agosto (19 MW)—along with a 60-km transmission line for the plants. The funds raised from the stock issue will be used for the construction and commissioning of the El Carmen and 8 de Agosto hydroelectric projects. IDB Invest Generación Andina SAC IDB Invest Rojas Cuellar, Lina Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Energy 1954000 1954000 1954000 Andean Power Generation Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE-L1160 IDB Invest 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. 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. IDB Invest IDB Invest Chiaramonte, Federico Alessandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Transport Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN3757A-02 IDB Invest The Inter-American Investment Corporation (IIC) approved a line of credit of US$12 million to Multibank, one of the largest banks in Panama, that will be used to provide financing to SMEs in Panama, as well as to diversify its long-term sources of funding. The proceeds from the line of credit will go toward providing financing to SMEs in Panama, as well as toward helping Multibank diversify its long-term sources of funding. Multibank Inc. is a bank entity established in 1990. Today, it is one of the largest banks in Panama funded with Panamanian capital. Through local subsidiaries, it provides factoring, financial leasing, trust, insurance, asset management, and brokerage services, among others. Over the years, the bank has built up expertise in services and products aimed at the SME segment, which accounts for 40% of the total corporate portfolio. The Inter-American Investment Corporation (IIC) approved a line of credit of US$12 million to Multibank, one of the largest banks in Panama, that will be used to provide financing to SMEs in Panama, as well as to diversify its long-term sources of funding. The proceeds from the line of credit will go toward providing financing to SMEs in Panama, as well as toward helping Multibank diversify its long-term sources of funding. Multibank Inc. is a bank entity established in 1990. Today, it is one of the largest banks in Panama funded with Panamanian capital. Through local subsidiaries, it provides factoring, financial leasing, trust, insurance, asset management, and brokerage services, among others. Over the years, the bank has built up expertise in services and products aimed at the SME segment, which accounts for 40% of the total corporate portfolio. IDB Invest Multibank, Inc. IDB Invest Joya Silva, Sindy Elena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 12000000 12000000 12000000 Multibank, Inc. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3976A-01 IDB Invest Hidrocañete owns the Nuevo Imperial hydroelectric power plant, which has an installed capacity of 4 MW and is designed to generate up to 33 GWh of clean energy per year. The plant is located on the Nuevo Imperial irrigation channel, which is fed by waters of the Cañete River (approximately 170 km south of Lima). The power plant has been in commercial operation since April 2012. The purpose of this IIC operation is to provide Hidrocañete long-term financing to refinance the debt it acquired to build and operate the hydroelectric power plant. With this operation, the IIC will be supporting the development of small hydroelectric projects in Peru by providing long-term financing of up to 15 years. Run-of-river hydroelectric projects are a very low-cost source of energy. Hidrocañete owns the Nuevo Imperial hydroelectric power plant, which has an installed capacity of 4 MW and is designed to generate up to 33 GWh of clean energy per year. The plant is located on the Nuevo Imperial irrigation channel, which is fed by waters of the Cañete River (approximately 170 km south of Lima). The power plant has been in commercial operation since April 2012. The purpose of this IIC operation is to provide Hidrocañete long-term financing to refinance the debt it acquired to build and operate the hydroelectric power plant. With this operation, the IIC will be supporting the development of small hydroelectric projects in Peru by providing long-term financing of up to 15 years. Run-of-river hydroelectric projects are a very low-cost source of energy. IDB Invest Hidrocañete S.A. IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Energy 6650000 6650000 6650000 Hidrocañete S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE-L1161 IDB Invest 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. 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. IDB Invest IDB Invest Paz, Marcelo Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN-L1113 IDB Invest 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. 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. IDB Invest IDB Invest Rojas Cuellar, Lina Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3945A-01 IDB Invest The goal of this financing by the IIC is to support Compartamos Financiera S.A.’s lending activities through a medium-term loan. Compartamos Financiera S.A.’s lending is aimed at underserved groups. The institution provides credit to microenterprises owned primarily by women living in rural areas of the country. The goal of this financing by the IIC is to support Compartamos Financiera S.A.’s lending activities through a medium-term loan. Compartamos Financiera S.A.’s lending is aimed at underserved groups. The institution provides credit to microenterprises owned primarily by women living in rural areas of the country. IDB Invest Compartamos Financiera, S.A. IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 2000000 2000000 2000000 Compartamos Financiera S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE-L1143 IDB Invest 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. 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. IDB Invest IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Agribusiness Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11946-04 IDB Invest The objective of the proposed transaction is to raise financing from the capital markets for the purchase of photovoltaic systems in Mexico. The transaction will provide a revolving loan facility to a special purpose vehicle (the “Warehousing Trust”), which transaction will be structured to be refinanced through a securitization for which the IIC will provide a Partial Credit Guarantee. Iliosson S.A. de C.V., a Mexican subsidiary of SolarCity Corporation, or a subsidiary thereof (“Iliosson”) will originate, sell, operate, maintain and service the photovoltaic systems 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 from Iliosson. 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 Partial Credit Guarantees (PCGs) to support the securitization of these credit rights in local capital markets. The PCGs will 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 Partial Credit Guarantee to support the Warehousing Loan during the Accumulation Stage. The objective of the proposed transaction is to raise financing from the capital markets for the purchase of photovoltaic systems in Mexico. The transaction will provide a revolving loan facility to a special purpose vehicle (the “Warehousing Trust”), which transaction will be structured to be refinanced through a securitization for which the IIC will provide a Partial Credit Guarantee. Iliosson S.A. de C.V., a Mexican subsidiary of SolarCity Corporation, or a subsidiary thereof (“Iliosson”) will originate, sell, operate, maintain and service the photovoltaic systems 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 from Iliosson. 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 Partial Credit Guarantees (PCGs) to support the securitization of these credit rights in local capital markets. The PCGs will 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 Partial Credit Guarantee to support the Warehousing Loan during the Accumulation Stage. IDB Invest A special purpose vehicle to be incorporated under Mexican law (the"Warehousing Trust") IDB Invest Tapia Bonilla, Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 121225000 121225000 121225000 SolarCity (Mexico) Green Securitization Facility Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1109A-03 IDB Invest The objective of this IIC operation is to provide BanBIF with up to US$9 million in financing to support small and medium-sized enterprises (SMEs) in Peru though loans for working capital, the modernization and/or expansion of these enterprises, and/or financial leasing operations, pursuant to eligibility criteria to be established by the IIC. BanBIF is a finance company that provides financial intermediation services as a private commercial bank geared primarily to Peruvian SMEs. The objective of this IIC operation is to provide BanBIF with up to US$9 million in financing to support small and medium-sized enterprises (SMEs) in Peru though loans for working capital, the modernization and/or expansion of these enterprises, and/or financial leasing operations, pursuant to eligibility criteria to be established by the IIC. BanBIF is a finance company that provides financial intermediation services as a private commercial bank geared primarily to Peruvian SMEs. IDB Invest Banco Interamericano de Finanzas S.A. (“BanBIF”) IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 9000000 9000000 9000000 Banco Interamericano de Finanzas S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-TT1018A-02 IDB Invest The project consists of the acquisition of a portion of the 6.6% Senior Notes due 2015 issued by RBTT Finance Limited and guaranteed by RBTT Financial Holding Limited. With this investment, the IIC will promote capital asset and working capital financing for micro, small, and medium-size enterprises in the IIC’s Caribbean member countries. The project consists of the acquisition of a portion of the 6.6% Senior Notes due 2015 issued by RBTT Finance Limited and guaranteed by RBTT Financial Holding Limited. With this investment, the IIC will promote capital asset and working capital financing for micro, small, and medium-size enterprises in the IIC’s Caribbean member countries. IDB Invest RBTT Financial Holding IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Trinidad and Tobago Trinidad and Tobago Financial Institutions 40000000 40000000 40000000 RBTT Financial Holding Ltd. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN3783A-01 IDB Invest The Inter-American Investment Corporation (IIC) approved a loan of up to US$11.9 million to Divisa Solar 10MW S.A. to fund the construction, development, and commissioning of a photovoltaic power plant with nominal capacity of 9.9 MWp in the province of Coclé, Panama. The Inter-American Investment Corporation (IIC) approved a loan of up to US$11.9 million to Divisa Solar 10MW S.A. to fund the construction, development, and commissioning of a photovoltaic power plant with nominal capacity of 9.9 MWp in the province of Coclé, Panama. IDB Invest Divisa Solar IDB Invest Gonzalez Calvo, Eva +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Energy 5950000 5950000 5950000 Divisa Solar 10MW, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-TT1011A-01 IDB Invest The project consists of a $40 million credit line to Republic Bank Limited. Of this total, $10 million will be funded by the IIC, and $30 million will be raised on a best-efforts basis from international banks under IIC's cofinancing program. The Bank will use the loan proceeds to finance small and medium-size companies in Trinidad and Tobago, Barbados, Guyana, Suriname, Jamaica, Belize, and the Bahamas (the "eligible jurisdictions"). All subloans will be on commercial terms. The project consists of a $40 million credit line to Republic Bank Limited. Of this total, $10 million will be funded by the IIC, and $30 million will be raised on a best-efforts basis from international banks under IIC's cofinancing program. The Bank will use the loan proceeds to finance small and medium-size companies in Trinidad and Tobago, Barbados, Guyana, Suriname, Jamaica, Belize, and the Bahamas (the "eligible jurisdictions"). All subloans will be on commercial terms. IDB Invest Republic Bank Limited IDB Invest Rincon, Margarita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Trinidad and Tobago Trinidad and Tobago Financial Institutions 10000000 10000000 10000000 Republic Bank of Trinidad & Tobago Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-TT1008A-01 IDB Invest Mora Oil Ventures Limited Mora Oil Ventures Limited IDB Invest IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Trinidad and Tobago Trinidad and Tobago Energy 4000000 4000000 4000000 Mora Oil Ventures Limited Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN-L1102 IDB Invest 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. 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. IDB Invest IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-TT0003A-01 IDB Invest T. & T. Development Finance Limited T. & T. Development Finance Limited IDB Invest IDB Invest Rincon, Margarita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Trinidad and Tobago Trinidad and Tobago Financial Institutions 3100000 3100000 3100000 T. & T. Development Finance Limited Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN-L1099 IDB Invest 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. 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. IDB Invest IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-TT0001A-01 IDB Invest Trinidad Italian Tile Company Limited Trinidad Italian Tile Company Limited IDB Invest IDB Invest Philippe Prosper, Jean +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Trinidad and Tobago Trinidad and Tobago Manufacturing 3200000 3200000 3200000 Trinidad Italian Tile Company Limited Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN-L1092 IDB Invest 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. 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. IDB Invest IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN-X1010 IDB Invest 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. 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. IDB Invest IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11975-01 IDB Invest This is a corporate loan consisting of an IIC A Loan up to US$16 million and an IDB A loan up to US$84 million (total IDB Group financing up to US$100 million). The IDB Group loan will provide parallel co-financing within an International Finance Corporation (IFC) A/B loan of up to US$500 million for the same transaction. The loan tenor is for 6 years, including 2.5 years grace period (only for repayments of principal). The IFC package (including the IDB Group Loan) will comprise of a mobilization up to the amount of US$400 million. Incorporated in 1994, Telecom Personal S.A. (“the Company” or “Personal”) is a leading mobile network operator in Argentina with presence in Paraguay through its subsidiary Nucleo. The project aims to support the company’s capex plan for Argentina including the deployment of a nationwide 4G LTE network and for refinancing of short term debt. The Company is 99.99% owned by Telecom Argentina S.A (“Telecom Argentina”), an operator of fixed (local and long distance), data and mobile voice and internet services. Telecom Argentina is one of the largest private sector companies in Argentina in terms of revenues and number of employees and enjoys a strong reputation in terms of integrity, governance and general operations. Telecom Argentina is majority owned by Nortel Inversora S.A. (54.7%), with most of the rest of the shares are listed in the Buenos Aires and the New York Stock Exchange. Nortel Inversora S.A. in turn is controlled by Sofora Telecomunicaciones S.A. (78.4%), which is owned by the W de Argentina – Inversiones S.A. (32%) and Fintech Telecom LLC (68%). This transaction has benefited from close coordinating and information exchange between the IIC and the IFC, involving the respective institutions’ origination and environmental and social (E&S) teams, with resulting process efficiencies and value added for the client. This is a corporate loan consisting of an IIC A Loan up to US$16 million and an IDB A loan up to US$84 million (total IDB Group financing up to US$100 million). The IDB Group loan will provide parallel co-financing within an International Finance Corporation (IFC) A/B loan of up to US$500 million for the same transaction. The loan tenor is for 6 years, including 2.5 years grace period (only for repayments of principal). The IFC package (including the IDB Group Loan) will comprise of a mobilization up to the amount of US$400 million. Incorporated in 1994, Telecom Personal S.A. (“the Company” or “Personal”) is a leading mobile network operator in Argentina with presence in Paraguay through its subsidiary Nucleo. The project aims to support the company’s capex plan for Argentina including the deployment of a nationwide 4G LTE network and for refinancing of short term debt. The Company is 99.99% owned by Telecom Argentina S.A (“Telecom Argentina”), an operator of fixed (local and long distance), data and mobile voice and internet services. Telecom Argentina is one of the largest private sector companies in Argentina in terms of revenues and number of employees and enjoys a strong reputation in terms of integrity, governance and general operations. Telecom Argentina is majority owned by Nortel Inversora S.A. (54.7%), with most of the rest of the shares are listed in the Buenos Aires and the New York Stock Exchange. Nortel Inversora S.A. in turn is controlled by Sofora Telecomunicaciones S.A. (78.4%), which is owned by the W de Argentina – Inversiones S.A. (32%) and Fintech Telecom LLC (68%). This transaction has benefited from close coordinating and information exchange between the IIC and the IFC, involving the respective institutions’ origination and environmental and social (E&S) teams, with resulting process efficiencies and value added for the client. IDB Invest Telecom Personal S.A. IDB Invest Beretta Tassano, Patricio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Digital Economy 16000000 16000000 16000000 Telecom Personal Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3966A-01 IDB Invest Citrusvil is an Argentinian company that grows, processes, and sells lemons and lemon derivatives. The company, domiciled in Tucumán, has more than 7,500 hectares of lemon trees on 21 farms, supplying approximately 65% of the fruit it packs or processes. It has its own nursery with capacity of approximately 256,000 plants. Citrusvil has the capacity to process about 350,000 tons of lemon per year to produce juice in concentrate, essential oil, and dehydrated peel. It also has two fresh fruit packing units with capacity to pack 3 million cases (50,000 pallets). The products are exported all over the world from Buenos Aires’ various ports in containers or in bulk, with the main markets being the European Union, Eastern Europe, Russia, Canada, the Middle East, and the Far East. The purpose of the loan is to refinance short-term debt and support a second Grupo Lucci company. The IIC began a relationship with Grupo Lucci in 2011 through long-term financing granted to agribusiness company Viluco SA. The A/B loan for up to US$65 million with have a tenor of five years and a 12-month grace period. Rabobank and Banco Itaú will be the initial participants. Citrusvil is an Argentinian company that grows, processes, and sells lemons and lemon derivatives. The company, domiciled in Tucumán, has more than 7,500 hectares of lemon trees on 21 farms, supplying approximately 65% of the fruit it packs or processes. It has its own nursery with capacity of approximately 256,000 plants. Citrusvil has the capacity to process about 350,000 tons of lemon per year to produce juice in concentrate, essential oil, and dehydrated peel. It also has two fresh fruit packing units with capacity to pack 3 million cases (50,000 pallets). The products are exported all over the world from Buenos Aires’ various ports in containers or in bulk, with the main markets being the European Union, Eastern Europe, Russia, Canada, the Middle East, and the Far East. The purpose of the loan is to refinance short-term debt and support a second Grupo Lucci company. The IIC began a relationship with Grupo Lucci in 2011 through long-term financing granted to agribusiness company Viluco SA. The A/B loan for up to US$65 million with have a tenor of five years and a 12-month grace period. Rabobank and Banco Itaú will be the initial participants. IDB Invest Citrusvil S.A. IDB Invest Pereyra Giudice, Francisco +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Agribusiness 8000000 8000000 8000000 Citrusvil Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME4101A-01 IDB Invest Nixte is a Mexican company that grows and packs peppers for export to the United States of America. The proceeds from the IIC loan will be used to finance the construction of 10 new hectares of pepper greenhouses; to finance working capital; and to finance improvements to the packing area and facilities. Nixte is a Mexican company that grows and packs peppers for export to the United States of America. The proceeds from the IIC loan will be used to finance the construction of 10 new hectares of pepper greenhouses; to finance working capital; and to finance improvements to the packing area and facilities. IDB Invest Grupo Nixte S. de P.R. de R.L. de C.V. (“Nixte”) IDB Invest Secco Viana, Juan Cruz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 3500000 3500000 3500000 NIXTE Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME4111A-01 IDB Invest Novelda started operations in 1999. It imports, processes and distributes in bulk high-quality, gourmet groceries (mainly cured ham) to hotels, other consumption centers such as restaurants, retailers and specialty stores. The objective of the IIC’s participation is to finance the acquisition of machinery and equipment for enabling existing and new distribution centers; and the working capital needs of Novelda. Novelda started operations in 1999. It imports, processes and distributes in bulk high-quality, gourmet groceries (mainly cured ham) to hotels, other consumption centers such as restaurants, retailers and specialty stores. The objective of the IIC’s participation is to finance the acquisition of machinery and equipment for enabling existing and new distribution centers; and the working capital needs of Novelda. IDB Invest Kua Mex Foods Española S.A. de C.V. (together with its subsidiaries, “Novelda”) IDB Invest Vera Fabbri, Pablo Marcelo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 3359440 3359440 3359440 NOVELDA Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3897A-03 IDB Invest Profertil is an Argentinian company that produces fertilizers; its main product is granulated urea for improving agricultural yields. Profertil has a production capacity of 1.3 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 locally, 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$40 million. The main purpose of the loan is to improve the company's debt profile. The IIC will syndicate part of the loan to attract other banks to provide Profertil with financing on the same terms. Profertil is an Argentinian company that produces fertilizers; its main product is granulated urea for improving agricultural yields. Profertil has a production capacity of 1.3 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 locally, 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$40 million. The main purpose of the loan is to improve the company's debt profile. The IIC will syndicate part of the loan to attract other banks to provide Profertil with financing on the same terms. IDB Invest Profertil S.A. IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Agribusiness 6000000 6000000 6000000 Profertil S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR-L1166 IDB Invest 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. 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. IDB Invest IDB Invest Diaz Gomez, Anahi +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Transport Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3963A-01 IDB Invest ERCSA is an Argentine company established in 2008 by a group of Argentine and Uruguayan entrepreneurs. The company, which mills soybeans for the production of balanced feed and other soybean meal and oil products. The production facility is located in the Gualeguaychú Industrial Park in Entre Ríos. The IIC financing will be used for permanent working capital to support the company’s sales growth. ERCSA is an Argentine company established in 2008 by a group of Argentine and Uruguayan entrepreneurs. The company, which mills soybeans for the production of balanced feed and other soybean meal and oil products. The production facility is located in the Gualeguaychú Industrial Park in Entre Ríos. The IIC financing will be used for permanent working capital to support the company’s sales growth. IDB Invest Entre Ríos Crushing S.A. (“ERCSA”) IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Agribusiness 5000000 5000000 5000000 Entre Rios Crushing S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR-X1019 IDB Invest 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. 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. IDB Invest IDB Invest Astudillo Lira, Maria Belen +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Unspecified 41429100 41429100 41429100 Banco Industrial S.A. TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3870A-02 IDB Invest Fincas Patagónicas is a family-owned business that is classed as a small and medium-size enterprise (SME) in Argentina. The company owns Bodega Tapiz (brand name), a winery specializing in fine wine that is chiefly for export. It began operating in 2003 after acquiring the assets of an international company. In 2008 the IIC provided Fincas Patagónicas with a loan used to finance the following: (i) purchase stainless steel tanks and carry out minor construction work to expand the winery’s installed capacity to up to 2 million liters per year, i.e., a 100% increase; (ii) plant 80 hectares in winegrapes; and (iii) purchase oak barrels. The positive outcome of the first loan led Fincas Patagónicas to request a second loan to be used in financing the increase in accounts receivables and inventory derived from an increase in production and sales of fine wine. With this project, the IIC will (i) support the growth of an export-oriented Argentinean SME operating in a growing, strategic sector that is a significant generator of foreign exchange; and (ii) support the development of an SME by enabling it to strengthen its competitive position in a sector dominated by large corporations with international backing. Fincas Patagónicas is a family-owned business that is classed as a small and medium-size enterprise (SME) in Argentina. The company owns Bodega Tapiz (brand name), a winery specializing in fine wine that is chiefly for export. It began operating in 2003 after acquiring the assets of an international company. In 2008 the IIC provided Fincas Patagónicas with a loan used to finance the following: (i) purchase stainless steel tanks and carry out minor construction work to expand the winery’s installed capacity to up to 2 million liters per year, i.e., a 100% increase; (ii) plant 80 hectares in winegrapes; and (iii) purchase oak barrels. The positive outcome of the first loan led Fincas Patagónicas to request a second loan to be used in financing the increase in accounts receivables and inventory derived from an increase in production and sales of fine wine. With this project, the IIC will (i) support the growth of an export-oriented Argentinean SME operating in a growing, strategic sector that is a significant generator of foreign exchange; and (ii) support the development of an SME by enabling it to strengthen its competitive position in a sector dominated by large corporations with international backing. IDB Invest Fincas Patagónicas S.A. IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Manufacturing 1000000 1000000 1000000 Fincas II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3915A-01 IDB Invest Hychico S.A. produces hydrogen, oxygen, and electric power from renewable energy sources. This IIC financing would be used to refinance the installation, start-up, and future operations of the Diadema Parque Eólico, comprising seven (7) 0.9-megawatt (MW) Enercon E-44 wind turbines with a nominal capacity of 6.3 MW, and anticipated power generation of 24,672 megawatt-hours per year that would be injected into the power grid of the Argentine Interconnected System (SADI). The Diadema wind farm lies in the sector known as "Pampa del F" of the Diadema oil field, operated by Compañías Asociadas Petroleras S.A. (CAPSA), located some 27 kilometers outside the city of Comodoro Rivadavia, Chubut Province, in southern Argentina. Hychico S.A. produces hydrogen, oxygen, and electric power from renewable energy sources. This IIC financing would be used to refinance the installation, start-up, and future operations of the Diadema Parque Eólico, comprising seven (7) 0.9-megawatt (MW) Enercon E-44 wind turbines with a nominal capacity of 6.3 MW, and anticipated power generation of 24,672 megawatt-hours per year that would be injected into the power grid of the Argentine Interconnected System (SADI). The Diadema wind farm lies in the sector known as "Pampa del F" of the Diadema oil field, operated by Compañías Asociadas Petroleras S.A. (CAPSA), located some 27 kilometers outside the city of Comodoro Rivadavia, Chubut Province, in southern Argentina. IDB Invest Hychico S.A. IDB Invest Vieiro Cobas, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Energy 8000000 8000000 8000000 Hychico Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3934A-01 IDB Invest The project consists of an A Loan of up to US$10 million and a B Loan of up to US$30 million to Banco Itaú Argentina S.A. The objective of this project is to finance Eligible Projects via subloans to Eligible Enterprises in Argentina. Subloans will provide SMEs with financing—mainly short- and medium-term—for general corporate purposes, including leasing and working capital. Eligible Enterprises financed with a portion of the loan shall not exceed US$20 million in assets or yearly revenues. The project consists of an A Loan of up to US$10 million and a B Loan of up to US$30 million to Banco Itaú Argentina S.A. The objective of this project is to finance Eligible Projects via subloans to Eligible Enterprises in Argentina. Subloans will provide SMEs with financing—mainly short- and medium-term—for general corporate purposes, including leasing and working capital. Eligible Enterprises financed with a portion of the loan shall not exceed US$20 million in assets or yearly revenues. IDB Invest Banco Itaú Argentina S.A. IDB Invest - +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions 10000000 10000000 10000000 Banco Itau Argentina S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR-L1132 IDB Invest 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. 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. IDB Invest IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Transport Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1425 IDB Invest 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. 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. IDB Invest IDB Invest Queiroz Galvao, Marina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Water and Sanitation Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1418 IDB Invest 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. 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. IDB Invest IDB Invest de Paiva Ferraz, Joao Victor +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Agribusiness Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1435 IDB Invest 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. 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. IDB Invest Banco Cooperativo Sicredi IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1437 IDB Invest 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. 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. IDB Invest IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR3728A-03 IDB Invest The Inter-American Investment Corporation (IIC), in partnership with 12 different banks, has provided an A/B loan equivalent to almost US$200 million to Banco Daycoval S.A., boosting access to finance through loans for small and medium-sized enterprises (SMEs) across a large variety of productive sectors. The Inter-American Investment Corporation (IIC), in partnership with 12 different banks, has provided an A/B loan equivalent to almost US$200 million to Banco Daycoval S.A., boosting access to finance through loans for small and medium-sized enterprises (SMEs) across a large variety of productive sectors. IDB Invest Banco Daycoval S.A. IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 20000000 20000000 20000000 Banco Daycoval S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1410 IDB Invest 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. 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. IDB Invest IDB Invest Ventrell, Catalina Hincapie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1404 IDB Invest 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. 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. IDB Invest IDB Invest Queiroz Galvao, Marina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Agribusiness Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1413 IDB Invest 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. 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. IDB Invest IDB Invest Da Cruz Carneiro, Bruno +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR3374A-04 IDB Invest The project consists of a Loan to Itaú Unibanco S.A.(“Itaú Unibanco). The objective of this project is to finance Eligible Projects via subloans to Eligible Enterprises in Brazil. These will be small and medium-sized companies located in Brazil that require the funding primarily for short- or medium-term financing for general corporate purposes, including working capital and leasing. Eligible Enterprises financed with a portion of the Loan shall not exceed US$20 million in assets or yearly revenue. Itaú Unibanco S.A. was established in 1924 and increased its presence in the market through various mergers and acquisitions beginning in the 1960s. Itaú Unibanco was the first emerging market bank to adopt the Equator Principles (June 2004) and in 2009 and 2010 it was awarded the Financial Times/IFC Emerging Markets and Latin American Sustainable Bank of the Year awards. Itaú Unibanco is the only Latin American financial institution that has been selected for the Dow Jones Sustainability World Index (DJSI World) since its first edition. The project consists of a Loan to Itaú Unibanco S.A.(“Itaú Unibanco). The objective of this project is to finance Eligible Projects via subloans to Eligible Enterprises in Brazil. These will be small and medium-sized companies located in Brazil that require the funding primarily for short- or medium-term financing for general corporate purposes, including working capital and leasing. Eligible Enterprises financed with a portion of the Loan shall not exceed US$20 million in assets or yearly revenue. Itaú Unibanco S.A. was established in 1924 and increased its presence in the market through various mergers and acquisitions beginning in the 1960s. Itaú Unibanco was the first emerging market bank to adopt the Equator Principles (June 2004) and in 2009 and 2010 it was awarded the Financial Times/IFC Emerging Markets and Latin American Sustainable Bank of the Year awards. Itaú Unibanco is the only Latin American financial institution that has been selected for the Dow Jones Sustainability World Index (DJSI World) since its first edition. IDB Invest Itaú Unibanco S.A. IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 50000000 50000000 50000000 Itaú Unibanco V Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR3849A-01 IDB Invest 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. IDB Invest Banco ABC IDB Invest Da Cruz Carneiro, Bruno +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 10000000 10000000 10000000 Banco ABC Brasil S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11911-01 IDB Invest Portland Caribbean Fund II, L.P. (the “Fund”) is a multi-sector growth fund that targets high-growth middle market companies that are poised for national or regional expansion. Particular emphasis will be on the following sectors: services (financial and non-financial), communications, renewable energy, agribusiness, and infrastructure. The geographical focus of the Fund is the CARICOM member and associate member states, Dominican Republic, Colombia, Panama and Costa Rica (together, the “Region”). The investors in the Fund are among others: Export Development Canada, European Investment Bank, German Development Bank (DEG), IFC, Caribbean Development Bank, Development Bank of Latin America (CAF) and local pension funds. The objective of the project is to provide further resources to support private equity investments in the Caribbean region. On December 2015, the IIC Board of Executive Directors approved an initial investment of US$5.1 million in the Fund. With the current project, the IIC proposes to increase its initial investment by US$10.2 million to reach a total investment of US$15.3 million in the Fund. This increase in IIC’s commitment will strengthen and continue IIC’s partnership with the Fund. Also, IIC will reach the investment level required to obtain the right to a voting membership at the Joint Advisory Committee instead of being an observer member, and will enable the IIC to explore opportunities to co-invest and finance the portfolio companies of the Fund. The Fund now has a target size of US$200 million, a scale that will allow it to be successful and impactful and enable the Fund Manager to build a sustainable fund management platform in the Caribbean region for future successor funds. Portland Caribbean Fund II, L.P. (the “Fund”) is a multi-sector growth fund that targets high-growth middle market companies that are poised for national or regional expansion. Particular emphasis will be on the following sectors: services (financial and non-financial), communications, renewable energy, agribusiness, and infrastructure. The geographical focus of the Fund is the CARICOM member and associate member states, Dominican Republic, Colombia, Panama and Costa Rica (together, the “Region”). The investors in the Fund are among others: Export Development Canada, European Investment Bank, German Development Bank (DEG), IFC, Caribbean Development Bank, Development Bank of Latin America (CAF) and local pension funds. The objective of the project is to provide further resources to support private equity investments in the Caribbean region. On December 2015, the IIC Board of Executive Directors approved an initial investment of US$5.1 million in the Fund. With the current project, the IIC proposes to increase its initial investment by US$10.2 million to reach a total investment of US$15.3 million in the Fund. This increase in IIC’s commitment will strengthen and continue IIC’s partnership with the Fund. Also, IIC will reach the investment level required to obtain the right to a voting membership at the Joint Advisory Committee instead of being an observer member, and will enable the IIC to explore opportunities to co-invest and finance the portfolio companies of the Fund. The Fund now has a target size of US$200 million, a scale that will allow it to be successful and impactful and enable the Fund Manager to build a sustainable fund management platform in the Caribbean region for future successor funds. IDB Invest Portland Caribbean Fund II, L.P. IDB Invest Donelli, Marcelo Henrique +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 10200000 10200000 10200000 Portland Caribbean Fund II Commitment Increase Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12013-01 IDB Invest Cerámicas del Pacífico Cerámicas del Pacífico IDB Invest Cerámicas del Pacífico IDB Invest Jatem, Alejandra Luz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Manufacturing 394000 394000 394000 Cerámicas del Pacífico Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12105-01 IDB Invest Project Termo – Mexico City Waste-to-Energy PPP (the “Project”) consists of the design, development, construction and operation of a greenfield waste-to-energy (WTE) plant located near Mexico City, Mexico. The project will be located inside the federal zone of the Ex Texcoco Lake, in the Municipalities of Texcoco, Nezahualcóyotl and Chimalhuacán in the State of Mexico and near the limits of Mexico City. The Borrower has signed a 33-year Public-Private Partnership (Proyecto para Prestación de Servicios, or “PPS”) contract with the Mexico City government through the Urban Services Management Unit (Agencia de Gestión Urbana (“AGU” or the “Granting Authority”)). The Equipment, Procurement and Construction (“EPC”) contractor will be a global leader in energy from waste and the Operator and Maintenance Provider (“O&M”) will be Proactiva Medio Ambiente Mexico, S.A. de C.V., which is a subsidiary of Veolia Environment S.A. The Project will (i) add 150 MW of energy capacity to the Mexican electricity system by processing residual urban solid waste (after sorting for recycling or composting); (ii) generate at least 965 GWh of electricity for consumption by the Mexico City Public Transport System (Sistema Colectivo de Transporte); and (iii) process up to approximately 1,678,000 tons of non-organic urban waste annually (equivalent to 35% of Mexico City’s annual urban waste generation), thus directly supporting Mexico City’s Zero Waste (Basura Cero) Program, the main objective of which is to reuse/recycle the majority of Mexico City’s solid waste by 2020 through specific initiatives that aim to extract potential benefits from all waste which is being disposed of currently. The total cost of the project is expected to be approximately US$ 750 million. It is expected that the financial plan will include loans from the Inter-American Investment Corporation (“IDB Invest”) and the Inter-American Development Bank (“IDB”) for up to US$ 200 million for a term of up to 20 years. Project Termo – Mexico City Waste-to-Energy PPP (the “Project”) consists of the design, development, construction and operation of a greenfield waste-to-energy (WTE) plant located near Mexico City, Mexico. The project will be located inside the federal zone of the Ex Texcoco Lake, in the Municipalities of Texcoco, Nezahualcóyotl and Chimalhuacán in the State of Mexico and near the limits of Mexico City. The Borrower has signed a 33-year Public-Private Partnership (Proyecto para Prestación de Servicios, or “PPS”) contract with the Mexico City government through the Urban Services Management Unit (Agencia de Gestión Urbana (“AGU” or the “Granting Authority”)). The Equipment, Procurement and Construction (“EPC”) contractor will be a global leader in energy from waste and the Operator and Maintenance Provider (“O&M”) will be Proactiva Medio Ambiente Mexico, S.A. de C.V., which is a subsidiary of Veolia Environment S.A. The Project will (i) add 150 MW of energy capacity to the Mexican electricity system by processing residual urban solid waste (after sorting for recycling or composting); (ii) generate at least 965 GWh of electricity for consumption by the Mexico City Public Transport System (Sistema Colectivo de Transporte); and (iii) process up to approximately 1,678,000 tons of non-organic urban waste annually (equivalent to 35% of Mexico City’s annual urban waste generation), thus directly supporting Mexico City’s Zero Waste (Basura Cero) Program, the main objective of which is to reuse/recycle the majority of Mexico City’s solid waste by 2020 through specific initiatives that aim to extract potential benefits from all waste which is being disposed of currently. The total cost of the project is expected to be approximately US$ 750 million. It is expected that the financial plan will include loans from the Inter-American Investment Corporation (“IDB Invest”) and the Inter-American Development Bank (“IDB”) for up to US$ 200 million for a term of up to 20 years. IDB Invest Termo WTE S.A. de C. V. IDB Invest Blakely, Brian +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Water and Sanitation 115000000 115000000 115000000 Project Termo - Mexico City Waste-to-Energy PPP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12086-01 IDB Invest The project consists of expanding the electricity transmission capacity of the Central American Electrical Interconnection System [Sistema de Interconexión Eléctrica de los Países de América Central] (SIEPAC) through the installation of additional lines (second circuit), expansion of some substations, and reinforcement of some national interconnection systems. The SIEPAC is a high voltage line interconnecting the electrical systems of Panama, Costa Rica, Nicaragua, Honduras, El Salvador and Guatemala, allowing them to exchange electricity and enabling more efficient dispatch from the countries’ generation systems. The Borrower has estimated the total cost of these investments at US$370 million. IDB Invest will participate in the financing of these investments through a loan of up to US$225 million with a term of up to 25 years. Of this amount, US$150 million would be funded by the IDB Group and the remainder with funds administrated by IDB Invest. The main objective of the financing will be to support the Borrower in making these investments and allowing repayment over a very long period, reducing the impact on the final cost appearing on end users’ electricity bills. The project consists of expanding the electricity transmission capacity of the Central American Electrical Interconnection System [Sistema de Interconexión Eléctrica de los Países de América Central] (SIEPAC) through the installation of additional lines (second circuit), expansion of some substations, and reinforcement of some national interconnection systems. The SIEPAC is a high voltage line interconnecting the electrical systems of Panama, Costa Rica, Nicaragua, Honduras, El Salvador and Guatemala, allowing them to exchange electricity and enabling more efficient dispatch from the countries’ generation systems. The Borrower has estimated the total cost of these investments at US$370 million. IDB Invest will participate in the financing of these investments through a loan of up to US$225 million with a term of up to 25 years. Of this amount, US$150 million would be funded by the IDB Group and the remainder with funds administrated by IDB Invest. The main objective of the financing will be to support the Borrower in making these investments and allowing repayment over a very long period, reducing the impact on the final cost appearing on end users’ electricity bills. IDB Invest Empresa Propietaria de la Red S.A IDB Invest Carassale, Gian Franco +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Energy 50000000 50000000 50000000 Second SIEPAC Circuit Investment Program Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12236-01 IDB Invest IDB Invest is considering an investment of up to US$40 million (in BRL equivalent) through the subscription of senior quotas of an investment fund in Brazil. IDB Invest’s participation will allow the fund to reach the necessary scale to effectively execute its investment strategy and reach its minimum size. The fund will invest in debt instruments to mid-sized companies in Brazil with limited access to finance from commercial banks and capital markets. The fund manager of the fund is a local investment management company with extensive experience in the local market. The fund’s target sectors include retail and consumer-related, specialty services, non-traditional financial institutions, and infrastructure. The proposed project will be approved under the following IDB Invest delegated facility: “Debt Capital Markets Program”. IDB Invest is considering an investment of up to US$40 million (in BRL equivalent) through the subscription of senior quotas of an investment fund in Brazil. IDB Invest’s participation will allow the fund to reach the necessary scale to effectively execute its investment strategy and reach its minimum size. The fund will invest in debt instruments to mid-sized companies in Brazil with limited access to finance from commercial banks and capital markets. The fund manager of the fund is a local investment management company with extensive experience in the local market. The fund’s target sectors include retail and consumer-related, specialty services, non-traditional financial institutions, and infrastructure. The proposed project will be approved under the following IDB Invest delegated facility: “Debt Capital Markets Program”. IDB Invest Pátria Investimentos Ltda. IDB Invest Gutierrez Gutierrez, Martha Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 42709600 42709600 42709600 Patria Structured Credit Fund Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12175-01 IDB Invest Banco Multibank S.A. is a Colombian bank established in 2015 with the objective of specializing in the financing of small and medium enterprises. The objective of this Project is to support Banco Multibank in a bond issue of COP$40,000.000 through a partial credit guarantee of up to COP$14,000.000. The bond issue will be registered in the Colombian Stock Exchange with a tenor up to three years. The Guarantee is unconditional and irrevocable and will allow the issuer to upgrade from a local AA rating to AA+. The proceeds from issuance will be used to provide financing to eligible small and medium-sized Colombian Enterprises in a variety of productive sectors. Banco Multibank S.A. is a Colombian bank established in 2015 with the objective of specializing in the financing of small and medium enterprises. The objective of this Project is to support Banco Multibank in a bond issue of COP$40,000.000 through a partial credit guarantee of up to COP$14,000.000. The bond issue will be registered in the Colombian Stock Exchange with a tenor up to three years. The Guarantee is unconditional and irrevocable and will allow the issuer to upgrade from a local AA rating to AA+. The proceeds from issuance will be used to provide financing to eligible small and medium-sized Colombian Enterprises in a variety of productive sectors. IDB Invest IDB Invest Reyes Correa, Sandra +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 4800000 4800000 4800000 Multibank Colombia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BH3343A-01 IDB Invest Kenuth Kenuth IDB Invest Kenuth's Electric Co. LTD IDB Invest Ochoa Sanfeliz, Maria Eugenia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bahamas Bahamas Manufacturing 500000 500000 500000 Kenuth Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12241-01 IDB Invest In January 2015, the IDB approved a Loan to Locfund II comprised of an A Loan of up to US$15 million funded by IDB with its Ordinary Capital resources and up to US$7.5 million in a Co-Loan from the China Co-Financing Fund (the “China Fund”) to provide financing in local currency to microfinance institutions (“MFIs”), contributing to reduce the MFIs’ foreign exchange risk exposure and to support the expansion of their local currency lending capacity to micro- and small-sized enterprises (“MSEs”) in Latin America and the Caribbean (“LAC”). As of August 2017, Locfund II has provided local currency loans to 47 MFIs that attend more than 1.3 million final clients in 13 countries of LAC. Locfund II has reached its initial targeted size. However, since the demand for local currency loans is still strong, Locfund II is looking for additional debt to increase its size and to benefit a larger number of MFIs’ clients. The IIC, as member of the IDB Group, will support Locfund II’s expansion through a Loan of up to US$10 million (the “IIC A Loan”). Thus, the number of MFIs reached and final clients benefited will also increase. Locfund II expects to increase the number of MFIs’ clients by 13% totalizing 241,000 final beneficiaries during its life. In January 2015, the IDB approved a Loan to Locfund II comprised of an A Loan of up to US$15 million funded by IDB with its Ordinary Capital resources and up to US$7.5 million in a Co-Loan from the China Co-Financing Fund (the “China Fund”) to provide financing in local currency to microfinance institutions (“MFIs”), contributing to reduce the MFIs’ foreign exchange risk exposure and to support the expansion of their local currency lending capacity to micro- and small-sized enterprises (“MSEs”) in Latin America and the Caribbean (“LAC”). As of August 2017, Locfund II has provided local currency loans to 47 MFIs that attend more than 1.3 million final clients in 13 countries of LAC. Locfund II has reached its initial targeted size. However, since the demand for local currency loans is still strong, Locfund II is looking for additional debt to increase its size and to benefit a larger number of MFIs’ clients. The IIC, as member of the IDB Group, will support Locfund II’s expansion through a Loan of up to US$10 million (the “IIC A Loan”). Thus, the number of MFIs reached and final clients benefited will also increase. Locfund II expects to increase the number of MFIs’ clients by 13% totalizing 241,000 final beneficiaries during its life. IDB Invest Locfund II, L.P. IDB Invest Giacalone, Catia M. +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 10000000 10000000 10000000 Local Currency Fund II Expansion Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12078-02 IDB Invest The loan involves the rehabilitation of 145 kilometers of highway divided into eight functional units between Bogota and Girardot, a key section of the Bogotá – Buenaventura corridor. Construction works include the addition of a third lane extending 65 kilometers from the entrance to the Sumapaz tunnel in Melgar to the highway’s intersection with the road to Sibaté and the rehabilitation of the Sumapaz tunnel (4.2 km). The IDB Group would grant a loan for up to 375 billion Colombian pesos with a term of 15 to 18 years and the Colombian peso loan will be indexed according to the CPI. The IDB Group loan would be supplemented by other short- and long-term loans from local and international banks, debt funds and possibly capital market issues. The project is expected to generate direct and indirect employment and to have a positive impact on connectivity between Bogota and the 4G road network that joins the capital to the Pacific coast ports, which are strategic to the country’s economy. The loan involves the rehabilitation of 145 kilometers of highway divided into eight functional units between Bogota and Girardot, a key section of the Bogotá – Buenaventura corridor. Construction works include the addition of a third lane extending 65 kilometers from the entrance to the Sumapaz tunnel in Melgar to the highway’s intersection with the road to Sibaté and the rehabilitation of the Sumapaz tunnel (4.2 km). The IDB Group would grant a loan for up to 375 billion Colombian pesos with a term of 15 to 18 years and the Colombian peso loan will be indexed according to the CPI. The IDB Group loan would be supplemented by other short- and long-term loans from local and international banks, debt funds and possibly capital market issues. The project is expected to generate direct and indirect employment and to have a positive impact on connectivity between Bogota and the 4G road network that joins the capital to the Pacific coast ports, which are strategic to the country’s economy. IDB Invest Vía 40 Express IDB Invest Lara Manzano, Ricardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Transport 77366700 77366700 77366700 Vía 40 Express Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12261-01 IDB Invest The Project consists of a uncommitted line of credit for US $ 50 million ("Facility") to discount the invoices originated from the program of Otecel S.A. (the "Company" or "Movistar Ecuador") to finance the subscribers for the purchase of mobile devices. The Facility will have an availability period of 48 months. The Invoices have a repayment period of 24 months. Under the Facility, IDB Invest will establish a trust that will acquire, in its sole discretion, the contracts and invoices from the mobile device financing program. The Project seeks to support the adoption and use of new handsets that allow the final subscribers of Movistar Ecuador to access the broadband service. Greater access to broadband has a positive impact on economic development since broadband penetration facilitates the creation of jobs, promotes the creation of businesses, increases productivity, and positively impacts per capita growth. However, there are important barriers to broader broadband adoption, one of which is the cost of acquiring equipment and technologies that allow end users to use broadband. The proposed Project is one of the ways that IDB Invest will seek to address this barrier. The Project consists of a uncommitted line of credit for US $ 50 million ("Facility") to discount the invoices originated from the program of Otecel S.A. (the "Company" or "Movistar Ecuador") to finance the subscribers for the purchase of mobile devices. The Facility will have an availability period of 48 months. The Invoices have a repayment period of 24 months. Under the Facility, IDB Invest will establish a trust that will acquire, in its sole discretion, the contracts and invoices from the mobile device financing program. The Project seeks to support the adoption and use of new handsets that allow the final subscribers of Movistar Ecuador to access the broadband service. Greater access to broadband has a positive impact on economic development since broadband penetration facilitates the creation of jobs, promotes the creation of businesses, increases productivity, and positively impacts per capita growth. However, there are important barriers to broader broadband adoption, one of which is the cost of acquiring equipment and technologies that allow end users to use broadband. The proposed Project is one of the ways that IDB Invest will seek to address this barrier. IDB Invest Otecel S.A. IDB Invest Vega Aldana, Mario Andres +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Digital Economy 50000000 50000000 50000000 Movistar Ecuador Handset Financing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12216-01 IDB Invest The project, under implementation of Itapoá Terminais Portuários S.A, consists of an expansion on the capacity of the quay and storage yard of the Itapoá Container Port, located in Santa Catarina, Brazil. The current Itapoá port has been operating above its capacity for the last two years and the expansion will allow it to adequate to the current market conditions and more efficiently serve the region.The project includes the following:• Yard expansion from 146k sqm to 296k sqm.• Wharf adequacy from 630m to 800m, in order to receive two ships at the same time• Container handling capacity increase from ~510,000 to ~1.2 mm TEUsThe financing from the IDB Group will consist of either one or two A Loans for an aggregate amount of up to one hundred and fifty million Brazilian Reais (RS$ 150,000,000), each to be funded by IDB Invest and/or the IDB. The project, under implementation of Itapoá Terminais Portuários S.A, consists of an expansion on the capacity of the quay and storage yard of the Itapoá Container Port, located in Santa Catarina, Brazil. The current Itapoá port has been operating above its capacity for the last two years and the expansion will allow it to adequate to the current market conditions and more efficiently serve the region.The project includes the following:• Yard expansion from 146k sqm to 296k sqm.• Wharf adequacy from 630m to 800m, in order to receive two ships at the same time• Container handling capacity increase from ~510,000 to ~1.2 mm TEUsThe financing from the IDB Group will consist of either one or two A Loans for an aggregate amount of up to one hundred and fifty million Brazilian Reais (RS$ 150,000,000), each to be funded by IDB Invest and/or the IDB. IDB Invest Itapoá Terminais Portuários S.A IDB Invest Antunes Castanho, Rafael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Transport Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12160-01 IDB Invest The project consists of the execution of works and services aimed at increasing the capacity of water supply and the efficiency of the water production system to the population of two major regions in the city of Belem, Para (the “Project”). The Project was awarded through a public tender and awarded to the Company by the State of Para Sanitation Company (Cosanpa or the “Grantor”). The total Project costs are estimated to be R$ 303,956,000. The project consists of the execution of works and services aimed at increasing the capacity of water supply and the efficiency of the water production system to the population of two major regions in the city of Belem, Para (the “Project”). The Project was awarded through a public tender and awarded to the Company by the State of Para Sanitation Company (Cosanpa or the “Grantor”). The total Project costs are estimated to be R$ 303,956,000. IDB Invest Águas Do Guamá Redes De Distribuição E Saneamento Spe, Ltda. IDB Invest Garcia de Paredes, Margarita Raquel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Water and Sanitation Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12276-02 IDB Invest The proposed operation contemplates a Senior Loan of up to US$3 million (the "Loan") to be financed by IDB Invest. The term of the Loan is five years. Loan funds will be used to finance Small and Medium Sized Enterprises ("SMEs") of the productive sector in Chile. The proposed operation contemplates a Senior Loan of up to US$3 million (the "Loan") to be financed by IDB Invest. The term of the Loan is five years. Loan funds will be used to finance Small and Medium Sized Enterprises ("SMEs") of the productive sector in Chile. IDB Invest Banagro S.A. IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 3000000 3000000 3000000 Banagro SME Green Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11606-01 IDB Invest The Seymour Airport, also known as the Galapagos Ecological Airport, on Baltra Island is the airport which attracts the majority of air traffic to the Galapagos. In August 2008, Ecogal was awarded the concession of the Seymour Airport on Baltra Island in Galápagos following an international bidding process. On April 2011, the Dirección General de Aviación Civil (“DGAC”) and Ecogal entered into the concession contract which remains valid until July 2026. The contract includes the obligation of Ecogal to develop, construct and operate the airport in three construction phases of which the first two have already been completed, while the third (consisting of the re-pavement of the entire existing runway and platform) will entail a total investment for approximately US$10.0 million and will be completed by 2021 (the “Capex Plan”). The proposed financing is a senior loan in favor of Ecogal of up to US$22.3 million consisting of an IDB Invest A Loan of up to US$5.0 million and B-Loans of up to US$17.3 million. The funds will be allocated to: (i) finance up to 50% of the Capex Plan (US$5.0 million); (ii) the redemption of the outstanding balance of the bonds issued by the Company in the local market (up to US$6.5 million); (iii) pay closing expense and funding of a 6-month Debt Service Reserve Account (US$2.8 million); and (iv) payment of accrued but unpaid management fees and accrued but unpaid interest of shareholder subordinated loans (US$8.0 million). The Seymour Airport, also known as the Galapagos Ecological Airport, on Baltra Island is the airport which attracts the majority of air traffic to the Galapagos. In August 2008, Ecogal was awarded the concession of the Seymour Airport on Baltra Island in Galápagos following an international bidding process. On April 2011, the Dirección General de Aviación Civil (“DGAC”) and Ecogal entered into the concession contract which remains valid until July 2026. The contract includes the obligation of Ecogal to develop, construct and operate the airport in three construction phases of which the first two have already been completed, while the third (consisting of the re-pavement of the entire existing runway and platform) will entail a total investment for approximately US$10.0 million and will be completed by 2021 (the “Capex Plan”). The proposed financing is a senior loan in favor of Ecogal of up to US$22.3 million consisting of an IDB Invest A Loan of up to US$5.0 million and B-Loans of up to US$17.3 million. The funds will be allocated to: (i) finance up to 50% of the Capex Plan (US$5.0 million); (ii) the redemption of the outstanding balance of the bonds issued by the Company in the local market (up to US$6.5 million); (iii) pay closing expense and funding of a 6-month Debt Service Reserve Account (US$2.8 million); and (iv) payment of accrued but unpaid management fees and accrued but unpaid interest of shareholder subordinated loans (US$8.0 million). IDB Invest Aeropuertos Ecologicos de Galapagos, S.A. IDB Invest Garcia de Paredes, Margarita Raquel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Transport 5000000 5000000 5000000 ECOGAL Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12274-01 IDB Invest Edulink (EDU) and Texas Tech University (TTU) have signed a framework agreement to establish a Texas Tech University satellite campus (TTU-CR) in San Jose, Costa Rica in order to offer mainly undergraduate, postgraduate and certificate programs in English with high quality and high demand careers such as Electrical Engineering, Industrial Engineering, Information Technology, Mathematics and Restaurant Management, and Hotels and Tourism, in Costa Rica. EDU will manage the operations of the university (except for academic), as well as the marketing and student recruitment; and TTU will be responsible for the enrollment of students, the academic offering, accreditation and research activities. The project, Texas Tech University Campus Building ("TTU-CR") in Costa Rica (the "Project") is intended to provide long-term take-out financing of the capital expenditures associated with construction, operation and maintenance of the AE205 building which has been specifically designed for TTU-CR, located on Escazu Avenue (“Avenida Escazú”), Escazu Municipality (Cantón de Escazú), San José, Costa Rica. Avenida Desarrollo Nuevo, S.A. (“ADN”), a subsidiary controlled by Portafolio Inmobiliario, S.A. (“Portafolio”), will own, operate and maintain and sign a master lease agreement with Edubuilding, S.A. who in turn will sub-lease 7 floors plus basement and parking to EDU. The total estimated cost of the Project is estimated US$ 28 million, which will be financed through an "A" loan from the IDB Group of up to US$ 12 million. The financial plan will be completed with the participation of a B-Lenders and/or parallel lenders and through capital contributions. The main interest of the IDB Invest in participating in this innovative project is that TTU-CR is intended to address the growing demand gap for local skilled labor, which industry in Costa Rica is demanding, by specifically targeting high demand careers through tailored degrees, in English, that would create positive trickle-down effects, resulting in additional indirect job opportunities. Moreover, the building and its interior fit-out has been designed and completed taking into consideration sustainable and climate friendly principles and is pending LEED Silver certification for the exterior and LEED Platinum for the interior.The Project has been developed within Avenida Ezcazu, a premier lifestyle center in Central America, combining work, entertainment, dining, living and open spaces in a fun and safe environment. This AE205 building has 7 floors, plus basement floor and parking, of approximately 13,476 m2 of gross leasable area (GLA), pending LEED Silver certified facility. TTU-CR will occupy 11,521 m2, approximately 85% of the total GLA. Edulink (EDU) and Texas Tech University (TTU) have signed a framework agreement to establish a Texas Tech University satellite campus (TTU-CR) in San Jose, Costa Rica in order to offer mainly undergraduate, postgraduate and certificate programs in English with high quality and high demand careers such as Electrical Engineering, Industrial Engineering, Information Technology, Mathematics and Restaurant Management, and Hotels and Tourism, in Costa Rica. EDU will manage the operations of the university (except for academic), as well as the marketing and student recruitment; and TTU will be responsible for the enrollment of students, the academic offering, accreditation and research activities. The project, Texas Tech University Campus Building ("TTU-CR") in Costa Rica (the "Project") is intended to provide long-term take-out financing of the capital expenditures associated with construction, operation and maintenance of the AE205 building which has been specifically designed for TTU-CR, located on Escazu Avenue (“Avenida Escazú”), Escazu Municipality (Cantón de Escazú), San José, Costa Rica. Avenida Desarrollo Nuevo, S.A. (“ADN”), a subsidiary controlled by Portafolio Inmobiliario, S.A. (“Portafolio”), will own, operate and maintain and sign a master lease agreement with Edubuilding, S.A. who in turn will sub-lease 7 floors plus basement and parking to EDU. The total estimated cost of the Project is estimated US$ 28 million, which will be financed through an "A" loan from the IDB Group of up to US$ 12 million. The financial plan will be completed with the participation of a B-Lenders and/or parallel lenders and through capital contributions. The main interest of the IDB Invest in participating in this innovative project is that TTU-CR is intended to address the growing demand gap for local skilled labor, which industry in Costa Rica is demanding, by specifically targeting high demand careers through tailored degrees, in English, that would create positive trickle-down effects, resulting in additional indirect job opportunities. Moreover, the building and its interior fit-out has been designed and completed taking into consideration sustainable and climate friendly principles and is pending LEED Silver certification for the exterior and LEED Platinum for the interior.The Project has been developed within Avenida Ezcazu, a premier lifestyle center in Central America, combining work, entertainment, dining, living and open spaces in a fun and safe environment. This AE205 building has 7 floors, plus basement floor and parking, of approximately 13,476 m2 of gross leasable area (GLA), pending LEED Silver certified facility. TTU-CR will occupy 11,521 m2, approximately 85% of the total GLA. IDB Invest Avenida Desarrollo Nuevo, S.A., Edubuilding, S.A. and EduLink, S.A. IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Social Infrastructure 12067200 12067200 12067200 Texas Tech University Costa Rica Campus Building Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12379-02 IDB Invest COMPANEX COMPANEX IDB Invest Companex S.A. IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Manufacturing 5000000 5000000 5000000 COMPANEX Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12295-01 IDB Invest The proposed transaction consists of a financing facility of up to US$15 million to be provided to Belize Sugar Industries (BSI), incorporating (i) a US$10 million senior secured loan with a tenor of up to six years, including a 1-year grace period and, (ii) a US$5 million uncommitted line of credit with a tenor of up to 3 years with annual disbursements and clean-ups (the "Loan"). The Loan will finance (i) the investment required to switch from producing mostly raw sugars to producing more direct-consumption (DC) sugars and, (ii) working capital needs of the company (the “Project”). The investment plan will mitigate the drop of raw sugar prices in the European Union (EU), BSI’s main export market, to around international sugar prices due to the lifting of quota restrictions on domestic beet production in October 2017. The Project will allow BSI to produce and market products at higher prices, to be sold in Europe and other international markets, mainly through related companies with ample distribution and commercialization networks. The higher prices of sugar received will also be transferred as an economic benefit to BSI’s supply chain, small and medium-sized sugarcane farmers. BSI, established in 1963, and controlled by ASR Group International, Inc. (ASR) since 2012, is the main sugar mill and sugar exporter of Belize. In addition, BSI also owns and operates a 31.5 MW cogeneration energy power plant (Belcogen) for auto-consumption and sale of energy to the national public grid, providing around 15% of the country’s energy needs. In 2017, BSI milled 1.3 million tons of sugarcane and produced 144,000 tons of sugar, 40,000 tons of molasses and 70,000 MWh of energy. The proposed transaction consists of a financing facility of up to US$15 million to be provided to Belize Sugar Industries (BSI), incorporating (i) a US$10 million senior secured loan with a tenor of up to six years, including a 1-year grace period and, (ii) a US$5 million uncommitted line of credit with a tenor of up to 3 years with annual disbursements and clean-ups (the "Loan"). The Loan will finance (i) the investment required to switch from producing mostly raw sugars to producing more direct-consumption (DC) sugars and, (ii) working capital needs of the company (the “Project”). The investment plan will mitigate the drop of raw sugar prices in the European Union (EU), BSI’s main export market, to around international sugar prices due to the lifting of quota restrictions on domestic beet production in October 2017. The Project will allow BSI to produce and market products at higher prices, to be sold in Europe and other international markets, mainly through related companies with ample distribution and commercialization networks. The higher prices of sugar received will also be transferred as an economic benefit to BSI’s supply chain, small and medium-sized sugarcane farmers. BSI, established in 1963, and controlled by ASR Group International, Inc. (ASR) since 2012, is the main sugar mill and sugar exporter of Belize. In addition, BSI also owns and operates a 31.5 MW cogeneration energy power plant (Belcogen) for auto-consumption and sale of energy to the national public grid, providing around 15% of the country’s energy needs. In 2017, BSI milled 1.3 million tons of sugarcane and produced 144,000 tons of sugar, 40,000 tons of molasses and 70,000 MWh of energy. IDB Invest Belize Sugar Industries Limited (“BSI”) IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Belize Belize Agribusiness 15000000 15000000 15000000 Belize Sugar Industries Limited Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12491-01 IDB Invest The Project consists of an uncommitted receivables purchase facility for US$100 million ("Facility") to sell mobile phone handset receivables originated by Telefonica Móviles Chile S.A. (the "Company" or "Movistar Chile"). The Facility will have an availability period of 48 months. The receivables have a repayment period of up to 24 months from the issuance date of the lease contract. Under the Facility, IDB Invest shall purchase, in its sole discretion, the mobile phone handset receivables. The Project seeks to support the adoption and use of smartphones that allow the final subscribers of Movistar Chile to access to data services. Greater access to data services has a positive impact on economic development since broadband penetration facilitates the creation of jobs, promotes the creation of businesses, increases productivity, and positively impacts per capita growth. However, there are important barriers to deal with dramatic growth in data uses, one of which is the cost of acquiring equipment and technologies that allow end users to use Internet services. The proposed Project is one of the ways that IDB Invest will seek to address this barrier. The Project consists of an uncommitted receivables purchase facility for US$100 million ("Facility") to sell mobile phone handset receivables originated by Telefonica Móviles Chile S.A. (the "Company" or "Movistar Chile"). The Facility will have an availability period of 48 months. The receivables have a repayment period of up to 24 months from the issuance date of the lease contract. Under the Facility, IDB Invest shall purchase, in its sole discretion, the mobile phone handset receivables. The Project seeks to support the adoption and use of smartphones that allow the final subscribers of Movistar Chile to access to data services. Greater access to data services has a positive impact on economic development since broadband penetration facilitates the creation of jobs, promotes the creation of businesses, increases productivity, and positively impacts per capita growth. However, there are important barriers to deal with dramatic growth in data uses, one of which is the cost of acquiring equipment and technologies that allow end users to use Internet services. The proposed Project is one of the ways that IDB Invest will seek to address this barrier. IDB Invest Telefónica Móviles Chile S.A. IDB Invest Beretta Tassano, Patricio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Digital Economy 180000000 180000000 180000000 Mobile Handset Receivables Purchase Facility Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12392-01 IDB Invest This project involves the underwriting of subordinated bonds for up to US$13 million to be issued by Banco PICHINCHA via a private offering. The subordinated bond issue will have a 10-year term, with eight years grace. Proceeds from the subordinated bonds will be used to grow Banco PICHINCHA’s microfinance portfolio. Banco PICHINCHA is a financial institution chartered in Peru that belongs to Grupo Pichincha of Ecuador. It is a multipurpose bank with a small share—2.7%—of the Peruvian financial system, positioning it in seventh place. The Bank’s business model is based on products and services provided to four market segments: 45% small and medium-sized businesses; 31% consumption (geared toward low- and medium-income segments); 15% mortgages; and 9% microenterprises. IDB Invest’s commitment to purchase the bonds would be subject to certain conditions, including the company agreeing to comply with IDB Invest environmental and social policies while IDB Invest holds the securities. This project involves the underwriting of subordinated bonds for up to US$13 million to be issued by Banco PICHINCHA via a private offering. The subordinated bond issue will have a 10-year term, with eight years grace. Proceeds from the subordinated bonds will be used to grow Banco PICHINCHA’s microfinance portfolio. Banco PICHINCHA is a financial institution chartered in Peru that belongs to Grupo Pichincha of Ecuador. It is a multipurpose bank with a small share—2.7%—of the Peruvian financial system, positioning it in seventh place. The Bank’s business model is based on products and services provided to four market segments: 45% small and medium-sized businesses; 31% consumption (geared toward low- and medium-income segments); 15% mortgages; and 9% microenterprises. IDB Invest’s commitment to purchase the bonds would be subject to certain conditions, including the company agreeing to comply with IDB Invest environmental and social policies while IDB Invest holds the securities. IDB Invest Banco PICHINCHA IDB Invest Vega Montoro, Henry William +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 13000000 13000000 13000000 Banco PICHINCHA Peru Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11858-02 IDB Invest The objective of this transaction is to increase access to financing for small and medium size enterprises (“SMEs”) in the Dominican Republic by supporting the growth of Banco Santa Cruz’s SME portfolio. To do this, IDB Invest is proposing a Senior Unsecured Loan of approximately US$20 million to Banco Santa Cruz, with a term of up to four (4) years (the “Project”). The objective of this transaction is to increase access to financing for small and medium size enterprises (“SMEs”) in the Dominican Republic by supporting the growth of Banco Santa Cruz’s SME portfolio. To do this, IDB Invest is proposing a Senior Unsecured Loan of approximately US$20 million to Banco Santa Cruz, with a term of up to four (4) years (the “Project”). IDB Invest Banco Santa Cruz IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Financial Institutions 20000000 20000000 20000000 Banco Santa Cruz SME Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11881-02 IDB Invest The objective of this transaction is to increase access to financing for small and medium enterprises (“SMEs”) and female retail clients in Panama, by creating and implementing a holistic value proposition which will support the growth of Global Bank’s women and SME portfolios. To do this, IDB Invest is proposing a Senior Unsecured Loan of approximately US$ 160 million to Global Bank Corporation (“Global Bank” or “GBC”) comprised by (i) A Loan of up to US$60 million to be funded by IDB Invest; and (ii) IDB Invest B Loan expected to be of approximately US$100 million, to be funded through the sale of participations to commercial lenders (the “Project”). The term of the IDB Invest A Loan is up to four years, including one year of grace. The objective of this transaction is to increase access to financing for small and medium enterprises (“SMEs”) and female retail clients in Panama, by creating and implementing a holistic value proposition which will support the growth of Global Bank’s women and SME portfolios. To do this, IDB Invest is proposing a Senior Unsecured Loan of approximately US$ 160 million to Global Bank Corporation (“Global Bank” or “GBC”) comprised by (i) A Loan of up to US$60 million to be funded by IDB Invest; and (ii) IDB Invest B Loan expected to be of approximately US$100 million, to be funded through the sale of participations to commercial lenders (the “Project”). The term of the IDB Invest A Loan is up to four years, including one year of grace. IDB Invest Global Bank Corporation IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 30000000 30000000 30000000 Global Bank SME and Gender Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12166-01 IDB Invest The transaction consists of a senior loan for a period of 7 years in the amount of R$120 million Brazilian reais to a group of service provider companies that belong to Triple Play Brasil Participações S.A. The purpose is to finance: (a) capital related to the expansion and/or modernization of the company’s existing network, (b) business development costs and (c) general corporate uses. Triple Play Brasil Participações S.A. is a regional provider of bundled television, broadband and landline telephony services (“triple play”) in the northeastern (states of Rio Grande do Norte and Ceará) and southeastern (states of São Paulo and Minas Gerais) regions of Brazil. The company operates under five brand names: Cabo Telecom in Natal, Multiplay and Tecnet in Fortaleza, Alegra in São João de Boa Vista, and Direta, in Guaxupé. The transaction consists of a senior loan for a period of 7 years in the amount of R$120 million Brazilian reais to a group of service provider companies that belong to Triple Play Brasil Participações S.A. The purpose is to finance: (a) capital related to the expansion and/or modernization of the company’s existing network, (b) business development costs and (c) general corporate uses. Triple Play Brasil Participações S.A. is a regional provider of bundled television, broadband and landline telephony services (“triple play”) in the northeastern (states of Rio Grande do Norte and Ceará) and southeastern (states of São Paulo and Minas Gerais) regions of Brazil. The company operates under five brand names: Cabo Telecom in Natal, Multiplay and Tecnet in Fortaleza, Alegra in São João de Boa Vista, and Direta, in Guaxupé. IDB Invest Cabo Serviços de Telecomunicações Ltda. and Videomar Rede Nordeste S.A. IDB Invest Antunes Castanho, Rafael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Digital Economy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12453-01 / 12454-01 / 12296-02 IDB Invest The Project consists of an uncommitted receivable purchase facility individually set up for Telefónica de Costa Rica TC, S.A.; Telefónica Móviles Guatemala, S.A. and Telefónica Móviles Panamá, S.A. (“Telefonica Centroamérica” or “Movistar”) for up to US$14 million, US$5 million and US$5 million respectively (the "Facility") to sell mobile phone handset receivables originated by Movistar. The Facility will have an availability period of 48 months. The receivables have a repayment period of up to 24 months from the issuance date of the handset contract. Under the Facility, IDB Invest shall purchase, in its sole discretion, the mobile phone handset receivables. The Project seeks to support the adoption and use of smartphones that allow the final subscribers of Telefónica Centroamérica to access to data services. Greater access to data services has a positive impact on economic development since broadband penetration facilitates the creation of jobs, promotes the creation of business, increases productivity, and positively impacts per capita growth. However, there are important barriers to deal with dramatic growth in data uses, one of which is the cost of acquiring equipment and technologies that allow end users to use Internet services. The proposed Project is one of the ways that IDB Invest will seek to address this barrier. The Project consists of an uncommitted receivable purchase facility individually set up for Telefónica de Costa Rica TC, S.A.; Telefónica Móviles Guatemala, S.A. and Telefónica Móviles Panamá, S.A. (“Telefonica Centroamérica” or “Movistar”) for up to US$14 million, US$5 million and US$5 million respectively (the "Facility") to sell mobile phone handset receivables originated by Movistar. The Facility will have an availability period of 48 months. The receivables have a repayment period of up to 24 months from the issuance date of the handset contract. Under the Facility, IDB Invest shall purchase, in its sole discretion, the mobile phone handset receivables. The Project seeks to support the adoption and use of smartphones that allow the final subscribers of Telefónica Centroamérica to access to data services. Greater access to data services has a positive impact on economic development since broadband penetration facilitates the creation of jobs, promotes the creation of business, increases productivity, and positively impacts per capita growth. However, there are important barriers to deal with dramatic growth in data uses, one of which is the cost of acquiring equipment and technologies that allow end users to use Internet services. The proposed Project is one of the ways that IDB Invest will seek to address this barrier. IDB Invest (a) Telefónica de Costa Rica TC, S.A.; (b) Telefónica Móviles Panamá, S.A.; and (c) Telefónica Móviles Guatemala, S.A. IDB Invest Edgar Cabañas +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Digital Economy 14000000 14000000 14000000 Telefónica Movistar Handset Financing in Costa Rica; Panamá and Guatemala Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12249-01 IDB Invest IDB Invest financing will permit improvements and the expansion in the sanitation services infrastructure for 15 municipalities in the Metropolitan Region of Recife by installing sewage treatment plants and pumping stations, increasing the number of residences connected to the sanitation system and adding approximately 440 km of new sewage collection pipeline, along with investments in improvements to existing sewage treatment plants. The financing includes portions of investments already made and yet to be made between 2013 and 2019 (“Cycle I”), as well as some of the investments that are to be made between 2019 and 2023 (“Cycle II”), under the Administrative Concession Contract signed in 2013 by BRK Ambiental – Região Metropolitana do Recife/Goiana SPE S.A. and Companhia Pernambucana de Saneamento S.A. Total investment, which includes the Cycles I and II, amounts to R$1,245,000,000. It will be co-financed by IDB Invest through a 20-year long-term loan of up to R$342,000,000, by a loan now being negotiated with Banco do Nordeste do Brasil (BNB) of approximately R$634,500,000 for the same term, as well as a loan obtained in 2013 from Caixa Econômica Federal - using funds from the program Sanitation for All - in the amount of R$235,669,187.17, and sums from the Fundo de Desenvolvimento do Nordeste in the amount of R$415,582,562.52. The terms of the latter two loans are 23 years and 20 years, respectively. This project is the first IDB Invest loan made for a sanitation concession in Brazil and will help increase sanitation coverage in the region from 30% to 90% over the next 20 years, thereby ensuring that ultimately 100% of the effluent collected in the served area will be treated, thus directly benefiting approximately four million people. IDB Invest financing will permit improvements and the expansion in the sanitation services infrastructure for 15 municipalities in the Metropolitan Region of Recife by installing sewage treatment plants and pumping stations, increasing the number of residences connected to the sanitation system and adding approximately 440 km of new sewage collection pipeline, along with investments in improvements to existing sewage treatment plants. The financing includes portions of investments already made and yet to be made between 2013 and 2019 (“Cycle I”), as well as some of the investments that are to be made between 2019 and 2023 (“Cycle II”), under the Administrative Concession Contract signed in 2013 by BRK Ambiental – Região Metropolitana do Recife/Goiana SPE S.A. and Companhia Pernambucana de Saneamento S.A. Total investment, which includes the Cycles I and II, amounts to R$1,245,000,000. It will be co-financed by IDB Invest through a 20-year long-term loan of up to R$342,000,000, by a loan now being negotiated with Banco do Nordeste do Brasil (BNB) of approximately R$634,500,000 for the same term, as well as a loan obtained in 2013 from Caixa Econômica Federal - using funds from the program Sanitation for All - in the amount of R$235,669,187.17, and sums from the Fundo de Desenvolvimento do Nordeste in the amount of R$415,582,562.52. The terms of the latter two loans are 23 years and 20 years, respectively. This project is the first IDB Invest loan made for a sanitation concession in Brazil and will help increase sanitation coverage in the region from 30% to 90% over the next 20 years, thereby ensuring that ultimately 100% of the effluent collected in the served area will be treated, thus directly benefiting approximately four million people. IDB Invest BRK Ambiental – Região Metropolitana do Recife/Goiania SPE S.A. IDB Invest Vieira Pereira de Almeida, Tomas +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Water and Sanitation 43079300 43079300 43079300 BRK/RMR W&S Project in Recife Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12440-01 IDB Invest The project consists of an investment of up to US$30 million in a maximum 5-year term sustainable bond to be issued by Banco de Inversión y Comercio Exterior S.A. (“BICE”). Issue of this sustainable bond will be the first of its kind in Argentina; the proceeds will be used to finance projects with high positive environmental and social impact in the country. The project consists of an investment of up to US$30 million in a maximum 5-year term sustainable bond to be issued by Banco de Inversión y Comercio Exterior S.A. (“BICE”). Issue of this sustainable bond will be the first of its kind in Argentina; the proceeds will be used to finance projects with high positive environmental and social impact in the country. IDB Invest Banco de Inversión y Comercio Exterior, S.A. (“BICE”) IDB Invest Patti, Lucila Andrea +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions 12000000 12000000 12000000 BICE Sustainable Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12457-01 IDB Invest The project’s objective is to support Banco Bolivariano in providing financing to small and medium-sized enterprises (SMEs) whose main activities are focused on the sectors related to economic integration, commerce and the value chain and to promote the expansion of a specialized green credit line for SMEs. To achieve this objective, IDB Invest proposes to grant a loan of up to US$30 million with a term of up to six years. The project also includes a technical assistance (“TA”) to provide diagnostic tools, training and support to Banco Bolivariano with the goal of improving and promoting green lending for SMEs. The project’s objective is to support Banco Bolivariano in providing financing to small and medium-sized enterprises (SMEs) whose main activities are focused on the sectors related to economic integration, commerce and the value chain and to promote the expansion of a specialized green credit line for SMEs. To achieve this objective, IDB Invest proposes to grant a loan of up to US$30 million with a term of up to six years. The project also includes a technical assistance (“TA”) to provide diagnostic tools, training and support to Banco Bolivariano with the goal of improving and promoting green lending for SMEs. IDB Invest Banco Bolivariano IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 15000000 15000000 15000000 Banco Bolivariano Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12254-02 IDB Invest The proposed transaction consists of an unsecured financing to Banca Afirme, S.A., Institución de Banca Múltiple, (“Afirme” or the “Bank”) denominated in Mexican Pesos (“MXN”) for an amount of up to MXN600 million or up to the equivalent to US$30million with a tenor of up to four years. The purpose of the Project is to support the growth of the Bank’s Small and Medium-Sized Enterprises (“SMEs”) portfolio with an emphasis on green lending projects. In addition, IDB Invest engagement will include advisory services to support the client in building a top-notch environmental and social management system, a system to adequately classify green lending projects, and advisory to strengthen internal capacities in order to generate a strong pipeline of green projects and position the Bank as a market leader in green lending. The proposed transaction consists of an unsecured financing to Banca Afirme, S.A., Institución de Banca Múltiple, (“Afirme” or the “Bank”) denominated in Mexican Pesos (“MXN”) for an amount of up to MXN600 million or up to the equivalent to US$30million with a tenor of up to four years. The purpose of the Project is to support the growth of the Bank’s Small and Medium-Sized Enterprises (“SMEs”) portfolio with an emphasis on green lending projects. In addition, IDB Invest engagement will include advisory services to support the client in building a top-notch environmental and social management system, a system to adequately classify green lending projects, and advisory to strengthen internal capacities in order to generate a strong pipeline of green projects and position the Bank as a market leader in green lending. IDB Invest Banca Afirme, S.A., Institución de Banca Múltiple IDB Invest Simon Mugica, Armando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 15499600 15499600 15499600 Banca Afirme - PYMEs Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12493-01 IDB Invest IDB Invest's operation consists of a loan in favor of Agripac S.A. ("Agripac" or "The Company") for up to US$20 million with an eight-year term and guarantee on the land and industrial balanced feed and pet food facilities. The funds from the loan will be used to finance: (i) a new line of pet food and a palletizing and bagging robot for balanced shrimp feed; (ii) acquisition of land for logistical improvements in the sale and storage of finished products; (iii) construction of corn storage silos and warehouses for soybean paste storage; (iv) expansion to new points of sale in Ecuador; and (v) implementation of SAP Logistics aligned with Agripac's digitalization strategy. IDB Invest's operation consists of a loan in favor of Agripac S.A. ("Agripac" or "The Company") for up to US$20 million with an eight-year term and guarantee on the land and industrial balanced feed and pet food facilities. The funds from the loan will be used to finance: (i) a new line of pet food and a palletizing and bagging robot for balanced shrimp feed; (ii) acquisition of land for logistical improvements in the sale and storage of finished products; (iii) construction of corn storage silos and warehouses for soybean paste storage; (iv) expansion to new points of sale in Ecuador; and (v) implementation of SAP Logistics aligned with Agripac's digitalization strategy. IDB Invest Agripac S.A IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Agribusiness 20000000 20000000 20000000 Agripac III Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12275-01 IDB Invest West Resort S.A. (the "Borrower") is a special-purpose vehicle established for the development, construction and operation of a 118-room hotel affiliated with the Viceroy Hotel Group ("Viceroy") brand in Bocas del Toro, Panama (hereinafter the "Project" or the "Hotel"). This proposed Hotel will be developed by Starfish Ocean Investment S.A. and Corvan Ventures Ltd. (The “Sponsors”), investment vehicles established for the development of the Project. The sponsoring entities' investors have more than 40 years of experience in the real estate sector in Latin America, Europe and Asia, and have built more than 500,000 m2 of buildings including shopping centers, offices, warehouses and residential condos. The development team has extensive experience in the hotel sector, especially in the operation of hotels in Europe and the development of resorts in Central America. The Hotel will be developed in an approximately 10-hectare lot that is part of Casi Cielo’s master plan, a lot of approximately 185 hectares that considers other tourism uses. The Hotel will have several restaurants and bars, meeting rooms, a spa and a wide variety of complementary recreational services. The Project’s total cost will amount up to $95.8 million and will be financed with a combination of the sponsor's capital stock and a loan from IDB Invest and a co-lender. IDB Invest will provide a loan of up to $38.3 million, structured as a 13-year senior secured loan. The proposed financing is aligned with IDB Invest's mandate, as it contemplates a sustainable tourism transaction on a greenfield site. The Project will contribute to the economic development of the Bocas del Toro region through the generation of direct and indirect employment, training and education of members of the surrounding communities, and the integration of local farmers and small businesses into the tourism value chain. In addition, the Project will implement sustainability initiatives that will become an example for future projects in the area. West Resort S.A. (the "Borrower") is a special-purpose vehicle established for the development, construction and operation of a 118-room hotel affiliated with the Viceroy Hotel Group ("Viceroy") brand in Bocas del Toro, Panama (hereinafter the "Project" or the "Hotel"). This proposed Hotel will be developed by Starfish Ocean Investment S.A. and Corvan Ventures Ltd. (The “Sponsors”), investment vehicles established for the development of the Project. The sponsoring entities' investors have more than 40 years of experience in the real estate sector in Latin America, Europe and Asia, and have built more than 500,000 m2 of buildings including shopping centers, offices, warehouses and residential condos. The development team has extensive experience in the hotel sector, especially in the operation of hotels in Europe and the development of resorts in Central America. The Hotel will be developed in an approximately 10-hectare lot that is part of Casi Cielo’s master plan, a lot of approximately 185 hectares that considers other tourism uses. The Hotel will have several restaurants and bars, meeting rooms, a spa and a wide variety of complementary recreational services. The Project’s total cost will amount up to $95.8 million and will be financed with a combination of the sponsor's capital stock and a loan from IDB Invest and a co-lender. IDB Invest will provide a loan of up to $38.3 million, structured as a 13-year senior secured loan. The proposed financing is aligned with IDB Invest's mandate, as it contemplates a sustainable tourism transaction on a greenfield site. The Project will contribute to the economic development of the Bocas del Toro region through the generation of direct and indirect employment, training and education of members of the surrounding communities, and the integration of local farmers and small businesses into the tourism value chain. In addition, the Project will implement sustainability initiatives that will become an example for future projects in the area. IDB Invest West Resort S.A. IDB Invest Wright, Stefan C.M. +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Tourism 37200000 37200000 37200000 West Resort Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12467-01 IDB Invest Inmobiliaria Hondureña del Valle S.A. de C.V. (“INHDELVA”) is one of the main Duty-Free Zones in Honduras, it has a constructed area of approximately 146,300 m2 that mainly houses international companies engaged in light manufacturing, yarn and logistics among other activities. It has been in operation since 1989 and is contemplating investing in the extension of its industrial roof and the installation of solar panels for its own renewable energy consumption. IDB Invest is considering granting a long-term loan to finance the solar park installation, with a capacity of up to 6.48 MWp (8,374 MWh/year). A first loss guarantee is expected to be granted for this project under the SREP (Honduran Self-Supply Renewable Energy Guarantee Program) of up to $1.25 million as well as a possible mixed funding instrument. The proposed financing takes into consideration the following objectives: (i) To support one of the country’s main Duty-Free zones generate solar energy for the self-supply of its clients, thereby improving competitiveness as energy costs are a determining factor in the appeal of DFI to the textile and manufacturing sector; (ii) to reduce greenhouse gas (GHG) emissions by up to 5,182 Ton CO2/year; (iii) to contribute to an energy storage study with the use of batteries to avoid demand peaks; and (iv) the creation of jobs through the execution of the project, and transfer knowledge to the local market through technical assistance. Inmobiliaria Hondureña del Valle S.A. de C.V. (“INHDELVA”) is one of the main Duty-Free Zones in Honduras, it has a constructed area of approximately 146,300 m2 that mainly houses international companies engaged in light manufacturing, yarn and logistics among other activities. It has been in operation since 1989 and is contemplating investing in the extension of its industrial roof and the installation of solar panels for its own renewable energy consumption. IDB Invest is considering granting a long-term loan to finance the solar park installation, with a capacity of up to 6.48 MWp (8,374 MWh/year). A first loss guarantee is expected to be granted for this project under the SREP (Honduran Self-Supply Renewable Energy Guarantee Program) of up to $1.25 million as well as a possible mixed funding instrument. The proposed financing takes into consideration the following objectives: (i) To support one of the country’s main Duty-Free zones generate solar energy for the self-supply of its clients, thereby improving competitiveness as energy costs are a determining factor in the appeal of DFI to the textile and manufacturing sector; (ii) to reduce greenhouse gas (GHG) emissions by up to 5,182 Ton CO2/year; (iii) to contribute to an energy storage study with the use of batteries to avoid demand peaks; and (iv) the creation of jobs through the execution of the project, and transfer knowledge to the local market through technical assistance. IDB Invest Inmobiliaria Hondureña del Valle S.A. de C.V. IDB Invest Coello Paz, Mariana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Unspecified 5000000 5000000 5000000 Kattan Group Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12444-01 IDB Invest Negocio Agrícola San Enrique, SA de C.V (“NASE”), located in the Northwest of Mexico, is a company with 25 years of experience in the horticultural sector, engaged in the production of organic and non-organic tomatoes, peppers, table grapes, nuts (pecan), strawberries, blackberries, and farmed shrimp, with a focus on the export market (90% of sales). NASE was born 50 years ago out of the Mazón family's agricultural business, which focused on the production of oranges, nuts, wheat, and chickpeas. Today, agricultural and aquacultural production is mainly located in the States of Sonora (near Hermosillo), Southern Baja California (near Melitón and Vizcaíno), Nayarit (shrimp farms), and on a smaller scale, in Culiacán, where mostly feed grain is still produced. NASE has driven its geographic diversification and constant operational growth through the purchase of new properties and water permits, thus achieving a greater market share and greater operating profit. NASE initially relied on 650 hectares for production, and now manages more than 4,962 hectares on 6,500 hectares of owned land. It is one of the leading Mexican groups in the production of tomatoes, peppers, and walnuts, a very fragmented sector. Tomatoes and peppers are produced using medium technology shade mesh. This type of production is carried out in regions where the climate allows it and highly technified greenhouses (glass) are not needed. NASE sells all its produce fresh. Vegetables are packaged on-site and sent to the American market. Walnuts undergo additional processing after the harvest and are then sent unhusked, mainly to the Asian market. As for the shrimp, it is sold in frozen portions in the Mexican and export markets. One of NASE's competitive advantages is its ability to produce throughout the year, especially during the winter season, since in general, during this period, open field vegetable production is only possible in Sinaloa, Mexico (mainly tomato), and in Florida, USA. This situation makes it possible for NASE to access the market when prices are higher in the US and Mexico. The proposed financing consists of a Committed Revolving Line without guarantee for US$ 15 million for a term of three years, with annual amortizations (“clean-ups”). The aim of this transaction is to substitute the credit lines from fertilizer and agricultural input suppliers, thereby extending the current term of only 180 days, which does not match the production cycles (between 180 days and more than 300 days for walnuts), to 360 days[1]. The financing will be used as working capital, mainly for the purchase of raw materials such as seeds, fertilizers, and for various agricultural works, as well as for purchasing inputs and financing works in the production of farmed shrimp (hereinafter “the Project”). The Project is consistent with IDB's regional strategy for Mexico, which focuses on stimulating the productivity of companies, potentiating the development of the economy and rural communities, and promoting sustainable business models by identifying competitive players in the region. [1] Today, the company relies on long-term bank financing with a working capital component, which has to be liquidated within 180 days. However, the company needs longer terms than the current scheme allows. Negocio Agrícola San Enrique, SA de C.V (“NASE”), located in the Northwest of Mexico, is a company with 25 years of experience in the horticultural sector, engaged in the production of organic and non-organic tomatoes, peppers, table grapes, nuts (pecan), strawberries, blackberries, and farmed shrimp, with a focus on the export market (90% of sales). NASE was born 50 years ago out of the Mazón family's agricultural business, which focused on the production of oranges, nuts, wheat, and chickpeas. Today, agricultural and aquacultural production is mainly located in the States of Sonora (near Hermosillo), Southern Baja California (near Melitón and Vizcaíno), Nayarit (shrimp farms), and on a smaller scale, in Culiacán, where mostly feed grain is still produced. NASE has driven its geographic diversification and constant operational growth through the purchase of new properties and water permits, thus achieving a greater market share and greater operating profit. NASE initially relied on 650 hectares for production, and now manages more than 4,962 hectares on 6,500 hectares of owned land. It is one of the leading Mexican groups in the production of tomatoes, peppers, and walnuts, a very fragmented sector. Tomatoes and peppers are produced using medium technology shade mesh. This type of production is carried out in regions where the climate allows it and highly technified greenhouses (glass) are not needed. NASE sells all its produce fresh. Vegetables are packaged on-site and sent to the American market. Walnuts undergo additional processing after the harvest and are then sent unhusked, mainly to the Asian market. As for the shrimp, it is sold in frozen portions in the Mexican and export markets. One of NASE's competitive advantages is its ability to produce throughout the year, especially during the winter season, since in general, during this period, open field vegetable production is only possible in Sinaloa, Mexico (mainly tomato), and in Florida, USA. This situation makes it possible for NASE to access the market when prices are higher in the US and Mexico. The proposed financing consists of a Committed Revolving Line without guarantee for US$ 15 million for a term of three years, with annual amortizations (“clean-ups”). The aim of this transaction is to substitute the credit lines from fertilizer and agricultural input suppliers, thereby extending the current term of only 180 days, which does not match the production cycles (between 180 days and more than 300 days for walnuts), to 360 days[1]. The financing will be used as working capital, mainly for the purchase of raw materials such as seeds, fertilizers, and for various agricultural works, as well as for purchasing inputs and financing works in the production of farmed shrimp (hereinafter “the Project”). The Project is consistent with IDB's regional strategy for Mexico, which focuses on stimulating the productivity of companies, potentiating the development of the economy and rural communities, and promoting sustainable business models by identifying competitive players in the region. [1] Today, the company relies on long-term bank financing with a working capital component, which has to be liquidated within 180 days. However, the company needs longer terms than the current scheme allows. IDB Invest Negocio Agrícola San Enrique, S.A. de C.V. IDB Invest Aguirre Hernandez, Alma Iliana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 15000000 15000000 15000000 NASE Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12110-01 IDB Invest IDB Invest financing will allow for the expansion and improvement of approximately 371 kilometers of state highway, connecting metropolitan Belo Horizonte to the municipality of São Sebastião do Paraíso at the border with the state of São Paulo (the “Project”). The highway network cuts directly through 22 municipalities in Minas Gerais and influences 50 cities, home to 1.3 million inhabitants (i.e., 7.4% of the state’s population). It is estimated that 7.7% of Minas Gerais’ GDP (Gross Domestic Product) is concentrated in the MG-050 system catchment area. The investment program, during the 25 years of the concession period, consists in the expansion and improvement of the existing highway, including 82.3 km of highway shoulder improvements 52.9 kilometers of new roads, 114 kilometers of third lane expansions, and construction of 17 interchanges, 12 bridges, viaducts and other structural works, as well as nine pedestrian overpasses or underpasses. IDB Invest will finance the investments executed from mid-2017 to 2022, improving road conditions and increasing user safety.Project cost is R$1.3 billion, which will be financed by IDB Invest through a long-term loan in an amount not to exceed R$400 million with a term of up to 12 years; capital contribution and cash from operations of R$567 million and debentures of R$310 million. IDB Invest financing will allow for the expansion and improvement of approximately 371 kilometers of state highway, connecting metropolitan Belo Horizonte to the municipality of São Sebastião do Paraíso at the border with the state of São Paulo (the “Project”). The highway network cuts directly through 22 municipalities in Minas Gerais and influences 50 cities, home to 1.3 million inhabitants (i.e., 7.4% of the state’s population). It is estimated that 7.7% of Minas Gerais’ GDP (Gross Domestic Product) is concentrated in the MG-050 system catchment area. The investment program, during the 25 years of the concession period, consists in the expansion and improvement of the existing highway, including 82.3 km of highway shoulder improvements 52.9 kilometers of new roads, 114 kilometers of third lane expansions, and construction of 17 interchanges, 12 bridges, viaducts and other structural works, as well as nine pedestrian overpasses or underpasses. IDB Invest will finance the investments executed from mid-2017 to 2022, improving road conditions and increasing user safety.Project cost is R$1.3 billion, which will be financed by IDB Invest through a long-term loan in an amount not to exceed R$400 million with a term of up to 12 years; capital contribution and cash from operations of R$567 million and debentures of R$310 million. IDB Invest Concessionária da Rodovia MG-050 S.A. IDB Invest Chiaramonte, Federico Alessandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Transport 18561400 18561400 18561400 Nascentes das Gerais Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12436-01 IDB Invest The project consists of a desalinization plant and an aqueduct. The desalinization plant will be located on the coast of the Playas de Rosarito municipality, Baja California. The site’s total area comprises 20 hectares and borders the Presidente Juárez Thermoelectric Plant (TP), operated by the Comisión Federal de Electricidad (CFE). The reverse osmosis desalinization plant will share a seawater intake system and a water discharge channel with the TP in order to reduce any potentially harmful environmental impacts. The proximity to the sea, the closeness between the plant and the delivery point, the reliable and adequate energy supply, as well as the close location to the thermoelectric plant, cooled with seawater, were the main factors behind the selection of this site. The project would include two phases: 1) an initial 2.2 cubic meters per second (m3/s) and 2) an additional 2.2 cubic meters planned for 2024. When operating at full capacity (phase 2), the plant will have a treatment capacity of 4.4 cubic meters per second, and will require 80 megawatts (MW) of energy (40 MW per phase). The Project will also include a 29-kilometer-long aqueduct from the desalinization plant to two delivery points at the storage tanks of the Comisión Estatal de Servicios Públicos de Tijuana (CESPT), the state entity that will receive the water from the project. The aqueduct will have a nominal capacity of 4.4 m3/s, once the two phases are completed; its route will mostly follow the right of way (ROW) of other existing infrastructure such as the Petróleos Mexicanos (Pemex) polyduct, the CFE’s high voltage transmission towers and some public roads. The project consists of a desalinization plant and an aqueduct. The desalinization plant will be located on the coast of the Playas de Rosarito municipality, Baja California. The site’s total area comprises 20 hectares and borders the Presidente Juárez Thermoelectric Plant (TP), operated by the Comisión Federal de Electricidad (CFE). The reverse osmosis desalinization plant will share a seawater intake system and a water discharge channel with the TP in order to reduce any potentially harmful environmental impacts. The proximity to the sea, the closeness between the plant and the delivery point, the reliable and adequate energy supply, as well as the close location to the thermoelectric plant, cooled with seawater, were the main factors behind the selection of this site. The project would include two phases: 1) an initial 2.2 cubic meters per second (m3/s) and 2) an additional 2.2 cubic meters planned for 2024. When operating at full capacity (phase 2), the plant will have a treatment capacity of 4.4 cubic meters per second, and will require 80 megawatts (MW) of energy (40 MW per phase). The Project will also include a 29-kilometer-long aqueduct from the desalinization plant to two delivery points at the storage tanks of the Comisión Estatal de Servicios Públicos de Tijuana (CESPT), the state entity that will receive the water from the project. The aqueduct will have a nominal capacity of 4.4 m3/s, once the two phases are completed; its route will mostly follow the right of way (ROW) of other existing infrastructure such as the Petróleos Mexicanos (Pemex) polyduct, the CFE’s high voltage transmission towers and some public roads. IDB Invest Aguas de Rosarito, S.A.P.I. de C.V. IDB Invest Villamil Pesqueira, Andrea +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Water and Sanitation 40000000 40000000 40000000 Planta Desaladora Aguas de Rosarito Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12506-01 IDB Invest The proposed financing consists of an A/B loan in favor of Desdelsur S.A. for up to US$ 30.0 million with a 7-year term (5 years, in the case of Loan B), with two years’ grace and a collateral guarantee acceptable to IDB Invest. The A/B loan will be distributed in equal amounts between IDB Invest and Lender B for the purpose of financing: (I) US$ 11.2 million of Desdelsur’s growth capital investment (livestock and industrial) for 2018 and 2019 and to finance a consultancy for the design and implementation of the mandatory corporate governance action plan included in the Loan Agreement; (ii) US$ 8.8 million in permanent working capital to cover the structural needs increase of Desdelsur’s business cycle; and (iii) US$ 10.0 million for the refinancing of commercial bank loans whose funds were allocated to capital investments for DDS's agro-livestock activities during 2018 (the “Project”). Desdelsur S.A. is the main pulse production, processing and export company in Argentina, with 6.6% of the national market share, and one of the largest producers of steers for export to Northeast Argentina. The company was founded in 1986 by José Macera, current stockholder and CEO, for the sale of grains, oils and other agricultural products. In 1990, Desdelsur ventured into the production of pulses, starting a period of capital investments for the purchase of estates, machinery, and the construction of the first processing plant in Salta. In 2005, as part of its vertical integration activities, the company created the livestock division, which focuses on pasture rearing and feedlot fattening to leverage the corn resulting from the agronomic management of the land dedicated to pulses. The proposed financing consists of an A/B loan in favor of Desdelsur S.A. for up to US$ 30.0 million with a 7-year term (5 years, in the case of Loan B), with two years’ grace and a collateral guarantee acceptable to IDB Invest. The A/B loan will be distributed in equal amounts between IDB Invest and Lender B for the purpose of financing: (I) US$ 11.2 million of Desdelsur’s growth capital investment (livestock and industrial) for 2018 and 2019 and to finance a consultancy for the design and implementation of the mandatory corporate governance action plan included in the Loan Agreement; (ii) US$ 8.8 million in permanent working capital to cover the structural needs increase of Desdelsur’s business cycle; and (iii) US$ 10.0 million for the refinancing of commercial bank loans whose funds were allocated to capital investments for DDS's agro-livestock activities during 2018 (the “Project”). Desdelsur S.A. is the main pulse production, processing and export company in Argentina, with 6.6% of the national market share, and one of the largest producers of steers for export to Northeast Argentina. The company was founded in 1986 by José Macera, current stockholder and CEO, for the sale of grains, oils and other agricultural products. In 1990, Desdelsur ventured into the production of pulses, starting a period of capital investments for the purchase of estates, machinery, and the construction of the first processing plant in Salta. In 2005, as part of its vertical integration activities, the company created the livestock division, which focuses on pasture rearing and feedlot fattening to leverage the corn resulting from the agronomic management of the land dedicated to pulses. IDB Invest Desdelsur S.A. IDB Invest Beretta Tassano, Patricio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Agribusiness 15000000 15000000 15000000 Desdelsur Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12399-01 IDB Invest The Federación de Cooperativas Vitivinícolas Argentinas (Federation of Argentinian Vitivinicultural Cooperatives) (hereinafter Fecovita or the Cooperative) is a secondary cooperative that associates 29 primary cooperatives comprising 5,000 wine producers and winemakers in the province of Mendoza, Argentina. The production area covers 25,000 hectares of vineyards. The company bottles and markets wines and musts, with its brand "Toro" being the second top-selling mass-consumption wine in the world. Fecovita currently has four business units: i) The first ("Masivos"), is dedicated to the sale of mass consumption wines; ii) The second unit ("Bodegas"), is dedicated to the sale of medium- and high-end wines, with a significant investment in the winery located in the Tupungato department (Bodega Estancia Mendoza); iii) The third business unit ("Concentrados"), is dedicated to developing the concentrated grape juice markets; and the fourth, ("Graneles") is dedicated to the sale of bulk wines of all types. IDB Invest financing would be used to improve the company's debt profile and rebuild its working capital. As of 12/31/2018, the total financial debt of US$62 million was 66% short-term and 34% long-term, while 42% was used for working capital and 58% for investments. The company intends to realign this financial mismatch, which was mainly generated by the "Nuevo Proyecto Toro" inaugurated in October 2018. Financing will be made effective through a Senior Loan secured for up to 7 years with a first mortgage on the Borrower's assets that comprise an economic unit. The Federación de Cooperativas Vitivinícolas Argentinas (Federation of Argentinian Vitivinicultural Cooperatives) (hereinafter Fecovita or the Cooperative) is a secondary cooperative that associates 29 primary cooperatives comprising 5,000 wine producers and winemakers in the province of Mendoza, Argentina. The production area covers 25,000 hectares of vineyards. The company bottles and markets wines and musts, with its brand "Toro" being the second top-selling mass-consumption wine in the world. Fecovita currently has four business units: i) The first ("Masivos"), is dedicated to the sale of mass consumption wines; ii) The second unit ("Bodegas"), is dedicated to the sale of medium- and high-end wines, with a significant investment in the winery located in the Tupungato department (Bodega Estancia Mendoza); iii) The third business unit ("Concentrados"), is dedicated to developing the concentrated grape juice markets; and the fourth, ("Graneles") is dedicated to the sale of bulk wines of all types. IDB Invest financing would be used to improve the company's debt profile and rebuild its working capital. As of 12/31/2018, the total financial debt of US$62 million was 66% short-term and 34% long-term, while 42% was used for working capital and 58% for investments. The company intends to realign this financial mismatch, which was mainly generated by the "Nuevo Proyecto Toro" inaugurated in October 2018. Financing will be made effective through a Senior Loan secured for up to 7 years with a first mortgage on the Borrower's assets that comprise an economic unit. IDB Invest Federación de Cooperativas Vitivinícolas Argentinas Cooperativa Limitada (“FECOVITA”) IDB Invest Veiga Perez, Matias Angel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Agribusiness 15000000 15000000 15000000 Fecovita Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12440-02 IDB Invest The decline in public and private investment has had a considerable impact on infrastructure development in Argentina, particularly in the transport sector. To address this situation, in November 2016, the Government of Argentina enacted the Argentinean Public-Private Partnerships Law (Law 27,328 or the “PPP Law”). This law updated the framework for participation, partnership and contracting between the public and private sectors, incorporating and adopting best practices on public-private partnerships in the region in the preparation, tendering and financing of infrastructure projects. Under this new legal framework, the Government of Argentina expects to develop (by 2025) around 60 investment projects in the transport, energy, communications, education and health sectors with a total value of US$69 billion, of which close to US$30 billion is expected to be provided by the private sector.The Highways and Safe Routes Network Program (“RARS” for its acronym in Spanish)—whose objective is to redevelop, improve, extend and renovate the country’s highway network, as well as to enhance and improve signage and lighting on routes to improve safety conditions and reduce logistics costs in the country—is the first initiative prepared under the PPP Law. The first phase of the RARS (“RARS Phase I”) includes the concession of six road corridors (A, B, C, E, F and South) of national strategic importance, both in terms of the flow of people and goods (https://ppp.vialidad.gob.ar/proyecto-7/). These corridors cut through the provinces of Buenos Aires, Córdoba, La Pampa, Mendoza, San Luis and Santa Fe, which together account for most of the country’s employment and production, and cover an approximate total distance of 3,400 kilometers (km), including: 810 km of highways, 1,500 km of safe routes and 250 km of new access routes. The total estimated investment required for works on the six corridors in the first four years of the concessions (2018-2022) is approximately US$6.04 billion. The international public tender process to award Phase I of the six RARS corridors was initiated in November 2017, with the participation of 10 consortiums which together submitted 32 offers. In June 2018, the Government of Argentina awarded the concessions for the six corridors to five PPP contractors made up of local and international companies.The IDB Invest loan (hereinafter, “the Transaction”) will provide bridge financing for a subset of investment projects included in the RARS Phase I, which were selected based on their relevance within the RARS by the Argentine National Highway Department and the Ministry of Transport, after consulting with the PPP contractors. These projects will be financed in three phases: i) the first phase (Phase I), which includes eight individual projects, shall begin to be disbursed once the Loan has been signed by the parties (immediately following its approval by the IDB Invest Board of Directors), and once they have complied with the conditions established prior to disbursement; ii) the second phase (Phase II), which includes approximately 17 additional projects; and iii) the third phase (Phase III), which includes minor projects, construction works, toll booths and other related investments. Phase II and Phase III will begin to be disbursed as soon as it has been verified that the environmental and social information for each of these projects is substantially in accordance with the requirements contained in IDB Invest’s Sustainability Policy. The three aforementioned groups of projects are as follows:Phase I:Corridor A: Highway Las Flores - Azul (A-AU-01)Corridor B: Highway Mercedes- Bragado (B-AU-02)Corridor C: Highway RN San Andrés de Giles (C-AU-03)Corridor E: Third Lanes (E-AU-11)Corridor F: Specials (F-RS-01)Corridor F: Highway San Eduardo - A° Ludueña (F-AU-01)Corridor SUR: Bypass Cañuelas (SUR-AU-08)Corridor SUR: Reconstruction of descendent lane (SUR-RS-09)Phase II: Corrdor A: Highway Las Flores – Azul (A-AU-02)Corridor A: Safe route Azul (Int. RN N° 226) - Coronel Dorrego (A-RS-04)Corridor A: Safe route Azul (Int. RN N° 226) - Coronel Dorrego (A-RS-01)Corridor A: Repaving works (A-RS-13)Corridor A: Repaving works (A-RS-13)Corridor B: Repaving works (B-RS-10)Corridor C: Repaving works (C-RS-10)Corridor C: Safe route (C-RS-09a)Corridor C: Repaving works (C-RS-09b)Corridor C: Safe route (C-RS-01)Corridor E: Repaving works (E-RS-04)Corridor E: Safe route (E-RS-01)Corridor F: Repaving works (F-RS-03)Corridor F: Repaving works (F-RS-03)Corridor SUR: Bypass San Miguel del Monte (SUR-AU-10)Corridor SUR: Repaving works (SUR-RS-03)Corredor SUR: Autopista San Miguel del Monte - Las Flores (SUR-AU-11º)Phase III: Corridor A: Toll stations (A-RS-15)Corridor A: Weigh stations (A-RS-16)Corridor B: Safe route Bragado-Anguil (B-RS-06)Corridor B: Toll stations (B-RS-12)Corridor B: Weigh stations (B-RS-13)Corridor C: Safe route (C-RS-01)Corridor C: Weigh stations (C-RS-13)Corridor C: Toll stations (C-RS-12)Corridor E: Toll stations (E-RS-06)Corridor E: Weigh stations (E-RS-07)Corridor F: Toll stations (F-RS-05)Corridor SUR: Repaving works (SUR-RS-03)Corridor SUR: Fourth lane highway Riccheri (SUR-AU-01)Corridor SUR: Reconstruction of third existing lane (desc) (SUR-AU-01)Corridor SUR: Third lane highway Jorge Newbery (SUR-AU-04)Corridor SUR: Toll stations (SUR-RS-04)Corridor SUR: Weigh stations (SUR-RS-05) The decline in public and private investment has had a considerable impact on infrastructure development in Argentina, particularly in the transport sector. To address this situation, in November 2016, the Government of Argentina enacted the Argentinean Public-Private Partnerships Law (Law 27,328 or the “PPP Law”). This law updated the framework for participation, partnership and contracting between the public and private sectors, incorporating and adopting best practices on public-private partnerships in the region in the preparation, tendering and financing of infrastructure projects. Under this new legal framework, the Government of Argentina expects to develop (by 2025) around 60 investment projects in the transport, energy, communications, education and health sectors with a total value of US$69 billion, of which close to US$30 billion is expected to be provided by the private sector.The Highways and Safe Routes Network Program (“RARS” for its acronym in Spanish)—whose objective is to redevelop, improve, extend and renovate the country’s highway network, as well as to enhance and improve signage and lighting on routes to improve safety conditions and reduce logistics costs in the country—is the first initiative prepared under the PPP Law. The first phase of the RARS (“RARS Phase I”) includes the concession of six road corridors (A, B, C, E, F and South) of national strategic importance, both in terms of the flow of people and goods (https://ppp.vialidad.gob.ar/proyecto-7/). These corridors cut through the provinces of Buenos Aires, Córdoba, La Pampa, Mendoza, San Luis and Santa Fe, which together account for most of the country’s employment and production, and cover an approximate total distance of 3,400 kilometers (km), including: 810 km of highways, 1,500 km of safe routes and 250 km of new access routes. The total estimated investment required for works on the six corridors in the first four years of the concessions (2018-2022) is approximately US$6.04 billion. The international public tender process to award Phase I of the six RARS corridors was initiated in November 2017, with the participation of 10 consortiums which together submitted 32 offers. In June 2018, the Government of Argentina awarded the concessions for the six corridors to five PPP contractors made up of local and international companies.The IDB Invest loan (hereinafter, “the Transaction”) will provide bridge financing for a subset of investment projects included in the RARS Phase I, which were selected based on their relevance within the RARS by the Argentine National Highway Department and the Ministry of Transport, after consulting with the PPP contractors. These projects will be financed in three phases: i) the first phase (Phase I), which includes eight individual projects, shall begin to be disbursed once the Loan has been signed by the parties (immediately following its approval by the IDB Invest Board of Directors), and once they have complied with the conditions established prior to disbursement; ii) the second phase (Phase II), which includes approximately 17 additional projects; and iii) the third phase (Phase III), which includes minor projects, construction works, toll booths and other related investments. Phase II and Phase III will begin to be disbursed as soon as it has been verified that the environmental and social information for each of these projects is substantially in accordance with the requirements contained in IDB Invest’s Sustainability Policy. The three aforementioned groups of projects are as follows:Phase I:Corridor A: Highway Las Flores - Azul (A-AU-01)Corridor B: Highway Mercedes- Bragado (B-AU-02)Corridor C: Highway RN San Andrés de Giles (C-AU-03)Corridor E: Third Lanes (E-AU-11)Corridor F: Specials (F-RS-01)Corridor F: Highway San Eduardo - A° Ludueña (F-AU-01)Corridor SUR: Bypass Cañuelas (SUR-AU-08)Corridor SUR: Reconstruction of descendent lane (SUR-RS-09)Phase II: Corrdor A: Highway Las Flores – Azul (A-AU-02)Corridor A: Safe route Azul (Int. RN N° 226) - Coronel Dorrego (A-RS-04)Corridor A: Safe route Azul (Int. RN N° 226) - Coronel Dorrego (A-RS-01)Corridor A: Repaving works (A-RS-13)Corridor A: Repaving works (A-RS-13)Corridor B: Repaving works (B-RS-10)Corridor C: Repaving works (C-RS-10)Corridor C: Safe route (C-RS-09a)Corridor C: Repaving works (C-RS-09b)Corridor C: Safe route (C-RS-01)Corridor E: Repaving works (E-RS-04)Corridor E: Safe route (E-RS-01)Corridor F: Repaving works (F-RS-03)Corridor F: Repaving works (F-RS-03)Corridor SUR: Bypass San Miguel del Monte (SUR-AU-10)Corridor SUR: Repaving works (SUR-RS-03)Corredor SUR: Autopista San Miguel del Monte - Las Flores (SUR-AU-11º)Phase III: Corridor A: Toll stations (A-RS-15)Corridor A: Weigh stations (A-RS-16)Corridor B: Safe route Bragado-Anguil (B-RS-06)Corridor B: Toll stations (B-RS-12)Corridor B: Weigh stations (B-RS-13)Corridor C: Safe route (C-RS-01)Corridor C: Weigh stations (C-RS-13)Corridor C: Toll stations (C-RS-12)Corridor E: Toll stations (E-RS-06)Corridor E: Weigh stations (E-RS-07)Corridor F: Toll stations (F-RS-05)Corridor SUR: Repaving works (SUR-RS-03)Corridor SUR: Fourth lane highway Riccheri (SUR-AU-01)Corridor SUR: Reconstruction of third existing lane (desc) (SUR-AU-01)Corridor SUR: Third lane highway Jorge Newbery (SUR-AU-04)Corridor SUR: Toll stations (SUR-RS-04)Corridor SUR: Weigh stations (SUR-RS-05) IDB Invest Fideicomiso de Asistencia Financiera PPP-RARS-1 IDB Invest Carassale, Gian Franco +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Transport 150000000 150000000 150000000 Préstamo Puente para el Programa PPP Red de Autopistas y Rutas Seguras Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12542-01, 12542-02 IDB Invest The Project aims to achieve better connectivity and greater access to data services, and consists of two types of funding: (i) a syndicated loan led by IDB Invest of up to US$300 million to fund Telecom Argentina’s fixed investments during 2019 (the "Loan"); and (ii) an uncommitted facility of up to US$100 million to purchase the credits resulting from mobile phone sales (the "Facility"). The loan consists of the US$75 million funded by the IDB Group and the rest from mobilizing other funds, with a term of up to 7 years and a grace period of up to 2 years. The funds will be used to finance capital investments comprising (a) the expansion of geographic coverage and the capacity of mobile networks to respond to growing data traffic consumption; and (b) the deployment of fiber optic networks to offer better fixed broadband connectivity. The Facility will be available for a period of up to 4 years. Under the Facility, IDB Invest will purchase, at its sole discretion, credits for the sale of mobile phones. Telecom Argentina (hereinafter Telecom) is an existing client of the IDB Group and has been since 2017. It is a comprehensive telecommunications company providing mobile telephony, fixed telephony, fixed Internet, and cable television services in Argentina. Telecom has subsidiaries that provide mobile telephony and Internet services in Paraguay and Uruguay, and telecommunications services in the United States. Following its merger with Cablevisión S.A., Telecom has a client base of 29.7 million subscribers in Argentina as in December 2018. The Project aims to achieve better connectivity and greater access to data services, and consists of two types of funding: (i) a syndicated loan led by IDB Invest of up to US$300 million to fund Telecom Argentina’s fixed investments during 2019 (the "Loan"); and (ii) an uncommitted facility of up to US$100 million to purchase the credits resulting from mobile phone sales (the "Facility"). The loan consists of the US$75 million funded by the IDB Group and the rest from mobilizing other funds, with a term of up to 7 years and a grace period of up to 2 years. The funds will be used to finance capital investments comprising (a) the expansion of geographic coverage and the capacity of mobile networks to respond to growing data traffic consumption; and (b) the deployment of fiber optic networks to offer better fixed broadband connectivity. The Facility will be available for a period of up to 4 years. Under the Facility, IDB Invest will purchase, at its sole discretion, credits for the sale of mobile phones. Telecom Argentina (hereinafter Telecom) is an existing client of the IDB Group and has been since 2017. It is a comprehensive telecommunications company providing mobile telephony, fixed telephony, fixed Internet, and cable television services in Argentina. Telecom has subsidiaries that provide mobile telephony and Internet services in Paraguay and Uruguay, and telecommunications services in the United States. Following its merger with Cablevisión S.A., Telecom has a client base of 29.7 million subscribers in Argentina as in December 2018. IDB Invest Telecom Argentina S.A. IDB Invest Edgar Cabañas, Lead Investment Officer +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Digital Economy 15000000 15000000 15000000 Telecom Argentina: Financiamiento para Inversiones Fijas y Teléfonos Moviles Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12205-01 IDB Invest Road Network No.4 (hereinafter "the RV4") is one of the most important roads in Peru, connecting its capital, Lima, with several important cities and ports in the northern part of the country. In 2009, OHL Concesiones, now Aleatica, was awarded the concession for the road, which includes; i) the operation and maintenance of 356 km of existing road; and ii) the construction of a 283-kilometer second lane. Subsequently, by means of Addendum 2 to the Concession Agreement in 2016, it was also entrusted with the construction of a 37-kilometer long Chimbote bypass. To fulfill the objectives of the concession, Aleatica has created two companies: i) Autopista del Norte (hereinafter "AUNOR"), which is responsible for managing the construction works and serves as the concessionaire of the RV4; and ii) Operadora de Carreteras (hereinafter "OPECAR"), which is responsible for the operation and maintenance of the concession. IDB Invest’s participation (hereinafter "the Project") will focus on providing resources for the construction of: i) the works required to complete the RV4 (Pativilca-Santa-Trujillo and Puerto Salaverry segments); and ii) the Chimbote bypass. Road Network No.4 (hereinafter "the RV4") is one of the most important roads in Peru, connecting its capital, Lima, with several important cities and ports in the northern part of the country. In 2009, OHL Concesiones, now Aleatica, was awarded the concession for the road, which includes; i) the operation and maintenance of 356 km of existing road; and ii) the construction of a 283-kilometer second lane. Subsequently, by means of Addendum 2 to the Concession Agreement in 2016, it was also entrusted with the construction of a 37-kilometer long Chimbote bypass. To fulfill the objectives of the concession, Aleatica has created two companies: i) Autopista del Norte (hereinafter "AUNOR"), which is responsible for managing the construction works and serves as the concessionaire of the RV4; and ii) Operadora de Carreteras (hereinafter "OPECAR"), which is responsible for the operation and maintenance of the concession. IDB Invest’s participation (hereinafter "the Project") will focus on providing resources for the construction of: i) the works required to complete the RV4 (Pativilca-Santa-Trujillo and Puerto Salaverry segments); and ii) the Chimbote bypass. IDB Invest AUTOPISTA DEL NORTE, S.A.C. IDB Invest Triana Correa, Maria Paula +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Transport 100000000 100000000 100000000 Vía de Evitamiento de Chimbote (Red Vial 4) Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR1001A-01 IDB Invest Fondo para el Financiamiento de la Inversion Privada Fondo para el Financiamiento de la Inversion Privada IDB Invest IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Financial Institutions 2025000 2025000 2025000 Fondo para el Financiamiento de la Inversion Privada Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI1040A-01 IDB Invest El propósito del proyecto es ayudar a mejorar la competitividad de la Compañía por medio de la modernización y ampliación de la planta procesadora. Cabe agregar que el proyecto contribuirá a que la gestión medioambiental de la compañía se ponga a la altura de las normas internacionales. El papel de la CII será el siguiente: Proporcionar financiamiento a largo plazo: Los recursos a largo plazo son escasos en Nicaragua. Recientemente se ha visto reducido aún más el crédito para el sector privado, a raíz de las dificultades experimentadas recientemente por algunos bancos locales. Apoyar a una industria con un componente de elevado valor agregado: El proceso de producción de café molido y café soluble incluye la limpieza, el tostado y el molido de los granos de café verde para producir café tostado y molido, así como la posterior extracción del licor del café tostado molido y su deshidratación para obtener café soluble. En virtud de las ventajas comparativas de Nicaragua, sus exportaciones de café elaborado tienen un gran potencial de crecimiento. Fortalecer una empresa de tamaño mediano: El proyecto ayudará a la compañía a adaptarse al crecimiento que ha experimentado recientemente y a realizar su potencial. Generar ingresos en divisas: La compañía ha experimentado un importante crecimiento durante el último quinquenio, penetrando en nuevos mercados de exportación. El proyecto dará un impulso adicional a las ventas anuales y las exportaciones de la compañía. Generar ventas para empresas pequeñas y medianas: La compañía es un importante comprador de material de empaque y café verde producido en Centroamérica, principalmente por pequeñas y medianas empresas de Nicaragua, El Salvador y Guatemala. Promover la producción y comercialización de productos de alta calidad: La compañía obtuvo recientemente el certificado ISO 9002 de calidad, hecho que debería ayudarle a penetrar nuevos mercados. Proteger el medio ambiente: El proyecto ayudará a la compañía a mejorar su cumplimiento con las normas de protección del medio ambiente, poniéndose a la altura de las normas internacionales. La compañía pondrá en práctica una serie de medidas ideadas para reducir la generación de contaminantes líquidos que requieran de tratamiento. El propósito del proyecto es ayudar a mejorar la competitividad de la Compañía por medio de la modernización y ampliación de la planta procesadora. Cabe agregar que el proyecto contribuirá a que la gestión medioambiental de la compañía se ponga a la altura de las normas internacionales. El papel de la CII será el siguiente: Proporcionar financiamiento a largo plazo: Los recursos a largo plazo son escasos en Nicaragua. Recientemente se ha visto reducido aún más el crédito para el sector privado, a raíz de las dificultades experimentadas recientemente por algunos bancos locales. Apoyar a una industria con un componente de elevado valor agregado: El proceso de producción de café molido y café soluble incluye la limpieza, el tostado y el molido de los granos de café verde para producir café tostado y molido, así como la posterior extracción del licor del café tostado molido y su deshidratación para obtener café soluble. En virtud de las ventajas comparativas de Nicaragua, sus exportaciones de café elaborado tienen un gran potencial de crecimiento. Fortalecer una empresa de tamaño mediano: El proyecto ayudará a la compañía a adaptarse al crecimiento que ha experimentado recientemente y a realizar su potencial. Generar ingresos en divisas: La compañía ha experimentado un importante crecimiento durante el último quinquenio, penetrando en nuevos mercados de exportación. El proyecto dará un impulso adicional a las ventas anuales y las exportaciones de la compañía. Generar ventas para empresas pequeñas y medianas: La compañía es un importante comprador de material de empaque y café verde producido en Centroamérica, principalmente por pequeñas y medianas empresas de Nicaragua, El Salvador y Guatemala. Promover la producción y comercialización de productos de alta calidad: La compañía obtuvo recientemente el certificado ISO 9002 de calidad, hecho que debería ayudarle a penetrar nuevos mercados. Proteger el medio ambiente: El proyecto ayudará a la compañía a mejorar su cumplimiento con las normas de protección del medio ambiente, poniéndose a la altura de las normas internacionales. La compañía pondrá en práctica una serie de medidas ideadas para reducir la generación de contaminantes líquidos que requieran de tratamiento. IDB Invest Inversiones y Tecnología Ltda., Alberto Montanari, and Mario Montanari IDB Invest Otarola, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Agribusiness 2400000 2400000 2400000 Cafe Soluble Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME1134A-01 IDB Invest The project consists of a loan of US$6,000,000 to Banco del Bajío. The loan will have a term of 7 years, including a grace period of up to 2 years. The funds of the loan will be used for medium and long-term on-lending to small and medium-size companies, whose majority shareholding is Latin American or Caribbean, and which operate in productive sectors of the Mexican economy. IIC meets its goal of supporting the development of small and medium-size companies through working with a sound Mexican bank. The project consists of a loan of US$6,000,000 to Banco del Bajío. The loan will have a term of 7 years, including a grace period of up to 2 years. The funds of the loan will be used for medium and long-term on-lending to small and medium-size companies, whose majority shareholding is Latin American or Caribbean, and which operate in productive sectors of the Mexican economy. IIC meets its goal of supporting the development of small and medium-size companies through working with a sound Mexican bank. IDB Invest Banco del Bajío IDB Invest Rincon, Margarita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 6000000 6000000 6000000 Banco del Bajío, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1020A-01 IDB Invest Federación Pesquera S.A. Federación Pesquera S.A. IDB Invest IDB Invest Claro, Francisco +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Agribusiness 6500000 6500000 6500000 Federación Pesquera S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR1050A-01 IDB Invest The Carrasco Marriott Hotel project (the "Hotel" or the "Project") covers the restoration, refurbishment, and operation of a hotel in the residential neighborhood of Carrasco, Montevideo, Uruguay. The Hotel, ten miles from downtown Montevideo and four miles from the international airport, opened in 1921. It was built in the French "Palais Royal" style. The building, declared a National Historic Monument in 1975, stands out as a city landmark on the banks of the River Plate, and is an integral part of Montevideo's architectural heritage. The Project contemplates bringing the hotel in line with the five-star international standard, with 118 rooms and all modern amenities and services for business travelers and international visitors. The Hotel houses a casino owned and operated by the Montevideo Municipal Government (Intendencia Municipal de Montevideo). The Project Sponsors have signed a license and management agreement with Marriott Hotels International to operate the Hotel under the "Marriott" flag. The proposed project is estimated to cost about US$20 million, of which the IIC would lend for up to US$6.5 million. Project implementation will begin in September 2001, with a view to opening the Carrasco Marriott Hotel by late 2003. The role of the IIC in the proposed transaction is important for the following reasons: It will promote foreign investment in Uruguay through long-term financing. It will improve the quality of hotel services and the business infrastructure in Montevideo, through the new convention center. The project will have a positive social and economic impact from various perspectives. It will create 90 direct jobs and 290 indirect jobs, and will give a boost to the construction sector during the initial years. The Carrasco Marriott Hotel project (the "Hotel" or the "Project") covers the restoration, refurbishment, and operation of a hotel in the residential neighborhood of Carrasco, Montevideo, Uruguay. The Hotel, ten miles from downtown Montevideo and four miles from the international airport, opened in 1921. It was built in the French "Palais Royal" style. The building, declared a National Historic Monument in 1975, stands out as a city landmark on the banks of the River Plate, and is an integral part of Montevideo's architectural heritage. The Project contemplates bringing the hotel in line with the five-star international standard, with 118 rooms and all modern amenities and services for business travelers and international visitors. The Hotel houses a casino owned and operated by the Montevideo Municipal Government (Intendencia Municipal de Montevideo). The Project Sponsors have signed a license and management agreement with Marriott Hotels International to operate the Hotel under the "Marriott" flag. The proposed project is estimated to cost about US$20 million, of which the IIC would lend for up to US$6.5 million. Project implementation will begin in September 2001, with a view to opening the Carrasco Marriott Hotel by late 2003. The role of the IIC in the proposed transaction is important for the following reasons: It will promote foreign investment in Uruguay through long-term financing. It will improve the quality of hotel services and the business infrastructure in Montevideo, through the new convention center. The project will have a positive social and economic impact from various perspectives. It will create 90 direct jobs and 290 indirect jobs, and will give a boost to the construction sector during the initial years. IDB Invest Carmitel S.A. IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Tourism 6000000 6000000 6000000 Carmitel Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1113A-01 IDB Invest Project Description: The Universidade do Sul do Santa Catarina (UNISUL) is a university in the southern Brazilian state of Santa Catarina, which offers a wide range of courses (including engineering, economics and business, agronomy, biological and health sciences, law). The project will enable UNISUL to maintain its rapid expansion momentum (from 3,000 students in 1990 to over 20,000 at present) and to develop new and innovative teaching methods to improve its competitive position in the private education market in southern Brazil. The proposed US$45.0 million project will allow UNISUL to do the following: build the second phase of the new Pedra Branca campus in the greater Florianópolis area (state capital), which will increase this campus' enrollment from 4,000 to 9,500 students by 2006; expand (adding equipment and laboratories) and rehabilitating the existing campuses at Tubarão in order to increase enrollment (from 9,400 to 14,200 students by 2004), acquire land for a new campus in Florianópolis including the construction of a primary school; update the university's communications and management information systems; increase the faculty training and expand its research facilities; increase the student loan programs; refinance some expensive short term debt; finance working capital requirements and interest during construction; and increase the number and quality of its community assistance programs. The IIC would participate in the project with a loan of up to US$6 million for ten years, including a 3-year grace period. Project Description: The Universidade do Sul do Santa Catarina (UNISUL) is a university in the southern Brazilian state of Santa Catarina, which offers a wide range of courses (including engineering, economics and business, agronomy, biological and health sciences, law). The project will enable UNISUL to maintain its rapid expansion momentum (from 3,000 students in 1990 to over 20,000 at present) and to develop new and innovative teaching methods to improve its competitive position in the private education market in southern Brazil. The proposed US$45.0 million project will allow UNISUL to do the following: build the second phase of the new Pedra Branca campus in the greater Florianópolis area (state capital), which will increase this campus' enrollment from 4,000 to 9,500 students by 2006; expand (adding equipment and laboratories) and rehabilitating the existing campuses at Tubarão in order to increase enrollment (from 9,400 to 14,200 students by 2004), acquire land for a new campus in Florianópolis including the construction of a primary school; update the university's communications and management information systems; increase the faculty training and expand its research facilities; increase the student loan programs; refinance some expensive short term debt; finance working capital requirements and interest during construction; and increase the number and quality of its community assistance programs. The IIC would participate in the project with a loan of up to US$6 million for ten years, including a 3-year grace period. IDB Invest Universidade do Sul de Santa Catarina IDB Invest Carsalade, Flavio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Social Infrastructure 6000000 6000000 6000000 Universidade do Sul de Santa Catarina Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1006A-01 IDB Invest Servicios Litoral Pacífico., S.A. Servicios Litoral Pacífico., S.A. IDB Invest IDB Invest Zuluaga, Juan Eduardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Transport 2084000 2084000 2084000 Servicios Litoral Pacífico., S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO1007A-01 IDB Invest Empresa Boliviana de Administración S.A. Empresa Boliviana de Administración S.A. IDB Invest IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Agribusiness 2000000 2000000 2000000 Empresa Boliviana de Administración S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO1034A-01 IDB Invest Lamitech, S.A./Colissin Lamitech, S.A./Colissin IDB Invest IDB Invest Zuluaga, Juan Eduardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Social Infrastructure 4300000 4300000 4300000 Lamitech, S.A./Colissin Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME1015B-02 IDB Invest Christianson II Christianson II IDB Invest IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Social Infrastructure 654545 654545 654545 Christianson II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO1005A-01 IDB Invest Compañía Minera Tierra S . A . Compañía Minera Tierra S . A . IDB Invest IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Energy 1600000 1600000 1600000 Compañía Minera Tierra S . A . Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR1030A-01 IDB Invest Merco Fluvial, S.A. Merco Fluvial, S.A. IDB Invest IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Transport 3000000 3000000 3000000 Merco Fluvial, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR1035A-01 IDB Invest Alexander Fleming, S.A. Alexander Fleming, S.A. IDB Invest IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Social Infrastructure 5000000 5000000 5000000 Alexander Fleming, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO2675A-01 IDB Invest With the expansion project, Microenvases seeks to increase its monthly production of laminated cups from 15 million to 27 million units. To that end, it will be necessary to retool three PMC GX 1000 machines (currently used for wax-coated cups) to process laminated cups, refurbish two 4 color flexographic printers, and purchase two dies to manufacture 4- and 6-ounce cups. These cup sizes are the most in demand in new market niches recently entered by the Company. Once these machines are upgraded, the Company will have the capacity to produce an additional 12 million cups a month, which will increase its production by approximately 80%. The project also seeks to increase the Company’s operating space. This will be achieved by purchasing a lot adjacent to its current facilities. A plant of approximately 2,000m2 (21,527 square feet) will be erected on this new lot. With this project, the IIC will be supporting the export manufacturing industry in Honduras since the Company is the leading manufacturer of laminated cups in Central America. The demand for this type of product has grown due to the natural growth of the beverage and fast-food industries. This growth is also the result of substituting laminated cups for wax-coated and styrofoam cups. With the expansion project, Microenvases seeks to increase its monthly production of laminated cups from 15 million to 27 million units. To that end, it will be necessary to retool three PMC GX 1000 machines (currently used for wax-coated cups) to process laminated cups, refurbish two 4 color flexographic printers, and purchase two dies to manufacture 4- and 6-ounce cups. These cup sizes are the most in demand in new market niches recently entered by the Company. Once these machines are upgraded, the Company will have the capacity to produce an additional 12 million cups a month, which will increase its production by approximately 80%. The project also seeks to increase the Company’s operating space. This will be achieved by purchasing a lot adjacent to its current facilities. A plant of approximately 2,000m2 (21,527 square feet) will be erected on this new lot. With this project, the IIC will be supporting the export manufacturing industry in Honduras since the Company is the leading manufacturer of laminated cups in Central America. The demand for this type of product has grown due to the natural growth of the beverage and fast-food industries. This growth is also the result of substituting laminated cups for wax-coated and styrofoam cups. IDB Invest Microenvases, S. R. L. IDB Invest Elliot, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Manufacturing 1200000 1200000 1200000 Microenvases Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3737A-01 IDB Invest The purpose of the project is to improve the company's cash flow and thus improve its debt profile. The project consists of restructuring short-term debt. Providing long-term financing: Sources of long-term financing are scarce in Costa Rica: This operation will help Corrugadora de Costa Rica, S.A. ("Cocorisa" or the "Company") meet its immediate needs, such as restructuring short-term debt. Supporting a high value-added industry: The corrugated cardboard packaging industry is of strategic value for developing countries because it directly supports exports and, indirectly, spurs domestic economic activity. Strengthening a medium-size company: The proposed loan will enable the company to consolidate the recent introduction of modern productive processes and best practices in order to enhance the efficiency of its operations and consolidate its contribution to the local economy. The purpose of the project is to improve the company's cash flow and thus improve its debt profile. The project consists of restructuring short-term debt. Providing long-term financing: Sources of long-term financing are scarce in Costa Rica: This operation will help Corrugadora de Costa Rica, S.A. ("Cocorisa" or the "Company") meet its immediate needs, such as restructuring short-term debt. Supporting a high value-added industry: The corrugated cardboard packaging industry is of strategic value for developing countries because it directly supports exports and, indirectly, spurs domestic economic activity. Strengthening a medium-size company: The proposed loan will enable the company to consolidate the recent introduction of modern productive processes and best practices in order to enhance the efficiency of its operations and consolidate its contribution to the local economy. IDB Invest Corrugadora de Costa Rica, S.A. IDB Invest Elliot, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Manufacturing 1000000 1000000 1000000 Cocorisa Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR1078A-01 IDB Invest Pinales de Santa Clara Pinales de Santa Clara IDB Invest IDB Invest Otarola, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Agribusiness 1250000 1250000 1250000 Pinales de Santa Clara Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR1041A-02 IDB Invest Banco Regional Banco Regional IDB Invest IDB Invest Lesme, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 1000000 1000000 1000000 Banco Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3739A-01 IDB Invest The proposed loan is in the amount of US$2 million to Monex Financiera S.A. de C.V. The proceeds will be used to provide financing to small and medium-size Mexican companies, for trade operations, such as imports and exports, and for working capital related to export and import activities. The proposed loan is in the amount of US$2 million to Monex Financiera S.A. de C.V. The proceeds will be used to provide financing to small and medium-size Mexican companies, for trade operations, such as imports and exports, and for working capital related to export and import activities. IDB Invest Monex Financiera S.A. de C.V. IDB Invest Moscoso, Victor Hugo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 2000000 2000000 2000000 Monex Financiera S.A. de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI1046B-01 IDB Invest The proposed project consists of a long-term loan of up to US$5 million to Banco de Finanzas. The loan proceeds will be used to finance small and medium-size Nicaraguan enterprises that require medium- and long-term funds to finance expansions, the acquisition of fixed assets or machinery, or working capital. The proposed project consists of a long-term loan of up to US$5 million to Banco de Finanzas. The loan proceeds will be used to finance small and medium-size Nicaraguan enterprises that require medium- and long-term funds to finance expansions, the acquisition of fixed assets or machinery, or working capital. IDB Invest Banco de Finanzas S.A. IDB Invest Savastano, Ana Cecilia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Financial Institutions 5000000 5000000 5000000 Banco de Finanzas Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO1056A-01 IDB Invest Banco Economico Banco Economico IDB Invest IDB Invest Rincon, Margarita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Financial Institutions 7000000 7000000 7000000 Banco Economico Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO1076A-01 IDB Invest Puerto de Cartagena Puerto de Cartagena IDB Invest IDB Invest Hernandez, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Transport 8000000 8000000 8000000 Puerto de Cartagena Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO1015A-01 IDB Invest Banco La Capitalizadora Hondureña S.A. (formerly Bancahsa) Banco La Capitalizadora Hondureña S.A. (formerly Bancahsa) IDB Invest IDB Invest Echeverri, Ana Rosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Financial Institutions 3500000 3500000 3500000 Banco La Capitalizadora Hondureña S.A. (formerly Bancahsa) Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR3098A-01 IDB Invest Agrofértil S.A. imports agricultural inputs and sells them in the Paraguayan market; it also purchases grain locally for export and provides its clients with technical assistance. The company also grows grain on its own land and holds a share of one of Paraguay's largest manufacturers of agrochemicals. The purpose of the project is to finance Agrofértil's permanent working capital requirements and thus improve the company's debt profile. Agrofértil S.A. imports agricultural inputs and sells them in the Paraguayan market; it also purchases grain locally for export and provides its clients with technical assistance. The company also grows grain on its own land and holds a share of one of Paraguay's largest manufacturers of agrochemicals. The purpose of the project is to finance Agrofértil's permanent working capital requirements and thus improve the company's debt profile. IDB Invest Agrofértil S.A. IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Agribusiness 2000000 2000000 2000000 Agrofertil Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR3572A-01 IDB Invest Bebidas del Paraguay S.A. ("BPy") and Distribuidora del Paraguay S.R.L. ("DPy") are in the business of carbonated beverages, mineral water, isotonic drinks, and natural fruit juice. BPy produces and DPy distributes and markets them. These enterprises have a portfolio of prestigious local brands such as: "PULP" (sodas with natural juice extracts), "MAXI" (sodas with synthetic flavors), "FULLPOWER" (isotonic drinks), and "LA FUENTE" (carbonated and non-carbonated mineral water). The "PULP" brand is a flagship domestic brand. It was created in 1937 and is the first carbonated drink made from natural juice extracts (orange and grapefruit). The proposed project’s objective is to expand an almost six-fold increase in production capacity by building and outfitting a new industrial plant for carbonated drinks, mineral water, and natural fruit juices. The plant is located on twelve hectares of land along the "Acceso Sur" route, in the city of San Antonio (about 12 km from Asunción). BPy would use the IIC loan to purchase machinery and equipment and pay off eventual short-term bridge loans from suppliers or financial institutions, in order to create an appropriate structure for financing its investments. Bebidas del Paraguay S.A. ("BPy") and Distribuidora del Paraguay S.R.L. ("DPy") are in the business of carbonated beverages, mineral water, isotonic drinks, and natural fruit juice. BPy produces and DPy distributes and markets them. These enterprises have a portfolio of prestigious local brands such as: "PULP" (sodas with natural juice extracts), "MAXI" (sodas with synthetic flavors), "FULLPOWER" (isotonic drinks), and "LA FUENTE" (carbonated and non-carbonated mineral water). The "PULP" brand is a flagship domestic brand. It was created in 1937 and is the first carbonated drink made from natural juice extracts (orange and grapefruit). The proposed project’s objective is to expand an almost six-fold increase in production capacity by building and outfitting a new industrial plant for carbonated drinks, mineral water, and natural fruit juices. The plant is located on twelve hectares of land along the "Acceso Sur" route, in the city of San Antonio (about 12 km from Asunción). BPy would use the IIC loan to purchase machinery and equipment and pay off eventual short-term bridge loans from suppliers or financial institutions, in order to create an appropriate structure for financing its investments. IDB Invest Bebidas del Paraguay S.A. IDB Invest Lesme, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Manufacturing 4000000 4000000 4000000 Bebidas del Paraguay Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO1015B-01 IDB Invest The project consists of a loan of US$7,000,000 to BANCAHSA. The loan will have a term of 8 years, including a grace period of up to 2 years. The funds of the loan will be used for medium and long-term on-lending to small and medium-size companies, whose majority shareholding is Latin American or Caribbean, and which operate in productive sectors of the economy. IIC meets its goal of supporting the development of small and medium-sized companies through working with a sound Honduran bank. The project consists of a loan of US$7,000,000 to BANCAHSA. The loan will have a term of 8 years, including a grace period of up to 2 years. The funds of the loan will be used for medium and long-term on-lending to small and medium-size companies, whose majority shareholding is Latin American or Caribbean, and which operate in productive sectors of the economy. IIC meets its goal of supporting the development of small and medium-sized companies through working with a sound Honduran bank. IDB Invest Banco la Capitalizadora Hondureña, S.A. (BANCAHSA) IDB Invest Echeverri, Ana Rosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Financial Institutions 7000000 7000000 7000000 BGA II (formerly Bancahsa II) Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1113A-02 IDB Invest America Leasing, S.A. America Leasing, S.A. IDB Invest IDB Invest Savastano, Ana Cecilia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 4000000 4000000 4000000 America Leasing, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN3754A-01 IDB Invest Banco Internacional de Costa Rica Banco Internacional de Costa Rica IDB Invest IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 15000000 15000000 15000000 Banco Internacional de Costa Rica Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3823A-02 IDB Invest Unión de Crédito General, S.A. de C.V. Unión de Crédito General, S.A. de C.V. IDB Invest IDB Invest Navarrete, Monica +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 1000000 1000000 1000000 Unión de Crédito General, S.A. de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3740A-02 IDB Invest Banco Compartamos is Mexico’s leading microcredit institution. It seeks to meet the needs of Mexico’s most underprivileged, through loans to small companies owned primarily by women living in rural areas. The purpose of this IIC project is to support Compartamos’ lending activities and geographic expansion by investing in said institution in the form of a deposit. The investment will be documented by a fixed-term nonmarketable certificate of deposit backed by Compartamos. With this project the IIC would help Compartamos increase its base of institutional investors. Banco Compartamos is Mexico’s leading microcredit institution. It seeks to meet the needs of Mexico’s most underprivileged, through loans to small companies owned primarily by women living in rural areas. The purpose of this IIC project is to support Compartamos’ lending activities and geographic expansion by investing in said institution in the form of a deposit. The investment will be documented by a fixed-term nonmarketable certificate of deposit backed by Compartamos. With this project the IIC would help Compartamos increase its base of institutional investors. IDB Invest Banco Compartamos S.A. IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 30000000 30000000 30000000 Banco Compartamos S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH1056A-01 IDB Invest Invertec Pesquera Mar de Chiloé Invertec Pesquera Mar de Chiloé IDB Invest IDB Invest Barsantini, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Agribusiness 10000000 10000000 10000000 Invertec Pesquera Mar de Chiloé Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN1024A-01 IDB Invest The project consists of the purchase and modernization by Ternor of 13 small power plants located in the northeastern region of Panama that form the "isolated systems". The project is being implemented in two phases. The first phase involved the acquisition of the existing plants as well as their immediate improvement and renovation. This phase was completed in 2001. The second phase of the project involves the substitution of the existing diesel equipment for heavy fuel oil equipment in the largest plant (Santa Fe), which represents, three 800 kw units, near 45% of the total generation of the Company. This change in technology will allow for better fuel efficiency, lower fuel and maintenance costs, and a more reliable system. The project also involves the relocation of a power plant from an urban area into an industrial area. Long-term financing for a small Panamanian company: Ternor is the smallest thermo-electrical power generating company in Panama, providing 0.7% of demand. The project consists of the purchase and modernization by Ternor of 13 small power plants located in the northeastern region of Panama that form the "isolated systems". The project is being implemented in two phases. The first phase involved the acquisition of the existing plants as well as their immediate improvement and renovation. This phase was completed in 2001. The second phase of the project involves the substitution of the existing diesel equipment for heavy fuel oil equipment in the largest plant (Santa Fe), which represents, three 800 kw units, near 45% of the total generation of the Company. This change in technology will allow for better fuel efficiency, lower fuel and maintenance costs, and a more reliable system. The project also involves the relocation of a power plant from an urban area into an industrial area. Long-term financing for a small Panamanian company: Ternor is the smallest thermo-electrical power generating company in Panama, providing 0.7% of demand. IDB Invest Térmica del Noreste, S.A. IDB Invest Fonseca, Juan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Energy 3000000 3000000 3000000 Termica del Noreste S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR1035A-01 IDB Invest Multibanco Multibanco IDB Invest IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 5000000 5000000 5000000 Multibanco Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES3391A-01 IDB Invest 'Banco de América Central S.A. ("BAC") is one of El Salvador’s largest commercial banks. It provides a full line of financial services to companies and individuals. The purpose of the IIC project is to support the bank’s lending activities and partially fund the growth of its SME portfolio. The IIC’s US$20 million loan will enable the bank to expand its medium-term funding. 'Banco de América Central S.A. ("BAC") is one of El Salvador’s largest commercial banks. It provides a full line of financial services to companies and individuals. The purpose of the IIC project is to support the bank’s lending activities and partially fund the growth of its SME portfolio. The IIC’s US$20 million loan will enable the bank to expand its medium-term funding. IDB Invest Banco de América Central S.A. IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions 20000000 20000000 20000000 Banco de América Central S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3905A-01 IDB Invest In order to boost their business in the agricultural sector, AGCO Corporation and Rabobank, through Rabobank affiliate De Lage Landen, have partnered in several countries and formed companies that provide financing to buyers of agricultural equipment. Worldwide, the joint venture is called AGCO Finance. AGCO Corporation, a U.S. corporation with assets of nearly US$4.9 billion, is a leading manufacturer and distributor of agricultural equipment. Its products are sold under the Challenger, Fendt, Massey Ferguson, and Valtra brands. AGCO Corporation operates in more than 140 countries with a network of more than 2,800 dealers who, in addition to selling and servicing the machinery, provide farmers with tailored financing. De Lage Landen was founded in 1969 as a leasing company based in the Netherlands. It has become a global provider of leasing, business, and consumer finance solutions, including vendor finance and factoring. It is present in more than 35 countries in Europe, North America, South America, Australia, and Asia, and has 5,000 employees. AGCO Capital Argentina S.A. provides financing in the form of pledge loans to individuals and small and medium-size companies in Argentina, chiefly for the purchase of agricultural equipment. Most of the financing is dollar-denominated; to be eligible, the farmers must produce commodities such as corn, wheat, sunflower seeds, and soybeans. AGCO Capital Argentina S.A. has a financing agreement with AGCO Argentina’s nationwide network of 150 dealers. The proceeds of the IIC loan to AGCO Capital Argentina S.A. will be used to provide financing to small and medium-size enterprises in Argentina by granting loans secured by pledges on equipment pursuant to eligibility requirements to be established by the IIC. In order to boost their business in the agricultural sector, AGCO Corporation and Rabobank, through Rabobank affiliate De Lage Landen, have partnered in several countries and formed companies that provide financing to buyers of agricultural equipment. Worldwide, the joint venture is called AGCO Finance. AGCO Corporation, a U.S. corporation with assets of nearly US$4.9 billion, is a leading manufacturer and distributor of agricultural equipment. Its products are sold under the Challenger, Fendt, Massey Ferguson, and Valtra brands. AGCO Corporation operates in more than 140 countries with a network of more than 2,800 dealers who, in addition to selling and servicing the machinery, provide farmers with tailored financing. De Lage Landen was founded in 1969 as a leasing company based in the Netherlands. It has become a global provider of leasing, business, and consumer finance solutions, including vendor finance and factoring. It is present in more than 35 countries in Europe, North America, South America, Australia, and Asia, and has 5,000 employees. AGCO Capital Argentina S.A. provides financing in the form of pledge loans to individuals and small and medium-size companies in Argentina, chiefly for the purchase of agricultural equipment. Most of the financing is dollar-denominated; to be eligible, the farmers must produce commodities such as corn, wheat, sunflower seeds, and soybeans. AGCO Capital Argentina S.A. has a financing agreement with AGCO Argentina’s nationwide network of 150 dealers. The proceeds of the IIC loan to AGCO Capital Argentina S.A. will be used to provide financing to small and medium-size enterprises in Argentina by granting loans secured by pledges on equipment pursuant to eligibility requirements to be established by the IIC. IDB Invest AGCO Capital Argentina S.A. IDB Invest Orellana, Ana Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions 10000000 10000000 10000000 Agco Capital Argentina S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-JA3351A-01 IDB Invest This operation consists of a loan to Jamaica Broilers Group Limited to finance working capital, to support and strengthen the company’s operations. This operation consists of a loan to Jamaica Broilers Group Limited to finance working capital, to support and strengthen the company’s operations. IDB Invest Jamaica Broilers Group Limited IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Agribusiness 7000000 7000000 7000000 Jamaica Broilers Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO3597A-01 IDB Invest Altmann Montero Exportaciones S.R.L. Altmann Montero Exportaciones S.R.L. IDB Invest IDB Invest Paredes, Cristina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Agribusiness 400000 400000 400000 Altmann Montero Exportaciones S.R.L. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-JA0004A-01 IDB Invest Ciboney Villas Ciboney Villas IDB Invest IDB Invest Darville, Sandra +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Tourism 4600000 4600000 4600000 Ciboney Villas Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC1045A-01 IDB Invest The proposed line of credit is for a loan in the amount of US$5million to Banco Bolivariano C.A. 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$5million to Banco Bolivariano C.A. 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. IDB Invest Banco Bolivariano C.A. IDB Invest Echeverri, Ana Rosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 5000000 5000000 5000000 Banco Bolivariano Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1131A-01 IDB Invest The proposed project is for a Loan for up to US$5 million to BicBanco, S.A. The proceeds will be used to provide financing to small and medium-sized Brazilian exporters, for working capital purposes. The proposed project is for a Loan for up to US$5 million to BicBanco, S.A. The proceeds will be used to provide financing to small and medium-sized Brazilian exporters, for working capital purposes. IDB Invest BicBanco, S.A. IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 5000000 5000000 5000000 BicBanco Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC1042A-01 IDB Invest 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. IDB Invest Banco de la Producción, S.A. - Produbanco IDB Invest Echeverri, Ana Rosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 7000000 7000000 7000000 Produbanco Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR1032A-01 IDB Invest Velox Inversiones, S.A./Banco Velox Velox Inversiones, S.A./Banco Velox IDB Invest IDB Invest Varela, Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions 6500000 6500000 6500000 Velox Inversiones, S.A./Banco Velox Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3882A-01 IDB Invest The proposed project consists of a long-term loan of up to US$3 million to Banca Promérica. The loan proceeds will be used to finance small and medium-size Costa Rican enterprises that require medium- and long-term funds to finance expansions, the acquisition of fixed assets or machinery, or working capital, as well as financing low-middle and middle income mortgage loans. The proposed project consists of a long-term loan of up to US$3 million to Banca Promérica. The loan proceeds will be used to finance small and medium-size Costa Rican enterprises that require medium- and long-term funds to finance expansions, the acquisition of fixed assets or machinery, or working capital, as well as financing low-middle and middle income mortgage loans. IDB Invest Banca Promérica S.A. IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 3000000 3000000 3000000 Banca Promerica Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3869A-01 IDB Invest Termas de Lahuen Co S.A. operates the Termas de Lahuen Co mountain spa concession in the heart of Lanín National Park, in Argentina’s Neuquén province. The spa is in the mountains 80 kilometers from San Martín de los Andes, surrounded by lakes, at an altitude of 900 meters above sea level. The facilities include a balneotherapy building with four covered pools and a spa hot tub, expansive open-air terraces and gardens, three outdoor pools, a restaurant that seats forty people and a thematic walkway. The buildings total some 600 square meters. Termas de Lahuen Co has requested a US$750,000 loan from the IIC to build an eleven-room lodge on the site, as well as staff housing. The proceeds would also be used to purchase a turbine, a motor launch, vehicles, and furnishings. Termas de Lahuen Co S.A. operates the Termas de Lahuen Co mountain spa concession in the heart of Lanín National Park, in Argentina’s Neuquén province. The spa is in the mountains 80 kilometers from San Martín de los Andes, surrounded by lakes, at an altitude of 900 meters above sea level. The facilities include a balneotherapy building with four covered pools and a spa hot tub, expansive open-air terraces and gardens, three outdoor pools, a restaurant that seats forty people and a thematic walkway. The buildings total some 600 square meters. Termas de Lahuen Co has requested a US$750,000 loan from the IIC to build an eleven-room lodge on the site, as well as staff housing. The proceeds would also be used to purchase a turbine, a motor launch, vehicles, and furnishings. IDB Invest Termas de Lahuen Co S.A. and Torremolinos Lahuen Co S.A. IDB Invest Orellana, Ana Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Tourism 750000 750000 750000 Termas de Lahuen Co Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3870A-01 IDB Invest Fincas Patagónicas is a family-owned business that is classed as a small and medium-size enterprise (SME) in Argentina. The Company owns Bodega Tapiz (brand name), a winery specializing in fine wine that is chiefly for export. It began operating in 2003 after acquiring the assets of an international company. The proposed IIC loan will be used to finance the following: (i) purchase stainless steel tanks and carry out minor construction work to expand the winery’s installed capacity to up to 2 million liters per year, i.e., a 100% increase; (ii) plant 80 hectares in winegrapes; and (iii) purchase oak barrels. With this project, the IIC will (i) support the growth of an export-oriented Argentinean SME operating in a growing, strategic sector that is a significant generator of foreign exchange; and (ii) support the development of an SME by enabling it to strengthen its competitive position in a sector dominated by large corporations with international backing. Fincas Patagónicas is a family-owned business that is classed as a small and medium-size enterprise (SME) in Argentina. The Company owns Bodega Tapiz (brand name), a winery specializing in fine wine that is chiefly for export. It began operating in 2003 after acquiring the assets of an international company. The proposed IIC loan will be used to finance the following: (i) purchase stainless steel tanks and carry out minor construction work to expand the winery’s installed capacity to up to 2 million liters per year, i.e., a 100% increase; (ii) plant 80 hectares in winegrapes; and (iii) purchase oak barrels. With this project, the IIC will (i) support the growth of an export-oriented Argentinean SME operating in a growing, strategic sector that is a significant generator of foreign exchange; and (ii) support the development of an SME by enabling it to strengthen its competitive position in a sector dominated by large corporations with international backing. IDB Invest Fincas Patagónicas S.A. IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Manufacturing 2000000 2000000 2000000 Fincas Patagónicas S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3835A-01 IDB Invest The Energía Pacífico S.A. project consists of building and operating a biomass cogeneration power plant to be located in San Francisco de Mostazal, in Chile’s Region VI (63 kilometers south of Santiago). With an installed capacity of 15.6 MW, the plant will be able to generate 131.5 GWh of clean power and 297,500 tons of steam per year. All of the steam and part of the power generated will be sold to Compañía Papelera del Pacífico S.A. (CPP), a shareholder of Energía Pacífico. The remainder will be sold to the central interconnected system. Commercial start-up of the plant is expected in the last quarter of 2009. The company plans to seek greenhouse gas reduction certification and obtain carbon credits under the Clean Development Mechanism provisions of the United Nations Framework Convention on Climate Change. With this operation, the IIC will be supporting the development of an electric power project in Chile by providing the long-term financing (up to twelve years) that such projects usually require. Chile’s burgeoning domestic demand, power generation shortfall, and dependence on imported fossil fuels indicate that its energy market fundamentals are sound and should encourage visionary companies such as Empresas Coipsa S.A. to invest in this sector in Chile. The Energía Pacífico S.A. project consists of building and operating a biomass cogeneration power plant to be located in San Francisco de Mostazal, in Chile’s Region VI (63 kilometers south of Santiago). With an installed capacity of 15.6 MW, the plant will be able to generate 131.5 GWh of clean power and 297,500 tons of steam per year. All of the steam and part of the power generated will be sold to Compañía Papelera del Pacífico S.A. (CPP), a shareholder of Energía Pacífico. The remainder will be sold to the central interconnected system. Commercial start-up of the plant is expected in the last quarter of 2009. The company plans to seek greenhouse gas reduction certification and obtain carbon credits under the Clean Development Mechanism provisions of the United Nations Framework Convention on Climate Change. With this operation, the IIC will be supporting the development of an electric power project in Chile by providing the long-term financing (up to twelve years) that such projects usually require. Chile’s burgeoning domestic demand, power generation shortfall, and dependence on imported fossil fuels indicate that its energy market fundamentals are sound and should encourage visionary companies such as Empresas Coipsa S.A. to invest in this sector in Chile. IDB Invest Empresas Coipsa S.A. IDB Invest Rivadeneira Arbildua, María Paz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Energy 6800000 6800000 6800000 Energía Pacífico Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3453A-03 IDB Invest The proposed operation consists of renewing the financing for the program for storing and/or purchasing mainly white corn from small grain farmers. As part of the project, ALMER will use the proceeds from the IIC loan to provide financing to small producers by (i) purchasing their production with an option to repurchase (repo) or (ii) warehousing their product until it is sold. In both cases ALMER will issue warehouse receipts that will secure the IIC’s loan. The proposed operation consists of renewing the financing for the program for storing and/or purchasing mainly white corn from small grain farmers. As part of the project, ALMER will use the proceeds from the IIC loan to provide financing to small producers by (i) purchasing their production with an option to repurchase (repo) or (ii) warehousing their product until it is sold. In both cases ALMER will issue warehouse receipts that will secure the IIC’s loan. IDB Invest Almacenadora Mercader S.A. (ALMER) IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 10000000 10000000 10000000 Almacenadora Mercader S.A. IV Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3898A-01 IDB Invest Maderas Cultivadas belongs to the Grupo Forestal Los Nacientes group of companies. Its sowing, planting, processing, and marketing operations are fully integrated. The purpose of the project is to consolidate the expansion of operations in Nicaragua by purchasing land to be planted in melina wood. The plantations will be certified by the Forest Stewardship Council (FSC), as are the company’s and the group’s existing plantations. The proposed loan will help consolidate the company’s growth over the long term and make it possible to replicate the current business model in a neighboring country, Nicaragua, in the medium term. This will provide new sources of jobs in the immediate future and help build a forest agribusiness similar to Costa Rica’s. The IIC loan to Maderas Cultivadas entails two significant benefits. First, it will provide long-term financing that is otherwise scarce, for investing in expanding operations abroad. It will also support an agroforestry company whose sustainable management of its business model not only creates job opportunities in very remote rural areas but also makes it possible to encourage entrepreneurship in the area. Microentrepreneurs will sell their harvest to the group and thus establish a useful forestry cluster in Nicaragua. Maderas Cultivadas belongs to the Grupo Forestal Los Nacientes group of companies. Its sowing, planting, processing, and marketing operations are fully integrated. The purpose of the project is to consolidate the expansion of operations in Nicaragua by purchasing land to be planted in melina wood. The plantations will be certified by the Forest Stewardship Council (FSC), as are the company’s and the group’s existing plantations. The proposed loan will help consolidate the company’s growth over the long term and make it possible to replicate the current business model in a neighboring country, Nicaragua, in the medium term. This will provide new sources of jobs in the immediate future and help build a forest agribusiness similar to Costa Rica’s. The IIC loan to Maderas Cultivadas entails two significant benefits. First, it will provide long-term financing that is otherwise scarce, for investing in expanding operations abroad. It will also support an agroforestry company whose sustainable management of its business model not only creates job opportunities in very remote rural areas but also makes it possible to encourage entrepreneurship in the area. Microentrepreneurs will sell their harvest to the group and thus establish a useful forestry cluster in Nicaragua. IDB Invest Maderas Cultivadas de Costa Rica S.A. IDB Invest Fonseca, Juan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Agribusiness 1500000 1500000 1500000 Maderas Cultivadas Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH1033A-01 IDB Invest Minera Yolanda S.A. Minera Yolanda S.A. IDB Invest IDB Invest Mahler, Mario +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Energy 9000000 9000000 9000000 Minera Yolanda S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR1127A-01 IDB Invest Dominion Nonwoven Sudamericana, S.A. Dominion Nonwoven Sudamericana, S.A. IDB Invest IDB Invest Barsantini, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Manufacturing 10000000 10000000 10000000 Dominion Nonwoven Sudamericana, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3579A-01 IDB Invest The project consists of a long-term loan of up to US$1 million to Financiera Multivalores. The loan proceeds will be used to finance the growth of the residential mortgage portfolio. The project consists of a long-term loan of up to US$1 million to Financiera Multivalores. The loan proceeds will be used to finance the growth of the residential mortgage portfolio. IDB Invest Financiera Multivalores IDB Invest Savastano, Ana Cecilia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 1000000 1000000 1000000 Financiera Multivalores Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN1024B-01 IDB Invest The purpose of the project is to increase the available generation capacity at the main power plant (Santa Fé) by purchasing a unit in addition to the three existing units in operation. Going forward, this will ensure sufficient backup capacity for the company to meet growing demand in the remote areas it serves, which are not on the National Interconnected System. Provide long-term financing: This second operation complements the IIC's first loan to Ternor granted in 2002 to finance the start-up of operations; that loan matures in 2010, as will the second. Support a high value added industry: Power generation is a process that transforms resources and requires technology and infrastructure to do so. Its added value lies in providing power to remote communities with limited economic activity and in the multiplier effect achieved by improving the standard of living and opening opportunities for new productive activities in rural areas. Strengthen a medium-size company: The project will help the company manage growth and provide it with reasonable backup power generation potential and the ability to meet future demand. This will protect many jobs, which is unusual for power companies because most power plants are not as labor-intensive as Ternor, which manages thirteen plants in several provinces and islands in the Republic of Panama. Generate business for SMEs: Companies that transport fuel overland and by sea will benefit from serving Ternor's thirteen facilities throughout Panama. Companies that supply spare parts and occupational health and other services will also benefit from the company's day-to-day operations. Promote best production practices: Acquiring new equipment with the same features as the equipment already installed at the main power plant (Santa Fé) will not only ensure consistent, smooth operations and provide technological upgrades but will also help the company become a model of steady growth and efficient power generation that will benefit overall governance and operating productivity. The purpose of the project is to increase the available generation capacity at the main power plant (Santa Fé) by purchasing a unit in addition to the three existing units in operation. Going forward, this will ensure sufficient backup capacity for the company to meet growing demand in the remote areas it serves, which are not on the National Interconnected System. Provide long-term financing: This second operation complements the IIC's first loan to Ternor granted in 2002 to finance the start-up of operations; that loan matures in 2010, as will the second. Support a high value added industry: Power generation is a process that transforms resources and requires technology and infrastructure to do so. Its added value lies in providing power to remote communities with limited economic activity and in the multiplier effect achieved by improving the standard of living and opening opportunities for new productive activities in rural areas. Strengthen a medium-size company: The project will help the company manage growth and provide it with reasonable backup power generation potential and the ability to meet future demand. This will protect many jobs, which is unusual for power companies because most power plants are not as labor-intensive as Ternor, which manages thirteen plants in several provinces and islands in the Republic of Panama. Generate business for SMEs: Companies that transport fuel overland and by sea will benefit from serving Ternor's thirteen facilities throughout Panama. Companies that supply spare parts and occupational health and other services will also benefit from the company's day-to-day operations. Promote best production practices: Acquiring new equipment with the same features as the equipment already installed at the main power plant (Santa Fé) will not only ensure consistent, smooth operations and provide technological upgrades but will also help the company become a model of steady growth and efficient power generation that will benefit overall governance and operating productivity. IDB Invest Térmica del Noreste, S.A. IDB Invest Fonseca, Juan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Energy 1850000 1850000 1850000 Termica del Noreste S.A. II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3834A-01 IDB Invest The IIC seeks to grant a partial guarantee for Alquería's bond issue on the local market. Eighty-five percent of the proceeds will be used to replace borrowings, and the remaining 15% will be used to finance the expansion plan. With this operation, the IIC will be supporting the development of the dairy industry in Colombia, as well as making it easier to access alternative sources of financing, such as the capital market. Alquería is the leading producer of extended shelf-life milk in Colombia and has more than forty years of experience in the dairy industry. The IIC seeks to grant a partial guarantee for Alquería's bond issue on the local market. Eighty-five percent of the proceeds will be used to replace borrowings, and the remaining 15% will be used to finance the expansion plan. With this operation, the IIC will be supporting the development of the dairy industry in Colombia, as well as making it easier to access alternative sources of financing, such as the capital market. Alquería is the leading producer of extended shelf-life milk in Colombia and has more than forty years of experience in the dairy industry. IDB Invest Productos Naturales de la Sabana S.A. ALQUERÍA IDB Invest De Narvaez, Olga Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Agribusiness 7648000 7648000 7648000 Alqueria Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3823A-01 IDB Invest Unión de Crédito General Unión de Crédito General IDB Invest IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 2000000 2000000 2000000 Unión de Crédito General Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3824A-01 IDB Invest Delicarnes, S.A. Delicarnes, S.A. IDB Invest IDB Invest Azcona, Elizabeth +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Manufacturing 190000 190000 190000 Delicarnes, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO3571A-01 IDB Invest Nexcom Nexcom IDB Invest IDB Invest Lesme, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Digital Economy 180000 180000 180000 Nexcom Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN3752A-01 IDB Invest QBE del Istmo specializes in reinsurance. It is headquartered in Panama and has a presence in more than twenty countries throughout Central and South America. The company is 60% Panamanian-owned; the remaining 40% is controlled by Australia’s QBE Insurance Group, which ranks among the twenty-five largest insurers in the world. The company serves small and medium-size local insurance companies with a traditional reinsurance product base. QBE del Istmo wrote more than US$202 million in premiums in 2008. The project consists of a US$10 million investment in redeemable preferred shares. The purpose of the investment is to enable QBE del Istmo to expand its presence in the region and diversify its range of products and services. QBE del Istmo began its expansion by acquiring American Assurance, an insurance company in Panama. In 2008 QBE del Istmo entered the dental insurance market in Brazil, Chile, Costa Rica, Colombia, and Ecuador. The investment will boost these operations and help the company further develop products and serve segments that are not served by large, worldwide reinsurance companies. In 2008 QBE del Istmo wrote more than 500 dental insurance and/or assistance policies per day in the region. QBE del Istmo specializes in reinsurance. It is headquartered in Panama and has a presence in more than twenty countries throughout Central and South America. The company is 60% Panamanian-owned; the remaining 40% is controlled by Australia’s QBE Insurance Group, which ranks among the twenty-five largest insurers in the world. The company serves small and medium-size local insurance companies with a traditional reinsurance product base. QBE del Istmo wrote more than US$202 million in premiums in 2008. The project consists of a US$10 million investment in redeemable preferred shares. The purpose of the investment is to enable QBE del Istmo to expand its presence in the region and diversify its range of products and services. QBE del Istmo began its expansion by acquiring American Assurance, an insurance company in Panama. In 2008 QBE del Istmo entered the dental insurance market in Brazil, Chile, Costa Rica, Colombia, and Ecuador. The investment will boost these operations and help the company further develop products and serve segments that are not served by large, worldwide reinsurance companies. In 2008 QBE del Istmo wrote more than 500 dental insurance and/or assistance policies per day in the region. IDB Invest QBE del Istmo Compañía de Reaseguros, Inc. IDB Invest Rojas Cuellar, Lina Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 4000000 4000000 4000000 QBE del Istmo Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3867A-01 IDB Invest Industrial Pesquera Santa Priscila S.A. (IPSP) is an integrated shrimp and tilapia producer with breeding, hatchery, and nursery facilities, several grow-out stages and areas, and processing and packaging plants for exporting to Europe, the United States, and China and other Asian nations. IPSP’s shrimp farms are extensive, low-density operations with ten to twenty shrimp per square meter that use a tilapia polyculture (tilapia-shrimp) system. With more than twenty years of experience in the industry, IPSP is one of Latin America’s largest producers of shrimp and tilapa and Ecuador’s third largest exporter. IPSP has successfully weathered several economic cycles in the industry, including challenges and problems in disease management, yields, and price volatility. IPSP has developed genetic selection programs yielding breeders and progeny that are tolerant to most known aquaculture pathogens. For its shrimp and tilapia harvests it has also developed a traceability system for each unit produced and exported from each pond, using technology, computers, and staff trained in biology and production processes. IPSP has HACCP certification from Ecuador’s fisheries authority, the Instituto Nacional de Pesca (INP), as well as quality certification under the Whole Foods Market Seafood Quality Standards. IPSP is a significant contributor to Ecuador’s social security agency, the Instituto Ecuatoriano de Seguridad Social. The objective of this IIC operation is to enable IPSP to finance a portion of its 2011 fixed asset investments, primarily for upgrading its processing plants and making them more efficient, as well as investments in infrastructure, equipment, and materials for its production farms, and investments related to the environmental management plan. Industrial Pesquera Santa Priscila S.A. (IPSP) is an integrated shrimp and tilapia producer with breeding, hatchery, and nursery facilities, several grow-out stages and areas, and processing and packaging plants for exporting to Europe, the United States, and China and other Asian nations. IPSP’s shrimp farms are extensive, low-density operations with ten to twenty shrimp per square meter that use a tilapia polyculture (tilapia-shrimp) system. With more than twenty years of experience in the industry, IPSP is one of Latin America’s largest producers of shrimp and tilapa and Ecuador’s third largest exporter. IPSP has successfully weathered several economic cycles in the industry, including challenges and problems in disease management, yields, and price volatility. IPSP has developed genetic selection programs yielding breeders and progeny that are tolerant to most known aquaculture pathogens. For its shrimp and tilapia harvests it has also developed a traceability system for each unit produced and exported from each pond, using technology, computers, and staff trained in biology and production processes. IPSP has HACCP certification from Ecuador’s fisheries authority, the Instituto Nacional de Pesca (INP), as well as quality certification under the Whole Foods Market Seafood Quality Standards. IPSP is a significant contributor to Ecuador’s social security agency, the Instituto Ecuatoriano de Seguridad Social. The objective of this IIC operation is to enable IPSP to finance a portion of its 2011 fixed asset investments, primarily for upgrading its processing plants and making them more efficient, as well as investments in infrastructure, equipment, and materials for its production farms, and investments related to the environmental management plan. IDB Invest Industrial Pesquera Santa Priscila S.A. IDB Invest Quinones, Jose Gustavo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Agribusiness 5000000 5000000 5000000 Industrial Pesquera Santa Priscila Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN3755A-01 IDB Invest The proposed investment in Hidroeléctrica San Lorenzo is for the construction of an 8.6-megawatt electric power plant generating approximately 40 gigawatt-hours per year. The project will be located in the Boca del Monte division (corregimiento) of San Lorenzo District, Chiriquí Province, close to the villages of Sábalo and Balita, 45 kilometers east of the city of David, on the banks of the Fonseca River. The power will be carried to the Chiriquí substation by a 12-kilometer power transmission line. The project entails constructing an unreglated run-of-the-river plant with minimal pondage at the penstock intake. The main objective of the Hidroeléctrica San Lorenzo power plant is to supply Panama’s electric power grid with electricity at a reasonable cost, from a clean, renewable energy source such as a run-of-the-river hydroelectric power plant. The project qualifies for registration as a Clean Development Mechanism (CDM) project. Hidroeléctrica San Lorenzo S.A. is a special-purpose vehicle set up by its sponsors, Messrs. Ignacio and Gerardo Cuerva Valdivia, in Panama. The project requires two 4.35-megawatt Kaplan turbines. The Spanish firm Baliño S.A. de España will supply and install the equipment. The construction firm will be Saret de Costa Rica. Part of the power will be sold to distributors in Panama through bidding processes, with another part to be sold on the open market. Hidroeléctrica San Lorenzo already has approval for dispatching its firm power. The proposed investment in Hidroeléctrica San Lorenzo is for the construction of an 8.6-megawatt electric power plant generating approximately 40 gigawatt-hours per year. The project will be located in the Boca del Monte division (corregimiento) of San Lorenzo District, Chiriquí Province, close to the villages of Sábalo and Balita, 45 kilometers east of the city of David, on the banks of the Fonseca River. The power will be carried to the Chiriquí substation by a 12-kilometer power transmission line. The project entails constructing an unreglated run-of-the-river plant with minimal pondage at the penstock intake. The main objective of the Hidroeléctrica San Lorenzo power plant is to supply Panama’s electric power grid with electricity at a reasonable cost, from a clean, renewable energy source such as a run-of-the-river hydroelectric power plant. The project qualifies for registration as a Clean Development Mechanism (CDM) project. Hidroeléctrica San Lorenzo S.A. is a special-purpose vehicle set up by its sponsors, Messrs. Ignacio and Gerardo Cuerva Valdivia, in Panama. The project requires two 4.35-megawatt Kaplan turbines. The Spanish firm Baliño S.A. de España will supply and install the equipment. The construction firm will be Saret de Costa Rica. Part of the power will be sold to distributors in Panama through bidding processes, with another part to be sold on the open market. Hidroeléctrica San Lorenzo already has approval for dispatching its firm power. IDB Invest Hidroeléctrica San Lorenzo S.A. IDB Invest Ciurlizza, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Energy 10500000 10500000 10500000 San Lorenzo Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3842A-01 IDB Invest The project consists of a corporate loan to be used for (i) financing investments in fixed assets to maintain installed capacity, improve product quality, and increase operating efficiency; (ii) investing in several subprojects that will comply with environmental management programs and standards such as ISO 14001; and (iii) financing permanent working capital. Compañía Ecuatoriana de Caucho (Erco) produces and sells Continental and General Tire brand tires for automobiles, light trucks, and trucks. The company has more than thirty years of experience. Erco is the leader in the domestic market in Ecuador and exports a significant percentage of its production to Andean region countries. The project consists of a corporate loan to be used for (i) financing investments in fixed assets to maintain installed capacity, improve product quality, and increase operating efficiency; (ii) investing in several subprojects that will comply with environmental management programs and standards such as ISO 14001; and (iii) financing permanent working capital. Compañía Ecuatoriana de Caucho (Erco) produces and sells Continental and General Tire brand tires for automobiles, light trucks, and trucks. The company has more than thirty years of experience. Erco is the leader in the domestic market in Ecuador and exports a significant percentage of its production to Andean region countries. IDB Invest Compañía Ecuatoriana del Caucho S.A. IDB Invest Hernandez, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing 6000000 6000000 6000000 Continental Tire Andina S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR3912A-02 IDB Invest The purpose of the IIC loan is to finance eligible projects via subloans to eligible enterprises in Paraguay that meet IIC and Banco Bilbao Vizcaya Argentaria Paraguay S.A. loan eligibility criteria and environmental and labor requirements. These small and medium-sized enterprises (SMEs) in Paraguay need medium- or long-term financing in order to carry out their operations. Financing on appropriate terms will help create direct and indirect jobs and improve the financial structure of SMEs, which currently have limited access to financing with terms longer than one year. Eligible enterprises will use the proceeds to purchase fixed assets and machinery, as well as for working capital investments. The US$65 million IIC loan comprises an A loan of up to US$15 million and a B loan of up to US$50 million. The purpose of the IIC loan is to finance eligible projects via subloans to eligible enterprises in Paraguay that meet IIC and Banco Bilbao Vizcaya Argentaria Paraguay S.A. loan eligibility criteria and environmental and labor requirements. These small and medium-sized enterprises (SMEs) in Paraguay need medium- or long-term financing in order to carry out their operations. Financing on appropriate terms will help create direct and indirect jobs and improve the financial structure of SMEs, which currently have limited access to financing with terms longer than one year. Eligible enterprises will use the proceeds to purchase fixed assets and machinery, as well as for working capital investments. The US$65 million IIC loan comprises an A loan of up to US$15 million and a B loan of up to US$50 million. IDB Invest Banco Bilbao Vizcaya Argentaria Paraguay S.A. IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 15000000 15000000 15000000 BBVA Paraguay Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME1013A-01 IDB Invest Finmicro Finmicro IDB Invest IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 1028000 1028000 1028000 Finmicro Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR0003A-01 IDB Invest Banco Surinvest, S.A. Banco Surinvest, S.A. IDB Invest IDB Invest Varela, Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Financial Institutions 6000000 6000000 6000000 Banco Surinvest, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR1036A-01 IDB Invest The project consists of a credit line to BAPSA for on-lending to eligible Paraguayan SMEs, mainly for export-related or import substitution projects. Subloans will be made in U.S. dollars with a minimum of two years to a maximum of five year maturities. Maximum subloan amounts shall not exceed US$500,000 to finance the acquisition of fixed assets and working capital. Financing of working capital will be restricted to 30% of the line. Resources will be primarily used to finance agribusiness, cattle rise, agroindustrial, and agricultural services sectors. The project consists of a credit line to BAPSA for on-lending to eligible Paraguayan SMEs, mainly for export-related or import substitution projects. Subloans will be made in U.S. dollars with a minimum of two years to a maximum of five year maturities. Maximum subloan amounts shall not exceed US$500,000 to finance the acquisition of fixed assets and working capital. Financing of working capital will be restricted to 30% of the line. Resources will be primarily used to finance agribusiness, cattle rise, agroindustrial, and agricultural services sectors. IDB Invest Banco Alemán Paraguayo S.A. IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 7500000 7500000 7500000 Banco Aleman Paraguayo II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR0003A-01 IDB Invest CRP-Capital de Risco S.A. Venture Capital CRP-Capital de Risco S.A. Venture Capital IDB Invest IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 2000000 2000000 2000000 CRP-Capital de Risco S.A. Venture Capital Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME1161A-01 IDB Invest Participation in risk in favor of the financial institutions participating in the IIC-NAFIN Guarantee Program, with Nacional Financiera, S.N.C. (NAFIN), a Mexican development bank and a leader in providing financing to small and medium-size enterprises that supply public sector agencies and first-tier private companies. The program for participating in risk will provide access to working capital financing for small suppliers of first-tier companies; this will be accomplished through financial institutions (banks) that will provide funding to small enterprises in the form of loans to finance orders. The banks will absorb 50% of the risk, and NAFIN, through Trust 1148-O set up for this purpose, will guarantee 50% (20% of the Trust funds will be contributed by the IIC and 30% will be directly from the Trust’s own resources) of the loans to small suppliers of first-tier companies operating in a variety of productive sectors throughout Mexico. Participation in risk in favor of the financial institutions participating in the IIC-NAFIN Guarantee Program, with Nacional Financiera, S.N.C. (NAFIN), a Mexican development bank and a leader in providing financing to small and medium-size enterprises that supply public sector agencies and first-tier private companies. The program for participating in risk will provide access to working capital financing for small suppliers of first-tier companies; this will be accomplished through financial institutions (banks) that will provide funding to small enterprises in the form of loans to finance orders. The banks will absorb 50% of the risk, and NAFIN, through Trust 1148-O set up for this purpose, will guarantee 50% (20% of the Trust funds will be contributed by the IIC and 30% will be directly from the Trust’s own resources) of the loans to small suppliers of first-tier companies operating in a variety of productive sectors throughout Mexico. IDB Invest Nacional Financiera, S.N.C. IDB Invest Arizu, Sotero +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 20000000 20000000 20000000 IIC-NAFIN Guarantees Program Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR1029A-01 IDB Invest Banco de Galicia y Buenos S.A. Banco de Galicia y Buenos S.A. IDB Invest IDB Invest Rey Marino, Federico Alfredo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions 2345970 2345970 2345970 Banco de Galicia y Buenos S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR1053A-01 IDB Invest The project of Camino a las Sierras S.A. consists of the reconstruction and maintenance of a section of Ruta 8, a toll road connecting the capital city of Montevideo, in the south of the country, with the city of Melo in the east, and also linking with the road system in the south of Brazil. The total length covered by the project is about 82 kilometers, between the cities of Pando and Minas. The route is an important connecting link between the capital city (which is also the country's main port) with a region rich in agricultural production, rice production, cattle, wool and forestry products. Both Pando and Minas have significant industrial activity. Furthermore, Ruta 8 is the main road link with southern Brazil, and is thus an important corridor for Uruguayan exports and imports with this neighboring country. The Company will operate under a B.O.T. concession that will operate and receive the proceeds of the existing toll. The reconstruction of Ruta 8 aims at the improvement of traffic safety through the re-paving of deteriorated driving surfaces, reconstructing of shoulders, better signaling, illumination at intersections, and the construction of a two-level crossing at the intersection with Ruta 11, one of the most dangerous crossings in Uruguay. IIC's role in the proposed transaction is important for the following reasons: It will improve the road system, enhancing transportation efficiency between the capital city and one of the main productive regions of the country. It will also promote regional integration through a better communication with Brazil, Uruguay's main commercial partner. The re-paving of Ruta 8, the improvement of the signalization and illumination, and the new two-level crossing at the intersection with Ruta 11 will improve safety and contribute to the reduction of car accidents. The new operation will provide users with services such as medical emergency and mechanical assistance, which today are unavailable. The project will have a positive social and economic impact from various perspectives. It will create 30 direct jobs and significant number of indirect jobs. During the construction phase (estimated duration: four years), it will create another 70 jobs. The project of Camino a las Sierras S.A. consists of the reconstruction and maintenance of a section of Ruta 8, a toll road connecting the capital city of Montevideo, in the south of the country, with the city of Melo in the east, and also linking with the road system in the south of Brazil. The total length covered by the project is about 82 kilometers, between the cities of Pando and Minas. The route is an important connecting link between the capital city (which is also the country's main port) with a region rich in agricultural production, rice production, cattle, wool and forestry products. Both Pando and Minas have significant industrial activity. Furthermore, Ruta 8 is the main road link with southern Brazil, and is thus an important corridor for Uruguayan exports and imports with this neighboring country. The Company will operate under a B.O.T. concession that will operate and receive the proceeds of the existing toll. The reconstruction of Ruta 8 aims at the improvement of traffic safety through the re-paving of deteriorated driving surfaces, reconstructing of shoulders, better signaling, illumination at intersections, and the construction of a two-level crossing at the intersection with Ruta 11, one of the most dangerous crossings in Uruguay. IIC's role in the proposed transaction is important for the following reasons: It will improve the road system, enhancing transportation efficiency between the capital city and one of the main productive regions of the country. It will also promote regional integration through a better communication with Brazil, Uruguay's main commercial partner. The re-paving of Ruta 8, the improvement of the signalization and illumination, and the new two-level crossing at the intersection with Ruta 11 will improve safety and contribute to the reduction of car accidents. The new operation will provide users with services such as medical emergency and mechanical assistance, which today are unavailable. The project will have a positive social and economic impact from various perspectives. It will create 30 direct jobs and significant number of indirect jobs. During the construction phase (estimated duration: four years), it will create another 70 jobs. IDB Invest Camino a las Sierras S.A. IDB Invest Varela, Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Transport 4000000 4000000 4000000 Camino a las Sierras, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1117A-01 IDB Invest Brazilian Mortgage/ Securitization Com. Brazilian Mortgage/ Securitization Com. IDB Invest IDB Invest Echeverri, Ana Rosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 200000 200000 200000 Brazilian Mortgage/ Securitization Com. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1063A-01 IDB Invest Nueva Vida Nueva Vida IDB Invest IDB Invest Moscoso, Victor Hugo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 2500000 2500000 2500000 Nueva Vida Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU1040A-01 IDB Invest The proposed project consists of the development, implementation and operation of a 20 MW hydroelectric plant. The proposed project consists of the development, implementation and operation of a 20 MW hydroelectric plant. IDB Invest Hidroeléctrica Rio Las Vacas, S. A. IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Energy 10000000 10000000 10000000 Hidroelectrica Las Vacas Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO0002A-01 IDB Invest Banco Hipotecario Nacional Banco Hipotecario Nacional IDB Invest IDB Invest Walsh, Margaret +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Financial Institutions 3750000 3750000 3750000 Banco Hipotecario Nacional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO1027A-01 IDB Invest IMPSAT, S.A. IMPSAT, S.A. IDB Invest IDB Invest Rico, Ricardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Digital Economy 8000000 8000000 8000000 IMPSAT, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC2071A-01 IDB Invest The Hidroabanico project (the "Project") consists of building a mini hydroelectric power plant. Located near the town of Macas in the Amazon river basin, the plant will generate 14.88 MW of clean energy that will replace polluting energy and create jobs in an economically depressed area. This run-of-the-river plant will harness the flow of the Abanico River, so it will not be necessary to build a reservoir. Pelton turbines will be used, and the head will be nearly 350 meters. There will be a 468-meter penstock, with the pipe running down a 2.3-kilometer channel. This project will help modernize power sector infrastructure and increase power generation capacity in Ecuador. The Hidroabanico project (the "Project") consists of building a mini hydroelectric power plant. Located near the town of Macas in the Amazon river basin, the plant will generate 14.88 MW of clean energy that will replace polluting energy and create jobs in an economically depressed area. This run-of-the-river plant will harness the flow of the Abanico River, so it will not be necessary to build a reservoir. Pelton turbines will be used, and the head will be nearly 350 meters. There will be a 468-meter penstock, with the pipe running down a 2.3-kilometer channel. This project will help modernize power sector infrastructure and increase power generation capacity in Ecuador. IDB Invest Hidroabanico S.A. IDB Invest Barros, José Mauro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Energy 7000000 7000000 7000000 Abanico Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH1040A-01 IDB Invest Santiago Advent Chile Fund Santiago Advent Chile Fund IDB Invest IDB Invest Moscoso, Victor Hugo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 1600000 1600000 1600000 Santiago Advent Chile Fund Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR1012A-01 IDB Invest Gralado Bus Terminal Gralado Bus Terminal IDB Invest IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Transport 4800000 4800000 4800000 Gralado Bus Terminal Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR2547A-01 IDB Invest Conaprole is a dairy producer co-op that receives and processes approximately 700 million liters of milk annually from some 2,600 producers. It produces pasteurized milk and a broad range of other products that it markets locally and for export. Exports account for more than 50% of Conaprole's sales and go to more than forty countries. The company is Latin America's second largest exporter of dairy products and one of Uruguay's leading exporters overall. Conaprole was created by law in 1935. The law merged several dairy companies and cooperatives and gave the resulting company a monopoly on the distribution of fluid milk in Uruguay until the monopoly was abolished in 1984. Conaprole has eight industrial plants turning out more than 300 dairy products; fluid milk for consumption accounts for approximately 20% of the total milk processed. Conaprole's range of products also includes non-dairy food products (such as fruit juices and tomato pulp). Conaprole has a technical department that provides producers with advice on production, sanitation, and quality. The company also provides financing for the purchase of production supplies and dairy industry equipment. Through this project, the Corporation will help bolster the economic viability of this co-op consisting of small and medium-size milk producers. This long-term financing from the Corporation will provide support for Conaprole's strategy by providing stable, timely coverage for its working capital requirements and helping finance the replacement of productive assets. The proposed loan is part of the Supply Chain Financial Support Program. The specific purpose of this program is to increase the flow of financing for small and medium-size companies in Latin America and the Caribbean and identify potential clients that are part of a supply chain or suppliers of larger corporations, companies, or economic groups operating in the region. Conaprole is a dairy producer co-op that receives and processes approximately 700 million liters of milk annually from some 2,600 producers. It produces pasteurized milk and a broad range of other products that it markets locally and for export. Exports account for more than 50% of Conaprole's sales and go to more than forty countries. The company is Latin America's second largest exporter of dairy products and one of Uruguay's leading exporters overall. Conaprole was created by law in 1935. The law merged several dairy companies and cooperatives and gave the resulting company a monopoly on the distribution of fluid milk in Uruguay until the monopoly was abolished in 1984. Conaprole has eight industrial plants turning out more than 300 dairy products; fluid milk for consumption accounts for approximately 20% of the total milk processed. Conaprole's range of products also includes non-dairy food products (such as fruit juices and tomato pulp). Conaprole has a technical department that provides producers with advice on production, sanitation, and quality. The company also provides financing for the purchase of production supplies and dairy industry equipment. Through this project, the Corporation will help bolster the economic viability of this co-op consisting of small and medium-size milk producers. This long-term financing from the Corporation will provide support for Conaprole's strategy by providing stable, timely coverage for its working capital requirements and helping finance the replacement of productive assets. The proposed loan is part of the Supply Chain Financial Support Program. The specific purpose of this program is to increase the flow of financing for small and medium-size companies in Latin America and the Caribbean and identify potential clients that are part of a supply chain or suppliers of larger corporations, companies, or economic groups operating in the region. IDB Invest Cooperativa Nacional de Productores de Leche (Conaprole) IDB Invest Barsantini, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Manufacturing 5000000 5000000 5000000 Cooperativa Nacional de Productores de Leche Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH2962B-01 IDB Invest The proposed project consists of a US$2 million loan to FactorLine S.A. The proposed loan would be the IIC’s second transaction with FactorLine, and approval of the operation is based on the company’s good performance during 2004 and the increase in international factoring operations as a result of the free trade agreements signed by Chile. The loan proceeds will be used to finance international factoring operations with a term of up to one year for small and medium-size companies in Chile. These companies must meet the eligibility criteria established by the IIC. The proposed project consists of a US$2 million loan to FactorLine S.A. The proposed loan would be the IIC’s second transaction with FactorLine, and approval of the operation is based on the company’s good performance during 2004 and the increase in international factoring operations as a result of the free trade agreements signed by Chile. The loan proceeds will be used to finance international factoring operations with a term of up to one year for small and medium-size companies in Chile. These companies must meet the eligibility criteria established by the IIC. IDB Invest FactorLine S.A IDB Invest Orellana, Ana Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 2000000 2000000 2000000 Factorline II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3453A-01 IDB Invest The purpose of the project is to establish a program that will provide financing in rural areas through a medium-term US$10 million loan to ALMER, a leading warehousing company, to support ALMER's purchases of grain for making tortillas. The company purchases grain from small farmers in Mexico's principal grain producing areas. This innovative facility that will support the food industry will give small farmers access to financing and foster development of the local capital market The purpose of the project is to establish a program that will provide financing in rural areas through a medium-term US$10 million loan to ALMER, a leading warehousing company, to support ALMER's purchases of grain for making tortillas. The company purchases grain from small farmers in Mexico's principal grain producing areas. This innovative facility that will support the food industry will give small farmers access to financing and foster development of the local capital market IDB Invest Almacenadora Mercader, S.A. de C.V. (ALMER) IDB Invest Arizu, Sotero +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 10000000 10000000 10000000 Almacenadora Mercader S.A. II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3528A-01 IDB Invest The IIC loan will be used to finance the permanent working capital needs arising from Biofilm’s continued growth on the external market. With this operation the IIC will support Colombia and Mexico’s chemicals and plastics industry through one of the local market leaders, a company that has broad experience and an important presence in the external market, particularly in the Andean region, Mexico, and the United States. The IIC loan will be used to finance the permanent working capital needs arising from Biofilm’s continued growth on the external market. With this operation the IIC will support Colombia and Mexico’s chemicals and plastics industry through one of the local market leaders, a company that has broad experience and an important presence in the external market, particularly in the Andean region, Mexico, and the United States. IDB Invest Biofilm S.A. IDB Invest De Narvaez, Olga Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Social Infrastructure 8000000 8000000 8000000 Biofilm S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3132B-01 IDB Invest Leasing de Occidente S.A. Leasing de Occidente S.A. IDB Invest IDB Invest Bermudez, Tomas +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 20000000 20000000 20000000 Leasing de Occidente S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3726A-01 IDB Invest Facileasing Facileasing IDB Invest IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 6300000 6300000 6300000 Facileasing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC2071B-01 IDB Invest Hidroabanico II Hidroabanico II IDB Invest IDB Invest Perez Silva, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Energy 4000000 4000000 4000000 Hidroabanico II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1053A-01 IDB Invest Bozano Advent Brazil Fund Bozano Advent Brazil Fund IDB Invest IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 4000000 4000000 4000000 Bozano Advent Brazil Fund Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3788A-01 IDB Invest Estrella de Precisión Tecnológica S.A. is a precision machine company in the medical components manufacturing sector of Costa Rica; it operates in a free zone. The project consists of financing machinery that will at least double the capacity of the manufacturing facility in Costa Rica and make it possible to pay off the bridge loan, thereby freeing up resources for financing working capital. Estrella de Precisión Tecnológica S.A. is a precision machine company in the medical components manufacturing sector of Costa Rica; it operates in a free zone. The project consists of financing machinery that will at least double the capacity of the manufacturing facility in Costa Rica and make it possible to pay off the bridge loan, thereby freeing up resources for financing working capital. IDB Invest Estrella de Precisión Tecnológica S.A. IDB Invest Fonseca, Juan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Manufacturing 800000 800000 800000 Estrella de Precision Tecnológica Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI1041A-02 IDB Invest Industrias Gemina S.A. Industrias Gemina S.A. IDB Invest IDB Invest Otarola, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Agribusiness 1000000 1000000 1000000 Industrias Gemina S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1091A-01 IDB Invest Inversiones Malecon de la Reserva S.A. Inversiones Malecon de la Reserva S.A. IDB Invest IDB Invest Perez Silva, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Tourism 6500000 6500000 6500000 Inversiones Malecon de la Reserva S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3735A-01 IDB Invest Eurocapital has been active since 1998 in the purchase with recourse of invoices, bills of exchange, checks, contracts, and other documents issued by small and medium–size businesses in the normal course of their business. The proposed project consists of a US$3 million loan to Eurocapital S.A. The IIC Loan will enable Eurocapital to develop its business of factoring documents, in dollars or indexed to the dollar, related primarily to export sales by small and medium-size companies. These companies must meet the IIC’s eligibility criteria. Eurocapital has been active since 1998 in the purchase with recourse of invoices, bills of exchange, checks, contracts, and other documents issued by small and medium–size businesses in the normal course of their business. The proposed project consists of a US$3 million loan to Eurocapital S.A. The IIC Loan will enable Eurocapital to develop its business of factoring documents, in dollars or indexed to the dollar, related primarily to export sales by small and medium-size companies. These companies must meet the IIC’s eligibility criteria. IDB Invest Eurocapital S.A. IDB Invest Orellana, Ana Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 3000000 3000000 3000000 Eurocapital S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO0015A-01 IDB Invest 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. IDB Invest Banco Mercantil, S.A. IDB Invest Bettiol, Rita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Financial Institutions 10000000 10000000 10000000 Banco Mercantil S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR1033A-01 IDB Invest Sagemuller S.A. Sagemuller S.A. IDB Invest IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Agribusiness 4600000 4600000 4600000 Sagemuller S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1129A-03 IDB Invest The proposed loan to Banco Rabobank International Brasil S.A. will be used to finance eligible enterprises in the agricultural sector, either via direct loans or through cooperatives. The beneficiaries will be, among others, small and medium-size farmers that require financing for the acquisition of fixed assets, machinery or working capital. The proposed loan to Banco Rabobank International Brasil S.A. will be used to finance eligible enterprises in the agricultural sector, either via direct loans or through cooperatives. The beneficiaries will be, among others, small and medium-size farmers that require financing for the acquisition of fixed assets, machinery or working capital. IDB Invest Banco Rabobank International Brasil S.A. IDB Invest Moscoso, Victor Hugo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 7500000 7500000 7500000 Banco Rabobank International Brasil Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR3738A-01 IDB Invest Instituto Cultural Anglo Uruguayo Instituto Cultural Anglo Uruguayo IDB Invest IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Social Infrastructure 280000 280000 280000 Instituto Cultural Anglo Uruguayo Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BL0005A-01 IDB Invest Fresh Catch Belize Limited Fresh Catch Belize Limited IDB Invest IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Agribusiness 1000000 1000000 1000000 Fresh Catch Belize Limited Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR3741A-01 IDB Invest Limday Limday IDB Invest IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Transport 1500000 1500000 1500000 Limday Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3821A-02 IDB Invest The goal of this financing by the IIC is to support Grupo Finterra S.A. de C.V.’s lending activities through a medium-term loan in local currency. Grupo Finterra S.A. de C.V. works mainly with small and medium-size agricultural enterprises. The goal of this financing by the IIC is to support Grupo Finterra S.A. de C.V.’s lending activities through a medium-term loan in local currency. Grupo Finterra S.A. de C.V. works mainly with small and medium-size agricultural enterprises. IDB Invest Grupo Finterra S.A de C.V. IDB Invest Navarrete, Monica +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 4000000 4000000 4000000 Grupo Finterra S.A. de CV Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES3362A-01 IDB Invest Tefex Tefex IDB Invest IDB Invest Hernandez, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Agribusiness 1225000 1225000 1225000 Tefex Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR1013A-01 IDB Invest Banco Intercontinental Banco Intercontinental IDB Invest IDB Invest Echeverri, Ana Rosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Financial Institutions 4000000 4000000 4000000 Banco Intercontinental Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3819A-01 IDB Invest NicFoods, S.A. NicFoods, S.A. IDB Invest IDB Invest Jiron, Johnny +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Manufacturing 125000 125000 125000 NicFoods, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3783A-01 IDB Invest The project consists of building additional greenhouses on 175 hectares of land over a period of two years. The proposed expansion plan will enable Melones Internacional (Melones) to increase its greenhouse vegetable production to some 8.6 million crates per year. The project consists of building additional greenhouses on 175 hectares of land over a period of two years. The proposed expansion plan will enable Melones Internacional (Melones) to increase its greenhouse vegetable production to some 8.6 million crates per year. IDB Invest Melones Internacional, S.A. de C.V. IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 10000000 10000000 10000000 Melones Internacionales Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR3612A-01 IDB Invest Industrias Nacionales, C. por A. Industrias Nacionales, C. por A. IDB Invest Industrias Nacionales, C. por A. IDB Invest Hernandez, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Manufacturing 6000000 6000000 6000000 Industrias Nacionales, C. por A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO3574A-01 IDB Invest Rio Selva Resort Rio Selva Resort IDB Invest IDB Invest Lesme, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Tourism 600000 600000 600000 Rio Selva Resort Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC1001B-01 IDB Invest Solubles Ecuatorianos Solubel, S.A. Solubles Ecuatorianos Solubel, S.A. IDB Invest IDB Invest Mahler, Mario +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing 1600000 1600000 1600000 Solubles Ecuatorianos Solubel, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU3768A-01 IDB Invest The project consists of three groups of investments to increase sugar production in the Pantaleon sugar refinery in Guatemala, to expand cogeneration capacity in Pantaleon cogeneration plant in Guatemala, and to increase ethanol production capacity in Guatemala and Nicaragua. The IIC loan will help Pantaleon to consolidate its operations in the sugar industry and to deepen diversification of its product line. Pantaleon Sugar Holdings Company Ltd. is the largest diversified sugar cane producer and exporter in Central America with more than 100 years in operations. The group has sugar cane operations, mills, and refineries in Guatemala, Honduras, and Nicaragua. It supplies raw and refined sugar to the domestic market in Guatemala and raw sugar to the domestic market in Honduras and Nicaragua, and it exports raw and refined sugar, molasses, ethanol and other related products to the world market including the U.S. In addition, Pantaleon’s cogeneration facilities supply power for sale to the national grids in Guatemala, Honduras, and Nicaragua. The project consists of three groups of investments to increase sugar production in the Pantaleon sugar refinery in Guatemala, to expand cogeneration capacity in Pantaleon cogeneration plant in Guatemala, and to increase ethanol production capacity in Guatemala and Nicaragua. The IIC loan will help Pantaleon to consolidate its operations in the sugar industry and to deepen diversification of its product line. Pantaleon Sugar Holdings Company Ltd. is the largest diversified sugar cane producer and exporter in Central America with more than 100 years in operations. The group has sugar cane operations, mills, and refineries in Guatemala, Honduras, and Nicaragua. It supplies raw and refined sugar to the domestic market in Guatemala and raw sugar to the domestic market in Honduras and Nicaragua, and it exports raw and refined sugar, molasses, ethanol and other related products to the world market including the U.S. In addition, Pantaleon’s cogeneration facilities supply power for sale to the national grids in Guatemala, Honduras, and Nicaragua. IDB Invest Pantaleon Sugar Holdings Company Ltd. IDB Invest Hernandez, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Agribusiness 4300000 4300000 4300000 Pantaleon Sugar Holdings Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES3399A-01 IDB Invest Mobilia Mobilia IDB Invest IDB Invest Mayorga, Luisa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Manufacturing 350000 350000 350000 Mobilia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3831A-02 IDB Invest Trans Antartic cans fish and shellfish for sale in Chile under the Robinson Crusoe and Antartic labels and for export, principally to Spain. It is an affiliate of the Spanish company Jealsa Rianxeira S.A., which is the parent company of Grupo Jealsa. Grupo Jealsa ranks first in the Spanish canned fish and shellfish market and second in the European market. This is the IIC’s second operation with the company. The purpose of the loan is to make investments to improve logistics and increase capacity at the Puerto Montt plant. In 2007, the IIC provided Trans Antartic with a 3 million euro A loan and a 3 million euro B loan for refinancing liabilities incurred in building the plant that the company is now planning on expanding, as well as for working capital. The company has complied with all its contractual obligations. Trans Antartic cans fish and shellfish for sale in Chile under the Robinson Crusoe and Antartic labels and for export, principally to Spain. It is an affiliate of the Spanish company Jealsa Rianxeira S.A., which is the parent company of Grupo Jealsa. Grupo Jealsa ranks first in the Spanish canned fish and shellfish market and second in the European market. This is the IIC’s second operation with the company. The purpose of the loan is to make investments to improve logistics and increase capacity at the Puerto Montt plant. In 2007, the IIC provided Trans Antartic with a 3 million euro A loan and a 3 million euro B loan for refinancing liabilities incurred in building the plant that the company is now planning on expanding, as well as for working capital. The company has complied with all its contractual obligations. IDB Invest Pesquera Trans Antartic Ltda. IDB Invest Orellana, Ana Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Agribusiness 1500000 1500000 1500000 Trans Antartic II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1086A-01 IDB Invest Banco Industrial do Brasil S/A Banco Industrial do Brasil S/A IDB Invest IDB Invest Echeverri, Ana Rosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 8000000 8000000 8000000 Banco Industrial do Brasil S/A Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR1037A-01 IDB Invest Project Description: The Sheraton project consists of the construction and development of the first international hotel chain in Asuncion. The hotel will consist of a 10-story building, with capacity for 125 rooms and all the correspondent amenities and facilities for business travelers and tourists, including a business center and a convention center with capacity for up to 900 persons. The project sponsors have signed a license and management agreement with Sheraton Overseas Management Corporation ("SOMC") to operate the Hotel under the "Sheraton" flag. Project implementation will begin by September 2001 and it is expected that the Four Point Asuncion by Sheraton will open in January 2003. IIC's role in the proposed transaction is important for the following reasons: It will attract international firms to Paraguay, as Asuncion has no hotels managed by international hotel chains It will improve Asuncion's business infrastructure through the new convention center. The project will have a positive social and economic impact from various perspectives. It will create 90 direct jobs and 270 indirect jobs, and it will improve the quality of hotel services and hotel management skills. Project Description: The Sheraton project consists of the construction and development of the first international hotel chain in Asuncion. The hotel will consist of a 10-story building, with capacity for 125 rooms and all the correspondent amenities and facilities for business travelers and tourists, including a business center and a convention center with capacity for up to 900 persons. The project sponsors have signed a license and management agreement with Sheraton Overseas Management Corporation ("SOMC") to operate the Hotel under the "Sheraton" flag. Project implementation will begin by September 2001 and it is expected that the Four Point Asuncion by Sheraton will open in January 2003. IIC's role in the proposed transaction is important for the following reasons: It will attract international firms to Paraguay, as Asuncion has no hotels managed by international hotel chains It will improve Asuncion's business infrastructure through the new convention center. The project will have a positive social and economic impact from various perspectives. It will create 90 direct jobs and 270 indirect jobs, and it will improve the quality of hotel services and hotel management skills. IDB Invest Emprendimientos Hoteleros S.A. IDB Invest Barsantini, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Tourism 3600000 3600000 3600000 Emprendimientos Hoteleros SAECA Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1078A-01 IDB Invest Leasecorp El Camino Arrendamento Mercantil S.A. Leasecorp El Camino Arrendamento Mercantil S.A. IDB Invest IDB Invest Echeverri, Ana Rosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 8000000 8000000 8000000 Leasecorp El Camino Arrendamento Mercantil S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR1077A-01 IDB Invest The project consists of a long-term loan of up to US$5 million to Arrendadora Interfin S.A. The loan proceeds will be used to finance small and medium-size Costa Rican enterprises that require medium and long-term funds to finance the acquisition of fixed assets or machinery. The project consists of a long-term loan of up to US$5 million to Arrendadora Interfin S.A. The loan proceeds will be used to finance small and medium-size Costa Rican enterprises that require medium and long-term funds to finance the acquisition of fixed assets or machinery. IDB Invest Arrendadora Interfin S.A. IDB Invest Savastano, Ana Cecilia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 5000000 5000000 5000000 Arrendadora Interfin Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI1017B-01 IDB Invest The purpose of the project is to help enhance the Company’s overall competitiveness by upgrading its processing plant and management information systems and increasing its production and storage capacity in keeping with recent and projected growth. The IIC will make the following contributions: Provide long-term financing: Sources of long-term financing are scarce in Nicaragua. The transaction will complement a previous loan granted to CSSA by the IIC in 2001. Support a high value added industry: Producing ground and soluble coffee involves washing, roasting, and grinding green coffee beans to produce roasted ground coffee, and subsequently extracting liquor from the ground, roasted coffee, which is then dehydrated to produce soluble coffee. Nicaragua’s processed coffee exports have competitive advantages that make for ample growth potential. Strengthen a medium-size company: The project will help the Company adjust to its recent growth and reach its potential; this will protect many jobs. Generate foreign exchange: The Company has experienced significant growth during the last five years, entering into new export markets. The project is necessary to support future growth in sales and exports. Generate business for SMEs: the Company is a major buyer of packaging material and green coffee produced in Central America, mainly by small and medium-size companies in Nicaragua, El Salvador, and Guatemala. Promote best production practices: the Company has obtained ISO 9002 quality certification and has applied for food safety certification, which should boost its efforts to venture into new markets. The purpose of the project is to help enhance the Company’s overall competitiveness by upgrading its processing plant and management information systems and increasing its production and storage capacity in keeping with recent and projected growth. The IIC will make the following contributions: Provide long-term financing: Sources of long-term financing are scarce in Nicaragua. The transaction will complement a previous loan granted to CSSA by the IIC in 2001. Support a high value added industry: Producing ground and soluble coffee involves washing, roasting, and grinding green coffee beans to produce roasted ground coffee, and subsequently extracting liquor from the ground, roasted coffee, which is then dehydrated to produce soluble coffee. Nicaragua’s processed coffee exports have competitive advantages that make for ample growth potential. Strengthen a medium-size company: The project will help the Company adjust to its recent growth and reach its potential; this will protect many jobs. Generate foreign exchange: The Company has experienced significant growth during the last five years, entering into new export markets. The project is necessary to support future growth in sales and exports. Generate business for SMEs: the Company is a major buyer of packaging material and green coffee produced in Central America, mainly by small and medium-size companies in Nicaragua, El Salvador, and Guatemala. Promote best production practices: the Company has obtained ISO 9002 quality certification and has applied for food safety certification, which should boost its efforts to venture into new markets. IDB Invest Café Soluble, S.A. IDB Invest Elliot, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Agribusiness 7000000 7000000 7000000 Cafe Soluble III Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3818A-01 IDB Invest Fomento Hipotecario S.A. de CV Fomento Hipotecario S.A. de CV IDB Invest IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 1500000 1500000 1500000 Fomento Hipotecario S.A. de CV Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3099A-03 IDB Invest The loan proceeds will be used to provide financing to micro, small, and medium-size enterprises in Ecuador. Eligible enterprises shall not exceed US$5 million in assets or yearly revenue. The loan proceeds will be used to provide financing to micro, small, and medium-size enterprises in Ecuador. Eligible enterprises shall not exceed US$5 million in assets or yearly revenue. IDB Invest Banco ProCredit S.A./ProCredit Holding A.G. IDB Invest Acuña Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 3000000 3000000 3000000 Procredit Ecuador III Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3899A-01 IDB Invest The purpose of Fondo de Infraestructura Evercore Mexico I ("Evercore I" or the "Fund") is to make equity investments and investments through financing for infrastructure projects in public-private partnerships at the local and federal levels, focusing mainly on investments in local projects, which have a better risk-return relationship. The Fund will promote infrastructure development and contribute to economic growth and capital formation in the state or municipal entities in which it invests. The Fund’s target amount is MX$2.5 billion. Its main investors will be Mexican pension funds, the Fondo Nacional de Infraestructura (FONADIN), the IIC, and the Fund manager. The Fund has the support of experts in such areas as local infrastructure in Mexico, investment structuring, and private equity fund management. The Fund may invest in social infrastructure, hydraulic and environmental infrastructure, utilities and communications, and transportation projects, among others. The IIC’s participation in Evercore I, of up to MX$125,000,000, is in line with the IIC’s strategy of participating in private equity funds that enable it to reach sectors in which it does not have in-depth experience and extend its reach into sectors that would be difficult to access through direct investments. The IIC also seeks to improve Evercore I’s development impact by introducing environmental and labor procedures and standards in line with international guidelines. The purpose of Fondo de Infraestructura Evercore Mexico I ("Evercore I" or the "Fund") is to make equity investments and investments through financing for infrastructure projects in public-private partnerships at the local and federal levels, focusing mainly on investments in local projects, which have a better risk-return relationship. The Fund will promote infrastructure development and contribute to economic growth and capital formation in the state or municipal entities in which it invests. The Fund’s target amount is MX$2.5 billion. Its main investors will be Mexican pension funds, the Fondo Nacional de Infraestructura (FONADIN), the IIC, and the Fund manager. The Fund has the support of experts in such areas as local infrastructure in Mexico, investment structuring, and private equity fund management. The Fund may invest in social infrastructure, hydraulic and environmental infrastructure, utilities and communications, and transportation projects, among others. The IIC’s participation in Evercore I, of up to MX$125,000,000, is in line with the IIC’s strategy of participating in private equity funds that enable it to reach sectors in which it does not have in-depth experience and extend its reach into sectors that would be difficult to access through direct investments. The IIC also seeks to improve Evercore I’s development impact by introducing environmental and labor procedures and standards in line with international guidelines. IDB Invest Fondo de Infraestructura Evercore Mexico I IDB Invest Shturman, Goldie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 5000000 5000000 5000000 Fondo de Infraestructura Evercore Mexico I Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3876A-02 IDB Invest The project consists of an up to US$8 million loan for providing financing to small and medium-sized enterprises in Argentina. The loan proceeds will be used to provide small and medium-sized Argentine companies with financing for leasing operations, working capital or the purchase of fixed assets and machinery originating in IIC member countries. The beneficiary companies shall not exceed US$20 million in assets or revenue. The project consists of an up to US$8 million loan for providing financing to small and medium-sized enterprises in Argentina. The loan proceeds will be used to provide small and medium-sized Argentine companies with financing for leasing operations, working capital or the purchase of fixed assets and machinery originating in IIC member countries. The beneficiary companies shall not exceed US$20 million in assets or revenue. IDB Invest Banco Patagonia S.A. IDB Invest Rey Marino, Federico Alfredo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions 8000000 8000000 8000000 Banco Patagonia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3927A-01 IDB Invest Grupo Gelec S.A.S. (Gelec) was established in 2009 to generate, transmit, distribute, and market electricity. The company is in the process of purchasing the 1.48 megawatt Patico – La Cabrera hydropower plant and associated assets. The power plant, which is operating, is located in Puracé-Coconuco township, in the department of Cauca. The purpose of this IIC operation is to partially finance the purchase, upgrading, and modernization of the hydropower plant and associated assets. The amount of financing proposed is US$2.6 million. Grupo Gelec S.A.S. (Gelec) was established in 2009 to generate, transmit, distribute, and market electricity. The company is in the process of purchasing the 1.48 megawatt Patico – La Cabrera hydropower plant and associated assets. The power plant, which is operating, is located in Puracé-Coconuco township, in the department of Cauca. The purpose of this IIC operation is to partially finance the purchase, upgrading, and modernization of the hydropower plant and associated assets. The amount of financing proposed is US$2.6 million. IDB Invest Grupo Gelec S.A.S. ("Gelec") IDB Invest Perez, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Energy 2600000 2600000 2600000 Gelec S.A.S Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME1053A-01 IDB Invest Promotora Probursa, S.A. de C.V. Promotora Probursa, S.A. de C.V. IDB Invest IDB Invest Darville, Sandra +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 3000000 3000000 3000000 Promotora Probursa, S.A. de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR0003A-01 IDB Invest IMPSAT S.A. IMPSAT S.A. IDB Invest IDB Invest Romero, Gustavo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Digital Economy 4372000 4372000 4372000 IMPSAT S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-JA1041A-01 IDB Invest The project consists of a long-term loan of up to US$10 million to RBTT Bank Jamaica Limited. The loan proceeds will be used to finance small and medium-size enterprises in Jamaica that require long-term funds to finance the acquisition of fixed assets, machinery or working capital. The project consists of a long-term loan of up to US$10 million to RBTT Bank Jamaica Limited. The loan proceeds will be used to finance small and medium-size enterprises in Jamaica that require long-term funds to finance the acquisition of fixed assets, machinery or working capital. IDB Invest RBTT Bank Jamaica Limited IDB Invest Moscoso, Victor Hugo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Financial Institutions 10000000 10000000 10000000 RBTT Bank Jamaica Limited Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR1001A-01 IDB Invest Corporacion Privada de Inversiones Corporacion Privada de Inversiones IDB Invest IDB Invest Burnhill, Laura +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 5000000 5000000 5000000 Corporacion Privada de Inversiones Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME1016A-01 IDB Invest ARA - Agricultura y Recursos Atlixquenses ARA - Agricultura y Recursos Atlixquenses IDB Invest IDB Invest Romero, Gustavo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 3000000 3000000 3000000 ARA - Agricultura y Recursos Atlixquenses Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO1026A-01 IDB Invest Luz y Fuerza de San Lorenzo, S.A. C.V. Luz y Fuerza de San Lorenzo, S.A. C.V. IDB Invest IDB Invest Serritiello, Guillermo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Energy 10000000 10000000 10000000 Luz y Fuerza de San Lorenzo, S.A. C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR1006A-01 IDB Invest Banco BANEX-Costa Rica Banco BANEX-Costa Rica IDB Invest IDB Invest Keiko, Yukok +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 3500000 3500000 3500000 Banco BANEX-Costa Rica Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3792A-01 IDB Invest Fabrica de Productos Lacteos La Completa, S.A. Fabrica de Productos Lacteos La Completa, S.A. IDB Invest IDB Invest Jiron, Johnny +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Manufacturing 275000 275000 275000 Fabrica de Productos Lacteos La Completa, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3785A-01 IDB Invest Operadora Pesquera del Oriente Operadora Pesquera del Oriente IDB Invest IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 1000000 1000000 1000000 Operadora Pesquera del Oriente Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3887A-01 IDB Invest AMPO Limitada is a company that produces manual filing supplies for office use, including hanging file folders, file folders, and a wide range of other items. The company has been operating since 1965; it exports some 65% of its production to Central America and the Caribbean. AMPO has production plants in Costa Rica, Nicaragua, and Panama. The IIC loan to AMPO entails two significant benefits. First, the long-term loan will provide the company with financing for permanent working capital it needs as its sales grow rapidly, for expanding its warehouses and main production facility in Costa Rica, and for opening a new plant in Panama. Second, the IIC will be providing technical assistance for the company to implement quality management processes, especially those needed to become international quality standard ISO 9001 certified. This will enable AMPO to become more competitive over the medium term and tap new markets in North and South America. AMPO Limitada is a company that produces manual filing supplies for office use, including hanging file folders, file folders, and a wide range of other items. The company has been operating since 1965; it exports some 65% of its production to Central America and the Caribbean. AMPO has production plants in Costa Rica, Nicaragua, and Panama. The IIC loan to AMPO entails two significant benefits. First, the long-term loan will provide the company with financing for permanent working capital it needs as its sales grow rapidly, for expanding its warehouses and main production facility in Costa Rica, and for opening a new plant in Panama. Second, the IIC will be providing technical assistance for the company to implement quality management processes, especially those needed to become international quality standard ISO 9001 certified. This will enable AMPO to become more competitive over the medium term and tap new markets in North and South America. IDB Invest AMPO Limitada IDB Invest Fonseca, Juan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Manufacturing 1200000 1200000 1200000 Ampo Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1099A-01 IDB Invest Project Description: The Project consists of a Purchase Facilities for the acquisition of collateralized real estate loan obligations ("Cedulas de Credito Imobiliario") (the "CCIs") fully hedged against foreign exchange risk, both for principal and interest, in the amount of US$25.0 million. The purpose of the project is to provide Brazilian Securities Companhia de Securitizacao, ("BS") access to a facility that will allow BS the capacity to acquire larger volumes of mortgages for their subsequent securitization. This will permit BS to further expand the market for rated mortgage-backed securities in the Brazilian capital markets, as a new long-term investment instrument for institutional investors. As with the existing project, BS will target mainly the middle to lower-income residential segment with average housing price of US$30,000. Project Description: The Project consists of a Purchase Facilities for the acquisition of collateralized real estate loan obligations ("Cedulas de Credito Imobiliario") (the "CCIs") fully hedged against foreign exchange risk, both for principal and interest, in the amount of US$25.0 million. The purpose of the project is to provide Brazilian Securities Companhia de Securitizacao, ("BS") access to a facility that will allow BS the capacity to acquire larger volumes of mortgages for their subsequent securitization. This will permit BS to further expand the market for rated mortgage-backed securities in the Brazilian capital markets, as a new long-term investment instrument for institutional investors. As with the existing project, BS will target mainly the middle to lower-income residential segment with average housing price of US$30,000. IDB Invest The Ourinvest Group, the Rossi Group IDB Invest Echeverri, Ana Rosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 10300000 10300000 10300000 Brazilian Securities Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3642A-01 IDB Invest Molino Cañuelas is an Argentinean company specializing in milling wheat into flour and producing food products (mainly pastas, crackers, and cookies). The company also grinds oilseeds (sunflower seeds and soybeans) to produce oils, including the refining, fractioning, and bottling stages. Molino Cañuelas is one of the principal flour producers in Argentina and is the largest exporter. The IIC's financing will strengthen the company, support its development, and assure that it continues to function as a key element of a supply chain involving over 7,000 small and medium-size enterprises. This will be achieved by replacing short- and medium-term liabilities with a long-term loan, based on the company's needs. The IIC will syndicate part of the loan to attract other banks to finance Molino Cañuelas on the same terms. Molino Cañuelas is an Argentinean company specializing in milling wheat into flour and producing food products (mainly pastas, crackers, and cookies). The company also grinds oilseeds (sunflower seeds and soybeans) to produce oils, including the refining, fractioning, and bottling stages. Molino Cañuelas is one of the principal flour producers in Argentina and is the largest exporter. The IIC's financing will strengthen the company, support its development, and assure that it continues to function as a key element of a supply chain involving over 7,000 small and medium-size enterprises. This will be achieved by replacing short- and medium-term liabilities with a long-term loan, based on the company's needs. The IIC will syndicate part of the loan to attract other banks to finance Molino Cañuelas on the same terms. IDB Invest Molino Cañuelas S.A.C.I.F.I.A. and Molinos Florencia S.A. IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Manufacturing 8000000 8000000 8000000 Molino Cañuelas S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3041A-01 IDB Invest Senior loan, in the form of a credit line, for providing funding with a range of terms, including medium- and long-term corporate loans, finance and operating leases, and trade and working capital finance operations, preferably for small and medium-size companies in Costa Rica. Senior loan, in the form of a credit line, for providing funding with a range of terms, including medium- and long-term corporate loans, finance and operating leases, and trade and working capital finance operations, preferably for small and medium-size companies in Costa Rica. IDB Invest Banco BAC San José, S.A. IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 10000000 10000000 10000000 BAC San Jose Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR3611A-01 IDB Invest The proceeds of the proposed operation will help Banco Múltiple Santa Cruz, S.A. expand its lending to small and medium-size enterprises in the Dominican Republic, mainly by financing working capital and/or trade operations. The operation will help the company grow its loan portfolio and diversify its medium- and long-term sources of funding. The proposed transaction consists of a loan of up to US$2,000,000. The proceeds of the proposed operation will help Banco Múltiple Santa Cruz, S.A. expand its lending to small and medium-size enterprises in the Dominican Republic, mainly by financing working capital and/or trade operations. The operation will help the company grow its loan portfolio and diversify its medium- and long-term sources of funding. The proposed transaction consists of a loan of up to US$2,000,000. IDB Invest Banco Múltiple Santa Cruz, S.A. IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Financial Institutions 2000000 2000000 2000000 Banco Santa Cruz Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3884A-01 IDB Invest Óptima Energía is the leading Energy Service Company (ESCO) in Mexico. It is dedicated to the implementation of energy efficiency projects under a performance contracting scheme and zero initial investment from clients. Óptima Energía specializes in the optimization of electricity, fuels and water. Its main focus has been the high end 5-6 star hotel sector. More recently, Óptima Energía began targeting the public lighting sector. In December of 2009, the company signed its first energy efficiency contract with the municipality of Zamora, Michoacán, and currently has 16 other municipalities throughout the country in its pipeline. The company expects to implement more than 20 public lighting energy efficiency projects by 2013. The IIC will be supporting the investment plan of Optima Energía with an up to US$6 million uncommitted non-revolving credit line to be used for energy efficiency public lighting projects in Mexico. The number of financed projects will depend on the total or partial investment cost of public lighting projects brought by Óptima Energía to the IIC. The IIC, through this project, aims to promote public lighting energy efficiency projects and support the energy efficiency market in Mexico in general. Óptima Energía is the leading Energy Service Company (ESCO) in Mexico. It is dedicated to the implementation of energy efficiency projects under a performance contracting scheme and zero initial investment from clients. Óptima Energía specializes in the optimization of electricity, fuels and water. Its main focus has been the high end 5-6 star hotel sector. More recently, Óptima Energía began targeting the public lighting sector. In December of 2009, the company signed its first energy efficiency contract with the municipality of Zamora, Michoacán, and currently has 16 other municipalities throughout the country in its pipeline. The company expects to implement more than 20 public lighting energy efficiency projects by 2013. The IIC will be supporting the investment plan of Optima Energía with an up to US$6 million uncommitted non-revolving credit line to be used for energy efficiency public lighting projects in Mexico. The number of financed projects will depend on the total or partial investment cost of public lighting projects brought by Óptima Energía to the IIC. The IIC, through this project, aims to promote public lighting energy efficiency projects and support the energy efficiency market in Mexico in general. IDB Invest CELSOL S.A. DE C.V. IDB Invest SHTURMAN, GOLDIE +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 6000000 6000000 6000000 Optima Energia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR3928A-01 IDB Invest The objective of this program is to finance eligible projects via loans to eligible enterprises in Paraguay that meet IIC and Sudameris Bank S.A.E.C.A. 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 longer than one year. The objective of this program is to finance eligible projects via loans to eligible enterprises in Paraguay that meet IIC and Sudameris Bank S.A.E.C.A. 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 longer than one year. IDB Invest Sudameris Bank S.A.E.C.A. IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 3000000 3000000 3000000 Sudameris Bank Paraguay Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3473A-01 IDB Invest Bancolombia Bancolombia IDB Invest IDB Invest Bettiol, Rita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 5000000 5000000 5000000 Bancolombia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3865A-01 IDB Invest HSBC Bank Perú, S.A. HSBC Bank Perú, S.A. IDB Invest IDB Invest Reyes, Sandra +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 20000000 20000000 20000000 HSBC Bank Perú, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR1010A-01 IDB Invest Zona Franca Metropolitana, S.A. Zona Franca Metropolitana, S.A. IDB Invest IDB Invest Aguilar, Carlosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Manufacturing 3500000 3500000 3500000 Zona Franca Metropolitana, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR1033B-01 IDB Invest Sagemuller S.A.-II Sagemuller S.A.-II IDB Invest IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Agribusiness 2000000 2000000 2000000 Sagemuller S.A.-II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1109C-02 IDB Invest The proposed project consists of a US$3 million loan to Banco Interamericano de Finanzas S.A. (BIF). The loan proceeds will be used to provide financing to small and medium-size enterprises in Peru for their modernization and/or expansion. The companies must satisfy the eligibility criteria established by the IIC. The proposed project consists of a US$3 million loan to Banco Interamericano de Finanzas S.A. (BIF). The loan proceeds will be used to provide financing to small and medium-size enterprises in Peru for their modernization and/or expansion. The companies must satisfy the eligibility criteria established by the IIC. IDB Invest Banco Interamericano de Finanzas, S.A. IDB Invest Rincon, Margarita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 3000000 3000000 3000000 Banco Interamericano de Finanzas Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3717A-01 IDB Invest Copeval's regional expansion and entry into new lines of business will significantly increase its operational funding needs. The US$5 million IIC loan will finance a portion of these needs. With this operation the IIC will support the growth of a leading market player, a company whose primary business is the marketing and credit sale of agricultural inputs used by small and medium-size producers. Copeval is completing its national distribution network to provide total coverage for regions III to X. This opportunity for Copeval to grow comes with the increase in agribusiness activity in Chile, the result of free trade agreements and regional expansion. Copeval's regional expansion and entry into new lines of business will significantly increase its operational funding needs. The US$5 million IIC loan will finance a portion of these needs. With this operation the IIC will support the growth of a leading market player, a company whose primary business is the marketing and credit sale of agricultural inputs used by small and medium-size producers. Copeval is completing its national distribution network to provide total coverage for regions III to X. This opportunity for Copeval to grow comes with the increase in agribusiness activity in Chile, the result of free trade agreements and regional expansion. IDB Invest Compañía Agropecuaria Copeval S.A. IDB Invest Orellana, Ana Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Agribusiness 5000000 5000000 5000000 Compañía Agropecuaria COPEVAL S.A.. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES1022B-01 IDB Invest The purpose of the project is to upgrade the facilities on the new Fepade campus by building an auditorium, and to purchase furniture and equipment for the new facility. The purpose of the project is to upgrade the facilities on the new Fepade campus by building an auditorium, and to purchase furniture and equipment for the new facility. IDB Invest Fundación Empresarial para el Desarrollo Educativo (FEPADE) IDB Invest Vera Fabbri, Pablo Marcelo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Social Infrastructure 1100000 1100000 1100000 Fundacion Empresarial para el Desarrollo II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR3374A-01 IDB Invest Banco Itau Banco Itau IDB Invest IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 30000000 30000000 30000000 Banco Itau Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3864A-01 IDB Invest Scotiabank Perú S.A.A. Scotiabank Perú S.A.A. IDB Invest IDB Invest Bettiol, Rita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 40000000 40000000 40000000 Scotiabank Perú S.A.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3831A-01 IDB Invest Trans Antartic cans fish and shellfish for sale in Chile under the Robinson Crusoe label and for export, principally to Spain. It is an affiliate of the Spanish company Jealsa Rianxeira S.A., which is the parent company of Grupo Jealsa. Grupo Jealsa ranks first in the Spanish canned fish and shellfish market and second in the European market. Trans Antartic has requested a 3 million euro A loan and a 5 million euro B loan from the IIC for refinancing liabilities incurred in building a new plant completed in late 2006 that is now fully operational, as well as for working capital. A supply agreement with Escurís S.R.L., another Grupo Jealsa affiliate, will make it possible for Trans Antartic's sales to grow considerably; this will increase its working capital requirements. Trans Antartic cans fish and shellfish for sale in Chile under the Robinson Crusoe label and for export, principally to Spain. It is an affiliate of the Spanish company Jealsa Rianxeira S.A., which is the parent company of Grupo Jealsa. Grupo Jealsa ranks first in the Spanish canned fish and shellfish market and second in the European market. Trans Antartic has requested a 3 million euro A loan and a 5 million euro B loan from the IIC for refinancing liabilities incurred in building a new plant completed in late 2006 that is now fully operational, as well as for working capital. A supply agreement with Escurís S.R.L., another Grupo Jealsa affiliate, will make it possible for Trans Antartic's sales to grow considerably; this will increase its working capital requirements. IDB Invest Pesquera Trans Antartic Ltda. IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Agribusiness 4247550 4247550 4247550 Pesquera Transantartic Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3880A-01 IDB Invest Banco Santander Perú Banco Santander Perú IDB Invest IDB Invest Reyes, Sandra +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 15000000 15000000 15000000 Banco Santander Perú Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR1037A-02 IDB Invest The objective of this IIC operation is to provide financing to EMHOSA for expanding 17 new standard-size, fully furnished rooms in the Sheraton Asunción Hotel, building and furnishing new conference rooms on the third floor terrace, and partially financing the company’s working capital needs for operating the hotel. EMHOSA owns the building where the Sheraton Asunción Hotel—a five-star hotel—operates. The hotel has 100 rooms and is located in the exclusive Villa Morra district of the city of Asunción. The objective of this IIC operation is to provide financing to EMHOSA for expanding 17 new standard-size, fully furnished rooms in the Sheraton Asunción Hotel, building and furnishing new conference rooms on the third floor terrace, and partially financing the company’s working capital needs for operating the hotel. EMHOSA owns the building where the Sheraton Asunción Hotel—a five-star hotel—operates. The hotel has 100 rooms and is located in the exclusive Villa Morra district of the city of Asunción. IDB Invest Emprendimientos Hoteleros S.A.E.C.A. IDB Invest Quinones, Jose Gustavo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Tourism 1500000 1500000 1500000 Emprendimientos Hoteleros II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3831A-01 IDB Invest The proceeds of the proposed operation will help CrediFactor, S.A. expand its lending to small and medium-size enterprises in Nicaragua, mainly through invoice discounting (factoring). The loan will help the company grow its loan portfolio and diversify its medium- and long-term sources of funding. The proceeds of the proposed operation will help CrediFactor, S.A. expand its lending to small and medium-size enterprises in Nicaragua, mainly through invoice discounting (factoring). The loan will help the company grow its loan portfolio and diversify its medium- and long-term sources of funding. IDB Invest CrediFactor, S.A. IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Financial Institutions 500000 500000 500000 Credifactor Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR3931A-01 IDB Invest Emprendimientos Forestales Emprendimientos Forestales IDB Invest IDB Invest Lesme, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Agribusiness 370000 370000 370000 Emprendimientos Forestales Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3878A-01 IDB Invest EnConfianza S.A. de C.V. Sofom E.N.R. EnConfianza S.A. de C.V. Sofom E.N.R. IDB Invest IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 1000000 1000000 1000000 EnConfianza S.A. de C.V. Sofom E.N.R. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3895A-01 IDB Invest The project consists of a US$3.5 million, ten-year subordinated loan to Amerika Financiera S.A., with a bullet payment at the end of year ten. The loan will include a prepayment option, which may be exercised on the Borrower’s initiative subject to prior authorization from Peru’s Superintendencia de Banca y Seguros. The subordinated loan will be considered Tier II capital of Amerika Financiera S.A. It seeks to strengthen the Borrower’s capital base and support its growth by providing financing for small and medium-size Peruvian enterprises. The project consists of a US$3.5 million, ten-year subordinated loan to Amerika Financiera S.A., with a bullet payment at the end of year ten. The loan will include a prepayment option, which may be exercised on the Borrower’s initiative subject to prior authorization from Peru’s Superintendencia de Banca y Seguros. The subordinated loan will be considered Tier II capital of Amerika Financiera S.A. It seeks to strengthen the Borrower’s capital base and support its growth by providing financing for small and medium-size Peruvian enterprises. IDB Invest Amerika Financiera S.A. IDB Invest Bettiol, Rita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 1750000 1750000 1750000 Amerika Financiera Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3840A-01 IDB Invest Lubircantes Importados de Nicaragua, S.A. Lubircantes Importados de Nicaragua, S.A. IDB Invest IDB Invest Hernandez, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Manufacturing 600000 600000 600000 Lubircantes Importados de Nicaragua, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3869A-01 IDB Invest Scope and Objective of the Project and IIC’s Participation: Moderna Alimentos S.A. is a leading miller and marketer of wheat flour. It has a 40% share of the Ecuadorian market, with coverage in the country’s main centers of consumption. The company has three product lines: industrial and consumer products, and social programs. Moderna Alimentos’ principal industrial product is wheat flour, complemented by such other products as oil and sugar. Its line of consumer products includes packaged bread (the main product in this line), as well as packaged flour and, in the future, pasta. Moderna’s social programs entail formulations of nutritious foods like powdered milk, wheat and corn, soybeans, and vitamins. Moderna Alimentos S.A. has been operating since June 2009, when it arose from the merger of Molino Electro-Moderna S.A., Molinos del Ecuador S.A., and Grupo Moderna. Each one of these companies had more than 12 years of experience in Ecuador’s wheat and flour market. The purpose of this IIC operation is to provide financing for silos, wheat flour storage equipment and logistics, and bread-making and pasta equipment. The financing will enable Moderna Alimentos to increase its wheat flour, pasta, bread, and cake production capacity and efficiency. Moderna Alimentos will also be able to upgrade its storage areas and wheat unloading facilities and equipment in order to shorten unloading times. Scope and Objective of the Project and IIC’s Participation: Moderna Alimentos S.A. is a leading miller and marketer of wheat flour. It has a 40% share of the Ecuadorian market, with coverage in the country’s main centers of consumption. The company has three product lines: industrial and consumer products, and social programs. Moderna Alimentos’ principal industrial product is wheat flour, complemented by such other products as oil and sugar. Its line of consumer products includes packaged bread (the main product in this line), as well as packaged flour and, in the future, pasta. Moderna’s social programs entail formulations of nutritious foods like powdered milk, wheat and corn, soybeans, and vitamins. Moderna Alimentos S.A. has been operating since June 2009, when it arose from the merger of Molino Electro-Moderna S.A., Molinos del Ecuador S.A., and Grupo Moderna. Each one of these companies had more than 12 years of experience in Ecuador’s wheat and flour market. The purpose of this IIC operation is to provide financing for silos, wheat flour storage equipment and logistics, and bread-making and pasta equipment. The financing will enable Moderna Alimentos to increase its wheat flour, pasta, bread, and cake production capacity and efficiency. Moderna Alimentos will also be able to upgrade its storage areas and wheat unloading facilities and equipment in order to shorten unloading times. IDB Invest Moderna Alimentos S.A. IDB Invest Quinones, Jose Gustavo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing 5000000 5000000 5000000 Grupo Moderna Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR3098A-03 IDB Invest Agrofértil S.A. imports agricultural inputs and sells them in the Paraguayan market; it also purchases grain locally for export and provides its clients with agricultural technical assistance. The company also grows grain on land owned by its sponsors and holds a share of one of Paraguay’s largest manufacturers of agrochemicals. The purpose of the project is to partially finance: (i) recent capital investments and (ii) Agrofértil’s operating fund requirements, thereby improving the company’s debt profile. Agrofértil S.A. imports agricultural inputs and sells them in the Paraguayan market; it also purchases grain locally for export and provides its clients with agricultural technical assistance. The company also grows grain on land owned by its sponsors and holds a share of one of Paraguay’s largest manufacturers of agrochemicals. The purpose of the project is to partially finance: (i) recent capital investments and (ii) Agrofértil’s operating fund requirements, thereby improving the company’s debt profile. IDB Invest Agrofértil S.A. IDB Invest Lesme, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Agribusiness 5000000 5000000 5000000 Agrofertil III Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU3781A-01 IDB Invest Banco Internacional S.A. is a private bank in Guatemala that provides a full line of financial services to its clients. Banco Internacional S.A. is part of Grupo Bancario IF’s finance division, which comprises six banks located throughout the Americas. The purpose of the IIC project is to support the bank’s lending activities and partially fund the growth of its SME portfolio in Guatemala. The IIC’s US$3 million loan will enable Banco Internacional S.A. to expand its medium-term financing. Banco Internacional S.A. is a private bank in Guatemala that provides a full line of financial services to its clients. Banco Internacional S.A. is part of Grupo Bancario IF’s finance division, which comprises six banks located throughout the Americas. The purpose of the IIC project is to support the bank’s lending activities and partially fund the growth of its SME portfolio in Guatemala. The IIC’s US$3 million loan will enable Banco Internacional S.A. to expand its medium-term financing. IDB Invest Banco Internacional S.A. IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Financial Institutions 3000000 3000000 3000000 Banco Internacional S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3936A-01 IDB Invest Coopealianza was established in August 1971 in Pérez Zeledón and has since become one of the main savings and loan cooperatives in Costa Rica. It is has the largest number of members nationwide and is supervised by the Costa Rican financial market regulators. Coopealianza is a service leader with fifty branches throughout the country and presence in all seven provinces. It is also one of the most important direct employers among the savings and loan cooperatives. Besides personal and housing loans, Coopealianza also provides financing for rural micro and small enterprises, which make up a significant part of its portfolio. The goal of this IIC operation is to provide medium-term financing to Coopealianza so that, in turn, it can provide financing for business development to elegible projects and companies in the micro, small, and medium-sized segment throughout Costa Rica. Coopealianza was established in August 1971 in Pérez Zeledón and has since become one of the main savings and loan cooperatives in Costa Rica. It is has the largest number of members nationwide and is supervised by the Costa Rican financial market regulators. Coopealianza is a service leader with fifty branches throughout the country and presence in all seven provinces. It is also one of the most important direct employers among the savings and loan cooperatives. Besides personal and housing loans, Coopealianza also provides financing for rural micro and small enterprises, which make up a significant part of its portfolio. The goal of this IIC operation is to provide medium-term financing to Coopealianza so that, in turn, it can provide financing for business development to elegible projects and companies in the micro, small, and medium-sized segment throughout Costa Rica. IDB Invest Cooperativa de Ahorro y Crédito Alianza Pérez Zeledón de R.L. ("Coopealianza") IDB Invest Fonseca, Juan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 1000000 1000000 1000000 Coopealianza Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR3374A-02 IDB Invest Banco Itau II Banco Itau II IDB Invest IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 10000000 10000000 10000000 Banco Itau II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HA2748A-01 IDB Invest Access is a leading provider of residential internet and other value added services in Haiti. Access has been a successful operator for over eight years. Access currently focuses its services in the Port-au-Prince and the leading cities in the provinces including Cap-Haïtien, Port-de-Paix, Gonaïves, Jacmel, Les Cayes and Jérémie. The company have extensive coverage and operating sites to cover approximately three million people. The IIC loan of up to US$3.5 million will be used to finance part of the capital investment plan (the "Project") that the Company is undertaking. The Project will upgrade technology and expand network capacity, and will bring additional services for customers. It is forecast that this Project will help increase internet accessibility, coverage and affordability in a key segment of the Haitian telecommunications industry. Access is a leading provider of residential internet and other value added services in Haiti. Access has been a successful operator for over eight years. Access currently focuses its services in the Port-au-Prince and the leading cities in the provinces including Cap-Haïtien, Port-de-Paix, Gonaïves, Jacmel, Les Cayes and Jérémie. The company have extensive coverage and operating sites to cover approximately three million people. The IIC loan of up to US$3.5 million will be used to finance part of the capital investment plan (the "Project") that the Company is undertaking. The Project will upgrade technology and expand network capacity, and will bring additional services for customers. It is forecast that this Project will help increase internet accessibility, coverage and affordability in a key segment of the Haitian telecommunications industry. IDB Invest Access Haiti S.A. ("Access" or the "Company") IDB Invest Hernandez, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Haiti Haiti Digital Economy 3500000 3500000 3500000 Access (formerly HTV) Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES3364A-02 IDB Invest The objective of this IIC operation is to provide long-term financing for the purchase of new machinery to make processes more efficient, reduce waste, and boost sales to the agro-export sector. Cajas y Bolsas is one of the leading corrugated box manufacturers in El Salvador. Its focus is the industrial and commercial sector in El Salvador and Central America and it recently entered the export agribusiness sector. It is part of Grupo Cybsa, a conglomerate of companies in the packing industry (corrugated boxes, folding cartons, and flexible packaging) with head offices in El Salvador and additional operations in Costa Rica. The objective of this IIC operation is to provide long-term financing for the purchase of new machinery to make processes more efficient, reduce waste, and boost sales to the agro-export sector. Cajas y Bolsas is one of the leading corrugated box manufacturers in El Salvador. Its focus is the industrial and commercial sector in El Salvador and Central America and it recently entered the export agribusiness sector. It is part of Grupo Cybsa, a conglomerate of companies in the packing industry (corrugated boxes, folding cartons, and flexible packaging) with head offices in El Salvador and additional operations in Costa Rica. IDB Invest Cajas y Bolsas S.A. IDB Invest Vera Fabbri, Pablo Marcelo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Manufacturing 1250000 1250000 1250000 Cajas y Bolsas II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3099A-04 IDB Invest The loan proceeds will be used to provide financing to eligible micro, small, and medium-sized enterprises in Ecuador, in a variety of productive sectors. The loan proceeds will be used to provide financing to eligible micro, small, and medium-sized enterprises in Ecuador, in a variety of productive sectors. IDB Invest Banco ProCredit S.A. IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 5000000 5000000 5000000 Procredit Ecuador IV Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR3831A-01 IDB Invest Evamel Evamel IDB Invest IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Agribusiness 100000 100000 100000 Evamel Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR3832A-01 IDB Invest Laboratorio Uruguay Laboratorio Uruguay IDB Invest IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Manufacturing 380000 380000 380000 Laboratorio Uruguay Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO0003B-01 IDB Invest Zip Choloma-II Zip Choloma-II IDB Invest IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Manufacturing 1500000 1500000 1500000 Zip Choloma-II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3817A-01 IDB Invest Agrofinanzas S.A. de CV SOFOL Agrofinanzas S.A. de CV SOFOL IDB Invest IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 3000000 3000000 3000000 Agrofinanzas S.A. de CV SOFOL Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO1033A-01 IDB Invest Project Description: Manufacturas Del Trópico is a manufacturer of outdoor furniture, also known as casual furniture, which is presently sold in the U.S. under the Weathercraft brand name and distributed by Lane Venture, a U.S. furniture company that produces and distributes high quality furniture to the high-end segment of the market. The Company's manufacturing and administrative facilities are located in the town of Choloma, near the city of San Pedro Sula, Hondura's industrial center. The proposed project involves the expansion of Del Trópico's production facilities by moving some of its processes to new production facilities and expanding its production capacity. The project involves building 8,050 square meters of additional industrial space, buying and installing production equipment, enhancing the plant's environmental and labor conditions, improving its MIS systems by replacing hardware and acquiring new integrated software, as well as supplying the required working capital to support the increased production and sales stemming from the expansion. The increased production capacity stemming from the proposed expansion will be utilized to increase sales to Lane Venture as well as to diversify the Company's client base by developing the European and Latin American markets. Through the project, the following objectives will be achieved: Promote Technology Transfer. Del Trópico presently operates under a strategic alliance with Lane Venture, a major U.S. casual furniture manufacturer and distributor. Under this agreement, Del Trópico has not only been able to secure a stable market for its products in the U.S., but also to gain significant knowledge and absorb modern techniques applicable to the manufacturing of casual furniture. By providing funding for Del Trópico's modernization and expansion project, the Company will be able not only to expand its sales with Lane Venture, but also to develop new markets on its own. The knowledge acquired through years of association with Lane Venture and its main suppliers has allowed the Company to develop new production techniques, as well as design new lines of products aimed at lower price market niches. These factors are increasing the Company's competitiveness and market diversification, helping it move a step further in its consolidation as a world class furniture manufacturer. Support a Key Industry, Foreign Exchange/High Employment Generator. Through the proposed loan, the IIC will support the modernization and expansion of a manufacturing business that is already responsible for the employment of 426 Honduran workers and for the generation of a significant amount of foreign exchange due to its export oriented activities. Through the proposed expansion and modernization project, the Company will generate an additional 600 jobs and help the Honduran balance of payments by providing additional foreign exchange for the country. A total of approximately US$68 million of additional foreign exchange are expected to be generated by 2008 as a result of the project. This role is of particular importance at a time when Honduras is struggling to recover from the dramatic effects of Hurricane Mitch. Improve Environmental and Labor Conditions. The expansion project subject to the IIC's financing includes a series of investments that will enhance the already careful approach the Company takes with regard to the environment and to the safety of workers. Scarce Long-Term Financing. The IIC will provide long-term financing in appropriate conditions to help finance the expansion and modernization of a successful Honduran exporter. Long-term financing, particularly in the amounts required by this project, is difficult to obtain locally. By providing long-term funding, the IIC will allow Del Trópico to strengthen its financial structure, improve its competitive position, and develop new markets for its products, thus allowing it to better cope with the demanding conditions of the international markets where the Company sells its products. Quasi-equity Financing. By providing a sub-loan, the IIC is helping to strengthen the Company's capital structure and to turn the financial plan for the project into a viable proposition. Equity is the most scarce form of capital financing in the Honduran financial market. By providing quasi-equity, the IIC is strengthening and stabilizing the Company's balance sheet. By providing a longer grace period and the flexibility to defer principal payments when necessary, the sub-loan would permit the Company to implement its expansion and consolidate its new markets without having to face the additional pressure on its cash flow that senior debt would impose. Project Description: Manufacturas Del Trópico is a manufacturer of outdoor furniture, also known as casual furniture, which is presently sold in the U.S. under the Weathercraft brand name and distributed by Lane Venture, a U.S. furniture company that produces and distributes high quality furniture to the high-end segment of the market. The Company's manufacturing and administrative facilities are located in the town of Choloma, near the city of San Pedro Sula, Hondura's industrial center. The proposed project involves the expansion of Del Trópico's production facilities by moving some of its processes to new production facilities and expanding its production capacity. The project involves building 8,050 square meters of additional industrial space, buying and installing production equipment, enhancing the plant's environmental and labor conditions, improving its MIS systems by replacing hardware and acquiring new integrated software, as well as supplying the required working capital to support the increased production and sales stemming from the expansion. The increased production capacity stemming from the proposed expansion will be utilized to increase sales to Lane Venture as well as to diversify the Company's client base by developing the European and Latin American markets. Through the project, the following objectives will be achieved: Promote Technology Transfer. Del Trópico presently operates under a strategic alliance with Lane Venture, a major U.S. casual furniture manufacturer and distributor. Under this agreement, Del Trópico has not only been able to secure a stable market for its products in the U.S., but also to gain significant knowledge and absorb modern techniques applicable to the manufacturing of casual furniture. By providing funding for Del Trópico's modernization and expansion project, the Company will be able not only to expand its sales with Lane Venture, but also to develop new markets on its own. The knowledge acquired through years of association with Lane Venture and its main suppliers has allowed the Company to develop new production techniques, as well as design new lines of products aimed at lower price market niches. These factors are increasing the Company's competitiveness and market diversification, helping it move a step further in its consolidation as a world class furniture manufacturer. Support a Key Industry, Foreign Exchange/High Employment Generator. Through the proposed loan, the IIC will support the modernization and expansion of a manufacturing business that is already responsible for the employment of 426 Honduran workers and for the generation of a significant amount of foreign exchange due to its export oriented activities. Through the proposed expansion and modernization project, the Company will generate an additional 600 jobs and help the Honduran balance of payments by providing additional foreign exchange for the country. A total of approximately US$68 million of additional foreign exchange are expected to be generated by 2008 as a result of the project. This role is of particular importance at a time when Honduras is struggling to recover from the dramatic effects of Hurricane Mitch. Improve Environmental and Labor Conditions. The expansion project subject to the IIC's financing includes a series of investments that will enhance the already careful approach the Company takes with regard to the environment and to the safety of workers. Scarce Long-Term Financing. The IIC will provide long-term financing in appropriate conditions to help finance the expansion and modernization of a successful Honduran exporter. Long-term financing, particularly in the amounts required by this project, is difficult to obtain locally. By providing long-term funding, the IIC will allow Del Trópico to strengthen its financial structure, improve its competitive position, and develop new markets for its products, thus allowing it to better cope with the demanding conditions of the international markets where the Company sells its products. Quasi-equity Financing. By providing a sub-loan, the IIC is helping to strengthen the Company's capital structure and to turn the financial plan for the project into a viable proposition. Equity is the most scarce form of capital financing in the Honduran financial market. By providing quasi-equity, the IIC is strengthening and stabilizing the Company's balance sheet. By providing a longer grace period and the flexibility to defer principal payments when necessary, the sub-loan would permit the Company to implement its expansion and consolidate its new markets without having to face the additional pressure on its cash flow that senior debt would impose. IDB Invest Manufacturas Del Trópico, S. A. IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Manufacturing 3000000 3000000 3000000 Manufacturas Del Tropico, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1101A-01 IDB Invest The project consists of a loan of up to $30,000,000 to Banco Internacional del Perú-Interbank. The loan is made up of an A loan of up to $10,000,000, funded by the IIC, and a B loan of up to $20,000,000, funded by participants. The loan will have a term of up to seven years, including a grace period of up to two years. The proceeds from the Loan will be used for medium and long-term on-lending and fixed assets and equipment leasing to small and medium-size companies that are majority-owned by Latin American or Caribbean nationals and operate in productive sectors of the Peruvian economy. Working with a sound Peruvian bank will help the IIC meet its goal of supporting the development of small and medium-size companies. In addition, the IIC funding will support the stability of the Peruvian banking system by providing medium and long-term financing, which in Peru is relatively scarce. The project consists of a loan of up to $30,000,000 to Banco Internacional del Perú-Interbank. The loan is made up of an A loan of up to $10,000,000, funded by the IIC, and a B loan of up to $20,000,000, funded by participants. The loan will have a term of up to seven years, including a grace period of up to two years. The proceeds from the Loan will be used for medium and long-term on-lending and fixed assets and equipment leasing to small and medium-size companies that are majority-owned by Latin American or Caribbean nationals and operate in productive sectors of the Peruvian economy. Working with a sound Peruvian bank will help the IIC meet its goal of supporting the development of small and medium-size companies. In addition, the IIC funding will support the stability of the Peruvian banking system by providing medium and long-term financing, which in Peru is relatively scarce. IDB Invest Banco Internacional del Perú-Interbank IDB Invest Orellana, Ana Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 10000000 10000000 10000000 Interbank Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO1007A-01 IDB Invest Corporacion Financiera del Norte, S.A. Corporacion Financiera del Norte, S.A. IDB Invest IDB Invest Rico, Ricardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 8000000 8000000 8000000 Corporacion Financiera del Norte, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1005A-01 IDB Invest Citros Concentrados Ltda. Citros Concentrados Ltda. IDB Invest IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Agribusiness 8000000 8000000 8000000 Citros Concentrados Ltda. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1117A-01 IDB Invest AQUA is an intensive tilapia farming operation that can produce year-round thanks to an innovative system that uses high volumes of gravity-fed water. Once harvested, the fish are processed for sale as fillets for export and as gutted, whole fish. The fish scraps are used to make fish meal, one of the chief ingredients of balanced feed for animals, including fish. The project involves the following: Construction of an intensive tilapia farm with six concrete reproduction and initial growth ponds (fifteen to thirty days); thirteen earthen ponds, where the fish are kept until they weigh 80 grams; sixteen concrete canals where the tilapia are moved and kept until they weigh 350 grams, and thirty-two grow-out canals where they attain 900 grams, which is the best weight for obtaining fillets for export. Building an emergency pumping station, a laboratory, and a central warehouse. Building a fillet processing plant capable of processing up to 4000 tons of tilapia yearly. Purchasing machinery and equipment for the processing plant. Acquiring brood stock and developing biomass for ensuring year-round farm and processing plant operations. The project will cost an estimated US$8.5 million, of which the IIC will provide US$2.8 million in the form of a long-term loan. AQUA is an intensive tilapia farming operation that can produce year-round thanks to an innovative system that uses high volumes of gravity-fed water. Once harvested, the fish are processed for sale as fillets for export and as gutted, whole fish. The fish scraps are used to make fish meal, one of the chief ingredients of balanced feed for animals, including fish. The project involves the following: Construction of an intensive tilapia farm with six concrete reproduction and initial growth ponds (fifteen to thirty days); thirteen earthen ponds, where the fish are kept until they weigh 80 grams; sixteen concrete canals where the tilapia are moved and kept until they weigh 350 grams, and thirty-two grow-out canals where they attain 900 grams, which is the best weight for obtaining fillets for export. Building an emergency pumping station, a laboratory, and a central warehouse. Building a fillet processing plant capable of processing up to 4000 tons of tilapia yearly. Purchasing machinery and equipment for the processing plant. Acquiring brood stock and developing biomass for ensuring year-round farm and processing plant operations. The project will cost an estimated US$8.5 million, of which the IIC will provide US$2.8 million in the form of a long-term loan. IDB Invest American Quality Aquaculture (AQUA) IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Agribusiness 2800000 2800000 2800000 American Quality Aquaculture, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO1028A-01 IDB Invest The project consists of a 7 year US$4.0 million senior loan and a US$3.0 million subordinated loan to Ficohsa. The senior loan will be used to provide small and medium-size Honduran enterprises with medium and long-term financing otherwise unavailable in the country. The subordinated loan will strengthen Ficohsa’s capital structure and will also be used for on-lending to Honduran companies in productive sectors. The project is expected to result in the creation of about 450 jobs and contribute US$45.0 million to the annual Honduran GDP. The project consists of a 7 year US$4.0 million senior loan and a US$3.0 million subordinated loan to Ficohsa. The senior loan will be used to provide small and medium-size Honduran enterprises with medium and long-term financing otherwise unavailable in the country. The subordinated loan will strengthen Ficohsa’s capital structure and will also be used for on-lending to Honduran companies in productive sectors. The project is expected to result in the creation of about 450 jobs and contribute US$45.0 million to the annual Honduran GDP. IDB Invest Banco Financiera Comercial Hondureña, S.A. IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Financial Institutions 7000000 7000000 7000000 Banco Financiera Comercial Hondureña Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1099A-01 IDB Invest Banco del Progreso Banco del Progreso IDB Invest IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 10000000 10000000 10000000 Banco del Progreso Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1029B-01 IDB Invest Project Description: The project consists of several investments that will modernize Santher's manufacturing facilities and develop feminine care products resulting in a broader product mix (tissue paper, industrial or kraft paper, and feminine hygiene products). The project will also increase the Company's capacity to recycle waste paper. The IIC's financing is primarily for this component of the project. Santher's modernization projects will reduce costs (via the increased ability to use more and lower quality waste paper and a series of energy savings initiatives), increase productivity (via improved process control and Company-wide investments in information technology), as well as to improve the handling of waste generated from paper production (through sales to ceramics producers, land filling and composting). The main investments are at the Bragança Paulista plant and include the installation of a second sanitary napkin machine (US$7.7 million), machinery to produce panty liners — a new product— (US$1.3 million), and an increase in capacity of the waste paper recycling plant output to 150 tons per day from 100 tpd (US$6.8 million). Other significant investments are: the upgrading of information technology Company-wide (US$2.4 million), modernization of equipment and a landfill at the Governador Valadares plant (Minas Gerais) (US$0.8 million), modernization of equipment and energy savings at the Penha plant in Sao Paulo (US$1.6 million), and the introduction of a fire detection and fighting system and sludge composting at the Guaiba plant in Porto Alegre (Rio Grande do Sul). Preserving natural resources by encouraging the use of recyclable products: The project will consume more recycled paper, providing an economic value to waste paper that otherwise would have to be deposited in garbage landfills. It is estimated that approximately US$2.8 million in virgin cellulose will be saved annually thanks to the use of recycled paper in the production process. Fostering the transfer of new technology: The project will help Santher acquire new technology to support its product diversification generated from paper production. The productivity of its existing machines will also increase. Generating employment: The project will create 50 permanent jobs in addition to the temporary jobs demanded during project implementation. Encouraging the production and sale of high quality products at lower prices: Santher has penetrated the market with products whose quality is similar to that of the market leader, at lower prices. Purchasing power of consumers will increase. Facilitating access to long-term financing: The IIC is acting as a lender of last resort for long-term resources in an industry that requires continuous capital investments. Santher already has good access to short-term financing. Expanding sources of medium-term financing while reducing financial exposure: The IIC will take long-term exposure while bringing into the project participating banks for the medium term working capital loan. Thus, IIC would help Santher to develop its banking relationship with the B loan lenders, to widen Santher's sources of medium and long-term financing. Project Description: The project consists of several investments that will modernize Santher's manufacturing facilities and develop feminine care products resulting in a broader product mix (tissue paper, industrial or kraft paper, and feminine hygiene products). The project will also increase the Company's capacity to recycle waste paper. The IIC's financing is primarily for this component of the project. Santher's modernization projects will reduce costs (via the increased ability to use more and lower quality waste paper and a series of energy savings initiatives), increase productivity (via improved process control and Company-wide investments in information technology), as well as to improve the handling of waste generated from paper production (through sales to ceramics producers, land filling and composting). The main investments are at the Bragança Paulista plant and include the installation of a second sanitary napkin machine (US$7.7 million), machinery to produce panty liners — a new product— (US$1.3 million), and an increase in capacity of the waste paper recycling plant output to 150 tons per day from 100 tpd (US$6.8 million). Other significant investments are: the upgrading of information technology Company-wide (US$2.4 million), modernization of equipment and a landfill at the Governador Valadares plant (Minas Gerais) (US$0.8 million), modernization of equipment and energy savings at the Penha plant in Sao Paulo (US$1.6 million), and the introduction of a fire detection and fighting system and sludge composting at the Guaiba plant in Porto Alegre (Rio Grande do Sul). Preserving natural resources by encouraging the use of recyclable products: The project will consume more recycled paper, providing an economic value to waste paper that otherwise would have to be deposited in garbage landfills. It is estimated that approximately US$2.8 million in virgin cellulose will be saved annually thanks to the use of recycled paper in the production process. Fostering the transfer of new technology: The project will help Santher acquire new technology to support its product diversification generated from paper production. The productivity of its existing machines will also increase. Generating employment: The project will create 50 permanent jobs in addition to the temporary jobs demanded during project implementation. Encouraging the production and sale of high quality products at lower prices: Santher has penetrated the market with products whose quality is similar to that of the market leader, at lower prices. Purchasing power of consumers will increase. Facilitating access to long-term financing: The IIC is acting as a lender of last resort for long-term resources in an industry that requires continuous capital investments. Santher already has good access to short-term financing. Expanding sources of medium-term financing while reducing financial exposure: The IIC will take long-term exposure while bringing into the project participating banks for the medium term working capital loan. Thus, IIC would help Santher to develop its banking relationship with the B loan lenders, to widen Santher's sources of medium and long-term financing. IDB Invest Fabrica de Papel Santa Therezinha S. A IDB Invest Barsantini, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Agribusiness 8000000 8000000 8000000 Fábrica de Papel Santa Therezinha S.A. II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR1057A-01 IDB Invest Zonamerica leases free zone office and warehouse space. The Company has focused its investments on the logistics sector, technology companies (software and biotechnology), and multinationals that provide shared services and offshore financial services. With this operation, the Corporation seeks to support Uruguay's sector of logistics, technology, and business platform parks, which has proven to be highly competitive in the MERCOSUR area, capitalizing on such comparative advantages as location, availability of skilled labor force, and infrastructure. The project consists of several subprojects: (i) construction of an office building (@3) as part of a complex with four intelligent buildings (Silicon Plaza) that will house software development and high-tech companies; (ii) transforming two warehouses into office buildings; (iii) converting an industrial plant into an office and laboratory building to attract biotech companies; (iv) investing in complementary technological, service, and infrastructure equipment to improve the services currently provided and meet the demand generated by the increased capacity of the park; and (v) investing in surrounding land for future Zonamerica development. The goal is to consolidate Zonamerica's position and maintain its competitive advantage over other free zones and industrial parks that cannot offer the same mix of benefits, infrastructure, and range of services. The IIC's role in the proposed operation is important because it will enable Zonamerica to expand its services and consolidate its position as a reliable provider of technology and business platform services. This long-term financing will lead to the creation of 1,100 jobs in the park, in addition to 300 jobs during construction. Zonamerica leases free zone office and warehouse space. The Company has focused its investments on the logistics sector, technology companies (software and biotechnology), and multinationals that provide shared services and offshore financial services. With this operation, the Corporation seeks to support Uruguay's sector of logistics, technology, and business platform parks, which has proven to be highly competitive in the MERCOSUR area, capitalizing on such comparative advantages as location, availability of skilled labor force, and infrastructure. The project consists of several subprojects: (i) construction of an office building (@3) as part of a complex with four intelligent buildings (Silicon Plaza) that will house software development and high-tech companies; (ii) transforming two warehouses into office buildings; (iii) converting an industrial plant into an office and laboratory building to attract biotech companies; (iv) investing in complementary technological, service, and infrastructure equipment to improve the services currently provided and meet the demand generated by the increased capacity of the park; and (v) investing in surrounding land for future Zonamerica development. The goal is to consolidate Zonamerica's position and maintain its competitive advantage over other free zones and industrial parks that cannot offer the same mix of benefits, infrastructure, and range of services. The IIC's role in the proposed operation is important because it will enable Zonamerica to expand its services and consolidate its position as a reliable provider of technology and business platform services. This long-term financing will lead to the creation of 1,100 jobs in the park, in addition to 300 jobs during construction. IDB Invest Zonamerica S.A. IDB Invest Barsantini, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Manufacturing 4500000 4500000 4500000 Zonamerica Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU1041A-01 IDB Invest The project consists of a loan of US$6,000,000 to Banco de Occidente. The loan will have a term of up to 7 years, including a grace period of up to 2 years. The funds of the loan will be used in medium and long-term on-lending to small and medium-size companies, whose majority shareholding is Latin American or Caribbean, and which operate in productive sectors of the Guatemalan economy. IIC meets its goal of supporting the development of small and medium-size companies through working with a sound Guatemalan bank. In addition, the IIC funding will support the stability of the Guatemalan banking system, by providing medium and long-term financing, which in Guatemala is relatively scarce. The project consists of a loan of US$6,000,000 to Banco de Occidente. The loan will have a term of up to 7 years, including a grace period of up to 2 years. The funds of the loan will be used in medium and long-term on-lending to small and medium-size companies, whose majority shareholding is Latin American or Caribbean, and which operate in productive sectors of the Guatemalan economy. IIC meets its goal of supporting the development of small and medium-size companies through working with a sound Guatemalan bank. In addition, the IIC funding will support the stability of the Guatemalan banking system, by providing medium and long-term financing, which in Guatemala is relatively scarce. IDB Invest Banco de Occidente IDB Invest Echeverri, Ana Rosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Financial Institutions 6000000 6000000 6000000 Banco de Occidente Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES1017A-01 IDB Invest Banco Hipotecario Banco Hipotecario IDB Invest IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions 2500000 2500000 2500000 Banco Hipotecario Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO1002A-01 IDB Invest Parque Industrial Búfalo, S.A. Parque Industrial Búfalo, S.A. IDB Invest IDB Invest Aguilar, Carlosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Manufacturing 5900000 5900000 5900000 Parque Industrial Búfalo, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO1015A-01 IDB Invest Moda Express Yarns Ltda. Moda Express Yarns Ltda. IDB Invest IDB Invest Sternberg, Edgardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Manufacturing 3700000 3700000 3700000 Moda Express Yarns Ltda. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1063A-01 IDB Invest Banco CREDIBANCO S.A. Banco CREDIBANCO S.A. IDB Invest IDB Invest Moscoso, Victor Hugo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 10000000 10000000 10000000 Banco CREDIBANCO S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC0012A-01 IDB Invest Cartones Nacionales Cartones Nacionales IDB Invest IDB Invest Ordonez, Rigoberto +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing 2000000 2000000 2000000 Cartones Nacionales Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR0001A-01 IDB Invest Zona Franca San Isidro Zona Franca San Isidro IDB Invest IDB Invest Thompson-Flores Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Manufacturing 3000000 3000000 3000000 Zona Franca San Isidro Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1016A-01 IDB Invest Promar Pesca Industrial S.A. Promar Pesca Industrial S.A. IDB Invest IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Agribusiness 4800000 4800000 4800000 Promar Pesca Industrial S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN1007A-01 IDB Invest Wall Street Securities Underwriting Fund Wall Street Securities Underwriting Fund IDB Invest IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 3500000 3500000 3500000 Wall Street Securities Underwriting Fund Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU1001A-01 IDB Invest Tierra Fria, S.A. Tierra Fria, S.A. IDB Invest IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Agribusiness 1350000 1350000 1350000 Tierra Fria, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3083A-01 IDB Invest The purpose of the IIC´s US$1,5 million loan is to finance part of Green Perú´s 2003-2005 investment program, which includes planting 118 additional hectares of green asparagus and 112 hectares of Hass avocados. It also includes investments recently made in two processing facilities, namely a fresh asparagus packing plant with a capacity of 1,500 metric tons per year and a canning plant with an annual processing capacity of 1,656 metric tons. The plan also includes small supplementary investments in crops and in the additional working capital requirements stemming from the expansion. The purpose of the IIC´s US$1,5 million loan is to finance part of Green Perú´s 2003-2005 investment program, which includes planting 118 additional hectares of green asparagus and 112 hectares of Hass avocados. It also includes investments recently made in two processing facilities, namely a fresh asparagus packing plant with a capacity of 1,500 metric tons per year and a canning plant with an annual processing capacity of 1,656 metric tons. The plan also includes small supplementary investments in crops and in the additional working capital requirements stemming from the expansion. IDB Invest Green Perú S.A. IDB Invest Perez Silva, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Agribusiness 1500000 1500000 1500000 Green Peru Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3101A-01 IDB Invest The proposed loan of US$1,250,000 to Financiera ProCredit Nicaragua S.A. is intended to strengthen the institution as it continues to grow and allow it to expand its financing capabilities for local micro and small enterprises demanding working capital or capital expenditure funds. The proposed loan of US$1,250,000 to Financiera ProCredit Nicaragua S.A. is intended to strengthen the institution as it continues to grow and allow it to expand its financing capabilities for local micro and small enterprises demanding working capital or capital expenditure funds. IDB Invest Financiera ProCredit Nicaragua S.A. IDB Invest Ciurlizza, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Financial Institutions 1250000 1250000 1250000 Financiera ProCredit S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3235A-01 IDB Invest The objective of the Project is to improve the Company’s cash flow by alleviating its financial burden and improving its debt profile. The Project consists of (1) debt refinancing and (2) working capital financing. Toward this end, two loans ("A" and "C") are proposed, each having different characteristics, to address to the firm’s principal financial needs. Provide long-term financing: Sources of long-term financing are scarce in Nicaragua. The operation will meet two of the immediate needs of Avícola La Estrella, S.A. ("La Estrella" or "the Company"), i.e., refinancing short-term debt and meeting working capital requirements. Support an industry with a high value-added component: The chicken production process includes hatching, grow-out, processing, and distribution. In addition, "the Company" has incorporated the production of feed for its own use, the production of chicken byproducts, and the production of eggs for human consumption into its process. Strengthen a medium-size company: The Project will help "the Company" adapt to ongoing growth and achieve its full potential, thus conserving many jobs. Generate sales for small and medium-size enterprises: "The Company" is an important local buyer of commodities such as grains and meal. It also purchases packing materials and other production inputs. The objective of the Project is to improve the Company’s cash flow by alleviating its financial burden and improving its debt profile. The Project consists of (1) debt refinancing and (2) working capital financing. Toward this end, two loans ("A" and "C") are proposed, each having different characteristics, to address to the firm’s principal financial needs. Provide long-term financing: Sources of long-term financing are scarce in Nicaragua. The operation will meet two of the immediate needs of Avícola La Estrella, S.A. ("La Estrella" or "the Company"), i.e., refinancing short-term debt and meeting working capital requirements. Support an industry with a high value-added component: The chicken production process includes hatching, grow-out, processing, and distribution. In addition, "the Company" has incorporated the production of feed for its own use, the production of chicken byproducts, and the production of eggs for human consumption into its process. Strengthen a medium-size company: The Project will help "the Company" adapt to ongoing growth and achieve its full potential, thus conserving many jobs. Generate sales for small and medium-size enterprises: "The Company" is an important local buyer of commodities such as grains and meal. It also purchases packing materials and other production inputs. IDB Invest Avícola La Estrella, S.A. IDB Invest Elliot, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Agribusiness 4200000 4200000 4200000 Avícola La Estrella Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3440A-01 IDB Invest With this investment the IIC seeks to support Banco de Comercio Exterior de Colombia (Bancoldex) as Bancoldex fulfills its mandate to foster exports of Colombian goods by providing financing the purchase of goods produced and services provided by small and medium-size Colombian companies. With the proceeds of this line of credit, Bancoldex will make medium- and long-term loans to financial institutions in countries purchasing these goods and services. With this investment the IIC seeks to support Banco de Comercio Exterior de Colombia (Bancoldex) as Bancoldex fulfills its mandate to foster exports of Colombian goods by providing financing the purchase of goods produced and services provided by small and medium-size Colombian companies. With the proceeds of this line of credit, Bancoldex will make medium- and long-term loans to financial institutions in countries purchasing these goods and services. IDB Invest Banco de Comercio Exterior de Colombia S.A. IDB Invest Antebi, Jacques +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 30000000 30000000 30000000 Bancoldex Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR3731A-01 IDB Invest The proposed project is for a loan for up to US$1 million. The loan proceeds will be used to provide medium-term financing to small and medium-size Paraguayan companies. The proposed project is for a loan for up to US$1 million. The loan proceeds will be used to provide medium-term financing to small and medium-size Paraguayan companies. IDB Invest Financiera El Comercio S.A.E.C.A. IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 1000000 1000000 1000000 Financiera El Comercio Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH0004A-01 IDB Invest Cultivos Marinos Internacionales Cultivos Marinos Internacionales IDB Invest IDB Invest Trujillo, Roldan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Agribusiness 2690000 2690000 2690000 Cultivos Marinos Internacionales Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR1006A-01 IDB Invest Union Star Union Star IDB Invest IDB Invest Mahler, Mario +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Manufacturing 3500000 3500000 3500000 Union Star Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3785A-01 IDB Invest Avex is a vertically integrated poultry operation located in Río Cuarto, in the province of Córdoba. The enterprise, which started operations in 2007, seeks to produce and market chicken meat and chicken products and export most of its production (approximately 70%). Avex will have an initial production capacity of some 60,000 chickens per day, equivalent to approximately 4% of the total number of chickens slaughtered in Argentina in 2006. The proposed loan will be used mainly to finance working capital needs during the start-up of production and marketing activities. With this project, the Corporation will provide financial support to a new enterprise, the purpose of which is to convert vegetable protein with low value-added into animal protein with greater value-added. Avex will be labor-intensive and will provide direct employment for approximately 300 people at peak production capacity. The demand for direct labor for this project is having a significant impact on the city of Río Cuarto. Avex is a vertically integrated poultry operation located in Río Cuarto, in the province of Córdoba. The enterprise, which started operations in 2007, seeks to produce and market chicken meat and chicken products and export most of its production (approximately 70%). Avex will have an initial production capacity of some 60,000 chickens per day, equivalent to approximately 4% of the total number of chickens slaughtered in Argentina in 2006. The proposed loan will be used mainly to finance working capital needs during the start-up of production and marketing activities. With this project, the Corporation will provide financial support to a new enterprise, the purpose of which is to convert vegetable protein with low value-added into animal protein with greater value-added. Avex will be labor-intensive and will provide direct employment for approximately 300 people at peak production capacity. The demand for direct labor for this project is having a significant impact on the city of Río Cuarto. IDB Invest Avex S.A. ("Avex" or the "Enterprise") IDB Invest Barsantini, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Agribusiness 3000000 3000000 3000000 Avex S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1029A-01 IDB Invest Consorcio Pesquero S.A. Consorcio Pesquero S.A. IDB Invest IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Agribusiness 2000000 2000000 2000000 Consorcio Pesquero S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3642A-02 IDB Invest Molino Cañuelas is an Argentinian company specializing in milling wheat into flour and producing food products (mainly pasta, crackers, and cookies). The company also grinds oilseeds (sunflower seeds and soybeans) to produce oils, including the refining, fractioning, and bottling stages. Molino Cañuelas is one of the principal flour producers in Argentina and is the largest exporter. The purpose of this second IIC loan to the company is to finance permanent operating fund requirements and replace short- and medium-term liabilities with long-term liabilities, in accordance with the company’s needs. The IIC will syndicate part of the loan to attract other banks to finance Molino Cañuelas on the same terms. Financing from the IIC will strengthen the company and support its development. Molino Cañuelas is an Argentinian company specializing in milling wheat into flour and producing food products (mainly pasta, crackers, and cookies). The company also grinds oilseeds (sunflower seeds and soybeans) to produce oils, including the refining, fractioning, and bottling stages. Molino Cañuelas is one of the principal flour producers in Argentina and is the largest exporter. The purpose of this second IIC loan to the company is to finance permanent operating fund requirements and replace short- and medium-term liabilities with long-term liabilities, in accordance with the company’s needs. The IIC will syndicate part of the loan to attract other banks to finance Molino Cañuelas on the same terms. Financing from the IIC will strengthen the company and support its development. IDB Invest Molino Cañuelas S.A.C.I.F.I.A. and Molinos Florencia S.A. as borrowers; Molca S.A. and Compañía Argentina de Granos S.A. as guarantors IDB Invest Orellana, Ana Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Agribusiness 5000000 5000000 5000000 Molino Cañuelas II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR3815A-01 IDB Invest The objective of this loan is to finance eligible projects via loans to eligible enterprises in Uruguay that meet IIC and NBC Uruguay loan eligibility criteria and environmental and labor requirements. These small and medium-size enterprises (SMEs) in Uruguay require medium- or long-term financing in order to carry out their operations. Financing on appropriate terms will help generate direct and indirect employment and improve the financial structure of SMEs, which currently have limited access to financing with terms longer than one year. The objective of this loan is to finance eligible projects via loans to eligible enterprises in Uruguay that meet IIC and NBC Uruguay loan eligibility criteria and environmental and labor requirements. These small and medium-size enterprises (SMEs) in Uruguay require medium- or long-term financing in order to carry out their operations. Financing on appropriate terms will help generate direct and indirect employment and improve the financial structure of SMEs, which currently have limited access to financing with terms longer than one year. IDB Invest NBC Uruguay IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Financial Institutions 6000000 6000000 6000000 Nuevo Banco Comercial Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-JA1015A-01 IDB Invest Belvedere Estates Ltd Belvedere Estates Ltd IDB Invest IDB Invest Darville, Sandra +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Agribusiness 2700000 2700000 2700000 Belvedere Estates Ltd Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU0003A-01 IDB Invest Empaques Finos S.A. Empaques Finos S.A. IDB Invest IDB Invest Pereira, Juan Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Manufacturing 1500000 1500000 1500000 Empaques Finos S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO0003A-01 IDB Invest Zip Choloma Zip Choloma IDB Invest IDB Invest Elliot, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Manufacturing 2500000 2500000 2500000 Zip Choloma Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3005A-01 IDB Invest The proposed project consists of a medium-term loan of up to US$900,000 to Financiera Nicaragüense de Desarrollo S.A. The loan proceeds will be used to finance micro, small and medium-size Nicaraguan enterprises that require short- and medium- term funds to finance working capital and/or the acquisition of fixed assets or machinery. The proposed project consists of a medium-term loan of up to US$900,000 to Financiera Nicaragüense de Desarrollo S.A. The loan proceeds will be used to finance micro, small and medium-size Nicaraguan enterprises that require short- and medium- term funds to finance working capital and/or the acquisition of fixed assets or machinery. IDB Invest Financiera Nicaragüense de Desarrollo S.A. IDB Invest Savastano, Ana Cecilia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Financial Institutions 900000 900000 900000 Financiera Nicaragüense de Desarrollo S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES3100A-01 IDB Invest The proposed loan of US$2,000,000 to Banco ProCredit El Salvador S.A. is intended to strengthen the institution as it continues to grow and allow it to expand its financing capabilities for local micro and small enterprises demanding working capital or capital expenditure funds. The proposed loan of US$2,000,000 to Banco ProCredit El Salvador S.A. is intended to strengthen the institution as it continues to grow and allow it to expand its financing capabilities for local micro and small enterprises demanding working capital or capital expenditure funds. IDB Invest Banco ProCredit El Salvador S.A. IDB Invest Ciurlizza, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions 2000000 2000000 2000000 Banco ProCredit S.A. - El Salvador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR3026A-01 IDB Invest The IIC seeks to work with Banco Sofisa S.A. in helping small and medium-sized companies secure financing by guaranteeing up to 50% of loans booked by Sofisa, a local bank that is almost exclusively focused on SMEs in Brazil. By providing these partial loan guarantees, the IIC will allow Sofisa to extend a greater amount of financing to eligible companies than would normally be the case, due to the bank’s conservative exposure limitations. For the IIC, this program will allow it to extend lending to SMEs in local currency, thereby helping eligible companies that are not exporters and thus require local currency, rather than U.S. dollar, funding. The IIC seeks to work with Banco Sofisa S.A. in helping small and medium-sized companies secure financing by guaranteeing up to 50% of loans booked by Sofisa, a local bank that is almost exclusively focused on SMEs in Brazil. By providing these partial loan guarantees, the IIC will allow Sofisa to extend a greater amount of financing to eligible companies than would normally be the case, due to the bank’s conservative exposure limitations. For the IIC, this program will allow it to extend lending to SMEs in local currency, thereby helping eligible companies that are not exporters and thus require local currency, rather than U.S. dollar, funding. IDB Invest Banco Sofisa S.A. IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 2400000 2400000 2400000 Sofisa Local Currency Guarantee Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3807A-01 IDB Invest Banco GNB Sudameris Banco GNB Sudameris IDB Invest IDB Invest Bermudez, Tomas +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 12500000 12500000 12500000 Banco GNB Sudameris Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR3907A-01 IDB Invest Altair Gelain Altair Gelain IDB Invest IDB Invest Lesme, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Agribusiness 400000 400000 400000 Altair Gelain Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3890A-01 IDB Invest Distribuidora de Carnes Zamora S.A. processes and distributes high-value-added pork products. It has been in business since 1995 and sells both on the domestic market and internationally. The company is the only pork processor in Costa Rica certified to export to Asia. It recently completed the vertical integration of its operations by taking over the management of two pig farms, thereby ensuring its supply of quality raw material. IIC involvement in the Distribuidora de Carnes Zamora project has two major benefits. First, the loan will increase the company’s permanent working capital by helping it refinance short-term debt into long-term debt. The company will also be able to purchase new machinery and equipment to improve its processing plant infrastructure and production processes. In addition, as a complement to the FINPYME program that the company registered for last year, Carnes Zamora will receive technical assistance for implementing ISO 9000 and 22000 quality standards. Distribuidora de Carnes Zamora S.A. processes and distributes high-value-added pork products. It has been in business since 1995 and sells both on the domestic market and internationally. The company is the only pork processor in Costa Rica certified to export to Asia. It recently completed the vertical integration of its operations by taking over the management of two pig farms, thereby ensuring its supply of quality raw material. IIC involvement in the Distribuidora de Carnes Zamora project has two major benefits. First, the loan will increase the company’s permanent working capital by helping it refinance short-term debt into long-term debt. The company will also be able to purchase new machinery and equipment to improve its processing plant infrastructure and production processes. In addition, as a complement to the FINPYME program that the company registered for last year, Carnes Zamora will receive technical assistance for implementing ISO 9000 and 22000 quality standards. IDB Invest Distribuidora de Carnes Zamora S.A. IDB Invest Fonseca, Juan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Manufacturing 1100000 1100000 1100000 Carnes Zamora Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3829A-01 IDB Invest The project consists of: i) production plant upgrades to increase efficiency and reduce costs; ii) purchase of forest plantations to increase the supply of raw materials; iii) environmental investments; and iv) investments in occupational health and safety. The project consists of: i) production plant upgrades to increase efficiency and reduce costs; ii) purchase of forest plantations to increase the supply of raw materials; iii) environmental investments; and iv) investments in occupational health and safety. IDB Invest Aglomerados Cotopaxi S.A. IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Agribusiness 5000000 5000000 5000000 Aglomerados Cotopaxi Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3740A-03 IDB Invest The objective of this IIC financing is to support Agrofinanzas’ lending activities aimed at providing financing to small and medium-sized enterprises operating in Mexico’s agriculture and agribusiness sectors. The objective of this IIC financing is to support Agrofinanzas’ lending activities aimed at providing financing to small and medium-sized enterprises operating in Mexico’s agriculture and agribusiness sectors. IDB Invest Agrofinanzas S.A. de C.V. IDB Invest Navarrete, Monica +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 32000000 32000000 32000000 Financiera Compartamos S.A. de C.V. SOFOL Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3816A-01 IDB Invest HIR Pyme S.A. de CV SOFOL HIR Pyme S.A. de CV SOFOL IDB Invest IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 1150000 1150000 1150000 HIR Pyme S.A. de CV SOFOL Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO1029A-01 IDB Invest Project Description: The proposed project involves the expansion of the Zona Industrial de Exportación Buena Vista (ZIP Buena Vista), an industrial park located near the town of Villanueva, San Pedro Sula, Honduras. The expansion project involves the construction of a total of seven industrial shells to be leased to apparel manufacturers, as well as the construction of a parking lot for eighty containers. A total of 42,896 square meters of industrial space will be added as part of the expansion and approximately 5,400 jobs will be created. The project also involves investments in improving the environmental conditions of the park. The total cost of the project is estimated at US$16.2 million, of which the IIC would contribute US$7.5 million via a long-term loan. Project Description: The proposed project involves the expansion of the Zona Industrial de Exportación Buena Vista (ZIP Buena Vista), an industrial park located near the town of Villanueva, San Pedro Sula, Honduras. The expansion project involves the construction of a total of seven industrial shells to be leased to apparel manufacturers, as well as the construction of a parking lot for eighty containers. A total of 42,896 square meters of industrial space will be added as part of the expansion and approximately 5,400 jobs will be created. The project also involves investments in improving the environmental conditions of the park. The total cost of the project is estimated at US$16.2 million, of which the IIC would contribute US$7.5 million via a long-term loan. IDB Invest Zona Industrial de Exportación Buena Vista, S.A. IDB Invest Otarola, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Manufacturing 7500000 7500000 7500000 ZIP Buena Vista, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1021A-01 IDB Invest Banco Itamarati, S.A. Banco Itamarati, S.A. IDB Invest IDB Invest Moscoso, Victor Hugo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 10000000 10000000 10000000 Banco Itamarati, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC1028A-01 IDB Invest Banco Progreso Banco Progreso IDB Invest IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 10000000 10000000 10000000 Banco Progreso Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1001A-01 IDB Invest Industrias Electro-Quimicas S.A. Industrias Electro-Quimicas S.A. IDB Invest IDB Invest Zuluaga, Juan Eduardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Manufacturing 6000000 6000000 6000000 Industrias Electro-Quimicas S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU1041B-01 IDB Invest Banco de Occidente II Banco de Occidente II IDB Invest IDB Invest Savastano, Ana Cecilia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Financial Institutions 10000000 10000000 10000000 Banco de Occidente II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME1108A-01 IDB Invest Monarch/Visaflor Monarch/Visaflor IDB Invest IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 9550000 9550000 9550000 Monarch/Visaflor Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR0030B-01 IDB Invest Potasio Río Colorado, S.A.- Stage II Potasio Río Colorado, S.A.- Stage II IDB Invest IDB Invest Trujillo, Roldan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Energy 3000000 3000000 3000000 Potasio Río Colorado, S.A.- Stage II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3005A-02 IDB Invest The proposed project consists of a long-term loan of up to US$3,000,000 to Financiera Nicaragüense de Desarrollo S.A. The loan proceeds will be used to finance micro, small and medium-size Nicaraguan enterprises that require short- and medium- term funds to finance working capital and/or the acquisition of fixed assets or machinery. The proposed project consists of a long-term loan of up to US$3,000,000 to Financiera Nicaragüense de Desarrollo S.A. The loan proceeds will be used to finance micro, small and medium-size Nicaraguan enterprises that require short- and medium- term funds to finance working capital and/or the acquisition of fixed assets or machinery. IDB Invest Financiera Nicaragüense de Desarrollo S.A. IDB Invest Savastano, Ana Cecilia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Financial Institutions 3000000 3000000 3000000 Financiera Nicaragüense de Desarrollo S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR3430A-01 IDB Invest The proposed project is for a loan for up to US$1 million. The loan proceeds will be used to provide medium term financing to small and medium-size Paraguayan companies. The proposed project is for a loan for up to US$1 million. The loan proceeds will be used to provide medium term financing to small and medium-size Paraguayan companies. IDB Invest Financiera Familiar, S.A.E.C.A. IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 1000000 1000000 1000000 Financiera Familiar Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3886A-01 IDB Invest Prima Prima IDB Invest IDB Invest Fonseca, Juan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Manufacturing 200000 200000 200000 Prima Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR3798A-01 IDB Invest The purpose of the IIC loan is to finance eligible projects via subloans to eligible enterprises in Uruguay that meet IIC and Microfin Uruguay loan eligibility criteria and environmental and labor requirements. The subloans will target micro and small Uruguayan enterprises seeking short-, medium- or long-term financing to carry out their operations and that are underserved in the formal financial system. Financing on appropriate terms will make it possible to generate direct and indirect employment and improve the financial structure of micro and small enterprises. Microfinancing is underdeveloped in Uruguay and there are few institutions that are beginning to serve this segment. Microfin provides financial services and specialized products for micro and small enterprises throughout Uruguay; its main objective is to promote the socioeconomic development of lower-income households in Uruguay. Microfin is managed by the ACP group, a not-for-profit civil association founded in 1969 in Peru and one of the main players in Latin America’s microfinance sector. It will bring the region’s best practices to the microfinance segment in Uruguay and should provide a significant demonstration effect in the sector. The purpose of the IIC loan is to finance eligible projects via subloans to eligible enterprises in Uruguay that meet IIC and Microfin Uruguay loan eligibility criteria and environmental and labor requirements. The subloans will target micro and small Uruguayan enterprises seeking short-, medium- or long-term financing to carry out their operations and that are underserved in the formal financial system. Financing on appropriate terms will make it possible to generate direct and indirect employment and improve the financial structure of micro and small enterprises. Microfinancing is underdeveloped in Uruguay and there are few institutions that are beginning to serve this segment. Microfin provides financial services and specialized products for micro and small enterprises throughout Uruguay; its main objective is to promote the socioeconomic development of lower-income households in Uruguay. Microfin is managed by the ACP group, a not-for-profit civil association founded in 1969 in Peru and one of the main players in Latin America’s microfinance sector. It will bring the region’s best practices to the microfinance segment in Uruguay and should provide a significant demonstration effect in the sector. IDB Invest Microfinanzas del Uruguay S.A. IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Financial Institutions 1500000 1500000 1500000 Microfin Uruguay Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3919A-01 IDB Invest Periodically renewable medium-term funding granted by the IIC will enable Café Britt to cover current and future permanent working capital needs, particularly with respect to inventory. This financing will also supplement Café Britt’s local short-term lines, facilitating the consolidation of its operations in the different markets where it operates. Café Britt is a company that dates back to 1985 when it began operations in Costa Rica. In the last decade, in addition to having consolidated the quality of its principal original products (gourmet coffee and chocolates) internationally, Café Britt has expanded a successful business model of tourist and airport shops, focusing on diversifying and offering locally authentic, value added products at each point and in each country where it operates. Periodically renewable medium-term funding granted by the IIC will enable Café Britt to cover current and future permanent working capital needs, particularly with respect to inventory. This financing will also supplement Café Britt’s local short-term lines, facilitating the consolidation of its operations in the different markets where it operates. Café Britt is a company that dates back to 1985 when it began operations in Costa Rica. In the last decade, in addition to having consolidated the quality of its principal original products (gourmet coffee and chocolates) internationally, Café Britt has expanded a successful business model of tourist and airport shops, focusing on diversifying and offering locally authentic, value added products at each point and in each country where it operates. IDB Invest Café Britt Coffee Corporation Holding (CBCC) IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Manufacturing 4000000 4000000 4000000 Cafe Britt Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR3806A-02 IDB Invest Wilhelm II Wilhelm II IDB Invest IDB Invest Lesme, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Agribusiness 140000 140000 140000 Wilhelm II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3886A-01 IDB Invest The Caruquia project consists of building and operating of a hydroelectric plant to be located on the Guadalupe River in the Department of Antioquia, located 95 km north of Medellin. The plant will have an installed capacity of 9.8 MW, which will generate 59.8 GWh of clean energy per year. The engineering designs, construction, and supervision of the civil works for the project will be undertaken by HMV, a major engineering firm in Colombia with vast experience in energy-related EPC projects. The plant is expected to start operating commercially in 2010. With this operation, the IIC will be supporting the development of a hydroelectric project in Colombia by providing the long-term financing—up to fifteen years—that this type of project usually needs. The significant increase in domestic demand, Colombia’s forthcoming interconnection with countries with a power generation deficit, and a relatively slow project implementation process show Colombia’s sound energy market fundamentals and encourage visionary investors such as Century Energy Corporation to invest in this sector in Colombia. The Caruquia project consists of building and operating of a hydroelectric plant to be located on the Guadalupe River in the Department of Antioquia, located 95 km north of Medellin. The plant will have an installed capacity of 9.8 MW, which will generate 59.8 GWh of clean energy per year. The engineering designs, construction, and supervision of the civil works for the project will be undertaken by HMV, a major engineering firm in Colombia with vast experience in energy-related EPC projects. The plant is expected to start operating commercially in 2010. With this operation, the IIC will be supporting the development of a hydroelectric project in Colombia by providing the long-term financing—up to fifteen years—that this type of project usually needs. The significant increase in domestic demand, Colombia’s forthcoming interconnection with countries with a power generation deficit, and a relatively slow project implementation process show Colombia’s sound energy market fundamentals and encourage visionary investors such as Century Energy Corporation to invest in this sector in Colombia. IDB Invest Century Energy Corporation IDB Invest Perez, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Energy 7650000 7650000 7650000 Proyecto Hidroelectrico Caruquia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME1151A-01 IDB Invest UNIVA's expansion project consists of building and equipping the first phase of the campuses in Vallarta, Lagos, and Leon, as web as the construction of a library at the Guadalajara campus and purchasing land and building a parking lot for 520 cars. UNIVA's expansion project consists of building and equipping the first phase of the campuses in Vallarta, Lagos, and Leon, as web as the construction of a library at the Guadalajara campus and purchasing land and building a parking lot for 520 cars. IDB Invest Instituto Superior Autónomo del Occidente, A.C. IDB Invest Otarola, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Social Infrastructure 10000000 10000000 10000000 Instituto Superior Autónomo de Occidente. A.C. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR3755A-01 IDB Invest Bowfluvial S.A. de Navegación is a Paraguayan company that is part of the González Saldivar group. The group provides river freight, ship-building, and shipping services along the Paraguay-Paraná Waterway. The purpose of the proposed project is to finance upgrades and repairs for fifteen barges owned by Bowfluvial. This will increase net cargo transport capacity from 1,500 tons to 2,500 tons while increasing the useful life of the vessels. IIC’s participation in the project will enable an increase in the static transport capacity on the waterway, thus providing logistical support for agriculture, agribusiness, mineral, and fuel exports from the Rio de la Plata Basin region using a very environmentally-friendly means of transportation Bowfluvial S.A. de Navegación is a Paraguayan company that is part of the González Saldivar group. The group provides river freight, ship-building, and shipping services along the Paraguay-Paraná Waterway. The purpose of the proposed project is to finance upgrades and repairs for fifteen barges owned by Bowfluvial. This will increase net cargo transport capacity from 1,500 tons to 2,500 tons while increasing the useful life of the vessels. IIC’s participation in the project will enable an increase in the static transport capacity on the waterway, thus providing logistical support for agriculture, agribusiness, mineral, and fuel exports from the Rio de la Plata Basin region using a very environmentally-friendly means of transportation IDB Invest Bowfluvial S.A. de Navegación IDB Invest Lesme, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Transport 3000000 3000000 3000000 Panchita G Navegación, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3760A-01 IDB Invest The proposed line of credit is for a loan in the amount of US$6 million to Banco de Guayaquil S.A. The proceeds will be used to provide financing to small and medium-size Ecuadorian companies, for working capital or to finance equipment, machinery or other fixed asset purchases. The proposed line of credit is for a loan in the amount of US$6 million to Banco de Guayaquil S.A. The proceeds will be used to provide financing to small and medium-size Ecuadorian companies, for working capital or to finance equipment, machinery or other fixed asset purchases. IDB Invest Banco de Guayaquil S.A. IDB Invest Bettiol, Rita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 6000000 6000000 6000000 Banco de Guayaquil Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3813A-01 IDB Invest Equipos y Sistemas, S.A. Equipos y Sistemas, S.A. IDB Invest IDB Invest Jiron, Johnny +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Digital Economy 150000 150000 150000 Equipos y Sistemas, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH2962A-02 IDB Invest The proposed project consists of a loan of up to the equivalent in dollars of 33% of the company’s net worth. The proposed loan would be the IIC’s third transaction with FactorLine, and approval of the operation is based on the company’s good performance since 2004 and the increase in international factoring operations as a result of the free trade agreements signed by Chile. The loan proceeds will be used to finance international factoring operations with a term of up to one year for small and medium-size companies in Chile. These companies must meet the eligibility criteria established by the IIC. The proposed project consists of a loan of up to the equivalent in dollars of 33% of the company’s net worth. The proposed loan would be the IIC’s third transaction with FactorLine, and approval of the operation is based on the company’s good performance since 2004 and the increase in international factoring operations as a result of the free trade agreements signed by Chile. The loan proceeds will be used to finance international factoring operations with a term of up to one year for small and medium-size companies in Chile. These companies must meet the eligibility criteria established by the IIC. IDB Invest FactorLine S.A IDB Invest Patti, Lucila Andrea +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 15000000 15000000 15000000 Factorline III Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO1023A-01 IDB Invest Tahuamanu S.A. Tahuamanu S.A. IDB Invest IDB Invest Perez Silva, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Agribusiness 1600000 1600000 1600000 Tahuamanu S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3788A-03 IDB Invest The project consists of providing financing to small and medium-size enterprises in Peru for working capital or the purchase of fixed assets and machinery originating in IIC member countries. The beneficiary companies shall not exceed US$20 million in assets or yearly revenue. The project consists of providing financing to small and medium-size enterprises in Peru for working capital or the purchase of fixed assets and machinery originating in IIC member countries. The beneficiary companies shall not exceed US$20 million in assets or yearly revenue. IDB Invest BBVA Banco Continental S.A. IDB Invest Ciurlizza, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 40000000 40000000 40000000 Banco BBVA Continental Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3814A-02 IDB Invest Kola Shaler II Kola Shaler II IDB Invest IDB Invest Mayorga, Luisa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Manufacturing 110000 110000 110000 Kola Shaler II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3864A-01 IDB Invest The IIC loan of up to US$5 million will be used to finance Eligible Enterprises consisting of microentrepreneurs and small enterprises for amounts of up to US$30,000 per Eligible Enterprise, for terms of not less than 12 months. Created in 1967, COOPEUCH is a savings and credit cooperative that provides personal banking products to its members, most of whom earn less than US$700 per month. It operates mainly in the public sector under a payroll deduction scheme for loan repayments, whereby it collects resources from its members and third parties. It is also a distributor of general and personal insurance services for its members. COOPEUCH is the largest cooperative in Chile. The IIC loan of up to US$5 million will be used to finance Eligible Enterprises consisting of microentrepreneurs and small enterprises for amounts of up to US$30,000 per Eligible Enterprise, for terms of not less than 12 months. Created in 1967, COOPEUCH is a savings and credit cooperative that provides personal banking products to its members, most of whom earn less than US$700 per month. It operates mainly in the public sector under a payroll deduction scheme for loan repayments, whereby it collects resources from its members and third parties. It is also a distributor of general and personal insurance services for its members. COOPEUCH is the largest cooperative in Chile. IDB Invest Cooperativa del Personal de la Universidad de Chile (COOPEUCH) IDB Invest Orellana, Ana Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 5000000 5000000 5000000 COOPEUCH Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3453A-04 IDB Invest ALMER is a bonded warehouse (Almacén General de Depósito) subject to oversight by the Comisión Nacional Bancaria y de Valores (CNBV). ALMER was established in July 1998 when the three warehouses composing the state-owned company Almacenes Nacionales de Depósito (ANDSA) were privatized. ALMER is the largest bonded warehouse operator in Mexico. It serves 21 states, operating 14 warehouse complexes directly in 8 states and 325 smaller ones under license in 13 states. ALMER also has a railroad grain terminal and other transportation infrastructure. The proposed operation is to renew financing for the existing program for the storage and/or purchase of grain, mainly white corn (as well as wheat and sorghum) from approximately 750 small farmers. As part of the project, ALMER will continue to use the IIC loan to provide financing to small producers by either purchasing their goods with an option to repurchase (repos) or storing them until they are sold. In both cases ALMER will issue warehouse receipts, which will secure the IIC's loan. This will be the IIC’s first loan to ALMER in Mexican pesos. ALMER is a bonded warehouse (Almacén General de Depósito) subject to oversight by the Comisión Nacional Bancaria y de Valores (CNBV). ALMER was established in July 1998 when the three warehouses composing the state-owned company Almacenes Nacionales de Depósito (ANDSA) were privatized. ALMER is the largest bonded warehouse operator in Mexico. It serves 21 states, operating 14 warehouse complexes directly in 8 states and 325 smaller ones under license in 13 states. ALMER also has a railroad grain terminal and other transportation infrastructure. The proposed operation is to renew financing for the existing program for the storage and/or purchase of grain, mainly white corn (as well as wheat and sorghum) from approximately 750 small farmers. As part of the project, ALMER will continue to use the IIC loan to provide financing to small producers by either purchasing their goods with an option to repurchase (repos) or storing them until they are sold. In both cases ALMER will issue warehouse receipts, which will secure the IIC's loan. This will be the IIC’s first loan to ALMER in Mexican pesos. IDB Invest Almacenadora Mercader, S.A. de C.V. ("ALMER") IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 5000000 5000000 5000000 Almacenadora Mercader S.A. V Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI1032A-01 IDB Invest Corporacion de Inversiones Turisticas, S.A. Corporacion de Inversiones Turisticas, S.A. IDB Invest IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Tourism 5100000 5100000 5100000 Corporacion de Inversiones Turisticas, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC1004A-02 IDB Invest Financiera del Agro, S.A. II Financiera del Agro, S.A. II IDB Invest IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 500000 500000 500000 Financiera del Agro, S.A. II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1124A-01 IDB Invest Sanrisil produces medicinal extracts, fruit extracts and special extracts, such as Rutin and Quercitin, for pharmaceutical purposes. The company gets its supplies of native species and cultivated plants from a great number of families throughout Brazil, and sells its production to the pharmaceutical, food and cosmetic industries. The purpose of the project is to invest in infrastructure, equipment, facilities and assembly, involving a series of subprojects: (1) Implement new purification and crystallization technology to obtain 94% pure Rutin. (2) Expand the fruit extraction unit; (3) Expand the existing laboratory and purchase state-of-the-art equipment; (4) Consolidate and increase the capacity of the liquid effluent treatment plant to increase the efficiency of the wastewater treatment process; (5) Build a raw materials storage facility and finish paving all roads within the plant grounds; (6) Build specific administrative areas for training and presentations, and acquire new information systems and furniture. The IIC's role in the proposed operation is important because it will enable Sanrisil to expand its production capacity and consolidate its position as one of the main producers of plant and fruit extracts for the pharmaceutical and food industries. This long-term financing will lead to the creation of 20 direct jobs, in addition to indirect jobs for a considerable number of families throughout Brazil that collect native species. Sanrisil produces medicinal extracts, fruit extracts and special extracts, such as Rutin and Quercitin, for pharmaceutical purposes. The company gets its supplies of native species and cultivated plants from a great number of families throughout Brazil, and sells its production to the pharmaceutical, food and cosmetic industries. The purpose of the project is to invest in infrastructure, equipment, facilities and assembly, involving a series of subprojects: (1) Implement new purification and crystallization technology to obtain 94% pure Rutin. (2) Expand the fruit extraction unit; (3) Expand the existing laboratory and purchase state-of-the-art equipment; (4) Consolidate and increase the capacity of the liquid effluent treatment plant to increase the efficiency of the wastewater treatment process; (5) Build a raw materials storage facility and finish paving all roads within the plant grounds; (6) Build specific administrative areas for training and presentations, and acquire new information systems and furniture. The IIC's role in the proposed operation is important because it will enable Sanrisil to expand its production capacity and consolidate its position as one of the main producers of plant and fruit extracts for the pharmaceutical and food industries. This long-term financing will lead to the creation of 20 direct jobs, in addition to indirect jobs for a considerable number of families throughout Brazil that collect native species. IDB Invest Sanrisil Industria y Comercio S.A. IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Agribusiness 2500000 2500000 2500000 Sanrisil S/A Industria e Comercio Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC1007A-01 IDB Invest Compañía Agrícola e Industrial Ecuaplantation S.A. Compañía Agrícola e Industrial Ecuaplantation S.A. IDB Invest IDB Invest Perez Silva, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Agribusiness 2100000 2100000 2100000 Compañía Agrícola e Industrial Ecuaplantation S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1130A-01 IDB Invest Dori manufactures all kinds of candies, chocolates and peanuts in different flavors, to meet domestic and international demand. The company's headquarters are in the city of Marilia, in the northeastern part of the state of São Paulo, and this is where the peanuts, chocolate, and gum candies are manufactured. There is a subsidiary plant in the city of Rolândia, state of Paraná, where the company produces a complete line of candies. In addition, the company has a peanut processing plant where peanuts are received as raw material, processed, and subsequently delivered to the production plant. The project contemplates a number of investments in infrastructure, equipment, and machinery, as well as the restructuring of short-term financial liabilities and financing of working capital. Investments in fixed assets involve the following subprojects: (1) construction of a distribution center for finished product storage in Marilia; (2) setup of new equipment and improvements in the Marilia and Rolândia plants; (3) construction of a storage facility for raw materials in Rolândia; (4) construction of an effluent treatment plant in Rolândia. The IIC's role in the proposed operation is relevant because it will make it possible for Dori to expand its production and storage capacity, thus improving the company's programming and production efficiency and reducing lead times. Long-term financing will lead to the creation of 69 new direct jobs, as well as 250 indirect jobs. Dori manufactures all kinds of candies, chocolates and peanuts in different flavors, to meet domestic and international demand. The company's headquarters are in the city of Marilia, in the northeastern part of the state of São Paulo, and this is where the peanuts, chocolate, and gum candies are manufactured. There is a subsidiary plant in the city of Rolândia, state of Paraná, where the company produces a complete line of candies. In addition, the company has a peanut processing plant where peanuts are received as raw material, processed, and subsequently delivered to the production plant. The project contemplates a number of investments in infrastructure, equipment, and machinery, as well as the restructuring of short-term financial liabilities and financing of working capital. Investments in fixed assets involve the following subprojects: (1) construction of a distribution center for finished product storage in Marilia; (2) setup of new equipment and improvements in the Marilia and Rolândia plants; (3) construction of a storage facility for raw materials in Rolândia; (4) construction of an effluent treatment plant in Rolândia. The IIC's role in the proposed operation is relevant because it will make it possible for Dori to expand its production and storage capacity, thus improving the company's programming and production efficiency and reducing lead times. Long-term financing will lead to the creation of 69 new direct jobs, as well as 250 indirect jobs. IDB Invest Dori Indústria e Comércio de Produtos Alimentícios Ltda IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Manufacturing 6000000 6000000 6000000 Dori Indústria e Comércio de Produtos Alimentícios Ltda. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1017A-01 IDB Invest Cooperativa Vinícola Aurora Cooperativa Vinícola Aurora IDB Invest IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Agribusiness 6500000 6500000 6500000 Cooperativa Vinícola Aurora Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3711A-01 IDB Invest Fondo Nacional de Garantías S.A. (FNG) is a mixed-ownership company governed by Colombia's industry and trade regulations and majority controlled by the Colombian government. It is regulated by the Superintendencia Bancaria de Colombia, the nation's bank regulatory agency. FNG's mission is to facilitate access to financing for Colombian Micro and SMEs (small and medium–size enterprises) by providing partial credit guarantees. FNG is the only Colombian institution that provides credit guarantees to micro, small and medium-size companies. FNG works chiefly with clients of intermediary financial institutions participating in the automatic business guarantee program. FNG provides various credit guarantee lines: business, educational, low-cost housing, and institutional guarantees. Under the joint IIC/FNG partial credit guarantee program, the Corporation will guarantee 50% of an FNG guarantee portfolio under the program acceptable to the IIC. Guarantee coverage under the program is 50% of the loan amount, so the IIC and FNG will each guarantee 25% of the loan amount, and the financial intermediary granting the loan will assume exposure for the remaining 50%. The IIC and FNG will therefore share the risk associated with jointly guaranteed portfolios. The program's objective is to increase access to credit for small and medium-size enterprise in Colombia and encourage intermediary financial institutions to provide financing that will enable this important sector of Colombia's economy to meet its investment and working capital needs. It is estimated that 90% of Colombia's businesses are SMEs, generating between 60% and 70% of the nation’s jobs and some 40% of domestic production. Fondo Nacional de Garantías S.A. (FNG) is a mixed-ownership company governed by Colombia's industry and trade regulations and majority controlled by the Colombian government. It is regulated by the Superintendencia Bancaria de Colombia, the nation's bank regulatory agency. FNG's mission is to facilitate access to financing for Colombian Micro and SMEs (small and medium–size enterprises) by providing partial credit guarantees. FNG is the only Colombian institution that provides credit guarantees to micro, small and medium-size companies. FNG works chiefly with clients of intermediary financial institutions participating in the automatic business guarantee program. FNG provides various credit guarantee lines: business, educational, low-cost housing, and institutional guarantees. Under the joint IIC/FNG partial credit guarantee program, the Corporation will guarantee 50% of an FNG guarantee portfolio under the program acceptable to the IIC. Guarantee coverage under the program is 50% of the loan amount, so the IIC and FNG will each guarantee 25% of the loan amount, and the financial intermediary granting the loan will assume exposure for the remaining 50%. The IIC and FNG will therefore share the risk associated with jointly guaranteed portfolios. The program's objective is to increase access to credit for small and medium-size enterprise in Colombia and encourage intermediary financial institutions to provide financing that will enable this important sector of Colombia's economy to meet its investment and working capital needs. It is estimated that 90% of Colombia's businesses are SMEs, generating between 60% and 70% of the nation’s jobs and some 40% of domestic production. IDB Invest Fondo Nacional de Garantías S.A. (FNG) IDB Invest Perez Silva, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 10000000 10000000 10000000 Programa Garantias Parciales Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR2391A-02 IDB Invest SAMAN was founded in 1942 as a small rice mill for the local market. Today, SAMAN is Uruguay’s largest rice exporter. The company receives rice from over 200 independent growers for processing and selling, chiefly to the export market. SAMAN also provides technical advisory services to rice growers, sells them irrigation services, and finances agricultural supplies, fuel, and working capital. The loan will be used to bolster SAMAN’s financial structure after the significant investments it made in 2006 with its own funds. The purpose of these investments is to boost operating efficiency, final product quality, and the quality of service provided to growers. Through this project the Corporation will help strengthen SAMAN’s financial structure, enabling SAMAN to continue providing financial support, through working capital, to over 200 independent rice growers who work with the company. The proposed project is therefore in keeping with the financial support program for supply chains. SAMAN was founded in 1942 as a small rice mill for the local market. Today, SAMAN is Uruguay’s largest rice exporter. The company receives rice from over 200 independent growers for processing and selling, chiefly to the export market. SAMAN also provides technical advisory services to rice growers, sells them irrigation services, and finances agricultural supplies, fuel, and working capital. The loan will be used to bolster SAMAN’s financial structure after the significant investments it made in 2006 with its own funds. The purpose of these investments is to boost operating efficiency, final product quality, and the quality of service provided to growers. Through this project the Corporation will help strengthen SAMAN’s financial structure, enabling SAMAN to continue providing financial support, through working capital, to over 200 independent rice growers who work with the company. The proposed project is therefore in keeping with the financial support program for supply chains. IDB Invest Sociedad Anónima Molinos Arroceros Nacionales (SAMAN) IDB Invest Barsantini, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Agribusiness 2500000 2500000 2500000 Sociedad Anónima Molinos Arroceros Nacionales Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME0023A-01 IDB Invest Fondo de Optimización de Capitales Fondo de Optimización de Capitales IDB Invest IDB Invest Otarola, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 3010000 3010000 3010000 Fondo de Optimización de Capitales Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-JA3347A-01 IDB Invest BOS Blocks & Tiles, Ltd BOS Blocks & Tiles, Ltd IDB Invest IDB Invest Mayorga, Luisa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Transport 350000 350000 350000 BOS Blocks & Tiles, Ltd Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN3745A-01 IDB Invest The project consists of a five-year loan to Banco General for up to US$25 million. The proceeds will be used to finance housing for low- and medium-income individuals. Subloan beneficiaries must be Panamanian nationals residing in Panama and must live in the homes financed. The project consists of a five-year loan to Banco General for up to US$25 million. The proceeds will be used to finance housing for low- and medium-income individuals. Subloan beneficiaries must be Panamanian nationals residing in Panama and must live in the homes financed. IDB Invest Banco General IDB Invest Reyes, Sandra +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 25000000 25000000 25000000 Banco General Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1131A-03 IDB Invest Scope and Objective of the Project and IIC’s Participation: The project consists of an A Loan for US$10 million and a B Loan for US$25 million to Banco Industrial e Comercial S.A. The proceeds will be used to provide financing to eligible small and medium-size enterprises, mainly in the northeast, north and central west regions of Brazil, in the form of short- and medium-term loans for working capital or the acquisition of fixed assets. Scope and Objective of the Project and IIC’s Participation: The project consists of an A Loan for US$10 million and a B Loan for US$25 million to Banco Industrial e Comercial S.A. The proceeds will be used to provide financing to eligible small and medium-size enterprises, mainly in the northeast, north and central west regions of Brazil, in the form of short- and medium-term loans for working capital or the acquisition of fixed assets. IDB Invest Banco Industrial e Comercial S.A. (BICBANCO) IDB Invest Rincon, Margarita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 10000000 10000000 10000000 BicBanco Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO2350B-01 IDB Invest Leasing Bolívar S.A. Leasing Bolívar S.A. IDB Invest IDB Invest Bermudez, Tomas +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 9000000 9000000 9000000 Leasing Bolívar S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3760A-03 IDB Invest The project consists of a US$5 million, seven-year bullet subordinated loan to Banco de Guayaquil, S.A. The subordinated loan will be used as Tier II capital to strengthen the Bank’s capital base and support its growth by providing financing to small and medium-size Ecuadorian companies. The project consists of a US$5 million, seven-year bullet subordinated loan to Banco de Guayaquil, S.A. The subordinated loan will be used as Tier II capital to strengthen the Bank’s capital base and support its growth by providing financing to small and medium-size Ecuadorian companies. IDB Invest Banco de Guayaquil S.A. IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 2500000 2500000 2500000 Banco de Guayaquil Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN3746A-02 IDB Invest The project consists of a US$20 million loan to Banco Bilbao Vizcaya Argentaria Panamá S.A. The loan proceeds will be used to provide financing to eligible small and medium-size enterprises in Panama for general corporate purposes, including working capital and revolving credit facilities. Eligible enterprises shall not exceed US$10 million in assets or yearly revenue. The project consists of a US$20 million loan to Banco Bilbao Vizcaya Argentaria Panamá S.A. The loan proceeds will be used to provide financing to eligible small and medium-size enterprises in Panama for general corporate purposes, including working capital and revolving credit facilities. Eligible enterprises shall not exceed US$10 million in assets or yearly revenue. IDB Invest Banco Bilbao Vizcaya Argentaria Panamá S.A. IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 10000000 10000000 10000000 BBVA Panama Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3761A-01 IDB Invest The Project involves the design, construction and operation of a 28-million yard capacity state of the art denim manufacturing plant. This will be the first denim manufacturing plant in Central America and the largest industrial facility in Nicaragua. The plant project will generate more than 750 direct new jobs and a large number of indirect ones in Nicaragua. As part of the financial plan, the IIC will provide long-term financing, together with other financial institutions. Given the characteristics of the project, the IIC’s involvement may act as a catalyst in bringing similar industries to the region, which could be replicated in the future with new projects. The Project involves the design, construction and operation of a 28-million yard capacity state of the art denim manufacturing plant. This will be the first denim manufacturing plant in Central America and the largest industrial facility in Nicaragua. The plant project will generate more than 750 direct new jobs and a large number of indirect ones in Nicaragua. As part of the financial plan, the IIC will provide long-term financing, together with other financial institutions. Given the characteristics of the project, the IIC’s involvement may act as a catalyst in bringing similar industries to the region, which could be replicated in the future with new projects. IDB Invest International Textile Group, Inc. (ITG) IDB Invest Jiron, Johnny +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Manufacturing 15000000 15000000 15000000 Cone Denim de Nicaragua Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3874A-01 IDB Invest Genser Power Inc. 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 use natural gas or treated flare well gas for generating electricity. The purpose of the project is to finance the supply of gas-powered electricity by Genser Power Inc. Sucursal Ecuador to Petroamazonas EP (formerly Petroamazonas Ecuador S.A. – PAM), Ecuador’s state oil company. The project term will be three years, during which six GE Jenbacher 320 motor generators with nominal capacity of 1,059 kW will operate, for a minimum contracted capacity of 4 MW. The IIC loan, of up to US$2.5 million, will be used to refinance the earlier purchase and commissioning of six (6) GE Jenbacher 320 motor generators to guarantee available capacity of between 4 and 5 MW in the CPF field for Petroamazonas EP. Genser Power Inc. 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 use natural gas or treated flare well gas for generating electricity. The purpose of the project is to finance the supply of gas-powered electricity by Genser Power Inc. Sucursal Ecuador to Petroamazonas EP (formerly Petroamazonas Ecuador S.A. – PAM), Ecuador’s state oil company. The project term will be three years, during which six GE Jenbacher 320 motor generators with nominal capacity of 1,059 kW will operate, for a minimum contracted capacity of 4 MW. The IIC loan, of up to US$2.5 million, will be used to refinance the earlier purchase and commissioning of six (6) GE Jenbacher 320 motor generators to guarantee available capacity of between 4 and 5 MW in the CPF field for Petroamazonas EP. IDB Invest Genser Power Inc. Sucursal Ecuador IDB Invest Huertas-Corcelles, Aniceto +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Energy 2500000 2500000 2500000 Genser Power Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HA2749A-01 IDB Invest The proposed Haiti Social Investment Fund intends to increase loan availability and lower the cost of credit for SMEs (including microproducers) operating in Haiti. The Fund will complement and promote the activities of local financial institutions by providing them with low interest rate loans and guarantees to enable them to make accessible subloans to SMEs. The Fund’s estimated size is €51 million (approximately US$70 million) funded with reimbursable and non-reimbursable contributions from the Government of Spain (€50 million), and from the IIC (€1 million). Other contributors may enter the Fund in subsequent closings. The proposed contribution from the IIC would include a loan of €812,000. The IIC also intends to serve as fund manager and loan originator, only covering its costs, drawing on its skills and expertise in working with financial institutions and SMEs in Haiti and in the region. The Fund’s life would be 12 years. The subloans to SMEs would be primarily in the US$10,000 to US$150,000 range, and the volume of operations is expected to grow from a few dozen in the first years to several hundred after five years. The proposed Fund would help improve the financial infrastructure, environmental and labor conditions, and corporate governance in Haiti. As a complement to the Fund, the IDB intends to provide business development assistance to SMEs in Haiti. Over time this will help SMEs join the formal sector and improve their managerial and financial skills, as well as their labor, environmental and development practices. This public disclosure is also available in French The proposed Haiti Social Investment Fund intends to increase loan availability and lower the cost of credit for SMEs (including microproducers) operating in Haiti. The Fund will complement and promote the activities of local financial institutions by providing them with low interest rate loans and guarantees to enable them to make accessible subloans to SMEs. The Fund’s estimated size is €51 million (approximately US$70 million) funded with reimbursable and non-reimbursable contributions from the Government of Spain (€50 million), and from the IIC (€1 million). Other contributors may enter the Fund in subsequent closings. The proposed contribution from the IIC would include a loan of €812,000. The IIC also intends to serve as fund manager and loan originator, only covering its costs, drawing on its skills and expertise in working with financial institutions and SMEs in Haiti and in the region. The Fund’s life would be 12 years. The subloans to SMEs would be primarily in the US$10,000 to US$150,000 range, and the volume of operations is expected to grow from a few dozen in the first years to several hundred after five years. The proposed Fund would help improve the financial infrastructure, environmental and labor conditions, and corporate governance in Haiti. As a complement to the Fund, the IDB intends to provide business development assistance to SMEs in Haiti. Over time this will help SMEs join the formal sector and improve their managerial and financial skills, as well as their labor, environmental and development practices. This public disclosure is also available in French IDB Invest Haiti Social Investment Fund IDB Invest Joya Silva, Sindy Elena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Haiti Haiti Financial Institutions 1178290 1178290 1178290 Haiti Social Investment Fund Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3877A-01 IDB Invest Banco del Austro S.A. is a private bank headquartered in Cuenca, Ecuador, that provides a full line of financial services to its clients. Banco del Austro S.A. is part of Grupo Eljuri’s financial division. The purpose of the IIC project is to support the bank’s lending activities and partially fund the growth of its SME portfolio in Ecuador. The IIC’s US$2 million loan will enable Banco del Austro to expand its medium-term funding. Banco del Austro S.A. is a private bank headquartered in Cuenca, Ecuador, that provides a full line of financial services to its clients. Banco del Austro S.A. is part of Grupo Eljuri’s financial division. The purpose of the IIC project is to support the bank’s lending activities and partially fund the growth of its SME portfolio in Ecuador. The IIC’s US$2 million loan will enable Banco del Austro to expand its medium-term funding. IDB Invest Banco del Austro S.A. IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 2000000 2000000 2000000 Banco del Austro S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3869A-01 IDB Invest Patagoniafresh produces aromas and juice concentrates from apple, grape, berries, and other ingredients. The borrower is the leading exporter of non-citrus juice concentrates in the southern hemisphere and a strategic supplier of large markets seeking to reduce the risk of climate effects linked to the hemisphere. The juice concentrates are exported primarily to the United States, Canada, and Mexico. Patagoniafresh is controlled by Empresas Iansa S.A., a reputable Chilean agribusiness company. IIC financing will be provided in parallel with financing from other local banks. The proceeds will be used to refinance current short-term liabilities, finance working capital requirements, and make investments to improve the plant’s energy and production efficiency. Patagoniafresh produces aromas and juice concentrates from apple, grape, berries, and other ingredients. The borrower is the leading exporter of non-citrus juice concentrates in the southern hemisphere and a strategic supplier of large markets seeking to reduce the risk of climate effects linked to the hemisphere. The juice concentrates are exported primarily to the United States, Canada, and Mexico. Patagoniafresh is controlled by Empresas Iansa S.A., a reputable Chilean agribusiness company. IIC financing will be provided in parallel with financing from other local banks. The proceeds will be used to refinance current short-term liabilities, finance working capital requirements, and make investments to improve the plant’s energy and production efficiency. IDB Invest Patagoniafresh S.A. IDB Invest Orellana, Ana Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Manufacturing 2000000 2000000 2000000 Patagoniafresh Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME1132A-01 IDB Invest The project consists of a 7 year US$6 million loan to Grupo Calider, S.A. de C.V. This loan would be used to participate in the financing of the Company's expansion plans, and would include the purchase of additional equipment and machinery, limestone quarries, and storage and distribution centers. The project consists of a 7 year US$6 million loan to Grupo Calider, S.A. de C.V. This loan would be used to participate in the financing of the Company's expansion plans, and would include the purchase of additional equipment and machinery, limestone quarries, and storage and distribution centers. IDB Invest Grupo Calider, S.A. de C.V. IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 6000000 6000000 6000000 Grupo Calider, S. A. de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO2257A-01 IDB Invest Derivados de Madera Derivados de Madera IDB Invest IDB Invest Hernandez, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Agribusiness 1000000 1000000 1000000 Derivados de Madera Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR1029A-01 IDB Invest Hidroelectrica Platanar, S.A. Hidroelectrica Platanar, S.A. IDB Invest IDB Invest Otarola, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Energy 6000000 6000000 6000000 Hidroelectrica Platanar, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3160A-01 IDB Invest Funding from IIC will help Caja de Compensación Familiar de Antioquia (Comfama, a Colombian family social fund) meet the requirements of Law 789 enacted in 2002. The law requires that family social funds create more jobs by providing funding directly to small and medium-size companies. Comfama will use this line of credit to grant working capital loans for micro-enterprises and small and medium-size companies affiliated with Comfama. Funding from IIC will help Caja de Compensación Familiar de Antioquia (Comfama, a Colombian family social fund) meet the requirements of Law 789 enacted in 2002. The law requires that family social funds create more jobs by providing funding directly to small and medium-size companies. Comfama will use this line of credit to grant working capital loans for micro-enterprises and small and medium-size companies affiliated with Comfama. IDB Invest Caja de Compensación Familiar de Antioquia IDB Invest Bermudez, Tomas +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 3000000 3000000 3000000 Comfama Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR1052A-01 IDB Invest Tirley, S.A. Tirley, S.A. IDB Invest IDB Invest Barsantini, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Tourism 900000 900000 900000 Tirley, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI1035A-01 IDB Invest Project Description: The project consists of a senior loan of up to US$5,000,000 to Banco de la Exportación S.A. The senior loan will have a term of up to 7 years, including a grace period of up to 2 years. The funds of the senior loan will be used to provide medium and long-term financing to small and medium-size Nicaraguan companies operating in productive sectors of the economy. Project Description: The project consists of a senior loan of up to US$5,000,000 to Banco de la Exportación S.A. The senior loan will have a term of up to 7 years, including a grace period of up to 2 years. The funds of the senior loan will be used to provide medium and long-term financing to small and medium-size Nicaraguan companies operating in productive sectors of the economy. IDB Invest Banco de la Exportación S.A. IDB Invest Rincon, Margarita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Financial Institutions 5000000 5000000 5000000 Banco Uno Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR1001B-01 IDB Invest Banco Interfin Banco Interfin IDB Invest IDB Invest Rincon, Margarita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 6000000 6000000 6000000 Banco Interfin Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1100A-01 IDB Invest Banco Del Nuevo Mundo Banco Del Nuevo Mundo IDB Invest IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 10000000 10000000 10000000 Banco Del Nuevo Mundo Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO1055A-01 IDB Invest BISA Leasing S . A BISA Leasing S . A IDB Invest IDB Invest Rincon, Margarita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Financial Institutions 4000000 4000000 4000000 BISA Leasing S . A Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO1077A-01 IDB Invest Leasing Bolivar S.A. C.F.C. Leasing Bolivar S.A. C.F.C. IDB Invest IDB Invest Echeverri, Ana Rosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 6000000 6000000 6000000 Leasing Bolivar S.A. C.F.C. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC1038A-01 IDB Invest Aquamar is a corporation whose line of business has always been that of aquaculture and, originally, that of shrimp farming. In 1998, Aquamar adapted its facilities to farm tilapia in order to export fresh and frozen tilapia to the U.S., quickly becoming a leader in this sector. The market's rapid growth and the technological and space limitations of Aquamar's existing processing plant have made it necessary to build a new processing plant. The new plant, currently under construction near Guayaquil, will make it possible to have more efficient processing operations and to obtain higher value added products, with the resulting increase in earnings. Currently, only 30% of tilapia is used for fillet production, while the remaining 70% is sold to produce fishmeal at a very low margin. The new plant will make it possible to use part of this 70% to make shaped and breaded products (a new product line), which command higher sales margins. Aquamar is a corporation whose line of business has always been that of aquaculture and, originally, that of shrimp farming. In 1998, Aquamar adapted its facilities to farm tilapia in order to export fresh and frozen tilapia to the U.S., quickly becoming a leader in this sector. The market's rapid growth and the technological and space limitations of Aquamar's existing processing plant have made it necessary to build a new processing plant. The new plant, currently under construction near Guayaquil, will make it possible to have more efficient processing operations and to obtain higher value added products, with the resulting increase in earnings. Currently, only 30% of tilapia is used for fillet production, while the remaining 70% is sold to produce fishmeal at a very low margin. The new plant will make it possible to use part of this 70% to make shaped and breaded products (a new product line), which command higher sales margins. IDB Invest Aquamar S. A. IDB Invest Perez Silva, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Agribusiness 5000000 5000000 5000000 Aquamar Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME1125A-01 IDB Invest Fondo de Optimización de Capitales, S.A. II Fondo de Optimización de Capitales, S.A. II IDB Invest IDB Invest Pereira, Juan Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 8000000 8000000 8000000 Fondo de Optimización de Capitales, S.A. II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI1033A-01 IDB Invest Financiera Delta- Nicaragua Financiera Delta- Nicaragua IDB Invest IDB Invest Pereira, Juan Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Financial Institutions 4000000 4000000 4000000 Financiera Delta- Nicaragua Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR1010A-01 IDB Invest Puerto Ramallo Puerto Ramallo IDB Invest IDB Invest Trujillo, Roldan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Transport 7000000 7000000 7000000 Puerto Ramallo Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1094A-01 IDB Invest Empresa Electrica de Piura Empresa Electrica de Piura IDB Invest IDB Invest Oradei-Bayz, Laura +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Energy 10000000 10000000 10000000 Empresa Electrica de Piura Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1015A-01 IDB Invest Banco Santander Perú Banco Santander Perú IDB Invest IDB Invest Ordonez, Rigoberto +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 8000000 8000000 8000000 Banco Santander Perú Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES1006A-01 IDB Invest Sigma, S.A. Sigma, S.A. IDB Invest IDB Invest Otarola, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Manufacturing 4000000 4000000 4000000 Sigma, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR3373A-01 IDB Invest ABN-AMRO Brazil Credit Line ABN-AMRO Brazil Credit Line IDB Invest IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 15000000 15000000 15000000 ABN-AMRO Brazil Credit Line Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3604A-01 IDB Invest The purpose of the project is to increase the capacity of the company’s disposable product line and expand and upgrade its flexible packaging line. The project also includes refinancing medium-term debt. The proposed financing will support an established company that is a leader in the plastics industry. Plastlit is relevant for Ecuador because it supplies companies in several sectors of the economy (such as agriculture, food, cleaning products, and personal hygiene products) and also sells directly to consumers. The purpose of the project is to increase the capacity of the company’s disposable product line and expand and upgrade its flexible packaging line. The project also includes refinancing medium-term debt. The proposed financing will support an established company that is a leader in the plastics industry. Plastlit is relevant for Ecuador because it supplies companies in several sectors of the economy (such as agriculture, food, cleaning products, and personal hygiene products) and also sells directly to consumers. IDB Invest Plásticos del Litoral Plastlit S.A. IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Social Infrastructure 3500000 3500000 3500000 Plasticos del Litoral Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME1164A-01 IDB Invest The Program will support milk-producing livestock purchases and equipment needs of SFEs that currently supply milk to Nestlé in Mexico. The initial size of the Pilot Program will be up to US$10 million. It is anticipated that through the Program, financing will be provided to about 300 to 600 small milk enterprises operating throughout Mexico. The Program will support milk-producing livestock purchases and equipment needs of SFEs that currently supply milk to Nestlé in Mexico. The initial size of the Pilot Program will be up to US$10 million. It is anticipated that through the Program, financing will be provided to about 300 to 600 small milk enterprises operating throughout Mexico. IDB Invest Nestle, S.A. de C.V. IDB Invest Arizu, Sotero +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 10000000 10000000 10000000 Nestle Agricultural Supply-Chain Financing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR1132A-01 IDB Invest Hidronihuil, S.A. Hidronihuil, S.A. IDB Invest IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Energy 10000000 10000000 10000000 Hidronihuil, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME1015B-01 IDB Invest Christianson II Christianson II IDB Invest IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Social Infrastructure 1500000 1500000 1500000 Christianson II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3769A-01 IDB Invest The proposed line of credit is for a loan in nuevos soles in the amount of up to the equivalent of a US$7 million to Mibanco Banco de la Microempresa S.A. The proceeds will be used to provide financing to small and medium-size Peruvian companies, for working capital or to finance equipment, machinery or other fixed asset purchases. The proposed line of credit is for a loan in nuevos soles in the amount of up to the equivalent of a US$7 million to Mibanco Banco de la Microempresa S.A. The proceeds will be used to provide financing to small and medium-size Peruvian companies, for working capital or to finance equipment, machinery or other fixed asset purchases. IDB Invest Mibanco Banco de la Microempresa S.A. IDB Invest Savastano, Ana Cecilia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 7000000 7000000 7000000 Mibanco Banco de la Microempresa S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1089A-02 IDB Invest The project consists of extending an "A" Loan of US$4.0 million and a "B" Loan of US$4.5 million for eight years, with a one-year grace period, to finance the investment program of Agroindustrias San Jacinto and term out the short-term debt the company incurred to finance infrastructure investments, increase and diversify its sources of water, and generate its own power. The company has been investing in ways to take and use water from the Chinecas channel, drilling twenty-five new irrigation wells, building the Motocachi reservoir (capacity: 5.5 million cubic meters), and purchasing farm machinery. It has also built repumping stations, a cooling water well for the factory, and recreational facilities for the its workers, and has carried out wellness campaigns for the residents of the village of San Jacinto. These investments have given Agroindustrias San Jacinto access to diversified sources of water, minimized its risk in times of drought, stabilized the sugar content obtained from the harvests, and provided a cushion against fluctuations in oil and gas prices. With this loan, the IIC will be contributing to Agroindustrias San Jacinto’s financial stability and helping protect the jobs the company generates and the significant social impact it has on the village of San Jacinto and the surrounding areas. Agroindustrias San Jacinto is the main employer in the area and makes a notable contribution to the social development of the local community and other villages nearby. Its activities include providing education, professional and technical training, scholarships for students, wellness campaigns, family recreation programs, and the restoration of archaeological monuments in the San Jacinto area. The company has set up a good corporate governance committee to improve communication among its affiliates, and its reforestation and environmental protection programs have a positive environmental impact. The project consists of extending an "A" Loan of US$4.0 million and a "B" Loan of US$4.5 million for eight years, with a one-year grace period, to finance the investment program of Agroindustrias San Jacinto and term out the short-term debt the company incurred to finance infrastructure investments, increase and diversify its sources of water, and generate its own power. The company has been investing in ways to take and use water from the Chinecas channel, drilling twenty-five new irrigation wells, building the Motocachi reservoir (capacity: 5.5 million cubic meters), and purchasing farm machinery. It has also built repumping stations, a cooling water well for the factory, and recreational facilities for the its workers, and has carried out wellness campaigns for the residents of the village of San Jacinto. These investments have given Agroindustrias San Jacinto access to diversified sources of water, minimized its risk in times of drought, stabilized the sugar content obtained from the harvests, and provided a cushion against fluctuations in oil and gas prices. With this loan, the IIC will be contributing to Agroindustrias San Jacinto’s financial stability and helping protect the jobs the company generates and the significant social impact it has on the village of San Jacinto and the surrounding areas. Agroindustrias San Jacinto is the main employer in the area and makes a notable contribution to the social development of the local community and other villages nearby. Its activities include providing education, professional and technical training, scholarships for students, wellness campaigns, family recreation programs, and the restoration of archaeological monuments in the San Jacinto area. The company has set up a good corporate governance committee to improve communication among its affiliates, and its reforestation and environmental protection programs have a positive environmental impact. IDB Invest Agroindustrias San Jacinto S.A.A. IDB Invest Ciurlizza, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Agribusiness 4000000 4000000 4000000 San Jacinto II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3874A-02 IDB Invest Grupo Supermercados Wong Grupo Supermercados Wong IDB Invest IDB Invest De Narvaez, Olga Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Manufacturing 5000000 5000000 5000000 Grupo Supermercados Wong Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3899A-01 IDB Invest Patitos Patitos IDB Invest IDB Invest Fonseca, Juan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Manufacturing 600000 600000 600000 Patitos Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HA2732A-02 IDB Invest The Distributeurs Nationaux S.A. ("Dinasa") project consists of acquiring the assets and liabilities of Chevron Haiti Inc. through an acquisition of 100% of the shares of the latter. GB Group has requested that the Inter-American Investment Corporation (IIC) arrange an eight-year term loan comprising an A tranche and a B tranche in order to proceed with this transaction. GB Group and Unifinance from Haiti are shareholders of Distributeurs Nationaux S.A. Dinasa will consolidate Chevron Haiti Inc. The proposed transaction consists of a loan of up to US$18,000,000. The GB Group is an industrial and commercial conglomerate with interests in steel, food, and energy in Haiti where it has operated in Haiti since the 1980s. Unifinance S.A. is a wholly-owned subsidiary of UNIBANK S.A., the largest commercial bank in Haiti. It provides investment and merchang banking services to Haitian and foreign clients in corporate finance, commercial paper and securities issuance. It is part of Groupe Financier National, a diversified financial group of eleven (11) companies. Dinasa is a corporation organized under the laws of Haiti that imports, stores, processes, and sells hydrocarbons and derivatives of petroleum products. Dinasa plans to make Chevron Haiti Inc. a fully local company. Chevron Haiti Inc. is currently a British Virgin Island corporation. With this operation, the IIC will be supporting the consolidation of the only local group in the energy market in Haiti by providing the long-term financing (up to eight years) that such projects usually require. The company plans to implement an environmental and social action plan to improve the conditions of the sector in Haiti and also expects to improve the access of the domestic population to LPG to provide a substitute for charcoal. The IIC will provide guidance on best practices regarding environmental and occupational health and safety issues. The IIC has obtained technical assistance resources from the Korea-IIC SME Development Trust Fund for phase one, which involves carrying out the environmental and social due diligence review of Dinasa and Chevron facilities. Dinasa has also engaged international consultants to support the environmental due diligence process. The Distributeurs Nationaux S.A. ("Dinasa") project consists of acquiring the assets and liabilities of Chevron Haiti Inc. through an acquisition of 100% of the shares of the latter. GB Group has requested that the Inter-American Investment Corporation (IIC) arrange an eight-year term loan comprising an A tranche and a B tranche in order to proceed with this transaction. GB Group and Unifinance from Haiti are shareholders of Distributeurs Nationaux S.A. Dinasa will consolidate Chevron Haiti Inc. The proposed transaction consists of a loan of up to US$18,000,000. The GB Group is an industrial and commercial conglomerate with interests in steel, food, and energy in Haiti where it has operated in Haiti since the 1980s. Unifinance S.A. is a wholly-owned subsidiary of UNIBANK S.A., the largest commercial bank in Haiti. It provides investment and merchang banking services to Haitian and foreign clients in corporate finance, commercial paper and securities issuance. It is part of Groupe Financier National, a diversified financial group of eleven (11) companies. Dinasa is a corporation organized under the laws of Haiti that imports, stores, processes, and sells hydrocarbons and derivatives of petroleum products. Dinasa plans to make Chevron Haiti Inc. a fully local company. Chevron Haiti Inc. is currently a British Virgin Island corporation. With this operation, the IIC will be supporting the consolidation of the only local group in the energy market in Haiti by providing the long-term financing (up to eight years) that such projects usually require. The company plans to implement an environmental and social action plan to improve the conditions of the sector in Haiti and also expects to improve the access of the domestic population to LPG to provide a substitute for charcoal. The IIC will provide guidance on best practices regarding environmental and occupational health and safety issues. The IIC has obtained technical assistance resources from the Korea-IIC SME Development Trust Fund for phase one, which involves carrying out the environmental and social due diligence review of Dinasa and Chevron facilities. Dinasa has also engaged international consultants to support the environmental due diligence process. IDB Invest GB Group S.A. IDB Invest Ciurlizza, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Haiti Haiti Energy 10000000 10000000 10000000 Distributeurs Nationaux S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN3764A-01 IDB Invest The project consists of a loan to HSBC Bank Panamá S.A. for up to US$40 million. The purpose of the financing is to support Panamanian SMEs through financial leasing and factoring operations, working capital loans, and loans for purchasing fixed assets. The project consists of a loan to HSBC Bank Panamá S.A. for up to US$40 million. The purpose of the financing is to support Panamanian SMEs through financial leasing and factoring operations, working capital loans, and loans for purchasing fixed assets. IDB Invest HSBC Bank Panamá S.A. IDB Invest Reyes, Sandra +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 40000000 40000000 40000000 HSBC Bank Panamá Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH1028A-01 IDB Invest Tripesca, S.A. Tripesca, S.A. IDB Invest IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Agribusiness 7000000 7000000 7000000 Tripesca, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH1053A-01 IDB Invest Midway Investment Fund Midway Investment Fund IDB Invest IDB Invest Moscoso, Victor Hugo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 4500000 4500000 4500000 Midway Investment Fund Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3802A-01 IDB Invest Hipotecaria Vértice S.A. de C.V. Sofom E.N.R. (Hipotecaria Vértice) is a Mexican company that finances real estate projects and residential mortgages, seeking to help increase its clients’ assets. The purpose of this IIC project is to support lending and fund the growth of the portfolio of loans to housing developers, especially those that are environmentally friendly. With this loan of 50 millon Mexican pesos, the IIC would be helping Hipotecaria Vértice diversify its sources of funding. Hipotecaria Vértice S.A. de C.V. Sofom E.N.R. (Hipotecaria Vértice) is a Mexican company that finances real estate projects and residential mortgages, seeking to help increase its clients’ assets. The purpose of this IIC project is to support lending and fund the growth of the portfolio of loans to housing developers, especially those that are environmentally friendly. With this loan of 50 millon Mexican pesos, the IIC would be helping Hipotecaria Vértice diversify its sources of funding. IDB Invest Hipotecaria Vértice S.A. de C.V. Sofom E.N.R. IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 4800000 4800000 4800000 Hipotecaria Vertice S.A. de CV Sofol Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN3758A-01 IDB Invest Banco Aliado, S.A. is wholly-owned by Panamanian investors. The project consists of a US$10 million, three-year loan for providing financing to small and medium-size enterprises. The loan proceeds will be used to provide such companies with financing for working capital or the purchase of fixed assets and machinery. The beneficiary companies shall not exceed US$10 million in assets or revenue. Banco Aliado, S.A. is wholly-owned by Panamanian investors. The project consists of a US$10 million, three-year loan for providing financing to small and medium-size enterprises. The loan proceeds will be used to provide such companies with financing for working capital or the purchase of fixed assets and machinery. The beneficiary companies shall not exceed US$10 million in assets or revenue. IDB Invest Banco Aliado, S.A. IDB Invest Beckham, John +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 10000000 10000000 10000000 Banco Aliado Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3907A-01 IDB Invest Compañías Asociadas Petroleras S.A. (CAPSA) was established in 1977 and is engaged in the exploration, exploitation, development, and production of oil and gas it obtains from its own oil fields located in the Comodoro Rivadavia region, close to San Jorge bay in Chubut. CAPSA produces 10,500 bbl/day and has broad experience in developing mature oil fields. Its first acquisition was the Diadema field. This field represents 90% of CAPSA’s reserves and production. CAPSA now operates 7 oil fields and has 65.7 million barrels of proven reserves. Currently, 80% of daily petroleum production comes from wells using secondary recovery techniques. Encouraging results from these projects led the company to continue investing in this line. CAPSA has demonstrated capability and knowledge in the use of secondary recovery techniques. In September 2007, CAPSA began a pilot polymer injection project in 5 injection wells and a response was obtained in 16 productive wells. Good results from this pilot assisted recovery project encourages CAPSA to continue the expansion of this project. CAPSA’s investment plan provides for the following components: (a) expansion of the pilot assisted recovery project by increasing the polymer injection wells from 5 to 10 and drilling 10 new intermediate wells (in fill wells) to be located within the project area, for a total cost of US$35.4 million, and (b) drilling of 20 advanced/step-out wells where proven reserves are found, for a cost of US$19.1 million. In addition, and in order to have more funds available for executing the investment plan, CAPSA will refinance a loan granted by Deutsche Bank for US$17.5 million, coming due between 2010 and 2011. To develop part of its investment plan, CAPSA has sought financing from the IIC for US$8 million. Compañías Asociadas Petroleras S.A. (CAPSA) was established in 1977 and is engaged in the exploration, exploitation, development, and production of oil and gas it obtains from its own oil fields located in the Comodoro Rivadavia region, close to San Jorge bay in Chubut. CAPSA produces 10,500 bbl/day and has broad experience in developing mature oil fields. Its first acquisition was the Diadema field. This field represents 90% of CAPSA’s reserves and production. CAPSA now operates 7 oil fields and has 65.7 million barrels of proven reserves. Currently, 80% of daily petroleum production comes from wells using secondary recovery techniques. Encouraging results from these projects led the company to continue investing in this line. CAPSA has demonstrated capability and knowledge in the use of secondary recovery techniques. In September 2007, CAPSA began a pilot polymer injection project in 5 injection wells and a response was obtained in 16 productive wells. Good results from this pilot assisted recovery project encourages CAPSA to continue the expansion of this project. CAPSA’s investment plan provides for the following components: (a) expansion of the pilot assisted recovery project by increasing the polymer injection wells from 5 to 10 and drilling 10 new intermediate wells (in fill wells) to be located within the project area, for a total cost of US$35.4 million, and (b) drilling of 20 advanced/step-out wells where proven reserves are found, for a cost of US$19.1 million. In addition, and in order to have more funds available for executing the investment plan, CAPSA will refinance a loan granted by Deutsche Bank for US$17.5 million, coming due between 2010 and 2011. To develop part of its investment plan, CAPSA has sought financing from the IIC for US$8 million. IDB Invest Compañías Asociadas Petroleras S.A. IDB Invest Orellana, Ana Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Energy 8000000 8000000 8000000 Compañías Asociadas Petroleras S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3949A-01 IDB Invest The purpose of this IIC operation is to provide Banco HSBC Costa Rica with financing to support small and medium-size enterprises in Costa Rica through medium- and long-term loans for their modernization and/or expansion, or through short-term working capital loans, pursuant to eligibility requirements to be established by the IIC. Banco HSBC Costa Rica was established in the early 1980s under the name of Banex. From its founding up to the present day, partnerships, mergers, and operations have helped consolidate the bank’s market position and standing. The purpose of this IIC operation is to provide Banco HSBC Costa Rica with financing to support small and medium-size enterprises in Costa Rica through medium- and long-term loans for their modernization and/or expansion, or through short-term working capital loans, pursuant to eligibility requirements to be established by the IIC. Banco HSBC Costa Rica was established in the early 1980s under the name of Banex. From its founding up to the present day, partnerships, mergers, and operations have helped consolidate the bank’s market position and standing. IDB Invest Banco HSBC Costa Rica IDB Invest Reyes, Sandra +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 15000000 15000000 15000000 HSBC Costa Rica Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR1073B-01 IDB Invest Banco Improsa - Garantia Banco Improsa - Garantia IDB Invest IDB Invest Savastano, Ana Cecilia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 3000000 3000000 3000000 Banco Improsa - Garantia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-JA0003A-01 IDB Invest Trafalgar Development Bank Trafalgar Development Bank IDB Invest IDB Invest Fortin, Luis +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Financial Institutions 3000000 3000000 3000000 Trafalgar Development Bank Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES3332A-01 IDB Invest Banco Uno El Salvador Banco Uno El Salvador IDB Invest IDB Invest Savastano, Ana Cecilia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions 10000000 10000000 10000000 Banco Uno El Salvador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES3361A-01 IDB Invest Contelmed Contelmed IDB Invest IDB Invest Jiron, Johnny +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Digital Economy 185000 185000 185000 Contelmed Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3876A-01 IDB Invest The project consists of a US$5 million, five-year loan for providing financing to small and medium-size enterprises in Argentina. It will have an eighteen-month grace period and will be payable in fifteen quarterly installments. The loan proceeds will be used to provide small and medium-size Argentine companies with financing for working capital or the purchase of fixed assets and machinery originating in IIC member countries. The beneficiary companies shall not exceed US$20 million in assets or revenue. The project consists of a US$5 million, five-year loan for providing financing to small and medium-size enterprises in Argentina. It will have an eighteen-month grace period and will be payable in fifteen quarterly installments. The loan proceeds will be used to provide small and medium-size Argentine companies with financing for working capital or the purchase of fixed assets and machinery originating in IIC member countries. The beneficiary companies shall not exceed US$20 million in assets or revenue. IDB Invest Banco Patagonia S.A. IDB Invest Corredera Silvan, Martin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions 5000000 5000000 5000000 Banco Patagonia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES3370A-01 IDB Invest Banco Multisectorial de Inversiones (BMI) is a bank owned by the Government of El Salvador. Its primary objective is to provide credit to financial institutions in El Salvador. The purpose of the IIC project is to complement an Inter-American Development Bank operation (ES-L-1011), (please see http://www.iadb.org/projects/Project.cfm?project=ES-L1011&Language=English) that seeks to support BMI’s programs for lending to eligible financial institutions in El Salvador that will onlend the funds for the purchase of low- and middle-income housing and to small, medium, and microfinance enterprises. Banco Multisectorial de Inversiones (BMI) is a bank owned by the Government of El Salvador. Its primary objective is to provide credit to financial institutions in El Salvador. The purpose of the IIC project is to complement an Inter-American Development Bank operation (ES-L-1011), (please see http://www.iadb.org/projects/Project.cfm?project=ES-L1011&Language=English) that seeks to support BMI’s programs for lending to eligible financial institutions in El Salvador that will onlend the funds for the purchase of low- and middle-income housing and to small, medium, and microfinance enterprises. IDB Invest Banco Multisectorial de Inversiones IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions 10000000 10000000 10000000 Banco Multisectorial de Inversiones Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR3731A-02 IDB Invest The proposed project is for a loan for up to US$1 million. The loan proceeds will be used to provide financing to small and medium-size Paraguayan companies. The proposed project is for a loan for up to US$1 million. The loan proceeds will be used to provide financing to small and medium-size Paraguayan companies. IDB Invest Financiera El Comercio S.A.E.C.A. IDB Invest Acuña Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 1000000 1000000 1000000 Financiera El Comercio Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3879A-01 IDB Invest Operadora de Servicios Mega S.A. de C.V. SOFOM E.N.R. Operadora de Servicios Mega S.A. de C.V. SOFOM E.N.R. IDB Invest IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 3000000 3000000 3000000 Operadora de Servicios Mega S.A. de C.V. SOFOM E.N.R. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HA2750A-01 IDB Invest DKDR DKDR IDB Invest IDB Invest Secco Viana, Juan Cruz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Haiti Haiti Manufacturing 360000 360000 360000 DKDR Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-JA3349A-01 IDB Invest Horace Holdings, Ltd. Horace Holdings, Ltd. IDB Invest IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Manufacturing 170000 170000 170000 Horace Holdings, Ltd. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC1033A-01 IDB Invest Project Description: The proposed US$37 million aquaculture project consists of (i) an expansion of El Rosario ("ERSA" or "the Company") shrimp farm operation from 3,796 net hectares (ha) to 4,196 net ha of grow-out and nursery ponds in response to the growing demand for aquaculture products; (ii) the provision of a bio-security program to the Company to better address disease risk and increase overall productivity; and (iii) improve production efficiency and achieve environmental upgrades in ERSA's processing plants. The project is timely for its contribution to a leading operator in a key export sector (foreign revenues of US$900 million FOB-based in 1998). The expansion will allow ERSA to (i) increase reliance on its own raw shrimp supply; (ii) improve survival rates and achieve better quality control; and (iii) take advantage of economies of scale and vertical integration in the current business chain/structure by increasing capacity utilization of its hatcheries and processing and feedmill plants. The biosecurity component will allow the Company to (i) develop a breed for disease resistance in the larval rearing facilities; (ii) screen diseases with Polymerase Chain Reaction (PCR) technology; and (iii) rehabilitate ponds thanks to the improvement of water quality through chlorination and recirculation. IIC will be assisting pioneering sponsors who have demonstrated resilience and a capacity to adapt to emerging problems and issues in the shrimp industry. The project's environmental upgrades and bio-security component will (i) have a demonstration effect on the overall direction of traditional shrimp farming in Ecuador and other Latin American countries on the Pacific coast; and (ii) complement sponsor's initiative in widening and disseminating a stock-resistant breed program as a key element in the strategic defense against shrimp viral disease. Project Description: The proposed US$37 million aquaculture project consists of (i) an expansion of El Rosario ("ERSA" or "the Company") shrimp farm operation from 3,796 net hectares (ha) to 4,196 net ha of grow-out and nursery ponds in response to the growing demand for aquaculture products; (ii) the provision of a bio-security program to the Company to better address disease risk and increase overall productivity; and (iii) improve production efficiency and achieve environmental upgrades in ERSA's processing plants. The project is timely for its contribution to a leading operator in a key export sector (foreign revenues of US$900 million FOB-based in 1998). The expansion will allow ERSA to (i) increase reliance on its own raw shrimp supply; (ii) improve survival rates and achieve better quality control; and (iii) take advantage of economies of scale and vertical integration in the current business chain/structure by increasing capacity utilization of its hatcheries and processing and feedmill plants. The biosecurity component will allow the Company to (i) develop a breed for disease resistance in the larval rearing facilities; (ii) screen diseases with Polymerase Chain Reaction (PCR) technology; and (iii) rehabilitate ponds thanks to the improvement of water quality through chlorination and recirculation. IIC will be assisting pioneering sponsors who have demonstrated resilience and a capacity to adapt to emerging problems and issues in the shrimp industry. The project's environmental upgrades and bio-security component will (i) have a demonstration effect on the overall direction of traditional shrimp farming in Ecuador and other Latin American countries on the Pacific coast; and (ii) complement sponsor's initiative in widening and disseminating a stock-resistant breed program as a key element in the strategic defense against shrimp viral disease. IDB Invest El Rosario S.A./Camarones Humboldt Panama S. A. IDB Invest Arizu, Sotero +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Agribusiness 8000000 8000000 8000000 El Rosario S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1114A-01 IDB Invest The project consists of a 15.4 MW hydroelectric plant, the Poechos Hydroelectric Project, to be constructed on the toe of the Poechos irrigation dam located in the district of Piura that is in the northern Peruvian province of Sullana approximately 30 km from the border with Ecuador. The project will obtain 45m3/s of water from the 930,000 million-m3 Poechos dam that was completed in 1979 to provide irrigation for 110,000 ha in the Chira and Piura valleys. The project will rely on flows of water dictated by irrigation demands and as such is expected to generate about 70GWh of electrical energy per year. The power plant project will consist of the following components: a steel penstock connected to an existing steel discharge pipe at the base of the dam, a powerhouse equipped with two Kaplan turbines which drive two 9.5 MVA generators, a switchyard located near to the powerhouse, and a 35 km long overhead transmission line from the switchyard to the Sullana substation of the national electrical grid. After exiting the generators the water will be discharged into the pre-project, energy dissipater of the Poechos dam and fed into the irrigation system. The energy to be produced by the Poechos Hydroelectric Project will be sold to Electronoroeste, S.A., the concessionary for energy distribution in northwestern Perú, under a Power Purchase Agreement. The total cost of the project is nearly US$16.3 million, of which the IIC will provide US$8,5 million under an A and B loan structure. The project consists of a 15.4 MW hydroelectric plant, the Poechos Hydroelectric Project, to be constructed on the toe of the Poechos irrigation dam located in the district of Piura that is in the northern Peruvian province of Sullana approximately 30 km from the border with Ecuador. The project will obtain 45m3/s of water from the 930,000 million-m3 Poechos dam that was completed in 1979 to provide irrigation for 110,000 ha in the Chira and Piura valleys. The project will rely on flows of water dictated by irrigation demands and as such is expected to generate about 70GWh of electrical energy per year. The power plant project will consist of the following components: a steel penstock connected to an existing steel discharge pipe at the base of the dam, a powerhouse equipped with two Kaplan turbines which drive two 9.5 MVA generators, a switchyard located near to the powerhouse, and a 35 km long overhead transmission line from the switchyard to the Sullana substation of the national electrical grid. After exiting the generators the water will be discharged into the pre-project, energy dissipater of the Poechos dam and fed into the irrigation system. The energy to be produced by the Poechos Hydroelectric Project will be sold to Electronoroeste, S.A., the concessionary for energy distribution in northwestern Perú, under a Power Purchase Agreement. The total cost of the project is nearly US$16.3 million, of which the IIC will provide US$8,5 million under an A and B loan structure. IDB Invest Sindicato Energético, S.A. IDB Invest Perez Silva, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Energy 6000000 6000000 6000000 Sindicato Energetico, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1109A-02 IDB Invest Banco Interamericano de Finanzas III Banco Interamericano de Finanzas III IDB Invest IDB Invest Bettiol, Rita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 5000000 5000000 5000000 Banco Interamericano de Finanzas III Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO1052A-01 IDB Invest Corporación Financiera de Occidente Corporación Financiera de Occidente IDB Invest IDB Invest Zuluaga, Juan Eduardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 3000000 3000000 3000000 Corporación Financiera de Occidente Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3800A-01 IDB Invest Procesadora de Madera, S.A. Procesadora de Madera, S.A. IDB Invest IDB Invest Jiron, Johnny +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Agribusiness 125000 125000 125000 Procesadora de Madera, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR3727A-01 IDB Invest The objective of this program is to finance eligible projects via loans to eligible enterprises in Brazil, that meet IIC and BPN Brasil’s loan eligibility criteria and environmental and labor requirements. These small and medium-size enterprises (SMEs) in Brazil require either medium or long-term financing in order to carry out their operations. Financing with 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 Brazil, that meet IIC and BPN Brasil’s loan eligibility criteria and environmental and labor requirements. These small and medium-size enterprises (SMEs) in Brazil require either medium or long-term financing in order to carry out their operations. Financing with 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. IDB Invest BPN Brasil Banco Múltiplo S.A. IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 5000000 5000000 5000000 BPN Brasil Banco Multiplo S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3742A-02 IDB Invest Banco BICE II Banco BICE II IDB Invest IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 20000000 20000000 20000000 Banco BICE II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3821A-01 IDB Invest Grupo Finterra S.A. de CV de SOFOL Grupo Finterra S.A. de CV de SOFOL IDB Invest IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 3000000 3000000 3000000 Grupo Finterra S.A. de CV de SOFOL Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR1137A-02 IDB Invest The proposed IIC loan will be used as financing for purchasing Caterpillar equipment in order to substitute an older one. With this project, the Corporation will be contributing to the sustainability of one of the more important players in Argentina's waste management sector. The proposed IIC loan will be used as financing for purchasing Caterpillar equipment in order to substitute an older one. With this project, the Corporation will be contributing to the sustainability of one of the more important players in Argentina's waste management sector. IDB Invest Desler S.A. IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Manufacturing 200000 200000 200000 Desler S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR3912A-01 IDB Invest 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. IDB Invest BBVA Paraguay IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 12000000 12000000 12000000 BBVA Paraguay Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR3726A-01 IDB Invest Banco Itaú S.A. Banco Itaú S.A. IDB Invest IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 15000000 15000000 15000000 Banco Itaú S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3881A-01 IDB Invest BGH is an Argentine-owned company that produces, imports, exports, and markets products and services in the areas of appliances and other consumer durables, telecommunications, technology, and computers. The IIC will be providing BGH with financial support in the form of a US$7 million loan for rebuilding the production plant that BGH had in Río Grande, Tierra del Fuego province (the plant burned down in July 2007). Part of the funds will also be used to build a new distribution center in Spegazzini in Buenos Aires province. The distribution center will house computer assembly and appliance and cell phone after-sales service operations. BGH is an Argentine-owned company that produces, imports, exports, and markets products and services in the areas of appliances and other consumer durables, telecommunications, technology, and computers. The IIC will be providing BGH with financial support in the form of a US$7 million loan for rebuilding the production plant that BGH had in Río Grande, Tierra del Fuego province (the plant burned down in July 2007). Part of the funds will also be used to build a new distribution center in Spegazzini in Buenos Aires province. The distribution center will house computer assembly and appliance and cell phone after-sales service operations. IDB Invest BGH S.A. IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Manufacturing 5000000 5000000 5000000 BGH Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR3632A-01 IDB Invest Wind Telecom, S.A. (the "Company" or "Wind") provides television and telecommunications services in the Dominican Republic. The range of services provided include pay TV, Internet access, voice, data center, and connectivity and interconnection through wireless transmission systems (MMDS, WiMAX, and point-to-point access through microwaves) and fiber optics. Wind was awarded a national concession and license to operate the 2.5 GHz to 2.7 GHz frequency segment for a period of 20 years. The Company has been operating since 2008 and as of December 2009 it employed approximately 300 workers. The IIC will be supporting the investment plan of the Company with a quasi-equity loan of up to US$5 million. The investment plan to be financed is focused on the cities of Santo Domingo and Santiago and includes a) telecom network deployment and offering of related services; b) pay TV services; and c) working capital. The CII, through this project, aims to promote access to telecommunications services and pay TV in the Dominican Republic while also supporting a proposal for innovative technology in a market with high growth potential. Wind Telecom, S.A. (the "Company" or "Wind") provides television and telecommunications services in the Dominican Republic. The range of services provided include pay TV, Internet access, voice, data center, and connectivity and interconnection through wireless transmission systems (MMDS, WiMAX, and point-to-point access through microwaves) and fiber optics. Wind was awarded a national concession and license to operate the 2.5 GHz to 2.7 GHz frequency segment for a period of 20 years. The Company has been operating since 2008 and as of December 2009 it employed approximately 300 workers. The IIC will be supporting the investment plan of the Company with a quasi-equity loan of up to US$5 million. The investment plan to be financed is focused on the cities of Santo Domingo and Santiago and includes a) telecom network deployment and offering of related services; b) pay TV services; and c) working capital. The CII, through this project, aims to promote access to telecommunications services and pay TV in the Dominican Republic while also supporting a proposal for innovative technology in a market with high growth potential. IDB Invest Wind Telecom, S.A. IDB Invest Rojas Cuellar, Lina Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Digital Economy 2500000 2500000 2500000 Wind Telecom, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI1032A-02 IDB Invest The purpose of the loan is to finance upgrades in a hotel so that it can obtain Holiday Inn Convention Center (HICC) certification. The project also includes building conference rooms, expanding and upgrading the fitness center, and installing mechanical and electrical systems (the "Project"). The purpose of the loan is to finance upgrades in a hotel so that it can obtain Holiday Inn Convention Center (HICC) certification. The project also includes building conference rooms, expanding and upgrading the fitness center, and installing mechanical and electrical systems (the "Project"). IDB Invest Corporación de Inversiones Turísticas, S.A. IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Tourism 1000000 1000000 1000000 CITSA - Holiday Inn Select Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3897A-02 IDB Invest 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. IDB Invest Profertil S.A. IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Social Infrastructure 8000000 8000000 8000000 Profertil II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3916A-01 IDB Invest The IIC loan will comprise an A loan of up to US$3.5 million and a B loan of up to US$11.0 million, for a total of up to US$14.5 million. The purpose of this IIC operation is to provide Constructoras ICA, S.A. de C.V. ("CICASA") with financing to meet previously assumed capitalization requirements at Los Portales S.A. ("Los Portales"), a Peruvian company in which it holds shares. This will enable Los Portales to, among others, expand its activities, mainly in the low income housing segment in the interior of Peru. The proceeds of the IIC loan will also be used to finance CICASA’s working capital requirements in Mexico. CICASA is a Mexican construction company that is part of Grupo ICA. The IIC loan will comprise an A loan of up to US$3.5 million and a B loan of up to US$11.0 million, for a total of up to US$14.5 million. The purpose of this IIC operation is to provide Constructoras ICA, S.A. de C.V. ("CICASA") with financing to meet previously assumed capitalization requirements at Los Portales S.A. ("Los Portales"), a Peruvian company in which it holds shares. This will enable Los Portales to, among others, expand its activities, mainly in the low income housing segment in the interior of Peru. The proceeds of the IIC loan will also be used to finance CICASA’s working capital requirements in Mexico. CICASA is a Mexican construction company that is part of Grupo ICA. IDB Invest Constructoras ICA, S.A. de C.V. IDB Invest Lesme Romero, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 3500000 3500000 3500000 Constructoras ICA, S.A. de de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME0017A-01 IDB Invest Banca Serfin, S.N.C. Banca Serfin, S.N.C. IDB Invest IDB Invest Sternberg, Edgardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 5500000 5500000 5500000 Banca Serfin, S.N.C. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH1008A-01 IDB Invest Maderas de Aysén, S.A. Maderas de Aysén, S.A. IDB Invest IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Agribusiness 1884000 1884000 1884000 Maderas de Aysén, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR1031A-01 IDB Invest The objective of the project is to expand the Hainamosa free trade zone by constructing twenty-one buildings to provide 400,000 square feet of additional industrial space. The additional leasing space will allow the company to generate additional revenues with minor increases in the current operating expenses. The IIC will extend a seven year US$4.55 million long-term loan to support the company’s US$9.1 million expansion program. The project is expected to result in the creation of 4,300 jobs in the free trade zone. It is also projected to increase the company’s value added contribution to the local economy by about US$16.9 million over the projected period. The objective of the project is to expand the Hainamosa free trade zone by constructing twenty-one buildings to provide 400,000 square feet of additional industrial space. The additional leasing space will allow the company to generate additional revenues with minor increases in the current operating expenses. The IIC will extend a seven year US$4.55 million long-term loan to support the company’s US$9.1 million expansion program. The project is expected to result in the creation of 4,300 jobs in the free trade zone. It is also projected to increase the company’s value added contribution to the local economy by about US$16.9 million over the projected period. IDB Invest Rafael A. Burgos & Cia., Inmobiliaria La Isabela, Cia. Import & Exports IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Manufacturing 4550000 4550000 4550000 Hainamosa Free Zone Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR1001B-02 IDB Invest Banco Interfin Banco Interfin IDB Invest IDB Invest Rincon, Margarita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO1069A-01 IDB Invest MABET's expansion project ("the Project") is intended to increase and diversify the plant's productive capacity, as well as to augment the production capacity of sawn lumber from Pacahuaras. The expansion will enable a 42% increase in production of exterior doors, from 38,000 units to 54,000 units per year, and will also expand the range of products offered. The production of interior doors, is proposed to increase from 10,000 units per year to 30,000 units per year in year four of the project. Planks and parquet flooring, production will triple to 60,000 sq. m per year in year 4 of the project. There is already an established demand for these products. As a byproduct of the expansion, MABET's productive capacity for seasoned wood, the main bottleneck to the company's growth, will increase by 85%. This means that annual access to dry wood will rise from 3,400,000 sq. ft to 6,300,000 sq. ft. The total project cost is estimated at US$7.3 million, of which the IIC would fund up to US$3.5 million. MABET's expansion project ("the Project") is intended to increase and diversify the plant's productive capacity, as well as to augment the production capacity of sawn lumber from Pacahuaras. The expansion will enable a 42% increase in production of exterior doors, from 38,000 units to 54,000 units per year, and will also expand the range of products offered. The production of interior doors, is proposed to increase from 10,000 units per year to 30,000 units per year in year four of the project. Planks and parquet flooring, production will triple to 60,000 sq. m per year in year 4 of the project. There is already an established demand for these products. As a byproduct of the expansion, MABET's productive capacity for seasoned wood, the main bottleneck to the company's growth, will increase by 85%. This means that annual access to dry wood will rise from 3,400,000 sq. ft to 6,300,000 sq. ft. The total project cost is estimated at US$7.3 million, of which the IIC would fund up to US$3.5 million. IDB Invest Maderera Boliviana Etienne S.A. IDB Invest Perez Silva, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Agribusiness 3500000 3500000 3500000 Maderera Boliviana Etienne S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN1006B-01 IDB Invest Financiera Delta II Financiera Delta II IDB Invest IDB Invest Rincon, Margarita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 4000000 4000000 4000000 Financiera Delta II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN1018A-01 IDB Invest Compañia de Finanzas y Servicios Compañia de Finanzas y Servicios IDB Invest IDB Invest Otarola, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Manufacturing 6527920 6527920 6527920 Compañia de Finanzas y Servicios Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1129A-01 IDB Invest The project consists of a loan to finance the acquisition by the Borrower of 100% of the Senior quotas of a Receivables Investment Fund - Fundo de Investimento em Direitos Creditórios - set up to acquire discounted receivables issued by certain companies that finance small and medium size enterprises. The project consists of a loan to finance the acquisition by the Borrower of 100% of the Senior quotas of a Receivables Investment Fund - Fundo de Investimento em Direitos Creditórios - set up to acquire discounted receivables issued by certain companies that finance small and medium size enterprises. IDB Invest Banco Rabobank International Brasil S.A. IDB Invest Moscoso, Victor Hugo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 15000000 15000000 15000000 Banco Rabobank International Brasil S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR1003A-01 IDB Invest Parafina del Plata S.A.C.I. Parafina del Plata S.A.C.I. IDB Invest IDB Invest Jans, Liesbeth +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Social Infrastructure 6000000 6000000 6000000 Parafina del Plata S.A.C.I. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR1052A-01 IDB Invest Petroquimica Comodoro Rivadavia S.A. Petroquimica Comodoro Rivadavia S.A. IDB Invest IDB Invest Romero, Gustavo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Energy 5000000 5000000 5000000 Petroquimica Comodoro Rivadavia S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR1056A-01 IDB Invest Banco Mayorista del Plata, S.A. Banco Mayorista del Plata, S.A. IDB Invest IDB Invest Romero, Gustavo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions 4000000 4000000 4000000 Banco Mayorista del Plata, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1083A-01 IDB Invest Banco Banex-Peru Banco Banex-Peru IDB Invest IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 6000000 6000000 6000000 Banco Banex-Peru Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR2058A-01 IDB Invest The proposed project is for a loan for up to US$10 million to Banco ABN AMRO Real S.A. The loan proceeds will be used to provide short-, medium- and long-term financing to small and medium-size Brazilian companies. The proposed project is for a loan for up to US$10 million to Banco ABN AMRO Real S.A. The loan proceeds will be used to provide short-, medium- and long-term financing to small and medium-size Brazilian companies. IDB Invest Banco ABN AMRO Real S.A. IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 10000000 10000000 10000000 Banco ABN AMRO Real Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO1057B-01 IDB Invest With the IIC loan, Leonisa will improve its financial profile with medium-term financing, making the company less vulnerable to changes in the financial market and in terms for accessing financing. The loan will also provide greater stability for Leonisa’s manufacturing and marketing activities. The company depends on a supply chain comprising twelve work cooperatives and over fifty small garment manufacturers, largely male and female microentrepreneurs, and accounting for approximately 2,500 direct and indirect jobs. Leonisa outsources a significant portion of its garment manufacturing. Three of the work cooperatives (Ecoelsa, Incomar, and Coopimar) were founded thanks to the Sponsors’ initiative and with Leonisa’s support. They are located near the city of Medellín in the towns of El Santuario and Marinilla. These towns, each with a population of approximately 25,000, have gone through periods of violence that generated insecurity and a lack of opportunities for young people, causing them to migrate to Medellín in poor living conditions. In spite of the insecurity in the region, these work cooperatives generated over 1,000 jobs, principally for women, who in many cases are heads of household or mothers. Also, women occupy all of the managerial positions in the cooperatives. The majority of the cooperatives’ workers are also members through an affiliation agreement; in turn, the cooperatives are responsible for fulfilling all labor requirements. Members receive benefits beyond those required by law: production incentives, bonuses, training, educational assistance, housing loans, and emergency assistance, among other benefits. The cooperatives have obtained ISO 9001:2000 certification and have the highest production standards of all of Leonisa’s garment manufacturers. In addition to being the main source of employment in their locations, the cooperatives offer the community important social services through artistic, cultural, sports, and recreational activities that take place on their premises. Facility maintenance, the quality and efficiency of the work carried out there, the care for the environment, and the respect for the social milieu all reflect the strong sense of ownership that the members have developed. The other garment manufacturers also comply with Leonisa’s requirements regarding environmental issues, safety, health, job security, and quality. In addition, Leonisa offers them training. With the experience gained through this operation, in the future the Corporation would be able to consider providing financing to this supply chain. With the IIC loan, Leonisa will improve its financial profile with medium-term financing, making the company less vulnerable to changes in the financial market and in terms for accessing financing. The loan will also provide greater stability for Leonisa’s manufacturing and marketing activities. The company depends on a supply chain comprising twelve work cooperatives and over fifty small garment manufacturers, largely male and female microentrepreneurs, and accounting for approximately 2,500 direct and indirect jobs. Leonisa outsources a significant portion of its garment manufacturing. Three of the work cooperatives (Ecoelsa, Incomar, and Coopimar) were founded thanks to the Sponsors’ initiative and with Leonisa’s support. They are located near the city of Medellín in the towns of El Santuario and Marinilla. These towns, each with a population of approximately 25,000, have gone through periods of violence that generated insecurity and a lack of opportunities for young people, causing them to migrate to Medellín in poor living conditions. In spite of the insecurity in the region, these work cooperatives generated over 1,000 jobs, principally for women, who in many cases are heads of household or mothers. Also, women occupy all of the managerial positions in the cooperatives. The majority of the cooperatives’ workers are also members through an affiliation agreement; in turn, the cooperatives are responsible for fulfilling all labor requirements. Members receive benefits beyond those required by law: production incentives, bonuses, training, educational assistance, housing loans, and emergency assistance, among other benefits. The cooperatives have obtained ISO 9001:2000 certification and have the highest production standards of all of Leonisa’s garment manufacturers. In addition to being the main source of employment in their locations, the cooperatives offer the community important social services through artistic, cultural, sports, and recreational activities that take place on their premises. Facility maintenance, the quality and efficiency of the work carried out there, the care for the environment, and the respect for the social milieu all reflect the strong sense of ownership that the members have developed. The other garment manufacturers also comply with Leonisa’s requirements regarding environmental issues, safety, health, job security, and quality. In addition, Leonisa offers them training. With the experience gained through this operation, in the future the Corporation would be able to consider providing financing to this supply chain. IDB Invest Confecciones Leonisa S.A. IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Manufacturing 5000000 5000000 5000000 Confecciones Leonisa S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR1029B-01 IDB Invest Banco de Galicia y Buenos Aires II Banco de Galicia y Buenos Aires II IDB Invest IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions 10000000 10000000 10000000 Banco de Galicia y Buenos Aires II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO1064A-01 IDB Invest Fondo Corfínsura Fondo Corfínsura IDB Invest IDB Invest Philippe Prosper, Jean +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 3333000 3333000 3333000 Fondo Corfínsura Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3740A-01 IDB Invest Financiera Compartamos is Mexico’s leading microcredit institution. Its efforts are aimed at meeting the needs of Mexico’s most underprivileged, through loans to small companies owned primarily by women living in rural and urban areas. The purpose of the IIC financing is to support Compartamos in its lending activities and geographic expansion. Financiera Compartamos is Mexico’s leading microcredit institution. Its efforts are aimed at meeting the needs of Mexico’s most underprivileged, through loans to small companies owned primarily by women living in rural and urban areas. The purpose of the IIC financing is to support Compartamos in its lending activities and geographic expansion. IDB Invest Financiera Compartamos S.A. de C.V. IDB Invest Bermudez, Tomas +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 20000000 20000000 20000000 Compartamos MEX Peso Line Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3756A-01 IDB Invest Infodema S.A. is a wood and pulp company which mainly manufactures and markets veneer and plywood boards and coiled/spooled natural-wood sheets. The IIC's loan of up to US$5.5 million is aimed at refinancing liabilities incurred on the expansion project begun in mid-2005, financing the purchase of machinery and equipment, and financing the construction of wood soaking tanks. The IIC loan will enable Infodema to improve its funding structure by matching long-term assets with long-term financing, thus improving its liquidity ratio. Infodema S.A. is a wood and pulp company which mainly manufactures and markets veneer and plywood boards and coiled/spooled natural-wood sheets. The IIC's loan of up to US$5.5 million is aimed at refinancing liabilities incurred on the expansion project begun in mid-2005, financing the purchase of machinery and equipment, and financing the construction of wood soaking tanks. The IIC loan will enable Infodema to improve its funding structure by matching long-term assets with long-term financing, thus improving its liquidity ratio. IDB Invest Infodema S.A. IDB Invest Orellana, Ana Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Agribusiness 5500000 5500000 5500000 Infodema Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3820A-01 IDB Invest FICEN S.A. de CV FICEN S.A. de CV IDB Invest IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 1000000 1000000 1000000 FICEN S.A. de CV Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3874A-01 IDB Invest Materiales y Techos para Construcción Materiales y Techos para Construcción IDB Invest IDB Invest Fonseca, Juan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Manufacturing 200000 200000 200000 Materiales y Techos para Construcción Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME1139A-01 IDB Invest Almer is a grain warehousing company that was privatized in 1998. As a warehousing company it has very relevant role in the tortilla production chain because its logistics and infrastructure (buying, storage, grading, selling) allows for timely supply of raw material (corn) from the many, mostly small farmers to the producers of tortillas. The proposed project involves providing Almer with permanent working capital through the use of warehouse receivables as security in order to increase its purchase of white corn from most small farmers that is used in the production of tortillas (the "Project"). This will result in an overall increase in the efficiency in the tortilla production system. In addition, as part of the Project, the Company will increase its purchase of wheat and sorghum. The Company will be able to increase its purchase of grains from Mexican producers via repurchase agreements ("repos") to be financed with the Project¹s funds. The increase in permanent working capital will enable the Company to expand its operations, thereby increasing the utilization of its existing fixed assets without making significant investments. In addition, the Project supports the development of the Mexican capital market by creating the basis for the eventual securitization of the grain purchase instruments (warehousing receipts). The more immediate benefit will be to agricultural producers by giving them access to credit and to modern distribution systems and risk management instruments. Almer is a grain warehousing company that was privatized in 1998. As a warehousing company it has very relevant role in the tortilla production chain because its logistics and infrastructure (buying, storage, grading, selling) allows for timely supply of raw material (corn) from the many, mostly small farmers to the producers of tortillas. The proposed project involves providing Almer with permanent working capital through the use of warehouse receivables as security in order to increase its purchase of white corn from most small farmers that is used in the production of tortillas (the "Project"). This will result in an overall increase in the efficiency in the tortilla production system. In addition, as part of the Project, the Company will increase its purchase of wheat and sorghum. The Company will be able to increase its purchase of grains from Mexican producers via repurchase agreements ("repos") to be financed with the Project¹s funds. The increase in permanent working capital will enable the Company to expand its operations, thereby increasing the utilization of its existing fixed assets without making significant investments. In addition, the Project supports the development of the Mexican capital market by creating the basis for the eventual securitization of the grain purchase instruments (warehousing receipts). The more immediate benefit will be to agricultural producers by giving them access to credit and to modern distribution systems and risk management instruments. IDB Invest Almacenadora Mercader, S.A. IDB Invest Otarola, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Transport 10000000 10000000 10000000 Almacenadora Mercader, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC1004A-01 IDB Invest Financiera del Agro, S.A. Financiera del Agro, S.A. IDB Invest IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 2500000 2500000 2500000 Financiera del Agro, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR3373A-02 IDB Invest The proposed project is for a line of credit to Banco ABN AMRO Real S.A. The credit line proceeds will be used to finance small and medium-sized companies located in Brazil that require either medium and long-term financing in order to assist in their operations, or shorter-term financing to enable them to procure needed goods and services from larger companies under better conditions. The proposed project is for a line of credit to Banco ABN AMRO Real S.A. The credit line proceeds will be used to finance small and medium-sized companies located in Brazil that require either medium and long-term financing in order to assist in their operations, or shorter-term financing to enable them to procure needed goods and services from larger companies under better conditions. IDB Invest Banco ABN AMRO Real S.A. IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 15000000 15000000 15000000 Banco ABN-AMRO Real S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR3098A-02 IDB Invest Agrofértil S.A. imports agricultural inputs and sells them in the Paraguayan market; it also purchases grain locally for export and provides its clients with agricultural technical assistance. The company also grows grain on land owned by its sponsors and holds a share of one of Paraguay’s largest manufacturers of agrochemicals. The purpose of the project is to finance Agrofértil’s permanent working capital requirements and thus improve the company’s debt profile. Agrofértil S.A. imports agricultural inputs and sells them in the Paraguayan market; it also purchases grain locally for export and provides its clients with agricultural technical assistance. The company also grows grain on land owned by its sponsors and holds a share of one of Paraguay’s largest manufacturers of agrochemicals. The purpose of the project is to finance Agrofértil’s permanent working capital requirements and thus improve the company’s debt profile. IDB Invest Agrofértil S.A. IDB Invest Lesme, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Agribusiness 2000000 2000000 2000000 Agrofertil II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR3781A-01 IDB Invest Banco Pine S.A. was established in 1997 and it has specialized in providing financing to medium-size Brazilian companies with secured structured operations. It also provides financial and strategic consulting services, treasury and investment products, and BNDES onlending lines. Banco Pine’s business model is based on market niches with growth and profitability potential, generation of good quality assets, and prudential credit, supervision, and liquidity policies. Its strategy is based on knowing its clients’ needs and providing them with a full range of lending products, both in local and foreign currency, in a responsive and effective manner. The purpose of this IIC project is to provide financing to Banco Pine to support eligible projects via loans to eligible enterprises. Eligible enterprises shall be those whose annual sales do not exceed US$50 million and whose consolidated annual sales per economic group do not exceed US$150 million, among other conditions. However, Banco Pine shall channel at least an amount equivalent to the A Loan to enterprises with annual sales of up to US$20 million or up to US$50 million per economic group. Eligible loans shall be loans to eligible enterprises for an amount not to exceed US$4 million per enterprise and US$5 million per economic group, with a term of at least six months. In addition, at least 20% of the funds shall be placed in Brazil’s northwest region. For the A Loan, the individual loan amount would be US$1 million. For the B Loan, loan amounts shall be defined once Banco Pine agrees to the market terms and rates. Banco Pine S.A. was established in 1997 and it has specialized in providing financing to medium-size Brazilian companies with secured structured operations. It also provides financial and strategic consulting services, treasury and investment products, and BNDES onlending lines. Banco Pine’s business model is based on market niches with growth and profitability potential, generation of good quality assets, and prudential credit, supervision, and liquidity policies. Its strategy is based on knowing its clients’ needs and providing them with a full range of lending products, both in local and foreign currency, in a responsive and effective manner. The purpose of this IIC project is to provide financing to Banco Pine to support eligible projects via loans to eligible enterprises. Eligible enterprises shall be those whose annual sales do not exceed US$50 million and whose consolidated annual sales per economic group do not exceed US$150 million, among other conditions. However, Banco Pine shall channel at least an amount equivalent to the A Loan to enterprises with annual sales of up to US$20 million or up to US$50 million per economic group. Eligible loans shall be loans to eligible enterprises for an amount not to exceed US$4 million per enterprise and US$5 million per economic group, with a term of at least six months. In addition, at least 20% of the funds shall be placed in Brazil’s northwest region. For the A Loan, the individual loan amount would be US$1 million. For the B Loan, loan amounts shall be defined once Banco Pine agrees to the market terms and rates. IDB Invest Banco Pine S.A. IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 15000000 15000000 15000000 Banco Pine Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3845A-01 IDB Invest 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. IDB Invest Papelera Nacional S.A. IDB Invest Hernandez, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Agribusiness 10000000 10000000 10000000 Papelera Nacional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH1062B-01 IDB Invest Agency line arrangement for a total amount of US$20 million in which Banco del Desarrollo will identify, evaluate, structure, and supervise loans to companies that are majority-owned by citizens of the region with total assets that do not exceed US$15 million. Under the terms of the agency line, IIC and Banco del Desarrollo will each one-lend an equal amount of between US$300,000 and US$1,500,000 to eligible Chilean companies. Agency line arrangement for a total amount of US$20 million in which Banco del Desarrollo will identify, evaluate, structure, and supervise loans to companies that are majority-owned by citizens of the region with total assets that do not exceed US$15 million. Under the terms of the agency line, IIC and Banco del Desarrollo will each one-lend an equal amount of between US$300,000 and US$1,500,000 to eligible Chilean companies. IDB Invest Banco del Desarrollo IDB Invest Demori, Leonor +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 10000000 10000000 10000000 Banco del Desarrollo Agency Line Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR0016A-01 IDB Invest Agro Industria Januba S.A. Agro Industria Januba S.A. IDB Invest IDB Invest Moscoso, Victor Hugo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Agribusiness 2500000 2500000 2500000 Agro Industria Januba S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3717A-02 IDB Invest Copeval's regional expansion and entry into new lines of business will significantly increase its operational funding needs. The US$10 million IIC loan will finance a portion of these needs. With this second operation the IIC will continue to support the growth of a leading market player, a company whose primary business is the marketing and credit sale of agricultural inputs used by small and medium-size producers. Copeval is completing its national distribution network to provide total coverage for regions III to X. This opportunity for Copeval to grow comes with the increase in agribusiness activity in Chile, the result of free trade agreements and regional expansion. Copeval's regional expansion and entry into new lines of business will significantly increase its operational funding needs. The US$10 million IIC loan will finance a portion of these needs. With this second operation the IIC will continue to support the growth of a leading market player, a company whose primary business is the marketing and credit sale of agricultural inputs used by small and medium-size producers. Copeval is completing its national distribution network to provide total coverage for regions III to X. This opportunity for Copeval to grow comes with the increase in agribusiness activity in Chile, the result of free trade agreements and regional expansion. IDB Invest Compañía Agropecuaria Copeval S.A. IDB Invest Orellana, Ana Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Agribusiness 5000000 5000000 5000000 Copeval II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH1062C-01 IDB Invest Project Description: The objective of the equity investment is to assist in the institutional strengthening of the Bank to enable it to increase the financing activities with small and medium-sized enterprises in Chile, penetrate in a significant way the regions outside the Santiago Metropolitan area, and achieve an important improvement in the use of its installed capacity. The project consists in a US$ 25 million increase in Banco del Desarrollo's capital, of which the IIC would invest up to US$10 million that would correspond to approximately 5.5% of the share capital of the Bank, and the other principal shareholders would invest up to US$15 million. Project Description: The objective of the equity investment is to assist in the institutional strengthening of the Bank to enable it to increase the financing activities with small and medium-sized enterprises in Chile, penetrate in a significant way the regions outside the Santiago Metropolitan area, and achieve an important improvement in the use of its installed capacity. The project consists in a US$ 25 million increase in Banco del Desarrollo's capital, of which the IIC would invest up to US$10 million that would correspond to approximately 5.5% of the share capital of the Bank, and the other principal shareholders would invest up to US$15 million. IDB Invest Banco del Desarrollo IDB Invest Rincon, Margarita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 10000000 10000000 10000000 Banco del Desarrollo Equity Investment Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3826A-01 IDB Invest Quimvetsa Quimvetsa IDB Invest IDB Invest Jiron, Johnny +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Manufacturing 190000 190000 190000 Quimvetsa Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES3381A-01 IDB Invest Short-term financing, renewable yearly, for the company’s permanent working capital requirements. The proceeds will also help the company provide small, independent sugar cane growers with financing for processing and delivering their crop. Short-term financing, renewable yearly, for the company’s permanent working capital requirements. The proceeds will also help the company provide small, independent sugar cane growers with financing for processing and delivering their crop. IDB Invest Compañía Azucarera Salvadoreña S.A. de C.V. IDB Invest Hernandez, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Agribusiness 6000000 6000000 6000000 Compañía Azucarera Salvadoreña Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU3783A-01 IDB Invest Tecnopak Tecnopak IDB Invest IDB Invest Mayorga, Luisa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Social Infrastructure 200000 200000 200000 Tecnopak Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3532A-01 IDB Invest The proposed project consists of a medium-term loan of up to US$20,000,000 to Hipotecaria Su Casita S.A.de C.V. The loan proceeds will be used for the origination and/or acquisition of residential mortgages that finance principally loans to individuals for their purchase and construction of low to middle income housing. The proposed project consists of a medium-term loan of up to US$20,000,000 to Hipotecaria Su Casita S.A.de C.V. The loan proceeds will be used for the origination and/or acquisition of residential mortgages that finance principally loans to individuals for their purchase and construction of low to middle income housing. IDB Invest Hipotecaria Su Casita S.A.de CV IDB Invest Pacheco Klein, Jorge Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 20000000 20000000 20000000 Hipotecaria Su Casita Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR3808A-01 IDB Invest The project consists of supporting Desler Argentina’s expansion into Brazil by purchasing two centrifuges with rotary vacuum-drum filters. In Brazil, the company will provide liquid effluent treatment services to the industrial sector, specifically, cleaning dehydration units and water treatment ponds. The purpose of this IIC operation is to provide financing to Desler for country diversification, through the expansion of its effluent treatment business from Argentina to Brazil. The funds will be used to procure equipment and for working capital. Desler S.A. is an Argentinian company that began operations in 1993. Its main activities are the disposal of solid medical and industrial waste and effluent treatment. Desler began operating its pathogenic waste and industrial waste plants in 1993 and 1994, respectively. In subsequent years, Desler entered into agreements and strategic partnerships that enabled it to deliver additional, higher-quality services. The company’s industrial services and water services divisions were created in 2003 and 2004, respectively. The project consists of supporting Desler Argentina’s expansion into Brazil by purchasing two centrifuges with rotary vacuum-drum filters. In Brazil, the company will provide liquid effluent treatment services to the industrial sector, specifically, cleaning dehydration units and water treatment ponds. The purpose of this IIC operation is to provide financing to Desler for country diversification, through the expansion of its effluent treatment business from Argentina to Brazil. The funds will be used to procure equipment and for working capital. Desler S.A. is an Argentinian company that began operations in 1993. Its main activities are the disposal of solid medical and industrial waste and effluent treatment. Desler began operating its pathogenic waste and industrial waste plants in 1993 and 1994, respectively. In subsequent years, Desler entered into agreements and strategic partnerships that enabled it to deliver additional, higher-quality services. The company’s industrial services and water services divisions were created in 2003 and 2004, respectively. IDB Invest Desler Do Brasil Comercio e Servicios Ambientais LTD IDB Invest Domenech Pina, Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Energy 800000 800000 800000 Desler Brasil Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR0002A-02 IDB Invest Migranja S. A. II Migranja S. A. II IDB Invest IDB Invest Varela, Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Agribusiness 936894 936894 936894 Migranja S. A. II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1117B-01 IDB Invest Project Description: The Project consists of a Purchase Facility for the acquisition of collateralized real estate loan obligations ("Cedulas de Credito Imobiliario") (the "CCIs") for their subsequent securitization, fully hedged against foreign exchange risk, both for principal and interest, in the combined amount of US$15.0 million. The purpose of the project is to provide Brazilian Mortgages Companhia Imobiliaria ("BM") access to a facility that will allow, BM, the ability to provide home equity loans to individual homeowners or to originate mortgage loans. This will permit BM to further expand the market for rated mortgage-backed securities in the Brazilian capital markets, as a new long-term investment instrument for institutional investors. As with the existing project, BM will target mainly the middle to lower-income residential segment with average housing price of US$30,000. Project Description: The Project consists of a Purchase Facility for the acquisition of collateralized real estate loan obligations ("Cedulas de Credito Imobiliario") (the "CCIs") for their subsequent securitization, fully hedged against foreign exchange risk, both for principal and interest, in the combined amount of US$15.0 million. The purpose of the project is to provide Brazilian Mortgages Companhia Imobiliaria ("BM") access to a facility that will allow, BM, the ability to provide home equity loans to individual homeowners or to originate mortgage loans. This will permit BM to further expand the market for rated mortgage-backed securities in the Brazilian capital markets, as a new long-term investment instrument for institutional investors. As with the existing project, BM will target mainly the middle to lower-income residential segment with average housing price of US$30,000. IDB Invest The Ourinvest Group and Mr. Fabio Nogueira IDB Invest Moscoso, Victor Hugo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 5000000 5000000 5000000 Brazilian Mortgage/ Securitization Com. II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR1013B-01 IDB Invest Banco Intercontinental Leasing Banco Intercontinental Leasing IDB Invest IDB Invest Echeverri, Ana Rosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Financial Institutions 3000000 3000000 3000000 Banco Intercontinental Leasing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR1135A-01 IDB Invest Curtiembres Arlei Curtiembres Arlei IDB Invest IDB Invest Barsantini, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Manufacturing 8000000 8000000 8000000 Curtiembres Arlei Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR0033A-01 IDB Invest Agro-Industrias Inca S.A. Agro-Industrias Inca S.A. IDB Invest IDB Invest Trujillo, Roldan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Agribusiness 5000000 5000000 5000000 Agro-Industrias Inca S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO0011A-01 IDB Invest Banco Solidario, S.A. Banco Solidario, S.A. IDB Invest IDB Invest Savastano, Ana Cecilia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Financial Institutions 1325000 1325000 1325000 Banco Solidario, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR1039A-01 IDB Invest Willmor S.A. Willmor S.A. IDB Invest IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Agribusiness 5000000 5000000 5000000 Willmor S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME0018A-01 IDB Invest Versagrup, S.A. de C.V. Versagrup, S.A. de C.V. IDB Invest IDB Invest Aguilar, Carlosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 4500000 4500000 4500000 Versagrup, S.A. de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR1007A-02 IDB Invest Zona Franca de Montevideo II Zona Franca de Montevideo II IDB Invest IDB Invest Varela, Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Manufacturing 375000 375000 375000 Zona Franca de Montevideo II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3445A-01 IDB Invest The IIC loan of up to US$6 million to UAG will be used to modernize and equip the UAG medical school and teaching hospital, Hospital Escuela Ángel Leaño (HAL). This project will extend the reach of the local health system, providing access to medical services in a predominantly lower-middle class area of Guadalajara with approximately 250,000 inhabitants. The Project will also help UAG, through its teaching hospital, improve the quality of its health care services and medical school operations. The IIC loan of up to US$6 million to UAG will be used to modernize and equip the UAG medical school and teaching hospital, Hospital Escuela Ángel Leaño (HAL). This project will extend the reach of the local health system, providing access to medical services in a predominantly lower-middle class area of Guadalajara with approximately 250,000 inhabitants. The Project will also help UAG, through its teaching hospital, improve the quality of its health care services and medical school operations. IDB Invest Universidad Autónoma de Guadalajara (UAG) IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Social Infrastructure 6000000 6000000 6000000 Universidad Autonoma de Guadalajara Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3449A-01 IDB Invest The IIC loan, for up to US$10 million, will be used to finance the expansion of the hospital. Two new cancer centers and a women and children’s care center will be built. The IIC loan, for up to US$10 million, will be used to finance the expansion of the hospital. Two new cancer centers and a women and children’s care center will be built. IDB Invest Hospital ABC IDB Invest Arizu, Sotero +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Social Infrastructure 10000000 10000000 10000000 Hospital ABC Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3758A-01 IDB Invest Terminales Rio de la Plata S.A. ("TRP" or the "Company") is an Argentine company that holds the concession rights under a 25-year concession agreement to operate Terminals 1, 2, and 3 of the Puerto Nuevo in the City of Buenos Aires. TRP’s core business is handling containers, although it also handles general cargo and vehicles and runs the only terminal at the Port of Buenos Aires for passenger vessels. TRP’s total quay line is 2,143 meters, with water depth of 9.8 meters, and a total landside area of 43.5 hectares. The project will help TRP finance its 2006-2007 investment program and refinance its existing debt. The investment program includes the purchase of one gantry crane, additional gantry cranes for the container yard, and other equipment; the relocation of an existing gantry crane from Terminal 1 to Terminal 2; the demolition of a warehouse in Terminal 3 to expand the container yard; and the installation of additional reefer plugs. The IIC will work with other multilateral organizations to provide TRP financing at terms not otherwise available in Argentina. TRP is the main terminal of the Port of Buenos Aires, handling 40% of all containers that pass through the port. Argentina’s economic recovery has led to a boom in port activity in recent years, and the Port of Buenos Aires will face serious limitations by 2009 if investments are not made to increase its capacity. The IIC will make a significant contribution by providing funding to prepare the port for the expansion project, increase port efficiency, and enable port authorities to meet the growing demand in the years to come. The benefits will be felt by Argentina, consumers, producers, and transport workers. Terminales Rio de la Plata S.A. ("TRP" or the "Company") is an Argentine company that holds the concession rights under a 25-year concession agreement to operate Terminals 1, 2, and 3 of the Puerto Nuevo in the City of Buenos Aires. TRP’s core business is handling containers, although it also handles general cargo and vehicles and runs the only terminal at the Port of Buenos Aires for passenger vessels. TRP’s total quay line is 2,143 meters, with water depth of 9.8 meters, and a total landside area of 43.5 hectares. The project will help TRP finance its 2006-2007 investment program and refinance its existing debt. The investment program includes the purchase of one gantry crane, additional gantry cranes for the container yard, and other equipment; the relocation of an existing gantry crane from Terminal 1 to Terminal 2; the demolition of a warehouse in Terminal 3 to expand the container yard; and the installation of additional reefer plugs. The IIC will work with other multilateral organizations to provide TRP financing at terms not otherwise available in Argentina. TRP is the main terminal of the Port of Buenos Aires, handling 40% of all containers that pass through the port. Argentina’s economic recovery has led to a boom in port activity in recent years, and the Port of Buenos Aires will face serious limitations by 2009 if investments are not made to increase its capacity. The IIC will make a significant contribution by providing funding to prepare the port for the expansion project, increase port efficiency, and enable port authorities to meet the growing demand in the years to come. The benefits will be felt by Argentina, consumers, producers, and transport workers. IDB Invest Terminales Río de la Plata S.A. IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Energy 10000000 10000000 10000000 Terminales Rio de la Plata S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR1107A-01 IDB Invest Buyatti, S.A.I.C.A. Buyatti, S.A.I.C.A. IDB Invest IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Agribusiness 4000000 4000000 4000000 Buyatti, S.A.I.C.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3452A-02 IDB Invest The proposed operation consists of a lending program, preferably in local currency. Its objective is to finance eligible projects via loans to small and medium-size enterprises (SMEs) in the Argentine Republic, with a corporate guarantee from Garantizar SGR. These small and medium-size enterprises require either medium or long-term financing in order to carry out their operations. Financing with 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 includes two additional components: a contribution to Garantizar’s capital stock and a contribution to the risk fund. These components amount to approximately ARG$2 million. Garantizar is a mutual guarantee association (sociedad de garantía recíproca, or SGR) that provides loan guarantees to its beneficiary shareholders. The guarantees, which make it easier for the members to obtain credit, are backed by equity contributed by the guarantee association’s sponsoring shareholders. Garantizar SGR is one of Argentina’s oldest and largest SGRs. Garantizar’s main shareholders, which are also sponsoring shareholders, are Banco de la Nación de Argentina and Banco de la Ciudad de Buenos Aires. The private sector–beneficiary shareholders in agribusiness and manufacturing–accounts for a majority ownership, with more than 51% of Garantizar SGR’s shares. The proposed operation consists of a lending program, preferably in local currency. Its objective is to finance eligible projects via loans to small and medium-size enterprises (SMEs) in the Argentine Republic, with a corporate guarantee from Garantizar SGR. These small and medium-size enterprises require either medium or long-term financing in order to carry out their operations. Financing with 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 includes two additional components: a contribution to Garantizar’s capital stock and a contribution to the risk fund. These components amount to approximately ARG$2 million. Garantizar is a mutual guarantee association (sociedad de garantía recíproca, or SGR) that provides loan guarantees to its beneficiary shareholders. The guarantees, which make it easier for the members to obtain credit, are backed by equity contributed by the guarantee association’s sponsoring shareholders. Garantizar SGR is one of Argentina’s oldest and largest SGRs. Garantizar’s main shareholders, which are also sponsoring shareholders, are Banco de la Nación de Argentina and Banco de la Ciudad de Buenos Aires. The private sector–beneficiary shareholders in agribusiness and manufacturing–accounts for a majority ownership, with more than 51% of Garantizar SGR’s shares. IDB Invest Garantizar SGR IDB Invest Lopez Coronado, Gustavo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions 4949270 4949270 4949270 Garantizar SGR II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3304A-01 IDB Invest The IIC loan of up to US$3 million will be used to fund Exportadora Ben David's permanent working capital requirements. The IIC loan will enable Exportadora Ben David to improve its funding structure by matching long-term fixed assets with long-term financing. The IIC loan of up to US$3 million will be used to fund Exportadora Ben David's permanent working capital requirements. The IIC loan will enable Exportadora Ben David to improve its funding structure by matching long-term fixed assets with long-term financing. IDB Invest Exportadora Ben David S.A. IDB Invest Orellana, Ana Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Agribusiness 3000000 3000000 3000000 Exportadora BenDavid Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES3364A-01 IDB Invest Cajas y Bolsas S.A. (CYBSA) is a corrugated box company in the CYBSA Group. The goal of the project is to improve the company’s cash flow by financing permanent working capital, releasing revolving credit lines for financing seasonal and short-term growth. The IIC loan to Cajas y Bolsas S.A. entails two significant benefits. First, it provides financing that is otherwise scarce and difficult to obtain in El Salvador. Second, it supports an industry with a significant value-added component: thanks to the quality of its products, Cajas y Bolsas S.A. exports over 60% of its production to Central America and the Caribbean. Cajas y Bolsas S.A. (CYBSA) is a corrugated box company in the CYBSA Group. The goal of the project is to improve the company’s cash flow by financing permanent working capital, releasing revolving credit lines for financing seasonal and short-term growth. The IIC loan to Cajas y Bolsas S.A. entails two significant benefits. First, it provides financing that is otherwise scarce and difficult to obtain in El Salvador. Second, it supports an industry with a significant value-added component: thanks to the quality of its products, Cajas y Bolsas S.A. exports over 60% of its production to Central America and the Caribbean. IDB Invest Cajas y Bolsas S.A. IDB Invest Fonseca, Juan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Manufacturing 1000000 1000000 1000000 Cajas y Bolsas Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR1073A-02 IDB Invest The project consists of a long-term loan of up to US$10 million to Banco Improsa. The loan proceeds will be used to finance the growth of the residential mortgage portfolio. The project consists of a long-term loan of up to US$10 million to Banco Improsa. The loan proceeds will be used to finance the growth of the residential mortgage portfolio. IDB Invest Banco Improsa S.A. IDB Invest Perez Salmeron, Ana Julia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 10000000 10000000 10000000 Banco Improsa III Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3881A-01 IDB Invest The loan to Financiera Edyficar S.A. will be used to provide short and medium-term financing for working capital or expansion projects to microenterprises in Peru. The loan to Financiera Edyficar S.A. will be used to provide short and medium-term financing for working capital or expansion projects to microenterprises in Peru. IDB Invest Financiera Edyficar S.A. IDB Invest Reyes, Sandra +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 5000000 5000000 5000000 Empresa Financiera Edyficar Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3941A-01 IDB Invest Coriport is a special-purpose company that won the international public bidding for the Daniel Oduber Quirós international airport ("AIL") in Liberia, province of Guanacaste. AIL is the second largest international airport in Costa Rica; it is strategically located in an area with high tourist and economic activity. Coriport’s principal members are two well-known companies with wide-ranging experience in the international aeronautical sector: Canada’s MMM Aviation Group S.A. and the United States’ ADC & HAS. There also are several local and international minority investors represented by Inversiones Cielo Claro S.R.L., Cocobolo Inversiones S.R.L., and Emperador Pez Espada S.R.L. The purpose of this IIC operation is to provide the company with long-term financing to build a new passenger terminal. The new terminal will enable the airport to increase both the number of passengers and the number of commercial and charter flights it can handle simultaneously, upgrade baggage handling, install modern airport security systems, and create retail and complementary service spaces to improve local and international passenger service and make their wait more pleasant, among other improvements. However, the IIC’s main long-term objective is to boost tourist sector consolidation in Guanacaste and bring new investments to the area to spur development and diversify economic activity. Coriport is a special-purpose company that won the international public bidding for the Daniel Oduber Quirós international airport ("AIL") in Liberia, province of Guanacaste. AIL is the second largest international airport in Costa Rica; it is strategically located in an area with high tourist and economic activity. Coriport’s principal members are two well-known companies with wide-ranging experience in the international aeronautical sector: Canada’s MMM Aviation Group S.A. and the United States’ ADC & HAS. There also are several local and international minority investors represented by Inversiones Cielo Claro S.R.L., Cocobolo Inversiones S.R.L., and Emperador Pez Espada S.R.L. The purpose of this IIC operation is to provide the company with long-term financing to build a new passenger terminal. The new terminal will enable the airport to increase both the number of passengers and the number of commercial and charter flights it can handle simultaneously, upgrade baggage handling, install modern airport security systems, and create retail and complementary service spaces to improve local and international passenger service and make their wait more pleasant, among other improvements. However, the IIC’s main long-term objective is to boost tourist sector consolidation in Guanacaste and bring new investments to the area to spur development and diversify economic activity. IDB Invest Coriport S.A. IDB Invest Fonseca, Juan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Energy 7950000 7950000 7950000 Coriport Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3900A-01 IDB Invest The purpose of this IIC operation is to provide CARVIMSA with financing for working capital in order to meet its current needs and support its future expansion plans. CARVIMSA is part of Grupo Comeca. It began operations in 1997 and its main line of business is manufacturing, marketing, and distributing folding and ready-to-use crates made of corrugated cardboard and linerboard, and paper from its own mill. It serves such sectors as agribusiness, fisheries, textiles, pharmaceuticals, and food and beverages. Since 2001 it has had an ISO 9001-certified quality management system, which allows for the ongoing improvement of its industrial processes. The purpose of this IIC operation is to provide CARVIMSA with financing for working capital in order to meet its current needs and support its future expansion plans. CARVIMSA is part of Grupo Comeca. It began operations in 1997 and its main line of business is manufacturing, marketing, and distributing folding and ready-to-use crates made of corrugated cardboard and linerboard, and paper from its own mill. It serves such sectors as agribusiness, fisheries, textiles, pharmaceuticals, and food and beverages. Since 2001 it has had an ISO 9001-certified quality management system, which allows for the ongoing improvement of its industrial processes. IDB Invest Cartones Villa Marina S.A. (CARVIMSA) IDB Invest Fonseca, Juan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Manufacturing 3000000 3000000 3000000 Cartones Villa Marina S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR3798A-01 IDB Invest Agrofield SRL Agrofield SRL IDB Invest IDB Invest Lesme, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Agribusiness 215000 215000 215000 Agrofield SRL Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO3598A-01 IDB Invest Gramma Boliva S.R.L. Gramma Boliva S.R.L. IDB Invest IDB Invest Paredes, Cristina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Agribusiness 300000 300000 300000 Gramma Boliva S.R.L. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI1003A-01 IDB Invest Banco Mercantil, S.A. Banco Mercantil, S.A. IDB Invest IDB Invest López-Llamoza, Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Financial Institutions 3000000 3000000 3000000 Banco Mercantil, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI1029B-01 IDB Invest The project consists of a senior loan of up to US$4,000,000 and a subordinated loan of up to US$2,000,000 to Banco de Crédito Centroamericano-Bancentro. The senior loan will have a term of up to 7 years, including a grace period of up to 2 years. The subordinated loan will have a term of up to 7 years, including a grace period of up to 63 months. The funds of the senior loan will be used to provide medium and long-term financing to small and medium-size Nicaraguan companies operating in productive sectors of the economy. The project consists of a senior loan of up to US$4,000,000 and a subordinated loan of up to US$2,000,000 to Banco de Crédito Centroamericano-Bancentro. The senior loan will have a term of up to 7 years, including a grace period of up to 2 years. The subordinated loan will have a term of up to 7 years, including a grace period of up to 63 months. The funds of the senior loan will be used to provide medium and long-term financing to small and medium-size Nicaraguan companies operating in productive sectors of the economy. IDB Invest Banco de Crédito Centroamericano-Bancentro IDB Invest Rincon, Margarita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Financial Institutions 6000000 6000000 6000000 Banco de Credito Centroamericano II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1129B-01 IDB Invest The project consists of a loan to finance the acquisition by the Borrower of 100% of the Senior quotas of a Receivables Investment Fund - Fundo de Investimento em Direitos Creditórios - set up to acquire discounted receivables issued by certain companies that finance small and medium- size enterprises. The project consists of a loan to finance the acquisition by the Borrower of 100% of the Senior quotas of a Receivables Investment Fund - Fundo de Investimento em Direitos Creditórios - set up to acquire discounted receivables issued by certain companies that finance small and medium- size enterprises. IDB Invest Banco Rabobank International Brasil S.A. II IDB Invest Moscoso, Victor Hugo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 15000000 15000000 15000000 Banco Rabobank International Brasil, S.A. II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR1037A-01 IDB Invest The objective of the project is to provide funding to meet the medium and long-term financial needs of small and medium size Dominican Republic enterprises. IIC will provide an eight-year, US$10 million line of credit to provide medium-term financing for small and medium-size companies and will undertake, on a best-effort basis, to mobilize an additional US$20 million from international banks under its cofinancing program. In addition, the IIC will support the IDB strategy of promoting the productive sectors through the development of small and medium-size Dominican Republic enterprises. The objective of the project is to provide funding to meet the medium and long-term financial needs of small and medium size Dominican Republic enterprises. IIC will provide an eight-year, US$10 million line of credit to provide medium-term financing for small and medium-size companies and will undertake, on a best-effort basis, to mobilize an additional US$20 million from international banks under its cofinancing program. In addition, the IIC will support the IDB strategy of promoting the productive sectors through the development of small and medium-size Dominican Republic enterprises. IDB Invest Banco Popular Dominicano, C.A. IDB Invest Echeverri, Ana Rosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Financial Institutions 10000000 10000000 10000000 Banco Popular Dominicano Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3838A-01 IDB Invest The project consists of a long-term loan of up to US$1 million to Financiera Cafsa S.A. and Arrendadora Cafsa S.A. sponsored by Corporación Cafsa S.A. The loan proceeds will be used to finance the growth of the companies’ loan and leases. The project consists of a long-term loan of up to US$1 million to Financiera Cafsa S.A. and Arrendadora Cafsa S.A. sponsored by Corporación Cafsa S.A. The loan proceeds will be used to finance the growth of the companies’ loan and leases. IDB Invest Corporación Cafsa S.A., Financiera Cafsa S.A. and Arrendadora Cafsa S.A IDB Invest Savastano, Ana Cecilia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 1000000 1000000 1000000 Corporacion Cafsa Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3440A-02 IDB Invest Bancóldex is requesting a US$10 million increase of its current line in order to continue to support the growth and development of small and medium-size companies in the export sector. Bancóldex is requesting a US$10 million increase of its current line in order to continue to support the growth and development of small and medium-size companies in the export sector. IDB Invest Banco de Comercio Exterior de Colombia S.A. IDB Invest Reyes, Sandra +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 45000000 45000000 45000000 Bancoldex II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME1100A-01 IDB Invest Mexico Private Equity Fund Mexico Private Equity Fund IDB Invest IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 3000000 3000000 3000000 Mexico Private Equity Fund Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3735A-02 IDB Invest Eurocapital has been active since 1998 in the purchase with recourse of invoices, bills of exchange, checks, contracts, and other documents issued by small and medium–size businesses in the normal course of their business. The proposed project consists of a US$5 million loan to Eurocapital S.A. The IIC loan will enable Eurocapital to develop its business of factoring documents, in dollars or indexed to the dollar, related primarily to export sales by small and medium-size companies. These companies must meet the IIC’s eligibility criteria. Eurocapital has been active since 1998 in the purchase with recourse of invoices, bills of exchange, checks, contracts, and other documents issued by small and medium–size businesses in the normal course of their business. The proposed project consists of a US$5 million loan to Eurocapital S.A. The IIC loan will enable Eurocapital to develop its business of factoring documents, in dollars or indexed to the dollar, related primarily to export sales by small and medium-size companies. These companies must meet the IIC’s eligibility criteria. IDB Invest Eurocapital S.A. IDB Invest Acuña Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 5000000 5000000 5000000 Eurocapital II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR1041A-05 IDB Invest 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. IDB Invest Banco Regional S.A.E.C.A. IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 6000000 6000000 6000000 Banco Regional IV Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3891A-01 IDB Invest The project consists of a US$6 million, ten-year bullet subordinated loan to Banco Interamericano de Finanzas, S.A. The subordinated loan will be used as Tier II capital to strengthen the Bank’s capital base and support its growth by providing financing to small and medium-size Peruvian companies The project consists of a US$6 million, ten-year bullet subordinated loan to Banco Interamericano de Finanzas, S.A. The subordinated loan will be used as Tier II capital to strengthen the Bank’s capital base and support its growth by providing financing to small and medium-size Peruvian companies IDB Invest Banco Interamericano de Finanzas, S.A. IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 6000000 6000000 6000000 Banco Interamericano de Finanzas S.A. Subordinado Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3906A-01 IDB Invest The financing requested consist of a A Loan of up to US$6.5 million and a B Loan of up to US$23.5 million. The purpose of this IIC operation is to provide financing to Viluco to replace short-term liabilities the company acquired to complete a plant for producing soy flour, soybean oil, and biodiesel, with a nominal annual production capacity of up to one million tons. This project seeks to expand and diversify Viluco’s agricultural production through industrialization. Promoting agriculture is consistent with the IIC’s interest in contributing to the development of renewable energy production (biofuels). Established in 1973, Viluco is an Argentinian company that is part of Grupo Lucci, an agribusiness group. Viluco grows grains, with a harvest area of approximately 47,000 hectares, and also rears, breeds, and fattens cattle on approximately 30,000 hectares of land. It started to produce soy flour, soybean oil, and biodiesel in July 2010 at its plant in Frías, Santiago del Estero province, Argentina. The financing requested consist of a A Loan of up to US$6.5 million and a B Loan of up to US$23.5 million. The purpose of this IIC operation is to provide financing to Viluco to replace short-term liabilities the company acquired to complete a plant for producing soy flour, soybean oil, and biodiesel, with a nominal annual production capacity of up to one million tons. This project seeks to expand and diversify Viluco’s agricultural production through industrialization. Promoting agriculture is consistent with the IIC’s interest in contributing to the development of renewable energy production (biofuels). Established in 1973, Viluco is an Argentinian company that is part of Grupo Lucci, an agribusiness group. Viluco grows grains, with a harvest area of approximately 47,000 hectares, and also rears, breeds, and fattens cattle on approximately 30,000 hectares of land. It started to produce soy flour, soybean oil, and biodiesel in July 2010 at its plant in Frías, Santiago del Estero province, Argentina. IDB Invest Viluco S.A. IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Agribusiness 6500000 6500000 6500000 Viluco Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN3746A-01 IDB Invest The objective of this program is to finance eligible projects via loans to eligible enterprises in Panama that meet IIC and BBVA Panamá loan eligibility criteria and environmental and labor requirements. These small and medium-size enterprises (SMEs) in Panama 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 US$66 million IIC loan comprises an A loan of up to US$10 million and a B loan of up to US$56 million. The objective of this program is to finance eligible projects via loans to eligible enterprises in Panama that meet IIC and BBVA Panamá loan eligibility criteria and environmental and labor requirements. These small and medium-size enterprises (SMEs) in Panama 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 US$66 million IIC loan comprises an A loan of up to US$10 million and a B loan of up to US$56 million. IDB Invest BBVA Panamá IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 10000000 10000000 10000000 BBVA Panama Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO1027B-01 IDB Invest The project will provide funding to meet the medium and long term financial needs of small and medium size Bolivian enterprises. IIC will provide an eight-year US$10 million line of credit to provide medium term financing for small and medium sized companies and will undertake, on a best-effort basis, to mobilize an additional US$15 million from international banks under its cofinancing program. The goal is to support the IDB and Bolivian government’s objective of promoting long term funding for the financial institutions. The project will provide funding to meet the medium and long term financial needs of small and medium size Bolivian enterprises. IIC will provide an eight-year US$10 million line of credit to provide medium term financing for small and medium sized companies and will undertake, on a best-effort basis, to mobilize an additional US$15 million from international banks under its cofinancing program. The goal is to support the IDB and Bolivian government’s objective of promoting long term funding for the financial institutions. IDB Invest Banco Bisa, S.A. IDB Invest Rincon, Margarita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Financial Institutions 10000000 10000000 10000000 Banco BISA S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3101A-02 IDB Invest Procredit Nicaragua Procredit Nicaragua IDB Invest IDB Invest Reyes, Sandra +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Financial Institutions 3000000 3000000 3000000 Procredit Nicaragua Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME1015A-01 IDB Invest Christianson Christianson IDB Invest IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Social Infrastructure 3200000 3200000 3200000 Christianson Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1077A-01 IDB Invest MG Fundo Mútuo de Investimento em Empresas Emergentes MG Fundo Mútuo de Investimento em Empresas Emergentes IDB Invest IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 4000000 4000000 4000000 MG Fundo Mútuo de Investimento em Empresas Emergentes Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3099A-02 IDB Invest Banco Procredit Ecuador Banco Procredit Ecuador IDB Invest IDB Invest Reyes, Sandra +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 3000000 3000000 3000000 Banco Procredit Ecuador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1109B-01 IDB Invest The proposed project consists of a US$2 million loan to Banco Interamericano de Finanzas S.A. (BIF). The loan proceeds will be used to provide financing to small and medium-size enterprises in Peru for their modernization and/or expansion. The companies must satisfy the eligibility criteria established by the IIC. The proposed project consists of a US$2 million loan to Banco Interamericano de Finanzas S.A. (BIF). The loan proceeds will be used to provide financing to small and medium-size enterprises in Peru for their modernization and/or expansion. The companies must satisfy the eligibility criteria established by the IIC. IDB Invest Banco Interamericano de Finanzas, S.A. IDB Invest Bettiol, Rita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 2000000 2000000 2000000 Banco Interamericano de Finanzas S A Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO1042A-01 IDB Invest Caracol Knits, S.A. de C.V.'s production facility is located in the municipality of Potrerillos, Cortés. The project consists of completing two industrial buildings and the machinery and infrastructure required for increasing production capacity by 80% over current capacity. The facilities include warehouses for storing raw materials, finished products, and spare parts, as well as a steam generation system with boilers operated on bunker and diesel fuel. The project also calls for an untreated sewage water treatment plant and a plant for treating domestic sewage and industrial wastewater from the dyeing process. By participating in the financial plan for expanding a successful textile company, the IIC will be providing support for the Honduran textile sector. The Company is a model in the Honduran textile industry that is adding value to traditional maquila operations by making greater industry integration and consolidation possible. The IIC's participation will complete the Company's financial package, thus enabling it to deliver on increasing product demand from an important international buyer. Caracol Knits, S.A. de C.V.'s production facility is located in the municipality of Potrerillos, Cortés. The project consists of completing two industrial buildings and the machinery and infrastructure required for increasing production capacity by 80% over current capacity. The facilities include warehouses for storing raw materials, finished products, and spare parts, as well as a steam generation system with boilers operated on bunker and diesel fuel. The project also calls for an untreated sewage water treatment plant and a plant for treating domestic sewage and industrial wastewater from the dyeing process. By participating in the financial plan for expanding a successful textile company, the IIC will be providing support for the Honduran textile sector. The Company is a model in the Honduran textile industry that is adding value to traditional maquila operations by making greater industry integration and consolidation possible. The IIC's participation will complete the Company's financial package, thus enabling it to deliver on increasing product demand from an important international buyer. IDB Invest Caracol Knits, S.A. de C.V. IDB Invest Perez Silva, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Manufacturing 4500000 4500000 4500000 Caracol Knits, S.A. de C.V II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO1032A-01 IDB Invest Project Description: The project consists of a seven-year loan of up to $4 million. The loan will be used to provide medium and long-term financing to small and medium-size companies; such financing is difficult to obtain in Honduras. The Bank will focus on granting subloans to companies that operate chiefly in the industrial, manufacturing, construction, agribusiness, and other eligible sectors. Project Description: The project consists of a seven-year loan of up to $4 million. The loan will be used to provide medium and long-term financing to small and medium-size companies; such financing is difficult to obtain in Honduras. The Bank will focus on granting subloans to companies that operate chiefly in the industrial, manufacturing, construction, agribusiness, and other eligible sectors. IDB Invest Banco FICENSA IDB Invest Echeverri, Ana Rosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Financial Institutions 4000000 4000000 4000000 Banco Financiera Centroamericana S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR1015A-01 IDB Invest Desarrollos Hoteleros Guanacaste Desarrollos Hoteleros Guanacaste IDB Invest IDB Invest Otarola, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Tourism 8000000 8000000 8000000 Desarrollos Hoteleros Guanacaste Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU1012A-01 IDB Invest Corporación Bananera, S.A. Corporación Bananera, S.A. IDB Invest IDB Invest Aguilar, Carlosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Agribusiness 10000000 10000000 10000000 Corporación Bananera, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1002A-01 IDB Invest AWIK Alimentos Selecionados S.A. AWIK Alimentos Selecionados S.A. IDB Invest IDB Invest Mahler, Mario +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Agribusiness 2000000 2000000 2000000 AWIK Alimentos Selecionados S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR0007A-01 IDB Invest Banco Aleman Paraguayo Banco Aleman Paraguayo IDB Invest IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 4000000 4000000 4000000 Banco Aleman Paraguayo Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR2384A-01 IDB Invest Fanapel produces chemical-pulp paper for printing and writing, coated and uncoated paper, wrapping paper, conversion paper, and special paper, as well as notebooks, envelopes, and folders. The manufacturing plant is located in the town of Juan Lacaze, Colonia Department, 150 km from the city of Montevideo; it is the largest paper manufacturer and one of the largest private companies in the country. Fanapel provides 480 direct jobs and a large number of indirect jobs; it is the main source of employment and development in Juan Lacaze, which has 13,000 inhabitants. The funding to be provided by the IIC seeks to improve the company's debt ratio by replacing some short-term liabilities and to assist Fanapel in fulfilling its debt reduction commitment with Banco de la República Oriental del Uruguay. Fanapel produces chemical-pulp paper for printing and writing, coated and uncoated paper, wrapping paper, conversion paper, and special paper, as well as notebooks, envelopes, and folders. The manufacturing plant is located in the town of Juan Lacaze, Colonia Department, 150 km from the city of Montevideo; it is the largest paper manufacturer and one of the largest private companies in the country. Fanapel provides 480 direct jobs and a large number of indirect jobs; it is the main source of employment and development in Juan Lacaze, which has 13,000 inhabitants. The funding to be provided by the IIC seeks to improve the company's debt ratio by replacing some short-term liabilities and to assist Fanapel in fulfilling its debt reduction commitment with Banco de la República Oriental del Uruguay. IDB Invest Fábrica Nacional de Papel S.A. IDB Invest Barsantini, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Agribusiness 4000000 4000000 4000000 Fábrica Nacional de Papel Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR3371A-01 IDB Invest Unibanco Unibanco IDB Invest IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 10000000 10000000 10000000 Unibanco Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN1006A-01 IDB Invest Financiera Delta Financiera Delta IDB Invest IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 3000000 3000000 3000000 Financiera Delta Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3918A-01 IDB Invest Energía Integral Andina Energía Integral Andina IDB Invest Energía Integral Andina IDB Invest De Narvaez, Olga Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Energy 8000000 8000000 8000000 Energía Integral Andina Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3877A-01 IDB Invest The purpose of the project is to provide financing to small and medium-size Mexican enterprises for working capital or for purchasing fixed assets and machinery originating in IIC member countries. The beneficiary companies shall not exceed US$20 million in assets or yearly revenue. The purpose of the project is to provide financing to small and medium-size Mexican enterprises for working capital or for purchasing fixed assets and machinery originating in IIC member countries. The beneficiary companies shall not exceed US$20 million in assets or yearly revenue. IDB Invest Banco Mercantil del Norte S.A. IDB Invest Reyes, Sandra +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 40000000 40000000 40000000 Banorte Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3825A-01 IDB Invest CNH Servicios Comerciales S.A. de CV SOFOL CNH Servicios Comerciales S.A. de CV SOFOL IDB Invest IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 3000000 3000000 3000000 CNH Servicios Comerciales S.A. de CV SOFOL Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR3828A-01 IDB Invest The IIC loan for up to US$2.2 million will be used primarily to finance the procurement of two tugboats for seagoing vessels. Lirio Blanco would provide towage support services for seagoing vessels entering the port of Punta Pereira, in Colonia Department, for the Montes del Plata project under an exclusive five-year contract beginning January 2013, renewable for two additional years, as well as towage support services for ships and barges entering the port of Nueva Palmira, in Soriano Department. The Montes del Plata project involves the construction of a cellulose pulp mill for processing eucalyptus from commercial tree farms. It encompasses the construction and operation of a cellulose mill producing on the order of 1.3 million metric tons of cellulose per year; a 160-megawatt biomass power generation facility; a river port terminal; barge terminals with wood storage yards; and a wood chipping plant. The cellulose mill will use elemental chlorine free (ECF) technology. The industrial facilities will be constructed in a free trade zone in Punta Pereira, some 190 kilometers west of Montevideo. Montes del Plata is the largest foreign investment in the history of Uruguay. The Inter-American Development Bank (IDB) is currently studying how to structure its financing. The IIC loan for up to US$2.2 million will be used primarily to finance the procurement of two tugboats for seagoing vessels. Lirio Blanco would provide towage support services for seagoing vessels entering the port of Punta Pereira, in Colonia Department, for the Montes del Plata project under an exclusive five-year contract beginning January 2013, renewable for two additional years, as well as towage support services for ships and barges entering the port of Nueva Palmira, in Soriano Department. The Montes del Plata project involves the construction of a cellulose pulp mill for processing eucalyptus from commercial tree farms. It encompasses the construction and operation of a cellulose mill producing on the order of 1.3 million metric tons of cellulose per year; a 160-megawatt biomass power generation facility; a river port terminal; barge terminals with wood storage yards; and a wood chipping plant. The cellulose mill will use elemental chlorine free (ECF) technology. The industrial facilities will be constructed in a free trade zone in Punta Pereira, some 190 kilometers west of Montevideo. Montes del Plata is the largest foreign investment in the history of Uruguay. The Inter-American Development Bank (IDB) is currently studying how to structure its financing. IDB Invest Lirio Blanco S.A. IDB Invest Domenech Pina, Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Transport 2200000 2200000 2200000 Lirio Blanco Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN1016B-01 IDB Invest Banco del Istmo Trade Banco del Istmo Trade IDB Invest IDB Invest Rincon, Margarita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 10000000 10000000 10000000 Banco del Istmo Trade Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3892A-02 IDB Invest Financiera Desyfin, S.A. provides factoring services, working capital loans, bid and performance bonds, revolving credit lines, pledge- and mortgage-backed loans, and time deposit and other financial services. Its target market is SMEs in Costa Rica, principally in the manufacturing, retail, and service sectors. Financiera Desyfin, S.A. is the largest finance company in Costa Rica in terms of assets. The purpose of this IIC project is to strengthen Desyfin’s equity position by purchasing up to one million dollars in preferred shares. This will enable Desyfin to expand its SME loan portfolio. Financiera Desyfin, S.A. provides factoring services, working capital loans, bid and performance bonds, revolving credit lines, pledge- and mortgage-backed loans, and time deposit and other financial services. Its target market is SMEs in Costa Rica, principally in the manufacturing, retail, and service sectors. Financiera Desyfin, S.A. is the largest finance company in Costa Rica in terms of assets. The purpose of this IIC project is to strengthen Desyfin’s equity position by purchasing up to one million dollars in preferred shares. This will enable Desyfin to expand its SME loan portfolio. IDB Invest Financiera Desyfin, S.A. IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 1000000 1000000 1000000 Financiera Desyfin S.A. II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR3740A-01 IDB Invest VdP is a Brazilian company that was established to carry out an investment project to plant sugar cane and build and operate a state-of-the-art sugar mill with a milling capacity of approximately 2.6 million tons per year to produce hydrated alcohol (fuel) and raw sugar. The Company is located in Suzanápolis, in the Western region of São Paulo state. VdP’s shareholders are: (i) Unialco S.A. of Brazil, with 50%; (ii) Pantaleón Sugar Holdings Company Limited (PSH) of Guatemala, with 25%; and (iii) Inversiones Manuelita S.A. (Manuelita) of Colombia, with 25%. PSH and Manuelita participate indirectly in VdP through equal participation in Colgua Investments S.A., an investment company headquartered in Panama that holds 50% of VdP’s shares. The investment project was designed to be executed in two phases: (i) Phase I - Plant sugar cane and build the sugar mill and the distillery to produce hydrated alcohol; and (ii) Phase II - Expand sugar cane plantations and build a raw sugar processing plant (both phases hereinafter referred to as the "Project"). As of March 2008, VdP had completed Phase I of the Project; alcohol production is slated to begin in July 2008. Phase I of the Project was financed with shareholder capital contributions and with financing provided by the International Finance Corporation (IFC). IIC funds will be used to partially finance Phase II, scheduled to begin in the second semester of 2008. In 2008 and 2009, the Company will only produce hydrated alcohol; raw sugar production will begin in 2010. It is expected that the Project will be fully operational in 2011 with an estimated annual production of approximately 105,000 m³ of hydrated alcohol (for the domestic market) and 160,000 tons of raw sugar (for export). Input for the Project will come from 27,000 hectares of sugar cane, 51% of which will be grown by the Company on leased land; the remaining 49% will be sourced from third-party supplier partners. The Company intends to use 50% of the sugar cane for hydrated alcohol production and the other 50% for raw sugar production. VdP is a Brazilian company that was established to carry out an investment project to plant sugar cane and build and operate a state-of-the-art sugar mill with a milling capacity of approximately 2.6 million tons per year to produce hydrated alcohol (fuel) and raw sugar. The Company is located in Suzanápolis, in the Western region of São Paulo state. VdP’s shareholders are: (i) Unialco S.A. of Brazil, with 50%; (ii) Pantaleón Sugar Holdings Company Limited (PSH) of Guatemala, with 25%; and (iii) Inversiones Manuelita S.A. (Manuelita) of Colombia, with 25%. PSH and Manuelita participate indirectly in VdP through equal participation in Colgua Investments S.A., an investment company headquartered in Panama that holds 50% of VdP’s shares. The investment project was designed to be executed in two phases: (i) Phase I - Plant sugar cane and build the sugar mill and the distillery to produce hydrated alcohol; and (ii) Phase II - Expand sugar cane plantations and build a raw sugar processing plant (both phases hereinafter referred to as the "Project"). As of March 2008, VdP had completed Phase I of the Project; alcohol production is slated to begin in July 2008. Phase I of the Project was financed with shareholder capital contributions and with financing provided by the International Finance Corporation (IFC). IIC funds will be used to partially finance Phase II, scheduled to begin in the second semester of 2008. In 2008 and 2009, the Company will only produce hydrated alcohol; raw sugar production will begin in 2010. It is expected that the Project will be fully operational in 2011 with an estimated annual production of approximately 105,000 m³ of hydrated alcohol (for the domestic market) and 160,000 tons of raw sugar (for export). Input for the Project will come from 27,000 hectares of sugar cane, 51% of which will be grown by the Company on leased land; the remaining 49% will be sourced from third-party supplier partners. The Company intends to use 50% of the sugar cane for hydrated alcohol production and the other 50% for raw sugar production. IDB Invest Vale do Paraná S.A. IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Agribusiness 15000000 15000000 15000000 Vale do Paraná S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME1126A-01 IDB Invest Grupo Manati, S.A. de C.V.-Las Velas Grupo Manati, S.A. de C.V.-Las Velas IDB Invest IDB Invest Arizu, Sotero +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Tourism 8000000 8000000 8000000 Grupo Manati, S.A. de C.V.-Las Velas Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME0022A-01 IDB Invest Ecologia y Recursos Asociados, S.A. DE C.V. Ecologia y Recursos Asociados, S.A. DE C.V. IDB Invest IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Social Infrastructure 4000000 4000000 4000000 Ecologia y Recursos Asociados, S.A. DE C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3879A-01 IDB Invest Ecofair Ecofair IDB Invest IDB Invest Hernandez, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Agribusiness 2000000 2000000 2000000 Ecofair Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3817A-02 IDB Invest Agrofinanzas S.A. de CV SOFOL Agrofinanzas S.A. de CV SOFOL IDB Invest IDB Invest Perez Silva, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 2500000 2500000 2500000 Agrofinanzas S.A. de CV SOFOL Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR1037B-01 IDB Invest Agency line arrangement for a total amount of US$15 million in which Banco Popular Dominicano will identify, evaluate, structure, and supervise loans to small and medium scale companies that are majority-owned by citizens of the region. Under the terms of the agency line, IIC and Banco Popular Dominicano will each on-lend an equal amount of between US$300,000 and US$1,500,000 to eligible Dominican companies. Agency line arrangement for a total amount of US$15 million in which Banco Popular Dominicano will identify, evaluate, structure, and supervise loans to small and medium scale companies that are majority-owned by citizens of the region. Under the terms of the agency line, IIC and Banco Popular Dominicano will each on-lend an equal amount of between US$300,000 and US$1,500,000 to eligible Dominican companies. IDB Invest Banco Popular Dominicano IDB Invest Oradei-Bayz, Laura +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Financial Institutions 15000000 15000000 15000000 Banco Popular Dominicano Agency Line Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1115A-01 IDB Invest The Project, which has a total cost of US$18.7 million, consists of expanding and modernizing Tecnofil's copper manufacturing facilities, as well as providing the necessary working capital to expand its sales (the "Project"). A new production line, which will provide additional production capacity, capable of producing copper products in a more efficient manner will be installed. New equipment will also be installed as part of the project in existing production lines to increase productivity and improve efficiency. The increased production capacity and availability of permanent working capital supplied by the Project will permit the company to expand its average monthly sales volume from close to 1,200 MT to some 1,780 MT in order to accommodate increasing market opportunities stemming out of the Company's diversification efforts. The recent take-or-pay supply agreement with General Electric, an increase in orders from existing Tecnofil customers, and purchases from new clients have contributed to the increased demand and resulted in a capacity constraint faced by the Company. As part of the financial plan, the IIC will provide a US$5.0 million long-term loan to help fund the Project. The Project, which has a total cost of US$18.7 million, consists of expanding and modernizing Tecnofil's copper manufacturing facilities, as well as providing the necessary working capital to expand its sales (the "Project"). A new production line, which will provide additional production capacity, capable of producing copper products in a more efficient manner will be installed. New equipment will also be installed as part of the project in existing production lines to increase productivity and improve efficiency. The increased production capacity and availability of permanent working capital supplied by the Project will permit the company to expand its average monthly sales volume from close to 1,200 MT to some 1,780 MT in order to accommodate increasing market opportunities stemming out of the Company's diversification efforts. The recent take-or-pay supply agreement with General Electric, an increase in orders from existing Tecnofil customers, and purchases from new clients have contributed to the increased demand and resulted in a capacity constraint faced by the Company. As part of the financial plan, the IIC will provide a US$5.0 million long-term loan to help fund the Project. IDB Invest TECNOFIL, S.A. IDB Invest Perez Silva, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Manufacturing 5000000 5000000 5000000 Tecnofil S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-JA1007A-01 IDB Invest Jamaica Production Fund Jamaica Production Fund IDB Invest IDB Invest Desai, Rahul +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Financial Institutions 1518000 1518000 1518000 Jamaica Production Fund Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3170A-01 IDB Invest With its participation, the IIC seeks to improve the risk profile of a bond issue (certificados bursátiles) to be carried out by Cablemás S.A. de C.V. by obtaining better financing terms and conditions for the company. By introducing a new product such as partial loan guarantees, the IIC also seeks to boost financial intermediation and foster savings in the local financial market. IIC's participation also opens the door to long-term financing in local currency for companies that are not necessarily exporters. With its participation, the IIC seeks to improve the risk profile of a bond issue (certificados bursátiles) to be carried out by Cablemás S.A. de C.V. by obtaining better financing terms and conditions for the company. By introducing a new product such as partial loan guarantees, the IIC also seeks to boost financial intermediation and foster savings in the local financial market. IIC's participation also opens the door to long-term financing in local currency for companies that are not necessarily exporters. IDB Invest Cablemás S.A. de C.V. IDB Invest Otarola, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Digital Economy 9700000 9700000 9700000 Cablemas Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3770A-01 IDB Invest Medicina de Atencion Integral, S.A. Medicina de Atencion Integral, S.A. IDB Invest IDB Invest Jiron, Johnny +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Social Infrastructure 120000 120000 120000 Medicina de Atencion Integral, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3804A-01 IDB Invest Cafetalera Castellon, S.A. Cafetalera Castellon, S.A. IDB Invest IDB Invest Jiron, Johnny +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Agribusiness 100000 100000 100000 Cafetalera Castellon, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR3902A-01 IDB Invest Agricola San Marcos Agricola San Marcos IDB Invest IDB Invest Lesme, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Agribusiness 600000 600000 600000 Agricola San Marcos Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3833A-01 IDB Invest This operation consists of a US$7.0 million loan to Compañía Cervecera de Nicaragua S.A. (CCN) to finance working capital and support the growth of the company’s operations. The loan will enable CCN to avoid halting operations because of the regional credit crunch triggered by the worldwide financial crisis. The project includes technical assistance for assessing the feasibility of expanding the wastewater treatment plant and for increasing the production and use of biogas to help save energy. This operation consists of a US$7.0 million loan to Compañía Cervecera de Nicaragua S.A. (CCN) to finance working capital and support the growth of the company’s operations. The loan will enable CCN to avoid halting operations because of the regional credit crunch triggered by the worldwide financial crisis. The project includes technical assistance for assessing the feasibility of expanding the wastewater treatment plant and for increasing the production and use of biogas to help save energy. IDB Invest Compañía Cervecera de Nicaragua S.A. IDB Invest Mazariegos, Anayansi +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Manufacturing 7000000 7000000 7000000 Compañía Cervecera de Nicaragua S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3904A-01 IDB Invest Ujarras Ujarras IDB Invest IDB Invest Fonseca, Juan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Manufacturing 100000 100000 100000 Ujarras Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3844A-01 IDB Invest Salnicsa Salnicsa IDB Invest IDB Invest Mayorga, Luisa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Manufacturing 154000 154000 154000 Salnicsa Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3846A-01 IDB Invest GINSA is related to Grupo Viz de México (Sukarne, www.sukarne.com.mx). Founded in 2008, it is located in Villa El Carmen township, approximately 35 kilometers from Managua. GINSA is a beef producer; in addition to its cattle-raising operations it has feedlots, a feed storage and processing plant, and facilities for transporting, handling, buying, and selling cattle. It also has several strategically located cattle assembly points throughout Nicaragua. Grupo Viz, with its Sukarne brand, is an integrated animal protein producer and Mexico’s largest beef producer, posting over US$300 million a year in exports to the United States, Japan, Russia, South Korea, and other international markets. Headquartered in Culiacán, in the State of Sinaloa, Grupo Viz has four production facilities in Mexico and a nationwide distribution and marketing network, also in Mexico. The IIC loan, comprising an A loan of up to US$10 million and a B loan of up to US$13 million, will be used to finance GINSA’s initial operating phase, i.e., setting up and operating a facility for processing approximately 45,000 head of cattle per year. GINSA will benefit from technical assistance, know-how, and marketing and export support provided by Grupo Viz in Mexico. Nicaragua is a major agribusiness producer in Central America, posting cattle production and beef export surpluses. The IIC loan will complement foreign investment in Nicaragua, help create jobs, and boost an important sector of the domestic economy. In 2009 Nicaragua exported US$231 million worth of beef—its number two export. Grupo Viz, through GINSA, has been sharing information and expertise with Nicaragua’s cattle and beef industry and trade associations, as well as with government agencies. GINSA is related to Grupo Viz de México (Sukarne, www.sukarne.com.mx). Founded in 2008, it is located in Villa El Carmen township, approximately 35 kilometers from Managua. GINSA is a beef producer; in addition to its cattle-raising operations it has feedlots, a feed storage and processing plant, and facilities for transporting, handling, buying, and selling cattle. It also has several strategically located cattle assembly points throughout Nicaragua. Grupo Viz, with its Sukarne brand, is an integrated animal protein producer and Mexico’s largest beef producer, posting over US$300 million a year in exports to the United States, Japan, Russia, South Korea, and other international markets. Headquartered in Culiacán, in the State of Sinaloa, Grupo Viz has four production facilities in Mexico and a nationwide distribution and marketing network, also in Mexico. The IIC loan, comprising an A loan of up to US$10 million and a B loan of up to US$13 million, will be used to finance GINSA’s initial operating phase, i.e., setting up and operating a facility for processing approximately 45,000 head of cattle per year. GINSA will benefit from technical assistance, know-how, and marketing and export support provided by Grupo Viz in Mexico. Nicaragua is a major agribusiness producer in Central America, posting cattle production and beef export surpluses. The IIC loan will complement foreign investment in Nicaragua, help create jobs, and boost an important sector of the domestic economy. In 2009 Nicaragua exported US$231 million worth of beef—its number two export. Grupo Viz, through GINSA, has been sharing information and expertise with Nicaragua’s cattle and beef industry and trade associations, as well as with government agencies. IDB Invest GINSA IDB Invest Perez, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Agribusiness 10000000 10000000 10000000 Ganadería Integral de Nicaragua, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC1007B-01 IDB Invest Compañía Agrícola e Industrial Ecuaplantation S.A. (the "Project") processes tropical fruit into purée, juice, concentrate, and other products at its industrial plant in Guayaquil, Ecuador, for export to international markets. The IIC loan will be used to finance the company's working capital requirements and to implement an environmental solution aimed at decreasing the remaining pollutant load in its industrial effluents. Compañía Agrícola e Industrial Ecuaplantation S.A. (the "Project") processes tropical fruit into purée, juice, concentrate, and other products at its industrial plant in Guayaquil, Ecuador, for export to international markets. The IIC loan will be used to finance the company's working capital requirements and to implement an environmental solution aimed at decreasing the remaining pollutant load in its industrial effluents. IDB Invest Compañía Agrícola e Industrial Ecuaplantation S.A. IDB Invest Rico, Ricardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Agribusiness 2200000 2200000 2200000 Compañía Agrícola e Industrial Ecuaplantation S.A. II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU1031A-01 IDB Invest Facto-Rent Facto-Rent IDB Invest IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Financial Institutions 3500000 3500000 3500000 Facto-Rent Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1113A-01 IDB Invest The purpose of the project is to provide funding to meet medium-and long-term financing requirements through finance lease operations with small and medium-size Peruvian companies. The IIC will provide a five-year, US$5 million line of credit to be used for providing medium-term financing to small and medium-size Peruvian companies. The purpose of the project is to provide funding to meet medium-and long-term financing requirements through finance lease operations with small and medium-size Peruvian companies. The IIC will provide a five-year, US$5 million line of credit to be used for providing medium-term financing to small and medium-size Peruvian companies. IDB Invest América Leasing, S.A. IDB Invest Rincon, Margarita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 5000000 5000000 5000000 America Leasing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1075A-01 IDB Invest Injepet Embalagens Ltda. Injepet Embalagens Ltda. IDB Invest IDB Invest Barsantini, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Manufacturing 8000000 8000000 8000000 Injepet Embalagens Ltda. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR1023A-01 IDB Invest Banco Mercantil, S.A. Banco Mercantil, S.A. IDB Invest IDB Invest Ordonez, Rigoberto +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Financial Institutions 3500000 3500000 3500000 Banco Mercantil, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR3911A-01 IDB Invest MEDA,1 one of the project’s main sponsors, is a nongovernmental organization (NGO) that supports socioeconomic development programs in several Latin American countries, as well as countries in southern Africa and the former Soviet Union. MEDA Paraguay ("MEDA Py") was created in 1996 to bring together businesspeople interested in investing in agribusinesses in Paraguay. Its goal is to fight poverty and strengthen the economic and social fabric. The organization has developed successful socioeconomic models in other parts of the country targeting areas with the largest population of small farmers. The project consists of building an agribusiness plant to produce ethanol (fuel alcohol) from processed sugar cane and/or cassava with a production capacity of 40,000 liters of alcohol per day (some 12 million liters per year when operating at full capacity). The plant will be located in north central Paraguay, in the department of San Pedro. It also involves planting some 400 hectares of sugar cane to supply about 35%-40% of the sugar cane required as a raw material. The project is expected to directly benefit at least 400 sugar cane producers and 500 cassava producers, all of them local. The IIC loan would be used to finance part of the industrial plant and the agricultural production module. The loan proposed by the IIC is long-term, with a grace period of up to two years. Such a repayment term is extremely advantageous for the project given the kind of investment required and the time required to reach maturity and the breakeven point. 1 (MEDA stands for "Mennonite Economic Development Associates". http://www.meda.org/) MEDA,1 one of the project’s main sponsors, is a nongovernmental organization (NGO) that supports socioeconomic development programs in several Latin American countries, as well as countries in southern Africa and the former Soviet Union. MEDA Paraguay ("MEDA Py") was created in 1996 to bring together businesspeople interested in investing in agribusinesses in Paraguay. Its goal is to fight poverty and strengthen the economic and social fabric. The organization has developed successful socioeconomic models in other parts of the country targeting areas with the largest population of small farmers. The project consists of building an agribusiness plant to produce ethanol (fuel alcohol) from processed sugar cane and/or cassava with a production capacity of 40,000 liters of alcohol per day (some 12 million liters per year when operating at full capacity). The plant will be located in north central Paraguay, in the department of San Pedro. It also involves planting some 400 hectares of sugar cane to supply about 35%-40% of the sugar cane required as a raw material. The project is expected to directly benefit at least 400 sugar cane producers and 500 cassava producers, all of them local. The IIC loan would be used to finance part of the industrial plant and the agricultural production module. The loan proposed by the IIC is long-term, with a grace period of up to two years. Such a repayment term is extremely advantageous for the project given the kind of investment required and the time required to reach maturity and the breakeven point. 1 (MEDA stands for "Mennonite Economic Development Associates". http://www.meda.org/) IDB Invest Energía Renovable del Paraguay S.A.E. (ERPAR) IDB Invest Lesme, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Agribusiness 1800000 1800000 1800000 ERPAR SAE Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3874A-01 IDB Invest The project consists of providing Citibank del Perú, S.A. ("Citi" or "Citibank") with a guaranty that will enable it to provide financing for a major food distribution company. This company will pass the benefit on to its small and medium-size suppliers in order to decrease their financing costs and enable them to invest in improving product quality and cut delivery times. The IIC’s guaranty for Citibank would enable this leading financial institution to broaden a program that currently exists with a select group of clients, in order to strengthen supply chains by providing companies with financing for working capital. Companies—principally small and medium-size producers—will thus have a way to improve their liquidity on better terms. Citibank has had this working capital financing program for supporting select clients’ supply chains for almost eight years. However, the way the program was designed has kept interested smaller suppliers from benefiting because the credit lines for clients under the program have reached their limit. The goal is therefore to extend the line for small and medium-size companies only, with a guaranty from the IIC enabling Citi to hedge its losses in the event of client default. The project consists of providing Citibank del Perú, S.A. ("Citi" or "Citibank") with a guaranty that will enable it to provide financing for a major food distribution company. This company will pass the benefit on to its small and medium-size suppliers in order to decrease their financing costs and enable them to invest in improving product quality and cut delivery times. The IIC’s guaranty for Citibank would enable this leading financial institution to broaden a program that currently exists with a select group of clients, in order to strengthen supply chains by providing companies with financing for working capital. Companies—principally small and medium-size producers—will thus have a way to improve their liquidity on better terms. Citibank has had this working capital financing program for supporting select clients’ supply chains for almost eight years. However, the way the program was designed has kept interested smaller suppliers from benefiting because the credit lines for clients under the program have reached their limit. The goal is therefore to extend the line for small and medium-size companies only, with a guaranty from the IIC enabling Citi to hedge its losses in the event of client default. IDB Invest Citibank del Perú, S.A. IDB Invest De Narvaez, Olga Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Manufacturing 20000000 20000000 20000000 Grupo de Supermercados Wong Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3892A-01 IDB Invest Financiera Desyfin S.A. is one of Costa Rica’s major factoring companies. It works mainly with small and medium-size Costa Rican enterprises. The purpose of this IIC project is to support Financiera Desyfin’s lending activities and fund the growth of its credit portfolio. The IIC loan would enable Desyfin to diversify its sources of funding and complement the support the company has received from the Multilateral Investment Fund. Financiera Desyfin S.A. is one of Costa Rica’s major factoring companies. It works mainly with small and medium-size Costa Rican enterprises. The purpose of this IIC project is to support Financiera Desyfin’s lending activities and fund the growth of its credit portfolio. The IIC loan would enable Desyfin to diversify its sources of funding and complement the support the company has received from the Multilateral Investment Fund. IDB Invest Financiera Desyfin S.A. IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 2000000 2000000 2000000 Financiera Desyfin Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3854A-01 IDB Invest The project consists of a corporate loan to be used for funding permanent working capital requirements, principally inventory and accounts receivable. The loan will support growth and development plans for Comercial Kywi stores in Ecuador’s main cities. Kywi sells competitively-priced hardware products and construction and remodeling materials to all economic sectors in Ecuador. Kywi’s stores have a long, successful track record in Ecuador’s hardware and construction industries. They have grown significantly over the past few years with the opening of new, strategically located stores as well as large stores that offer a varied range of products. Comercial Kywi is a Corporación La Favorita group company; Corporación La Favorita is a leader in the supermarket and retail consumer product sector. The project consists of a corporate loan to be used for funding permanent working capital requirements, principally inventory and accounts receivable. The loan will support growth and development plans for Comercial Kywi stores in Ecuador’s main cities. Kywi sells competitively-priced hardware products and construction and remodeling materials to all economic sectors in Ecuador. Kywi’s stores have a long, successful track record in Ecuador’s hardware and construction industries. They have grown significantly over the past few years with the opening of new, strategically located stores as well as large stores that offer a varied range of products. Comercial Kywi is a Corporación La Favorita group company; Corporación La Favorita is a leader in the supermarket and retail consumer product sector. IDB Invest COMERCIAL KYWI S.A. IDB Invest Hernandez, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing 6000000 6000000 6000000 Comercial Kywi S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3737A-02 IDB Invest Corrugadora de Costa Rica S.A. is a Grupo CYBSA company that produces corrugated boxes. The purpose of the project is to improve the company’s cash flow by providing financing for permanent working capital, releasing revolving credit lines for financing the company’s seasonal and short-term growth. The IIC loan to Cocorisa entails two significant benefits. It provides financing that is otherwise scarce and difficult to obtain in Costa Rica. The loan will also support an industry that has a significant value-added component because it provides indirect support for Costa Rica’s export sector—especially for agricultural exports, which need differentiated packaging to protect perishable products. Corrugadora de Costa Rica S.A. is a Grupo CYBSA company that produces corrugated boxes. The purpose of the project is to improve the company’s cash flow by providing financing for permanent working capital, releasing revolving credit lines for financing the company’s seasonal and short-term growth. The IIC loan to Cocorisa entails two significant benefits. It provides financing that is otherwise scarce and difficult to obtain in Costa Rica. The loan will also support an industry that has a significant value-added component because it provides indirect support for Costa Rica’s export sector—especially for agricultural exports, which need differentiated packaging to protect perishable products. IDB Invest Corrugadora de Costa Rica S.A. IDB Invest Fonseca, Juan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Manufacturing 1500000 1500000 1500000 Cocorisa II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3884A-01 IDB Invest Granja Tres Arroyos is an Argentine-owned company that breeds and raises chickens. Its production has grown 84% over the past five years; in 2008 it processed some 375,000 chickens a day. GTA, the largest producer of poultry meat in Argentina, sells its products on the domestic and international markets and exports approximately 35% of its production. GTA’s payroll has grown at a steady pace and totaled more than 3,000 people in December 2008. The IIC would be providing financial support for GTA in the form of an US$8 million loan that would be used principally to fund GTA’s investment plan. GTA’s vertical integration encompasses the entire supply chain, so investments must be made in virtually all stages of the production process. For this reason the IIC project will seek to help GTA expand its breeding, laying, hatchery, feed, processed products, and slaughter operations in order to increase its production capacity and add more value added products to its product mix. Granja Tres Arroyos is an Argentine-owned company that breeds and raises chickens. Its production has grown 84% over the past five years; in 2008 it processed some 375,000 chickens a day. GTA, the largest producer of poultry meat in Argentina, sells its products on the domestic and international markets and exports approximately 35% of its production. GTA’s payroll has grown at a steady pace and totaled more than 3,000 people in December 2008. The IIC would be providing financial support for GTA in the form of an US$8 million loan that would be used principally to fund GTA’s investment plan. GTA’s vertical integration encompasses the entire supply chain, so investments must be made in virtually all stages of the production process. For this reason the IIC project will seek to help GTA expand its breeding, laying, hatchery, feed, processed products, and slaughter operations in order to increase its production capacity and add more value added products to its product mix. IDB Invest Granja Tres Arroyos S.A. IDB Invest Corredera Silvan, Martin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Agribusiness 8000000 8000000 8000000 Granja Tres Arroyos Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR3922A-01 IDB Invest Molino Asunceno Alberto Heilbrunn, S.A. Molino Asunceno Alberto Heilbrunn, S.A. IDB Invest IDB Invest Lesme, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Manufacturing 200000 200000 200000 Molino Asunceno Alberto Heilbrunn, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3041A-02 IDB Invest BAC San José, S.A. is one of Costa Rica’s major commercial banks. It provides a full line of financial services to companies and individuals alike. The purpose of the IIC project is to support the bank’s lending activities and partially fund the growth of its SME portfolio. The IIC’s US$25 million loan will enable the bank to expand its sources of medium-term funding. BAC San José, S.A. is one of Costa Rica’s major commercial banks. It provides a full line of financial services to companies and individuals alike. The purpose of the IIC project is to support the bank’s lending activities and partially fund the growth of its SME portfolio. The IIC’s US$25 million loan will enable the bank to expand its sources of medium-term funding. IDB Invest BAC San José, S.A. IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 25000000 25000000 25000000 BAC San José S.A. II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR3728A-02 IDB Invest The project consists of a loan for US$15 million to Banco Daycoval S.A. The proceeds will be used to provide financing to eligible small and medium-size enterprises in Brazil for general corporate purposes, including working capital and revolving credit facilities. Eligible enterprises shall not exceed US$20 million in assets or yearly revenue. The project consists of a loan for US$15 million to Banco Daycoval S.A. The proceeds will be used to provide financing to eligible small and medium-size enterprises in Brazil for general corporate purposes, including working capital and revolving credit facilities. Eligible enterprises shall not exceed US$20 million in assets or yearly revenue. IDB Invest Banco Daycoval S.A. IDB Invest Rincon, Margarita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 15000000 15000000 15000000 Daycoval II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3906A-01 IDB Invest Airplan is a company established for the purpose of operating a concession agreement. It handles the operations, business affairs, upgrading, and maintenance of six airports in northwestern Colombia, in the cities of Medellín, Rionegro, Quibdó, Montería, Carepa, and Corozal. The six airports are Olaya Herrera in Medellín, José María Córdova in Rionegro, El Caraño in Quibdó, Los Garzones in Montería, Antonio Roldán in Carepa, and Las Brujas in Corozal. In 2009, a total of 4.3 million passengers traveled through the six airports, which account for 17% of Colombia’s total air traffic. Of the six airports, the two main ones—those in Rionegro and Medellín—handle 83% of the passengers and service air traffic for the city of Medellín and surrounding areas, with a total population of over 3 million people. The other four airports are located in small and medium-size cities with populations that range between 40,000 and 400,000. The primary activities in these cities are fisheries, livestock, agribusiness, mining, and trade. Of the six airports under the concession agreement, Rionegro is the only international one. The project sponsors are Supertiendas y Droguerías Olímpica S.A., Portales Urbanos S.A., and Sociedad Colombiana de Inversiones Comerciales S.A., which focuses in the supermarket, real estate, and construction business; Fernando Mazuera y Cía. S.A., Malibú S.A., and Noarco S.A., which are construction companies; CAH de Colombia S.A., a subsidiary of Capital Airports Holding Company, China’s main airport group, with ample experience in operating airports of varying sizes; and two information technology companies, Información y Tecnología S.A., and Intelred. The estimated total investment during the term of the concession agreement is approximately US$180 million, for equipping and improving the terminal and ramps, as well as maintaining the runways. Of the total investment, approximately US$140 million will be used during the first five years of the concession agreement. The remaining US$40 million will be used for resurfacing the six runways twice, at 45% and 90% of expected income, respectively. With this operation, the IIC will be supporting the development and modernization of airport infrastructure in six Colombian cities, generating a significant economic impact, especially in the small and medium-size cities. It is also expected that the concession will improve passenger and cargo handling quality and efficiency. In addition, the Rionegro and Medellín airports will be operated in accordance with international standards and in keeping with IATA’s Class B, which is a positive feature for developing the national economy and the regional economy spanning Colombia’s northwestern departments. The proposed operation consists of a loan of up to US$15,000,000. Airplan is a company established for the purpose of operating a concession agreement. It handles the operations, business affairs, upgrading, and maintenance of six airports in northwestern Colombia, in the cities of Medellín, Rionegro, Quibdó, Montería, Carepa, and Corozal. The six airports are Olaya Herrera in Medellín, José María Córdova in Rionegro, El Caraño in Quibdó, Los Garzones in Montería, Antonio Roldán in Carepa, and Las Brujas in Corozal. In 2009, a total of 4.3 million passengers traveled through the six airports, which account for 17% of Colombia’s total air traffic. Of the six airports, the two main ones—those in Rionegro and Medellín—handle 83% of the passengers and service air traffic for the city of Medellín and surrounding areas, with a total population of over 3 million people. The other four airports are located in small and medium-size cities with populations that range between 40,000 and 400,000. The primary activities in these cities are fisheries, livestock, agribusiness, mining, and trade. Of the six airports under the concession agreement, Rionegro is the only international one. The project sponsors are Supertiendas y Droguerías Olímpica S.A., Portales Urbanos S.A., and Sociedad Colombiana de Inversiones Comerciales S.A., which focuses in the supermarket, real estate, and construction business; Fernando Mazuera y Cía. S.A., Malibú S.A., and Noarco S.A., which are construction companies; CAH de Colombia S.A., a subsidiary of Capital Airports Holding Company, China’s main airport group, with ample experience in operating airports of varying sizes; and two information technology companies, Información y Tecnología S.A., and Intelred. The estimated total investment during the term of the concession agreement is approximately US$180 million, for equipping and improving the terminal and ramps, as well as maintaining the runways. Of the total investment, approximately US$140 million will be used during the first five years of the concession agreement. The remaining US$40 million will be used for resurfacing the six runways twice, at 45% and 90% of expected income, respectively. With this operation, the IIC will be supporting the development and modernization of airport infrastructure in six Colombian cities, generating a significant economic impact, especially in the small and medium-size cities. It is also expected that the concession will improve passenger and cargo handling quality and efficiency. In addition, the Rionegro and Medellín airports will be operated in accordance with international standards and in keeping with IATA’s Class B, which is a positive feature for developing the national economy and the regional economy spanning Colombia’s northwestern departments. The proposed operation consists of a loan of up to US$15,000,000. IDB Invest Sociedad Operadora de Aeropuertos Centro Norte S.A. ("Airplan") IDB Invest De Narvaez, Olga Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Energy 10000000 10000000 10000000 Sociedad Operadora de Aeropuertos Centro Norte Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1129A-06 IDB Invest The project consists of an A Loan for US$30 million and a B Loan for US$170 million to Banco Rabobank International Brasil S.A. The loan proceeds will be used to provide financing to SMEs, mainly from the agricultural and agribusinesses sector, and to acquire quotas of receivable funds from companies with commercial relations with SMEs in Brazil. Eligible enterprises shall not exceed US$20 million in assets or yearly revenue. The project consists of an A Loan for US$30 million and a B Loan for US$170 million to Banco Rabobank International Brasil S.A. The loan proceeds will be used to provide financing to SMEs, mainly from the agricultural and agribusinesses sector, and to acquire quotas of receivable funds from companies with commercial relations with SMEs in Brazil. Eligible enterprises shall not exceed US$20 million in assets or yearly revenue. IDB Invest Banco Rabobank International Brasil S.A. IDB Invest Rincon, Margarita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 30000000 30000000 30000000 Rabobank BR VI Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR3728A-01 IDB Invest The objective of this project is to finance eligible projects via loans to eligible enterprises in Brazil that meet IIC and Banco Daycoval´s loan eligibility criteria and environmental and labor requirements. These small and medium-size enterprises (SMEs) in Brazil require either medium- or long-term financing in order to carry out their operations. Financing with 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 project is to finance eligible projects via loans to eligible enterprises in Brazil that meet IIC and Banco Daycoval´s loan eligibility criteria and environmental and labor requirements. These small and medium-size enterprises (SMEs) in Brazil require either medium- or long-term financing in order to carry out their operations. Financing with 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. IDB Invest Banco Daycoval S.A. IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 12500000 12500000 12500000 Daycoval Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3880A-02 IDB Invest The goal of this financing by the IIC is to support Banco Santander Perú S.A.’s lending activities through a medium-term loan. The proceeds of the loan will be used to provide financing to eligible small and medium-size enterprises in Peru to meet their working capital needs. The goal of this financing by the IIC is to support Banco Santander Perú S.A.’s lending activities through a medium-term loan. The proceeds of the loan will be used to provide financing to eligible small and medium-size enterprises in Peru to meet their working capital needs. IDB Invest Banco Santander Perú S.A. IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 15000000 15000000 15000000 Banco Santander Perú Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3921A-01 IDB Invest The project consists of supporting Desler Argentina’s expansion into Colombia by purchasing two centrifuges with rotary vacuum-drum filters. In Colombia, the service will consist of addressing water storage and recovery tank maintenance problems in the oil industry. The purpose of this IIC operation is to provide financing to Desler for country diversification, through the expansion of its effluent treatment business from Argentina to Colombia. The funds will be used to procure equipment and for working capital. Desler S.A. is an Argentinian company that began operations in 1993. Its main activities are the disposal of solid medical and industrial waste and effluent treatment. Desler began operating its pathogenic waste and industrial waste plants in 1993 and 1994, respectively. In subsequent years, Desler entered into agreements and strategic partnerships that enabled it to deliver additional, higher-quality services. The company’s industrial services and water services divisions were created in 2003 and 2004, respectively. The project consists of supporting Desler Argentina’s expansion into Colombia by purchasing two centrifuges with rotary vacuum-drum filters. In Colombia, the service will consist of addressing water storage and recovery tank maintenance problems in the oil industry. The purpose of this IIC operation is to provide financing to Desler for country diversification, through the expansion of its effluent treatment business from Argentina to Colombia. The funds will be used to procure equipment and for working capital. Desler S.A. is an Argentinian company that began operations in 1993. Its main activities are the disposal of solid medical and industrial waste and effluent treatment. Desler began operating its pathogenic waste and industrial waste plants in 1993 and 1994, respectively. In subsequent years, Desler entered into agreements and strategic partnerships that enabled it to deliver additional, higher-quality services. The company’s industrial services and water services divisions were created in 2003 and 2004, respectively. IDB Invest Desler Colombia S.A.S. IDB Invest Ciurlizza, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Energy 700000 700000 700000 Desler Colombia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR3826A-01 IDB Invest The IIC loan for up to US$6.5 million will be used primarily to finance the construction and procurement of four river barges each with a capacity of 5,500 metric tons, and two tugboats. Orofran would provide riverine log transport services for the Montes del Plata project from its M’Bopicua logistics terminal, in Soriano Department, to the port of Punta Pereira, in Colonia Department, some 150 kilometers south via the Uruguay River, under a five-year riverine transport contract, renewable for two additional years. The Montes del Plata project involves the construction of a cellulose pulp mill for processing eucalyptus from commercial tree farms. It encompasses the construction and operation of a cellulose mill producing on the order of 1.3 million metric tons of cellulose per year; a 160-megawatt biomass power generation facility; a river port terminal; barge terminals with wood storage yards; and a wood chipping plant. The cellulose mill will use elemental chlorine free (ECF) technology. The industrial facilities will be constructed in a free trade zone in Punta Pereira, some 190 kilometers west of Montevideo. Montes del Plata is the largest foreign investment in the history of Uruguay. The Inter-American Development Bank (IDB) is currently studying how to structure its financing. The IIC loan for up to US$6.5 million will be used primarily to finance the construction and procurement of four river barges each with a capacity of 5,500 metric tons, and two tugboats. Orofran would provide riverine log transport services for the Montes del Plata project from its M’Bopicua logistics terminal, in Soriano Department, to the port of Punta Pereira, in Colonia Department, some 150 kilometers south via the Uruguay River, under a five-year riverine transport contract, renewable for two additional years. The Montes del Plata project involves the construction of a cellulose pulp mill for processing eucalyptus from commercial tree farms. It encompasses the construction and operation of a cellulose mill producing on the order of 1.3 million metric tons of cellulose per year; a 160-megawatt biomass power generation facility; a river port terminal; barge terminals with wood storage yards; and a wood chipping plant. The cellulose mill will use elemental chlorine free (ECF) technology. The industrial facilities will be constructed in a free trade zone in Punta Pereira, some 190 kilometers west of Montevideo. Montes del Plata is the largest foreign investment in the history of Uruguay. The Inter-American Development Bank (IDB) is currently studying how to structure its financing. IDB Invest Orofran S.A. IDB Invest Domenech Pina, Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Transport 6500000 6500000 6500000 Orofran Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO1023C-01 IDB Invest In 1994, the IIC approved a US$1.6 million loan to Tahuamanu S.A., with final maturity 10/15/04, with the objective of financing the company's first industrial plant for processing Brazil Nuts. The project was implemented successfully and the company outperformed the production and sales targets agreed on the project. The purpose of this project is to provide financing to Tahuamanu for completion of its investment program aiming at: obtaining HACCP certification, which will enable it to be deemed a reliable supplier to the food industry in the USA, Canada and European countries; and increase its production capacity from 135,000 boxes of Brazil Nuts per year to 180,000 boxes per year. The project calls for investments in civil works, machinery and equipment. In 1994, the IIC approved a US$1.6 million loan to Tahuamanu S.A., with final maturity 10/15/04, with the objective of financing the company's first industrial plant for processing Brazil Nuts. The project was implemented successfully and the company outperformed the production and sales targets agreed on the project. The purpose of this project is to provide financing to Tahuamanu for completion of its investment program aiming at: obtaining HACCP certification, which will enable it to be deemed a reliable supplier to the food industry in the USA, Canada and European countries; and increase its production capacity from 135,000 boxes of Brazil Nuts per year to 180,000 boxes per year. The project calls for investments in civil works, machinery and equipment. IDB Invest Tahuamanu S.A. IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Agribusiness 1800000 1800000 1800000 Tahuamanu II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR1039A-01 IDB Invest ABCO was established in 1999, to produce Type 1 Portland cement, which is general-purpose cement. The project involves the construction of a plant with a nominal capacity of 390,000 tons per year (tpy) at a new manufacturing facility near the town of Hatillo in the Province of Azua, approximately 98 km southwest of Santo Domingo. The production process will consist of grinding imported clinker with small amounts (5%) of locally produced gypsum. The location of the plant has been selected because the land on which the plant will be installed includes a high quality limestone deposit, should it be feasible to produce clinker in the future. Additionally, the Old Port of Azua is 25 km from the plant, thus facilitating the import of clinker. Production of cement in a clinker mill involves grinding clinker with additives; and storing and bagging the finished product. The process produces dust that is mostly captured and recycled. The generation of fine particulates is inherent in all stages of the process. Gases such as nitrogen oxide (NOx) and sulfur oxide (SOx) are formed from the combustion of fuel in the generation of power for the process. In the case of the Project, gas oil and fuel oils will be used as fuel. The SOx emissions are within local standards and modeling will be done to determine that they comply with international standards. ABCO was established in 1999, to produce Type 1 Portland cement, which is general-purpose cement. The project involves the construction of a plant with a nominal capacity of 390,000 tons per year (tpy) at a new manufacturing facility near the town of Hatillo in the Province of Azua, approximately 98 km southwest of Santo Domingo. The production process will consist of grinding imported clinker with small amounts (5%) of locally produced gypsum. The location of the plant has been selected because the land on which the plant will be installed includes a high quality limestone deposit, should it be feasible to produce clinker in the future. Additionally, the Old Port of Azua is 25 km from the plant, thus facilitating the import of clinker. Production of cement in a clinker mill involves grinding clinker with additives; and storing and bagging the finished product. The process produces dust that is mostly captured and recycled. The generation of fine particulates is inherent in all stages of the process. Gases such as nitrogen oxide (NOx) and sulfur oxide (SOx) are formed from the combustion of fuel in the generation of power for the process. In the case of the Project, gas oil and fuel oils will be used as fuel. The SOx emissions are within local standards and modeling will be done to determine that they comply with international standards. IDB Invest ABCO S. A. IDB Invest Rico, Ricardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Manufacturing 5000000 5000000 5000000 ABCO. S.A Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3751A-01 IDB Invest The proposed project consists of a loan of up to US$5 million. The proceeds will enable Factotal to carry out factoring transactions with small and medium-size Chilean companies. The proposed project consists of a loan of up to US$5 million. The proceeds will enable Factotal to carry out factoring transactions with small and medium-size Chilean companies. IDB Invest Factotal S.A. IDB Invest Savastano, Ana Cecilia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 5000000 5000000 5000000 Factotal S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3745A-01 IDB Invest Docuformas Docuformas IDB Invest IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 1500000 1500000 1500000 Docuformas Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1129A-04 IDB Invest The objective of the proposed loan is to provide Banco Rabobank International Brasil S.A. with a subordinated loan that is, in accordance with National Monetary Council regulations, considered as Tier II capital of the borrower. Ultimately, the loan proceeds will be applied to expand the activities of the bank connected with its portfolio of local receivables and rural finance for small and medium-size enterprises (SMEs) and individuals. These SMEs and individuals in Brazil require medium- or long-term financing in order to assist in their operations, or short-term financing for procuring goods and services from larger companies on better terms. 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 the proposed loan is to provide Banco Rabobank International Brasil S.A. with a subordinated loan that is, in accordance with National Monetary Council regulations, considered as Tier II capital of the borrower. Ultimately, the loan proceeds will be applied to expand the activities of the bank connected with its portfolio of local receivables and rural finance for small and medium-size enterprises (SMEs) and individuals. These SMEs and individuals in Brazil require medium- or long-term financing in order to assist in their operations, or short-term financing for procuring goods and services from larger companies on better terms. 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. IDB Invest Banco Rabobank International Brasil S.A. IDB Invest Ribeiro de Lima, Flavio Robson +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 27920800 27920800 27920800 Rabobank BR V Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH1083A-01 IDB Invest Project Description: Equity investment in Negocios Regionales Fondo de Inversión Privado for an amount not to exceed US$4 million. Negocios Regionales is a private investment fund, duly established in accordance with the Chilean law. The fund will invest in small and medium size enterprises established in Chile in areas other than the metropolitan area of Santiago. The term of the fund is 10 years. Project Description: Equity investment in Negocios Regionales Fondo de Inversión Privado for an amount not to exceed US$4 million. Negocios Regionales is a private investment fund, duly established in accordance with the Chilean law. The fund will invest in small and medium size enterprises established in Chile in areas other than the metropolitan area of Santiago. The term of the fund is 10 years. IDB Invest Negocios Regionales Fondo de Inversión Privado IDB Invest Lenoir Lara, Patrick Paul Emmanuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 4000000 4000000 4000000 Negocios Regionales Fondo de Inversion Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HA2734A-01 IDB Invest Carifresh Carifresh IDB Invest IDB Invest Hernandez, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Haiti Haiti Agribusiness 300000 300000 300000 Carifresh Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3925A-01 IDB Invest Caja Nuestra Gente Caja Nuestra Gente IDB Invest IDB Invest Vega Montoro, Henry William +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 4000000 4000000 4000000 Caja Nuestra Gente Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3717A-03 IDB Invest Copeval's regional expansion and entry into new lines of business will significantly increase its operational funding needs. The US$10 million IIC loan will finance a portion of these needs. With this third operation the IIC will continue to support the growth of a leading market player, a company whose primary business is the marketing and credit sale of agricultural inputs used by small and medium-size producers. Copeval is completing its national distribution network to provide total coverage for regions III to X. This opportunity for Copeval to grow comes with the increase in agribusiness activity in Chile, the result of free trade agreements and regional expansion. Copeval's regional expansion and entry into new lines of business will significantly increase its operational funding needs. The US$10 million IIC loan will finance a portion of these needs. With this third operation the IIC will continue to support the growth of a leading market player, a company whose primary business is the marketing and credit sale of agricultural inputs used by small and medium-size producers. Copeval is completing its national distribution network to provide total coverage for regions III to X. This opportunity for Copeval to grow comes with the increase in agribusiness activity in Chile, the result of free trade agreements and regional expansion. IDB Invest Compañía Agropecuaria Copeval S.A. IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Agribusiness 10000000 10000000 10000000 Copeval III Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3850A-01 IDB Invest Genericos Centroamericanos, S.A. II Genericos Centroamericanos, S.A. II IDB Invest IDB Invest Mayorga, Luisa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Manufacturing 400000 400000 400000 Genericos Centroamericanos, S.A. II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO1092A-01 IDB Invest El proyecto propuesto ("Proyecto") contempla la compra de tierras, rosales y equipos de riego, además de la construcción de los invernaderos y obras accesorias que se requieren para el desarrollo de 48 hectáreas de rosales en invernadero para los mercados de exportación. La participación de la CII con financiamiento a largo plazo le permitirá a la compañía llevar adelante sus gastos de capital y mantener su competitividad. Creación de empleos: Colombia se beneficia mucho con la floricultura, actividad de uso intensivo de mano de obra, que emplea a más de 75.000 trabajadores en forma directa y 50.000 en forma indirecta. En Ecuador, la industria de la flor emplea a cerca de 100.000 personas directa e indirectamente. El proyecto que se contempla debería generar cerca de 700 nuevos empleos directos en Colombia y Ecuador. Generación de divisas: Según cifras proporcionadas por el DANE (una oficina de estadísticas del gobierno colombiano), en el 2000, entre las exportaciones no tradicionales, la industria de la flor ocupó el primer lugar en tanto generadora de ingresos a escala internacional. La producción correspondiente está orientada completamente hacia las exportaciones y tan sólo el cinco por ciento (5%) de la producción total se destina al consumo interno. Consolidación de mercados exportadores tradicionales y desarrollo de nuevos: Cerca del 80% de las exportaciones de flores colombianas tiene como destino a los Estados Unidos, país cuyo mercado, cifrado en cerca de US$10.000 millones según los cálculos, se está desarrollando rápidamente con la incorporación de los supermercados a este ramo de actividad. Otro mercado importante es Europa, que tiene el consumo per cápita más elevado del mundo, y que consume cerca del 11% de las exportaciones de flores colombianas. Japón, Finlandia, Europa oriental y ciertos países sudamericanos presentan oportunidades interesantes, toda vez que la penetración en sus mercados todavía está en una etapa incipiente. Apoyo a grupos empresariales locales: En años recientes la industria de la flor ha sufrido grandes cambios, conforme entidades de talla internacional como Dole Inc. ingresaron en este ramo de actividad decididas a captar una cuota de mercado importante. Por ende, la ejecución de este proyecto brindará apoyo a un grupo de empresarios locales que siguen controlando su empresa tras competir con éxito con grandes entidades multinacionales. Otros beneficios económicos: La industria de la flor es vital para otros sectores, como los del plástico, el cartón, la goma, la madera, los productos agroquímicos y el transporte carretero y aéreo. El cultivo de flores tuvo importancia en el desarrollo económico de varios municipios colombianos. Este proyecto también ayudará a consolidar la industria de la flor en Ecuador, brindando asimismo apoyo al sistema de dolarización recientemente adoptado. El proyecto propuesto ("Proyecto") contempla la compra de tierras, rosales y equipos de riego, además de la construcción de los invernaderos y obras accesorias que se requieren para el desarrollo de 48 hectáreas de rosales en invernadero para los mercados de exportación. La participación de la CII con financiamiento a largo plazo le permitirá a la compañía llevar adelante sus gastos de capital y mantener su competitividad. Creación de empleos: Colombia se beneficia mucho con la floricultura, actividad de uso intensivo de mano de obra, que emplea a más de 75.000 trabajadores en forma directa y 50.000 en forma indirecta. En Ecuador, la industria de la flor emplea a cerca de 100.000 personas directa e indirectamente. El proyecto que se contempla debería generar cerca de 700 nuevos empleos directos en Colombia y Ecuador. Generación de divisas: Según cifras proporcionadas por el DANE (una oficina de estadísticas del gobierno colombiano), en el 2000, entre las exportaciones no tradicionales, la industria de la flor ocupó el primer lugar en tanto generadora de ingresos a escala internacional. La producción correspondiente está orientada completamente hacia las exportaciones y tan sólo el cinco por ciento (5%) de la producción total se destina al consumo interno. Consolidación de mercados exportadores tradicionales y desarrollo de nuevos: Cerca del 80% de las exportaciones de flores colombianas tiene como destino a los Estados Unidos, país cuyo mercado, cifrado en cerca de US$10.000 millones según los cálculos, se está desarrollando rápidamente con la incorporación de los supermercados a este ramo de actividad. Otro mercado importante es Europa, que tiene el consumo per cápita más elevado del mundo, y que consume cerca del 11% de las exportaciones de flores colombianas. Japón, Finlandia, Europa oriental y ciertos países sudamericanos presentan oportunidades interesantes, toda vez que la penetración en sus mercados todavía está en una etapa incipiente. Apoyo a grupos empresariales locales: En años recientes la industria de la flor ha sufrido grandes cambios, conforme entidades de talla internacional como Dole Inc. ingresaron en este ramo de actividad decididas a captar una cuota de mercado importante. Por ende, la ejecución de este proyecto brindará apoyo a un grupo de empresarios locales que siguen controlando su empresa tras competir con éxito con grandes entidades multinacionales. Otros beneficios económicos: La industria de la flor es vital para otros sectores, como los del plástico, el cartón, la goma, la madera, los productos agroquímicos y el transporte carretero y aéreo. El cultivo de flores tuvo importancia en el desarrollo económico de varios municipios colombianos. Este proyecto también ayudará a consolidar la industria de la flor en Ecuador, brindando asimismo apoyo al sistema de dolarización recientemente adoptado. IDB Invest Falcon Farms, Inc., Falcon Farms de Ecuador S.A. IDB Invest Perez Silva, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Agribusiness 5000000 5000000 5000000 Falcon Farms Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3747A-01 IDB Invest The proposed line of credit is for a loan in the amount of US$1.0 million or the equivalent in Mexican pesos. The proceeds will be used to provide financing to small Mexican companies, for working capital or to finance equipment, machinery, or other fixed asset purchases. The proposed line of credit is for a loan in the amount of US$1.0 million or the equivalent in Mexican pesos. The proceeds will be used to provide financing to small Mexican companies, for working capital or to finance equipment, machinery, or other fixed asset purchases. IDB Invest CREDIPYME S.A. de C.V. IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 1000000 1000000 1000000 Credipyme Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI1029A-01 IDB Invest Bancentro Bancentro IDB Invest IDB Invest Echeverri, Ana Rosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Financial Institutions 3300000 3300000 3300000 Bancentro Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME1073A-01 IDB Invest Ficen, S.A. de C.V., Sociedad Financiera de Objeto Limitado Ficen, S.A. de C.V., Sociedad Financiera de Objeto Limitado IDB Invest IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 2900000 2900000 2900000 Ficen, S.A. de C.V., Sociedad Financiera de Objeto Limitado Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1125A-01 IDB Invest The IIC is evaluating a loan in the amount of US$8 million, of which US$5 million would be mobilized from a participant bank. The scope of the project comprises the expansion of the total cane growing area, an increase of processing capacity in the plant and building of additional support facilities such as housing for workers. The cane area will be increased by bringing into production additional land. The plant capacity will be raised by 450,000 tons from 900,000 tons to 1,350,000 tons by investing in its grinding capacity and upgrading technology in several of the industrial production departments. The IIC is evaluating a loan in the amount of US$8 million, of which US$5 million would be mobilized from a participant bank. The scope of the project comprises the expansion of the total cane growing area, an increase of processing capacity in the plant and building of additional support facilities such as housing for workers. The cane area will be increased by bringing into production additional land. The plant capacity will be raised by 450,000 tons from 900,000 tons to 1,350,000 tons by investing in its grinding capacity and upgrading technology in several of the industrial production departments. IDB Invest Grupo Tavares de Melo IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Agribusiness 3000000 3000000 3000000 Usina Maracaju S/A Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME1065A-01 IDB Invest Acuicolas Coin Acuicolas Coin IDB Invest IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 3110000 3110000 3110000 Acuicolas Coin Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR1145A-01 IDB Invest The objective of the project is to provide funding to meet the medium and long-term financial needs of small and medium size Argentinean enterprises. IIC will provide an eight-year, US$10 million line of credit to provide medium term financing for small and medium-size companies and will undertake, on a best-effort basis, to mobilize an additional US$20 million from international banks under its cofinancing program. In addition, the IIC will support the IDB strategy of promoting the productive sectors through the development of small and medium-size Argentinean enterprises. The objective of the project is to provide funding to meet the medium and long-term financial needs of small and medium size Argentinean enterprises. IIC will provide an eight-year, US$10 million line of credit to provide medium term financing for small and medium-size companies and will undertake, on a best-effort basis, to mobilize an additional US$20 million from international banks under its cofinancing program. In addition, the IIC will support the IDB strategy of promoting the productive sectors through the development of small and medium-size Argentinean enterprises. IDB Invest Banco Río de la Plata, S.A. IDB Invest Bettiol, Rita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions 10000000 10000000 10000000 Banco Río de la Plata, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH1069A-01 IDB Invest Project Description: The Project consists of a 10-year senior loan for up to US$7 million and of a preferred equity investment for up to US$1 million. These funds will be used to finance the acquisition of low-cost housing for leasing to individuals. The lease contracts generated will be securitized once a sufficient amount of them has been accumulated. The Project also involves the development and sale of lease-backed securities, a new instrument in Chile. Project Description: The Project consists of a 10-year senior loan for up to US$7 million and of a preferred equity investment for up to US$1 million. These funds will be used to finance the acquisition of low-cost housing for leasing to individuals. The lease contracts generated will be securitized once a sufficient amount of them has been accumulated. The Project also involves the development and sale of lease-backed securities, a new instrument in Chile. IDB Invest Delta Leasing Habitacional/Empresa Constructora Delta IDB Invest Rincon, Margarita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 8000000 8000000 8000000 Delta Leasing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR1002A-01 IDB Invest San Miguel San Miguel IDB Invest IDB Invest Trujillo, Roldan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Agribusiness 6000000 6000000 6000000 San Miguel Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO3570A-01 IDB Invest El Porvenir El Porvenir IDB Invest IDB Invest Lesme, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Transport 400000 400000 400000 El Porvenir Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH1003A-01 IDB Invest Fábrica de Papeles Carrascal S.A. Fábrica de Papeles Carrascal S.A. IDB Invest IDB Invest Mahler, Mario +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Manufacturing 5000000 5000000 5000000 Fábrica de Papeles Carrascal S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3148A-01 IDB Invest To set up a direct investment cofinancing program for expansion projects, especially those involving small and medium-size export companies. The program will seek to further the economic and social development of the Argentine Republic, targeting sectors in which there are many small and medium-size companies. To set up a direct investment cofinancing program for expansion projects, especially those involving small and medium-size export companies. The program will seek to further the economic and social development of the Argentine Republic, targeting sectors in which there are many small and medium-size companies. IDB Invest BICE IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions 10000000 10000000 10000000 Banco de Inversión y Comercio Exterior S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3798A-01 IDB Invest Desarrollo Agricola, S.A. Desarrollo Agricola, S.A. IDB Invest IDB Invest Jiron, Johnny +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Agribusiness 100000 100000 100000 Desarrollo Agricola, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH1088A-01 IDB Invest The Subsole expansion project calls for investments in the following areas: plantings of different varieties of table grape in several regions of Chile, for a total of 560 hectares; avocado plantations (11 hectares); stone-fruit plantations (37 hectares); the expansion of one cold storage plant and the construction of two cold storage plants for growers partnering with Subsole; the construction of eight air-conditioned packing centers; the purchase of machinery to handle round fruit (oranges, clementines, avocado, kiwi); and good agricultural practice programs. The Project started in mid-2001, when Subsole obtained short-term funds to finance plantings, primarily of table grapes, for suppliers, some of which partner with Subsole while others are just suppliers of the company. Subsole decided to finance these plantings to ensure the supply of certain minimum volumes of fruit for export. The Project will enable it to increase its export volumes to 5,400,000 fruit crates in 2006/2005, up from 2,894,000 crates in 2001/2000. The construction of the cold storage facilities and the air-conditioned packing centers will enable Subsole not only to reduce the cold-storage service charges it currently pays to third parties, but also to better control the quality and marketing timing of fruit. The Project cost is US$18.4 million, with the IIC granting a loan of up to US$7 million, to be used to provide long-term financing to growers who supply Subsole with fruit. The Subsole expansion project calls for investments in the following areas: plantings of different varieties of table grape in several regions of Chile, for a total of 560 hectares; avocado plantations (11 hectares); stone-fruit plantations (37 hectares); the expansion of one cold storage plant and the construction of two cold storage plants for growers partnering with Subsole; the construction of eight air-conditioned packing centers; the purchase of machinery to handle round fruit (oranges, clementines, avocado, kiwi); and good agricultural practice programs. The Project started in mid-2001, when Subsole obtained short-term funds to finance plantings, primarily of table grapes, for suppliers, some of which partner with Subsole while others are just suppliers of the company. Subsole decided to finance these plantings to ensure the supply of certain minimum volumes of fruit for export. The Project will enable it to increase its export volumes to 5,400,000 fruit crates in 2006/2005, up from 2,894,000 crates in 2001/2000. The construction of the cold storage facilities and the air-conditioned packing centers will enable Subsole not only to reduce the cold-storage service charges it currently pays to third parties, but also to better control the quality and marketing timing of fruit. The Project cost is US$18.4 million, with the IIC granting a loan of up to US$7 million, to be used to provide long-term financing to growers who supply Subsole with fruit. IDB Invest Exportadora Subsole, S.A. IDB Invest Barsantini, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Agribusiness 7000000 7000000 7000000 Exportadora Subsole S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3913A-01 IDB Invest The proposed project consists of a loan to Tablemac MDF S.A.S. for up to US$5 million, with a term of up to 8 years. With this operation, the IIC seeks to provide financing for the construction of a plant to manufacture medium-density fiberboard (MDF), with a net production capacity of 132,000 m3 per annum. The market has grown considerably over the past five years, and there is no local MDF manufacturer in Colombia. Tablemac S.A. owns 100% of Tablemac MDF S.A.S. It is one of the main particleboard (PB) manufacturers in Colombia, an activity it has been carrying out since 1988, and since 1999 it has also manufactured furniture. It is well regarded in the sector thanks to the quality of its products. The proposed project consists of a loan to Tablemac MDF S.A.S. for up to US$5 million, with a term of up to 8 years. With this operation, the IIC seeks to provide financing for the construction of a plant to manufacture medium-density fiberboard (MDF), with a net production capacity of 132,000 m3 per annum. The market has grown considerably over the past five years, and there is no local MDF manufacturer in Colombia. Tablemac S.A. owns 100% of Tablemac MDF S.A.S. It is one of the main particleboard (PB) manufacturers in Colombia, an activity it has been carrying out since 1988, and since 1999 it has also manufactured furniture. It is well regarded in the sector thanks to the quality of its products. IDB Invest Tablemac MDF S.A.S. IDB Invest Perez, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Agribusiness 5000000 5000000 5000000 Tablemac Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3663A-01 IDB Invest The purpose of the project is: i) to expand production capacity and increase efficiency with the acquisition of two high-demand can production lines and other machinery and equipment; and ii) to reduce gas (butane/propane) consumption and improve environmental air emissions with the purchase of a drying oven equipped with a vapor incinerator that enables solvent vapors to be burned inside the oven. As part of this project, IIC funds will also be used to repay debts that are due in 2006. The proposed financing will support an established company that is a leader in the tinplate can industry. This industry is very relevant in Ecuador because it supplies companies in two important economic sectors: fisheries and agribusiness. The purpose of the project is: i) to expand production capacity and increase efficiency with the acquisition of two high-demand can production lines and other machinery and equipment; and ii) to reduce gas (butane/propane) consumption and improve environmental air emissions with the purchase of a drying oven equipped with a vapor incinerator that enables solvent vapors to be burned inside the oven. As part of this project, IIC funds will also be used to repay debts that are due in 2006. The proposed financing will support an established company that is a leader in the tinplate can industry. This industry is very relevant in Ecuador because it supplies companies in two important economic sectors: fisheries and agribusiness. IDB Invest Envases del Litoral, Enlit S.A. IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing 3000000 3000000 3000000 Envases del Litoral Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3505A-01 IDB Invest Leasing Bolívar, S.A. Leasing Bolívar, S.A. IDB Invest IDB Invest Bettiol, Rita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 10000000 10000000 10000000 Leasing Bolívar, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1114A-01 IDB Invest ALE is a 100% Brazilian-owned company engaged in the fuel distribution business since 1996. The ALE project (the "Project") consists of expanding the company's fuel distribution network, which is composed of small and medium-size enterprises that operate gas stations. This expansion will be implemented by acquiring or building 310 environmentally audited gas stations in six different states: Minas Gerais, Goiás, Paraná, Espírito Santo, São Paulo and Rio de Janeiro. A significant portion of the project will take place in the interior of all these states, thus fostering the decentralization of economic activities in Brazil. The total cost of the Project, to be developed over three years, is approximately US$33.7 million. Once completed in 2004, the expansion project will have generated approximately 2,000 jobs. IIC funds will finance three key developmental components of the project. The first component is the US$2.8 million amount of the project cost associated with environmental protection. This amount covers (i) obtaining the environmental licenses for the new and existing gas stations, surveys and cleanup of potentially contaminated soil or ground water; and (ii) upgrading (i.e., replacement of old underground fuel tanks) of existing gas stations and improvements in leak detection, spill containment, and pollution prevention devices. Second, IIC financing will also be used for the expansion of ALE's network in the interior of Minas Gerais, Goiás, Espirito Santo, and Paraná, at a total cost of US$8.5 million. Eighty-five gas stations out of the total 310 will be added to ALE's network within the interior of these four states according to the following schedule: 36 new gas stations in 2002, 26 in 2003, and an additional 23 in 2004. Third, the IIC will lend up to US$800,000 to ALE for onlending to small and medium-size companies that will enter into contractual agreements with ALE to operate eligible gas stations. This innovative approach will benefit approximately forty new small or medium-size companies during a four-year period. The credit risk of US$800,000 will be borne by ALE. ALE is a 100% Brazilian-owned company engaged in the fuel distribution business since 1996. The ALE project (the "Project") consists of expanding the company's fuel distribution network, which is composed of small and medium-size enterprises that operate gas stations. This expansion will be implemented by acquiring or building 310 environmentally audited gas stations in six different states: Minas Gerais, Goiás, Paraná, Espírito Santo, São Paulo and Rio de Janeiro. A significant portion of the project will take place in the interior of all these states, thus fostering the decentralization of economic activities in Brazil. The total cost of the Project, to be developed over three years, is approximately US$33.7 million. Once completed in 2004, the expansion project will have generated approximately 2,000 jobs. IIC funds will finance three key developmental components of the project. The first component is the US$2.8 million amount of the project cost associated with environmental protection. This amount covers (i) obtaining the environmental licenses for the new and existing gas stations, surveys and cleanup of potentially contaminated soil or ground water; and (ii) upgrading (i.e., replacement of old underground fuel tanks) of existing gas stations and improvements in leak detection, spill containment, and pollution prevention devices. Second, IIC financing will also be used for the expansion of ALE's network in the interior of Minas Gerais, Goiás, Espirito Santo, and Paraná, at a total cost of US$8.5 million. Eighty-five gas stations out of the total 310 will be added to ALE's network within the interior of these four states according to the following schedule: 36 new gas stations in 2002, 26 in 2003, and an additional 23 in 2004. Third, the IIC will lend up to US$800,000 to ALE for onlending to small and medium-size companies that will enter into contractual agreements with ALE to operate eligible gas stations. This innovative approach will benefit approximately forty new small or medium-size companies during a four-year period. The credit risk of US$800,000 will be borne by ALE. IDB Invest ISA Participações S.A., Metminas Participações e Empreendimentos Ltda., JM Participações Ltda, SAMOR Administração e Participações Ltda., Vivan Moraes e Filhos Participações Ltda. e Garan Participaçõe IDB Invest Barsantini, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Manufacturing 6000000 6000000 6000000 ALE Combustmveis S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO3569A-01 IDB Invest La Francesa La Francesa IDB Invest IDB Invest Lesme, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Manufacturing 428000 428000 428000 La Francesa Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO1093A-01 IDB Invest The project, which is located in the Mamonal industrial area of Cartagena, Colombia involves the expansion of an existing bioriented polypropylene production plant. The expansion involves the installation of a new production line that will allow the company to increase production by at least 75%, from 20,000 tons/year to 35,000 tons/year. Scarce availability of long-term financing. Currently, long-term financing is hard to obtain in the Colombian financial market. By providing long-term financing, the IIC will enable Biofilm to maintain a solid financial structure. Through its participation, the IIC will be complementing the foreign-currency debt financing the company has received from foreign lenders and the local-currency bond issue listed on the stock exchange, which have only partially covered the Company's requirements. Technological modernization: The project is intended to expand the company's production capacity through the installation and implementation of a cutting-edge production line able to produce 15-micron biaxially oriented polypropylene film (15 microns is the most advanced thickness). This line will enable Biofilm to remain one of the leading producers in the world market. Currency-generating industry: The bulk of the new production line's capacity will be used for export-oriented purposes, thereby increasing Colombian exports by up to some US$30 million per annum. Export diversification: Since Biofilm's products are raw materials for other industries, they are considered to be intermediate goods. This transaction will make it possible to increase supply and facilitate the export diversification of nontraditional products. Increase in regional trade: The company's main export markets are the countries of the Andean region. The increase in the company's export capacity will boost utilization of the mechanisms and benefits established to promote trade between countries in this region. Local integration and increase of value added: The main raw materials used by the company come from Colombia. This favors local integration and increases the value added of local raw materials. The project, which is located in the Mamonal industrial area of Cartagena, Colombia involves the expansion of an existing bioriented polypropylene production plant. The expansion involves the installation of a new production line that will allow the company to increase production by at least 75%, from 20,000 tons/year to 35,000 tons/year. Scarce availability of long-term financing. Currently, long-term financing is hard to obtain in the Colombian financial market. By providing long-term financing, the IIC will enable Biofilm to maintain a solid financial structure. Through its participation, the IIC will be complementing the foreign-currency debt financing the company has received from foreign lenders and the local-currency bond issue listed on the stock exchange, which have only partially covered the Company's requirements. Technological modernization: The project is intended to expand the company's production capacity through the installation and implementation of a cutting-edge production line able to produce 15-micron biaxially oriented polypropylene film (15 microns is the most advanced thickness). This line will enable Biofilm to remain one of the leading producers in the world market. Currency-generating industry: The bulk of the new production line's capacity will be used for export-oriented purposes, thereby increasing Colombian exports by up to some US$30 million per annum. Export diversification: Since Biofilm's products are raw materials for other industries, they are considered to be intermediate goods. This transaction will make it possible to increase supply and facilitate the export diversification of nontraditional products. Increase in regional trade: The company's main export markets are the countries of the Andean region. The increase in the company's export capacity will boost utilization of the mechanisms and benefits established to promote trade between countries in this region. Local integration and increase of value added: The main raw materials used by the company come from Colombia. This favors local integration and increases the value added of local raw materials. IDB Invest Grupo Inversiones Sanford IDB Invest Perez Silva, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Social Infrastructure 7000000 7000000 7000000 Biofilm Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR3806A-01 IDB Invest Wilhelm II Wilhelm II IDB Invest IDB Invest Lesme, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Agribusiness 200000 200000 200000 Wilhelm II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1092A-01 IDB Invest The objective of the project is to provide funding to meet the medium- and long-term financial needs of small and medium-size Brazilian enterprises. IIC will provide a five-year, US$10 million line of credit to provide medium- and long-term financial for small and medium-size companies. The objective of the project is to provide funding to meet the medium- and long-term financial needs of small and medium-size Brazilian enterprises. IIC will provide a five-year, US$10 million line of credit to provide medium- and long-term financial for small and medium-size companies. IDB Invest Banco Santos S.A. IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 10000000 10000000 10000000 Banco Santos Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1126A-01 IDB Invest The proposed trade finance line is for a Loan for up to US$15 million to Banco Safra S.A. The proceeds will be used to provide financing to small and medium-sized Brazilian exporters, for foreign trade export and import operations. The proposed trade finance line is for a Loan for up to US$15 million to Banco Safra S.A. The proceeds will be used to provide financing to small and medium-sized Brazilian exporters, for foreign trade export and import operations. IDB Invest Banco Safra S.A. IDB Invest Echeverri, Ana Rosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 10000000 10000000 10000000 Banco Safra Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3735A-01 IDB Invest Leasing del Valle Leasing del Valle IDB Invest IDB Invest Bermudez, Tomas +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 11000000 11000000 11000000 Leasing del Valle Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI1004A-01 IDB Invest Camarones del Pacifico, S.A. Camarones del Pacifico, S.A. IDB Invest IDB Invest Romero, Gustavo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Agribusiness 1400000 1400000 1400000 Camarones del Pacifico, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR0034A-01 IDB Invest Cerro Castillo S.A. Cerro Castillo S.A. IDB Invest IDB Invest Claro, Francisco +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Energy 2000000 2000000 2000000 Cerro Castillo S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR1012A-01 IDB Invest Coneléctricas Coneléctricas IDB Invest IDB Invest Otarola, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Energy 3000000 3000000 3000000 Coneléctricas Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH1093A-01 IDB Invest The Project involves refinancing the plantings of several types of fruit trees carried out by Millahue and Trallay during the period from 1996 to 2002; financing interest during the grace period; financing new plantings, quality control and nursery development programs; providing pre- and post-harvest permanent working capital; and setting up an offshore escrow account. The Project involves refinancing the plantings of several types of fruit trees carried out by Millahue and Trallay during the period from 1996 to 2002; financing interest during the grace period; financing new plantings, quality control and nursery development programs; providing pre- and post-harvest permanent working capital; and setting up an offshore escrow account. IDB Invest Agrícola Millahue Ltda. and Agrícola Trallay Ltda. IDB Invest Barsantini, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Agribusiness 9000000 9000000 9000000 Agricola Millahue & Agricola Trallay Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-JA1042A-01 IDB Invest Sunset Beach is an all-inclusive resort hotel in Jamaica. The contemplated project consists of the expansion and upgrading of Sunset Beach’s existing facilities in Montego Bay and the acquisition, expansion and upgrading of a property in Negril, Jamaica’s premier resort area. The project will allow the Company to (i) strengthen its market position in the all-inclusive market as the largest independently owned hotel in Jamaica; (ii) meet currently unmet demand; (iii) expand hotel operations to one of the most sought after tourist destination in Jamaica and in the Caribbean region (Negril); (iv) increase profitability by gaining significant economies of scale by leveraging existing management and marketing infrastructure; and (v) benefit from an overall favorable investment climate. Sunset Beach is an all-inclusive resort hotel in Jamaica. The contemplated project consists of the expansion and upgrading of Sunset Beach’s existing facilities in Montego Bay and the acquisition, expansion and upgrading of a property in Negril, Jamaica’s premier resort area. The project will allow the Company to (i) strengthen its market position in the all-inclusive market as the largest independently owned hotel in Jamaica; (ii) meet currently unmet demand; (iii) expand hotel operations to one of the most sought after tourist destination in Jamaica and in the Caribbean region (Negril); (iv) increase profitability by gaining significant economies of scale by leveraging existing management and marketing infrastructure; and (v) benefit from an overall favorable investment climate. IDB Invest Sunset Beach Resort & Spa Hotel Limited IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Tourism 10000000 10000000 10000000 Sunset Beach Resort and Spa Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR1070A-01 IDB Invest Project Description: The Project ("Project") consists of the installation and maintenance of 15,000 public telephone booths in Costa Rica, and their lease to the Instituto Costarricense de Electricidad (ICE), the national telephone and electricity company for 6 years. The Project will increase telephone penetration in Costa Rica from 2.2 telephones per 1,000 inhabitants to 6 telephones per 1,000 inhabitants. The total cost of the project is estimated at US$15 million, of which the IIC would contribute US$4.2 million via a long-term loan. Project Description: The Project ("Project") consists of the installation and maintenance of 15,000 public telephone booths in Costa Rica, and their lease to the Instituto Costarricense de Electricidad (ICE), the national telephone and electricity company for 6 years. The Project will increase telephone penetration in Costa Rica from 2.2 telephones per 1,000 inhabitants to 6 telephones per 1,000 inhabitants. The total cost of the project is estimated at US$15 million, of which the IIC would contribute US$4.2 million via a long-term loan. IDB Invest Consorcio Celsa-Dimmsa-Telepsa (CONDICEL) Limitada. IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Digital Economy 4200000 4200000 4200000 Consorcio Celsa-Dimmsa Telepsa Ltda. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3506A-01 IDB Invest Leasing Colombia Peso Line Leasing Colombia Peso Line IDB Invest IDB Invest Napolitano, Ornella +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 20000000 20000000 20000000 Leasing Colombia Peso Line Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR3920A-01 IDB Invest The purpose of the IIC loan is to finance eligible projects via subloans to eligible enterprises in Paraguay that meet IIC and Visión Banco’s loan eligibility criteria and environmental and labor requirements. Micro and small enterprises in Paraguay require short-, medium- and 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 such enterprises, which have limited access to financing with terms of more than one year. Visión Banco seeks to provide specialized financial services and products for micro and small enterprises throughout Paraguay. Its underlying goal is to promote the social and economic development of middle- and low-income individuals nationwide. The purpose of the IIC loan is to finance eligible projects via subloans to eligible enterprises in Paraguay that meet IIC and Visión Banco’s loan eligibility criteria and environmental and labor requirements. Micro and small enterprises in Paraguay require short-, medium- and 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 such enterprises, which have limited access to financing with terms of more than one year. Visión Banco seeks to provide specialized financial services and products for micro and small enterprises throughout Paraguay. Its underlying goal is to promote the social and economic development of middle- and low-income individuals nationwide. IDB Invest Visión Banco S.A.E.C.A. IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 5000000 5000000 5000000 Vision Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3083A-02 IDB Invest The project is a 5-year loan with an 18-month grace period to finance a 550-hectare expansion of asparagus cultivation and an increase in the capacity of installations for fresh and canned asparagus, which requires: i) enlarging and relocating the raw materials chamber; ii) building a new chamber for finished fresh products; iii) building a second installation for fresh products; and iv) expanding water purification capacity, as well as using working capital to support a sales increase between 2006 and 2008 (collectively, the "Project"). The estimated total cost of the Project is approximately twelve million United States dollars (US$12 million). With this loan, the IIC is helping to increase the Peruvian agribusiness sector’s export capacity by financing projects that generate a high value-added component and many new jobs. Green Perú, S. A. is a medium-size company that cultivates and processes high-quality agricultural products mainly destined for the European market. This financing would allow Green Perú, S. A. to make the most of its competitive advantages in asparagus production to compete more efficiently in the international market. The project is a 5-year loan with an 18-month grace period to finance a 550-hectare expansion of asparagus cultivation and an increase in the capacity of installations for fresh and canned asparagus, which requires: i) enlarging and relocating the raw materials chamber; ii) building a new chamber for finished fresh products; iii) building a second installation for fresh products; and iv) expanding water purification capacity, as well as using working capital to support a sales increase between 2006 and 2008 (collectively, the "Project"). The estimated total cost of the Project is approximately twelve million United States dollars (US$12 million). With this loan, the IIC is helping to increase the Peruvian agribusiness sector’s export capacity by financing projects that generate a high value-added component and many new jobs. Green Perú, S. A. is a medium-size company that cultivates and processes high-quality agricultural products mainly destined for the European market. This financing would allow Green Perú, S. A. to make the most of its competitive advantages in asparagus production to compete more efficiently in the international market. IDB Invest Green Perú, S.A. IDB Invest Ciurlizza, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Agribusiness 5000000 5000000 5000000 Green Peru II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3622A-02 IDB Invest The project consists of a loan of up to US$7 million for a term of up to three years, to Banco Bolivariano C.A. The proceeds will be used to provide financing to small and medium-size Ecuadorian companies for trade activities such as exporting and importing, as well as for working capital related to import-export operations. The project consists of a loan of up to US$7 million for a term of up to three years, to Banco Bolivariano C.A. The proceeds will be used to provide financing to small and medium-size Ecuadorian companies for trade activities such as exporting and importing, as well as for working capital related to import-export operations. IDB Invest Banco Bolivariano C.A. IDB Invest Acuña Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 7000000 7000000 7000000 Banco Bolivariano S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR3905A-01 IDB Invest Hardy, S.A.E.C.A. Hardy, S.A.E.C.A. IDB Invest IDB Invest Lesme, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Manufacturing 170000 170000 170000 Hardy, S.A.E.C.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES3330A-01 IDB Invest Arrinsa Interfin Arrinsa Interfin IDB Invest IDB Invest Savastano, Ana Cecilia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions 10000000 10000000 10000000 Arrinsa Interfin Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3841A-01 IDB Invest Banco Pichincha C.A. has requested a US$5 million loan to provide financing to small and medium-size enterprises in Ecuador. Banco Pichincha C.A. has requested a US$5 million loan to provide financing to small and medium-size enterprises in Ecuador. IDB Invest Banco Pichincha C.A. IDB Invest Reyes, Sandra +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 5000000 5000000 5000000 Banco Pichincha Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-JA0005A-01 IDB Invest Eagle Merchant Bank Eagle Merchant Bank IDB Invest IDB Invest Mutsuura, Goro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Financial Institutions 5000000 5000000 5000000 Eagle Merchant Bank Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES1006B-01 IDB Invest 1. The project consists of (i) financing permanent working capital requirements, mainly accounts receivable and inventory, and (ii) the modernization and expansion of Sigma S.A.’s different divisions to maintain quality and provide production flexibility. The project also includes the final stage of the implementation of a new management information system that should allow for better management of working capital requirements, control of the business cycle, and customer relations. Sigma S.A. seeks to maintain its market share in Central American countries and gain market share in Mexico, the Caribbean, and other markets. The project will enable Sigma S.A. to produce products that some of its major clients are asking for and that it cannot produce at present. 2. Sigma S.A. is a successful Salvadoran multinational manufacturer with a long track record in the region and offers comprehensive product packaging, advertising, and presentation solutions to its clients. The group also provides solutions in the areas of graphic printing, corrugated and plastic packaging, and printing inks and dyes for product packaging and presentation materials. 3. The IIC will support Sigma S.A.'s operations with a long-term loan. The IIC and the Sigma S.A. group have had a good banking relationship since the early nineties. This is the IIC's second operation with Sigma S.A. and its third with an affiliated company. Sigma S.A. has met all of the loan requirements, including compliance with environmental and labor standards. 1. The project consists of (i) financing permanent working capital requirements, mainly accounts receivable and inventory, and (ii) the modernization and expansion of Sigma S.A.’s different divisions to maintain quality and provide production flexibility. The project also includes the final stage of the implementation of a new management information system that should allow for better management of working capital requirements, control of the business cycle, and customer relations. Sigma S.A. seeks to maintain its market share in Central American countries and gain market share in Mexico, the Caribbean, and other markets. The project will enable Sigma S.A. to produce products that some of its major clients are asking for and that it cannot produce at present. 2. Sigma S.A. is a successful Salvadoran multinational manufacturer with a long track record in the region and offers comprehensive product packaging, advertising, and presentation solutions to its clients. The group also provides solutions in the areas of graphic printing, corrugated and plastic packaging, and printing inks and dyes for product packaging and presentation materials. 3. The IIC will support Sigma S.A.'s operations with a long-term loan. The IIC and the Sigma S.A. group have had a good banking relationship since the early nineties. This is the IIC's second operation with Sigma S.A. and its third with an affiliated company. Sigma S.A. has met all of the loan requirements, including compliance with environmental and labor standards. IDB Invest Sigma S.A. IDB Invest Elliot, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Manufacturing 5400000 5400000 5400000 Sigma II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1116A-01 IDB Invest The proposed expansion project (the "Project") consists of increasing the asparagus, artichoke, and avocado planting and processing capacity, as well as building and equipping a canning facility. The project involves the following: The purchase of nearly 390 hectares of farmland in two farms, Fundo San Jerónimo (120 hectares) and Fundo Santa Margarita (270 hectares), both located in the Ica Valley. This land will be used for growing asparagus, artichokes, and avocados, thus increasing the supply of Company-grown produce for processing at the Company's plants. The construction and equipping of a canning facility to be located adjacent to the existing processing plant in Ica. This plant will be used to increase the supply of canned asparagus and artichokes available for export; IQF has good potential for growth with these products. Increased frozen product storage capacity and replacement of the IQF tunnel at the Ica plant with a larger-capacity one so as to increase the supply of exportable frozen green asparagus. The new tunnel will be able to freeze 1,500 kg per hour, as compared to the current one with a capacity of 650 kg per hour. The installation of irrigation systems at the San Jerónimo and Santa Margarita farms. Planting 160 hectares of avocados and 100 hectares of asparagus, in addition to permanent working capital for farming 170 hectares of artichokes. The total cost of the project has been estimated at US$11.0 million of which the IIC will contribute US$5.5 million through a long-term loan. The proposed expansion project (the "Project") consists of increasing the asparagus, artichoke, and avocado planting and processing capacity, as well as building and equipping a canning facility. The project involves the following: The purchase of nearly 390 hectares of farmland in two farms, Fundo San Jerónimo (120 hectares) and Fundo Santa Margarita (270 hectares), both located in the Ica Valley. This land will be used for growing asparagus, artichokes, and avocados, thus increasing the supply of Company-grown produce for processing at the Company's plants. The construction and equipping of a canning facility to be located adjacent to the existing processing plant in Ica. This plant will be used to increase the supply of canned asparagus and artichokes available for export; IQF has good potential for growth with these products. Increased frozen product storage capacity and replacement of the IQF tunnel at the Ica plant with a larger-capacity one so as to increase the supply of exportable frozen green asparagus. The new tunnel will be able to freeze 1,500 kg per hour, as compared to the current one with a capacity of 650 kg per hour. The installation of irrigation systems at the San Jerónimo and Santa Margarita farms. Planting 160 hectares of avocados and 100 hectares of asparagus, in addition to permanent working capital for farming 170 hectares of artichokes. The total cost of the project has been estimated at US$11.0 million of which the IIC will contribute US$5.5 million through a long-term loan. IDB Invest IQF del Perú, S.A. IDB Invest Perez Silva, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Agribusiness 5500000 5500000 5500000 IQF del Perú Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO3327A-01 IDB Invest Altifibers S.A. is located in El Alto, La Paz, Bolivia; the company, created fourteen years ago by the sponsors, purchases, processes, and exports textiles made from natural fibers (sheep, llama, and alpaca). Altifibers S.A. buys and processes nearly 75% of all of the natural fibers produced in Bolivia, exporting them in the form of semiprocessed yarn ("tops" ). The company operates on the international natural fiber market, taking advantage of its experience with and knowledge of the export markets. It exports chiefly to the United Kingdom, Europe, and the United States. The project consists of the construction of a spinning and dyeing plant for sheep, alpaca, and llama yarns. Spinning and dying are currently done abroad because Bolivia lacks the infrastructure to ensure product quality at the necessary processing volumes. The yarn market is an export market. The project will increase Altifibers' sales volume and margins by enabling it to offer higher value-added products. The project includes investment in machinery, equipment, and buildings to vertically integrate the company and enable it to operate a complete natural fiber spinning and dyeing line using domestic raw material (tops). The company also requires financing for working capital and to restructure short-term debt in order to optimize its capital structure. Altifibers S.A. is located in El Alto, La Paz, Bolivia; the company, created fourteen years ago by the sponsors, purchases, processes, and exports textiles made from natural fibers (sheep, llama, and alpaca). Altifibers S.A. buys and processes nearly 75% of all of the natural fibers produced in Bolivia, exporting them in the form of semiprocessed yarn ("tops" ). The company operates on the international natural fiber market, taking advantage of its experience with and knowledge of the export markets. It exports chiefly to the United Kingdom, Europe, and the United States. The project consists of the construction of a spinning and dyeing plant for sheep, alpaca, and llama yarns. Spinning and dying are currently done abroad because Bolivia lacks the infrastructure to ensure product quality at the necessary processing volumes. The yarn market is an export market. The project will increase Altifibers' sales volume and margins by enabling it to offer higher value-added products. The project includes investment in machinery, equipment, and buildings to vertically integrate the company and enable it to operate a complete natural fiber spinning and dyeing line using domestic raw material (tops). The company also requires financing for working capital and to restructure short-term debt in order to optimize its capital structure. IDB Invest Altifibers S.A. IDB Invest Ciurlizza, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Manufacturing 400000 400000 400000 Altifibers Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR0001A-01 IDB Invest Granja Moro, S.A. Granja Moro, S.A. IDB Invest IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Agribusiness 3500000 3500000 3500000 Granja Moro, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES3397A-01 IDB Invest Jinsal Jinsal IDB Invest IDB Invest Mayorga, Luisa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Manufacturing 220000 220000 220000 Jinsal Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3824A-01 IDB Invest Corporativo Financiero Vimifos S.A. de CV Sfol Corporativo Financiero Vimifos S.A. de CV Sfol IDB Invest IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 3000000 3000000 3000000 Corporativo Financiero Vimifos S.A. de CV Sfol Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1131A-02 IDB Invest The proposed loan to Banco Industrial e Comercial S.A. will be used to provide financing to small and medium-sized Brazilian companies, for working capital purposes. The proposed loan to Banco Industrial e Comercial S.A. will be used to provide financing to small and medium-sized Brazilian companies, for working capital purposes. IDB Invest Banco Industrial e Comercial S.A. (BicBanco) IDB Invest Moscoso, Victor Hugo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 5000000 5000000 5000000 BicBanco Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3452A-01 IDB Invest The proposed program consists of providing small cattle farms and agribusinesses in a meat export chain with approximately US$3.0 million in financing with a corporate guarantee from Garantizar SGR. Under the program, some twenty small agribusinesses in cattle-raising areas of the Republic of Argentina will gain access to medium-term funding on conditions that will enable them to match their financing terms and stock grow-out periods. In addition to increasing productivity in the cattle-raising sector, in which Argentina has international competitive advantages, the program will boost economic growth in rural areas. Garantizar is a mutual guarantee association (sociedad de garantía recíproca or SGR) that provides loan guarantees to its beneficiary shareholders. The guarantees, which make it easier for the members to obtain credit, are backed by equity contributed by the guarantee association’s sponsoring shareholders. Garantizar SGR is one of Argentina's first and largest mutual guarantee associations; its equity totals more than US$45 million. Garantizar´s main shareholders, which are also sponsoring shareholders, are Banco de la Nación de Argentina and Banco de la Ciudad de Buenos Aires. The private sector—member agribusinesses and manufacturers—accounts for a majority of the shareholders, with more than 56% of Garantizar SGR's shares. Garantizar has been a pioneer in the Argentine SGR sector, with successful issues of debt securities (valores representativos de deuda or VRD) on the Buenos Aires stock exchange, underwritten by the association. Garantizar has focused on loan guarantees for the agribusiness sector—chiefly soybeans, beans, rice, sunflower seeds, as well as other commodities—and has successfully placed more than fifteen issues totaling more than US$47.0 million. The issues enabled Garantizar to obtain funding from the capital market to finance small and medium-size private agribusiness supply chains during Argentina’s economic crisis, when access to credit was impossible. The proposed program consists of providing small cattle farms and agribusinesses in a meat export chain with approximately US$3.0 million in financing with a corporate guarantee from Garantizar SGR. Under the program, some twenty small agribusinesses in cattle-raising areas of the Republic of Argentina will gain access to medium-term funding on conditions that will enable them to match their financing terms and stock grow-out periods. In addition to increasing productivity in the cattle-raising sector, in which Argentina has international competitive advantages, the program will boost economic growth in rural areas. Garantizar is a mutual guarantee association (sociedad de garantía recíproca or SGR) that provides loan guarantees to its beneficiary shareholders. The guarantees, which make it easier for the members to obtain credit, are backed by equity contributed by the guarantee association’s sponsoring shareholders. Garantizar SGR is one of Argentina's first and largest mutual guarantee associations; its equity totals more than US$45 million. Garantizar´s main shareholders, which are also sponsoring shareholders, are Banco de la Nación de Argentina and Banco de la Ciudad de Buenos Aires. The private sector—member agribusinesses and manufacturers—accounts for a majority of the shareholders, with more than 56% of Garantizar SGR's shares. Garantizar has been a pioneer in the Argentine SGR sector, with successful issues of debt securities (valores representativos de deuda or VRD) on the Buenos Aires stock exchange, underwritten by the association. Garantizar has focused on loan guarantees for the agribusiness sector—chiefly soybeans, beans, rice, sunflower seeds, as well as other commodities—and has successfully placed more than fifteen issues totaling more than US$47.0 million. The issues enabled Garantizar to obtain funding from the capital market to finance small and medium-size private agribusiness supply chains during Argentina’s economic crisis, when access to credit was impossible. IDB Invest Garantizar SGR IDB Invest Hernandez, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions 3000000 3000000 3000000 Garantizar S.G.R. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3897A-01 IDB Invest 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$65 million. The purpose of the loan is to refinance some of Profertil’s short-term liabilities and fund capital expenses and investments. 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 boost its operations by making cash flow planning and forecasting easier. 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$65 million. The purpose of the loan is to refinance some of Profertil’s short-term liabilities and fund capital expenses and investments. 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 boost its operations by making cash flow planning and forecasting easier. IDB Invest Profertil S.A. IDB Invest Lesme, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Social Infrastructure 10000000 10000000 10000000 Profertil Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI1040B-01 IDB Invest The purpose of the project is to help strengthen the Company’s overall competitiveness through the modernization of the processing plant and the management information systems, and the expansion of its storage capacity in order to adjust to recent and projected growth. The IIC will have the following role: Providing long-term financing: Long-term resources are scarce in Nicaragua. The operation will complement the first loan provided by the IIC to CSSA in 2001. Supporting an industry with a high value-added component: The ground and soluble coffee production process includes the cleaning, toasting and grinding of green coffee beans to produce roasted and ground coffee, and the subsequent extraction of liquor from the ground roast coffee which is then dehydrated to produce soluble coffee. Because of its comparative advantages, Nicaraguan exports of processed coffee have ample growth potential. Strengthening a medium-size company: The project will help the Company adjust to its recent growth and reach its potencial, thus protecting many existing jobs. Foreign exchange generation: The Company has experienced significant growth during the last five years, entering into new export markets. The project is necessary to support any future growth in sales and exports. Generating business for SMEs: The Company is an important buyer of packaging material and green coffee produced in Central America, mainly by small and medium-size companies from Nicaragua, El Salvador and Guatemala. Promoting best production practices: The Company has obtained the ISO 9002 certificate for quality and is currently applying for food safety certification, which should support its efforts to penetrate new markets. The purpose of the project is to help strengthen the Company’s overall competitiveness through the modernization of the processing plant and the management information systems, and the expansion of its storage capacity in order to adjust to recent and projected growth. The IIC will have the following role: Providing long-term financing: Long-term resources are scarce in Nicaragua. The operation will complement the first loan provided by the IIC to CSSA in 2001. Supporting an industry with a high value-added component: The ground and soluble coffee production process includes the cleaning, toasting and grinding of green coffee beans to produce roasted and ground coffee, and the subsequent extraction of liquor from the ground roast coffee which is then dehydrated to produce soluble coffee. Because of its comparative advantages, Nicaraguan exports of processed coffee have ample growth potential. Strengthening a medium-size company: The project will help the Company adjust to its recent growth and reach its potencial, thus protecting many existing jobs. Foreign exchange generation: The Company has experienced significant growth during the last five years, entering into new export markets. The project is necessary to support any future growth in sales and exports. Generating business for SMEs: The Company is an important buyer of packaging material and green coffee produced in Central America, mainly by small and medium-size companies from Nicaragua, El Salvador and Guatemala. Promoting best production practices: The Company has obtained the ISO 9002 certificate for quality and is currently applying for food safety certification, which should support its efforts to penetrate new markets. IDB Invest Café Soluble, S.A. IDB Invest Lopez, Gustavo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Agribusiness 1000000 1000000 1000000 Cafe Soluble II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME1157A-01 IDB Invest This is a proposal to invest direct equity in the low- and middle-income housing vehicle company included in The Discovery Americas I, L.P. ("Discovery" or "the Fund"), an investment fund in Mexico. The investment objective is to seek medium-term capital appreciation by providing project-based preferred equity investment capital to highly qualified and experienced developers who currently lack access to sufficient equity financing. The Fund, through the vehicle company, will help to eliminate the bottleneck perpetuating a chronic shortage of low- and middle-income housing in Mexico, contributing to building approximately 60,000 houses during the next seven years. The company's management has a long-standing track record in Mexican housing finance and significant expertise in the low- and middle-income housing sector. This is a proposal to invest direct equity in the low- and middle-income housing vehicle company included in The Discovery Americas I, L.P. ("Discovery" or "the Fund"), an investment fund in Mexico. The investment objective is to seek medium-term capital appreciation by providing project-based preferred equity investment capital to highly qualified and experienced developers who currently lack access to sufficient equity financing. The Fund, through the vehicle company, will help to eliminate the bottleneck perpetuating a chronic shortage of low- and middle-income housing in Mexico, contributing to building approximately 60,000 houses during the next seven years. The company's management has a long-standing track record in Mexican housing finance and significant expertise in the low- and middle-income housing sector. IDB Invest Discovery Capital Management L.L.C. and Protego As IDB Invest Otarola, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 3000000 3000000 3000000 The Discovery Americas I, L.P. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR1006A-03 IDB Invest Union Star III Union Star III IDB Invest IDB Invest Mahler, Mario +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Manufacturing 2250000 2250000 2250000 Union Star III Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3842A-01 IDB Invest In February 2007 Terminal Patagonia won a twenty-year concession for operating the newly completed container terminal in the port of Bahía Blanca ("Terminal de Bahía Blanca") in the southern part of the province of Buenos Aires. It is the port’s only container terminal. Since 1998 Terminal Patagonia has also been operating the port of San Antonio Este ("Puerto SAE") in Río Negro province under an exclusive thirty-year master concession agreement. The proposed IIC loan will be used as partial financing for purchasing machinery and for the infrastructure work needed to get the Terminal de Bahía Blanca concession up and running. The Company expects to make the investments between the third quarter of 2007 and the first quarter of 2008. The goal is to start partial operations of Terminal de Bahía Blanca in November 2007. With this project, the Corporation will be contributing to the development of complementary ports to the port of Buenos Aires. The latter is Argentina's main port and has become heavily congested as a result of the marked growth of Argentina's economy in the past few years. In February 2007 Terminal Patagonia won a twenty-year concession for operating the newly completed container terminal in the port of Bahía Blanca ("Terminal de Bahía Blanca") in the southern part of the province of Buenos Aires. It is the port’s only container terminal. Since 1998 Terminal Patagonia has also been operating the port of San Antonio Este ("Puerto SAE") in Río Negro province under an exclusive thirty-year master concession agreement. The proposed IIC loan will be used as partial financing for purchasing machinery and for the infrastructure work needed to get the Terminal de Bahía Blanca concession up and running. The Company expects to make the investments between the third quarter of 2007 and the first quarter of 2008. The goal is to start partial operations of Terminal de Bahía Blanca in November 2007. With this project, the Corporation will be contributing to the development of complementary ports to the port of Buenos Aires. The latter is Argentina's main port and has become heavily congested as a result of the marked growth of Argentina's economy in the past few years. IDB Invest Terminal de Servicios Portuarios Patagonia Norte S.A. IDB Invest Barsantini, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Energy 4000000 4000000 4000000 Terminal de Servicios Portuarios Patagonia Norte S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR1007A-01 IDB Invest Zona Franca de Montevideo Zona Franca de Montevideo IDB Invest IDB Invest Varela, Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Manufacturing 3900000 3900000 3900000 Zona Franca de Montevideo Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR1025C-01 IDB Invest The proposed line of credit is for a loan in the amount of US$5 million to Banco BHD S.A. The proceeds will be used to provide financing to small and medium-size Dominican companies, for foreign operations, such as imports and exports, and for working capital related to export and import activities. The proposed line of credit is for a loan in the amount of US$5 million to Banco BHD S.A. The proceeds will be used to provide financing to small and medium-size Dominican companies, for foreign operations, such as imports and exports, and for working capital related to export and import activities. IDB Invest Banco BHD S.A. IDB Invest Bettiol, Rita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Financial Institutions 5000000 5000000 5000000 Banco BHD S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU1046A-01 IDB Invest 1. The project consists of building and operating a factory for manufacturing ceramic goods, mainly ceramic roofing tiles, but also other products, such as wall blocks and extruded paving blocks. The plant will have a production capacity of 90 metric tons of clay products per day. Most of the project output will be sold in regional markets of Central America, the Caribbean, eastern United States and southern Mexico. 2. The project is a joint venture between F.v. Mueller Roofing Tile, a German company; Dr. Elio Gerardi, a promoter of turnkey plants from Italy; and Mr. Andrés Ayau, promoter, ceramics producer and marketing and sales specialist. 3. The plant will be built on 10 hectares of land located in the town of La Fragua, department of Zacapa, in northeast Guatemala, about 140 kilometers from Guatemala City. The location was chosen because of its proximity to the clay deposits, the availability of labor, and access to Guatemala City, Honduras, El Salvador, and Puerto Barrios on the Atlantic. 4. Decentralization of economic activities: The plant will create jobs in the country’s small towns and in rural areas working the clay mines. Apart from the availability of labor, the site was chosen for its proximity to clay deposits and its nearness to Puerto Barrios, on the Atlantic, which will allow the company to export to the United States, Mexico and other Caribbean and Central American countries. There is also road access to Honduras and El Salvador from the plant site without having to pass through Guatemala City. 5. Regional expansion: Production will initially be aimed at Guatemala and Central America and later at the North American market, mainly the East Coast of the United States and southern Mexico. The location, capacity and quality of the Maceroti plant will, in fact, allow export of ceramic tiles and similar products to markets in the United States, Mexico and Caribbean nations. Maceroti is interested in and has plans to enter these markets. However, Maceroti’s emphasis in the early years of operations will be to sell in the markets of neighboring countries, such as Costa Rica, El Salvador, Honduras and Nicaragua. 6. High-quality products at competitive prices: The price of substitute products is relatively higher, thereby creating a window of opportunity for the Maceroti products, given their high quality in terms of appearance, better insulation and durability. 1. The project consists of building and operating a factory for manufacturing ceramic goods, mainly ceramic roofing tiles, but also other products, such as wall blocks and extruded paving blocks. The plant will have a production capacity of 90 metric tons of clay products per day. Most of the project output will be sold in regional markets of Central America, the Caribbean, eastern United States and southern Mexico. 2. The project is a joint venture between F.v. Mueller Roofing Tile, a German company; Dr. Elio Gerardi, a promoter of turnkey plants from Italy; and Mr. Andrés Ayau, promoter, ceramics producer and marketing and sales specialist. 3. The plant will be built on 10 hectares of land located in the town of La Fragua, department of Zacapa, in northeast Guatemala, about 140 kilometers from Guatemala City. The location was chosen because of its proximity to the clay deposits, the availability of labor, and access to Guatemala City, Honduras, El Salvador, and Puerto Barrios on the Atlantic. 4. Decentralization of economic activities: The plant will create jobs in the country’s small towns and in rural areas working the clay mines. Apart from the availability of labor, the site was chosen for its proximity to clay deposits and its nearness to Puerto Barrios, on the Atlantic, which will allow the company to export to the United States, Mexico and other Caribbean and Central American countries. There is also road access to Honduras and El Salvador from the plant site without having to pass through Guatemala City. 5. Regional expansion: Production will initially be aimed at Guatemala and Central America and later at the North American market, mainly the East Coast of the United States and southern Mexico. The location, capacity and quality of the Maceroti plant will, in fact, allow export of ceramic tiles and similar products to markets in the United States, Mexico and Caribbean nations. Maceroti is interested in and has plans to enter these markets. However, Maceroti’s emphasis in the early years of operations will be to sell in the markets of neighboring countries, such as Costa Rica, El Salvador, Honduras and Nicaragua. 6. High-quality products at competitive prices: The price of substitute products is relatively higher, thereby creating a window of opportunity for the Maceroti products, given their high quality in terms of appearance, better insulation and durability. IDB Invest Tejas Cerámicas Mayas S.A. (Maceroti) IDB Invest Hernandez, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Manufacturing 5000000 5000000 5000000 Tejas Cerámicas Maya S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR3374A-03 IDB Invest The project consists of a Loan to Itaú Unibanco S.A. ("Itaú Unibanco"). The objective of this project is to finance Eligible Projects via subloans to Eligible Enterprises in Brazil. These will be small and medium-sized companies located in Brazil that require the funding primarily for short- or medium-term financing for general corporate purposes, including working capital and leasing. Eligible Enterprises financed with a portion of the Loan shall not exceed US$20 million in assets or yearly revenue. The project consists of a Loan to Itaú Unibanco S.A. ("Itaú Unibanco"). The objective of this project is to finance Eligible Projects via subloans to Eligible Enterprises in Brazil. These will be small and medium-sized companies located in Brazil that require the funding primarily for short- or medium-term financing for general corporate purposes, including working capital and leasing. Eligible Enterprises financed with a portion of the Loan shall not exceed US$20 million in assets or yearly revenue. IDB Invest Itaú Unibanco S.A. IDB Invest Rincon, Margarita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 40000000 40000000 40000000 Itau Unibanco S.A. IV Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3453A-02 IDB Invest The proposed operation consists of increasing financing for the existing program for the storage and/or purchase of mainly white corn from small grain farmers. As part of the Project, ALMER will use the IIC loan to provide financing to small producers by either: (i) purchasing their production with an option to repurchase (repos), or (ii) warehousing their product until it is sold. In both cases ALMER will issue warehouse receipts that will secure the IIC’s loan. The proposed operation consists of increasing financing for the existing program for the storage and/or purchase of mainly white corn from small grain farmers. As part of the Project, ALMER will use the IIC loan to provide financing to small producers by either: (i) purchasing their production with an option to repurchase (repos), or (ii) warehousing their product until it is sold. In both cases ALMER will issue warehouse receipts that will secure the IIC’s loan. IDB Invest Almacenadora Mercader, S.A. de C.V. (ALMER) IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 5000000 5000000 5000000 Almacenadora Mercader S.A. III Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR3632A-02 IDB Invest Wind Telecom, S.A. (the "Company" or "Wind") provides voice, data, and video telecommunications services in the Dominican Republic. The range of services provided include subscription-based television, internet access, voice and data services, and connectivity and interconnection through wireless transmission systems (MMDS, WiMAX, and point-to-point access through microwaves) and fiber optics. Wind was awarded a national concession and license to operate the 2.5 GHz to 2.7 GHz frequency segment for a period of 20 years. The Company has been operating since 2008 and as of December 2010 it employed approximately 350 workers. The IIC will be supporting the Company’s national expansion plan with an equity investment of up to US$5 million. The Company’s expansion plan, which covers the municipalities of Moca, La Vega, Esperanza, San Cristóbal, San Pedro, and La Romana, among others, mainly comprises investments in infrastructure and television and internet reception equipment. The Company seeks to offer television services in areas not covered by IPTV or cable, where there is only satellite coverage, and internet and VoIP services in areas not covered by DSL or cable modem operators. The expansion plan will also strengthen the triple-play service. With this project, the CII seeks to support the national expansion of voice, data, and video telecommunications services in the Dominican Republic while supporting a proposal for innovative technology in a market with high growth potential. Wind Telecom, S.A. (the "Company" or "Wind") provides voice, data, and video telecommunications services in the Dominican Republic. The range of services provided include subscription-based television, internet access, voice and data services, and connectivity and interconnection through wireless transmission systems (MMDS, WiMAX, and point-to-point access through microwaves) and fiber optics. Wind was awarded a national concession and license to operate the 2.5 GHz to 2.7 GHz frequency segment for a period of 20 years. The Company has been operating since 2008 and as of December 2010 it employed approximately 350 workers. The IIC will be supporting the Company’s national expansion plan with an equity investment of up to US$5 million. The Company’s expansion plan, which covers the municipalities of Moca, La Vega, Esperanza, San Cristóbal, San Pedro, and La Romana, among others, mainly comprises investments in infrastructure and television and internet reception equipment. The Company seeks to offer television services in areas not covered by IPTV or cable, where there is only satellite coverage, and internet and VoIP services in areas not covered by DSL or cable modem operators. The expansion plan will also strengthen the triple-play service. With this project, the CII seeks to support the national expansion of voice, data, and video telecommunications services in the Dominican Republic while supporting a proposal for innovative technology in a market with high growth potential. IDB Invest Wind Telecom, S.A. IDB Invest Piffaretti, Pablo Eduardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Digital Economy 1136360 1136360 1136360 Wind Telecom, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU3771A-01 IDB Invest Bioetanol Bioetanol IDB Invest IDB Invest Beckham, John +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Agribusiness 5700000 5700000 5700000 Bioetanol Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3773A-01 IDB Invest The project consists of a loan of up to 150 million Mexican pesos to a leasing company. Through the loan the IIC will promote financing for capital goods for small and medium-size companies in Mexico. The project consists of a loan of up to 150 million Mexican pesos to a leasing company. Through the loan the IIC will promote financing for capital goods for small and medium-size companies in Mexico. IDB Invest Sinca INBURSA Sociedad de Inversión de Capitales IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 14000000 14000000 14000000 Pure Leasing S.A. de CV Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR0006A-01 IDB Invest ENGEMAQ Equipamentos, Maquinas e Eletronica ENGEMAQ Equipamentos, Maquinas e Eletronica IDB Invest IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Manufacturing 4500000 4500000 4500000 ENGEMAQ Equipamentos, Maquinas e Eletronica Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR3771A-01 IDB Invest Wind Power Energía S.A. (WPE) is a member of Grupo IMPSA, which has designed, produced and marketed high capacity wind power equipment since September 2008 in Cabo de Santo Agostinho, State of Pernambuco, Brazil. WPE also provides construction services, including the assembly and installation of generators, electrical components, and other industrial equipment for the energy sector. Its annual production capacity is 300 wind generators and it is expanding to produce electromechanical equipment for hydroelectric plants, as well as increasing its capacity for producing wind power generators. WPE primarily supplies wind farms in Brazil and, depending on demand, may begin to supply wind farms in Argentina, Chile, Uruguay, and other locations. It is the only company in Latin America with the technology to produce this kind of equipment. Currently, the assembly of domestic and imported parts at its manufacturing plant in Recife involves a heavy workload for the company’s electrical engineers. This IIC operation seeks to provide Wind Power Energía with financing for working capital for its growing production and supply of wind generators and to meet the increased demand for wind farms in Santa Catarina and Ceará, in Brazil. Wind Power Energía S.A. (WPE) is a member of Grupo IMPSA, which has designed, produced and marketed high capacity wind power equipment since September 2008 in Cabo de Santo Agostinho, State of Pernambuco, Brazil. WPE also provides construction services, including the assembly and installation of generators, electrical components, and other industrial equipment for the energy sector. Its annual production capacity is 300 wind generators and it is expanding to produce electromechanical equipment for hydroelectric plants, as well as increasing its capacity for producing wind power generators. WPE primarily supplies wind farms in Brazil and, depending on demand, may begin to supply wind farms in Argentina, Chile, Uruguay, and other locations. It is the only company in Latin America with the technology to produce this kind of equipment. Currently, the assembly of domestic and imported parts at its manufacturing plant in Recife involves a heavy workload for the company’s electrical engineers. This IIC operation seeks to provide Wind Power Energía with financing for working capital for its growing production and supply of wind generators and to meet the increased demand for wind farms in Santa Catarina and Ceará, in Brazil. IDB Invest Wind Power Energía S.A. IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Energy 5000000 5000000 5000000 Wind Power Energia S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR1041A-01 IDB Invest The proposed project consists of a medium-term loan of up to US$1 million to Banco Regional S.A. The loan proceeds will be used to provide financing to small and medium-size agricultural companies in Paraguay that require medium-term funds to finance working capital needs. The proposed project consists of a medium-term loan of up to US$1 million to Banco Regional S.A. The loan proceeds will be used to provide financing to small and medium-size agricultural companies in Paraguay that require medium-term funds to finance working capital needs. IDB Invest Banco Regional S.A. IDB Invest Rincon, Margarita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 1000000 1000000 1000000 Banco Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3751A-02 IDB Invest The project consists of a loan of up to US$7 million to Factotal S.A. The loan proceeds will enable Factotal to carry out factoring and leasing operations with small and medium-sized Chilean companies. The project consists of a loan of up to US$7 million to Factotal S.A. The loan proceeds will enable Factotal to carry out factoring and leasing operations with small and medium-sized Chilean companies. IDB Invest Factotal S.A. IDB Invest Acuña Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 7000000 7000000 7000000 Factotal S.A. II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1102A-01 IDB Invest Project Description: The Project consists of a 5-year subordinated loan for up to US$1 million. These funds will be used to finance the acquisition of new software and systems so can SFI can strengthen and expand its operations. SFI will provide high quality independent mortgage servicing to issuers of mortgage-backed securities in Brazil. Mortgage servicing is critical in the development of a secondary market infrastructure in Brazil. Project Description: The Project consists of a 5-year subordinated loan for up to US$1 million. These funds will be used to finance the acquisition of new software and systems so can SFI can strengthen and expand its operations. SFI will provide high quality independent mortgage servicing to issuers of mortgage-backed securities in Brazil. Mortgage servicing is critical in the development of a secondary market infrastructure in Brazil. IDB Invest SFI-Serviços Financeiros Imobiliários IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 1000000 1000000 1000000 Servicos Financeiros Imobilliarios Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3824A-01 IDB Invest The proposed loan consists of an up to US$30 million subordinated loan to Banco de Crédito del Perú S.A. for supporting the bank's long-term growth. The project will help strengthen the bank's balance sheet, diversify its sources of funding, maintain its strong liquidity position, and enhance its capital. The proposed loan consists of an up to US$30 million subordinated loan to Banco de Crédito del Perú S.A. for supporting the bank's long-term growth. The project will help strengthen the bank's balance sheet, diversify its sources of funding, maintain its strong liquidity position, and enhance its capital. IDB Invest Banco de Crédito del Perú S.A. IDB Invest Bettiol, Rita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 30000000 30000000 30000000 Banco de Credito Perú Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3153A-01 IDB Invest Lamitech is a leading producer of high-pressure decorative laminates in Colombia and in South America’s Andean region. Lamitech began operations in mid-1980. It has been known for innovation and continuous improvements to its products, its export orientation, its broad range of products, and good customer service. Lamitech has successfully implemented expedited delivery service to its customers in Colombia and reliable, timely delivery to its customers abroad. The IIC loan will help Lamitech significantly increase its production capacity and allow it to consolidate its export market operations. Specifically, the project includes an expansion of civil works at the plant, the purchase of machinery, equipment, and infrastructure to increase the Company’s installed capacity, financing of start-up costs, testing, and ongoing working capital requirements. This loan under consideration is the second IIC loan to Lamitech. The first IIC transaction with Lamitech was executed in 1993; Lamitech paid to the IIC on time and fulfilled all the requirements of the first loan agreement. Lamitech is a leading producer of high-pressure decorative laminates in Colombia and in South America’s Andean region. Lamitech began operations in mid-1980. It has been known for innovation and continuous improvements to its products, its export orientation, its broad range of products, and good customer service. Lamitech has successfully implemented expedited delivery service to its customers in Colombia and reliable, timely delivery to its customers abroad. The IIC loan will help Lamitech significantly increase its production capacity and allow it to consolidate its export market operations. Specifically, the project includes an expansion of civil works at the plant, the purchase of machinery, equipment, and infrastructure to increase the Company’s installed capacity, financing of start-up costs, testing, and ongoing working capital requirements. This loan under consideration is the second IIC loan to Lamitech. The first IIC transaction with Lamitech was executed in 1993; Lamitech paid to the IIC on time and fulfilled all the requirements of the first loan agreement. IDB Invest Lamitech IDB Invest Hernandez, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Social Infrastructure 10200000 10200000 10200000 Lamitech II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU1011A-01 IDB Invest Desarrollos Hoteleros, S.A. Desarrollos Hoteleros, S.A. IDB Invest IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Tourism 4200000 4200000 4200000 Desarrollos Hoteleros, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO1043A-01 IDB Invest Leasing Colmena, S.A. Leasing Colmena, S.A. IDB Invest IDB Invest Zuluaga, Juan Eduardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 3000000 3000000 3000000 Leasing Colmena, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU1039A-01 IDB Invest Cabcorp-Guatemala Cabcorp-Guatemala IDB Invest IDB Invest Otarola, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Manufacturing 10000000 10000000 10000000 Cabcorp-Guatemala Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3754A-01 IDB Invest Austral Food processes and exports fresh/refrigerated and frozen fish, particularly deep-sea cod, albacore, southern hake, salmon, and a variety of other fish and seafood. Austral Food purchases fresh fish from local independent fishermen and international suppliers. At its plant, Austral processes and packages the fish according to the clients’ requests and either freezes the product or ships it fresh/refrigerated to international markets. A percentage is sold locally. Austral requested an IIC loan of US$3 million to finance working capital. Austral has found new sources to supply fish, which will allow it to significantly increase sales. To do so the company needs to finance a larger inventory and accounts receivable, since raw materials are purchased on a cash basis. Austral Food processes and exports fresh/refrigerated and frozen fish, particularly deep-sea cod, albacore, southern hake, salmon, and a variety of other fish and seafood. Austral Food purchases fresh fish from local independent fishermen and international suppliers. At its plant, Austral processes and packages the fish according to the clients’ requests and either freezes the product or ships it fresh/refrigerated to international markets. A percentage is sold locally. Austral requested an IIC loan of US$3 million to finance working capital. Austral has found new sources to supply fish, which will allow it to significantly increase sales. To do so the company needs to finance a larger inventory and accounts receivable, since raw materials are purchased on a cash basis. IDB Invest Austral Food S.A. IDB Invest Orellana, Ana Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Agribusiness 3000000 3000000 3000000 Austral Foods S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1029A-01 IDB Invest Fábrica de Papel Santa Therezinha S.A. Fábrica de Papel Santa Therezinha S.A. IDB Invest IDB Invest Varela, Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Agribusiness 8000000 8000000 8000000 Fábrica de Papel Santa Therezinha S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH1056A-02 IDB Invest The financing from the IIC is in line with the Company’s strategic plan, which calls for investments during the period 2007-2009. The plan’s main goal is to prepare Invertec Pesquera to double its 2006 salmon production volume from 2009 on. The proposed IIC loan will be used to finance certain investments in fixed assets and working capital that the Company plans to make during 2008. These investments will help Invertec Pesquera to continue to increase its production volume. In the salmon industry, this is key for reaching the necessary economies of scale that will enable the Company to weather the volatility that is characteristic of this sector. With this project, the IIC will also (i) continue to support one of Chile’s main foreign-currency generating industries; (ii) continue to support the development of a medium-size Chilean salmon company so that it maintains its competitive position in a sector dominated by large, foreign-owned companies; and (iii) decrease the concentration of salmon production in the Island of Chiloé by promoting the development of the salmon industry in Chile’s Region XI, where development and investment levels are low. The financing from the IIC is in line with the Company’s strategic plan, which calls for investments during the period 2007-2009. The plan’s main goal is to prepare Invertec Pesquera to double its 2006 salmon production volume from 2009 on. The proposed IIC loan will be used to finance certain investments in fixed assets and working capital that the Company plans to make during 2008. These investments will help Invertec Pesquera to continue to increase its production volume. In the salmon industry, this is key for reaching the necessary economies of scale that will enable the Company to weather the volatility that is characteristic of this sector. With this project, the IIC will also (i) continue to support one of Chile’s main foreign-currency generating industries; (ii) continue to support the development of a medium-size Chilean salmon company so that it maintains its competitive position in a sector dominated by large, foreign-owned companies; and (iii) decrease the concentration of salmon production in the Island of Chiloé by promoting the development of the salmon industry in Chile’s Region XI, where development and investment levels are low. IDB Invest Invertec Pesquera Mar de Chiloé S.A. IDB Invest Barsantini, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Agribusiness 10000000 10000000 10000000 Invertec Pesquera Mar de Chiloé Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3868A-01 IDB Invest Sociedad Agrícola e Industrial San Carlos S.A. (Ingenio San Carlos), founded in 1937, has a long track record as an integrated producer of sugar, cogenerated power, and alcohol. Over the past three years it has produced, on average, 31% of Ecuador’s total sugar output, and it has a one-third share, approximately, of Ecuador’s sugar market. On July 20, 2010, the Ministry of the Environment tapped Ingenio San Carlos for the Ecuadorian environmental recognition award for 2010 (the first in the country’s history) in view of the company’s cleaner production program. This program refers to Ingenio San Carlos’ project for cogenerating electricity from biomass (bagasse) that enables the company to sell surplus power to the national grid. The purpose of this IIC operation is to enable Ingenio San Carlos to finance a part of its investments in fixed assets for 2010, mainly in irrigation systems, equipment, and plant maintenance. Sociedad Agrícola e Industrial San Carlos S.A. (Ingenio San Carlos), founded in 1937, has a long track record as an integrated producer of sugar, cogenerated power, and alcohol. Over the past three years it has produced, on average, 31% of Ecuador’s total sugar output, and it has a one-third share, approximately, of Ecuador’s sugar market. On July 20, 2010, the Ministry of the Environment tapped Ingenio San Carlos for the Ecuadorian environmental recognition award for 2010 (the first in the country’s history) in view of the company’s cleaner production program. This program refers to Ingenio San Carlos’ project for cogenerating electricity from biomass (bagasse) that enables the company to sell surplus power to the national grid. The purpose of this IIC operation is to enable Ingenio San Carlos to finance a part of its investments in fixed assets for 2010, mainly in irrigation systems, equipment, and plant maintenance. IDB Invest Sociedad Agrícola e Industrial San Carlos S.A. IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Agribusiness 7000000 7000000 7000000 Ingenio San Carlos Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1058A-01 IDB Invest Brazilian Equity Investment III Ltd. Brazilian Equity Investment III Ltd. IDB Invest IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 5000000 5000000 5000000 Brazilian Equity Investment III Ltd. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO3575A-01 IDB Invest Gráfica Sagitario Gráfica Sagitario IDB Invest IDB Invest Lesme, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Manufacturing 375000 375000 375000 Gráfica Sagitario Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3904A-01 IDB Invest The project involves a private equity closed-end investment fund (the "Fund") for growth financing of small and medium-size companies, managed by Promotora de Proyectos, a private equity management company whose main shareholder is Grupo de Inversiones Suramericana S.A. Grupo de Inversiones Suramericana is the main shareholder of Grupo Bancolombia. The Fund’s administrator is Valores Bancolombia, a stockbroker for Grupo Bancolombia. The Fund is expected to close with investment commitments of CO$80 billion (eighty billion Colombian pesos), equivalent to approximately US$40 million. The Fund is organized under Decree 2175, enacted in June 2007 to establish a framework for the sound development of the equity investment industry in Colombia. The major investors are Colombian institutional investors and pension funds (they account for about 50%). Three development financial institutions, including the IIC, will account for about 25% of investment commitments. The Fund will invest to further the growth of small and medium-size companies in Colombia, primarily. Most of the Fund’s portfolio is expected to be composed of companies with annual sales below CO$40 billion, equivalent to approximately US$20 million. The project involves a private equity closed-end investment fund (the "Fund") for growth financing of small and medium-size companies, managed by Promotora de Proyectos, a private equity management company whose main shareholder is Grupo de Inversiones Suramericana S.A. Grupo de Inversiones Suramericana is the main shareholder of Grupo Bancolombia. The Fund’s administrator is Valores Bancolombia, a stockbroker for Grupo Bancolombia. The Fund is expected to close with investment commitments of CO$80 billion (eighty billion Colombian pesos), equivalent to approximately US$40 million. The Fund is organized under Decree 2175, enacted in June 2007 to establish a framework for the sound development of the equity investment industry in Colombia. The major investors are Colombian institutional investors and pension funds (they account for about 50%). Three development financial institutions, including the IIC, will account for about 25% of investment commitments. The Fund will invest to further the growth of small and medium-size companies in Colombia, primarily. Most of the Fund’s portfolio is expected to be composed of companies with annual sales below CO$40 billion, equivalent to approximately US$20 million. IDB Invest Grupo de Inversiones Suramericana S.A. IDB Invest Parodi Serpa, Alberto Enrique +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 1301340 1301340 1301340 Fondo Escala Capital Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES3100A-02 IDB Invest Procredit ES II Procredit ES II IDB Invest IDB Invest Acuña Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions 2000000 2000000 2000000 Procredit ES II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME1048A-01 IDB Invest FINLAM S.A. de C.V. FINLAM S.A. de C.V. IDB Invest IDB Invest Thompson-Flores Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 2400000 2400000 2400000 FINLAM S.A. de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR3943A-01 IDB Invest Fibrac Fibrac IDB Invest IDB Invest Paredes, Cristina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Social Infrastructure 250000 250000 250000 Fibrac Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3744A-01 IDB Invest Fábrica de Papeles Carrascal, S.A. was founded in 1964 and produces several types of paper (liner and corrugated paper) and corrugated cardboard boxes from recycled paper. Carrascal sells the paper to third parties. It also uses it to produce corrugated cardboard sheets that are sold to small and medium-size companies, and cardboard boxes, sold mainly to the industrial market. In 2005, Carrascal established a 99.9%-owned subsidiary, Neopak, S.A. With its modern machinery, Neopak’s new plant will help improve the group’s production efficiency and enable it to enter the corrugated cardboard box export market. Neopak has requested a US$5,000,000 loan from the IIC to finance working capital needed to start the production of corrugated cardboard boxes, mainly for fruit export companies. Fábrica de Papeles Carrascal, S.A. was founded in 1964 and produces several types of paper (liner and corrugated paper) and corrugated cardboard boxes from recycled paper. Carrascal sells the paper to third parties. It also uses it to produce corrugated cardboard sheets that are sold to small and medium-size companies, and cardboard boxes, sold mainly to the industrial market. In 2005, Carrascal established a 99.9%-owned subsidiary, Neopak, S.A. With its modern machinery, Neopak’s new plant will help improve the group’s production efficiency and enable it to enter the corrugated cardboard box export market. Neopak has requested a US$5,000,000 loan from the IIC to finance working capital needed to start the production of corrugated cardboard boxes, mainly for fruit export companies. IDB Invest Neopak, S.A and Fábrica de Papeles Carrascal, S.A. IDB Invest Orellana, Ana Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Agribusiness 5000000 5000000 5000000 Neopak Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR0030A-01 IDB Invest Potasio Río Colorado S.A. Potasio Río Colorado S.A. IDB Invest IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Energy 6000000 6000000 6000000 Potasio Río Colorado S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC1036A-01 IDB Invest Giuseppe Torri & Nelly D. Rodriguez Giuseppe Torri & Nelly D. Rodriguez IDB Invest IDB Invest Perez Silva, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Agribusiness 325000 325000 325000 Giuseppe Torri & Nelly D. Rodriguez Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3851A-01 IDB Invest The project consists of a corporate loan to be used for funding permanent working capital requirements, principally accounts receivable and inventories. The loan will support the growth and development plans for Sukasa and Todohogar stores in Ecuador’s main cities. Comohogar offers quality products at competitive prices for all economic sectors and households throughout the Republic of Ecuador, where it has a successful track record of more than fifteen years. Comohogar is part of the Supermercados La Favorita group of companies, a leader in the retail sector. The project consists of a corporate loan to be used for funding permanent working capital requirements, principally accounts receivable and inventories. The loan will support the growth and development plans for Sukasa and Todohogar stores in Ecuador’s main cities. Comohogar offers quality products at competitive prices for all economic sectors and households throughout the Republic of Ecuador, where it has a successful track record of more than fifteen years. Comohogar is part of the Supermercados La Favorita group of companies, a leader in the retail sector. IDB Invest COMOHOGAR, S.A. IDB Invest Hernandez, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing 10000000 10000000 10000000 Comohogar S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3940A-01 IDB Invest The project consists of a credit line of up to US$30 million to Banco Davivienda S.A. The proceeds from this credit line will be used to provide financing to eligible small and medium-sized Colombian enterprises in a variety of productive sectors. The project consists of a credit line of up to US$30 million to Banco Davivienda S.A. The proceeds from this credit line will be used to provide financing to eligible small and medium-sized Colombian enterprises in a variety of productive sectors. IDB Invest Banco Davivienda S.A. IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 30000000 30000000 30000000 Banco Davivienda S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR0002A-01 IDB Invest Migranja Migranja IDB Invest IDB Invest Varela, Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Agribusiness 3350000 3350000 3350000 Migranja Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3838A-02 IDB Invest The proposed project consists of granting a new, four-year loan of up to US$2 million to Arrendadora CAFSA S.A. and Financiera CAFSA S.A. The loan proceeds will help eligible companies finance their fixed asset purchase needs, especially for vehicles, to be able to operate in such productive sectors as services, trade, transportation, and tourism. Eligible companies shall be located in the metropolitan area of San José and Zapote, and in the rural areas of Liberia, San Carlos, and Pérez Zeledón. The proposed project consists of granting a new, four-year loan of up to US$2 million to Arrendadora CAFSA S.A. and Financiera CAFSA S.A. The loan proceeds will help eligible companies finance their fixed asset purchase needs, especially for vehicles, to be able to operate in such productive sectors as services, trade, transportation, and tourism. Eligible companies shall be located in the metropolitan area of San José and Zapote, and in the rural areas of Liberia, San Carlos, and Pérez Zeledón. IDB Invest Financiera CAFSA S.A. and Arrendadora CAFSA S.A./ Corporación CAFSA S.A. (Sponsor) IDB Invest Rincon, Margarita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 2000000 2000000 2000000 Financiera y Arrendadora Cafsa II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HA1005A-01 IDB Invest Appliance and Multi-Industries, S.A. Appliance and Multi-Industries, S.A. IDB Invest IDB Invest Thompson-Flores Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Haiti Haiti Manufacturing 1000000 1000000 1000000 Appliance and Multi-Industries, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR1161A-01 IDB Invest Project Description: Publicidad Sarmiento S.A. (PS) is an Argentine company with a track record of more than fifty years in the outdoor advertising market. The Publicidad Sarmiento project entails expanding PS's operations in Argentina and starting up and expanding the operations of its Chilean affiliate, Grupo Sarmiento S.A.(GSSA). In public bidding, GSSA has won concession contracts from the Ilustre Municipalidad de Santiago (the Santiago district) and the Ilustre Municipalidad de Vitacura (the Vitacura district) to provide urban fixtures for them. The project also entails investing in information systems and purchasing 47.9% of the shares of GSSA. IIC's role in the proposed transaction is important for the following reasons: By granting long-term financing on reasonable terms, the IIC will enable a Latin American corporation to compete internationally with non-Latin American companies that have access to long-term financing on terms that are more favorable than those that are available on the local market. By developing outdoor advertising venues and mainly the development of projects of urban fixtures, and especially by contracting through municipalities, municipal governments obtain new resources from hitherto nonexistent sources. This enables them to reduce their financial deficits and finance works for the community. Also, communities thus acquire urban fixtures that are not only attractive but also have functional value for their inhabitants. The project will also have a positive impact by creating jobs, both directly and indirectly. Project Description: Publicidad Sarmiento S.A. (PS) is an Argentine company with a track record of more than fifty years in the outdoor advertising market. The Publicidad Sarmiento project entails expanding PS's operations in Argentina and starting up and expanding the operations of its Chilean affiliate, Grupo Sarmiento S.A.(GSSA). In public bidding, GSSA has won concession contracts from the Ilustre Municipalidad de Santiago (the Santiago district) and the Ilustre Municipalidad de Vitacura (the Vitacura district) to provide urban fixtures for them. The project also entails investing in information systems and purchasing 47.9% of the shares of GSSA. IIC's role in the proposed transaction is important for the following reasons: By granting long-term financing on reasonable terms, the IIC will enable a Latin American corporation to compete internationally with non-Latin American companies that have access to long-term financing on terms that are more favorable than those that are available on the local market. By developing outdoor advertising venues and mainly the development of projects of urban fixtures, and especially by contracting through municipalities, municipal governments obtain new resources from hitherto nonexistent sources. This enables them to reduce their financial deficits and finance works for the community. Also, communities thus acquire urban fixtures that are not only attractive but also have functional value for their inhabitants. The project will also have a positive impact by creating jobs, both directly and indirectly. IDB Invest Publicidad Sarmiento S.A. IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Manufacturing 6500000 6500000 6500000 Publicidad Sarmiento Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR3804A-01 IDB Invest Bricapar Bricapar IDB Invest IDB Invest Lesme, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Agribusiness 215000 215000 215000 Bricapar Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME1151B-01 IDB Invest This operation is rather like a corporate loan of US$1 million to be used for purchasing equipment (chiefly laboratory equipment, computers, and some vehicles for transporting teachers to other campuses or to corporate programs). The loan will enable UNIVA to upgrade its equipment. This operation is rather like a corporate loan of US$1 million to be used for purchasing equipment (chiefly laboratory equipment, computers, and some vehicles for transporting teachers to other campuses or to corporate programs). The loan will enable UNIVA to upgrade its equipment. IDB Invest Instituto Superior Autónomo de Occidente, A.C. IDB Invest Otarola, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Social Infrastructure 1000000 1000000 1000000 Instituto Superior Autónomo de Occidente. A.C. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1112A-01 IDB Invest Quimpac, S.A. ("Quimpac" or the "Company") has three lines of business: a) the production of chemicals such as caustic soda, sodium hypochlorite, liquid chlorine, hydrochloric acid, and dicalcium phosphate via salt electrolysis; b) production of salt for domestic and industrial consumption, as well as melting salt; and c) production of writing paper and sanitary tissue, using bagasse derived from the processing of sugarcane as the principal input. In this way, Quimpac has consolidated three business units within a single company and is the sole integrated producer of salt, chemicals, and paper rolls in Peru. This, in turn, has made the company one of the five major producers of chlorine and soda in South America and the leading producer of paper rolls in Peru. The project involves a series of investments in infrastructure, machinery, and equipment to replace outdated assets, reduce production costs, improve environmental conditions, and make better use of the installed capacity (the "Project"). The Project includes forty-five distinct subprojects or investments in the three areas of business at the plants located in Oquendo (Callao) and Paramonga, as well as at the saltworks and refinery in Huacho and the saltworks in Otuma. The total cost of the project is nearly US$26.9 million, of which the IIC will provide US$10 million in the form of a long-term loan. Quimpac, S.A. ("Quimpac" or the "Company") has three lines of business: a) the production of chemicals such as caustic soda, sodium hypochlorite, liquid chlorine, hydrochloric acid, and dicalcium phosphate via salt electrolysis; b) production of salt for domestic and industrial consumption, as well as melting salt; and c) production of writing paper and sanitary tissue, using bagasse derived from the processing of sugarcane as the principal input. In this way, Quimpac has consolidated three business units within a single company and is the sole integrated producer of salt, chemicals, and paper rolls in Peru. This, in turn, has made the company one of the five major producers of chlorine and soda in South America and the leading producer of paper rolls in Peru. The project involves a series of investments in infrastructure, machinery, and equipment to replace outdated assets, reduce production costs, improve environmental conditions, and make better use of the installed capacity (the "Project"). The Project includes forty-five distinct subprojects or investments in the three areas of business at the plants located in Oquendo (Callao) and Paramonga, as well as at the saltworks and refinery in Huacho and the saltworks in Otuma. The total cost of the project is nearly US$26.9 million, of which the IIC will provide US$10 million in the form of a long-term loan. IDB Invest Quimpac, S.A. IDB Invest Pereira, Juan Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Social Infrastructure 10000000 10000000 10000000 Quimpac, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME1041A-01 IDB Invest Banco del Centro, S.A. Banco del Centro, S.A. IDB Invest IDB Invest Sternberg, Edgardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 10000000 10000000 10000000 Banco del Centro, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO1069A-01 IDB Invest Termoeléctrica de La Dorada Termoeléctrica de La Dorada IDB Invest IDB Invest Philippe Prosper, Jean +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Energy 4950000 4950000 4950000 Termoeléctrica de La Dorada Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3893A-01 IDB Invest Leasing Total is a leasing company that finances small and medium-size companies that provide services to large companies in such industries as utilities (electricity, water, telephony), healthcare, oil and mining, construction, and trade. The purpose of the IIC project is to support Leasing Total’s activities and partially fund the growth of its leasing portfolio. The US$1.5 million IIC loan will enable the company to further diversify its sources of medium-term funding and match the loan term with leasing agreement terms. Leasing Total is a leasing company that finances small and medium-size companies that provide services to large companies in such industries as utilities (electricity, water, telephony), healthcare, oil and mining, construction, and trade. The purpose of the IIC project is to support Leasing Total’s activities and partially fund the growth of its leasing portfolio. The US$1.5 million IIC loan will enable the company to further diversify its sources of medium-term funding and match the loan term with leasing agreement terms. IDB Invest Grupo Progreso IDB Invest De Narvaez, Olga Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 1500000 1500000 1500000 Leasing Total Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME0020A-01 IDB Invest Textiles de San Luis, Rio Colorado Textiles de San Luis, Rio Colorado IDB Invest IDB Invest Philippe Prosper, Jean +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 5600000 5600000 5600000 Textiles de San Luis, Rio Colorado Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1060B-01 IDB Invest Pesquera Diamante produces fishmeal and its byproduct, fish oil. It has a fleet of twenty-four fishing vessels and five plants located in Callao, Pisco, Supe, Samanco, and Mollendo. Fishmeal is processed in steam drying lines equipped with direct flame dryers (for FAQ/flame dried quality products). The IIC loan of up to US$8 million will be used to refinance the short-term debt incurred by the company when it expanded its fleet, and to refinance other short-term debts. The IIC loan will enable Pesquera Diamante S.A. to improve its funding structure, adapt is repayment flow to natural business cycles, and thus ensure proper cash flow management. Pesquera Diamante produces fishmeal and its byproduct, fish oil. It has a fleet of twenty-four fishing vessels and five plants located in Callao, Pisco, Supe, Samanco, and Mollendo. Fishmeal is processed in steam drying lines equipped with direct flame dryers (for FAQ/flame dried quality products). The IIC loan of up to US$8 million will be used to refinance the short-term debt incurred by the company when it expanded its fleet, and to refinance other short-term debts. The IIC loan will enable Pesquera Diamante S.A. to improve its funding structure, adapt is repayment flow to natural business cycles, and thus ensure proper cash flow management. IDB Invest Pesquera Diamante S.A. IDB Invest Ciurlizza, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Agribusiness 8000000 8000000 8000000 Pesquera Diamante II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO1043A-01 IDB Invest The purpose of Aqua Honduras' expansion project is to increase the annual output of tilapia from 5,750 MT to 9,000 MT by around 2006. This requires building new fish ponds and increasing the processing and packaging capacity, as well as additional working capital. The project also envisages the construction of a new waste treatment plant that will enable the company to process solid fish scraps. Partial refinancing of the company's debt is also included, in order to release essential assets that will be required by the IIC as part of the security package. The fish farms currently cover a 16-hectare area and include ponds of different sizes, intended for various purposes (for example, hatcheries, reproduction ponds, grow-out ponds), in an intensive and fully-controlled tilapia farming process. The proposed project involves 60 additional hectares for 58 new ponds, a 5-hectare water reservoir and additional storage space for feed and other materials. IIC's participation has been crucial because we have assisted the company in structuring the project investments and the financial plan. Other investments that the company was considering were incorporated into an integral investment program like the one being proposed. The project includes the construction of a solid waste treatment plant to process fish scraps. This will have a positive environmental impact and will also be an example and a model for other fish farms to follow. At the company's request, IIC has invited another financial institution to participate in the project financing. By taking part in the project, IIC will support the Honduran tilapia export industry, because the company is the country's largest tilapia farming business. Moreover, Aqua Honduras is promoting and leading a market alliance (and a joint venture in some cases) with other tilapia farming businesses in Latin American countries such as El Salvador, Belize, Peru, and Panama. Tilapia farming is growing steadily and has considerable potential. The purpose of Aqua Honduras' expansion project is to increase the annual output of tilapia from 5,750 MT to 9,000 MT by around 2006. This requires building new fish ponds and increasing the processing and packaging capacity, as well as additional working capital. The project also envisages the construction of a new waste treatment plant that will enable the company to process solid fish scraps. Partial refinancing of the company's debt is also included, in order to release essential assets that will be required by the IIC as part of the security package. The fish farms currently cover a 16-hectare area and include ponds of different sizes, intended for various purposes (for example, hatcheries, reproduction ponds, grow-out ponds), in an intensive and fully-controlled tilapia farming process. The proposed project involves 60 additional hectares for 58 new ponds, a 5-hectare water reservoir and additional storage space for feed and other materials. IIC's participation has been crucial because we have assisted the company in structuring the project investments and the financial plan. Other investments that the company was considering were incorporated into an integral investment program like the one being proposed. The project includes the construction of a solid waste treatment plant to process fish scraps. This will have a positive environmental impact and will also be an example and a model for other fish farms to follow. At the company's request, IIC has invited another financial institution to participate in the project financing. By taking part in the project, IIC will support the Honduran tilapia export industry, because the company is the country's largest tilapia farming business. Moreover, Aqua Honduras is promoting and leading a market alliance (and a joint venture in some cases) with other tilapia farming businesses in Latin American countries such as El Salvador, Belize, Peru, and Panama. Tilapia farming is growing steadily and has considerable potential. IDB Invest Invalar Group (Albir Family) IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Agribusiness 3700000 3700000 3700000 Aqua Corporación de Honduras, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1099B-01 IDB Invest Brazilian Securities II Brazilian Securities II IDB Invest IDB Invest Moscoso, Victor Hugo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 10000000 10000000 10000000 Brazilian Securities II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1060A-01 IDB Invest Pesquera Diamante S.A. Pesquera Diamante S.A. IDB Invest IDB Invest Rico, Ricardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Agribusiness 2800000 2800000 2800000 Pesquera Diamante S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR1073A-01 IDB Invest The project consists of a seven year loan of up to US$6 million. The loan will be used to provide medium and long-term financing to small and medium-sized companies. The project consists of a seven year loan of up to US$6 million. The loan will be used to provide medium and long-term financing to small and medium-sized companies. IDB Invest Banco Improsa S.A. IDB Invest Rincon, Margarita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 6000000 6000000 6000000 Banco Improsa Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO1076A-01 IDB Invest The Project involves increasing the refinery's processing capacity and extending the product line to include gasoline and premium gasoline. A new crude processing unit and a catalytic reforming unit will be installed. The expansion will take total processing capacity from 2,000 to 3,000 BPD. The Project cost is US$11.9 million, of which the IIC will finance up to US$4 million through a long-term loan. The Project involves increasing the refinery's processing capacity and extending the product line to include gasoline and premium gasoline. A new crude processing unit and a catalytic reforming unit will be installed. The expansion will take total processing capacity from 2,000 to 3,000 BPD. The Project cost is US$11.9 million, of which the IIC will finance up to US$4 million through a long-term loan. IDB Invest Import-Export America Russ Ltda. (in transformation into Refinería Oro Negro, S.A.) IDB Invest Orellana, Ana Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Energy 4000000 4000000 4000000 Refineria Oro Negro Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME1110A-02 IDB Invest Baring Mexico Private Equity Fund II Baring Mexico Private Equity Fund II IDB Invest IDB Invest Otarola, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 5085000 5085000 5085000 Baring Mexico Private Equity Fund II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO1078A-01 IDB Invest Corfisantander Corfisantander IDB Invest IDB Invest Philippe Prosper, Jean +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 10000000 10000000 10000000 Corfisantander Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC1027A-01 IDB Invest Compania de Titularización Hipotecaria Compania de Titularización Hipotecaria IDB Invest IDB Invest Arizu, Sotero +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 5000000 5000000 5000000 Compania de Titularización Hipotecaria Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC1001A-01 IDB Invest Solubles Ecuatorianos Solubel, S.A. Solubles Ecuatorianos Solubel, S.A. IDB Invest IDB Invest Mahler, Mario +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing 1800000 1800000 1800000 Solubles Ecuatorianos Solubel, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO1008A-01 IDB Invest Banco Boliviano Americano Banco Boliviano Americano IDB Invest IDB Invest Romero, Gustavo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Financial Institutions 6000000 6000000 6000000 Banco Boliviano Americano Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1007A-01 IDB Invest Banco BMC, S.A. Banco BMC, S.A. IDB Invest IDB Invest Varela, Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 8000000 8000000 8000000 Banco BMC, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES1016A-01 IDB Invest Bon Appetit, S.A. Bon Appetit, S.A. IDB Invest IDB Invest Otarola, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Manufacturing 2000000 2000000 2000000 Bon Appetit, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR1137A-01 IDB Invest Desler Desler IDB Invest IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Manufacturing 6640000 6640000 6640000 Desler Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR1006A-02 IDB Invest Union Star II Union Star II IDB Invest IDB Invest Mahler, Mario +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Manufacturing 650000 650000 650000 Union Star II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR2391A-01 IDB Invest SAMAN was founded in 1942 as a small rice mill for the local market. SAMAN is now one of the top three exporters in the country and one of the biggest rice processors in Latin America. The company receives the harvest of approximately 260 independent rice growers, and processes and markets it, mostly in the export market. SAMAN also provides advisory services for the growers, finances agricultural supplies, fuel, and working capital, and sells irrigation services. SAMAN has eight plants in Uruguay’s major rice-producing areas where it receives, dries and stores rice for subsequent processing and shipping. The harvested area in the 2003-2004 season amounted to 77,000 hectares. The proposed loan shall be used to finance the company's working capital. Demand for funds in the company peaks at two points during its annual business cycle: in June, when SAMAN makes advance payments to growers based on an estimated price, and in February, when the final price of the rice purchases is paid. With this project the Corporation will help provide funding to approximately 260 independent rice growers. The proposed loan is part of the Supply Chain Financial Support Program. The specific purpose of this program is to increase the flow of financing for SMEs in Latin America and the Caribbean and identify potential clients that are part of a supply chain or suppliers of larger corporations, companies, or economic groups operating in the region. SAMAN was founded in 1942 as a small rice mill for the local market. SAMAN is now one of the top three exporters in the country and one of the biggest rice processors in Latin America. The company receives the harvest of approximately 260 independent rice growers, and processes and markets it, mostly in the export market. SAMAN also provides advisory services for the growers, finances agricultural supplies, fuel, and working capital, and sells irrigation services. SAMAN has eight plants in Uruguay’s major rice-producing areas where it receives, dries and stores rice for subsequent processing and shipping. The harvested area in the 2003-2004 season amounted to 77,000 hectares. The proposed loan shall be used to finance the company's working capital. Demand for funds in the company peaks at two points during its annual business cycle: in June, when SAMAN makes advance payments to growers based on an estimated price, and in February, when the final price of the rice purchases is paid. With this project the Corporation will help provide funding to approximately 260 independent rice growers. The proposed loan is part of the Supply Chain Financial Support Program. The specific purpose of this program is to increase the flow of financing for SMEs in Latin America and the Caribbean and identify potential clients that are part of a supply chain or suppliers of larger corporations, companies, or economic groups operating in the region. IDB Invest Sociedad Anónima Molinos Arroceros Nacionales (SAMAN) IDB Invest Barsantini, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Agribusiness 5000000 5000000 5000000 Sociedad Anónima Molinos Arroceros Nacionales Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH2962A-01 IDB Invest The proposed project consists of a US$3 million loan to FactorLine S.A. The loan proceeds will be used to finance international factoring operations with a term of up to one year for small and medium-size companies in Chile. These companies must meet the eligibility criteria established by the IIC. The proposed project consists of a US$3 million loan to FactorLine S.A. The loan proceeds will be used to finance international factoring operations with a term of up to one year for small and medium-size companies in Chile. These companies must meet the eligibility criteria established by the IIC. IDB Invest FactorLine S.A IDB Invest Orellana, Ana Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 3000000 3000000 3000000 FactorLine Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3099A-01 IDB Invest The proposed loan of US$2,250,000 to Banco ProCredit Ecuador S.A. is intended to strengthen the institution as it continues to grow and allow it to expand its financing capabilities for local micro and small enterprises demanding working capital or capital expenditure funds. The proposed loan of US$2,250,000 to Banco ProCredit Ecuador S.A. is intended to strengthen the institution as it continues to grow and allow it to expand its financing capabilities for local micro and small enterprises demanding working capital or capital expenditure funds. IDB Invest Banco ProCredit Ecuador S.A. IDB Invest Ciurlizza, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 2250000 2250000 2250000 Banco ProCredit Ecuador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3418A-01 IDB Invest The IIC seeks to work with Nacional Financiera, S.N.C. (NAFIN) to improve the risk profile of bond placements (emisiones bursátiles) to be carried out by non-bank financial intermediaries and small and medium-size companies, by obtaining better financing terms and conditions for these companies. By introducing a new product such as partial credit guarantees, the IIC also seeks to boost financial intermediation and foster savings in the local financial market. The IIC's participation also opens the door to long-term financing in local currency for companies that are not necessarily exporters. The IIC seeks to work with Nacional Financiera, S.N.C. (NAFIN) to improve the risk profile of bond placements (emisiones bursátiles) to be carried out by non-bank financial intermediaries and small and medium-size companies, by obtaining better financing terms and conditions for these companies. By introducing a new product such as partial credit guarantees, the IIC also seeks to boost financial intermediation and foster savings in the local financial market. The IIC's participation also opens the door to long-term financing in local currency for companies that are not necessarily exporters. IDB Invest Nacional Financiera, S.N.C. IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 30000000 30000000 30000000 Programa Garantias Bursatiles NAFIN-CII Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1129A-02 IDB Invest Rabobank III Rabobank III IDB Invest IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 15000000 15000000 15000000 Rabobank III Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR3464A-01 IDB Invest Credit Uruguay Agency Line Credit Uruguay Agency Line IDB Invest IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Financial Institutions 5000000 5000000 5000000 Credit Uruguay Agency Line Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3704A-01 IDB Invest Genericos Centroamericanos, S.A. Genericos Centroamericanos, S.A. IDB Invest IDB Invest Jiron, Johnny +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Manufacturing 240000 240000 240000 Genericos Centroamericanos, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME1110A-01 IDB Invest Baring Mexico Private Equity Fund I Baring Mexico Private Equity Fund I IDB Invest IDB Invest Otarola, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 5200000 5200000 5200000 Baring Mexico Private Equity Fund I Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH1055B-01 IDB Invest Project Description: The project involves the expansion of Invertec Foods S.A. apple and capsicum (red and green bell peppers and jalapeños) dehydration facilities in Chile and the increase in the cultivation of apples required in the hydration process. The project will enable an increase in production capacity of dehydrated apples and capsicum by about 35%, from 2,593 to 3,488 tons. This will be achieved by 1) optimizing the preservation of raw materials by increasing the cold storage capacity, 2) incorporating additional stages into the drying process, 3) constructing a new warehouse for finished goods, 4) acquiring peeling equipment, 5) acquiring a sorting unit for fruit inspection to increase quality control, and 6) other investments in the plant to increase efficiency and product safety. The project also contemplates a 40% increase in the land available for apple cultivation from 176 has to 246 has. By expanding the process lines and by increasing the cold storage chambers for raw materials and finished products, the company will be able to produce throughout the year, rather than seasonally. Project Description: The project involves the expansion of Invertec Foods S.A. apple and capsicum (red and green bell peppers and jalapeños) dehydration facilities in Chile and the increase in the cultivation of apples required in the hydration process. The project will enable an increase in production capacity of dehydrated apples and capsicum by about 35%, from 2,593 to 3,488 tons. This will be achieved by 1) optimizing the preservation of raw materials by increasing the cold storage capacity, 2) incorporating additional stages into the drying process, 3) constructing a new warehouse for finished goods, 4) acquiring peeling equipment, 5) acquiring a sorting unit for fruit inspection to increase quality control, and 6) other investments in the plant to increase efficiency and product safety. The project also contemplates a 40% increase in the land available for apple cultivation from 176 has to 246 has. By expanding the process lines and by increasing the cold storage chambers for raw materials and finished products, the company will be able to produce throughout the year, rather than seasonally. IDB Invest Invertec Foods S.A., Alberto Montanari and Mario Montanari IDB Invest Barsantini, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Agribusiness 5000000 5000000 5000000 Invertec Foods S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1089A-01 IDB Invest San Jacinto San Jacinto IDB Invest IDB Invest Perez Silva, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Agribusiness 5000000 5000000 5000000 San Jacinto Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1049A-01 IDB Invest Banco de Credito Nacional Banco de Credito Nacional IDB Invest IDB Invest Echeverri, Ana Rosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 6000000 6000000 6000000 Banco de Credito Nacional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1010A-01 IDB Invest Inversiones Mineras del Sur, S.A. Inversiones Mineras del Sur, S.A. IDB Invest IDB Invest Mahler, Mario +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Energy 1800000 1800000 1800000 Inversiones Mineras del Sur, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3898A-01 IDB Invest Multinational Industrial Fund II ("MIF II" or the "Fund") is a private equity investment fund that will invest primarily in projects supporting family businesses established in Mexico in the industrial and services sectors (for example: education, entertainment, logistics, health, and tourism). The Fund’s target amount is between US$120 million and US$150 million. To date, MIF II has carried out three closings for US$80 million and is in the initial investment phase with an investment that has been executed and another that has been approved. The principal investors are Mexican pension funds and institutional investors, including Corporación Mexicana de Inversiones de Capital. IIC participation in MIF II, in the amount of US$3 million, is consistent with the IIC’s strategy of participating in private equity funds that allow it to reach a larger number of sectors and companies than it would through direct investments. In addition, the objective of the IIC is to improve the impact that MIF II has on development by introducing environmental and labor procedures and standards consistent with international guidelines, as well as to measure the impact on the development of the companies in which the Fund invests. Multinational Industrial Fund II ("MIF II" or the "Fund") is a private equity investment fund that will invest primarily in projects supporting family businesses established in Mexico in the industrial and services sectors (for example: education, entertainment, logistics, health, and tourism). The Fund’s target amount is between US$120 million and US$150 million. To date, MIF II has carried out three closings for US$80 million and is in the initial investment phase with an investment that has been executed and another that has been approved. The principal investors are Mexican pension funds and institutional investors, including Corporación Mexicana de Inversiones de Capital. IIC participation in MIF II, in the amount of US$3 million, is consistent with the IIC’s strategy of participating in private equity funds that allow it to reach a larger number of sectors and companies than it would through direct investments. In addition, the objective of the IIC is to improve the impact that MIF II has on development by introducing environmental and labor procedures and standards consistent with international guidelines, as well as to measure the impact on the development of the companies in which the Fund invests. IDB Invest Wamex Private Equity Management II, L.P. IDB Invest Ferro De Sanctis, Carlos Numen +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 1500000 1500000 1500000 Multinational Industrial Fund Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3851A-01 IDB Invest Desarrollo Agricola, S.A. II Desarrollo Agricola, S.A. II IDB Invest IDB Invest Rojas Cuellar, Lina Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Agribusiness 200000 200000 200000 Desarrollo Agricola, S.A. II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH0004B-01 IDB Invest Cultivos Marinos Internacionales II Cultivos Marinos Internacionales II IDB Invest IDB Invest Napolitano, Ornella +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Agribusiness 1000000 1000000 1000000 Cultivos Marinos Internacionales II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR0020A-01 IDB Invest Terminal 6 S.A. Terminal 6 S.A. IDB Invest IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Transport 1000000 1000000 1000000 Terminal 6 S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES1022A-01 IDB Invest The project is intended to solve Fepade's and Iseade's current infrastructure problems by building a campus in the outskirts of San Salvador. This will enable these two prestigious institutions to expand their professional training activities and will also help bring the Foundation's environmental management up to international standards. The IIC's role will cover the following areas: Long-term financing for a sound educational institution: Fepade's activities are expanding, as evidenced by its revenue growth ($2.3 million in 2001, up from $1.9 million in 1997). This clearly reflects Fepade's position in the local educational market, as well as its soundness, considering that lately the Salvadorian economy has faced a very difficult situation, with two earthquakes plus a drastic drop in the prices of its main export products (coffee and bananas). Education for all: Fepade's market niche is broad, given its variety of courses, seminars, and programs. While Fepade caters to the middle and working classes, Iseade trains and educates entrepreneurs. Thus, Fepade's educational services have a significant economic impact in El Salvador, starting with workers and going all the way up the corporate ladder. To date, Fepade and Iseade have trained more than 70,000 individuals. Tailor-made education: In 1986, a group of national and international entrepreneurs from 47 enterprises, banks, and foundations in El Salvador created Fepade to support the Government's efforts in the education sector and provide training for their staff. So far, dozens of small, medium-size, and large financial and nonfinancial enterprises have become Fepade's customers. In 2001, 91% of the total number of class-hours was for tailor-made educational services (e.g., accounting and finance, quality control, management, and human resources seminars). An institution that supports the Government's efforts in the educational area: In 1993, the Government of El Salvador created the Instituto Salvadoreño para la Formación Profesional (INSAFORP), an institution tasked with organizing and coordinating professional training courses and seminars all over the country. Fepade is one of the educational institutions that, through INSAFORP, participate in the training of Salvadoran workers. Strengthening a high-quality educational program: In late 1980, Fepade decided to create and sponsor an institution for graduate studies in business administration. After researching and studying several executive master's programs, it decided to create the Universidad Superior de Economía y Administración de Empresas (USEADE), which in 1997 became Iseade in order to meet Salvadoran legal requirements. Four hundred twenty students have graduated from this school since its inception. Currently, Iseade has several exchange agreements with foreign universities such as Florida International University (U.S.), Instituto Tecnológico de Monterrey (Mexico), and Universidad Anáhuac (Mexico). Strategic protection of the institution's financial foundations: On 14 March 1994, the United States Agency for International Development (USAID) initiated a program with Fepade under which each institution would contribute US$1 million for the creation of an endowment fund. The endowment fund was intended to provide, long-term, the resources needed for Fepade's self support. The goals originally established for this program were amply met: currently, the balance in the endowment fund is US$12.3 million. The IIC's financing will enable Fepade to avoid tapping the endowment fund's resources to finance the construction of its educational campus, thereby maintaining its sound financial position. The project is intended to solve Fepade's and Iseade's current infrastructure problems by building a campus in the outskirts of San Salvador. This will enable these two prestigious institutions to expand their professional training activities and will also help bring the Foundation's environmental management up to international standards. The IIC's role will cover the following areas: Long-term financing for a sound educational institution: Fepade's activities are expanding, as evidenced by its revenue growth ($2.3 million in 2001, up from $1.9 million in 1997). This clearly reflects Fepade's position in the local educational market, as well as its soundness, considering that lately the Salvadorian economy has faced a very difficult situation, with two earthquakes plus a drastic drop in the prices of its main export products (coffee and bananas). Education for all: Fepade's market niche is broad, given its variety of courses, seminars, and programs. While Fepade caters to the middle and working classes, Iseade trains and educates entrepreneurs. Thus, Fepade's educational services have a significant economic impact in El Salvador, starting with workers and going all the way up the corporate ladder. To date, Fepade and Iseade have trained more than 70,000 individuals. Tailor-made education: In 1986, a group of national and international entrepreneurs from 47 enterprises, banks, and foundations in El Salvador created Fepade to support the Government's efforts in the education sector and provide training for their staff. So far, dozens of small, medium-size, and large financial and nonfinancial enterprises have become Fepade's customers. In 2001, 91% of the total number of class-hours was for tailor-made educational services (e.g., accounting and finance, quality control, management, and human resources seminars). An institution that supports the Government's efforts in the educational area: In 1993, the Government of El Salvador created the Instituto Salvadoreño para la Formación Profesional (INSAFORP), an institution tasked with organizing and coordinating professional training courses and seminars all over the country. Fepade is one of the educational institutions that, through INSAFORP, participate in the training of Salvadoran workers. Strengthening a high-quality educational program: In late 1980, Fepade decided to create and sponsor an institution for graduate studies in business administration. After researching and studying several executive master's programs, it decided to create the Universidad Superior de Economía y Administración de Empresas (USEADE), which in 1997 became Iseade in order to meet Salvadoran legal requirements. Four hundred twenty students have graduated from this school since its inception. Currently, Iseade has several exchange agreements with foreign universities such as Florida International University (U.S.), Instituto Tecnológico de Monterrey (Mexico), and Universidad Anáhuac (Mexico). Strategic protection of the institution's financial foundations: On 14 March 1994, the United States Agency for International Development (USAID) initiated a program with Fepade under which each institution would contribute US$1 million for the creation of an endowment fund. The endowment fund was intended to provide, long-term, the resources needed for Fepade's self support. The goals originally established for this program were amply met: currently, the balance in the endowment fund is US$12.3 million. The IIC's financing will enable Fepade to avoid tapping the endowment fund's resources to finance the construction of its educational campus, thereby maintaining its sound financial position. IDB Invest Fundación Empresarial para el Desarrollo Educativo IDB Invest Vera Fabbri, Pablo Marcelo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Social Infrastructure 4300000 4300000 4300000 Fundacion Empresarial para el Desarrollo Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1131A-04 IDB Invest The project consists of an A Loan for US$13 million and a B Loan for US$73 million to Banco Industrial e Comercial S.A. The proceeds will be used to provide financing to eligible small and medium-size enterprises, mainly in the northeast, north and central west regions of Brazil, in the form of short-term loans for working capital or revolving credit facilities. Eligible enterprises shall not exceed US$20 million in assets or yearly revenue. The project consists of an A Loan for US$13 million and a B Loan for US$73 million to Banco Industrial e Comercial S.A. The proceeds will be used to provide financing to eligible small and medium-size enterprises, mainly in the northeast, north and central west regions of Brazil, in the form of short-term loans for working capital or revolving credit facilities. Eligible enterprises shall not exceed US$20 million in assets or yearly revenue. IDB Invest Banco Industrial e Comercial S.A. IDB Invest Rincon, Margarita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 13000000 13000000 13000000 BicBanco-IV Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR1032A-01 IDB Invest Banco Nacional de Credito Banco Nacional de Credito IDB Invest IDB Invest Echeverri, Ana Rosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Financial Institutions 7500000 7500000 7500000 Banco Nacional de Credito Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3814A-01 IDB Invest Kola Shaler Industrial, S.A. Kola Shaler Industrial, S.A. IDB Invest IDB Invest Jiron, Johnny +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Manufacturing 250000 250000 250000 Kola Shaler Industrial, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3769A-02 IDB Invest The project consists of a US$15 million loan to Mibanco, Banco de la Microempresa S.A. The loan proceeds will be used to provide micro, small, and medium-sized eligible enterprises in Peru with financing for working capital or the purchase of equipment, machinery, or other fixed assets. Eligible enterprises shall not exceed US$5 million in assets or yearly revenue. The project consists of a US$15 million loan to Mibanco, Banco de la Microempresa S.A. The loan proceeds will be used to provide micro, small, and medium-sized eligible enterprises in Peru with financing for working capital or the purchase of equipment, machinery, or other fixed assets. Eligible enterprises shall not exceed US$5 million in assets or yearly revenue. IDB Invest Mibanco, Banco de la Microempresa S.A. IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 15000000 15000000 15000000 Mibanco Banco de la Microempresa S.A. II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR1041A-06 IDB Invest The purpose of the project is to provide financing to small and medium-sized enterprises (SMEs) in the form of loans for working capital or the acquisition of fixed assets. Financing on appropriate terms will make it possible to generate direct and indirect jobs and will improve the financial structure of SMEs. The proposed operation consists of a loan of up to US$8,000,000. The purpose of the project is to provide financing to small and medium-sized enterprises (SMEs) in the form of loans for working capital or the acquisition of fixed assets. Financing on appropriate terms will make it possible to generate direct and indirect jobs and will improve the financial structure of SMEs. The proposed operation consists of a loan of up to US$8,000,000. IDB Invest Banco Regional S.A.E.C.A. IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 8000000 8000000 8000000 Banco Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO1040A-01 IDB Invest Granjas Marinas Larvicultura S.A. Granjas Marinas Larvicultura S.A. IDB Invest IDB Invest Hernandez, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Agribusiness 1500000 1500000 1500000 Granjas Marinas Larvicultura S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC1032B-01 IDB Invest With the IIC loan, Agrícola Ganadera Reysahiwal S.A. (AGR) will improve its financial profile with long-term financing, making the company less vulnerable to changes in the financial market and in terms for accessing financing. The IIC’s loan will be used to refinance debt incurred to finance the construction of a plant in Sangolquí, built to meet the increasing demand for dairy products. The IIC is providing needed financing for the orderly expansion of an existing company that is increasing its production capacity to satisfy the growing demand for the hygienic processing and distribution of basic dairy products that provide essential nutrients and are not always available in developing nations. The proposed operation will allow the company to continue to plan its growth and operate under more stable conditions. Through this operation, the IIC will strengthen its support for project sponsors that are involved in several highly developmental activities that demonstrate their commitment to corporate social responsibility. These include (i) education and health-care services for children living in rural areas; (ii) scientific research on the rainforest; (iii) a forestry program that has earned SmartWood international certification; and (iv) the promotion of ecotourism. With the IIC loan, Agrícola Ganadera Reysahiwal S.A. (AGR) will improve its financial profile with long-term financing, making the company less vulnerable to changes in the financial market and in terms for accessing financing. The IIC’s loan will be used to refinance debt incurred to finance the construction of a plant in Sangolquí, built to meet the increasing demand for dairy products. The IIC is providing needed financing for the orderly expansion of an existing company that is increasing its production capacity to satisfy the growing demand for the hygienic processing and distribution of basic dairy products that provide essential nutrients and are not always available in developing nations. The proposed operation will allow the company to continue to plan its growth and operate under more stable conditions. Through this operation, the IIC will strengthen its support for project sponsors that are involved in several highly developmental activities that demonstrate their commitment to corporate social responsibility. These include (i) education and health-care services for children living in rural areas; (ii) scientific research on the rainforest; (iii) a forestry program that has earned SmartWood international certification; and (iv) the promotion of ecotourism. IDB Invest Agrícola Ganadera Reysahiwal S.A. IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Agribusiness 4500000 4500000 4500000 Agrícola Ganadera Reysahiwal II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO1095A-01 IDB Invest The proposed project consists of a US$10 million loan to Banco de Bogotá S.A. The loan proceeds will be used to provide long and medium term financing to small and medium-size enterprises in Colombia for their modernization and/or expansion. The companies must satisfy the eligibility criteria established by the IIC. The proposed project consists of a US$10 million loan to Banco de Bogotá S.A. The loan proceeds will be used to provide long and medium term financing to small and medium-size enterprises in Colombia for their modernization and/or expansion. The companies must satisfy the eligibility criteria established by the IIC. IDB Invest Banco de Bogotá, S.A. IDB Invest Bettiol, Rita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 10000000 10000000 10000000 Banco de Bogota Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN3757A-01 IDB Invest Multibank began operations in 1990 under a general banking license issued by the Panamanian banking authority, Superintendencia de Bancos de Panamá. From the beginning, Multibank has focused on providing banking services to small and medium-size companies, but it also provides personal banking services. In 2005, Multibank began a process to become a universal bank, opening branches, expanding its product portfolio, and expanding services to its clients. Multibank’s management team includes top-rated executives and professionals with several years of experience in the banking sector, who have worked to position the bank in the Panamanian market. The project consists of providing Multibank with a loan of up to US$6 million for financing Panamanian SMEs and/or residential housing for middle- and low-income individuals. In the case of residential housing, subloan beneficiaries shall be individuals who are residents and citizens of Panama and who will live in the housing unit themselves. Multibank began operations in 1990 under a general banking license issued by the Panamanian banking authority, Superintendencia de Bancos de Panamá. From the beginning, Multibank has focused on providing banking services to small and medium-size companies, but it also provides personal banking services. In 2005, Multibank began a process to become a universal bank, opening branches, expanding its product portfolio, and expanding services to its clients. Multibank’s management team includes top-rated executives and professionals with several years of experience in the banking sector, who have worked to position the bank in the Panamanian market. The project consists of providing Multibank with a loan of up to US$6 million for financing Panamanian SMEs and/or residential housing for middle- and low-income individuals. In the case of residential housing, subloan beneficiaries shall be individuals who are residents and citizens of Panama and who will live in the housing unit themselves. IDB Invest Multibank, Inc. IDB Invest Reyes, Sandra +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 6000000 6000000 6000000 Multibank Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3838A-01 IDB Invest The purpose of this IIC operation is to provide Casa Pellas with financing for permanent working capital. Casa Pellas, a distributor, was established in Nicaragua in 1913. The company has distributed Toyota vehicles since 1963. It has in place the infrastructure for selling replacement parts and for servicing the vehicles it sells. Over the years, the company has diversified its product line to include machinery, industrial equipment, and other well-known vehicle makes such as Suzuki and Hino trucks. It is also the exclusive distributor of Flor de Caña rum in Nicaragua. The purpose of this IIC operation is to provide Casa Pellas with financing for permanent working capital. Casa Pellas, a distributor, was established in Nicaragua in 1913. The company has distributed Toyota vehicles since 1963. It has in place the infrastructure for selling replacement parts and for servicing the vehicles it sells. Over the years, the company has diversified its product line to include machinery, industrial equipment, and other well-known vehicle makes such as Suzuki and Hino trucks. It is also the exclusive distributor of Flor de Caña rum in Nicaragua. IDB Invest Casa Pellas S.A. IDB Invest Vera Fabbri, Pablo Marcelo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Manufacturing 7000000 7000000 7000000 Casa Pellas Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3958A-01 IDB Invest The purpose of this financing by the IIC is to support Banco General (Costa Rica), S.A.’s lending activities, which focus on financing small and medium-sized enterprises in the productive and service sectors. The purpose of this financing by the IIC is to support Banco General (Costa Rica), S.A.’s lending activities, which focus on financing small and medium-sized enterprises in the productive and service sectors. IDB Invest Banco General (Costa Rica), S.A. IDB Invest Rincon, Margarita Adriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 10000000 10000000 10000000 Banco General S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3966A-01 IDB Invest The purpose of this IIC operation is to provide partial financing for the construction of housing projects to be developed by VINTE and/or its subsidiaries. The total estimated cost of the Project is fifty million Mexican pesos (MX$). VINTE develops, promotes, design, builds, and sells low-, middle-, and upper-middle income housing, primarily in four states of central Mexico: Hidalgo, México, Querétero, and Quintana Roo. VINTE’s subsidiaries are: (i) Promotora de Viviendas Integrales S.A. de C.V., which purchases, develops, and sells land; (ii) Urbanizaciones Inmobiliarias del Centro S.A. de C.V., set up to develop and sell housing; (iii) Vinte Administración, Diseño y Consultoría S.A. de C.V., which manages VINTE’s human resources and services contracting; (iv) Edificaciones e Ingenierías del Centro S.A. de C.V., which oversees and carries out the construction of the housing developments and dwellings; and (v) Conectividad para el Hábitat S.A. de C.V., which provides all types of technology services to VINTE and its customers, and also markets technology services to families living in its developments. With the support of its subsidiaries, VINTE has to date built some 10,000 homes in eight housing developments. VINTE has also won six national housing awards and has signed strategic agreements with a number of leading technology companies to promote technology in low-income housing. In October 2009, the company received a 2008 National Housing Award for "best project implementation," as well as a special award in the "sustainable housing development" category. In addition, in October 2010 VINTE received the 2009 National Housing Award in the "sustainable housing development" category. The purpose of this IIC operation is to provide partial financing for the construction of housing projects to be developed by VINTE and/or its subsidiaries. The total estimated cost of the Project is fifty million Mexican pesos (MX$). VINTE develops, promotes, design, builds, and sells low-, middle-, and upper-middle income housing, primarily in four states of central Mexico: Hidalgo, México, Querétero, and Quintana Roo. VINTE’s subsidiaries are: (i) Promotora de Viviendas Integrales S.A. de C.V., which purchases, develops, and sells land; (ii) Urbanizaciones Inmobiliarias del Centro S.A. de C.V., set up to develop and sell housing; (iii) Vinte Administración, Diseño y Consultoría S.A. de C.V., which manages VINTE’s human resources and services contracting; (iv) Edificaciones e Ingenierías del Centro S.A. de C.V., which oversees and carries out the construction of the housing developments and dwellings; and (v) Conectividad para el Hábitat S.A. de C.V., which provides all types of technology services to VINTE and its customers, and also markets technology services to families living in its developments. With the support of its subsidiaries, VINTE has to date built some 10,000 homes in eight housing developments. VINTE has also won six national housing awards and has signed strategic agreements with a number of leading technology companies to promote technology in low-income housing. In October 2009, the company received a 2008 National Housing Award for "best project implementation," as well as a special award in the "sustainable housing development" category. In addition, in October 2010 VINTE received the 2009 National Housing Award in the "sustainable housing development" category. IDB Invest Vinte Viviendas Integrales S.A.P.I. de C.V. or Promotora de Viviendas Integrales S.A. de C.V.("PVI") IDB Invest Vera Fabbri, Pablo Marcelo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 3638030 3638030 3638030 VINTE Viviendas Integrales SAPI de CV Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO3178A-01 IDB Invest The proposed line of credit is for a loan in the amount of US$1 million to Fondo Financiero Privado Prodem S.A. The proceeds will be used to provide financing to micro and small-size Bolivian companies, for working capital or to finance capital assets, machinery or other fixed asset purchases. The proposed line of credit is for a loan in the amount of US$1 million to Fondo Financiero Privado Prodem S.A. The proceeds will be used to provide financing to micro and small-size Bolivian companies, for working capital or to finance capital assets, machinery or other fixed asset purchases. IDB Invest Fondo Financiero Privado Prodem S.A. IDB Invest Bettiol, Rita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Financial Institutions 1000000 1000000 1000000 Fondo Financiero Privado Prodem Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME1138A-01 IDB Invest Scope and Objective of the Project and IIC´s Participation: Scope and Objective of the Project and IIC´s Participation: The project consists of a 12 year US$10 million loan to Hospital ABC. This loan would be used to participate in the financing of the Hospital’s expansion plans, and would include the purchase of equipment, and the construction of a new hospital to be located in the Santa Fe area of Mexico City. Scope and Objective of the Project and IIC´s Participation: Scope and Objective of the Project and IIC´s Participation: The project consists of a 12 year US$10 million loan to Hospital ABC. This loan would be used to participate in the financing of the Hospital’s expansion plans, and would include the purchase of equipment, and the construction of a new hospital to be located in the Santa Fe area of Mexico City. IDB Invest Hospital ABC IDB Invest Otarola, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Social Infrastructure 10000000 10000000 10000000 Hospital ABC Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR1089A-01 IDB Invest Galicia Advent Argentina Fund Galicia Advent Argentina Fund IDB Invest IDB Invest Moscoso, Victor Hugo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions 2100000 2100000 2100000 Galicia Advent Argentina Fund Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR1023A-01 IDB Invest Paraleva Paraleva IDB Invest IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Manufacturing 2500000 2500000 2500000 Paraleva Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-JA1005A-01 IDB Invest Citizens Bank Limited Citizens Bank Limited IDB Invest IDB Invest Mutsuura, Goro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Financial Institutions 4000000 4000000 4000000 Citizens Bank Limited Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO1015A-01 IDB Invest El Gavilán, S.A. El Gavilán, S.A. IDB Invest IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Manufacturing 2465000 2465000 2465000 El Gavilán, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3622A-01 IDB Invest The proposed line of credit is for a loan in the amount of US$7 million to Banco Bolivariano C.A. The proceeds will be used to provide financing to small and medium-size Ecuadorian companies, for working capital or to finance capital assets, machinery or other fixed asset purchases. The proposed line of credit is for a loan in the amount of US$7 million to Banco Bolivariano C.A. The proceeds will be used to provide financing to small and medium-size Ecuadorian companies, for working capital or to finance capital assets, machinery or other fixed asset purchases. IDB Invest Banco Bolivariano C.A. IDB Invest Bettiol, Rita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 7000000 7000000 7000000 Banco Bolivariano II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO3102A-02 IDB Invest Bancos Los Andes Procredit S.A. Bancos Los Andes Procredit S.A. IDB Invest IDB Invest Reyes, Sandra +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Financial Institutions 3000000 3000000 3000000 Bancos Los Andes Procredit S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-JA3344A-01 IDB Invest First Global Bank Limited is one of the six commercial banks operating in Jamaica. First Global Bank is a comprehensive provider of first-rate banking products and services. The company’s suite of options includes debit cards and access to automated banking machine services; online banking; certificates of deposit; interest-bearing checking and savings accounts; foreign exchange trading; and corporate and retail lending, including loans and credit cards. The purpose of this IIC project is to support First Global Bank’s lending activities and fund the growth of its credit portfolio. The IIC loan for US$ 6 million would enable the bank to continue to diversify its sources of long-term funding. First Global Bank Limited is one of the six commercial banks operating in Jamaica. First Global Bank is a comprehensive provider of first-rate banking products and services. The company’s suite of options includes debit cards and access to automated banking machine services; online banking; certificates of deposit; interest-bearing checking and savings accounts; foreign exchange trading; and corporate and retail lending, including loans and credit cards. The purpose of this IIC project is to support First Global Bank’s lending activities and fund the growth of its credit portfolio. The IIC loan for US$ 6 million would enable the bank to continue to diversify its sources of long-term funding. IDB Invest First Global Bank Limited IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Financial Institutions 6000000 6000000 6000000 First Global Bank Limited Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU3764A-01 IDB Invest The proceeds of the proposed operation will help Financiera de Occidente expand its lending to small and medium-size enterprises in Guatemala. The loan will also help the company grow its loan portfolio and diversify its medium- and short-term sources of funding. The proceeds of the proposed operation will help Financiera de Occidente expand its lending to small and medium-size enterprises in Guatemala. The loan will also help the company grow its loan portfolio and diversify its medium- and short-term sources of funding. IDB Invest Financiera de Occidente, S.A. IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Financial Institutions 3000000 3000000 3000000 Financiera de Occidente S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3887A-01 IDB Invest The Guanaquitas project consists of building and operating a hydroelectric plant to be located on the Guadalupe River in the Department of Antioquia, 95 km north of Medellin. The plant will have an installed capacity of 9.8 MW, which will generate 65.0 GWh of clean energy per year. The engineering designs, construction, and supervision of the civil works for the project will be undertaken by HMV, a major engineering firm in Colombia with vast experience in energy-related EPC projects. The plant is expected to start operating commercially in 2010. With this operation, the IIC will be supporting the development of a hydroelectric project in Colombia by providing the long-term financing—up to fifteen years—that this type of project usually needs. The significant increase in domestic demand, Colombia’s forthcoming interconnection with countries with a power generation deficit, and a relatively slow project implementation process are proof of Colombia’s sound energy market fundamentals and encourage visionary investors such as Century Energy Corporation to invest in this sector in Colombia. The Guanaquitas project consists of building and operating a hydroelectric plant to be located on the Guadalupe River in the Department of Antioquia, 95 km north of Medellin. The plant will have an installed capacity of 9.8 MW, which will generate 65.0 GWh of clean energy per year. The engineering designs, construction, and supervision of the civil works for the project will be undertaken by HMV, a major engineering firm in Colombia with vast experience in energy-related EPC projects. The plant is expected to start operating commercially in 2010. With this operation, the IIC will be supporting the development of a hydroelectric project in Colombia by providing the long-term financing—up to fifteen years—that this type of project usually needs. The significant increase in domestic demand, Colombia’s forthcoming interconnection with countries with a power generation deficit, and a relatively slow project implementation process are proof of Colombia’s sound energy market fundamentals and encourage visionary investors such as Century Energy Corporation to invest in this sector in Colombia. IDB Invest Century Energy Corporation IDB Invest Perez, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Energy 7850000 7850000 7850000 Proyecto Hidroelectrico Guanaquita Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO0011A-02 IDB Invest The project consists of a US$5 million loan to Banco Solidario S.A. The proceeds will be used to provide financing to microenterprises in Bolivia in the form of short- and medium-term loans for working capital or business expansion. The project consists of a US$5 million loan to Banco Solidario S.A. The proceeds will be used to provide financing to microenterprises in Bolivia in the form of short- and medium-term loans for working capital or business expansion. IDB Invest Banco Solidario S.A. IDB Invest Reyes, Sandra +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Financial Institutions 5000000 5000000 5000000 BancoSol Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO3102A-01 IDB Invest The proposed loan of US$2,000,000 to Caja Los Andes S.A. F.F.P. is intended to strengthen the institution as it continues to grow and allow it to expand its financing capabilities for local micro and small enterprises demanding working capital or capital expenditure funds. The proposed loan of US$2,000,000 to Caja Los Andes S.A. F.F.P. is intended to strengthen the institution as it continues to grow and allow it to expand its financing capabilities for local micro and small enterprises demanding working capital or capital expenditure funds. IDB Invest Caja Los Andes S.A. F.F.P. IDB Invest Ciurlizza, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Financial Institutions 2000000 2000000 2000000 Caja Los Andes S.A. F.F.P. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU3766A-01 IDB Invest Banco de América Central S.A. (BAC Guatemala) is one of Guatemala’s major commercial banks; it provides a full line of financial services. The purpose of this IIC project is to support BAC Guatemala’s lending activities and fund the growth of its mortgage loan portfolio. With this US$20 million loan, the IIC would be helping BAC Guatemala diversify its sources of funding. Banco de América Central S.A. (BAC Guatemala) is one of Guatemala’s major commercial banks; it provides a full line of financial services. The purpose of this IIC project is to support BAC Guatemala’s lending activities and fund the growth of its mortgage loan portfolio. With this US$20 million loan, the IIC would be helping BAC Guatemala diversify its sources of funding. IDB Invest Banco de América Central S.A. IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Financial Institutions 10000000 10000000 10000000 Banco de América Central Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3907A-01 IDB Invest The purpose of this IIC operation is to provide financing to EPINSA for working capital in order to cover its current needs and the future expansion of its operations. EPINSA is a packaging company that manufactures metal containers. It began operations in 2006 to supply the local market with tinplate products and by-products. The plant is located in the port city of Chimbote, where 80% of the Peruvian fishing industry’s commercial and processing activity takes place. The company belongs to Grupo Comeca, which is headquartered in Costa Rica and has commercial and manufacturing operations in North, Central, and South America, as well as the Caribbean. The purpose of this IIC operation is to provide financing to EPINSA for working capital in order to cover its current needs and the future expansion of its operations. EPINSA is a packaging company that manufactures metal containers. It began operations in 2006 to supply the local market with tinplate products and by-products. The plant is located in the port city of Chimbote, where 80% of the Peruvian fishing industry’s commercial and processing activity takes place. The company belongs to Grupo Comeca, which is headquartered in Costa Rica and has commercial and manufacturing operations in North, Central, and South America, as well as the Caribbean. IDB Invest Envases Los Pinos S.A.C. IDB Invest Fonseca, Juan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Manufacturing 3000000 3000000 3000000 Envases Los Pinos S.A.C. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3742A-01 IDB Invest Banco BICE Banco BICE IDB Invest IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 30000000 30000000 30000000 Banco BICE Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3925A-01 IDB Invest 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. IDB Invest Banco de Bogotá S.A. IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 30000000 30000000 30000000 Banco de Bogota Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR1102A-01 IDB Invest PASA, S.A. PASA, S.A. IDB Invest IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Social Infrastructure 5000000 5000000 5000000 PASA, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1067A-01 IDB Invest Compañía Papelera Industrial del Perú, S.A. Compañía Papelera Industrial del Perú, S.A. IDB Invest IDB Invest Vergara, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Manufacturing 7100000 7100000 7100000 Compañía Papelera Industrial del Perú, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO1006A-01 IDB Invest Corporación Financiera de Desarrollo Corporación Financiera de Desarrollo IDB Invest IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 3000000 3000000 3000000 Corporación Financiera de Desarrollo Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO1042B-01 IDB Invest The objective of the Caracol Knits cogeneration project is to reduce the company’s energy costs and ensure its energy supply, eliminating costs due to power failures. To accomplish this, Caracol Knits has engaged the Spanish company INGEMAS to perform the construction work and install an engine manufactured by Mann B&W DIESEL AG, AUGSBURG (Germany). The project also includes the purchase and installation of a printing machine that will enable the company to broaden its product range. It also provides for complementary water treatment equipment to improve wastewater quality, substantially reducing the company’s costs. Through its participation, the IIC will be supporting the Honduran textile export industry because the Company is a major fabric supplier and exports all of its production. The Company is known both locally and internationally as a leader in the textile sector and is a major employer in northern Honduras. The cost savings resulting from this project will enable the company to maintain its competitive advantage and continue improving its efficiency. The objective of the Caracol Knits cogeneration project is to reduce the company’s energy costs and ensure its energy supply, eliminating costs due to power failures. To accomplish this, Caracol Knits has engaged the Spanish company INGEMAS to perform the construction work and install an engine manufactured by Mann B&W DIESEL AG, AUGSBURG (Germany). The project also includes the purchase and installation of a printing machine that will enable the company to broaden its product range. It also provides for complementary water treatment equipment to improve wastewater quality, substantially reducing the company’s costs. Through its participation, the IIC will be supporting the Honduran textile export industry because the Company is a major fabric supplier and exports all of its production. The Company is known both locally and internationally as a leader in the textile sector and is a major employer in northern Honduras. The cost savings resulting from this project will enable the company to maintain its competitive advantage and continue improving its efficiency. IDB Invest Caracol Knits, S.A. de C.V. IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Manufacturing 3840000 3840000 3840000 Caracol Knits III Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR1041A-03 IDB Invest The proposed project is for a Loan for up to US$1 million. The loan proceeds will be used to provide medium term financing to small and medium-size Paraguayan companies. The proposed project is for a Loan for up to US$1 million. The loan proceeds will be used to provide medium term financing to small and medium-size Paraguayan companies. IDB Invest Banco Regional S.A. IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 1000000 1000000 1000000 Banco Regional III Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3788A-01 IDB Invest Banco Continental S.A. Banco Continental S.A. IDB Invest IDB Invest Bettiol, Rita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 40000000 40000000 40000000 Banco Continental S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3814A-01 IDB Invest IAMSA produces and markets canned and Tetra-Brik packed fruit and vegetables under the Alco and Canale labels, among others. The Company, which started out as a small fruit and vegetable farm in Mendoza in 1958, is now one of the largest producers of canned fruit and tomatoes in Argentina. The proposed IIC loan will be used for improving the Company’s debt maturity profile and financing the permanent working capital the Company needs as it grows. With this project, the IIC will (i) support one of the major sources of jobs in Mendoza Province; and (ii) support the sustainability of a supply chain made up of more than 200 longstanding small primary producers of fruit and tomatoes throughout the country, who supply IAMSA with a large percentage of the raw material it needs each season. IAMSA produces and markets canned and Tetra-Brik packed fruit and vegetables under the Alco and Canale labels, among others. The Company, which started out as a small fruit and vegetable farm in Mendoza in 1958, is now one of the largest producers of canned fruit and tomatoes in Argentina. The proposed IIC loan will be used for improving the Company’s debt maturity profile and financing the permanent working capital the Company needs as it grows. With this project, the IIC will (i) support one of the major sources of jobs in Mendoza Province; and (ii) support the sustainability of a supply chain made up of more than 200 longstanding small primary producers of fruit and tomatoes throughout the country, who supply IAMSA with a large percentage of the raw material it needs each season. IDB Invest Industrias Alimenticias Mendocinas S.A. IDB Invest Barsantini, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Agribusiness 3000000 3000000 3000000 Industrias Alimenticias Mendocinas S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME1137A-01 IDB Invest Multinational Industrial Fund is a US$80 million Mexican private equity fund that will seek to earn long-term capital gains by investing in equity and quasi-equity securities of small and medium-sized Mexican companies entering into joint ventures with foreign companies to generate exports. The Fund will have a life of ten years. The proposed transaction is in line with IICs developmental goals, since (i) the Fund will support the creation and expansion of small and medium-scale enterprises in Mexico without access to equity capital; (ii) it will support private investment to create joint ventures of local firms with European firms to transfer technology and promote export sales; (iii) through stock market exit it will foster democratization of capital; and (iv) the Fund will reach some fifteen final beneficiaries over its expected life; creating about 300 jobs, and contributing US$300 million to the country's GDP. Multinational Industrial Fund is a US$80 million Mexican private equity fund that will seek to earn long-term capital gains by investing in equity and quasi-equity securities of small and medium-sized Mexican companies entering into joint ventures with foreign companies to generate exports. The Fund will have a life of ten years. The proposed transaction is in line with IICs developmental goals, since (i) the Fund will support the creation and expansion of small and medium-scale enterprises in Mexico without access to equity capital; (ii) it will support private investment to create joint ventures of local firms with European firms to transfer technology and promote export sales; (iii) through stock market exit it will foster democratization of capital; and (iv) the Fund will reach some fifteen final beneficiaries over its expected life; creating about 300 jobs, and contributing US$300 million to the country's GDP. IDB Invest Wamex, S.A. IDB Invest Parodi Serpa, Alberto Enrique +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 6607900 6607900 6607900 Multinational Industrial Fund Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI1046A-02 IDB Invest Banco de Finanzas II Banco de Finanzas II IDB Invest IDB Invest Savastano, Ana Cecilia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Financial Institutions 10000000 10000000 10000000 Banco de Finanzas II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH1056B-01 IDB Invest Invertec Pesquera is a vertically integrated sea farming company that produces mainly Atlantic salmon, Pacific salmon and trout in the region of Chiloé in the southern part of Chile. The purpose of the project is to increase Pesquera's production capacity and further improve technology, marketing, and environmental management in order to attain a leading position and to be able to remain competitive in a global market. The project will result in an increase in capacity of salmon farming from 20,000 tons per year in 2001 to an estimated 35,000 tons per year in 2005. IIC's participation is important for the reasons set out below. Furthering the competitiveness of a Latin American company: The salmon sector is rapidly changing, requiring companies to grow to remain competitive worldwide. The project will help to maintain the competitiveness of Pesquera, one of Chile's leading companies in the sector. If this financing does not take place, a Latin American company that has proved to have the conditions to be a leading company in the global market will probably never reach its potential. Strengthening a strategic sector in Chile: With the project the IIC will be financing a very important sector for Chile's economy. Because of its comparative advantages, Chile has the conditions to become the world's largest salmon producer by the end of the decade provided the country has access to adequate financing. Providing adequate long-term financing: Pesquera, unlike companies in industrialized countries, doesn't have access to adequate sources of funds. Consequently, it would not be able to implement the project without IIC long-term financing. IIC's financing will allow the Company to expand. IIC's participation is also considered very important for the credibility it gives to the Company when listed. Catalytic effect and leverage: IIC's co-financing program will allow the Company to access financing from international banks. The financial plan calls for $2.25 from international banks for each dollar to be financed by the IIC. Diversifying exports: Chile traditionally has relied heavily on the export of mining products. In the last two decades, the country has been working on diversifying its exports. This project will have a major impact on this diversification effort, as it will increase the export of a non-mining product. Promoting good corporate governance practices: The IIC will be supporting a company which has adopted sound corporate governance practices and the Invertec group a socially-conscious corporate citizen with many community-oriented projects. Decentralizing job creation: The project will create new direct and indirect jobs mainly in the remote region of Chile where the Company is located. Improving technology: A component of the financing will be used for the company to develop its scientific and technological expertise. Invertec Pesquera is a vertically integrated sea farming company that produces mainly Atlantic salmon, Pacific salmon and trout in the region of Chiloé in the southern part of Chile. The purpose of the project is to increase Pesquera's production capacity and further improve technology, marketing, and environmental management in order to attain a leading position and to be able to remain competitive in a global market. The project will result in an increase in capacity of salmon farming from 20,000 tons per year in 2001 to an estimated 35,000 tons per year in 2005. IIC's participation is important for the reasons set out below. Furthering the competitiveness of a Latin American company: The salmon sector is rapidly changing, requiring companies to grow to remain competitive worldwide. The project will help to maintain the competitiveness of Pesquera, one of Chile's leading companies in the sector. If this financing does not take place, a Latin American company that has proved to have the conditions to be a leading company in the global market will probably never reach its potential. Strengthening a strategic sector in Chile: With the project the IIC will be financing a very important sector for Chile's economy. Because of its comparative advantages, Chile has the conditions to become the world's largest salmon producer by the end of the decade provided the country has access to adequate financing. Providing adequate long-term financing: Pesquera, unlike companies in industrialized countries, doesn't have access to adequate sources of funds. Consequently, it would not be able to implement the project without IIC long-term financing. IIC's financing will allow the Company to expand. IIC's participation is also considered very important for the credibility it gives to the Company when listed. Catalytic effect and leverage: IIC's co-financing program will allow the Company to access financing from international banks. The financial plan calls for $2.25 from international banks for each dollar to be financed by the IIC. Diversifying exports: Chile traditionally has relied heavily on the export of mining products. In the last two decades, the country has been working on diversifying its exports. This project will have a major impact on this diversification effort, as it will increase the export of a non-mining product. Promoting good corporate governance practices: The IIC will be supporting a company which has adopted sound corporate governance practices and the Invertec group a socially-conscious corporate citizen with many community-oriented projects. Decentralizing job creation: The project will create new direct and indirect jobs mainly in the remote region of Chile where the Company is located. Improving technology: A component of the financing will be used for the company to develop its scientific and technological expertise. IDB Invest Inversiones y Tecnología Ltda., Alberto Montanari, and Mario Montanari IDB Invest Barsantini, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Agribusiness 4000000 4000000 4000000 Invertec Pesquera Mar de Chiloé S.A. II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3837A-01 IDB Invest The project consists of the construction of a cold-storage facility in the Copiapó area in Chile’s Region III. The facility will have the capacity to store 800,000 crates of table grapes. Frigorífico La Cantera Copiapó S.A. (hereafter, "Copiapó") was established for this purpose. Its majority shareholder is Exportadora Subsole S.A. (hereafter, "Subsole"). Copiapó has requested a US$1.000.000 loan from the IIC to finance the construction of the project. With this long-term loan in U.S. dollars, the IIC is contributing to the development of the fruit exporting sector, a key sector of Chile’s economy. The farming sector accounts for 4.2% of the GDP of Region III, Atacama, where the project will be located. Agriculture accounts for 12.7% of the region’s jobs; in 2007 there were nearly 13,000 agricultural workers. There is a serious deficit of fruit processing services in the Copiapó area, which produces the first grapes of the season that are also Chile’s highest priced export grapes. The cold-storage facility will ensure adequate cold storage services for crates of grapes to be exported by Subsole, thus helping ensure Subsole’s profitability. The project consists of the construction of a cold-storage facility in the Copiapó area in Chile’s Region III. The facility will have the capacity to store 800,000 crates of table grapes. Frigorífico La Cantera Copiapó S.A. (hereafter, "Copiapó") was established for this purpose. Its majority shareholder is Exportadora Subsole S.A. (hereafter, "Subsole"). Copiapó has requested a US$1.000.000 loan from the IIC to finance the construction of the project. With this long-term loan in U.S. dollars, the IIC is contributing to the development of the fruit exporting sector, a key sector of Chile’s economy. The farming sector accounts for 4.2% of the GDP of Region III, Atacama, where the project will be located. Agriculture accounts for 12.7% of the region’s jobs; in 2007 there were nearly 13,000 agricultural workers. There is a serious deficit of fruit processing services in the Copiapó area, which produces the first grapes of the season that are also Chile’s highest priced export grapes. The cold-storage facility will ensure adequate cold storage services for crates of grapes to be exported by Subsole, thus helping ensure Subsole’s profitability. IDB Invest Exportadora Subsole S.A. IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Manufacturing 1000000 1000000 1000000 Frigorifico Copiapo Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC1032A-01 IDB Invest The proposed expansion project (the "Project") is fourfold, as it involves the expansion of the production and packing capacity; the enhancement of the suppliers' quality and productivity; the improvement of the distribution capability; and the refinancing of short-term debt. 1) The expansion of the production capacity, which includes civil works and equipment, is aimed at reaching 130.000 liters of milk processing capacity per day from a current level of 70.000. In addition, there will be purchases of other equipment, such as a filter that will increase productivity at the cheese production unit, and packing equipment that will allow the production of a higher volume of yogurt. 2) The enhancement of quality and productivity at the supplier level implies the financing of small ranch cattle breeders (250 families approximately) so that they can count with high quality fertilizers, seeds, and cattle, among other elements necessary to improve their practices and reach levels of quality and productivity that will ultimately benefit Reysahiwal in the elaboration of its value-added products. Assistance will also be provided as well as technical advice. 3) A third part of the project consists of setting up a distribution system that will be comprised of refrigerated trucks, which will be provided to independent distributors under a financing scheme managed by Reysahiwal. This distribution system is necessary for the preservation of highly perishable products such as cheese and yogurts, which have a shorter shelf life than UHT milk. 4) Finally the refinancing component of the Project involves nearly US$3.0 million in short-term debt that need to be replaced for long-term financing. The total cost of the project has been estimated at US$16.0 million of which the IIC will contribute US$8.0 million through a long-term loan. The proposed expansion project (the "Project") is fourfold, as it involves the expansion of the production and packing capacity; the enhancement of the suppliers' quality and productivity; the improvement of the distribution capability; and the refinancing of short-term debt. 1) The expansion of the production capacity, which includes civil works and equipment, is aimed at reaching 130.000 liters of milk processing capacity per day from a current level of 70.000. In addition, there will be purchases of other equipment, such as a filter that will increase productivity at the cheese production unit, and packing equipment that will allow the production of a higher volume of yogurt. 2) The enhancement of quality and productivity at the supplier level implies the financing of small ranch cattle breeders (250 families approximately) so that they can count with high quality fertilizers, seeds, and cattle, among other elements necessary to improve their practices and reach levels of quality and productivity that will ultimately benefit Reysahiwal in the elaboration of its value-added products. Assistance will also be provided as well as technical advice. 3) A third part of the project consists of setting up a distribution system that will be comprised of refrigerated trucks, which will be provided to independent distributors under a financing scheme managed by Reysahiwal. This distribution system is necessary for the preservation of highly perishable products such as cheese and yogurts, which have a shorter shelf life than UHT milk. 4) Finally the refinancing component of the Project involves nearly US$3.0 million in short-term debt that need to be replaced for long-term financing. The total cost of the project has been estimated at US$16.0 million of which the IIC will contribute US$8.0 million through a long-term loan. IDB Invest Agrícola Ganadera Reysahiwal S.A. "AGR" IDB Invest Rico, Ricardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Agribusiness 8000000 8000000 8000000 Agrícola Ganadera Reysahiwal Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3886A-01 IDB Invest Ica Pacific S.A. (IPSA) is an agribusiness established in 1995. Its principal activity is growing green asparagus and pomegranates. The sponsors are Jorge and Manuel Checa, who have formed a group of companies dedicated to growing, producing, and exporting asparagus since 1986 and pomegranates since 2002. IPSA has been expanding the area it cultivates in recent years. It currently has 232 hectares of which 125 are sown with pomegranates and 106 with asparagus. The project consists of financing part of the sowing of pomegranates and asparagus, as well as the purchase of land, machinery, and equipment. The project was partially and temporarily financed with short-term funds. IIC funds will be used primarily to replace short-term debt. With this loan the IIC will be supporting the company’s growth and its production capacity by providing long-term financing for long-growing crops. The proposed operation consists of a loan of up to US$3,450,000. Ica Pacific S.A. (IPSA) is an agribusiness established in 1995. Its principal activity is growing green asparagus and pomegranates. The sponsors are Jorge and Manuel Checa, who have formed a group of companies dedicated to growing, producing, and exporting asparagus since 1986 and pomegranates since 2002. IPSA has been expanding the area it cultivates in recent years. It currently has 232 hectares of which 125 are sown with pomegranates and 106 with asparagus. The project consists of financing part of the sowing of pomegranates and asparagus, as well as the purchase of land, machinery, and equipment. The project was partially and temporarily financed with short-term funds. IIC funds will be used primarily to replace short-term debt. With this loan the IIC will be supporting the company’s growth and its production capacity by providing long-term financing for long-growing crops. The proposed operation consists of a loan of up to US$3,450,000. IDB Invest Agrícola Athos S.A. and Exportadora Frutícola del Sur S.A. IDB Invest Lopez Coronado, Gustavo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Agribusiness 2500000 2500000 2500000 Ica Pacific S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3901A-01 IDB Invest Terminal Zárate (TZ) is an Argentine, privately owned multipurpose port terminal located in the city of Zárate, Province of Buenos Aires. It operates as a container, general cargo, and vehicle terminal, and provides complementary services. The IIC loan will comprise an A loan and a B loan for a total of up to US$14 million. The purpose of the loan is to provide financing for infrastructure work to expand the pier and the container yard, improve the vehicle parking lot, and purchase new equipment. The IIC will syndicate part of the loan to attract other banks to provide Terminal Zárate with financing on the same terms. The IIC loan will help the company boost its operations by making cash flow planning easier. Terminal Zárate (TZ) is an Argentine, privately owned multipurpose port terminal located in the city of Zárate, Province of Buenos Aires. It operates as a container, general cargo, and vehicle terminal, and provides complementary services. The IIC loan will comprise an A loan and a B loan for a total of up to US$14 million. The purpose of the loan is to provide financing for infrastructure work to expand the pier and the container yard, improve the vehicle parking lot, and purchase new equipment. The IIC will syndicate part of the loan to attract other banks to provide Terminal Zárate with financing on the same terms. The IIC loan will help the company boost its operations by making cash flow planning easier. IDB Invest Terminal Zárate S.A. IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Transport 7000000 7000000 7000000 Terminal Zárate Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3886A-01 IDB Invest Edilar, S.A. de C.V. is a Mexican company that holds three-party agreements with Mexico’s national education workers union (Sindicato Nacional de Trabajadores de la Educación, or SNTE) and the education departments of the federal entities of Mexico. Under the agreements, Edilar provides teachers with credit to pay for training and buy teaching materials and publications through the national teachers’ library program (Programa Nacional de Bibliotecas Magisteriales, or PNBM). The financing from the IIC will enable Edilar to expand its operations, to the benefit of at least 2,500 teachers. Edilar, S.A. de C.V. is a Mexican company that holds three-party agreements with Mexico’s national education workers union (Sindicato Nacional de Trabajadores de la Educación, or SNTE) and the education departments of the federal entities of Mexico. Under the agreements, Edilar provides teachers with credit to pay for training and buy teaching materials and publications through the national teachers’ library program (Programa Nacional de Bibliotecas Magisteriales, or PNBM). The financing from the IIC will enable Edilar to expand its operations, to the benefit of at least 2,500 teachers. IDB Invest Edilar IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Social Infrastructure 2500000 2500000 2500000 Edilar Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR3798A-02 IDB Invest The purpose of the IIC loan is to finance eligible projects via subloans to eligible enterprises in Uruguay that meet IIC and Microfinanzas del Uruguay S.A. loan eligibility criteria and environmental and labor requirements. The financial institution has a countrywide presence. Its primary activity is to provide financial services to micro and small enterprises and other segments of the population that are underserved by the traditional financial system, to promote the social and economic development of low-income individuals nationwide. Financing on appropriate terms will make it possible to generate direct and indirect jobs and will improve the financial structure of micro and small enterprises. Microenterprise financing is underdeveloped in Uruguay, with few institutions that specialize in this segment. Microfinanzas del Uruguay S.A. has the support of Grupo Acción Comunitaria del Perú, which is internationally recognized as a top-line company that specializes in the microfinance sector. The purpose of the IIC loan is to finance eligible projects via subloans to eligible enterprises in Uruguay that meet IIC and Microfinanzas del Uruguay S.A. loan eligibility criteria and environmental and labor requirements. The financial institution has a countrywide presence. Its primary activity is to provide financial services to micro and small enterprises and other segments of the population that are underserved by the traditional financial system, to promote the social and economic development of low-income individuals nationwide. Financing on appropriate terms will make it possible to generate direct and indirect jobs and will improve the financial structure of micro and small enterprises. Microenterprise financing is underdeveloped in Uruguay, with few institutions that specialize in this segment. Microfinanzas del Uruguay S.A. has the support of Grupo Acción Comunitaria del Perú, which is internationally recognized as a top-line company that specializes in the microfinance sector. IDB Invest Microfinanzas del Uruguay S.A. IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Financial Institutions 500000 500000 500000 Microfin II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3886A-02 IDB Invest Edilar, S.A. de C.V. is a Mexican company that commercializes and finances the acquisition of educational and cultural material to public school teachers in twenty-seven states of Mexico. Help their professional development and teaching practices through an educational and cultural program called Programa Nacional de Bibliotecas Magisteriales (PNBM). It also provides microcredit to teachers for professional development through a program called Programa de Apoyo para la Formación Continua (PAFC). The purpose of this IIC operation is to provide Edilar with financing for expansion of the company’s sales and related financing of educational and cultural material to teachers. Edilar, S.A. de C.V. is a Mexican company that commercializes and finances the acquisition of educational and cultural material to public school teachers in twenty-seven states of Mexico. Help their professional development and teaching practices through an educational and cultural program called Programa Nacional de Bibliotecas Magisteriales (PNBM). It also provides microcredit to teachers for professional development through a program called Programa de Apoyo para la Formación Continua (PAFC). The purpose of this IIC operation is to provide Edilar with financing for expansion of the company’s sales and related financing of educational and cultural material to teachers. IDB Invest Edilar, S.A. de C.V. ("Edilar") IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Social Infrastructure 3500000 3500000 3500000 Edilar II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3821A-01 IDB Invest Acabados Rusticos Acabados Rusticos IDB Invest IDB Invest Jiron, Johnny +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Manufacturing 250000 250000 250000 Acabados Rusticos Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR3855A-01 IDB Invest HSBC Argentina HSBC Argentina IDB Invest IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions 25000000 25000000 25000000 HSBC Argentina Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR1047A-01 IDB Invest Agency line arrangement by which Banco de Montevideo will identify, evaluate, structure, and supervise loans to companies, majority-owned by citizens of the region with annual sales that do not exceed US$35 million. Under the terms of the agency line, IIC and Banco de Montevideo will lend an equal amount of between US$300,000 and US$1,500,000 each to eligible Uruguayan companies. Agency line arrangement by which Banco de Montevideo will identify, evaluate, structure, and supervise loans to companies, majority-owned by citizens of the region with annual sales that do not exceed US$35 million. Under the terms of the agency line, IIC and Banco de Montevideo will lend an equal amount of between US$300,000 and US$1,500,000 each to eligible Uruguayan companies. IDB Invest Banco de Montevideo S.A. IDB Invest Varela, Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Financial Institutions 14100000 14100000 14100000 Banco de Montevideo Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR1049A-01 IDB Invest Scope and Objective of the Project and IIC´s Participation: Scope and Objective of the Project and IIC´s Participation: Udeman project consists of the construction and operation of a 20,787 m2 multipurpose bus terminal facility in the city of Salto, the second largest city in Uruguay, that will significantly improve domestic and international bus passengers and small cargo transportation services. The terminal will include amenities associated with modern transportation facilities, including commercial and retail outlets. The Company will operate the bus terminal under a thirty-year concession awarded by the Salto Municipality (Intendencia Municipal de Salto) through a public bidding. IIC’s role in the proposed transaction is important for the following reasons: It will support an initiative of the private sector to offer a service provided, until now, by the public sector. It will provide financing for the construction of basic transportation and commercial infrastructure in one of Uruguay’s most important regions which is increasingly becoming an important tourist center. The project will have a positive social and economic impact from various perspectives. It will create 15 direct jobs and 350 indirect jobs, it will improve the quality of bus passenger service and ensure a minimum level of comfort and security to passengers, as well as provide a safe operation of the bus terminal. Scope and Objective of the Project and IIC´s Participation: Scope and Objective of the Project and IIC´s Participation: Udeman project consists of the construction and operation of a 20,787 m2 multipurpose bus terminal facility in the city of Salto, the second largest city in Uruguay, that will significantly improve domestic and international bus passengers and small cargo transportation services. The terminal will include amenities associated with modern transportation facilities, including commercial and retail outlets. The Company will operate the bus terminal under a thirty-year concession awarded by the Salto Municipality (Intendencia Municipal de Salto) through a public bidding. IIC’s role in the proposed transaction is important for the following reasons: It will support an initiative of the private sector to offer a service provided, until now, by the public sector. It will provide financing for the construction of basic transportation and commercial infrastructure in one of Uruguay’s most important regions which is increasingly becoming an important tourist center. The project will have a positive social and economic impact from various perspectives. It will create 15 direct jobs and 350 indirect jobs, it will improve the quality of bus passenger service and ensure a minimum level of comfort and security to passengers, as well as provide a safe operation of the bus terminal. IDB Invest Udeman S.A. IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Transport 5000000 5000000 5000000 Udeman Bus Terminal Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1070A-01 IDB Invest Up to US$60 million joint Debt Facility ("the Facility") to provide long-term financing to modernize or expand the operations of joint venture small and medium-size private companies that have Spanish and Latin American or Caribbean shareholders, and are located in borrowing member countries of the Inter-American Investment Corporation ("IIC"), to improve their efficiency and competitiveness in the national and international markets ("the Project Loans"). The Project Loans will be presented by Compañía Española de Financiación del Desarrollo S.A. ("COFIDES"). The Facility will be structured as a joint Debt Facility where COFIDES will identify, analyze, and recommend Project Loans to the IIC. COFIDES will participate in the financing of such loans with up to US$30 million and the IIC with an additional up to US$30 million. The IIC will not lend to projects in nonborrowing member countries. Both the IIC and COFIDES will be coarrangers of the Facility. COFIDES will be the administrative agent for Project Loans financed by the Facility. Given its extensive experience in financing projects for local Spanish sponsors, it is expected that COFIDES will structure the Project Loans in both their financial and their legal aspects and provide information on such projects for the IIC?s review and approval. This joint Debt Facility will be structured by COFIDES and the IIC. Up to US$60 million joint Debt Facility ("the Facility") to provide long-term financing to modernize or expand the operations of joint venture small and medium-size private companies that have Spanish and Latin American or Caribbean shareholders, and are located in borrowing member countries of the Inter-American Investment Corporation ("IIC"), to improve their efficiency and competitiveness in the national and international markets ("the Project Loans"). The Project Loans will be presented by Compañía Española de Financiación del Desarrollo S.A. ("COFIDES"). The Facility will be structured as a joint Debt Facility where COFIDES will identify, analyze, and recommend Project Loans to the IIC. COFIDES will participate in the financing of such loans with up to US$30 million and the IIC with an additional up to US$30 million. The IIC will not lend to projects in nonborrowing member countries. Both the IIC and COFIDES will be coarrangers of the Facility. COFIDES will be the administrative agent for Project Loans financed by the Facility. Given its extensive experience in financing projects for local Spanish sponsors, it is expected that COFIDES will structure the Project Loans in both their financial and their legal aspects and provide information on such projects for the IIC?s review and approval. This joint Debt Facility will be structured by COFIDES and the IIC. IDB Invest COFIDES IDB Invest Moscoso, Victor Hugo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 30000000 30000000 30000000 Cofides Debt Facility Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1051A-01 IDB Invest Westsphere Latin America Private Equity Fund II Westsphere Latin America Private Equity Fund II IDB Invest IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 10000000 10000000 10000000 Westsphere Latin America Private Equity Fund II Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG3207A-01 IDB Invest Establish a direct project cofinancing program targeting the private sector, in order to provide long-term financing to small and medium-size companies in the beneficiary countries of CAF and regional members of the IIC. The main goal of this IIC/CAF project is to help make corporate management more competitive in order to increase the generation of net revenue and foster foreign currency savings in these countries. In addition, this program aims to benefit from the strengths and know-how of both institutions. Establish a direct project cofinancing program targeting the private sector, in order to provide long-term financing to small and medium-size companies in the beneficiary countries of CAF and regional members of the IIC. The main goal of this IIC/CAF project is to help make corporate management more competitive in order to increase the generation of net revenue and foster foreign currency savings in these countries. In addition, this program aims to benefit from the strengths and know-how of both institutions. IDB Invest CAF IDB Invest Bermudez, Tomas +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 30000000 30000000 30000000 Corporación Andina de Fomento Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1057A-01 IDB Invest Agency line arrangement by which LAAD will identify, evaluate, structure and supervise loans to companies in the agribusiness sector, majority-owned by citizens of the region with annual sales and total assets which do not exceed US$15 million. Under the terms of the agency line, the IIC and LAAD will lend an equal amount of between US$300,000 and US$1,500,000 each to eligible companies in The Bahamas, Barbados, Belize, Bolivia, Costa Rica, Ecuador, El Salvador, Guatemala, Guyana, Haiti, Honduras, Jamaica, Nicaragua, Panama, Paraguay, Dominican Republic, Suriname, Trinidad and Tobago, and Uruguay. Agency line arrangement by which LAAD will identify, evaluate, structure and supervise loans to companies in the agribusiness sector, majority-owned by citizens of the region with annual sales and total assets which do not exceed US$15 million. Under the terms of the agency line, the IIC and LAAD will lend an equal amount of between US$300,000 and US$1,500,000 each to eligible companies in The Bahamas, Barbados, Belize, Bolivia, Costa Rica, Ecuador, El Salvador, Guatemala, Guyana, Haiti, Honduras, Jamaica, Nicaragua, Panama, Paraguay, Dominican Republic, Suriname, Trinidad and Tobago, and Uruguay. IDB Invest Latin American Agribusiness Development Corporation, S.A. (LAAD). IDB Invest Hernandez, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 7675000 7675000 7675000 Latin American Agribusiness Development Agency Line Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1054A-01 IDB Invest CBP Debt Facility CBP Debt Facility IDB Invest IDB Invest Moscoso, Victor Hugo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 20000000 20000000 20000000 CBP Debt Facility Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1033A-01 IDB Invest Inter-American Capital Fund Inter-American Capital Fund IDB Invest IDB Invest Savastano, Ana Cecilia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 5000000 5000000 5000000 Inter-American Capital Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1082A-01 IDB Invest The purpose of the project is to provide funding to meet medium- and long-term financing requirements through finance lease operations with medium-size Latin America companies. The IIC will provide a seven-year, US$10 million line of credit to be used for providing medium-term financing to small and medium-size South American, Central America and Caribbean companies. The purpose of the project is to provide funding to meet medium- and long-term financing requirements through finance lease operations with medium-size Latin America companies. The IIC will provide a seven-year, US$10 million line of credit to be used for providing medium-term financing to small and medium-size South American, Central America and Caribbean companies. IDB Invest Suleasing Internacional, S.A. IDB Invest Echeverri, Ana Rosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 10000000 10000000 10000000 Suleasing Internacional, S.A. Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RC3222A-01 IDB Invest The proposed project consists of providing GMG Holding with up to US$10 million in financing with a term of up to 6 years, to refinance its financial liabilities. The financing will be in the form of a syndicated loan with Central American commercial banks. It seeks to provide GMG Holding with the financial flexibility needed to support its projected growth over the next few years, as it opens new stores in different countries. GMG Holding S.A. operates throughout Central America. It is a chain that sells wholesale and retail household electrical appliances and offers medium-term credit for retail sales. GMG Holding is the market leader in Costa Rica and Nicaragua and it has a significant share in the other markets in which it operates. The proposed project consists of providing GMG Holding with up to US$10 million in financing with a term of up to 6 years, to refinance its financial liabilities. The financing will be in the form of a syndicated loan with Central American commercial banks. It seeks to provide GMG Holding with the financial flexibility needed to support its projected growth over the next few years, as it opens new stores in different countries. GMG Holding S.A. operates throughout Central America. It is a chain that sells wholesale and retail household electrical appliances and offers medium-term credit for retail sales. GMG Holding is the market leader in Costa Rica and Nicaragua and it has a significant share in the other markets in which it operates. IDB Invest GMG Holding S.A. IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Manufacturing 10000000 10000000 10000000 GMG Holding S.A. Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RC3203A-01 IDB Invest The project consists of a long-term loan of up to US$5 million to Arrendadora Interfin El Salvador S.A., Arrendadora Interfin Guatemala S.A., and Arrendadora Interfin S.A. The loan proceeds will be used to finance small and medium-size Salvadorian, Guatemalan, and Costa Rican enterprises that require medium- and long-term funds to finance the acquisition of fixed assets or machinery. The project consists of a long-term loan of up to US$5 million to Arrendadora Interfin El Salvador S.A., Arrendadora Interfin Guatemala S.A., and Arrendadora Interfin S.A. The loan proceeds will be used to finance small and medium-size Salvadorian, Guatemalan, and Costa Rican enterprises that require medium- and long-term funds to finance the acquisition of fixed assets or machinery. IDB Invest Arrendadora Interfin El Salvador S.A. de C.V, Arrendadora Interfin de Guatemala S.A., and Arrendadora Interfin S.A. IDB Invest Savastano, Ana Cecilia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 5000000 5000000 5000000 Arrendadora Interfin Regional Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1080A-02 IDB Invest The project consists of an equity investment in Darby ProBanco Fund II, a private equity fund managed by Darby Overseas Investments ("Darby"). Darby ProBanco Fund II’s investment target is the financial sector (banking, non-banking financial institutions, special purpose vehicles, and financial service oriented companies) in Central America, Panama, Dominican Republic, Mexico and Colombia. This Fund draws on Darby’s success in investing in this sector in the Latin American region. Darby manages over two billion dollars in several private equity funds in Latin America, Eastern Europe, and Asia. Darby is a wholly owned subsidiary of Franklin Resources, a publicly owned global investment management firm. This investment will be the IIC’s second investment in a private equity fund managed by Darby. In 2003, the IIC committed US$6.0 million in Proba I – a small private equity fund that invested in the financial sector in Central America. Proba I was a successful private equity fund of the 2000 vintage in the Central American region. The project consists of an equity investment in Darby ProBanco Fund II, a private equity fund managed by Darby Overseas Investments ("Darby"). Darby ProBanco Fund II’s investment target is the financial sector (banking, non-banking financial institutions, special purpose vehicles, and financial service oriented companies) in Central America, Panama, Dominican Republic, Mexico and Colombia. This Fund draws on Darby’s success in investing in this sector in the Latin American region. Darby manages over two billion dollars in several private equity funds in Latin America, Eastern Europe, and Asia. Darby is a wholly owned subsidiary of Franklin Resources, a publicly owned global investment management firm. This investment will be the IIC’s second investment in a private equity fund managed by Darby. In 2003, the IIC committed US$6.0 million in Proba I – a small private equity fund that invested in the financial sector in Central America. Proba I was a successful private equity fund of the 2000 vintage in the Central American region. IDB Invest Darby ProBanco Fund II IDB Invest Parodi Serpa, Alberto Enrique +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 5000000 5000000 5000000 Darby Probanco Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1059A-01 IDB Invest The project consists of a US$10 million participation in The Compass Capital Fund, L. P., a diversified regional fund with a target capitalization of US$150 million. The fund is a Cayman Island limited parnership, whose aim is to invest in equity and equity-related securities of family-owned, private—held companies located in the Latin America. Investments are expected to be made primarily in Argentina, Chile. Peru, Venezuela, and the countries of Central America. The project consists of a US$10 million participation in The Compass Capital Fund, L. P., a diversified regional fund with a target capitalization of US$150 million. The fund is a Cayman Island limited parnership, whose aim is to invest in equity and equity-related securities of family-owned, private—held companies located in the Latin America. Investments are expected to be made primarily in Argentina, Chile. Peru, Venezuela, and the countries of Central America. IDB Invest Compass Group IDB Invest Lenoir Lara, Patrick Paul Emmanuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 5293000 5293000 5293000 Compass Capital Fund LP Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG3858A-01 IDB Invest Grupo Inplast, S.A. Bandex, S.A. (formerly Grupo Inplast) Grupo Inplast, S.A. Bandex, S.A. (formerly Grupo Inplast) IDB Invest IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Manufacturing 1000000 1000000 1000000 Grupo Inplast, S.A. Bandex, S.A. (formerly Grupo Inplast) Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RC3205A-01 IDB Invest La Hipotecaria La Hipotecaria IDB Invest IDB Invest Savastano, Ana Cecilia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 20000000 20000000 20000000 La Hipotecaria Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RC3212A-01 IDB Invest Scotia Leasing Costa Rica, S.A., Scotia Leasing Guatemala, S.A., Scotia Leasing Honduras, S.A., and Scotia Leasing Panamá, S.A. are leasing companies that operate in their respective countries. They provide financial and operating leases. The purpose of the IIC project is to support each of the companies’ lending activities and partially fund the growth of their leasing portfolios. The US$15 million IIC loan will enable the companies to continue to diversify their sources of long-term funding. Scotia Leasing Costa Rica, S.A., Scotia Leasing Guatemala, S.A., Scotia Leasing Honduras, S.A., and Scotia Leasing Panamá, S.A. are leasing companies that operate in their respective countries. They provide financial and operating leases. The purpose of the IIC project is to support each of the companies’ lending activities and partially fund the growth of their leasing portfolios. The US$15 million IIC loan will enable the companies to continue to diversify their sources of long-term funding. IDB Invest Scotia Leasing Costa Rica, S.A., Scotia Leasing Guatemala, S.A., Scotia Leasing Honduras, S.A., and Scotia Leasing Panamá, S.A. IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 10000000 10000000 10000000 Scotia Leasing Regional Centroamérica Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RC3145A-01 IDB Invest Senior loan, in the form of a credit line, for providing funding with a range of terms, including medium- and long-term, for corporate loans, finance and operating leases, and trade and working capital finance operations, preferably for small and medium-size companies in Central America and Panama. The loan is regional in nature, and the funds will be used by Grupo BAC-Credomatic banks located in Panama, Nicaragua, Honduras, El Salvador, and Guatemala. Senior loan, in the form of a credit line, for providing funding with a range of terms, including medium- and long-term, for corporate loans, finance and operating leases, and trade and working capital finance operations, preferably for small and medium-size companies in Central America and Panama. The loan is regional in nature, and the funds will be used by Grupo BAC-Credomatic banks located in Panama, Nicaragua, Honduras, El Salvador, and Guatemala. IDB Invest BAC International Bank, Inc. and Subsidiaries ("BAC Regional" or "BAC Holding") IDB Invest Romero, Gustavo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 20000000 20000000 20000000 Bac Regional Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG3869A-01 IDB Invest The project consists of a long-term loan for up to US$10 million to Banco La Hipotecaria, S.A. (located in Panama) and La Hipotecaria, S.A. de C.V. (in El Salvador), subsidiaries of La Hipotecaria (Holding), Inc. The loan proceeds will be used to finance the growth of these companies’ mortgage portfolios. The project consists of a long-term loan for up to US$10 million to Banco La Hipotecaria, S.A. (located in Panama) and La Hipotecaria, S.A. de C.V. (in El Salvador), subsidiaries of La Hipotecaria (Holding), Inc. The loan proceeds will be used to finance the growth of these companies’ mortgage portfolios. IDB Invest Banco La Hipotecaria, S.A. (Panama) and La Hipotecaria, S.A. de C.V. (El Salvador) IDB Invest Guevara, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 10000000 10000000 10000000 La Hipotecaria Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1003A-01 IDB Invest IIC/Advent Latin American Private Equity Fund IIC/Advent Latin American Private Equity Fund IDB Invest IDB Invest Echeverri, Ana Rosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 5050000 5050000 5050000 IIC/Advent Latin American Private Equity Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1071A-01 IDB Invest The project consists of a US$10.0 million participation in The Latin American Private Equity Fund II, L.P., a regional fund with a target capitalization of US$500 million. The fund is a Delaware limited partnership, whose aim is to invest mainly in securities of privately-held middle market growth oriented companies in Latin America. The Fund will focus on Brazil, Argentina, Mexico, and other regional countries. The project consists of a US$10.0 million participation in The Latin American Private Equity Fund II, L.P., a regional fund with a target capitalization of US$500 million. The fund is a Delaware limited partnership, whose aim is to invest mainly in securities of privately-held middle market growth oriented companies in Latin America. The Fund will focus on Brazil, Argentina, Mexico, and other regional countries. IDB Invest Advent International Corporation IDB Invest Echeverri, Ana Rosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 10000000 10000000 10000000 Advent International Corporation II Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG3574A-01 IDB Invest SIMEST SIMEST IDB Invest IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 5000000 5000000 5000000 SIMEST Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1020A-01 IDB Invest Andean Emerging Growth Fund Andean Emerging Growth Fund IDB Invest IDB Invest Moscoso, Victor Hugo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 4000000 4000000 4000000 Andean Emerging Growth Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1063A-01 IDB Invest The project consists of a US$7.5 million participation in The CEA Latin American Communications Partners, L.P., a diversified regional fund with a target capitalization of US$100 million. The fund is a Delaware limited partnership whose aim is to invest in equity related securities of privately held small and middle market media and telecommunication companies located in the Latin America and the Caribbean. The Fund will focus on five primary industry areas: a) fixed-line telephony (including data communications and Internet access services; b) mobile telephony; c) cable and pay television; d) advertising-related businesses such as broadcasting, publishing and outdoor advertising, and; e) Internet commerce and content related sectors. The project consists of a US$7.5 million participation in The CEA Latin American Communications Partners, L.P., a diversified regional fund with a target capitalization of US$100 million. The fund is a Delaware limited partnership whose aim is to invest in equity related securities of privately held small and middle market media and telecommunication companies located in the Latin America and the Caribbean. The Fund will focus on five primary industry areas: a) fixed-line telephony (including data communications and Internet access services; b) mobile telephony; c) cable and pay television; d) advertising-related businesses such as broadcasting, publishing and outdoor advertising, and; e) Internet commerce and content related sectors. IDB Invest Communications Equity Associates (CEA) IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 7500000 7500000 7500000 CEA Latin American Communications Equity Associates L.P. Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG3741A-01 IDB Invest Grupo Inplast, S.A. Braspack Embalagens do Nordeste, S.A. Grupo Inplast, S.A. Braspack Embalagens do Nordeste, S.A. IDB Invest IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Manufacturing 5000000 5000000 5000000 Grupo Inplast, S.A. Braspack Embalagens do Nordeste, S.A. Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1087A-01 IDB Invest Small Loan Program Small Loan Program IDB Invest IDB Invest Ciurlizza, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Unspecified 20000000 20000000 20000000 Small Loan Program Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1060A-01 IDB Invest Project Description: IIC will purchase up to US$15 million of lease receivables originated by El Camino Resources de America Latina subsidiaries in Costa Rica, El Salvador and Guatemala. These receivables will be generated from operating lease transactions with small and medium-sized Costarican, Guatemalan and Salvadorean companies, majority-owned by citizens of the region with annual sales that do not exceed US$15 million. The minimum eligible lease transaction will be US$25,000 and the maximum US$750,000. El Camino will be responsible for the supervision, billing and reconciling payments received from the lessees. Project Description: IIC will purchase up to US$15 million of lease receivables originated by El Camino Resources de America Latina subsidiaries in Costa Rica, El Salvador and Guatemala. These receivables will be generated from operating lease transactions with small and medium-sized Costarican, Guatemalan and Salvadorean companies, majority-owned by citizens of the region with annual sales that do not exceed US$15 million. The minimum eligible lease transaction will be US$25,000 and the maximum US$750,000. El Camino will be responsible for the supervision, billing and reconciling payments received from the lessees. IDB Invest El Camino Resources de America Latina S.A. IDB Invest Roa, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 15000000 15000000 15000000 PLG Capital Partners Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1052A-01 IDB Invest Caribbean Basin Power Fund Caribbean Basin Power Fund IDB Invest IDB Invest Otarola, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 5000000 5000000 5000000 Caribbean Basin Power Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1080A-01 IDB Invest The proposed project consists of a US$6 million investment in ProBa, L.P., Central American Banking Growth Fund, a regional private equity fund that will target the rapidly growing financial sector in Central America and Panama. The investee companies must satisfy the eligibility criteria established by the IIC. The Fund has a target capitalization of US$60 million. The proposed project consists of a US$6 million investment in ProBa, L.P., Central American Banking Growth Fund, a regional private equity fund that will target the rapidly growing financial sector in Central America and Panama. The investee companies must satisfy the eligibility criteria established by the IIC. The Fund has a target capitalization of US$60 million. IDB Invest Darby Overseas Investment Ltd., The Netherlands Development Bank (FMO) and the Central American Bank for Economic Integration (CABEI). IDB Invest Echeverri, Ana Rosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 6000000 6000000 6000000 PROBA L.P. Central American Banking Growth Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1034A-01 IDB Invest Inversiones Privadas Latinoamericanas L.P. Inversiones Privadas Latinoamericanas L.P. IDB Invest IDB Invest Arizu, Sotero +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 5000000 5000000 5000000 Inversiones Privadas Latinoamericanas L.P. Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1005A-01 IDB Invest Oroya Mining Venture Fund Oroya Mining Venture Fund IDB Invest IDB Invest Burnhill, Laura +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 1900000 1900000 1900000 Oroya Mining Venture Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG3654A-01 IDB Invest The Currency Exchange Fund N.V. TCX The Currency Exchange Fund N.V. TCX IDB Invest IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 2500000 2500000 2500000 The Currency Exchange Fund N.V. TCX Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG3429A-01 IDB Invest The proposed project is a colending facility of US$12 million made up of IIC participation of US$6.0 million and LAAD participation of US$6.0 million. The facility will promote private sector investment and employment in the rural areas of countries in Latin America and the Caribbean through the financing of small and medium-size export-oriented companies in the agribusiness sector. LAAD is a successful private investment and development company with more than 30 years of experience with headquarters in Miami, Florida and several regional offices strategically located in Latin America and the Caribbean. LAAD finances and develops private agribusiness projects in Latin America and the Caribbean involving all phases of production, processing, storage, services, technology and marketing in the fields of agriculture, livestock, forestry, and fishing. This facility is the second operation the IIC undertakes with LAAD. The first operation was approved in 1998. The proposed project is a colending facility of US$12 million made up of IIC participation of US$6.0 million and LAAD participation of US$6.0 million. The facility will promote private sector investment and employment in the rural areas of countries in Latin America and the Caribbean through the financing of small and medium-size export-oriented companies in the agribusiness sector. LAAD is a successful private investment and development company with more than 30 years of experience with headquarters in Miami, Florida and several regional offices strategically located in Latin America and the Caribbean. LAAD finances and develops private agribusiness projects in Latin America and the Caribbean involving all phases of production, processing, storage, services, technology and marketing in the fields of agriculture, livestock, forestry, and fishing. This facility is the second operation the IIC undertakes with LAAD. The first operation was approved in 1998. IDB Invest Latin American Agribusiness Development Corporation S.A. IDB Invest Hernandez, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 6000000 6000000 6000000 Latin American Agribusiness Development Corporation II Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1018A-01 IDB Invest Latin American Energy & Electricity Fund Latin American Energy & Electricity Fund IDB Invest IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 5050000 5050000 5050000 Latin American Energy & Electricity Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG3866A-01 IDB Invest Corandes S.A. is Argentina’s leading manufacturer and marketer of tinplate containers for fruit, vegetables, meat and meat products, seafood, and aerosols, as well as metal caps. It also manufactures plastic caps. Industria Nacional de Envases S.A., INESA, is the parent company of INESA group, which, in addition to Corandes, includes INESA Chile, INESA Perú, and INESA Brasil, among others. INESA Chile manufactures a wide variety of tinplate and aluminum containers and caps for the Chilean market. It is Chile’s largest producer of such containers; it serves the fishing, food, paint, chemical, wine and beverage, and aquaculture industries. The purpose of the long-term IIC loan is to finance Corandes’s permanent operating fund requirements. The loan will strengthen Corandes’s financial structure and enable it to continue expanding and providing the market with high-quality containers. Corandes S.A. is Argentina’s leading manufacturer and marketer of tinplate containers for fruit, vegetables, meat and meat products, seafood, and aerosols, as well as metal caps. It also manufactures plastic caps. Industria Nacional de Envases S.A., INESA, is the parent company of INESA group, which, in addition to Corandes, includes INESA Chile, INESA Perú, and INESA Brasil, among others. INESA Chile manufactures a wide variety of tinplate and aluminum containers and caps for the Chilean market. It is Chile’s largest producer of such containers; it serves the fishing, food, paint, chemical, wine and beverage, and aquaculture industries. The purpose of the long-term IIC loan is to finance Corandes’s permanent operating fund requirements. The loan will strengthen Corandes’s financial structure and enable it to continue expanding and providing the market with high-quality containers. IDB Invest Corandes S.A. as borrower, Industria Nacional de Envases S.A., INESA, or INESA Chile S.A. as guarantor IDB Invest Orellana, Ana Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Manufacturing 8000000 8000000 8000000 Inesa Argentina S.A. Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1084A-01 IDB Invest The proposed project consists of a US$3 million investment in ACAF, a diversified private equity fund that will focus primarily on later-stage SMEs located in Central America, Panama and Dominican Republic. The investee companies must satisfy the eligibility criteria established by the IIC. The proposed project consists of a US$3 million investment in ACAF, a diversified private equity fund that will focus primarily on later-stage SMEs located in Central America, Panama and Dominican Republic. The investee companies must satisfy the eligibility criteria established by the IIC. IDB Invest AUREOS Capital Limited IDB Invest Elliot, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 3000000 3000000 3000000 Aureos Central America Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1079A-01 IDB Invest The project represents an opportunity for the IIC to participate with up to US$10MM in the form of an equity investment in The Cori Capital Partners, L.P. ("the Fund") whose aim is to invest in privately held small and medium-size Latin America companies in industries undergoing regional and/or global consolidation. The fund has a target capitalization of US$300 million. While the Fund may invest in any country in the Latin American region, the Fund will have the specific target of investing no less than 30% of its capitalization in countries that are not major markets in the region, such as Argentina, Brazil and Mexico. The project represents an opportunity for the IIC to participate with up to US$10MM in the form of an equity investment in The Cori Capital Partners, L.P. ("the Fund") whose aim is to invest in privately held small and medium-size Latin America companies in industries undergoing regional and/or global consolidation. The fund has a target capitalization of US$300 million. While the Fund may invest in any country in the Latin American region, the Fund will have the specific target of investing no less than 30% of its capitalization in countries that are not major markets in the region, such as Argentina, Brazil and Mexico. IDB Invest Violy, Byorum & Partners Holdings, LLC (VB&P), CDPQ Capital International, a subsidiary of Caisse de Dépôt et Placement de Quebéc and Fenway Partners IDB Invest Ciurlizza, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 10000000 10000000 10000000 Cori Partners, LP Private Equity Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1069A-01 IDB Invest Project Description: The project consists of a US$5.0 million participation in The Central America Growth Fund, L.P., a Delaware limited partnership ("the Fund") whose aim is to invest mainly in securities of privately held small and middle market growth-oriented companies in Central America and Panama. The Fund has an eight-year life and a target capitalization of US$50 million. The Fund will focus on six primary industry areas: a)retailing; b)food and beverage processing; c)manufacturing; d)media and telecom; e)tourism; and f)differentiated export products. Project Description: The project consists of a US$5.0 million participation in The Central America Growth Fund, L.P., a Delaware limited partnership ("the Fund") whose aim is to invest mainly in securities of privately held small and middle market growth-oriented companies in Central America and Panama. The Fund has an eight-year life and a target capitalization of US$50 million. The Fund will focus on six primary industry areas: a)retailing; b)food and beverage processing; c)manufacturing; d)media and telecom; e)tourism; and f)differentiated export products. IDB Invest Provident Group Limited IDB Invest Ciurlizza, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 5000000 5000000 5000000 Central America Growth Fund, L.P. Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1040A-01 IDB Invest South American Private Equity Growth Fund Coinvstors, L.P. South American Private Equity Growth Fund Coinvstors, L.P. IDB Invest IDB Invest Pacheco, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 10000000 10000000 10000000 South American Private Equity Growth Fund Coinvstors, L.P. Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1036A-01 IDB Invest Polyproductos-MACEN Polyproductos-MACEN IDB Invest IDB Invest Serritiello, Guillermo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Manufacturing 3500000 3500000 3500000 Polyproductos-MACEN Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR3736A-01 IDB Invest The objective of this project is to provide equity and funding to Unik S.A., which will allow the company to complete a comprehensive recapitalization of its liabilities, thereby positioning it to more effectively pursue various product development, growth, and expansion opportunities. Unik is Brazil’s leading issuer of payroll cards. It provides basic financial services to under-banked, lower-income Brazilian workers as well as pensioners, and makes working capital financing available to commercial establishments that sell basic necessities to these types of consumers. The payroll card business in Brazil effectively acts as a mechanism for interest-free wage advances to lower-income workers in Brazil, who otherwise might not have any other form of contact with financial sector services and entities. Approximately 250,000 employees at 3,000 companies that are currently part of the Unik network have activated Unik payroll cards, which can be used to make purchases at approximately 16,000 commercial establishments that are now affiliated with Unik and linked to its IT systems. Commercial establishments affiliated with Unik tend mostly to be local food stores and pharmacies, given the fact that a relatively high proportion of spending by lower-income workers is allocated towards food and health-related expenditures (as opposed to bigger ticket, consumer finance items). Employees can make purchases at commercial establishments that are part of the Unik network up to a R$150 per month limit, as long as this amount is less than one third of the relevant individual’s current, unpaid monthly salary. After purchases are made by payroll cardholders, the relevant commercial establishment receives (via the Unik network) a cash payment from employers (for goods and services sold to employees). Thus, Unik effectively performs a billing function between its affiliated commercial establishments on the one hand, and employers on the other hand, thereby taking the settlement/credit risk of employers in its network when it assumes the obligation to pay commercial establishments for goods and services purchased by employees using its payroll cards. The project has two main developmental impacts. First, it increases the access of large numbers of un-banked, lower-income Brazilians to basic credit resources and financial services (Unik has a relevant presence in the Brazilian Northeast). Second, it makes more working capital resources available to large numbers of commercial establishments who sell basic necessities to lower-income Brazilians. Unik’s largest shareholder is the Rio Bravo Group, a leading Brazilian fund management firm. Other shareholders include senior management of the firm, as well as the Santa Cruz Group, one of the biggest wholesalers of medication and personal care products in Brazil. The objective of this project is to provide equity and funding to Unik S.A., which will allow the company to complete a comprehensive recapitalization of its liabilities, thereby positioning it to more effectively pursue various product development, growth, and expansion opportunities. Unik is Brazil’s leading issuer of payroll cards. It provides basic financial services to under-banked, lower-income Brazilian workers as well as pensioners, and makes working capital financing available to commercial establishments that sell basic necessities to these types of consumers. The payroll card business in Brazil effectively acts as a mechanism for interest-free wage advances to lower-income workers in Brazil, who otherwise might not have any other form of contact with financial sector services and entities. Approximately 250,000 employees at 3,000 companies that are currently part of the Unik network have activated Unik payroll cards, which can be used to make purchases at approximately 16,000 commercial establishments that are now affiliated with Unik and linked to its IT systems. Commercial establishments affiliated with Unik tend mostly to be local food stores and pharmacies, given the fact that a relatively high proportion of spending by lower-income workers is allocated towards food and health-related expenditures (as opposed to bigger ticket, consumer finance items). Employees can make purchases at commercial establishments that are part of the Unik network up to a R$150 per month limit, as long as this amount is less than one third of the relevant individual’s current, unpaid monthly salary. After purchases are made by payroll cardholders, the relevant commercial establishment receives (via the Unik network) a cash payment from employers (for goods and services sold to employees). Thus, Unik effectively performs a billing function between its affiliated commercial establishments on the one hand, and employers on the other hand, thereby taking the settlement/credit risk of employers in its network when it assumes the obligation to pay commercial establishments for goods and services purchased by employees using its payroll cards. The project has two main developmental impacts. First, it increases the access of large numbers of un-banked, lower-income Brazilians to basic credit resources and financial services (Unik has a relevant presence in the Brazilian Northeast). Second, it makes more working capital resources available to large numbers of commercial establishments who sell basic necessities to lower-income Brazilians. Unik’s largest shareholder is the Rio Bravo Group, a leading Brazilian fund management firm. Other shareholders include senior management of the firm, as well as the Santa Cruz Group, one of the biggest wholesalers of medication and personal care products in Brazil. IDB Invest Unik S.A. IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 2500000 2500000 2500000 Unik Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1077A-02 IDB Invest CIFI II CIFI II IDB Invest IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 5000000 5000000 5000000 CIFI II Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1031A-01 IDB Invest Newbridge Andean Newbridge Andean IDB Invest IDB Invest Fridell, Monique +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 5000000 5000000 5000000 Newbridge Andean Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1056A-01 IDB Invest Caribbean Investment Fund LP Caribbean Investment Fund LP IDB Invest The Caribbean Investment Fund, L.P. IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 7500000 7500000 7500000 Caribbean Investment Fund LP Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1045A-01 IDB Invest Latin Healthcare Fund, L.P. Latin Healthcare Fund, L.P. IDB Invest IDB Invest Lenoir Lara, Patrick Paul Emmanuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 4949900 4949900 4949900 Latin Healthcare Fund, L.P. Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG3645A-01 IDB Invest Suleasing Internacional S.A. II Suleasing Internacional S.A. II IDB Invest IDB Invest Bettiol, Rita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 20000000 20000000 20000000 Suleasing Internacional S.A. II Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1088A-01 IDB Invest Establish a direct project cofinancing program targeting the private sector, in order to provide long-term financing to small and medium-size companies in the nations of Central America. The main goal of this IIC/CABEI project is to help make corporate management more competitive in order to increase the generation of net revenue and foster foreign currency savings in the countries of Central America. Establish a direct project cofinancing program targeting the private sector, in order to provide long-term financing to small and medium-size companies in the nations of Central America. The main goal of this IIC/CABEI project is to help make corporate management more competitive in order to increase the generation of net revenue and foster foreign currency savings in the countries of Central America. IDB Invest CABEI IDB Invest Romero, Gustavo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 20000000 20000000 20000000 Bco. Centroamericano de Integr. Econom. Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG3861A-01 IDB Invest The purpose of the Microfinance Growth Fund (MiGroF) is to provide funding to microfinance institutions so that they may expand their loan portfolios and foster the sustained growth of micro and small enterprises, which are expected to help Latin America and the Caribbean recover from the crisis. MiGroF was established by its sponsors in response to the need to close gaps arising from the financial crisis in the United States and Europe. The MIF and the IIC, MiGroF’s lead investors, will hold up to approximately 30% of the fund’s total equity capital. To date, six other investors have approved investments of up to US$20 million in MiGroF. OPIC has approved a credit line of up to US$125 million to supply MiGroF with initial funding, thus bringing to US$156 million the funding that is expected to be made available to microfinance institutions in this initial phase. MiGroF is expected to reach US$250 million in resources during a second phase. Fund Manager: BlueOrchard Finance S.A. The purpose of the Microfinance Growth Fund (MiGroF) is to provide funding to microfinance institutions so that they may expand their loan portfolios and foster the sustained growth of micro and small enterprises, which are expected to help Latin America and the Caribbean recover from the crisis. MiGroF was established by its sponsors in response to the need to close gaps arising from the financial crisis in the United States and Europe. The MIF and the IIC, MiGroF’s lead investors, will hold up to approximately 30% of the fund’s total equity capital. To date, six other investors have approved investments of up to US$20 million in MiGroF. OPIC has approved a credit line of up to US$125 million to supply MiGroF with initial funding, thus bringing to US$156 million the funding that is expected to be made available to microfinance institutions in this initial phase. MiGroF is expected to reach US$250 million in resources during a second phase. Fund Manager: BlueOrchard Finance S.A. IDB Invest Microfinance Growth Fund IDB Invest Oliveira Gambeta, Evelyn Cristina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 2500000 2500000 2500000 Microfinace Growth Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1047A-01 IDB Invest Eldon Panamerican Partners, L.P. Eldon Panamerican Partners, L.P. IDB Invest IDB Invest Ciurlizza, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 8000000 8000000 8000000 Eldon Panamerican Partners, L.P. Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1038A-01 IDB Invest Scudder Latin American Power Corporation II Scudder Latin American Power Corporation II IDB Invest IDB Invest Otarola, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 7000000 7000000 7000000 Scudder Latin American Power Corporation II Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1039A-01 IDB Invest Essential Services Growth Fund Essential Services Growth Fund IDB Invest IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 5000000 5000000 5000000 Essential Services Growth Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1077A-01 IDB Invest Project Description: The project involves setting up an institution for funding small and medium-size infrastructure projects (up to US$50 million US$60 million per project) in Latin America and the Caribbean as a way of furthering economic development in the region and enabling additional funding to be channeled from private sources outside the region. In addition to funding projects (either by originating its own operations or participating in projects carried out by any other institution) ICIF may provide financial consultancy services on subjects connected with the infrastructures in question. Forty percent of ICIF's capital shall come from multilateral institutions, and the remaining 60% shall come from private international financial institutions. The project also envisages setting up a fund that shall use its resources for carrying out social projects in the region. ICIF's private shareholders shall use up to 15% of the dividends to which they are entitled to provide the fund with resources. The IIC is considering subscribing up to 20% of ICIF's initial capital at an aggregate cost to the Corporation not to exceed US$10,000,000. Project Description: The project involves setting up an institution for funding small and medium-size infrastructure projects (up to US$50 million US$60 million per project) in Latin America and the Caribbean as a way of furthering economic development in the region and enabling additional funding to be channeled from private sources outside the region. In addition to funding projects (either by originating its own operations or participating in projects carried out by any other institution) ICIF may provide financial consultancy services on subjects connected with the infrastructures in question. Forty percent of ICIF's capital shall come from multilateral institutions, and the remaining 60% shall come from private international financial institutions. The project also envisages setting up a fund that shall use its resources for carrying out social projects in the region. ICIF's private shareholders shall use up to 15% of the dividends to which they are entitled to provide the fund with resources. The IIC is considering subscribing up to 20% of ICIF's initial capital at an aggregate cost to the Corporation not to exceed US$10,000,000. IDB Invest Inter-American Corporation for Infrastructure Finance IDB Invest Echeverri, Ana Rosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 10000000 10000000 10000000 CIFI Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1024A-01 IDB Invest Central American Investment Fund Central American Investment Fund IDB Invest IDB Invest Otarola, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 3000000 3000000 3000000 Central American Investment Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO3583R-01 IDB Invest ADMSAO S.A. ADMSAO S.A. IDB Invest IDB Invest Hernandez, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Agribusiness 10000000 10000000 10000000 ADMSAO S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR3611R-01 IDB Invest Banco Santa Cruz Banco Santa Cruz IDB Invest IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Financial Institutions 2000000 2000000 2000000 Banco Santa Cruz Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1131R-04 IDB Invest BicBanco-IV BicBanco-IV IDB Invest IDB Invest Rincon, Margarita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 7000000 7000000 7000000 BicBanco-IV Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3838R-01 IDB Invest Casa Pellas Casa Pellas IDB Invest IDB Invest Fonseca, Juan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Manufacturing 3500000 3500000 3500000 Casa Pellas Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES3381R-01 IDB Invest Compañía Azucarera Salvadoreña Compañía Azucarera Salvadoreña IDB Invest IDB Invest Hernandez, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Agribusiness 6000000 6000000 6000000 Compañía Azucarera Salvadoreña Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3833R-01 IDB Invest Compañía Cervecera de Nicaragua S.A. Compañía Cervecera de Nicaragua S.A. IDB Invest IDB Invest Mazariegos, Anayansi +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Manufacturing 7000000 7000000 7000000 Compañía Cervecera de Nicaragua S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG1077R-02 IDB Invest CIFI II CIFI II IDB Invest IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 5000000 5000000 5000000 CIFI II Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3735R-02 IDB Invest Eurocapital II Eurocapital II IDB Invest IDB Invest Acuña Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 5000000 5000000 5000000 Eurocapital II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH2962R-02 IDB Invest Factorline III Factorline III IDB Invest IDB Invest Orellana, Ana Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 15000000 15000000 15000000 Factorline III Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR3612R-01 IDB Invest Industrias Nacionales, C. por A. Industrias Nacionales, C. por A. IDB Invest Industrias Nacionales, C. por A. IDB Invest Hernandez, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Manufacturing 6000000 6000000 6000000 Industrias Nacionales, C. por A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3928A-01 IDB Invest Grupo Portuario S.A. was founded in February 1996. It manages and operates one of the wharves of the Buenaventura Marine Terminal, Wharf 13. Buenaventura is Colombia’s main port, moving roughly 40 percent of the country’s cargo. Wharf 13 is a multipurpose wharf that handles different types of cargo, especially bulk and loose cargo, motor vehicles, and containers. This wharf was assigned to Grupo Portuario by the Colombian Navy’s Revolving Fund (currently the Armed Forces Logistics Agency) through a leasing agreement. The objective of the IIC operation is to finance the expansion of Wharf 13, an investment of around US$10 million. This expansion will enable Grupo Portuario to expand its installed capacity by some 35 percent and meet the growing demand. The loan requested from the IIC is for up to US$5 million. Grupo Portuario S.A. was founded in February 1996. It manages and operates one of the wharves of the Buenaventura Marine Terminal, Wharf 13. Buenaventura is Colombia’s main port, moving roughly 40 percent of the country’s cargo. Wharf 13 is a multipurpose wharf that handles different types of cargo, especially bulk and loose cargo, motor vehicles, and containers. This wharf was assigned to Grupo Portuario by the Colombian Navy’s Revolving Fund (currently the Armed Forces Logistics Agency) through a leasing agreement. The objective of the IIC operation is to finance the expansion of Wharf 13, an investment of around US$10 million. This expansion will enable Grupo Portuario to expand its installed capacity by some 35 percent and meet the growing demand. The loan requested from the IIC is for up to US$5 million. IDB Invest Grupo Portuario S.A. IDB Invest Perez, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Transport 3000000 3000000 3000000 Grupo Portuario S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3876A-03 IDB Invest Financiera Educativa de México, S.A. de C.V. Financiera Educativa de México, S.A. de C.V. IDB Invest IDB Invest Navarrete, Monica +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 1900000 1900000 1900000 Financiera Educativa de México, S.A. de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3745A-02 IDB Invest Docuformas S.A.P.I. de C.V. y subsidiaria Docuformas S.A.P.I. de C.V. y subsidiaria IDB Invest IDB Invest Navarrete, Monica +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 2300000 2300000 2300000 Docuformas S.A.P.I. de C.V. y subsidiaria Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR3848A-01 IDB Invest FAMA S.A. FAMA S.A. IDB Invest IDB Invest Secco Viana, Juan Cruz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Manufacturing 600000 600000 600000 FAMA S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3858A-01 IDB Invest Solorzano Industrial & Cia Ltda. Solorzano Industrial & Cia Ltda. IDB Invest IDB Invest Mayorga, Luisa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Manufacturing 100000 100000 100000 Solorzano Industrial & Cia Ltda. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3831A-02 IDB Invest The purpose of the proposed project is to give CrediFactor, S.A. a loan. The proceeds from the loan will ultimately help CrediFactor expand its credit operations with the small and medium-sized enterprise (SME) sector, chiefly through invoice discounting (factoring). The operation will help the company grow its loan portfolio and diversify its medium- and long-term sources of funding. The purpose of the proposed project is to give CrediFactor, S.A. a loan. The proceeds from the loan will ultimately help CrediFactor expand its credit operations with the small and medium-sized enterprise (SME) sector, chiefly through invoice discounting (factoring). The operation will help the company grow its loan portfolio and diversify its medium- and long-term sources of funding. IDB Invest CrediFactor, S.A. IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Financial Institutions 750000 750000 750000 Credifactor II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR1129A-07 IDB Invest The objective of the proposed loan is to provide Banco Rabobank International Brasil S.A. with a subordinated loan that is, in accordance with National Monetary Council regulations, considered as Tier II capital of the Borrower. Ultimately, the loan proceeds will be used to provide financing to small and medium size clients (SMEs) of the Borrower. These SMEs in Brazil require medium- or long-term financing in order to assist in their operations, or short-term financing for procuring goods and services from larger companies on better terms. Financing on appropriate terms will make it possible to generate direct and indirect employment and improve the financial structure of the SMEs, which have limited access to financing with terms of more than one year. The objective of the proposed loan is to provide Banco Rabobank International Brasil S.A. with a subordinated loan that is, in accordance with National Monetary Council regulations, considered as Tier II capital of the Borrower. Ultimately, the loan proceeds will be used to provide financing to small and medium size clients (SMEs) of the Borrower. These SMEs in Brazil require medium- or long-term financing in order to assist in their operations, or short-term financing for procuring goods and services from larger companies on better terms. Financing on appropriate terms will make it possible to generate direct and indirect employment and improve the financial structure of the SMEs, which have limited access to financing with terms of more than one year. IDB Invest Banco Rabobank International Brasil S.A. IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 15000000 15000000 15000000 Rabobank BR VII Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3866A-01 IDB Invest ZAPSA Comercial, S.A. ZAPSA Comercial, S.A. IDB Invest IDB Invest Mayorga, Luisa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Manufacturing 130000 130000 130000 ZAPSA Comercial, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI1046A-03 IDB Invest The purpose of this IIC loan is to support the lending activities of Banco de Finanzas, S.A., geared to providing medium- and long-term financing to small and medium-sized Nicaraguan enterprises in various economic and productive sectors, among them industry, commerce, agriculture, and services. The purpose of this IIC loan is to support the lending activities of Banco de Finanzas, S.A., geared to providing medium- and long-term financing to small and medium-sized Nicaraguan enterprises in various economic and productive sectors, among them industry, commerce, agriculture, and services. IDB Invest Banco de Finanzas, S.A. IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Financial Institutions 5000000 5000000 5000000 Banco de Finanzas, S.A. (BDF) Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3881A-01 IDB Invest Abengoa Chile S.A. is a company established in 1987 under Chilean law. Its main business lines include supplying infrastructure, as well as the construction, installation, operation, maintenance, and commercial operation of infrastructure for industrial facilities. Abengoa Chile S.A. is a subsidiary of Abengoa S.A., established in Seville, Spain. Abengoa Chile S.A. would provide, on a build-own-operate basis, the requisite engineering, design, supply, construction, operation, and maintenance services for a double circuit 220 kV transmission line extending from the transmission towers of the Encuentro Substation (the main node of the Norte Grande Interconnected System – SING) to the string insulators of the transmission line’s entry portals to the future site of the Sierra Gorda Substation (hereinafter, the “Project”). The maximum power transmission would be 220 mega-volt-amperes (MVA), considering a power factor value of 0.98i. Abengoa Chile S.A. would establish Transmisora Mejillones S.A. as a special-purpose company to carry out the Project and would likewise be the Borrower of the IIC loan. The proceeds from the IIC loan would be used to partially finance the Project’s construction and implementation. Chile is the number one producer of copper, accounting for more than a third of the world’s copper production. Mining operations, such as the one being carried out by Sierra Gorda Sociedad Contractual Minera, are essential for Chile’s development. Abengoa Chile S.A. is a company established in 1987 under Chilean law. Its main business lines include supplying infrastructure, as well as the construction, installation, operation, maintenance, and commercial operation of infrastructure for industrial facilities. Abengoa Chile S.A. is a subsidiary of Abengoa S.A., established in Seville, Spain. Abengoa Chile S.A. would provide, on a build-own-operate basis, the requisite engineering, design, supply, construction, operation, and maintenance services for a double circuit 220 kV transmission line extending from the transmission towers of the Encuentro Substation (the main node of the Norte Grande Interconnected System – SING) to the string insulators of the transmission line’s entry portals to the future site of the Sierra Gorda Substation (hereinafter, the “Project”). The maximum power transmission would be 220 mega-volt-amperes (MVA), considering a power factor value of 0.98i. Abengoa Chile S.A. would establish Transmisora Mejillones S.A. as a special-purpose company to carry out the Project and would likewise be the Borrower of the IIC loan. The proceeds from the IIC loan would be used to partially finance the Project’s construction and implementation. Chile is the number one producer of copper, accounting for more than a third of the world’s copper production. Mining operations, such as the one being carried out by Sierra Gorda Sociedad Contractual Minera, are essential for Chile’s development. IDB Invest Transmisora Mejillones S.A. IDB Invest Rivadeneira Arbildua, María Paz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Energy 9804880 9804880 9804880 Transmisora Mejillones S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR3826A-01 IDB Invest Arvedi Metalfer do Brazil (AMB) is a greenfield project in Brazil run by Italy’s Arvedi Group (www.arvedi.it), which has nearly 50 years’ experience in the manufacture of steel coils, welded steel tubes, carbon steel and stainless steel, cold drawn welded tubes, and high-pressure stainless steel strips. All of these activities are consolidated under the Finarvedi SpA company. It has proprietary technology to supply the automotive industry; the infrastructure and oil and gas sectors; and industry in general. The proceeds from the IIC loan will be used to set up a new industrial plant in Indaiatuba in the municipality of Salto, São Paulo, for the production of 60,000 tons per year of welded tubes and 30,000 tons of cold-drawn welded tubes, in addition to funding working capital and pre-operative expenses. Arvedi Metalfer do Brazil (AMB) is a greenfield project in Brazil run by Italy’s Arvedi Group (www.arvedi.it), which has nearly 50 years’ experience in the manufacture of steel coils, welded steel tubes, carbon steel and stainless steel, cold drawn welded tubes, and high-pressure stainless steel strips. All of these activities are consolidated under the Finarvedi SpA company. It has proprietary technology to supply the automotive industry; the infrastructure and oil and gas sectors; and industry in general. The proceeds from the IIC loan will be used to set up a new industrial plant in Indaiatuba in the municipality of Salto, São Paulo, for the production of 60,000 tons per year of welded tubes and 30,000 tons of cold-drawn welded tubes, in addition to funding working capital and pre-operative expenses. IDB Invest Arvedi Metalfer do Brasil (“AMB”) IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Manufacturing 5000000 5000000 5000000 Arvedi Metalfer do Brasil S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3973A-01 IDB Invest 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. IDB Invest Promotora de Cultura Yaxché S.A. de C.V. (“PCY”) IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Tourism 7300000 7300000 7300000 Promotora de Cultura Yaxché S.A. de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3969A-01 IDB Invest Through this project, the IIC intends to support Scotia Leasing Costa Rica, S.A. and Scotiabank de Costa Rica, S.A. in their credit and leasing activities aimed at financing small and medium-sized Costa Rican enterprises in the country’s various productive sectors. Through this project, the IIC intends to support Scotia Leasing Costa Rica, S.A. and Scotiabank de Costa Rica, S.A. in their credit and leasing activities aimed at financing small and medium-sized Costa Rican enterprises in the country’s various productive sectors. IDB Invest Scotia Leasing Costa Rica, S.A. and Scotiabank de Costa Rica, S.A. IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 20000000 20000000 20000000 Grupo BNS Costa Rica Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3868A-02 IDB Invest Operadora de Servicios Mega, S.A. de C.V. Operadora de Servicios Mega, S.A. de C.V. IDB Invest IDB Invest Da Cruz Carneiro, Bruno +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 2291630 2291630 2291630 Operadora de Servicios Mega, S.A. de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR3947A-01 IDB Invest CIABAY’s operations consist of (i) the importation and local sale of agricultural machinery and implements; (ii) sales of agricultural supplies; and (iii) workshops and technical assistance for precision agriculture. CIABAY’s business strategy is focused on offering producers a comprehensive solution to their agro-input and infrastructure needs for the mechanization required to ensure more efficient cultivation of their crops. The purpose of the project is to provide partial financing to meet CIABAY’s operating fund needs while improving the company’s debt profile. CIABAY’s operations consist of (i) the importation and local sale of agricultural machinery and implements; (ii) sales of agricultural supplies; and (iii) workshops and technical assistance for precision agriculture. CIABAY’s business strategy is focused on offering producers a comprehensive solution to their agro-input and infrastructure needs for the mechanization required to ensure more efficient cultivation of their crops. The purpose of the project is to provide partial financing to meet CIABAY’s operating fund needs while improving the company’s debt profile. IDB Invest Comercial e Industrial Amambay S.A. (“CIABAY”) IDB Invest Lesme Romero, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Agribusiness 3500000 3500000 3500000 Comercial e Industrial Amambay S.A. - CIABAY S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO3721A-01 IDB Invest Comercial Nasareth, S. de R. L. Comercial Nasareth, S. de R. L. IDB Invest IDB Invest Ochoa Sanfeliz, Maria Eugenia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Manufacturing 155000 155000 155000 Comercial Nasareth, S. de R. L. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3949A-01 IDB Invest Empresa de Generación Eléctrica Canchayllo S.A.C. (EGECSAC) was established in 2011 to generate and sell electricity. The purpose of this IIC project is to provide EGECSAC with financing to build and operate a hydroelectric plant with a generating capacity of 5.3 megawatts in Canchayllo District, Department of Junín, some 230 km from Lima. The plant will generate around 38 gigawatt hours of clean energy per year, with an average plant factor of 83%. Located on the Pachacayo River (a tributary of the Mantaro River), this plant will generate hydropower using run-of-the-river technology. It has a design flow of 7.0 m3 per second. The power will be transmitted to the National Electrical Grid System (SEIN) through a 22.9 kV transmission line extending 4 km. Construction is expected to take 23 months, beginning in October 2012 and ending in September 2014. The total cost of the project is US$10,286,000. Empresa de Generación Eléctrica Canchayllo S.A.C. (EGECSAC) was established in 2011 to generate and sell electricity. The purpose of this IIC project is to provide EGECSAC with financing to build and operate a hydroelectric plant with a generating capacity of 5.3 megawatts in Canchayllo District, Department of Junín, some 230 km from Lima. The plant will generate around 38 gigawatt hours of clean energy per year, with an average plant factor of 83%. Located on the Pachacayo River (a tributary of the Mantaro River), this plant will generate hydropower using run-of-the-river technology. It has a design flow of 7.0 m3 per second. The power will be transmitted to the National Electrical Grid System (SEIN) through a 22.9 kV transmission line extending 4 km. Construction is expected to take 23 months, beginning in October 2012 and ending in September 2014. The total cost of the project is US$10,286,000. IDB Invest Empresa de Generación Eléctrica Canchayllo S.A.C. (“EGECSAC”) IDB Invest Secco Viana, Juan Cruz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Energy 7200000 7200000 7200000 Empresa de Generación Eléctrica Canchayllo S.A.C. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3882A-01 IDB Invest The IIC loan would comprise an A loan for up to US$12.5 million and a B loan of up to US$17.4 million, for a total of up to US$29.9 million. The loan would provide Hidrosanbartolo S.A. with the financing it needs to design, build, and operate a run-of-the-river hydroelectric plant on the Río Negro River, which is part of the Namangoza Santiago hydrographic basin, located in the southeastern Ecuadorian province of Morona-Santiago. The Hidrosanbartolo S.A. project encompasses a run-of-the-river hydroelectric generating plant with approximately 48.07 megawatts (MW) of output, capable of generating some 350 gigawatts (GW) per year and a plant factor of 83.25%. The main components of the project include a low-level diversion weir, intake structure, steel pipe conveyance, penstock, surface power station, transmission line, and power substation. The project length is 5,500 meters to maintain a net head of 183 meters. The IIC loan would comprise an A loan for up to US$12.5 million and a B loan of up to US$17.4 million, for a total of up to US$29.9 million. The loan would provide Hidrosanbartolo S.A. with the financing it needs to design, build, and operate a run-of-the-river hydroelectric plant on the Río Negro River, which is part of the Namangoza Santiago hydrographic basin, located in the southeastern Ecuadorian province of Morona-Santiago. The Hidrosanbartolo S.A. project encompasses a run-of-the-river hydroelectric generating plant with approximately 48.07 megawatts (MW) of output, capable of generating some 350 gigawatts (GW) per year and a plant factor of 83.25%. The main components of the project include a low-level diversion weir, intake structure, steel pipe conveyance, penstock, surface power station, transmission line, and power substation. The project length is 5,500 meters to maintain a net head of 183 meters. IDB Invest Hidrosanbartolo S.A. IDB Invest Rakowszczyk, Carlos Ruben +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Energy 10000000 10000000 10000000 Hidrosanbartolo, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3946A-01 IDB Invest Caja Municipal Arequipa Caja Municipal Arequipa IDB Invest IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 4000000 4000000 4000000 Caja Municipal Arequipa Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3881A-01 IDB Invest The project encompasses investments that Pronaca will make in fixed assets to increase the installed capacity of its value-added food products operations, as well as to replace equipment, upgrade plant facilities, and invest in its logistical, management, and sales areas. The budget for these investments, which would be made during the period 2012-2013, is US$64 million. The IIC loan would be used primarily to finance plant investments aimed at stepping up production of the company’s frozen food and processed meat products targeted to the “base of the pyramid,” such as good quality, competitively priced meat products in small packages. These investments, which include working capital, are expected to amount to US$8 million and have been allocated in the 2012-2013 budgets. The IIC loan will support Pronaca activities aimed at shoring up its position in this market niche as well as expanding the supply of affordable, quality products for segments that have traditionally been overlooked by producer companies. Pronaca began making these investments and offering its services to this market some five years ago. Pronaca is a leader in the food products supply chain—a diversified company with a number of different business units, including a poultry and pork products production and sales unit; a balanced pet foods unit; an agricultural products—i.e., heart of palm, artichoke, rice, and corn—production unit; and a value-added products—i.e., canned and processed meats—production unit. Pronaca has been operating successfully in the Ecuadorian market for more than 50 years and has operations in other countries of the region as well, such as Colombia and, until recently, in Brazil and Costa Rica. The project encompasses investments that Pronaca will make in fixed assets to increase the installed capacity of its value-added food products operations, as well as to replace equipment, upgrade plant facilities, and invest in its logistical, management, and sales areas. The budget for these investments, which would be made during the period 2012-2013, is US$64 million. The IIC loan would be used primarily to finance plant investments aimed at stepping up production of the company’s frozen food and processed meat products targeted to the “base of the pyramid,” such as good quality, competitively priced meat products in small packages. These investments, which include working capital, are expected to amount to US$8 million and have been allocated in the 2012-2013 budgets. The IIC loan will support Pronaca activities aimed at shoring up its position in this market niche as well as expanding the supply of affordable, quality products for segments that have traditionally been overlooked by producer companies. Pronaca began making these investments and offering its services to this market some five years ago. Pronaca is a leader in the food products supply chain—a diversified company with a number of different business units, including a poultry and pork products production and sales unit; a balanced pet foods unit; an agricultural products—i.e., heart of palm, artichoke, rice, and corn—production unit; and a value-added products—i.e., canned and processed meats—production unit. Pronaca has been operating successfully in the Ecuadorian market for more than 50 years and has operations in other countries of the region as well, such as Colombia and, until recently, in Brazil and Costa Rica. IDB Invest Procesadora Nacional de Alimentos C.A. (“Pronaca”) and Agrovalencia C.A. IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing 10000000 10000000 10000000 Procesadora Nacional de Alimentos C.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE1015A-03 IDB Invest The goal of this financing by the IIC is to support Banco Santander Perú S.A.’s lending activities through a medium-term loan. The proceeds of the loan will be used to provide financing to eligible small and medium-sized enterprises in Peru to serve their working capital needs. The goal of this financing by the IIC is to support Banco Santander Perú S.A.’s lending activities through a medium-term loan. The proceeds of the loan will be used to provide financing to eligible small and medium-sized enterprises in Peru to serve their working capital needs. IDB Invest Banco Santander Perú S.A. IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 5000000 5000000 5000000 Banco Santander Perú Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3864A-02 IDB Invest Through this project, the IIC intends to support small and medium-sized Peruvian enterprises in various productive sectors of the country by means of financial leasing and factoring operations, as well as the financing of working capital or the purchase of fixed assets. Through this project, the IIC intends to support small and medium-sized Peruvian enterprises in various productive sectors of the country by means of financial leasing and factoring operations, as well as the financing of working capital or the purchase of fixed assets. IDB Invest Scotiabank Perú S.A.A. IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 40000000 40000000 40000000 Scotiabank Perú Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3980A-01 IDB Invest Servicios y Financiamiento Agrícola, S.A. de C.V. SOFOM ENR (SEFIA) Servicios y Financiamiento Agrícola, S.A. de C.V. SOFOM ENR (SEFIA) IDB Invest IDB Invest Navarrete, Monica +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 1800000 1800000 1800000 Servicios y Financiamiento Agrícola, S.A. de C.V. SOFOM ENR (SEFIA) Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3933A-01 IDB Invest The main business activity of Total Artefactos S.A. (TASA) is retail sales of household appliances and other items in Peru under the La Curacao trademark. The company has 1,760 employees and is one of the country’s leading electrical appliance retailers, with 90 stores nationwide. The IIC financing of up to US$4.5 million will be used to expand TASA’s chain of retail establishments in medium-sized cities outside of greater Lima. The main business activity of Total Artefactos S.A. (TASA) is retail sales of household appliances and other items in Peru under the La Curacao trademark. The company has 1,760 employees and is one of the country’s leading electrical appliance retailers, with 90 stores nationwide. The IIC financing of up to US$4.5 million will be used to expand TASA’s chain of retail establishments in medium-sized cities outside of greater Lima. IDB Invest Total Artefactos S.A. (“TASA”) IDB Invest Huertas-Corcelles, Aniceto +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Manufacturing 4500000 4500000 4500000 Total Artefactos, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR3645A-01 IDB Invest Gulfstream Petroleum Dominicana S. de R.L. Gulfstream Petroleum Dominicana S. de R.L. IDB Invest IDB Invest Corredera Silvan, Martin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Manufacturing 3500000 3500000 3500000 Gulfstream Petroleum Dominicana S. de R.L. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3838A-03 IDB Invest 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. IDB Invest Financiera CAFSA, S.A. and Arrendadora CAFSA, S.A. IDB Invest Perez Salmeron, Ana Julia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 3000000 3000000 3000000 Financiera y Arrendadora Cafsa III Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3841A-02 IDB Invest The purpose of the proposed project is to give Banco Pichincha C.A. a loan. Banco Pichincha will channel the IIC loan to small and medium-sized enterprises (SMEs) in Ecuador via subloans. The IIC loan, which has a term of five years, will therefore improve the term matching of Banco Pichincha’s long-term lending operations, which are ordinarily three years. The purpose of the proposed project is to give Banco Pichincha C.A. a loan. Banco Pichincha will channel the IIC loan to small and medium-sized enterprises (SMEs) in Ecuador via subloans. The IIC loan, which has a term of five years, will therefore improve the term matching of Banco Pichincha’s long-term lending operations, which are ordinarily three years. IDB Invest Banco Pichincha C.A. IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 5000000 5000000 5000000 Pichincha II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO3717A-01 IDB Invest The objective of the proposed loan is to support the lending activities of FINCA Honduras, which provides working capital financing to the lowest-income entrepreneurs so they can create jobs, build assets, and improve their standard of living. These entrepreneurs are the owners of micro and small enterprises from the country working in a variety of productive sectors, especially commerce, industry, services, and agribusiness. Financing on appropriate terms will make it possible to generate direct and indirect employment and improve the financial structure of these small companies, which have limited access to financing. FINCA’s strategy in Honduras is to focus operations on underserved markets and groups, especially rural areas and women. The objective of the proposed loan is to support the lending activities of FINCA Honduras, which provides working capital financing to the lowest-income entrepreneurs so they can create jobs, build assets, and improve their standard of living. These entrepreneurs are the owners of micro and small enterprises from the country working in a variety of productive sectors, especially commerce, industry, services, and agribusiness. Financing on appropriate terms will make it possible to generate direct and indirect employment and improve the financial structure of these small companies, which have limited access to financing. FINCA’s strategy in Honduras is to focus operations on underserved markets and groups, especially rural areas and women. IDB Invest FINCA IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Financial Institutions 1000000 1000000 1000000 Finca Honduras Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3851A-02 IDB Invest The project consists of a corporate loan that will be used to finance new points of sale in Ecuador’s major cities and permanent working capital needs, chiefly receivables and inventory. This loan of up to US$10 million will support the growth and development plans of the Sukasa, Todohogar, and SuKocina stores, a new type of retailer recently developed by Comohogar. It is estimated that once the project is completed, Comohogar will have 28 points of sale strategically located throughout Ecuador. Comohogar offers good-quality products, competitive prices, and reasonable financing for its customers from all socioeconomic strata in the Republic of Ecuador. Comohogar has over 15 years of experience and is well positioned in the semi-durable goods market for Ecuadorian homes. Comohogar is a business anchor in the household goods supply chain–which includes appliances, linens, household items, kitchenware, audio and video equipment, and a Christmas-product line. Comohogar offers goods manufactured by small and medium-sized Ecuadorian enterprises, in addition to imported products. It works with domestic suppliers to deliver goods through the “Ecuador shops Ecuador” programs and fairs, promoted by the Ecuadorian government to encourage domestic production. This loan is Comohogar’s second from the IIC. It obtained its first loan from the Corporation in 2008 to support the company’s expansion and growth. Specifically, Comohogar achieved annual sales of US$83 million from 21 stores in 2011, compared to US$50 million from 10 stores in 2007. Comohogar has complied with the terms and conditions of the first IIC loan, including the environmental protection programs and the handling of social and environment aspects agreed to with the IIC. The project consists of a corporate loan that will be used to finance new points of sale in Ecuador’s major cities and permanent working capital needs, chiefly receivables and inventory. This loan of up to US$10 million will support the growth and development plans of the Sukasa, Todohogar, and SuKocina stores, a new type of retailer recently developed by Comohogar. It is estimated that once the project is completed, Comohogar will have 28 points of sale strategically located throughout Ecuador. Comohogar offers good-quality products, competitive prices, and reasonable financing for its customers from all socioeconomic strata in the Republic of Ecuador. Comohogar has over 15 years of experience and is well positioned in the semi-durable goods market for Ecuadorian homes. Comohogar is a business anchor in the household goods supply chain–which includes appliances, linens, household items, kitchenware, audio and video equipment, and a Christmas-product line. Comohogar offers goods manufactured by small and medium-sized Ecuadorian enterprises, in addition to imported products. It works with domestic suppliers to deliver goods through the “Ecuador shops Ecuador” programs and fairs, promoted by the Ecuadorian government to encourage domestic production. This loan is Comohogar’s second from the IIC. It obtained its first loan from the Corporation in 2008 to support the company’s expansion and growth. Specifically, Comohogar achieved annual sales of US$83 million from 21 stores in 2011, compared to US$50 million from 10 stores in 2007. Comohogar has complied with the terms and conditions of the first IIC loan, including the environmental protection programs and the handling of social and environment aspects agreed to with the IIC. IDB Invest Comohogar S.A. IDB Invest Quinones, Jose Gustavo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing 10000000 10000000 10000000 Comohogar S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG3876A-01 IDB Invest The objective of the proposed loan is to support the lending activities of FINCA subsidiaries in Latin America and the Caribbean, which provide working capital financing to the lowest-income entrepreneurs so they can create jobs, build assets, and improve their standard of living. These entrepreneurs are the owners of micro and small enterprises in the region working in a variety of productive sectors, especially commerce, industry, services, and agribusiness. Financing on appropriate terms will make it possible to generate direct and indirect employment and improve the financial structure of these small companies, which have limited access to financing. FMH’s strategy in the region is to focus operations on underserved markets and groups, especially rural areas and women. The objective of the proposed loan is to support the lending activities of FINCA subsidiaries in Latin America and the Caribbean, which provide working capital financing to the lowest-income entrepreneurs so they can create jobs, build assets, and improve their standard of living. These entrepreneurs are the owners of micro and small enterprises in the region working in a variety of productive sectors, especially commerce, industry, services, and agribusiness. Financing on appropriate terms will make it possible to generate direct and indirect employment and improve the financial structure of these small companies, which have limited access to financing. FMH’s strategy in the region is to focus operations on underserved markets and groups, especially rural areas and women. IDB Invest FMH IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 3900000 3900000 3900000 Finca Microfinance Holding Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR3829A-01 IDB Invest The IIC loan of up to US$5.2 million would be used primarily to finance the purchase of cranes, trailers, and tractors, and to fund working capital needs during the preoperational phase. Ledincor and Lidelir are two companies that will provide logistical services at the log storage yards of the Montes del Plata project’s M’Bopicuá logistics terminal in Río Negro Department and at its Punta Pereira terminal in Colonia Department. The companies will provide services under 7-year service agreements for managing and operating log storage yards beginning in January 2013. The Montes del Plata project involves the construction of a cellulose pulp mill for processing eucalyptus from commercial tree farms. It includes the construction and operation of a cellulose pulp mill that will produce some 1.3 million metric tons of cellulose per year; a 160-megawatt biomass power generation facility; a river port terminal; barge terminals with log storage yards; and a wood chipping plant. The cellulose plant will employ elemental chlorine free (ECF) technology and will be built in the Zona Franca Punta Pereira S.A., approximately 190 kilometers west of Montevideo. The Montes del Plata project represents the largest foreign investment in Uruguay’s history. The Inter-American Development Bank (IDB) has approved the financing for the project and has already made partial disbursements. The IIC loan of up to US$5.2 million would be used primarily to finance the purchase of cranes, trailers, and tractors, and to fund working capital needs during the preoperational phase. Ledincor and Lidelir are two companies that will provide logistical services at the log storage yards of the Montes del Plata project’s M’Bopicuá logistics terminal in Río Negro Department and at its Punta Pereira terminal in Colonia Department. The companies will provide services under 7-year service agreements for managing and operating log storage yards beginning in January 2013. The Montes del Plata project involves the construction of a cellulose pulp mill for processing eucalyptus from commercial tree farms. It includes the construction and operation of a cellulose pulp mill that will produce some 1.3 million metric tons of cellulose per year; a 160-megawatt biomass power generation facility; a river port terminal; barge terminals with log storage yards; and a wood chipping plant. The cellulose plant will employ elemental chlorine free (ECF) technology and will be built in the Zona Franca Punta Pereira S.A., approximately 190 kilometers west of Montevideo. The Montes del Plata project represents the largest foreign investment in Uruguay’s history. The Inter-American Development Bank (IDB) has approved the financing for the project and has already made partial disbursements. IDB Invest Ledincor S.A. and Lidelir S.A. IDB Invest Domenech Pina, Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Transport 2100000 2100000 2100000 Ledincor S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3879A-01 IDB Invest Agripac S.A. is a leader in the manufacturing and marketing of agribusiness inputs in Ecuador specializing in agrochemicals, fertilizers, and animal feed. It has grown from an agrochemical marketing firm into a more diversified enterprise with value-added products such as animal feed concentrates (for fish farming, livestock, poultry, and pets) and its own distribution network. Armed with more than 40 years of market experience, Agripac has a large nationwide presence with over 160 sales outlets selling its products and providing support and advisory services to small and medium-sized farmers and agribusinesses. Its innovative business development programs attest to the group’s management capability and its focus on supporting small farmers. Specific examples include (i) its "la Escuelita" (or Academy) program for the recruitment of young professionals/recent graduates; (ii) its financial services for small customers/farmers offered through Banco de Guayaquil’s "Banco del Barrio" program (a neighborhood banking network); and (iii) triangulation programs supplying inputs to small farmers growing corn and other crops in exchange for their agreement to sell their crops to Agripac for use in the production of balanced feeds or pet products as part of its sales line. The objective of this IIC operation is to provide financing for capital investments, including plant upgrades and additional investment in the area of crop dusting. The long-term IIC loan will complement Agripac’s other available sources of funding and help strengthen its financial position by improving the maturity profile of its liabilities. Agripac S.A. is a leader in the manufacturing and marketing of agribusiness inputs in Ecuador specializing in agrochemicals, fertilizers, and animal feed. It has grown from an agrochemical marketing firm into a more diversified enterprise with value-added products such as animal feed concentrates (for fish farming, livestock, poultry, and pets) and its own distribution network. Armed with more than 40 years of market experience, Agripac has a large nationwide presence with over 160 sales outlets selling its products and providing support and advisory services to small and medium-sized farmers and agribusinesses. Its innovative business development programs attest to the group’s management capability and its focus on supporting small farmers. Specific examples include (i) its "la Escuelita" (or Academy) program for the recruitment of young professionals/recent graduates; (ii) its financial services for small customers/farmers offered through Banco de Guayaquil’s "Banco del Barrio" program (a neighborhood banking network); and (iii) triangulation programs supplying inputs to small farmers growing corn and other crops in exchange for their agreement to sell their crops to Agripac for use in the production of balanced feeds or pet products as part of its sales line. The objective of this IIC operation is to provide financing for capital investments, including plant upgrades and additional investment in the area of crop dusting. The long-term IIC loan will complement Agripac’s other available sources of funding and help strengthen its financial position by improving the maturity profile of its liabilities. IDB Invest Agripac S.A. IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Agribusiness 4000000 4000000 4000000 Agripac S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR3844A-01 IDB Invest Lidelir S.A. Lidelir S.A. IDB Invest IDB Invest Domenech Pina, Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Transport 3100000 3100000 3100000 Lidelir S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3857A-01 IDB Invest IRENE, S.A. IRENE, S.A. IDB Invest IDB Invest Jatem, Alejandra Luz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Manufacturing 600000 600000 600000 IRENE, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3860A-01 IDB Invest The objective of the proposed loan is to support the lending activities of FINCA Nicaragua, which provides working capital financing to the lowest-income entrepreneurs so they can create jobs, build assets, and improve their standard of living. These entrepreneurs are the owners of micro and small enterprises from the country working in a variety of productive sectors, especially commerce, industry, services, and agribusiness. Financing on appropriate terms will make it possible to generate direct and indirect employment and improve the financial structure of these small companies, which have limited access to financing. FINCA’s strategy in Nicaragua is to focus operations on underserved markets and groups, especially rural areas and women. The objective of the proposed loan is to support the lending activities of FINCA Nicaragua, which provides working capital financing to the lowest-income entrepreneurs so they can create jobs, build assets, and improve their standard of living. These entrepreneurs are the owners of micro and small enterprises from the country working in a variety of productive sectors, especially commerce, industry, services, and agribusiness. Financing on appropriate terms will make it possible to generate direct and indirect employment and improve the financial structure of these small companies, which have limited access to financing. FINCA’s strategy in Nicaragua is to focus operations on underserved markets and groups, especially rural areas and women. IDB Invest FINCA IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Financial Institutions 1000000 1000000 1000000 Finca Nicaragua Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3951A-01 IDB Invest MLP is an SME specializing in tourist services that include world-class guest lodging in mountain lodges, hiking tours, horseback riding, as well as adventure and cultural tourism activities, centered primarily in Peru’s Department of Cuzco. Established in 2001, the company began as a hotel on the outskirts of Lima. In 2008, it began operating tourism services at destinations along the Salkantay trail, where it operates five mountain lodges that primarily cater to travelers from the United States and Europe. The IIC’s participation is aimed at providing financing for the construction and furbishing of three mountain lodges along the Lares trail to Machu Picchu. MLP’s lodges on the Lares trail will be an outgrowth of the facilities it currently operates on the Salkantay trail. Of the three mountain lodges, only one—Huacahuasi—will be located in a remote rural area. The other two, Lamay and Ollantaytambo, will be built in developed areas. MLP is an SME specializing in tourist services that include world-class guest lodging in mountain lodges, hiking tours, horseback riding, as well as adventure and cultural tourism activities, centered primarily in Peru’s Department of Cuzco. Established in 2001, the company began as a hotel on the outskirts of Lima. In 2008, it began operating tourism services at destinations along the Salkantay trail, where it operates five mountain lodges that primarily cater to travelers from the United States and Europe. The IIC’s participation is aimed at providing financing for the construction and furbishing of three mountain lodges along the Lares trail to Machu Picchu. MLP’s lodges on the Lares trail will be an outgrowth of the facilities it currently operates on the Salkantay trail. Of the three mountain lodges, only one—Huacahuasi—will be located in a remote rural area. The other two, Lamay and Ollantaytambo, will be built in developed areas. IDB Invest Mountain Lodges of Peru S.A.C. (“MLP”) IDB Invest Secco Viana, Juan Cruz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Tourism 3000000 3000000 3000000 Mountain Lodges of Peru S.A.C. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO3611A-01 IDB Invest Servicios Agrícolas JOMA Servicios Agrícolas JOMA IDB Invest IDB Invest Secco Viana, Juan Cruz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Agribusiness 200000 200000 200000 Servicios Agrícolas JOMA Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3041A-03 IDB Invest The purpose of this IIC loan is to support the lending activities of BAC San José, S.A., aimed at providing medium- and long-term financing to small and medium-sized Costa Rican enterprises in the country’s various productive sectors, especially commerce, industry, services, tourism, agribusiness, and the export sector. The purpose of this IIC loan is to support the lending activities of BAC San José, S.A., aimed at providing medium- and long-term financing to small and medium-sized Costa Rican enterprises in the country’s various productive sectors, especially commerce, industry, services, tourism, agribusiness, and the export sector. IDB Invest BAC San José, S.A. IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 20000000 20000000 20000000 BAC San Jose III Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3817A-03 IDB Invest Agrofinanzas S.A. de C.V. Agrofinanzas S.A. de C.V. IDB Invest IDB Invest Ventrell, Catalina Hincapie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 3913070 3913070 3913070 Agrofinanzas S.A. de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3847A-01 IDB Invest The purpose of this IIC operation is to provide financing for the construction, start-up, and operation of “El Diamante,” a 5-megawatt run-of-the-river hydroelectric power plant. The project would be located on the Upá River, in the municipality of San Ramón, Matagalpa Department, and would connect to the grid via a 3.5-kilometer medium-voltage power line to the village of El Jobo. The main objective of the El Diamante hydroelectric plant is to supply Nicaragua’s electric power grid with electricity at a reasonable cost, by means of this run-of-the river hydroelectric plant—a clean, renewable energy source. The project qualifies for registration as a Clean Development Mechanism (CDM) project. IHSA is a Nicaraguan company created for the express purpose of developing the El Diamante hydroelectric power plant. During 2011, IHSA initiated pre-development activities for the plant and is expected to break ground on the plant’s construction in the second half of 2012. Hemco, a Nicaraguan enterprise, works in conjunction with other, related companies in the areas of mining exploration and extraction, hydroelectric power generation, and forestry development projects. The purpose of this IIC operation is to provide financing for the construction, start-up, and operation of “El Diamante,” a 5-megawatt run-of-the-river hydroelectric power plant. The project would be located on the Upá River, in the municipality of San Ramón, Matagalpa Department, and would connect to the grid via a 3.5-kilometer medium-voltage power line to the village of El Jobo. The main objective of the El Diamante hydroelectric plant is to supply Nicaragua’s electric power grid with electricity at a reasonable cost, by means of this run-of-the river hydroelectric plant—a clean, renewable energy source. The project qualifies for registration as a Clean Development Mechanism (CDM) project. IHSA is a Nicaraguan company created for the express purpose of developing the El Diamante hydroelectric power plant. During 2011, IHSA initiated pre-development activities for the plant and is expected to break ground on the plant’s construction in the second half of 2012. Hemco, a Nicaraguan enterprise, works in conjunction with other, related companies in the areas of mining exploration and extraction, hydroelectric power generation, and forestry development projects. IDB Invest Inversiones Hidroeléctricas S.A. (“IHSA”) IDB Invest Huertas-Corcelles, Aniceto +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Energy 8000000 8000000 8000000 Inversiones Hidroelectricas S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3967A-01 IDB Invest AmTex is a company founded in 1941 by Mexican investors. Located in metropolitan Mexico City, it currently manufactures textiles and textile goods, primarily sportswear, underwear, and special fabrics. The IIC loan of up to MX$50 million will be used to purchase machinery for the partial modernization of the plant and for working capital. AmTex is a company founded in 1941 by Mexican investors. Located in metropolitan Mexico City, it currently manufactures textiles and textile goods, primarily sportswear, underwear, and special fabrics. The IIC loan of up to MX$50 million will be used to purchase machinery for the partial modernization of the plant and for working capital. IDB Invest American Textil S.A. de C.V. (AmTex) IDB Invest Secco Viana, Juan Cruz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 2868640 2868640 2868640 American Textil S.A. de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES3409A-01 IDB Invest The objective of the proposed loan is to support the lending activities of FINCA El Salvador, which provides working capital financing to the lowest-income entrepreneurs so they can create jobs, build assets, and improve their standard of living. These entrepreneurs are the owners of micro and small enterprises from the country working in a variety of productive sectors, especially commerce, industry, services, and agribusiness. Financing on appropriate terms will make it possible to generate direct and indirect employment and improve the financial structure of these small companies, which have limited access to financing. FINCA’s strategy in El Salvador is to focus operations on underserved markets and groups, especially rural areas and women. The objective of the proposed loan is to support the lending activities of FINCA El Salvador, which provides working capital financing to the lowest-income entrepreneurs so they can create jobs, build assets, and improve their standard of living. These entrepreneurs are the owners of micro and small enterprises from the country working in a variety of productive sectors, especially commerce, industry, services, and agribusiness. Financing on appropriate terms will make it possible to generate direct and indirect employment and improve the financial structure of these small companies, which have limited access to financing. FINCA’s strategy in El Salvador is to focus operations on underserved markets and groups, especially rural areas and women. IDB Invest FINCA IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions 1000000 1000000 1000000 Finca El Salvador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR3771A-02 IDB Invest Wind Power Energia S.A. (WPE) is a member of Grupo IMPSA, which has designed, produced, and marketed high-capacity wind power equipment in Cabo de Santo Agostinho, Pernambuco State, Brazil, since September 2008. WPE also provides construction services, including the assembly and installation of generators, electrical components, and other industrial equipment for the energy sector. It has an annual production capacity of 300 wind power generators and is in the process of expanding to increase that number to 500 and to begin manufacturing electromechanical equipment in Pernambuco for hydroelectric power plants. WPE primarily supplies wind farms in Brazil and, depending on the demand, may begin to supply wind farms in Argentina, Chile, Uruguay, and other locations. It is the only company in Latin America with the technology to produce this kind of equipment. The assembly of domestic and imported parts at its manufacturing plant in Recife currently involves a heavy workload for the company’s electrical engineers. The purpose of this IIC operation is to provide WPE with working capital financing, given the growth it is experiencing in the production of wind power equipment. Wind Power Energia S.A. (WPE) is a member of Grupo IMPSA, which has designed, produced, and marketed high-capacity wind power equipment in Cabo de Santo Agostinho, Pernambuco State, Brazil, since September 2008. WPE also provides construction services, including the assembly and installation of generators, electrical components, and other industrial equipment for the energy sector. It has an annual production capacity of 300 wind power generators and is in the process of expanding to increase that number to 500 and to begin manufacturing electromechanical equipment in Pernambuco for hydroelectric power plants. WPE primarily supplies wind farms in Brazil and, depending on the demand, may begin to supply wind farms in Argentina, Chile, Uruguay, and other locations. It is the only company in Latin America with the technology to produce this kind of equipment. The assembly of domestic and imported parts at its manufacturing plant in Recife currently involves a heavy workload for the company’s electrical engineers. The purpose of this IIC operation is to provide WPE with working capital financing, given the growth it is experiencing in the production of wind power equipment. IDB Invest Wind Power Energia S.A. (“WPE”) IDB Invest Rojas Cuellar, Lina Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Manufacturing 7000000 7000000 7000000 Wind Power Energia S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3969A-01 IDB Invest Arendal is a Mexican company founded in 1997, specializing, inter alia, in the construction of pipelines, plants, electromechanical and heavy civil engineering works, directional drilling, and fiber optic networks. The purpose of the loan is to make use of company knowledge of the market and increase its human capital, in addition to adopting sophisticated systems and tools. The IIC’s revolving credit line of up to MX$100.0 million will be used for working capital loans to finance contracts with Petróleos Mexicanos (“PEMEX”). Arendal is a Mexican company founded in 1997, specializing, inter alia, in the construction of pipelines, plants, electromechanical and heavy civil engineering works, directional drilling, and fiber optic networks. The purpose of the loan is to make use of company knowledge of the market and increase its human capital, in addition to adopting sophisticated systems and tools. The IIC’s revolving credit line of up to MX$100.0 million will be used for working capital loans to finance contracts with Petróleos Mexicanos (“PEMEX”). IDB Invest Arendal S. de R.L. de C.V. (“Arendal”) IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 8500000 8500000 8500000 Arendal S. de R.L de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3976A-01 IDB Invest Finox was founded in 2004 as a limited-scope financial institution (known by the Spanish acronym SOFOL). Finox provides financial services to micro, small, and medium-sized enterprises, mainly in the agribusiness and manufacturing sectors. Its products include loans to finance production cycles, sales, imports, equipment procurement, and investment projects. Finox management has extensive experience and a long track record in Mexico’s financial sector and has demonstrated good corporate governance and strict adherence to corporate policies and procedures. Finox does business in ten of the country’s federal entities—chiefly Sonora, Jalisco, Michoacán, and Colima. The company is currently seeking a license to operate as a niche bank or Level II Specialized Bank. Under Mexican law, the SOFOL will cease to exist as a category of legal entities in 2013. Through an investment of MX$15 million (approximately US$1 million) in preferred stock, the IIC will be backing one of the first processes in the country in which a non-bank financial institution transitions to a niche bank. This transition will allow Finox to substantially grow its loan portfolio, increase its lines of credit with current funders, secure access to greater funding sources, and, in the medium term, attract significant resources from the public. Finox was founded in 2004 as a limited-scope financial institution (known by the Spanish acronym SOFOL). Finox provides financial services to micro, small, and medium-sized enterprises, mainly in the agribusiness and manufacturing sectors. Its products include loans to finance production cycles, sales, imports, equipment procurement, and investment projects. Finox management has extensive experience and a long track record in Mexico’s financial sector and has demonstrated good corporate governance and strict adherence to corporate policies and procedures. Finox does business in ten of the country’s federal entities—chiefly Sonora, Jalisco, Michoacán, and Colima. The company is currently seeking a license to operate as a niche bank or Level II Specialized Bank. Under Mexican law, the SOFOL will cease to exist as a category of legal entities in 2013. Through an investment of MX$15 million (approximately US$1 million) in preferred stock, the IIC will be backing one of the first processes in the country in which a non-bank financial institution transitions to a niche bank. This transition will allow Finox to substantially grow its loan portfolio, increase its lines of credit with current funders, secure access to greater funding sources, and, in the medium term, attract significant resources from the public. IDB Invest Corporación Financiera de Occidente S.A. de C.V. SOFOL (“Finox”) IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 569074 569074 569074 Corporación Financiera de Occidente S.A. de C.V. SOFOL Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3953A-01 IDB Invest The proceeds from the IIC Loan would be used to enhance BCR's capital as well as to finance Costa Rican SMEs with subloans of up to US$500,000. In 1948, the Founding Junta of the Second Republic of Costa Rica decreed the nationalization of the country's banking system, which included BCR. That year, in accordance with Articles 188 and 189 of the Costa Rican Constitution, BCR, along with all other state-owned banks, was declared an autonomous public law institution and a legal person in its own right with administrative autonomy. From its inception, BCR has engaged in activities in which it has a clear competitive advantage, allowing the Bank to develop excellent services and products, generate the profits necessary to keep it strong, reassert its reliability, and contribute to the country's development. In recent years, BCR has taken steps to streamline and innovate its services and customer care operations, with a view to achieving greater levels of responsiveness and convenience through the use and implementation of modern technology. The proceeds from the IIC Loan would be used to enhance BCR's capital as well as to finance Costa Rican SMEs with subloans of up to US$500,000. In 1948, the Founding Junta of the Second Republic of Costa Rica decreed the nationalization of the country's banking system, which included BCR. That year, in accordance with Articles 188 and 189 of the Costa Rican Constitution, BCR, along with all other state-owned banks, was declared an autonomous public law institution and a legal person in its own right with administrative autonomy. From its inception, BCR has engaged in activities in which it has a clear competitive advantage, allowing the Bank to develop excellent services and products, generate the profits necessary to keep it strong, reassert its reliability, and contribute to the country's development. In recent years, BCR has taken steps to streamline and innovate its services and customer care operations, with a view to achieving greater levels of responsiveness and convenience through the use and implementation of modern technology. IDB Invest Banco de Costa Rica ("BCR") IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 22500000 22500000 22500000 Banco de Costa Rica Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR3820A-01 IDB Invest Stratus Capital Partners LP (the "Fund") is a multisector private equity fund that will invest in mid-sized Brazilian companies, supporting businesses with the potential to grow revenues—organically or through acquisitions—during the investment period. The Fund will target a number of different sectors, including products for the country’s growing middle class, services, specialized retail, and entertainment. The Fund’s target is US$200 million, and the first closing is expected to take place in early 2012. The founders of Stratus were pioneers in Brazil’s private equity market and have played a significant role in the mid-market segment. Stratus is perceived as a highly sophisticated local investor, with a trusted reputation among investors and mid-market firms. The Stratus team has been singled out for its achievements in promoting corporate governance, both at the company and Fund levels. The IIC’s participation in the Fund, for up to US$10 million, is expected to play a important role in attracting additional international investors and sending a strong signal from an institution with significant exposure and experience in the region. The IIC would be making a follow-on investment on behalf of the IDB Group, thus supporting one of the MIF’s most successful fund managers and lending continuity to the efforts of the Group. The IIC’s involvement is instrumental for the coexistence of local players in a highly dynamic market with very well-known international players. Furthermore, the IIC’s participation in the Fund would benefit a segment of small and medium-sized enterprises that has been relatively underserved by the main private equity funds in Brazil. Stratus is making a conscientious effort to identify investments in regions and cities outside Brazil’s metropolitan areas. Stratus Capital Partners LP (the "Fund") is a multisector private equity fund that will invest in mid-sized Brazilian companies, supporting businesses with the potential to grow revenues—organically or through acquisitions—during the investment period. The Fund will target a number of different sectors, including products for the country’s growing middle class, services, specialized retail, and entertainment. The Fund’s target is US$200 million, and the first closing is expected to take place in early 2012. The founders of Stratus were pioneers in Brazil’s private equity market and have played a significant role in the mid-market segment. Stratus is perceived as a highly sophisticated local investor, with a trusted reputation among investors and mid-market firms. The Stratus team has been singled out for its achievements in promoting corporate governance, both at the company and Fund levels. The IIC’s participation in the Fund, for up to US$10 million, is expected to play a important role in attracting additional international investors and sending a strong signal from an institution with significant exposure and experience in the region. The IIC would be making a follow-on investment on behalf of the IDB Group, thus supporting one of the MIF’s most successful fund managers and lending continuity to the efforts of the Group. The IIC’s involvement is instrumental for the coexistence of local players in a highly dynamic market with very well-known international players. Furthermore, the IIC’s participation in the Fund would benefit a segment of small and medium-sized enterprises that has been relatively underserved by the main private equity funds in Brazil. Stratus is making a conscientious effort to identify investments in regions and cities outside Brazil’s metropolitan areas. IDB Invest Stratus Capital GP LP IDB Invest Vargas Gomez, Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 5000000 5000000 5000000 Stratus Capital Partners Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3872A-01 IDB Invest The proceeds from this loan will be used to provide financing to micro, small, and medium-sized enterprises in Nicaragua by granting eligible loans based on eligibility criteria to be set by the IIC. The proceeds from this loan will be used to provide financing to micro, small, and medium-sized enterprises in Nicaragua by granting eligible loans based on eligibility criteria to be set by the IIC. IDB Invest Financiera FAMA S.A. IDB Invest Apel,Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Financial Institutions 500000 500000 500000 Financiera Fama, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR3928A-02 IDB Invest The objective of this IIC loan is to support the lending activities of Sudameris Bank S.A.E.C.A., aimed at providing medium- and long-term credit to small and medium-sized Paraguayan enterprises in the country’s different economic and productive sectors, among them industry, commerce, agriculture, livestock, and services. The objective of this IIC loan is to support the lending activities of Sudameris Bank S.A.E.C.A., aimed at providing medium- and long-term credit to small and medium-sized Paraguayan enterprises in the country’s different economic and productive sectors, among them industry, commerce, agriculture, livestock, and services. IDB Invest Sudameris Bank S.A.E.C.A. IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 4000000 4000000 4000000 Sudameris Bank S.A.E.C.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3871A-01 IDB Invest Munkel, which began operations in Nicaragua in 1991, imports, manufactures, and sells optical products through retail outlets throughout Nicaragua. For over 10 years it has been the leading company in the sector. The purpose of this IIC operation is to provide Munkel with financing to purchase state of the art machinery and digital equipment, remodel its optical shops and main offices, and provide it with working capital. The total cost of the project is US$2,775,000. Munkel, which began operations in Nicaragua in 1991, imports, manufactures, and sells optical products through retail outlets throughout Nicaragua. For over 10 years it has been the leading company in the sector. The purpose of this IIC operation is to provide Munkel with financing to purchase state of the art machinery and digital equipment, remodel its optical shops and main offices, and provide it with working capital. The total cost of the project is US$2,775,000. IDB Invest Munkel Lentes de Nicaragua S.A. (“Munkel”) IDB Invest Vera Fabbri, Pablo Marcelo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Social Infrastructure 1700000 1700000 1700000 Munkel Lentes de Nicaragua S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3886A-03 IDB Invest Edilar S.A. de C.V. is a Mexican company that markets instructional and cultural materials to public school teachers in 27 states across Mexico and provides them with funding under the Programa Nacional de Bibliotecas Magisteriales (PNBM – an educational and cultural program) to purchase these materials, with a view to enhancing teacher professional development and improving teaching practices. It also provides microcredit to teachers for professional development through the Programa de Apoyo para la Formación Continua (PAFC), a program that provides support for continuing education. The purpose of this IIC operation is to provide Edilar with financing for expansion of the company’s sales and related financing of instructional and cultural materials to teachers. Edilar S.A. de C.V. is a Mexican company that markets instructional and cultural materials to public school teachers in 27 states across Mexico and provides them with funding under the Programa Nacional de Bibliotecas Magisteriales (PNBM – an educational and cultural program) to purchase these materials, with a view to enhancing teacher professional development and improving teaching practices. It also provides microcredit to teachers for professional development through the Programa de Apoyo para la Formación Continua (PAFC), a program that provides support for continuing education. The purpose of this IIC operation is to provide Edilar with financing for expansion of the company’s sales and related financing of instructional and cultural materials to teachers. IDB Invest Edilar S.A. de C.V. (“Edilar”) IDB Invest Lesme Romero, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Social Infrastructure 5497910 5497910 5497910 Edilar, S.A. de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME4058A-01 IDB Invest The loan proceeds will be used for working capital and for purchasing telecommunications equipment. Orben is a Mexican company based in Monterrey that provides managed information technology and communications services to private companies, SMEs, and government agencies. The loan proceeds will be used for working capital and for purchasing telecommunications equipment. Orben is a Mexican company based in Monterrey that provides managed information technology and communications services to private companies, SMEs, and government agencies. IDB Invest Orben Comunicaciones S.A.P.I. de C.V. (“Orben”) IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Digital Economy 1965690 1965690 1965690 Orben Comunicaciones S.A.P.I. de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME4056A-01 IDB Invest The IIC financing will be used to partially fund the expansion of existing Mazazul Organics S.A. de C.V. (“Mazazul”) operations, in cooperation with the sponsor, Fine Dried Foods International Inc. (“FDFI”). The first phase of construction expands operational capacity via an additional processing facility in Arriaga, in the state of Chiapas, and the second constructs an additional, separate processing facility near Zihuatenejo, in the state of Guerrero. Mazazul was founded in 1998 to increase the supply of high-quality tropical fruit available for sale by FDFI in the United States and Europe. The company’s primary activity is processing and packaging tropical fruit, with mangos, bananas, and pineapples comprising 99% of sales. The IIC financing will be used to partially fund the expansion of existing Mazazul Organics S.A. de C.V. (“Mazazul”) operations, in cooperation with the sponsor, Fine Dried Foods International Inc. (“FDFI”). The first phase of construction expands operational capacity via an additional processing facility in Arriaga, in the state of Chiapas, and the second constructs an additional, separate processing facility near Zihuatenejo, in the state of Guerrero. Mazazul was founded in 1998 to increase the supply of high-quality tropical fruit available for sale by FDFI in the United States and Europe. The company’s primary activity is processing and packaging tropical fruit, with mangos, bananas, and pineapples comprising 99% of sales. IDB Invest Mazazul Organics S.A. de C.V. IDB Invest Lesme Romero, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 1650000 1650000 1650000 Mazazul Organics, S.A. de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN3758A-02 IDB Invest The Project consists of a loan of up to US$12 million to Banco Aliado S.A. The proceeds of the loan will be used to finance fixed assets, machinery, or working capital of small and medium-sized enterprises in different productive sectors. The Project consists of a loan of up to US$12 million to Banco Aliado S.A. The proceeds of the loan will be used to finance fixed assets, machinery, or working capital of small and medium-sized enterprises in different productive sectors. IDB Invest Banco Aliado S.A. IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 12000000 12000000 12000000 Banco Aliado S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES3381A-03 IDB Invest The proceeds of the IIC loan will be used to provide financing to small and medium-sized sugarcane growers and for inventory financing. CASSA is a Salvadoran company that produces and exports sugar and sugar byproducts. Also, through its cogeneration facility, CASSA produces and sells electric energy. The proceeds of the IIC loan will be used to provide financing to small and medium-sized sugarcane growers and for inventory financing. CASSA is a Salvadoran company that produces and exports sugar and sugar byproducts. Also, through its cogeneration facility, CASSA produces and sells electric energy. IDB Invest Compañía Azucarera Salvadoreña S.A. de C.V. (CASSA) IDB Invest Lopez Coronado, Gustavo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Agribusiness 10000000 10000000 10000000 Compañia Azucarera Salvadoreña, S.A. de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR3844A-02 IDB Invest Lidelir S.A. Lidelir S.A. IDB Invest IDB Invest Domenech Pina, Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Transport 200000 200000 200000 Lidelir S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3882A-01 IDB Invest The proceeds of the loan will be used to provide micro, small, and medium-sized enterprises in Nicaragua with financing through eligible loans, pursuant to eligibility criteria to be set by the IIC. The proceeds of the loan will be used to provide micro, small, and medium-sized enterprises in Nicaragua with financing through eligible loans, pursuant to eligibility criteria to be set by the IIC. IDB Invest Fondo de Desarrollo Local (“FDL”) IDB Invest Alvarenga de Jacoby, Marisela +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Financial Institutions 500000 500000 500000 Fondo de Desarrollo Local Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR3861A-01 IDB Invest Saceem is one of Uruguay’s leading construction firms for public works and private development projects. Its areas of specialization include civil engineering, industrial plants, agroindustrial plants, power generation and distribution, and ports. The IIC loan will be used to finance new construction projects, through which Saceem provides technical assistance for SME subcontractors. Saceem is one of Uruguay’s leading construction firms for public works and private development projects. Its areas of specialization include civil engineering, industrial plants, agroindustrial plants, power generation and distribution, and ports. The IIC loan will be used to finance new construction projects, through which Saceem provides technical assistance for SME subcontractors. IDB Invest Saceem S.A. IDB Invest Domenech Pina, Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Social Infrastructure 3900000 3900000 3900000 Saceem S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3622A-03 IDB Invest Established in the city of Guayaquil on April 19, 1979, Banco Bolivariano began operations on March 13, 1980. The bank’s purpose is to offer financial services to individuals, companies, and SMEs through products such as savings accounts, loans, wire transfers, and insurance policies. The purpose of the IIC loan is to finance eligible projects through eligible enterprises. Established in the city of Guayaquil on April 19, 1979, Banco Bolivariano began operations on March 13, 1980. The bank’s purpose is to offer financial services to individuals, companies, and SMEs through products such as savings accounts, loans, wire transfers, and insurance policies. The purpose of the IIC loan is to finance eligible projects through eligible enterprises. IDB Invest Banco Bolivariano C.A. (“Banco Bolivariano”) IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 7000000 7000000 7000000 Banco Bolivariano C.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3945A-02 IDB Invest The goal of this financing by the IIC is to support Compartamos Financiera S.A.’s lending activities through a medium-term loan. Compartamos Financiera S.A.’s lending is aimed at underserved groups. The institution provides credit to microenterprises owned primarily by women living in rural areas of the country. The goal of this financing by the IIC is to support Compartamos Financiera S.A.’s lending activities through a medium-term loan. Compartamos Financiera S.A.’s lending is aimed at underserved groups. The institution provides credit to microenterprises owned primarily by women living in rural areas of the country. IDB Invest Compartamos Financiera, S.A. IDB Invest Apel,Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 2000000 2000000 2000000 Compartamos Financiera S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME4024A-01 IDB Invest GCP is a Mexican enterprise founded in 2001 engaged in the manufacturing and conversion of sanitary paper products, mainly bathroom tissue and napkins. The IIC funding will be used for the procurement and commissioning of a paper mill and all ancillary equipment to help strengthen the company’s competitiveness. GCP is a Mexican enterprise founded in 2001 engaged in the manufacturing and conversion of sanitary paper products, mainly bathroom tissue and napkins. The IIC funding will be used for the procurement and commissioning of a paper mill and all ancillary equipment to help strengthen the company’s competitiveness. IDB Invest Grupo Corporativo Papelera S.A. de C.V. (“GCP”) IDB Invest Lesme Romero, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 13607600 13607600 13607600 Grupo Corporativo Papelera S.A. de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3870A-01 IDB Invest The purpose of the proposed project is to provide Factoring, S.A. with a loan to expand its lending operations to small and medium-sized enterprises (SMEs) in Nicaragua, primarily in the form of invoice discounting (factoring) and working capital financing. The project would help the company grow its loan portfolio and diversify its medium- and long-term funding sources. The purpose of the proposed project is to provide Factoring, S.A. with a loan to expand its lending operations to small and medium-sized enterprises (SMEs) in Nicaragua, primarily in the form of invoice discounting (factoring) and working capital financing. The project would help the company grow its loan portfolio and diversify its medium- and long-term funding sources. IDB Invest Factoring, S.A. IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Financial Institutions 500000 500000 500000 Factoring, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3940A-01 IDB Invest The purpose of the proposed project is to provide an A/B Loan to Banco Financiero del Perú (“Banco Financiero”). The proceeds of the loan will ultimately help Banco Financiero expand its credit operations with the small and medium-sized enterprise (SME) sector in Peru, mainly through leasing and medium term loan operations. The operation will help the bank grow its loan portfolio and diversify its medium- and long-term sources of funding. The purpose of the proposed project is to provide an A/B Loan to Banco Financiero del Perú (“Banco Financiero”). The proceeds of the loan will ultimately help Banco Financiero expand its credit operations with the small and medium-sized enterprise (SME) sector in Peru, mainly through leasing and medium term loan operations. The operation will help the bank grow its loan portfolio and diversify its medium- and long-term sources of funding. IDB Invest Banco Financiero del Perú, S.A. IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 5000000 5000000 5000000 Banco Financiero del Perú. S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RC3233A-01 IDB Invest 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. IDB Invest Lender of Record: Wells Fargo Bank, N.A. (“Wells Fargo”) IDB Invest Roig, Francisco +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 45000000 45000000 45000000 Guarantee Program with Wells Fargo Bank, N.A. Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3735A-03 IDB Invest Operating in Chile since 1998, Eurocapital S.A. engages in recourse factoring operations, purchasing invoices, bills of exchange, checks, contracts, promissory notes, and other instruments issued by small and medium-sized enterprises (SMEs) in the course of their operations. The proposed project consists of a loan of up to US$8 million. This IIC loan will enable Eurocapital to carry out factoring operations denominated in or indexed to the U.S. dollar, primarily involving sales of exports by SMEs that meet the IIC’s eligibility criteria. Eurocapital has a 2.9% share of the local factoring market and 19 branch offices throughout Chile. Operating in Chile since 1998, Eurocapital S.A. engages in recourse factoring operations, purchasing invoices, bills of exchange, checks, contracts, promissory notes, and other instruments issued by small and medium-sized enterprises (SMEs) in the course of their operations. The proposed project consists of a loan of up to US$8 million. This IIC loan will enable Eurocapital to carry out factoring operations denominated in or indexed to the U.S. dollar, primarily involving sales of exports by SMEs that meet the IIC’s eligibility criteria. Eurocapital has a 2.9% share of the local factoring market and 19 branch offices throughout Chile. IDB Invest Eurocapital S.A IDB Invest Orellana,Ana Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 8000000 8000000 8000000 Eurocapital S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR3998A-01 IDB Invest Vicoza S.R.L. Vicoza S.R.L. IDB Invest IDB Invest Secco Viana, Juan Cruz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Agribusiness 570000 570000 570000 Vicoza S.R.L. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3937A-01 IDB Invest 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. IDB Invest Los Portales S.A. IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Tourism 3500000 3500000 3500000 Los Portales S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3892A-01 IDB Invest The project consists of a loan of up to US$3 million to Incofin Servicios Financieros S.A. The loan proceeds will enable Incofin Servicios Financieros S.A. to carry out factoring and financial leasing operations with small and medium-sized Chilean enterprises. The project consists of a loan of up to US$3 million to Incofin Servicios Financieros S.A. The loan proceeds will enable Incofin Servicios Financieros S.A. to carry out factoring and financial leasing operations with small and medium-sized Chilean enterprises. IDB Invest Incofin Servicios Financieros S.A. IDB Invest Acuña Cubillos,Piedad Lucía +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 3000000 3000000 3000000 INCOFIN SERVICIOS FINANCIEROS S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3440A-03 IDB Invest The purpose of this revolving credit line is to provide financing for eligible projects through subloans to eligible enterprises, according to IIC criteria. Bancóldex is Colombia's business development bank. It designs and provides new financial and nonfinancial instruments to boost the competitiveness, productivity, growth, and development of Colombian micro, small, medium-sized, and large companies, both in the export or domestic markets. It is a mixed-economy entity in which the Colombian government has a majority shareholding through the Finance Ministry and the Ministry of Trade, Industry, and Tourism. The purpose of this revolving credit line is to provide financing for eligible projects through subloans to eligible enterprises, according to IIC criteria. Bancóldex is Colombia's business development bank. It designs and provides new financial and nonfinancial instruments to boost the competitiveness, productivity, growth, and development of Colombian micro, small, medium-sized, and large companies, both in the export or domestic markets. It is a mixed-economy entity in which the Colombian government has a majority shareholding through the Finance Ministry and the Ministry of Trade, Industry, and Tourism. IDB Invest Banco de Comercio Exterior de Colombia (“Bancóldex”) IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 45000000 45000000 45000000 Banco de Comercio Exterior de Colombia S.A. - Bancóldex Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR3854A-01 IDB Invest Afenor S.A. Afenor S.A. IDB Invest IDB Invest Beckham Jr.,John +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Manufacturing 150000 150000 150000 Afenor S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RC3205A-03 IDB Invest The purpose of this IIC operation is to finance long-term residential mortgage loans in Panama and El Salvador for qualifying middle- and lower-middle-income lenders through Banco La Hipotecaria, S.A. in Panama and its subsidiary, La Hipotecaria, S.A. de C.V., in El Salvador. Banco La Hipotecaria, S.A. is a subsidiary of La Hipotecaria (Holding), Inc. The purpose of this IIC operation is to finance long-term residential mortgage loans in Panama and El Salvador for qualifying middle- and lower-middle-income lenders through Banco La Hipotecaria, S.A. in Panama and its subsidiary, La Hipotecaria, S.A. de C.V., in El Salvador. Banco La Hipotecaria, S.A. is a subsidiary of La Hipotecaria (Holding), Inc. IDB Invest Banco La Hipotecaria, S.A. (Panama) and La Hipotecaria, S.A. de C.V. (El Salvador) IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 13000000 13000000 13000000 Banco La Hipotecaria S.A. y La Hipotecaria S.A. de C.V. Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME4019A-01 IDB Invest The project consists of a local currency loan of up to MX$50 million to Unifin Financiera S.A.P.I. de C.V. The purpose of this financing is to support small and medium-sized Mexican enterprises through pure leasing and factoring operations to help them meet their working capital needs or purchase productive assets. The project consists of a local currency loan of up to MX$50 million to Unifin Financiera S.A.P.I. de C.V. The purpose of this financing is to support small and medium-sized Mexican enterprises through pure leasing and factoring operations to help them meet their working capital needs or purchase productive assets. IDB Invest Unifin Financiera S.A.P.I. de C.V. IDB Invest Reyes Correa,Sandra +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 3900000 3900000 3900000 Unifin Financiera S.A.P.I. de C.V. SOFOM ENR Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3898A-01 IDB Invest The IIC loan of up to US$8 million will be used to pay suppliers, consolidate and refinance Tabacarcen’s liabilities for the long term. Tabacarcen is a concessionaire at the cargo terminal of the new international airport (Nuevo Aeropuerto Internacional) in Quito, with a sub-concession to operate and maintain the logistics center, as well as to handle imported cargo between the aircraft parking areas and the logistics center. The IIC loan of up to US$8 million will be used to pay suppliers, consolidate and refinance Tabacarcen’s liabilities for the long term. Tabacarcen is a concessionaire at the cargo terminal of the new international airport (Nuevo Aeropuerto Internacional) in Quito, with a sub-concession to operate and maintain the logistics center, as well as to handle imported cargo between the aircraft parking areas and the logistics center. IDB Invest Tababela Cargo Center Tabacarcen S.A. (“Tabacarcen”) IDB Invest Rakowszczyk, Carlos Ruben +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Transport 8000000 8000000 8000000 Tabacarcén S.A. Tababela Cargo Center Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3882A-01 IDB Invest The project consists of a loan to Banco Itaú Chile. The purpose of this project is to finance Eligible Projects via subloans to Eligible Enterprises in Chile. Subloans will provide SMEs with financing—mainly short- and medium-term—for general corporate purposes, including leasing and working capital. The assets or annual income of Eligible Enterprises that receive financing with a portion of the loan shall not exceed US$20 million. The project consists of a loan to Banco Itaú Chile. The purpose of this project is to finance Eligible Projects via subloans to Eligible Enterprises in Chile. Subloans will provide SMEs with financing—mainly short- and medium-term—for general corporate purposes, including leasing and working capital. The assets or annual income of Eligible Enterprises that receive financing with a portion of the loan shall not exceed US$20 million. IDB Invest Banco Itaú Chile IDB Invest Ventrell, Catalina Hincapie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 10000000 10000000 10000000 Banco Itaú Chile S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3955A-01 IDB Invest Established in 1988, Exportadora Frutícola del Sur S.A. (EXFRUSUR) is an agribusiness whose core activities are packaging and exporting agribusiness products. The sponsors are Jorge and Manuel Checa, who have formed a group of seven companies dedicated to growing, producing, and exporting asparagus (since 1986), pomegranates (since 2002), and other agricultural products. In recent years, EXFRUSUR has begun expanding its activities to include crop-growing operations. The project encompasses financing to plant 112 hectares with pomegranate, 10 hectares with blueberries, and 26 hectares with dates, as well as the purchase of land, machinery, and equipment. The project has been partially—and temporarily—financed with short-term funds. A portion of the IIC funding would be used to refinance short-term debt. Through this loan, the IIC would be supporting the company’s growth and production capacity by providing long-term financing for crops that produce for many years. The proposed operation consists of a loan of up to US$2 million. Established in 1988, Exportadora Frutícola del Sur S.A. (EXFRUSUR) is an agribusiness whose core activities are packaging and exporting agribusiness products. The sponsors are Jorge and Manuel Checa, who have formed a group of seven companies dedicated to growing, producing, and exporting asparagus (since 1986), pomegranates (since 2002), and other agricultural products. In recent years, EXFRUSUR has begun expanding its activities to include crop-growing operations. The project encompasses financing to plant 112 hectares with pomegranate, 10 hectares with blueberries, and 26 hectares with dates, as well as the purchase of land, machinery, and equipment. The project has been partially—and temporarily—financed with short-term funds. A portion of the IIC funding would be used to refinance short-term debt. Through this loan, the IIC would be supporting the company’s growth and production capacity by providing long-term financing for crops that produce for many years. The proposed operation consists of a loan of up to US$2 million. IDB Invest Exportadora Frutícola del Sur S.A. IDB Invest Lopez Coronado, Gustavo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Agribusiness 2000000 2000000 2000000 Exportadora Fruticola del Sur S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO1042A-03 IDB Invest CK is a company whose core activities are the manufacturing, processing, in-bond assembly, marketing, importing, and exporting of fabric, garments, and accessories. A full 81% of its manufacturing services are provided to Fruit of the Loom. The objective of this IIC operation is to provide CK with financing for the second phase of its project to design, supply, and build the industrial and agricultural components of a biomass (king grass and Bio-G) generation plant in Honduras with 20 megawatts of nominal capacity. Approximately 15 MW of the power generated will be used in the textile operations of the CK group of companies and the remainder sold to the Honduran National Electric Energy Company (ENEE). In the first phase, the company used its own resources to finance the installation of a saturated steam boiler capable of generating 35 tons of steam per hour and a backpressure turbine with 2 MW of installed capacity. The second phase consists of installing a boiler capable of generating 100 tons of steam per hour and a condensing turbine with 18 MW of nominal electric generating capacity. This phase also includes an investment in the agricultural components (planting of biomass crops) needed to fuel the boiler. The total cost of the project is US$65.2 million (US$22 million for the first phase and US$43.2 million for the second). CK is a company whose core activities are the manufacturing, processing, in-bond assembly, marketing, importing, and exporting of fabric, garments, and accessories. A full 81% of its manufacturing services are provided to Fruit of the Loom. The objective of this IIC operation is to provide CK with financing for the second phase of its project to design, supply, and build the industrial and agricultural components of a biomass (king grass and Bio-G) generation plant in Honduras with 20 megawatts of nominal capacity. Approximately 15 MW of the power generated will be used in the textile operations of the CK group of companies and the remainder sold to the Honduran National Electric Energy Company (ENEE). In the first phase, the company used its own resources to finance the installation of a saturated steam boiler capable of generating 35 tons of steam per hour and a backpressure turbine with 2 MW of installed capacity. The second phase consists of installing a boiler capable of generating 100 tons of steam per hour and a condensing turbine with 18 MW of nominal electric generating capacity. This phase also includes an investment in the agricultural components (planting of biomass crops) needed to fuel the boiler. The total cost of the project is US$65.2 million (US$22 million for the first phase and US$43.2 million for the second). IDB Invest Caracol Knits S.A. de C.V. (“CK”) IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Manufacturing 5590000 5590000 5590000 Caracol Knits, S.A. de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR4035A-01 IDB Invest The project consists of a loan to Banco Continental. The purpose of this project is to provide financing to small and medium-sized enterprises (SMEs) in Paraguay by granting medium- and long-term loans for their modernization and/or expansion, according to eligibility criteria to be set by the IIC. Founded in 1980, Banco Continental is the second leading full-service bank in Paraguay’s financial system in terms of total assets. Focused primarily on SMEs and corporate lending, its traditional target market has been companies in the agricultural sector. Banco Continental serves more than 100,000 clients through its 53 branch offices, 125 automatic teller machines, and website for online transactions. The project consists of a loan to Banco Continental. The purpose of this project is to provide financing to small and medium-sized enterprises (SMEs) in Paraguay by granting medium- and long-term loans for their modernization and/or expansion, according to eligibility criteria to be set by the IIC. Founded in 1980, Banco Continental is the second leading full-service bank in Paraguay’s financial system in terms of total assets. Focused primarily on SMEs and corporate lending, its traditional target market has been companies in the agricultural sector. Banco Continental serves more than 100,000 clients through its 53 branch offices, 125 automatic teller machines, and website for online transactions. IDB Invest Banco Continental SAECA (“Banco Continental”) IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 10000000 10000000 10000000 Banco Continental S.A.E.C.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3855A-01 IDB Invest The proceeds of the loan will be used to provide micro, small, and medium-sized enterprises in Nicaragua with financing through eligible loans, pursuant to eligibility criteria to be set by the IIC. The proceeds of the loan will be used to provide micro, small, and medium-sized enterprises in Nicaragua with financing through eligible loans, pursuant to eligibility criteria to be set by the IIC. IDB Invest Financia Capital S.A. IDB Invest Apel,Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Financial Institutions 1000000 1000000 1000000 Financia Capital, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BH3338A-01 IDB Invest Southern Air Charter Company Limited Southern Air Charter Company Limited IDB Invest IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bahamas Bahamas Transport 2100000 2100000 2100000 Southern Air Charter Company Limited Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR3871A-01 IDB Invest The purpose of the proposed loan is to support BBVA’s lending activities in Uruguay, where it focuses on lending to the productive sector, especially corporate clients and exporters. The IIC loan will be used to offer financing to small and medium-sized enterprises (SMEs) throughout the country and will help BBVA diversify its sources of long-term funding and shore up its capital. The purpose of the proposed loan is to support BBVA’s lending activities in Uruguay, where it focuses on lending to the productive sector, especially corporate clients and exporters. The IIC loan will be used to offer financing to small and medium-sized enterprises (SMEs) throughout the country and will help BBVA diversify its sources of long-term funding and shore up its capital. IDB Invest Banco Bilbao Vizcaya Argentaria Uruguay S.A. (“BBVA”) IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Financial Institutions 15000000 15000000 15000000 Banco Bilbao Vizcaya Argentaria Uruguay S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME4032A-01 IDB Invest The aim of this IIC operation is to provide Stendhal with a loan to partially finance the expansion of its portfolio of products sold in Mexico and other Latin American countries. Stendhal, Maypo, and StInt are subsidiaries of Grupo Arfeldt S.A. de C.V., a holding company. The group’s companies are engaged in the production, distribution, logistics, and marketing of pharmaceuticals in Latin America. Grupo Arfeldt comprises 11 subsidiary companies with direct business operations in eight countries, distribution centers in Mexico City and Panama City, and a manufacturing center in the State of Mexico. Founded in 1974, Stendhal is a Mexican pharmaceutical laboratory that produces, imports, and markets specialized medications. In 2010, it received a transparency award from the Mexican pharmaceutical industry’s Council of Ethics and Transparency (CETIFARMA) in recognition of its good health promotion and transparent business practices. In January 2012, it was recognized by Mexico’s Confederation of Industrial Chamber (CONCAMIN) with an award for exemplifying pharmaceutical industry ethics and values. This award is bestowed on companies that conduct their business in accordance with values-based business models and develop in-house and community corporate social responsibility programs. Established in 1993, Maypo is a distributor of specialized medications. It sells pharmaceutical products to the public sector in Mexico, including those produced and imported by Stendhal. StInt is a holding company that consolidates the operations of Grupo Arfeldt in a number of countries in Latin America, including Colombia, Costa Rica, El Salvador, Guatemala, Panama, and Venezuela. The aim of this IIC operation is to provide Stendhal with a loan to partially finance the expansion of its portfolio of products sold in Mexico and other Latin American countries. Stendhal, Maypo, and StInt are subsidiaries of Grupo Arfeldt S.A. de C.V., a holding company. The group’s companies are engaged in the production, distribution, logistics, and marketing of pharmaceuticals in Latin America. Grupo Arfeldt comprises 11 subsidiary companies with direct business operations in eight countries, distribution centers in Mexico City and Panama City, and a manufacturing center in the State of Mexico. Founded in 1974, Stendhal is a Mexican pharmaceutical laboratory that produces, imports, and markets specialized medications. In 2010, it received a transparency award from the Mexican pharmaceutical industry’s Council of Ethics and Transparency (CETIFARMA) in recognition of its good health promotion and transparent business practices. In January 2012, it was recognized by Mexico’s Confederation of Industrial Chamber (CONCAMIN) with an award for exemplifying pharmaceutical industry ethics and values. This award is bestowed on companies that conduct their business in accordance with values-based business models and develop in-house and community corporate social responsibility programs. Established in 1993, Maypo is a distributor of specialized medications. It sells pharmaceutical products to the public sector in Mexico, including those produced and imported by Stendhal. StInt is a holding company that consolidates the operations of Grupo Arfeldt in a number of countries in Latin America, including Colombia, Costa Rica, El Salvador, Guatemala, Panama, and Venezuela. IDB Invest Específicos Stendhal S.A. de C.V. (“Stendhal”), Farmacéuticos Maypo S.A. (“Maypo”), and Stendhal Internacional S.A. de C.V. (“StInt”) IDB Invest Lesme Romero, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Social Infrastructure 6262470 6262470 6262470 Específicos Stendhal S.A. de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3973A-01 IDB Invest Founded in 1994, Prodiagnóstico S.A. is a Colombian health services provider. It specializes in medical diagnosis via imaging and minimally invasive procedures, using advanced medical technology and innovative scientific techniques. It provides its services at clinics and hospitals, and currently has 22 service agreements with 12 nationally recognized hospitals and clinics. The aim of this IIC operation is to provide Prodiagnóstico with financing of up to US$1.5 million to support the expansion of its activities and refinance a portion of its debt. Founded in 1994, Prodiagnóstico S.A. is a Colombian health services provider. It specializes in medical diagnosis via imaging and minimally invasive procedures, using advanced medical technology and innovative scientific techniques. It provides its services at clinics and hospitals, and currently has 22 service agreements with 12 nationally recognized hospitals and clinics. The aim of this IIC operation is to provide Prodiagnóstico with financing of up to US$1.5 million to support the expansion of its activities and refinance a portion of its debt. IDB Invest Prodiagnóstico S.A. (“Prodiagnóstico”) IDB Invest Perez, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Social Infrastructure 1500000 1500000 1500000 Pro-Diagnóstico S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3998A-01 IDB Invest The proceeds from the IIC loan will be used to finance 2014 technology development efforts to design and develop buses that meet or exceed Mexico’s environmental standards. Dina is a Mexican company founded in 1951 that designs and manufactures transportation equipment. Dina currently provides transportation solutions by manufacturing buses ranging from 8 to 18 meters in length for urban and suburban markets, using technology that is 100% Mexican. The proceeds from the IIC loan will be used to finance 2014 technology development efforts to design and develop buses that meet or exceed Mexico’s environmental standards. Dina is a Mexican company founded in 1951 that designs and manufactures transportation equipment. Dina currently provides transportation solutions by manufacturing buses ranging from 8 to 18 meters in length for urban and suburban markets, using technology that is 100% Mexican. IDB Invest Dina Camiones S.A. de C.V. (Dina) IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 2287620 2287620 2287620 Dina Camiones, S.A. de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3963A-01 IDB Invest Consorcio Azucarero S.A.C. Consorcio Azucarero S.A.C. IDB Invest IDB Invest Garcia de Paredes,Margarita Raquel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Agribusiness 3650000 3650000 3650000 Consorcio Azucarero S.A.C. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES3365A-02 IDB Invest The project consists of a medium-term IIC loan for up to US$5 million to Banco Hipotecario. Banco Hipotecario will use the loan proceeds to finance the expansion of its portfolio of loans to small and medium-sized enterprises (SMEs) by providing medium-term loans to eligible clients, pursuant to criteria established by the IIC. Banco Hipotecario is the leading first-tier state-owned bank in El Salvador. It focuses on meeting the financing needs of Salvadoran SMEs in several economic sectors, offering services throughout the country. The project consists of a medium-term IIC loan for up to US$5 million to Banco Hipotecario. Banco Hipotecario will use the loan proceeds to finance the expansion of its portfolio of loans to small and medium-sized enterprises (SMEs) by providing medium-term loans to eligible clients, pursuant to criteria established by the IIC. Banco Hipotecario is the leading first-tier state-owned bank in El Salvador. It focuses on meeting the financing needs of Salvadoran SMEs in several economic sectors, offering services throughout the country. IDB Invest Banco Hipotecario de El Salvador, S.A. (“Banco Hipotecario”) IDB Invest Perez Salmeron, Ana Julia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions 5000000 5000000 5000000 Banco Hipotecario de El Salvador, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME4047A-01 IDB Invest Somin is a Joint Venture that will look to exploit a sodium sulfate mine located in Bacadéhuachi, Sonora, Mexico. It will produce high quality sodium sulfate at a processing plant 265 Km. away from the mine in Hermosillo, Sonora, in order to manage its subsequent local distribution and export. Somin is a Joint Venture that will look to exploit a sodium sulfate mine located in Bacadéhuachi, Sonora, Mexico. It will produce high quality sodium sulfate at a processing plant 265 Km. away from the mine in Hermosillo, Sonora, in order to manage its subsequent local distribution and export. IDB Invest Somin Compañía Minera de Sonora S.A.P.I. de C.V. (“Somin”) IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Energy 5633070 5633070 5633070 Somin Compañía Minera de Sonora S.A.P.I. de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR4011A-01 IDB Invest The IIC Loan to Automaq will be used to provide a portion of the financing needed to implement the company’s expansion plan by opening, expanding, and upgrading service outlets outside the capital, in addition to meeting the company’s needs for marginal working capital. Established in 1961, Automaq is a Paraguayan importer, representative, and dealer of agricultural machinery and implements (e.g., John Deere, Kuhn, and Cestari). The company is also the exclusive representative of Peugeot and Citroën cars and utility vehicles; of Michelin and BFGoodrich tires; of spare parts for the machinery, implements, and vehicles it represents; of TOTAL lubricants; and of Clark, Komatsu, Bomag, and Ausa construction machinery. In addition, Automaq provides repair/maintenance and post-sale services for the machinery, tools, and vehicles it represents. Automaq currently has 11 outlets where it operates warehouses, sales offices, and some repair and maintenance workshops. Five of these outlets primarily cater to the agribusiness segment (agricultural machinery and tools). The company plans to open at least two additional outlets over the next two years to adequately leverage the potential of the agribusiness segment. Over the past five years, Automaq has bet heavily on the agricultural sector as Paraguay’s main driver of economic growth. Consequently, it has had to expand and upgrade its customer-care, sales, and post-sales outlets in the country’s main agricultural production centers. The IIC Loan to Automaq will be used to provide a portion of the financing needed to implement the company’s expansion plan by opening, expanding, and upgrading service outlets outside the capital, in addition to meeting the company’s needs for marginal working capital. Established in 1961, Automaq is a Paraguayan importer, representative, and dealer of agricultural machinery and implements (e.g., John Deere, Kuhn, and Cestari). The company is also the exclusive representative of Peugeot and Citroën cars and utility vehicles; of Michelin and BFGoodrich tires; of spare parts for the machinery, implements, and vehicles it represents; of TOTAL lubricants; and of Clark, Komatsu, Bomag, and Ausa construction machinery. In addition, Automaq provides repair/maintenance and post-sale services for the machinery, tools, and vehicles it represents. Automaq currently has 11 outlets where it operates warehouses, sales offices, and some repair and maintenance workshops. Five of these outlets primarily cater to the agribusiness segment (agricultural machinery and tools). The company plans to open at least two additional outlets over the next two years to adequately leverage the potential of the agribusiness segment. Over the past five years, Automaq has bet heavily on the agricultural sector as Paraguay’s main driver of economic growth. Consequently, it has had to expand and upgrade its customer-care, sales, and post-sales outlets in the country’s main agricultural production centers. IDB Invest Automotores y Maquinaria S.A.E.C.A. (“Automaq”) IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Agribusiness 3780000 3780000 3780000 Automotores y Maquinaria S.A.E.C.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3984A-01 IDB Invest Corporación DESINID, S.A. Corporación DESINID, S.A. IDB Invest IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Manufacturing 450000 450000 450000 Corporación DESINID, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR3829A-02 IDB Invest Ledincor S.A. Ledincor S.A. IDB Invest IDB Invest Domenech Pina, Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Transport 200000 200000 200000 Ledincor S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3893A-02 IDB Invest The project consists of a loan of up to US$2 million to Leasing Total S.A. The purpose of this project is to support Leasing Total’s activities and the growth of its financial leasing portfolio. The IIC loan will enable the company to continue to diversify its sources of medium-term funding and match the term of the loan with the terms of its leasing agreements. The project consists of a loan of up to US$2 million to Leasing Total S.A. The purpose of this project is to support Leasing Total’s activities and the growth of its financial leasing portfolio. The IIC loan will enable the company to continue to diversify its sources of medium-term funding and match the term of the loan with the terms of its leasing agreements. IDB Invest Leasing Total S.A. IDB Invest Reyes Correa,Sandra +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 2000000 2000000 2000000 Leasing Total S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME4022A-01 IDB Invest PROCSA is a group of companies whose core activity is the development, design, construction, and sale of low-income, affordable, and middle-income housing in Mexico. Since its founding 53 years ago, PROCSA has provided housing solutions for more than 15,000 families. The purpose of this IIC operation is to provide PROCSA with financing to acquire land banking for future housing projects to be developed by the Borrowers. PROCSA is a group of companies whose core activity is the development, design, construction, and sale of low-income, affordable, and middle-income housing in Mexico. Since its founding 53 years ago, PROCSA has provided housing solutions for more than 15,000 families. The purpose of this IIC operation is to provide PROCSA with financing to acquire land banking for future housing projects to be developed by the Borrowers. IDB Invest Promotora PROCSA S.A.P.I. de C.V., La Casa Espacio Inmobiliario S.A. de C.V., and Casas PROCSA S.A. de C.V. IDB Invest Vera Fabbri, Pablo Marcelo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Social Infrastructure 3145320 3145320 3145320 Promotora Procsa S.A.P.I. de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3966A-02 IDB Invest With this equity investment denominated in Mexican pesos, the IIC will support VINTE by shoring up its capital structure to facilitate the company’s expected growth in the coming years. It is anticipated that the proceeds of the investment will be used to purchase land for the construction of housing developments in central Mexico, including the states of México, Querétaro, and Hidalgo, as well as Quintana Roo. VINTE develops, promotes, designs, builds, and sells social- and popular-social-interest housing to middle- and middle-upper-income families in a number of Mexican states. VINTE’s subsidiaries are: (i) Promotora de Viviendas Integrales S.A. de C.V., which purchases and develops land for housing developments and sells housing units; (ii) Urbanizaciones Integrales Del Centro S.A. de C.V., which specializes in purchasing and developing land for housing developments, and selling housing units; (iii) Vinte Administración, Diseño y Consultoría S.A. de C.V., a housing property management and marketing company; (iv) Edificaciones e Ingeniería del Centro S.A. de C.V., which carries out the construction of VINTE housing developments and housing units; (v) Conectividad para el Hábitat S.A. de C.V., which provides all types of technology services to VINTE and its customers, and also markets technology services to the families residing in the company’s housing developments; and (vi) Comercializadora de Equipamientos y Mobiliario para la Vivienda S.A. de C.V., which sells household furnishings, major/minor household appliances, and accessories. With support from its subsidiaries, VINTE has to date built 14,290 dwellings in its housing developments under its “G7 Hábitat” concept. The company has also won six national housing awards and signed strategic agreements with a number of leading technology companies to promote the use of technology in social-interest housing. In October 2009, the company received Mexico’s National Housing Award (2008) for “best project implementation,” as well as a special award in the “sustainable housing development” category. In October 2010, VINTE once again received the National Housing Award (2009) in the “sustainable housing development” category. In June 2012, VINTE won the G20 Challenge on Inclusive Business Innovation and was nominated for the Financial Times/International Finance Corporation’s Sustainable Investment of the Year award. With this equity investment denominated in Mexican pesos, the IIC will support VINTE by shoring up its capital structure to facilitate the company’s expected growth in the coming years. It is anticipated that the proceeds of the investment will be used to purchase land for the construction of housing developments in central Mexico, including the states of México, Querétaro, and Hidalgo, as well as Quintana Roo. VINTE develops, promotes, designs, builds, and sells social- and popular-social-interest housing to middle- and middle-upper-income families in a number of Mexican states. VINTE’s subsidiaries are: (i) Promotora de Viviendas Integrales S.A. de C.V., which purchases and develops land for housing developments and sells housing units; (ii) Urbanizaciones Integrales Del Centro S.A. de C.V., which specializes in purchasing and developing land for housing developments, and selling housing units; (iii) Vinte Administración, Diseño y Consultoría S.A. de C.V., a housing property management and marketing company; (iv) Edificaciones e Ingeniería del Centro S.A. de C.V., which carries out the construction of VINTE housing developments and housing units; (v) Conectividad para el Hábitat S.A. de C.V., which provides all types of technology services to VINTE and its customers, and also markets technology services to the families residing in the company’s housing developments; and (vi) Comercializadora de Equipamientos y Mobiliario para la Vivienda S.A. de C.V., which sells household furnishings, major/minor household appliances, and accessories. With support from its subsidiaries, VINTE has to date built 14,290 dwellings in its housing developments under its “G7 Hábitat” concept. The company has also won six national housing awards and signed strategic agreements with a number of leading technology companies to promote the use of technology in social-interest housing. In October 2009, the company received Mexico’s National Housing Award (2008) for “best project implementation,” as well as a special award in the “sustainable housing development” category. In October 2010, VINTE once again received the National Housing Award (2009) in the “sustainable housing development” category. In June 2012, VINTE won the G20 Challenge on Inclusive Business Innovation and was nominated for the Financial Times/International Finance Corporation’s Sustainable Investment of the Year award. IDB Invest Vinte Viviendas Integrales S.A.P.I. de C.V. and its subsidiaries (“VINTE”) IDB Invest Vera Fabbri, Pablo Marcelo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Social Infrastructure 4117450 4117450 4117450 VINTE Viviendas Integrales SAPI de CV Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME4055A-01 IDB Invest The proceeds of the IIC loan will be used to finance the following: (1) preparation of land for growing berries, (2) procurement of machinery and equipment, and (3) working capital. Berries Paradise is a Mexican company that grows, harvests, packs, and sells berries, mainly blackberries, raspberries, and blueberries. Headquartered in Guadalajara, Jalisco, it grows its fruit in the states of Jalisco, Colima, and Michoacán, cultivating approximately 500 hectares of farmland. The proceeds of the IIC loan will be used to finance the following: (1) preparation of land for growing berries, (2) procurement of machinery and equipment, and (3) working capital. Berries Paradise is a Mexican company that grows, harvests, packs, and sells berries, mainly blackberries, raspberries, and blueberries. Headquartered in Guadalajara, Jalisco, it grows its fruit in the states of Jalisco, Colima, and Michoacán, cultivating approximately 500 hectares of farmland. IDB Invest Berries Paradise S.A.P.I. de C.V. (“Berries Paradise”) IDB Invest Lesme Romero, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 3000000 3000000 3000000 Berries Paradise S.A.P.I. de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME4016A-01 IDB Invest Adobe Social Mezzanine Fund I Limited Partnership (“Adobe” or the “Fund”) supports the growth of sustainable (from a financial, social and environmental perspective) SMEs which have adopted innovative business models focused on commercializing environmentally friendly products and/or alleviating poverty by serving underprivileged segments of the population. The Fund targets a number of different sectors that provide products and services to the base-of-the-pyramid, as well as agribusiness, water, recycling and waste management, clean tech and clean energy, and ecotourism. As of October 2013, Adobe has already made one investment, and has commitments from investors for US$15.9 million. The Fund’s final closing is expected to reach US$20 million by early 2014. The Fund will invest in 8-10 Mexican SMEs by providing flexible financing solutions through quasi-equity, equity and debt that will be used for working capital, purchase of long-term assets, company expansions, and acquisitions. The Fund will work closely with target SMEs to identify their real needs and offer creative financial structures which (i) properly align incentives; (ii) adequately support the growth of social enterprises; and, (iii) maximize their profitability and probability of success to continue pursuing their social missions. The Fund leverages New Venture Mexico’s (“NVM”) existing technical assistance platform which has supported more than 200 sustainable SMEs since 2004. The Fund’s access to the NVM business accelerator, mentor network, institutional third-party relationships and deep local industry knowledge provides it with a competitive advantage in identifying the most promising SMEs within the social impact segment in Mexico, while helping reduce the Fund’s costs. The IIC’s participation in the Fund, for up to US$2.5 million, is expected to play an important role in providing Adobe with a direct link with the IDB Group. This would give the Fund access to: technical assistance programs, key sector regional experience and network, potential additional sources of financing for co-investments or follow-on investments in the Fund’s portfolio companies, and access to best practices in corporate governance and environmental and social standards. Other investors in the Fund include: DEG, Mexico Ventures, CAF, and other institutional investors. Adobe Social Mezzanine Fund I Limited Partnership (“Adobe” or the “Fund”) supports the growth of sustainable (from a financial, social and environmental perspective) SMEs which have adopted innovative business models focused on commercializing environmentally friendly products and/or alleviating poverty by serving underprivileged segments of the population. The Fund targets a number of different sectors that provide products and services to the base-of-the-pyramid, as well as agribusiness, water, recycling and waste management, clean tech and clean energy, and ecotourism. As of October 2013, Adobe has already made one investment, and has commitments from investors for US$15.9 million. The Fund’s final closing is expected to reach US$20 million by early 2014. The Fund will invest in 8-10 Mexican SMEs by providing flexible financing solutions through quasi-equity, equity and debt that will be used for working capital, purchase of long-term assets, company expansions, and acquisitions. The Fund will work closely with target SMEs to identify their real needs and offer creative financial structures which (i) properly align incentives; (ii) adequately support the growth of social enterprises; and, (iii) maximize their profitability and probability of success to continue pursuing their social missions. The Fund leverages New Venture Mexico’s (“NVM”) existing technical assistance platform which has supported more than 200 sustainable SMEs since 2004. The Fund’s access to the NVM business accelerator, mentor network, institutional third-party relationships and deep local industry knowledge provides it with a competitive advantage in identifying the most promising SMEs within the social impact segment in Mexico, while helping reduce the Fund’s costs. The IIC’s participation in the Fund, for up to US$2.5 million, is expected to play an important role in providing Adobe with a direct link with the IDB Group. This would give the Fund access to: technical assistance programs, key sector regional experience and network, potential additional sources of financing for co-investments or follow-on investments in the Fund’s portfolio companies, and access to best practices in corporate governance and environmental and social standards. Other investors in the Fund include: DEG, Mexico Ventures, CAF, and other institutional investors. IDB Invest Adobe Social Mezzanine Fund I L P (Investee) IDB Invest Gutierrez Gutierrez, Martha Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 1250000 1250000 1250000 Adobe Social Mezzanine Fund I Limited Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3848A-02 IDB Invest Cukra is a company that warehouses peanuts for processing, sale, and export. The company also provides support services and inputs to approximately 30 independent peanut producers. In exchange, these producers guarantee the delivery of peanuts that meet the company’s uniform quality standards, which meet the rigorous demands of the international market. While the company’s main export is high-quality shelled peanuts (maní oro), it also has roasting facilities where it produces small quantities of processed peanuts for direct consumption. Cukra is the country’s second largest peanut warehouser and exporter. Its main markets are Mexico, Canada, Europe, and Central America. The IIC loan of up to US$2.5 million would be used to finance the company’s working capital needs, namely advance payments to its producers for the processing and sale of peanuts for export. Cukra is a company that warehouses peanuts for processing, sale, and export. The company also provides support services and inputs to approximately 30 independent peanut producers. In exchange, these producers guarantee the delivery of peanuts that meet the company’s uniform quality standards, which meet the rigorous demands of the international market. While the company’s main export is high-quality shelled peanuts (maní oro), it also has roasting facilities where it produces small quantities of processed peanuts for direct consumption. Cukra is the country’s second largest peanut warehouser and exporter. Its main markets are Mexico, Canada, Europe, and Central America. The IIC loan of up to US$2.5 million would be used to finance the company’s working capital needs, namely advance payments to its producers for the processing and sale of peanuts for export. IDB Invest Cukra Industrial S.A. (“Cukra”) IDB Invest Vera Fabbri, Pablo Marcelo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Agribusiness 6250000 6250000 6250000 Cukra Industrial, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3868A-02 IDB Invest The project entails: (i) boosting the existing cogeneration plant’s rated capacity to approximately 50 megawatts (MW); (ii) providing for the electrification of certain sugar production processes, such as grinding machines and turbine generators; and (iii) providing necessary infrastructure, including that used in the transport of bagasse as well as the requisite steam, water, and electrical systems. The estimated cost of the project is US$49 million. The IIC financing would consist of a loan of up to US$8 million. This renewable energy project, fueled by sugarcane bagasse, would benefit from laws and regulations enacted by Ecuador’s government aimed at encouraging private-sector investment in clean energy generation. The project would not only result in significant advantages for SAISC, in terms of savings and income diversification not tied to the price of sugar, but also benefit Ecuador’s electric power sector. Once the project enters the operational phase, SAISC estimates it will be in a position to generate and sell as much as 130 million kilowatt hours of energy annually to third parties. Founded in 1937, SAISC is an integrated sugar producer. It has a cogeneration plant and also produces and sells molasses and alcohol. SAISC controls approximately a third of Ecuador’s sugar market. This would be the IIC’s second operation with SAISC. In 2010, the IIC approved and disbursed a loan of US$7 million to the company, which SAISC used to invest in fixed assets aimed at improving the efficiency of its processes and maintaining competitive production costs. The project entails: (i) boosting the existing cogeneration plant’s rated capacity to approximately 50 megawatts (MW); (ii) providing for the electrification of certain sugar production processes, such as grinding machines and turbine generators; and (iii) providing necessary infrastructure, including that used in the transport of bagasse as well as the requisite steam, water, and electrical systems. The estimated cost of the project is US$49 million. The IIC financing would consist of a loan of up to US$8 million. This renewable energy project, fueled by sugarcane bagasse, would benefit from laws and regulations enacted by Ecuador’s government aimed at encouraging private-sector investment in clean energy generation. The project would not only result in significant advantages for SAISC, in terms of savings and income diversification not tied to the price of sugar, but also benefit Ecuador’s electric power sector. Once the project enters the operational phase, SAISC estimates it will be in a position to generate and sell as much as 130 million kilowatt hours of energy annually to third parties. Founded in 1937, SAISC is an integrated sugar producer. It has a cogeneration plant and also produces and sells molasses and alcohol. SAISC controls approximately a third of Ecuador’s sugar market. This would be the IIC’s second operation with SAISC. In 2010, the IIC approved and disbursed a loan of US$7 million to the company, which SAISC used to invest in fixed assets aimed at improving the efficiency of its processes and maintaining competitive production costs. IDB Invest Sociedad Agrícola e Industrial San Carlos S.A. (“SAISC”) IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Agribusiness 8000000 8000000 8000000 Sociedad Agricola e Industrial San Carlos S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR4003A-01 IDB Invest The objective of the proposed loan is to support the lending activities of Coopenae by providing a long-term loan to be used to finance small and medium-size enterprises in Costa Rica. Coopenae is the largest cooperative in Costa Rica, focused primarily on consumer lending, housing, and loans to SMEs. As of June 30, 2014, Coopenae had more than 90,000 members. The IIC’s loan to Coopenae will be carried out in collaboration with the Structured Corporate Finance Group of the IDB, which is providing a long-term loan to fund Coopenae’s activities in housing finance (more information here). The objective of the proposed loan is to support the lending activities of Coopenae by providing a long-term loan to be used to finance small and medium-size enterprises in Costa Rica. Coopenae is the largest cooperative in Costa Rica, focused primarily on consumer lending, housing, and loans to SMEs. As of June 30, 2014, Coopenae had more than 90,000 members. The IIC’s loan to Coopenae will be carried out in collaboration with the Structured Corporate Finance Group of the IDB, which is providing a long-term loan to fund Coopenae’s activities in housing finance (more information here). IDB Invest Cooperativa Nacional de Educadores, R.L. (“Coopenae”) IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 5000000 5000000 5000000 Cooperativa Nacional de Educadores, R.L. (COOPENAE, R.L.) Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3838A-02 IDB Invest The purpose of this IIC operation is to increase financing to Casa Pellas for permanent working capital. Casa Pellas, a distributor, was established in Nicaragua in 1913. Casa Pellas has been distributing Toyota vehicles since 1963. It has the infrastructure for selling parts and has auto service shops for servicing the vehicles it sells. Over the years, the company has diversified by adding machinery, industrial equipment, and other well-known vehicle makes such as Hino trucks and Suzuki. Since late 2012, Casa Pellas began efforts to boost growth primarily in the food, consumer goods, and food services distribution segments. The first IIC operation focused not only on growing the company, but on supplementing the financing of its operations, given the international financial crisis prevailing at the time. The reason for the proposed increase in the current loan is that Casa Pellas will be intensifying its retail goods distribution business in the food, consumer goods, and food services throughout most of the country. These segments are expected to account for most of the growth of the distribution division over the next three years, through more and better coverage in areas both inside and outside greater Managua, the country’s capital. The purpose of this IIC operation is to increase financing to Casa Pellas for permanent working capital. Casa Pellas, a distributor, was established in Nicaragua in 1913. Casa Pellas has been distributing Toyota vehicles since 1963. It has the infrastructure for selling parts and has auto service shops for servicing the vehicles it sells. Over the years, the company has diversified by adding machinery, industrial equipment, and other well-known vehicle makes such as Hino trucks and Suzuki. Since late 2012, Casa Pellas began efforts to boost growth primarily in the food, consumer goods, and food services distribution segments. The first IIC operation focused not only on growing the company, but on supplementing the financing of its operations, given the international financial crisis prevailing at the time. The reason for the proposed increase in the current loan is that Casa Pellas will be intensifying its retail goods distribution business in the food, consumer goods, and food services throughout most of the country. These segments are expected to account for most of the growth of the distribution division over the next three years, through more and better coverage in areas both inside and outside greater Managua, the country’s capital. IDB Invest Casa Pellas S.A. IDB Invest Fonseca, Juan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Manufacturing 2000000 2000000 2000000 Casa Pellas, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3953A-02 IDB Invest The IIC Loan will be used to bolster BCR capital and to finance Costa Rican SMEs through subloans for up to US$500,000. In 1948, the Founding Junta of Costa Rica’s Second Republic nationalized the entire banking system, including BCR, which became an autonomous institution under Articles 188 and 189 of the country’s Constitution, according to which state-owned banks are independent public-law agencies with separate legal status and administrative autonomy. Since its founding, BCR has engaged in activities in which it has a clear competitive advantage, which has enabled it to develop excellent quality products and services, generate the necessary profit to remain sound, enhance its reliability, and help drive the country’s sustainable development. In recent years, BCR has also taken steps to modernize and innovate its services and customer care operations, with a view to achieving greater levels of responsiveness and convenience through the use and implementation of modern technology. The IIC Loan will be used to bolster BCR capital and to finance Costa Rican SMEs through subloans for up to US$500,000. In 1948, the Founding Junta of Costa Rica’s Second Republic nationalized the entire banking system, including BCR, which became an autonomous institution under Articles 188 and 189 of the country’s Constitution, according to which state-owned banks are independent public-law agencies with separate legal status and administrative autonomy. Since its founding, BCR has engaged in activities in which it has a clear competitive advantage, which has enabled it to develop excellent quality products and services, generate the necessary profit to remain sound, enhance its reliability, and help drive the country’s sustainable development. In recent years, BCR has also taken steps to modernize and innovate its services and customer care operations, with a view to achieving greater levels of responsiveness and convenience through the use and implementation of modern technology. IDB Invest Banco de Costa Rica (“BCR”) IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 10000000 10000000 10000000 Banco de Costa Rica Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE3956A-01 IDB Invest Scope and Objective of the Project and IIC’s Participation: Penta Tanks is a company that develops and operates specialized terminals for receiving and dispatching liquid cargo. The company’s first terminal is located in a dock some 4 km outside Paita. There, Penta Tanks provides ethanol loading/unloading, storage, and shipping services under an exclusive 20-year export contract with “Maple Etanol S.R.L. (“Maple Etanol”). Maple Etanol’s daily production capacity is approximately 400,000 liters, most of which Penta Tanks is expected to export through its terminal facilities. The objective of this IIC operation is to provide financing to Penta Tanks that will enable it to refinance a portion of the funding that was advanced by the developers company’s debt, provided in advance by the sponsor for the construction and commissioning of the terminal, which began operating in June 2012. The total cost of the project, including sales tax (Impuesto General a las Ventas – IGV), is expected to be US$13,403,279. The IIC’s exposure would be up to $3,750,000, which would be provided through a joint credit facility with the Corporación Interamericana para el Financiamiento de Infraestructura S.A., totaling up to US$8 million. The sponsor, AIH, is a Peruvian business group with over 40 years’ experience in the port and logistics industry. The group encompasses 16 companies specializing in three main business lines: port and airport infrastructure, maritime services, and logistic services. The group’s main companies have maintained leading positions in their respective markets. Scope and Objective of the Project and IIC’s Participation: Penta Tanks is a company that develops and operates specialized terminals for receiving and dispatching liquid cargo. The company’s first terminal is located in a dock some 4 km outside Paita. There, Penta Tanks provides ethanol loading/unloading, storage, and shipping services under an exclusive 20-year export contract with “Maple Etanol S.R.L. (“Maple Etanol”). Maple Etanol’s daily production capacity is approximately 400,000 liters, most of which Penta Tanks is expected to export through its terminal facilities. The objective of this IIC operation is to provide financing to Penta Tanks that will enable it to refinance a portion of the funding that was advanced by the developers company’s debt, provided in advance by the sponsor for the construction and commissioning of the terminal, which began operating in June 2012. The total cost of the project, including sales tax (Impuesto General a las Ventas – IGV), is expected to be US$13,403,279. The IIC’s exposure would be up to $3,750,000, which would be provided through a joint credit facility with the Corporación Interamericana para el Financiamiento de Infraestructura S.A., totaling up to US$8 million. The sponsor, AIH, is a Peruvian business group with over 40 years’ experience in the port and logistics industry. The group encompasses 16 companies specializing in three main business lines: port and airport infrastructure, maritime services, and logistic services. The group’s main companies have maintained leading positions in their respective markets. IDB Invest Penta Tanks Terminals S.A. (“Penta Tanks”) IDB Invest De Narvaez,Olga Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Transport 3500000 3500000 3500000 Penta Tanks Terminals S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR3857A-01 IDB Invest 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. IDB Invest Fingano S.A. and Vengano S.A. (Carapé) IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Energy 5000000 5000000 5000000 Fingano S.A. and Vengano S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3903A-01 IDB Invest The IIC loan will be used to refinance the acquisition of the tuna vessel “Cabo Marzo”, which has a capacity of 1,200 metric tons; to renovate and modernize the vessel; and to purchase and transfer the relevant international fishing license or quota. Ideal is an Ecuadorian family-owned company based in Montecristi, close to Manta. It was established in 1973 and has a long national and international history in the tuna fishing and processing industry, as well as in tuna canning and other areas. The IIC loan will be used to refinance the acquisition of the tuna vessel “Cabo Marzo”, which has a capacity of 1,200 metric tons; to renovate and modernize the vessel; and to purchase and transfer the relevant international fishing license or quota. Ideal is an Ecuadorian family-owned company based in Montecristi, close to Manta. It was established in 1973 and has a long national and international history in the tuna fishing and processing industry, as well as in tuna canning and other areas. IDB Invest Industria de Enlatados Alimenticios Cía. Ltda. (“Ideal”) IDB Invest Huertas Corcelles,Aniceto +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Agribusiness 3000000 3000000 3000000 Industria de Enlatados Alimenticios Cia. Ltda. IDEAL Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR3846A-01 IDB Invest Irisur S.A. Irisur S.A. IDB Invest IDB Invest Gonzalez, Ignacio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Manufacturing 350000 350000 350000 Irisur S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME3783A-02 IDB Invest The proceeds from the IIC loan will be used to refinance short-term liabilities in order to strengthen the structure of IGP’s balance sheet. IGP is a Mexican company that grows greenhouse produce for export, mainly to the United States. Its production can be broken down as follows: tomatoes (62%), European seedless cucumbers (26%), and chiles and peppers (12%). The proceeds from the IIC loan will be used to refinance short-term liabilities in order to strengthen the structure of IGP’s balance sheet. IGP is a Mexican company that grows greenhouse produce for export, mainly to the United States. Its production can be broken down as follows: tomatoes (62%), European seedless cucumbers (26%), and chiles and peppers (12%). IDB Invest Internacional Greenhouse Produce S.A. de C.V. (“IGP”) IDB Invest Martinez Gama, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 6000000 6000000 6000000 International Greenhouse Produce, S.A. de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH3742A-03 IDB Invest The project consists of a long-term IIC loan of up to US$30 million to Banco BICE. The proceeds of the loan will be used to meet the financing needs of Banco BICE customers operating in a variety of sectors of the economy, including agriculture, agro-industry, manufacturing, construction, and services. Banco BICE is a medium-sized all-purpose bank based in Santiago, Chile. It offers commercial and retail banking products to individuals and companies. The project consists of a long-term IIC loan of up to US$30 million to Banco BICE. The proceeds of the loan will be used to meet the financing needs of Banco BICE customers operating in a variety of sectors of the economy, including agriculture, agro-industry, manufacturing, construction, and services. Banco BICE is a medium-sized all-purpose bank based in Santiago, Chile. It offers commercial and retail banking products to individuals and companies. IDB Invest Banco BICE IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 30000000 30000000 30000000 Banco BICE S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO3643A-01 IDB Invest Bomec Ltda. Bomec Ltda. IDB Invest IDB Invest Gonzalez Darriulat, Ignacio Jose +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Social Infrastructure 160000 160000 160000 Bomec Ltda. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR4023A-01 IDB Invest Chaso del Valle Chaso del Valle IDB Invest IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Manufacturing 115000 115000 115000 Chaso del Valle Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3910A-03 IDB Invest The purpose of this IIC operation is to provide Banco Davivienda Costa Rica with financing to support small and medium-sized enterprises (SMEs) in Costa Rica through medium- and long-term loans for their modernization and/or expansion, or through short-term working capital loans, pursuant to eligibility requirements to be established by the IIC. Banco Davivienda Costa Rica was established in the early 1980s under the name of Banex. From its founding up to the present day, partnerships, mergers, and operations have helped consolidate the bank’s market position and standing. The purpose of this IIC operation is to provide Banco Davivienda Costa Rica with financing to support small and medium-sized enterprises (SMEs) in Costa Rica through medium- and long-term loans for their modernization and/or expansion, or through short-term working capital loans, pursuant to eligibility requirements to be established by the IIC. Banco Davivienda Costa Rica was established in the early 1980s under the name of Banex. From its founding up to the present day, partnerships, mergers, and operations have helped consolidate the bank’s market position and standing. IDB Invest Banco Davivienda Costa Rica IDB Invest Rincon, Margarita Adriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 15000000 15000000 15000000 Banco Davivienda (Costa Rica), S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3814A-03 IDB Invest Kola Shaler Industrial, S.A. Kola Shaler Industrial, S.A. IDB Invest IDB Invest Mayorga Delgadillo,Luisa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Manufacturing 450000 450000 450000 Kola Shaler Industrial, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME4080A-01 IDB Invest The proceeds of the IIC loan will be used to purchase land for the construction of a housing development project in Mexico and for the initial construction of utilities infrastructure for this development. Residential Atlas is a company that develops middle-income housing projects in Mexico. It was established in 2002 in Torreón, Coahuila, in northern Mexico, and is currently developing 18 projects in the states of Querétaro, Aguascalientes, Nuevo León, Baja California Sur, Coahuila, and Chihuahua. The proceeds of the IIC loan will be used to purchase land for the construction of a housing development project in Mexico and for the initial construction of utilities infrastructure for this development. Residential Atlas is a company that develops middle-income housing projects in Mexico. It was established in 2002 in Torreón, Coahuila, in northern Mexico, and is currently developing 18 projects in the states of Querétaro, Aguascalientes, Nuevo León, Baja California Sur, Coahuila, and Chihuahua. IDB Invest Residencial Atlas S. de R.L. de C.V. (“Residencial Atlas”) IDB Invest Vera Fabbri, Pablo Marcelo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Social Infrastructure 3474910 3474910 3474910 Residencial Atlas, S. de R.L. de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR3878A-01 IDB Invest MACHIN CLADERA MACHIN CLADERA IDB Invest IDB Invest Gonzalez, Ignacio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Agribusiness 130000 130000 130000 MACHIN CLADERA Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3892A-01 IDB Invest The project entails investing in Telconet’s and other related enterprises’ fixed assets in 2015, with an estimated cost of US$60 million. The objective of these investments is to increase the broadband capacity in the domestic market and international connections, expand value-added products, and develop special projects for government and private sector enterprises. The main components of the project include purchasing and laying fiber optic cables in Ecuador, investing in new submarine cable through the Pacific Cable Communications Systems consortium, purchasing electronic equipment, setting up support infrastructure (including new offices), investing in a fiber optic cable production plant, and investing in special projects with national and regional government agencies and the private sector. Telconet (www.telconet.ec) is a telecommunications service provider in Ecuador; its services include fiber optic broadband, dedicated internet access, dedicated point-to-point data transmission, and value-added services such as data storage and processing (e.g. cloud computing). Telconet is headquartered in Guayaquil and was established in 1995 as a company providing internet services and selling data transmission services. With this loan, the IIC will be supporting telecommunications both within Ecuador and between Ecuador and other countries via a new international connection using the latest fiber optics technology. This will facilitate the expansion of productive sectors, trade, education, technology, and innovation. This project will increase internet penetration in households, universities, and small, medium-sized, and large enterprises; raise information transmission capacity; and provide access to more applications, information, and uses of information technology. The project entails investing in Telconet’s and other related enterprises’ fixed assets in 2015, with an estimated cost of US$60 million. The objective of these investments is to increase the broadband capacity in the domestic market and international connections, expand value-added products, and develop special projects for government and private sector enterprises. The main components of the project include purchasing and laying fiber optic cables in Ecuador, investing in new submarine cable through the Pacific Cable Communications Systems consortium, purchasing electronic equipment, setting up support infrastructure (including new offices), investing in a fiber optic cable production plant, and investing in special projects with national and regional government agencies and the private sector. Telconet (www.telconet.ec) is a telecommunications service provider in Ecuador; its services include fiber optic broadband, dedicated internet access, dedicated point-to-point data transmission, and value-added services such as data storage and processing (e.g. cloud computing). Telconet is headquartered in Guayaquil and was established in 1995 as a company providing internet services and selling data transmission services. With this loan, the IIC will be supporting telecommunications both within Ecuador and between Ecuador and other countries via a new international connection using the latest fiber optics technology. This will facilitate the expansion of productive sectors, trade, education, technology, and innovation. This project will increase internet penetration in households, universities, and small, medium-sized, and large enterprises; raise information transmission capacity; and provide access to more applications, information, and uses of information technology. IDB Invest Telconet S.A. IDB Invest Rojas Cuellar, Lina Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Digital Economy 6000000 6000000 6000000 Telconet S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG3883A-01 IDB Invest The Inter-American Investment Corporation (IIC) will make an equity investment of US$1,000,000 in the IOF, a Latin America and Caribbean-focused Social Impact Investment Fund in partnership with the Calvert Foundation, a US financial intermediary that enables individuals and institutions to invest for social good. Founded in 1988 with a mission to use investment capital to end poverty, CF offers a range of financial products and services that funds social impact projects while receiving a financial return. The Facility has a target size of US$ 20,000,000 and will be managed by a wholly-owned subsidiary of the Calvert Foundation. The Facility is expected to provide debt financing to Latin America and Caribbean SMEs focusing on financial, social and environmental impact results. The IDB Group (IIC, MIF, OMJ) will source, structure, and provide a pipeline of projects to the IOF. Apart from their equity investment in the Facility, CF will provide a loan to the Facility, raised from the CF investor base. Loan payments from social impact companies will be used to pay the Facility expenses, repay the Calvert Foundation loan to the Facility, and to make distributions to the equity holders. The Inter-American Investment Corporation (IIC) will make an equity investment of US$1,000,000 in the IOF, a Latin America and Caribbean-focused Social Impact Investment Fund in partnership with the Calvert Foundation, a US financial intermediary that enables individuals and institutions to invest for social good. Founded in 1988 with a mission to use investment capital to end poverty, CF offers a range of financial products and services that funds social impact projects while receiving a financial return. The Facility has a target size of US$ 20,000,000 and will be managed by a wholly-owned subsidiary of the Calvert Foundation. The Facility is expected to provide debt financing to Latin America and Caribbean SMEs focusing on financial, social and environmental impact results. The IDB Group (IIC, MIF, OMJ) will source, structure, and provide a pipeline of projects to the IOF. Apart from their equity investment in the Facility, CF will provide a loan to the Facility, raised from the CF investor base. Loan payments from social impact companies will be used to pay the Facility expenses, repay the Calvert Foundation loan to the Facility, and to make distributions to the equity holders. IDB Invest Investee: The Inter American Opportunity Facility (“IOF”) or (“The Facility") IDB Invest Parodi Serpa, Alberto Enrique +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 1000000 1000000 1000000 Inter-American Opportunity Facility LP Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC3874A-02 IDB Invest 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. IDB Invest Genser Power Inc. Sucursal Ecuador (“GP”) IDB Invest Secco Viana, Juan Cruz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Energy 2000000 2000000 2000000 Genser Power Inc., Sucursal Ecuador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME4100A-01 IDB Invest Progresemos S.A. de C.V., SOFOM, ENR Progresemos S.A. de C.V., SOFOM, ENR IDB Invest IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 2868910 2868910 2868910 Progresemos S.A. de C.V., SOFOM, ENR Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME4091A-01 IDB Invest The objective of the loan is to support the expansion of Ecoblock International’s new home construction and home improvement projects aimed at low-income families in Mexico. The cost of the project is estimated to be US$1 million (or its equivalent in Mexican pesos). Ecoblock International is a Mexican company that provides housing solutions for low-income families in the central and southern parts of Mexico under a program called “Échale a tu casa,” known in the market as “Échale.” Échale operates with an innovative business model that offers technical training to communities and involves families in the design and construction of the homes. The company also provides families with financial education and helps them gain access to financing for new homes and to subsidies from government agencies such as the Comisión Nacional de Vivienda (national housing commission, CONAVI). As part of its construction process, the company uses sustainable materials—such as adobe produced with local earth that is both highly thermally efficient and more affordable. Since its founding in 1997, Échale has built more than 30,000 new housing units and improved more than 150,000 homes. In doing so, it has received recognition from a number of organizations for its innovative and socially-responsible model. For example, in 2013, Échale won the “Best for the World” award from B-Corporation, and in 2014 Forbes named it one of its “10 Companies Considered ‘Best for the World.’” In 2015, it won the “Ventures Mexico” competition recognizing the country’s best social entrepreneurs. The IIC’s loan will support Échale as it expands its production units from eight to twelve. With that expansion, it expects to reach more than 8,000 additional low-income families over the next five years thanks to partial financing of the necessary fixed asset and working capital investment. The objective of the loan is to support the expansion of Ecoblock International’s new home construction and home improvement projects aimed at low-income families in Mexico. The cost of the project is estimated to be US$1 million (or its equivalent in Mexican pesos). Ecoblock International is a Mexican company that provides housing solutions for low-income families in the central and southern parts of Mexico under a program called “Échale a tu casa,” known in the market as “Échale.” Échale operates with an innovative business model that offers technical training to communities and involves families in the design and construction of the homes. The company also provides families with financial education and helps them gain access to financing for new homes and to subsidies from government agencies such as the Comisión Nacional de Vivienda (national housing commission, CONAVI). As part of its construction process, the company uses sustainable materials—such as adobe produced with local earth that is both highly thermally efficient and more affordable. Since its founding in 1997, Échale has built more than 30,000 new housing units and improved more than 150,000 homes. In doing so, it has received recognition from a number of organizations for its innovative and socially-responsible model. For example, in 2013, Échale won the “Best for the World” award from B-Corporation, and in 2014 Forbes named it one of its “10 Companies Considered ‘Best for the World.’” In 2015, it won the “Ventures Mexico” competition recognizing the country’s best social entrepreneurs. The IIC’s loan will support Échale as it expands its production units from eight to twelve. With that expansion, it expects to reach more than 8,000 additional low-income families over the next five years thanks to partial financing of the necessary fixed asset and working capital investment. IDB Invest Ecoblock International, S.A. de C.V. SOFOM ENR (“Échale”) IDB Invest Vera Fabbri, Pablo Marcelo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Social Infrastructure 834744 834744 834744 Ecoblock International, S.A. de C.V., SOFOM ENR Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR-L1064 IDB Invest 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. 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. IDB Invest IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR-L1068 IDB Invest 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. 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. IDB Invest IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR-L1069 IDB Invest 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. 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. IDB Invest IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR-L1073 IDB Invest 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. 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. IDB Invest IDB Invest Perez Salmeron, Ana Julia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Social Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR-L1074 IDB Invest 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. 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. IDB Invest IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR-L1030 IDB Invest 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. 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. IDB Invest IDB Invest Biosca, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Transport Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR0133 IDB Invest 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. 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. IDB Invest IDB Invest Rakowszczyk, Carlos Ruben +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC-L1005 IDB Invest 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. 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. IDB Invest IDB Invest Pied, Lucie Juanita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Transport Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC-L1063 IDB Invest 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. 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. IDB Invest IDB Invest Lopez Coronado, Gustavo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC-L1082 IDB Invest 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. 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. IDB Invest IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC-L1102 IDB Invest 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. 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. IDB Invest IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC-L1104 IDB Invest 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. 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. IDB Invest IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC-L1127 IDB Invest 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. 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. IDB Invest IDB Invest Rakowszczyk, Carlos Ruben +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC-L1137 IDB Invest 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. 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. IDB Invest IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC-L1138 IDB Invest 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. 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. IDB Invest IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC-L1139 IDB Invest 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. 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. IDB Invest IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC-L1148 IDB Invest 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. 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. IDB Invest IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES-L1038 IDB Invest 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. 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. IDB Invest IDB Invest Espinoza Diaz, Jose Alejandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES-L1072 IDB Invest 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. 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. IDB Invest IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES-L1074 IDB Invest 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. 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. IDB Invest IDB Invest Perez Salmeron, Ana Julia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES-L1087 IDB Invest 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. 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. IDB Invest IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI-L1065 IDB Invest 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. 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. IDB Invest IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Social Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI-L1072 IDB Invest 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. 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. IDB Invest IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Social Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI-L1075 IDB Invest 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. 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. IDB Invest IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE-L1016 IDB Invest 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. 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. IDB Invest IDB Invest Reyes, Nicolas A. +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE-L1102 IDB Invest 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. 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. IDB Invest IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Social Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE-L1120 IDB Invest 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. 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. IDB Invest IDB Invest Lopez Coronado, Gustavo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Social Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE-L1141 IDB Invest 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. 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. IDB Invest IDB Invest Lopez Coronado, Gustavo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Social Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN-L1032 IDB Invest 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. 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. IDB Invest IDB Invest Biosca, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Transport Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN-L1084 IDB Invest 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. 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. IDB Invest IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR-L1040 IDB Invest 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. 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. IDB Invest IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR-L1054 IDB Invest 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. 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. IDB Invest IDB Invest Lopez Coronado, Gustavo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Manufacturing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR-L1068 IDB Invest 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. 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. IDB Invest IDB Invest Rojas Cuellar, Lina Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Agribusiness Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR-L1071 IDB Invest 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. 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. IDB Invest IDB Invest de Paiva Ferraz, Joao Victor +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Agribusiness Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR-L1072 IDB Invest 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. 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. IDB Invest IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Agribusiness Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR-L1073 IDB Invest 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. 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. IDB Invest IDB Invest Lesme Romero, Hernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR-L1074 IDB Invest 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. 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. IDB Invest IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1403 IDB Invest 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. 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. IDB Invest IDB Invest Patti, Lucila Andrea +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH-L1016 IDB Invest 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. 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. IDB Invest IDB Invest Rakowszczyk, Carlos Ruben +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH-L1056 IDB Invest 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. 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. IDB Invest IDB Invest Rivadeneira Arbildua, María Paz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH-L1063 IDB Invest 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. 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. IDB Invest IDB Invest Lopez Coronado, Gustavo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Agribusiness Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH-L1067 IDB Invest 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. 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. IDB Invest AES Gener IDB Invest Donelli, Marcelo Henrique +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH-L1069 IDB Invest 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. 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. IDB Invest IDB Invest Rivadeneira Arbildua, María Paz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH-L1076 IDB Invest 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. 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. IDB Invest IDB Invest Donelli, Marcelo Henrique +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH0167 IDB Invest 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. 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. IDB Invest IDB Invest Reyes, Nicolas A. +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Transport Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH0179 IDB Invest 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. 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. IDB Invest IDB Invest Rivadeneira Arbildua, María Paz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Transport Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO-L1080 IDB Invest 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. 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. IDB Invest IDB Invest Perez, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO-L1081 IDB Invest 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. 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. IDB Invest IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO-L1104 IDB Invest 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. 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. IDB Invest IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR-L1012 IDB Invest 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. 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. IDB Invest IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR-L1056 IDB Invest 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. 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. IDB Invest IDB Invest Giron Rohr, Alexandra +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR-L1061 IDB Invest 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. 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. IDB Invest IDB Invest Rincon, Margarita Adriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR-L1063 IDB Invest 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. 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. IDB Invest IDB Invest Perez Salmeron, Ana Julia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO-L1085 IDB Invest 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. 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. IDB Invest IDB Invest Espinoza Diaz, Jose Alejandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-JA-L1022 IDB Invest 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. 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. IDB Invest IDB Invest Pied, Lucie Juanita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Transport Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME-L1068 IDB Invest 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. 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. IDB Invest IDB Invest Pied, Lucie Juanita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME-L1075 IDB Invest 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. 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. IDB Invest IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME-L1087 IDB Invest 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. 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. IDB Invest IDB Invest Secco Viana, Juan Cruz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME-L1107 IDB Invest Energia Eolica del Sur (EES) Energia Eolica del Sur (EES) IDB Invest IDB Invest Leighton, Robert Bruce +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME-L1110 IDB Invest 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. 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. IDB Invest Etileno IDB Invest Donelli, Marcelo Henrique +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME-L1125 IDB Invest 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. 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. IDB Invest IDB Invest Biosca, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME-L1132 IDB Invest 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. 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. IDB Invest IDB Invest Ochoa Sanfeliz, Maria Eugenia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Social Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME-L1137 IDB Invest 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. 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. IDB Invest IDB Invest Joya Silva, Sindy Elena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Social Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME-L1138 IDB Invest 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. 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. IDB Invest IDB Invest Baltazar Vazquez, Lucia Adriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Social Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME-L1153 IDB Invest 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. 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. IDB Invest IDB Invest Vera Fabbri, Pablo Marcelo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Social Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME-L1173 IDB Invest 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. 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. IDB Invest IDB Invest Ventrell, Catalina Hincapie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Social Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI-L1057 IDB Invest 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. 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. IDB Invest IDB Invest Perez, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR-L1076 IDB Invest 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. 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. IDB Invest IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR-L1078 IDB Invest 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. 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. IDB Invest IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR-L1079 IDB Invest 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. 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. IDB Invest IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR-L1087 IDB Invest 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. 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. IDB Invest IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG-L1004 IDB Invest 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. 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. IDB Invest IDB Invest Gutierrez Gutierrez, Martha Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG-L1017 IDB Invest 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. 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. IDB Invest IDB Invest Gutierrez Gutierrez, Martha Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG-L1021 IDB Invest 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. 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. IDB Invest IDB Invest Giacalone, Catia M. +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG-L1027 IDB Invest 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. 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. IDB Invest IDB Invest +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR-L1086 IDB Invest 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. 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. IDB Invest IDB Invest Diaz Gomez, Anahi +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR-L1092 IDB Invest 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. 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. IDB Invest N/A IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG-L1051 IDB Invest 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. 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. IDB Invest IDB Invest Rojas Cuellar, Lina Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG-L1030 IDB Invest 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. 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. IDB Invest IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR-L1086 IDB Invest 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. 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. IDB Invest IDB Invest Biosca, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Agribusiness Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR-L1089 IDB Invest 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. 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. IDB Invest IDB Invest Rakowszczyk, Carlos Ruben +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Manufacturing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR-L1096 IDB Invest 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. 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. IDB Invest IDB Invest Secco Viana, Juan Cruz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Agribusiness Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO-L1002 IDB Invest 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. 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. IDB Invest IDB Invest Pied, Lucie Juanita +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO-L1066 IDB Invest 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. 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. IDB Invest IDB Invest Rojas Cuellar, Lina Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Agribusiness Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO-L1069 IDB Invest 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. 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. IDB Invest IDB Invest Landaeta Menahem, Monica +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Agribusiness Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1011 IDB Invest 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. 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. IDB Invest IDB Invest Da Cruz Carneiro, Bruno +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG-L1040 IDB Invest 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. 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. IDB Invest IDB Invest Ochoa Sanfeliz, Maria Eugenia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Agribusiness Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG-L1042 IDB Invest 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. 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. IDB Invest IDB Invest Pacheco Klein, Jorge Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG-L1047 IDB Invest 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. 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. IDB Invest IDB Invest Da Cruz Carneiro, Bruno +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG-L1049 IDB Invest 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. 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. IDB Invest IDB Invest Queiroz Galvao, Marina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Transport Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG-L1050 IDB Invest 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. 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. IDB Invest IDB Invest Donelli, Marcelo Henrique +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG-L1070 IDB Invest 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. 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. IDB Invest IDB Invest Gutierrez Gutierrez, Martha Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR-L1059 IDB Invest 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. 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. IDB Invest IDB Invest Lopez Coronado, Gustavo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Agribusiness Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR-L1068 IDB Invest 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. 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. IDB Invest IDB Invest Lopez Coronado, Gustavo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR-L1080 IDB Invest 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. 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. IDB Invest IDB Invest Manzo Cruces, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1042 IDB Invest 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. 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. IDB Invest IDB Invest Queiroz Galvao, Marina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1079 IDB Invest 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. 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. IDB Invest IDB Invest Queiroz Galvao, Marina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Transport Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1120 IDB Invest 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. 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. IDB Invest IDB Invest Donelli, Marcelo Henrique +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1158 IDB Invest 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. 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. IDB Invest IDB Invest Antunes Castanho, Rafael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Water and Sanitation Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1159 IDB Invest 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. 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. IDB Invest IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Transport Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1270 IDB Invest 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. 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. IDB Invest IDB Invest Queiroz Galvao, Marina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1294 IDB Invest 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. 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. IDB Invest IDB Invest Donelli, Marcelo Henrique +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1313 IDB Invest 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. 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. IDB Invest IDB Invest Rojas Cuellar, Lina Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Social Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1366 IDB Invest 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. 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. IDB Invest IDB Invest Da Cruz Carneiro, Bruno +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1391 IDB Invest 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. 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. IDB Invest IDB Invest Da Cruz Carneiro, Bruno +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME-L1136 IDB Invest 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. 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. IDB Invest IDB Invest Gutierrez Gutierrez, Martha Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME-L1150 IDB Invest 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. 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. IDB Invest IDB Invest Ochoa Sanfeliz, Maria Eugenia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH-L1065 IDB Invest 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. 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. IDB Invest IDB Invest Ventrell, Catalina Hincapie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC-L1031 IDB Invest 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. 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. IDB Invest IDB Invest Ventrell, Catalina Hincapie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU-L1010 IDB Invest 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. 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. IDB Invest IDB Invest Landaeta Menahem, Monica +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO-L1077 IDB Invest 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. 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. IDB Invest IDB Invest Espinoza Diaz, Jose Alejandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME-L1174 IDB Invest 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. 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. IDB Invest IDB Invest Eder, Stephanie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME-L1177 IDB Invest 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. 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. IDB Invest IDB Invest +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO-L1100 IDB Invest 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. 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. IDB Invest IDB Invest Olsen, Susan M +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Social Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO-L1123 IDB Invest 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. 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. IDB Invest IDB Invest Reyes Correa, Sandra +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR-L1072 IDB Invest 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. 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. IDB Invest IDB Invest Castro Fonseca, Cristie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Social Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR-L1049 IDB Invest 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. 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. IDB Invest IDB Invest Matas Trillo, Rafael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME-L1179 IDB Invest 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. 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. IDB Invest IDB Invest Da Cruz Carneiro, Bruno +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Social Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR-L1059 IDB Invest 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. 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. IDB Invest IDB Invest Rincon, Margarita Adriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE-L1022 IDB Invest 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. 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. IDB Invest IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG-L1007 IDB Invest 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. 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. IDB Invest IDB Invest Pacheco Klein, Jorge Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO-L1067 IDB Invest 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. 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. IDB Invest IDB Invest +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR-L1057 IDB Invest 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. 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. IDB Invest IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Social Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC-L1103 IDB Invest 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. 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. IDB Invest IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1338 IDB Invest 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. 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. IDB Invest IDB Invest Da Cruz Carneiro, Bruno +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR-L1044 IDB Invest 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. 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. IDB Invest IDB Invest Perez Salmeron, Ana Julia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES-L1011 IDB Invest 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. 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. IDB Invest IDB Invest Perez Salmeron, Ana Julia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES-L1069 IDB Invest 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. 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. IDB Invest IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE-L1136 IDB Invest 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. 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. IDB Invest IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME-L1076 IDB Invest 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. 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. IDB Invest IDB Invest Donelli, Marcelo Henrique +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE-L1018 IDB Invest 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. 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. IDB Invest IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES-L1084 IDB Invest 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. 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. IDB Invest IDB Invest Rincon, Margarita Adriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR-L1038 IDB Invest 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. 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. IDB Invest IDB Invest +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME-L1112 IDB Invest 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. 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. IDB Invest IDB Invest Da Cruz Carneiro, Bruno +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR-L1045 IDB Invest 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. 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. IDB Invest IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Tourism Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR-L1135 IDB Invest 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. 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. IDB Invest IDB Invest Patti, Lucila Andrea +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG-L1031 IDB Invest 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. 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. IDB Invest IDB Invest Giacalone, Catia M. +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG-L1029 IDB Invest 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. 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. IDB Invest IDB Invest Lopez Coronado, Gustavo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Agribusiness Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE-L1118 IDB Invest 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. 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. IDB Invest IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR-L1058 IDB Invest 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. 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. IDB Invest IDB Invest Perez Salmeron, Ana Julia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC-L1100 IDB Invest 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. 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. IDB Invest IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE-L1113 IDB Invest 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. 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. IDB Invest IDB Invest Queiroz Galvao, Marina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME-L1185 IDB Invest 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. 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. IDB Invest IDB Invest Londono Torres, Nicolas +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR-L1023 IDB Invest 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. 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. IDB Invest IDB Invest Astudillo Lira, Maria Belen +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Unspecified 40871600 40871600 40871600 BBVA Banco Frances Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR-L1028 IDB Invest 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. 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. IDB Invest IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Unspecified 3492170 3492170 3492170 Banco Rio de la Plata S/A Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR-L1093 IDB Invest 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. 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. IDB Invest IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Unspecified 53323800 53323800 53323800 Banco Supervielle S.A. - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR-L1094 IDB Invest 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. 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. IDB Invest IDB Invest Astudillo Lira, Maria Belen +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Unspecified 47597500 47597500 47597500 Banco Patagonia S.A. - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR-L1099 IDB Invest 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. 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. IDB Invest IDB Invest Gutierrez Lopez, Ornella Romina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR-L1100 IDB Invest 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. 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. IDB Invest IDB Invest Gutierrez Lopez, Ornella Romina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR-L1113 IDB Invest 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. 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. IDB Invest IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Unspecified 42527100 42527100 42527100 Banco de Galicia y Buenos Aires - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-AR-L1129 IDB Invest 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. 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. IDB Invest IDB Invest Astudillo Lira, Maria Belen +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BL-L1012 IDB Invest 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. 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. IDB Invest IDB Invest Joya Silva, Sindy Elena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Belize Belize Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO-L1014 IDB Invest 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. 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. IDB Invest IDB Invest Vega Montoro, Henry William +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Unspecified 233875 233875 233875 Banco de Credito de Bolivia TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-X1026 IDB Invest 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. 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. IDB Invest IDB Invest Gutierrez Lopez, Ornella Romina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-X1032 IDB Invest 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. 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. IDB Invest IDB Invest Chiancone Stanham, Federico +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Unspecified 752018000 752018000 752018000 Banco ABC Brasil S.A. - TFFP Line Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-X1033 IDB Invest 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. 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. IDB Invest IDB Invest Da Cruz Carneiro, Bruno +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-X1034 IDB Invest 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. 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. IDB Invest IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Unspecified 807842000 807842000 807842000 Banco Santander Brasil S.A. - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH-X1011 IDB Invest 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. 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. IDB Invest IDB Invest Roig, Francisco +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO-L1013 IDB Invest 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. 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. IDB Invest IDB Invest Gutierrez Lopez, Ornella Romina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO-L1024 IDB Invest 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. 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. IDB Invest IDB Invest Echeverri, Ana Rosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO-L1030 IDB Invest 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. 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. IDB Invest IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO-L1086 IDB Invest 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. 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. IDB Invest IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR-L1010 IDB Invest 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. 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. IDB Invest IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR-L1020 IDB Invest 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. 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. IDB Invest IDB Invest Joya Silva, Sindy Elena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR-L1021 IDB Invest 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. 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. IDB Invest IDB Invest Rincon, Margarita Adriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR-L1027 IDB Invest 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. 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. IDB Invest IDB Invest Castro Fonseca, Cristie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Unspecified 8000000 8000000 8000000 Banco Lafise Costa Rica - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR-L1041 IDB Invest 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. 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. IDB Invest IDB Invest Castro Fonseca, Cristie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Unspecified 47097500 47097500 47097500 Banco Promerica - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR-X1011 IDB Invest 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. 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. IDB Invest IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Unspecified 30000000 30000000 30000000 BAC SAN JOSE -TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR-L1009 IDB Invest 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. 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. IDB Invest IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Unspecified 232391000 232391000 232391000 Banco Hipotecario Dominicano (BHD) Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR-L1012 IDB Invest 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. 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. IDB Invest IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Unspecified 162605000 162605000 162605000 Banco Popular Dominicano, C. por A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-DR-L1027 IDB Invest 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. 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. IDB Invest IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Unspecified 1605000000 1605000000 1605000000 Banco de Reservas - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1193 IDB Invest 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. 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. IDB Invest IDB Invest Queiroz Galvao, Marina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC-L1028 IDB Invest 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. 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. IDB Invest IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Unspecified 26080000 26080000 26080000 Banco de Guayaquil TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC-L1034 IDB Invest 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. 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. IDB Invest IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Unspecified 147513000 147513000 147513000 Banco Bolivariano - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC-L1035 IDB Invest 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. 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. IDB Invest IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC-L1042 IDB Invest 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. 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. IDB Invest IDB Invest Vega Montoro, Henry William +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Unspecified 41358000 41358000 41358000 Banco Internacional S.A. - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES-L1031 IDB Invest 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. 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. IDB Invest IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Unspecified 57250000 57250000 57250000 Banco Agricola S.A. - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES-L1042 IDB Invest 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. 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. IDB Invest IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Unspecified 108890000 108890000 108890000 Banco HSBC Salvadoreno S.A. - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES-L1060 IDB Invest 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. 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. IDB Invest IDB Invest Joya Silva, Sindy Elena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Unspecified 59525200 59525200 59525200 Banco Promerica El Salvador -TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU-L1011 IDB Invest 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. 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. IDB Invest IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Unspecified 66000000 66000000 66000000 Banco Agromercantil de Guatemala - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU-L1036 IDB Invest 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. 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. IDB Invest IDB Invest Castro Fonseca, Cristie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Unspecified 161000000 161000000 161000000 Banco G&T Continental - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU-L1041 IDB Invest 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. 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. IDB Invest IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Unspecified 848544000 848544000 848544000 Banco Industrial - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU-L1061 IDB Invest 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. 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. IDB Invest IDB Invest Castro Fonseca, Cristie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Unspecified 280000000 280000000 280000000 Banco Internacional, S.A. - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO-L1012 IDB Invest 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. 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. IDB Invest IDB Invest Joya Silva, Sindy Elena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Unspecified 80000000 80000000 80000000 Banco FICOHSA TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO-L1029 IDB Invest 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. 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. IDB Invest IDB Invest Joya Silva, Sindy Elena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Unspecified 75231000 75231000 75231000 Banco Atlantida S.A. - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO-L1041 IDB Invest 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. 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. IDB Invest IDB Invest Joya Silva, Sindy Elena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Unspecified 5000000 5000000 5000000 Banco Lafise Honduras S.A.- TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO-L1074 IDB Invest 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. 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. IDB Invest IDB Invest Joya Silva, Sindy Elena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Unspecified 242885000 242885000 242885000 Banco Del Pais S.A. (Banpais) - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-JA-L1004 IDB Invest 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. 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. IDB Invest IDB Invest Gutierrez Lopez, Ornella Romina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-JA-L1017 IDB Invest 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. 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. IDB Invest IDB Invest Gutierrez Lopez, Ornella Romina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME-L1077 IDB Invest 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. 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. IDB Invest IDB Invest Gutierrez Lopez, Ornella Romina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME-X1014 IDB Invest 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. 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. IDB Invest IDB Invest Gutierrez Lopez, Ornella Romina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME-X1015 IDB Invest 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. 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. IDB Invest IDB Invest Gutierrez Lopez, Ornella Romina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME-X1022 IDB Invest 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. 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. IDB Invest IDB Invest Baltazar Vazquez, Lucia Adriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI-L1019 IDB Invest 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. 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. IDB Invest IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI-L1028 IDB Invest 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. 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. IDB Invest IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Unspecified 165183000 165183000 165183000 Banco de la Produccion S.A. - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI-L1031 IDB Invest 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. 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. IDB Invest IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Unspecified 20695000 20695000 20695000 Banco de Finanzas - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE-L1019 IDB Invest 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. 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. IDB Invest IDB Invest Londono Torres, Nicolas +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Unspecified 242025000 242025000 242025000 Banco Internacional del Perú- Interbank TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE-L1029 IDB Invest 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. 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. IDB Invest IDB Invest Vega Montoro, Henry William +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Unspecified 500500000 500500000 500500000 Banco Interamericano de Finanzas - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PE-L1042 IDB Invest 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. 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. IDB Invest IDB Invest Vega Montoro, Henry William +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Unspecified 140000000 140000000 140000000 Banco Continental BBVA - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN-L1027 IDB Invest 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. 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. IDB Invest IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Unspecified 262179000 262179000 262179000 Multibank Inc. - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN-L1030 IDB Invest 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. 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. IDB Invest IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Unspecified 66207600 66207600 66207600 Banco Aliado S.A. - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN-L1038 IDB Invest 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. 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. IDB Invest IDB Invest Gutierrez Lopez, Ornella Romina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN-L1039 IDB Invest 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. 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. IDB Invest IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN-L1060 IDB Invest 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. 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. IDB Invest IDB Invest Gutierrez Lopez, Ornella Romina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN-L1065 IDB Invest 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. 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. IDB Invest IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Unspecified 203931000 203931000 203931000 Tower Bank - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN-X1008 IDB Invest 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. 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. IDB Invest IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Unspecified 18014000 18014000 18014000 Credicorp Bank Panama - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PN-X1009 IDB Invest 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. 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. IDB Invest IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Unspecified 120260000 120260000 120260000 Banco Internacional de Costa Rica S.A. (BICSA) TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR-L1023 IDB Invest 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. 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. IDB Invest IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR-L1031 IDB Invest 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. 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. IDB Invest IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Unspecified 219000000 219000000 219000000 Sudameris Bank SAECA - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR-L1038 IDB Invest 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. 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. IDB Invest IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Unspecified 22000000 22000000 22000000 Banco Regional S.A. - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR-L1039 IDB Invest 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. 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. IDB Invest IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR-L1041 IDB Invest 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. 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. IDB Invest IDB Invest Gutierrez Lopez, Ornella Romina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR-L1042 IDB Invest 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. 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. IDB Invest IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-PR-L1053 IDB Invest 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. 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. IDB Invest N/A IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Unspecified 168036000 168036000 168036000 Banco Continental S.A.E.C.A. - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RG-X1141 IDB Invest 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. 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. IDB Invest IDB Invest Patti, Lucila Andrea +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR-L1055 IDB Invest 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. 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. IDB Invest IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR-L1056 IDB Invest 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. 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. IDB Invest IDB Invest Gutierrez Lopez, Ornella Romina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC-L1024 IDB Invest 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. 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. IDB Invest IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Unspecified 188500000 188500000 188500000 Banco de la Produccion, S.A. (PRODUBANCO) Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC-X1013 IDB Invest 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. 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. IDB Invest IDB Invest Londono Torres, Nicolas +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Unspecified 45575500 45575500 45575500 TFFP Banco Pacifico Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME-L1192 IDB Invest 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. 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. IDB Invest IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BO-L1048 IDB Invest 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. 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. IDB Invest IDB Invest Londono Torres, Nicolas +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Unspecified 15275900 15275900 15275900 TFFP-Banco BISA S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1041 IDB Invest 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. 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. IDB Invest IDB Invest Gutierrez Lopez, Ornella Romina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1066 IDB Invest 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. 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. IDB Invest IDB Invest Chiancone Stanham, Federico +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Unspecified 132975000 132975000 132975000 Banco Industrial do Brasil TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1067 IDB Invest 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. 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. IDB Invest IDB Invest Da Cruz Carneiro, Bruno +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1114 IDB Invest 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. 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. IDB Invest IDB Invest Gutierrez Lopez, Ornella Romina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1283 IDB Invest 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. 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. IDB Invest IDB Invest Chiancone Stanham, Federico +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Unspecified 130365000 130365000 130365000 TFFP-Banco Sofisa Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1286 IDB Invest 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. 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. IDB Invest IDB Invest Chiancone Stanham, Federico +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Unspecified 201501000 201501000 201501000 Daycoval - TFFP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BR-L1111 IDB Invest 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. 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. IDB Invest IDB Invest Antunes Castanho, Rafael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME-L1181 IDB Invest 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. 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. IDB Invest IDB Invest Cubillos Prieto, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI-L1085 IDB Invest 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. 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. IDB Invest IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3928A-02 IDB Invest Grupo Portuario II Grupo Portuario II IDB Invest IDB Invest De Narvaez, Olga Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Transport 2000000 2000000 2000000 Grupo Portuario II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11935-02 IDB Invest The proposed financing consists of several independent medium term loans, to be granted directly to some operations of Regal Forest Holdings Co. Ltd., located in Trinidad y Tobago, Costa Rica, Paraguay, Guyana y Barbados. These independent loans will have as an objective to finance the client loan portfolio of each of these operations, specifically for the C&D socioeconomic segment. The proposed financing for each Borrower, will be in local currency. The proposed financing consists of several independent medium term loans, to be granted directly to some operations of Regal Forest Holdings Co. Ltd., located in Trinidad y Tobago, Costa Rica, Paraguay, Guyana y Barbados. These independent loans will have as an objective to finance the client loan portfolio of each of these operations, specifically for the C&D socioeconomic segment. The proposed financing for each Borrower, will be in local currency. IDB Invest Unicomer (Trinidad) Limited, El Gallo más Gallo de Alajuela S.A., Wisdom Products S.A.E.C.A., Unicomer (Guyana) Incorporated, Unicomer (Barbados) Ltd. IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11749-06 IDB Invest The objective of this project is to support Banco Guayaquil’s (BG) growth strategy for its Micro, Small and Medium-Sized Enterprise (“MSME”) portfolio in order to increase access to financing in these segments. Thus, it is proposed to grant BG a senior unsecured loan for up to US$70 million. The loan will consist of two tranches as follows: (i) committed tranche for up to US$40 million to be used in 2019; and (ii) uncommitted tranche for up to US$30 million to be used in 2020. The term of this operation is five years, with no grace period. Supplementing this loan, there is expected to be a Technical Assistance (“TA”) component with non-reimbursable funds. The principal objective of this TA is to strengthen the microcredit portfolio by developing a strategy with a gender approach. The objective of this project is to support Banco Guayaquil’s (BG) growth strategy for its Micro, Small and Medium-Sized Enterprise (“MSME”) portfolio in order to increase access to financing in these segments. Thus, it is proposed to grant BG a senior unsecured loan for up to US$70 million. The loan will consist of two tranches as follows: (i) committed tranche for up to US$40 million to be used in 2019; and (ii) uncommitted tranche for up to US$30 million to be used in 2020. The term of this operation is five years, with no grace period. Supplementing this loan, there is expected to be a Technical Assistance (“TA”) component with non-reimbursable funds. The principal objective of this TA is to strengthen the microcredit portfolio by developing a strategy with a gender approach. IDB Invest Banco Guayaquil IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 20000000 20000000 20000000 Partnership with Banco Guayaquil for MSME Financing with Focus on Gender and Inclusion Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12621-01 IDB Invest The project consists of a subscription to a sustainable bond issue for up to COP$657,000 million to be issued by a Colombian entity through an offer on Colombia’s second market (segundo mercado). The bond issue will be divided in two tranches with a term of five and ten years, with a single payment at maturity. The funds from the issue will be used to finance projects that are aligned with the UNDP Sustainable Development Goals related to environmental and social impact issues. A methodological framework will be defined that contains some eligibility criteria and impact indicators, facilitating the correct selection and monitoring of the projects to be financed. IDB Invest will provide technical assistance to obtain a third-party opinion to validate and confirm the suitability of the methodological framework being used. The project consists of a subscription to a sustainable bond issue for up to COP$657,000 million to be issued by a Colombian entity through an offer on Colombia’s second market (segundo mercado). The bond issue will be divided in two tranches with a term of five and ten years, with a single payment at maturity. The funds from the issue will be used to finance projects that are aligned with the UNDP Sustainable Development Goals related to environmental and social impact issues. A methodological framework will be defined that contains some eligibility criteria and impact indicators, facilitating the correct selection and monitoring of the projects to be financed. IDB Invest will provide technical assistance to obtain a third-party opinion to validate and confirm the suitability of the methodological framework being used. IDB Invest N/A IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 99967700 99967700 99967700 Project DCM #10 Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12582-01 IDB Invest The objective of this transaction is to increase access to financing for small and medium sized agroindustry producers in Nicaragua. Banco de la Producción, S.A. (“Banpro”) will create its Diversified Payments Rights Program (the “DRP Program”) and make an issuance of up to US$150 million. IDB Invest will purchase up to US$40 million in debt instruments under the Program with a tenor of up to 5 years including one year of grace period with a potential extension of up to 2 years. It is expected that the IDB Group will purchase up to US$27 million, and that the China Co-Financing Banco de la Producción, S.A. Fund for Latin America and the Caribbean - a fund under IDB´s administration - will purchase up to US$13 million. Under the DPR Program, Banpro (the “Sponsor”) will sell all its rights over its existing and future Diversified Payment Rights (“DPR”) to a Cayman Island Vehicle, NIC FLOWS SPV, Ltd., (the “SPV”). The proceeds from the DPR Program will be channeled by the SPV to Banpro as a payment for the DPRs sold. IDB Invest has a track record working with Banpro. In 2018 IDB Invest approved a US$20 million senior credit line to support the Bank’s efforts to build a green portfolio (US$10 million disbursed as of January 2019). The engagement included technical assistance and a US$1.5 million guarantee facility to enhance collateral to make viable to offer green lines to smaller companies and agricultural producers. Finally, Banpro is part of IBD Invest TFFP program with an approved line of US$30 million. The objective of this transaction is to increase access to financing for small and medium sized agroindustry producers in Nicaragua. Banco de la Producción, S.A. (“Banpro”) will create its Diversified Payments Rights Program (the “DRP Program”) and make an issuance of up to US$150 million. IDB Invest will purchase up to US$40 million in debt instruments under the Program with a tenor of up to 5 years including one year of grace period with a potential extension of up to 2 years. It is expected that the IDB Group will purchase up to US$27 million, and that the China Co-Financing Banco de la Producción, S.A. Fund for Latin America and the Caribbean - a fund under IDB´s administration - will purchase up to US$13 million. Under the DPR Program, Banpro (the “Sponsor”) will sell all its rights over its existing and future Diversified Payment Rights (“DPR”) to a Cayman Island Vehicle, NIC FLOWS SPV, Ltd., (the “SPV”). The proceeds from the DPR Program will be channeled by the SPV to Banpro as a payment for the DPRs sold. IDB Invest has a track record working with Banpro. In 2018 IDB Invest approved a US$20 million senior credit line to support the Bank’s efforts to build a green portfolio (US$10 million disbursed as of January 2019). The engagement included technical assistance and a US$1.5 million guarantee facility to enhance collateral to make viable to offer green lines to smaller companies and agricultural producers. Finally, Banpro is part of IBD Invest TFFP program with an approved line of US$30 million. IDB Invest Banco de la Producción, S.A. IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Financial Institutions 15000000 15000000 15000000 Banpro DPR – Supporting middle-sized agroindustry producers in Nicaragua Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12518-01 IDB Invest Ceripen Trade S.A. (the "Borrower") is a special purpose vehicle established for the development, construction and operation of a fair ground and convention center of approximately 48,000 m2 in Roosevelt Park in Canelones, Uruguay (the "Project" or "Forum Uruguay"). The Project will be located in a land of approximately 30 hectares given in concession for 50 years, based on the provisions of the International Public Tender 100/2017 of the Municipality of Canelones. The Project will be developed by Ebital S.A. ("Ebital"), a Uruguayan construction company with long experience in the construction of large projects, such as Carrasco International Airport, Tower 4 of the World Trade Center and the Nuevo Centro shopping center. Forum Uruguay will be operated and marketed by Feria Valencia, the oldest event organizer in Spain and operator of one of the ten largest venues in the world. The total cost of the Project will be U$S69.0 million and will be financed with a combination of equity, IDB Invest debt and a co-lender. IDB Invest will provide a loan of up to U$S27.6 million. The proposed loan will be structured as a senior secured loan with a tenor of 12 years. The proposed financing is aligned with IDB Invest’s mandate, as it contemplates a "greenfield" sustainable tourism transaction, and from Canelones contribute to the expansion of the tourism sector in this department and in the metropolitan area of ​​Montevideo. Additionally, the Project is expected to result in an economic stimulus effect through the increase in the number of visitors, tourist expenses, and benefits in the economic environment (including transportation, hotels, culture and gastronomic tourism). Ceripen Trade S.A. (the "Borrower") is a special purpose vehicle established for the development, construction and operation of a fair ground and convention center of approximately 48,000 m2 in Roosevelt Park in Canelones, Uruguay (the "Project" or "Forum Uruguay"). The Project will be located in a land of approximately 30 hectares given in concession for 50 years, based on the provisions of the International Public Tender 100/2017 of the Municipality of Canelones. The Project will be developed by Ebital S.A. ("Ebital"), a Uruguayan construction company with long experience in the construction of large projects, such as Carrasco International Airport, Tower 4 of the World Trade Center and the Nuevo Centro shopping center. Forum Uruguay will be operated and marketed by Feria Valencia, the oldest event organizer in Spain and operator of one of the ten largest venues in the world. The total cost of the Project will be U$S69.0 million and will be financed with a combination of equity, IDB Invest debt and a co-lender. IDB Invest will provide a loan of up to U$S27.6 million. The proposed loan will be structured as a senior secured loan with a tenor of 12 years. The proposed financing is aligned with IDB Invest’s mandate, as it contemplates a "greenfield" sustainable tourism transaction, and from Canelones contribute to the expansion of the tourism sector in this department and in the metropolitan area of ​​Montevideo. Additionally, the Project is expected to result in an economic stimulus effect through the increase in the number of visitors, tourist expenses, and benefits in the economic environment (including transportation, hotels, culture and gastronomic tourism). IDB Invest Ceripen Trade S.A. IDB Invest Arevalo, Daniel Jose +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Tourism 27627300 27627300 27627300 Forum Uruguay Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12680-01 IDB Invest The project consists of a senior and/or mezzanine quota subscription of up to BRL40 million in Brazilian Real including a Blended Finance participation through the UK Sustainable Infrastructure Program. The quotas will be issued by Green FIDC Órigo, a receivable rights fund to be organized in accordance with the Brazilian laws and regulations. The fund was designed to disintermediate the access to Brazilian capital markets for renewable energy projects - reducing the cost of capital and facilitating long-term financing. The fund will purchase the receivables of long-term financing contracts of solar-rooftop systems originated by Órigo. IDB Invest will provide conditions that are not available from commercial sources to help Órigo develop a new product and business model to promote energy efficiency, financing access and support capital market development in Brazil. The proposed project will be approved under the following IDB Invest delegated facility: “Debt Capital Markets Program”. IDB Invest will provide technical assistance to design a framework that defines the selection, monitoring and evaluation of the receivable portfolio in a manner aligned with the Sustainable Development Goals ("SDG") defined in the framework of the United Nations Development Program so that the issuance is cataloged as green. The project consists of a senior and/or mezzanine quota subscription of up to BRL40 million in Brazilian Real including a Blended Finance participation through the UK Sustainable Infrastructure Program. The quotas will be issued by Green FIDC Órigo, a receivable rights fund to be organized in accordance with the Brazilian laws and regulations. The fund was designed to disintermediate the access to Brazilian capital markets for renewable energy projects - reducing the cost of capital and facilitating long-term financing. The fund will purchase the receivables of long-term financing contracts of solar-rooftop systems originated by Órigo. IDB Invest will provide conditions that are not available from commercial sources to help Órigo develop a new product and business model to promote energy efficiency, financing access and support capital market development in Brazil. The proposed project will be approved under the following IDB Invest delegated facility: “Debt Capital Markets Program”. IDB Invest will provide technical assistance to design a framework that defines the selection, monitoring and evaluation of the receivable portfolio in a manner aligned with the Sustainable Development Goals ("SDG") defined in the framework of the United Nations Development Program so that the issuance is cataloged as green. IDB Invest Ebes Sistemas De Energia S.A IDB Invest Pamponet, Andre +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Energy 7673270 7673270 7673270 Green FIDC Origo Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12604-01 IDB Invest The proposed transaction consists of a senior unsecured loan for Scotiabank El Salvador, S.A. (Scotiabank) for up to US$37.5 million. The loan package consists of an unsecured senior loan for up to US$37.5 million, including: (i) US$15 million from IDB Invest; (ii) US$10 million from IDB; and (iii) US$12.5 million mobilized through possible co-financing to be financed by IDB Invest in its capacity as administrator of the China Co-financing Fund for Latin America and the Caribbean (the “Fund”). IDB Lab will, in turn, provide technical advisory services on the design and implementation of an SME digital platform called “Let’s SME” that seeks to provide digital financial services to Scotiabank’s SME clients. The proposed transaction consists of a senior unsecured loan for Scotiabank El Salvador, S.A. (Scotiabank) for up to US$37.5 million. The loan package consists of an unsecured senior loan for up to US$37.5 million, including: (i) US$15 million from IDB Invest; (ii) US$10 million from IDB; and (iii) US$12.5 million mobilized through possible co-financing to be financed by IDB Invest in its capacity as administrator of the China Co-financing Fund for Latin America and the Caribbean (the “Fund”). IDB Lab will, in turn, provide technical advisory services on the design and implementation of an SME digital platform called “Let’s SME” that seeks to provide digital financial services to Scotiabank’s SME clients. IDB Invest Scotiabank El Salvador, S.A. IDB Invest Joya Silva, Sindy Elena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions 15000000 15000000 15000000 Scotiabank Let’s SME – Digital Services for SMEs Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11619-03 IDB Invest The project objective is to provide financing to Bancamía to fund working capital and investment operations to microenterprises in various Colombian economic sectors providing support to the most vulnerable sectors. To achieve this objective, the proposed loan will be for up to US$35 million, equal to approximately COP110.114 billion (using an exchange rate of US$1= COP3,146.14 as of January 24, 2019. The peso amount will be determined prior to disbursement) with a term of up to four years. The loan will allow Bancamía to diversify its financing sources and continue the growth of its portfolio in a sector that is strategic for IDB Invest. The project objective is to provide financing to Bancamía to fund working capital and investment operations to microenterprises in various Colombian economic sectors providing support to the most vulnerable sectors. To achieve this objective, the proposed loan will be for up to US$35 million, equal to approximately COP110.114 billion (using an exchange rate of US$1= COP3,146.14 as of January 24, 2019. The peso amount will be determined prior to disbursement) with a term of up to four years. The loan will allow Bancamía to diversify its financing sources and continue the growth of its portfolio in a sector that is strategic for IDB Invest. IDB Invest Banco de las Microfinanzas Bancamía S.A. (“Bancamía”) IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12174-02 IDB Invest The project consists in the subscription of the first Social Bond with a Gender focus, to be issued by Banistmo S.A. (“Banistmo”) in the local market (private placement) for up to US$30 million, bullet, in a maximum five-year term. The proceeds will be used to finance projects with high positive social impact in the country, focus on women-led small and medium enterprises ("SMEs"). In order to validate the Bond as a Social Bond with a gender focus, the issuance will be certified by a third party -an independent consultant-, validating the emission at the local market and increasing impact investor’s interest for the Bond. The Bond issuance (private placement) will be aligned with the Sustainable Development Goals ("SDGs") and the Social Bond Principles ("SBP") and will be the first one not only in Panama but also in Latin America. The project consists in the subscription of the first Social Bond with a Gender focus, to be issued by Banistmo S.A. (“Banistmo”) in the local market (private placement) for up to US$30 million, bullet, in a maximum five-year term. The proceeds will be used to finance projects with high positive social impact in the country, focus on women-led small and medium enterprises ("SMEs"). In order to validate the Bond as a Social Bond with a gender focus, the issuance will be certified by a third party -an independent consultant-, validating the emission at the local market and increasing impact investor’s interest for the Bond. The Bond issuance (private placement) will be aligned with the Sustainable Development Goals ("SDGs") and the Social Bond Principles ("SBP") and will be the first one not only in Panama but also in Latin America. IDB Invest Banistmo S.A. IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 50000000 50000000 50000000 Banistmo Social Bond with a Gender Focus Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12372-02 IDB Invest In 2017, through a public tender process, the Ministry of Education of Panama (MEDUCA, for its Spanish acronym) awarded 10 construction contracts to the contractor A&A Arroyo y Asociados ("A&A") for the design, demolition, remodeling and construction of 28 rural schools located in vulnerable and difficult to access regions of the Ngäbe-Buglé district and the provinces of Bocas del Toro and Coclé. The purpose of this MEDUCA initiative is to eradicate 189 aulas rancho (rustic, one-room rural schools), located mainly in the most isolated and poorest areas of the country, and replace them with modern infrastructure that meets the optimal criteria that the MEDUCA has defined with advice from the Inter-American Development Bank (IDB). In September 2017, A&A formed a private consortium called Consorcio Escuelas Siglo XXI with Air Care Corp. and HMG Investment Corp., in order to combine the resources of each sponsor for the funding and execution of the construction contracts. The IDB Invest loan seeks to provide two years of funding for the construction expenses associated with the contracts. The total cost of the project is US$39.27 million, which will be funded through a class A IDB Invest loan of up to US$16 million and a loan from IDB's Chinese Fund of up to US$8 million. The funding plan will be completed with the contribution of "B" loans and other capital contributions. Through this loan, IDB Invest aims to improve the current state of the infrastructure in rural and isolated schools in the mentioned areas and provide optimal conditions for the learning and development of approximately 302 teachers and 5,488 students, in line with the IDB and Panama’s 2015-2019 strategy to strengthen the educational profile of the population. The new schools will be equipped with modern classrooms, electricity, water, sanitary systems and, in some cases, with solar panels to provide renewable energy. In 2017, through a public tender process, the Ministry of Education of Panama (MEDUCA, for its Spanish acronym) awarded 10 construction contracts to the contractor A&A Arroyo y Asociados ("A&A") for the design, demolition, remodeling and construction of 28 rural schools located in vulnerable and difficult to access regions of the Ngäbe-Buglé district and the provinces of Bocas del Toro and Coclé. The purpose of this MEDUCA initiative is to eradicate 189 aulas rancho (rustic, one-room rural schools), located mainly in the most isolated and poorest areas of the country, and replace them with modern infrastructure that meets the optimal criteria that the MEDUCA has defined with advice from the Inter-American Development Bank (IDB). In September 2017, A&A formed a private consortium called Consorcio Escuelas Siglo XXI with Air Care Corp. and HMG Investment Corp., in order to combine the resources of each sponsor for the funding and execution of the construction contracts. The IDB Invest loan seeks to provide two years of funding for the construction expenses associated with the contracts. The total cost of the project is US$39.27 million, which will be funded through a class A IDB Invest loan of up to US$16 million and a loan from IDB's Chinese Fund of up to US$8 million. The funding plan will be completed with the contribution of "B" loans and other capital contributions. Through this loan, IDB Invest aims to improve the current state of the infrastructure in rural and isolated schools in the mentioned areas and provide optimal conditions for the learning and development of approximately 302 teachers and 5,488 students, in line with the IDB and Panama’s 2015-2019 strategy to strengthen the educational profile of the population. The new schools will be equipped with modern classrooms, electricity, water, sanitary systems and, in some cases, with solar panels to provide renewable energy. IDB Invest A&A Arroyo y Asociados S.A., Air Care Corp. IDB Invest Blakely, Brian +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Social Infrastructure 16000000 16000000 16000000 Desarrollo Sostenible de Escuelas Primarias en Áreas Rurales de Panamá Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11895-03 IDB Invest This Project consists of the expansion and improvement of National Route No. 2 (Mariscal José Félix Estigarribia) and Route No. 7 (José Gaspar Rodríguez de Francia) from Ypacaraí (Km42) to the Tape Pora concession (Km 183), encompassing a 141 Km extension. Construction works include duplicating and/or expanding the road with four lanes, building bridges, overpasses, service roads, and bypasses for traffic re-routing in main urban areas. This Project is carried out under a Public-Private Partnership (PPP) based on provisions under Law 5,102/13 “Promotion of Public Infrastructure Investments, and Expansion and Improvement of State-owned Goods and Services”. The Ministry of Public Works and Communications (MOPC in Spanish) is the authority awarding the PPP agreement, and the government agency responsible for developing environmental and social guidelines for the Project design, construction, operation, maintenance, and closing phases. The IIC participation will contribute to leverage international market resources through a guarantor position during the initial construction phases, and then the Corporation will become a long-term lender of the Project over the PPP contract. This Project consists of the expansion and improvement of National Route No. 2 (Mariscal José Félix Estigarribia) and Route No. 7 (José Gaspar Rodríguez de Francia) from Ypacaraí (Km42) to the Tape Pora concession (Km 183), encompassing a 141 Km extension. Construction works include duplicating and/or expanding the road with four lanes, building bridges, overpasses, service roads, and bypasses for traffic re-routing in main urban areas. This Project is carried out under a Public-Private Partnership (PPP) based on provisions under Law 5,102/13 “Promotion of Public Infrastructure Investments, and Expansion and Improvement of State-owned Goods and Services”. The Ministry of Public Works and Communications (MOPC in Spanish) is the authority awarding the PPP agreement, and the government agency responsible for developing environmental and social guidelines for the Project design, construction, operation, maintenance, and closing phases. The IIC participation will contribute to leverage international market resources through a guarantor position during the initial construction phases, and then the Corporation will become a long-term lender of the Project over the PPP contract. IDB Invest Rutas del Este S.A. (SACYR) IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Transport 100000000 100000000 100000000 Routes 2 and 7 Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12618-01, 12618-02 IDB Invest The project consists of two types of financing: (i) a line of credit for up to US$100 million in local currency to finance the fixed investments of Colombia Telecomunicaciones S.A. ESP (hereinafter “Coltel,” “Enterprise,” or “Company”) during the 2019-2020 year (the “Financing”); and (ii) a facility for purchasing up to US$60 million of accounts receivable (the “Facility”) that will be used to discount invoices from Coltel’s program to finance individual and corporate subscribers’ purchase of mobile devices, communication equipment, and telecommunications service. The line of credit granted under the Financing will have a term of up to seven years and a grace period of up to two years. The Facility will be available for a period of up to 48 months and invoices will have a payment period of up to 24 months. The company is not obliged or committed to take the line of credit under the Financing or the purchase of portfolio under the Facility. Amendment to the Publication (August 28, 2026):Project Name: "COLTEL" Facilidad para compra de Cuentas por CobrarProject Number: 12618-01Amount: US$60,000,000Scope & Objective: The project consists of a facility for purchasing up to US$60 million of accounts receivable (the “Facility”) that will be used to discount invoices from Coltel’s program to finance individual and corporate subscribers’ purchase of mobile devices, communication equipment, and telecommunications service. The Facility will be available for a period of up to 48 months and invoices will have a payment period of up to 24 months. The company is not obliged or committed to take the line of credit under the Financing or the purchase of portfolio under the Facility. The project consists of two types of financing: (i) a line of credit for up to US$100 million in local currency to finance the fixed investments of Colombia Telecomunicaciones S.A. ESP (hereinafter “Coltel,” “Enterprise,” or “Company”) during the 2019-2020 year (the “Financing”); and (ii) a facility for purchasing up to US$60 million of accounts receivable (the “Facility”) that will be used to discount invoices from Coltel’s program to finance individual and corporate subscribers’ purchase of mobile devices, communication equipment, and telecommunications service. The line of credit granted under the Financing will have a term of up to seven years and a grace period of up to two years. The Facility will be available for a period of up to 48 months and invoices will have a payment period of up to 24 months. The company is not obliged or committed to take the line of credit under the Financing or the purchase of portfolio under the Facility. Amendment to the Publication (August 28, 2026):Project Name: "COLTEL" Facilidad para compra de Cuentas por CobrarProject Number: 12618-01Amount: US$60,000,000Scope & Objective: The project consists of a facility for purchasing up to US$60 million of accounts receivable (the “Facility”) that will be used to discount invoices from Coltel’s program to finance individual and corporate subscribers’ purchase of mobile devices, communication equipment, and telecommunications service. The Facility will be available for a period of up to 48 months and invoices will have a payment period of up to 24 months. The company is not obliged or committed to take the line of credit under the Financing or the purchase of portfolio under the Facility. IDB Invest Colombia Telecomunicaciones S.A. ESP - Coltel IDB Invest Edgar Cabañas, Senior Investment Officer - TMT +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Digital Economy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12360-01 IDB Invest Hospital de Manta Hospital de Manta IDB Invest Hospital Especialidades Umiña Hospiumiña S.A. IDB Invest Garcia de Paredes, Margarita Raquel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Social Infrastructure 10400000 10400000 10400000 Hospital de Manta Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12708-01 IDB Invest 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. IDB Invest N/A IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Financial Institutions 18000000 18000000 18000000 Project DCM #13 Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11501-03 IDB Invest The project consists of a senior bond subscription for the equivalent in Colombian pesos of up to US$15 million. The bond will be issued by La Hipotecaria Compañía de Financiamiento through an offer in the Segundo Mercado Colombiano. The bond will have a tenor of 5 years with a 2-year grace period. The proceeds from the issuance will be used to finance the growth of the mortgage loan portfolio, focused on the middle and lower-middle income segments. LHCF, the Colombian subsidiary of Banco La Hipotecaria S.A., is a financing company supervised by the Superintendencia Financiera de Colombia ("SFC") with operations as a regulated entity since April 2014. It provides residential mortgage financing at fixed rates, in COP, to medium and low-middle income segments of the population for the purchase of their primary residence, new or used, or to finance the transfer of their mortgages. Additionally, LHCF offers personal loans, but only to its mortgage clients. IDB Invest will provide technical assistance to LHCF to design a framework that defines the selection, monitoring and evaluation of the mortgage portfolio in a manner aligned with the Sustainable Development Goals ("SDG") defined in the framework of the United Nations Development Program so that the issue is cataloged as a social bond. The project consists of a senior bond subscription for the equivalent in Colombian pesos of up to US$15 million. The bond will be issued by La Hipotecaria Compañía de Financiamiento through an offer in the Segundo Mercado Colombiano. The bond will have a tenor of 5 years with a 2-year grace period. The proceeds from the issuance will be used to finance the growth of the mortgage loan portfolio, focused on the middle and lower-middle income segments. LHCF, the Colombian subsidiary of Banco La Hipotecaria S.A., is a financing company supervised by the Superintendencia Financiera de Colombia ("SFC") with operations as a regulated entity since April 2014. It provides residential mortgage financing at fixed rates, in COP, to medium and low-middle income segments of the population for the purchase of their primary residence, new or used, or to finance the transfer of their mortgages. Additionally, LHCF offers personal loans, but only to its mortgage clients. IDB Invest will provide technical assistance to LHCF to design a framework that defines the selection, monitoring and evaluation of the mortgage portfolio in a manner aligned with the Sustainable Development Goals ("SDG") defined in the framework of the United Nations Development Program so that the issue is cataloged as a social bond. IDB Invest IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12668-01 IDB Invest IDB Invest is evaluating an investment of up to US$30 million in Kandeo Fund 3D (I), LP, which is one of the vehicles that is part of Kandeo Fund 3D (the “Fund”), a regional investment fund that will provide financing to middle-market companies in Peru, Mexico and Colombia. The project’s objective is to increase access to customized financing for companies with growth potential but which lack access to long-term financing, contributing to their growth initiatives and job creation.The Fund will be managed by Kandeo Investments Advisor LLC (“Kandeo”), an experienced fund manager, which is composed of a team of qualified professionals with experience investing in middle-market companies in Latin America. IDB Invest’s participation will allow the Fund to reach the necessary scale to effectively execute its strategy. In addition, IDB Invest will provide a technical assistance that aims at strengthening the diversity, inclusion and gender initiatives at the Fund level. IDB Invest is evaluating an investment of up to US$30 million in Kandeo Fund 3D (I), LP, which is one of the vehicles that is part of Kandeo Fund 3D (the “Fund”), a regional investment fund that will provide financing to middle-market companies in Peru, Mexico and Colombia. The project’s objective is to increase access to customized financing for companies with growth potential but which lack access to long-term financing, contributing to their growth initiatives and job creation.The Fund will be managed by Kandeo Investments Advisor LLC (“Kandeo”), an experienced fund manager, which is composed of a team of qualified professionals with experience investing in middle-market companies in Latin America. IDB Invest’s participation will allow the Fund to reach the necessary scale to effectively execute its strategy. In addition, IDB Invest will provide a technical assistance that aims at strengthening the diversity, inclusion and gender initiatives at the Fund level. IDB Invest Kandeo Fund 3D (I), L.P. IDB Invest Piffaretti, Pablo Eduardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 30000000 30000000 30000000 Kandeo Debt Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR3941A-02 IDB Invest Coriport is a special-purpose company that won an international public tender to build and operate the new passenger terminal of the Daniel Oduber Quirós International Airport (“AIDOQ”) in Liberia, Guanacaste province. AIDOQ is the second largest international airport in Costa Rica and is strategically located in an area with much tourism and other economic activities. Coriport is composed of two well-known and experienced firms in the international aeronautics sector: ADC & HAS, from the US, and MMM Aviation Group S.A., from Canada, as well as a number of prestigious local and international minority investors. The basis for this new IIC operation is Coriport’s need to move up by two years the timetable for the capital investments needed for certain construction projects and equipment for the terminal, as well as expansion of the main boarding gates. This will be achieved mainly through refinancing of financial liabilities to slightly extend the term for maturity of the initial loans, although it will remain within the period approved in the concession agreement. These investments will enable Coriport to serve between 45% and 60% more passengers during the high season months, but especially during peak traffic times for international flights, which generally tend to be concentrated in specific periods of a few hours each day A large majority (95%) of the flights that land in Liberia come from airports that operate as international hubs, which limits the airport’s flexibility as far as being able to space out the arrivals and departures of flights to and from the airport. Another of the IIC’s objectives for this new operation—this objective a long-term one—is to consolidate the recovery and growth of the tourism sector in Guanacaste as a destination in Latin America. The coming years are expected to see the opening of at least 4,000 high-end hotel rooms in AIDOQ’s area of influence. These hotels will continue to invest and create jobs in rural areas that are relatively remote from the traditional opportunities that can be found more easily in the urban areas of the country. Coriport is a special-purpose company that won an international public tender to build and operate the new passenger terminal of the Daniel Oduber Quirós International Airport (“AIDOQ”) in Liberia, Guanacaste province. AIDOQ is the second largest international airport in Costa Rica and is strategically located in an area with much tourism and other economic activities. Coriport is composed of two well-known and experienced firms in the international aeronautics sector: ADC & HAS, from the US, and MMM Aviation Group S.A., from Canada, as well as a number of prestigious local and international minority investors. The basis for this new IIC operation is Coriport’s need to move up by two years the timetable for the capital investments needed for certain construction projects and equipment for the terminal, as well as expansion of the main boarding gates. This will be achieved mainly through refinancing of financial liabilities to slightly extend the term for maturity of the initial loans, although it will remain within the period approved in the concession agreement. These investments will enable Coriport to serve between 45% and 60% more passengers during the high season months, but especially during peak traffic times for international flights, which generally tend to be concentrated in specific periods of a few hours each day A large majority (95%) of the flights that land in Liberia come from airports that operate as international hubs, which limits the airport’s flexibility as far as being able to space out the arrivals and departures of flights to and from the airport. Another of the IIC’s objectives for this new operation—this objective a long-term one—is to consolidate the recovery and growth of the tourism sector in Guanacaste as a destination in Latin America. The coming years are expected to see the opening of at least 4,000 high-end hotel rooms in AIDOQ’s area of influence. These hotels will continue to invest and create jobs in rural areas that are relatively remote from the traditional opportunities that can be found more easily in the urban areas of the country. IDB Invest Coriport S.A. IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Transport 12000000 12000000 12000000 Coriport S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12220-01 IDB Invest The project consists of the design, construction, operation and maintenance of a 350 km transmission line in 500 kV; the construction of a substation in Chamberlain; the reinforcement of the Salto substation; and the provision of auxiliary services allowing the interconnection of the substations in the departments of Tacuarembó and Salto, enabling the closure of the transmission ring in northern Uruguay (the "Project"). The Project has a construction period of 42 months. The Borrower is the "Fideicomiso Financiero Línea de Transmisión Tacuarembó Salto" (Tacuarembó Salto Transmission Line Financial Trust) which will be established as a trustee under the laws of Uruguay. The Borrower will issue Certificates of Participation (“COPS”), of which UTE (the “Sponsor”) will have 20% and the remaining 80% will be owned by institutional and individual investors through an Initial Public Offer that will take place before the first disbursement. From its beginning until the public offer, UTE will have 100% of the shares. The total cost of the project is estimated at US$ 285.2 million, which is projected to be financed through a long-term A loan of US $ 114 million from the IDB Group, a B loan of US $ 114 million, and Sponsor capital contributions for 20% of total project costs (approximately US $ 57 million). The objectives of the Project are: (i) ensure the current and future reliability of the national electricity system in Uruguay, and (ii) support the integration of greater renewable energy production through the expansion of the electricity grid. The Project, which represents approximately 6.6% of the current total high voltage transmission network and 32% of the 500kV system, has been certified as a green transmission line (IDB Invest GTL Certificate). The project consists of the design, construction, operation and maintenance of a 350 km transmission line in 500 kV; the construction of a substation in Chamberlain; the reinforcement of the Salto substation; and the provision of auxiliary services allowing the interconnection of the substations in the departments of Tacuarembó and Salto, enabling the closure of the transmission ring in northern Uruguay (the "Project"). The Project has a construction period of 42 months. The Borrower is the "Fideicomiso Financiero Línea de Transmisión Tacuarembó Salto" (Tacuarembó Salto Transmission Line Financial Trust) which will be established as a trustee under the laws of Uruguay. The Borrower will issue Certificates of Participation (“COPS”), of which UTE (the “Sponsor”) will have 20% and the remaining 80% will be owned by institutional and individual investors through an Initial Public Offer that will take place before the first disbursement. From its beginning until the public offer, UTE will have 100% of the shares. The total cost of the project is estimated at US$ 285.2 million, which is projected to be financed through a long-term A loan of US $ 114 million from the IDB Group, a B loan of US $ 114 million, and Sponsor capital contributions for 20% of total project costs (approximately US $ 57 million). The objectives of the Project are: (i) ensure the current and future reliability of the national electricity system in Uruguay, and (ii) support the integration of greater renewable energy production through the expansion of the electricity grid. The Project, which represents approximately 6.6% of the current total high voltage transmission network and 32% of the 500kV system, has been certified as a green transmission line (IDB Invest GTL Certificate). IDB Invest Fideicomiso Financiero Línea de Transmisión Tacuarembó Salto IDB Invest Diaz Gomez, Anahi +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Energy 114069000 114069000 114069000 Tacuarembó-Salto Green Transmission Line Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12282-01 IDB Invest Shebandowan Holdings S.A. (the “Borrower”) is a special purpose vehicle established for the development, construction and operation of a historic heritage boutique hotel featuring an expansive food & beverage offering including five restaurants in Casco Antiguo (Historic District of Panama), within the Municipality of San Felipe, Panama (the “Project” or “Hotel La Compañía” or the “Hotel”). The Project is a brownfield sustainable tourism transaction in a C country which will contribute to the economic and social development of the Municipality of San Felipe, and especially Casco Antiguo, through the provision of direct and indirect jobs and the integration of local farmers, fishermen and SMEs into the tourism value chain. The Hotel La Compañía Project consists of the renovation and restoration of four buildings into a mixed-use hotel, restaurants, and retail spaces within one block (block #29) inside the Casco Antiguo district. The Project is located at a short distance from the Cathedral, main city plaza, the Presidency, the Ministry of Foreign Relations, and the Museum of the Panama Canal; among other important governmental and culture locations. This Hotel will be developed in the original site where La Compañía de Jesus first settled in Panama back in the 16th century. At present, the city block (between Av. Central and Av. A, and Calle 7a Oeste and 8a Oeste, in Casco Antiguo) where the proposed Project will be located, consists of ruins of inhabited buildings. One of the buildings dates back to approximated 1680; while the other was built in 1739. However, both were abandoned in 1767 after the Jesuits were expelled from the site, and completely burnt down in 1781. Nonetheless, some structures of these historical buildings remain. The Project intends to restore a cultural and historical landmark and contribute to the redevelopment of Casco Antiguo; an area which, was declared in 1976 Historical Monument[1] and in 1997 World Heritage Patrimony by UNESCO[2]. Casco Antiguo is viewed as a testimony of the unique architecture and culture from the 16th to 18th centuries. As a result, the Project will contribute to preserve and transmit the tangible and intangible cultural heritage of the Panamanian society. Between the four buildings of the Project site, there is a large courtyard which, together with the ruins of a church, belongs to the Tourism Authority of Panama (“ATP” for its acronym in Spanish). The government has given the rights in a custodial agreement to Hotel La Compañía to use the courtyard for twenty years in exchange for renovating and maintaining it as a public garden; with the option for renewal for another 20-years. [1] Law 91, of December 22, 1976; which regulates the historic monumental complexes of Panama Viejo, Portobelo and Casco Antiguo of Panama City. [2] World Heritage Committee at its 21st session, meeting in Naples, Italy, December 1st to 6th, 1997. Shebandowan Holdings S.A. (the “Borrower”) is a special purpose vehicle established for the development, construction and operation of a historic heritage boutique hotel featuring an expansive food & beverage offering including five restaurants in Casco Antiguo (Historic District of Panama), within the Municipality of San Felipe, Panama (the “Project” or “Hotel La Compañía” or the “Hotel”). The Project is a brownfield sustainable tourism transaction in a C country which will contribute to the economic and social development of the Municipality of San Felipe, and especially Casco Antiguo, through the provision of direct and indirect jobs and the integration of local farmers, fishermen and SMEs into the tourism value chain. The Hotel La Compañía Project consists of the renovation and restoration of four buildings into a mixed-use hotel, restaurants, and retail spaces within one block (block #29) inside the Casco Antiguo district. The Project is located at a short distance from the Cathedral, main city plaza, the Presidency, the Ministry of Foreign Relations, and the Museum of the Panama Canal; among other important governmental and culture locations. This Hotel will be developed in the original site where La Compañía de Jesus first settled in Panama back in the 16th century. At present, the city block (between Av. Central and Av. A, and Calle 7a Oeste and 8a Oeste, in Casco Antiguo) where the proposed Project will be located, consists of ruins of inhabited buildings. One of the buildings dates back to approximated 1680; while the other was built in 1739. However, both were abandoned in 1767 after the Jesuits were expelled from the site, and completely burnt down in 1781. Nonetheless, some structures of these historical buildings remain. The Project intends to restore a cultural and historical landmark and contribute to the redevelopment of Casco Antiguo; an area which, was declared in 1976 Historical Monument[1] and in 1997 World Heritage Patrimony by UNESCO[2]. Casco Antiguo is viewed as a testimony of the unique architecture and culture from the 16th to 18th centuries. As a result, the Project will contribute to preserve and transmit the tangible and intangible cultural heritage of the Panamanian society. Between the four buildings of the Project site, there is a large courtyard which, together with the ruins of a church, belongs to the Tourism Authority of Panama (“ATP” for its acronym in Spanish). The government has given the rights in a custodial agreement to Hotel La Compañía to use the courtyard for twenty years in exchange for renovating and maintaining it as a public garden; with the option for renewal for another 20-years. [1] Law 91, of December 22, 1976; which regulates the historic monumental complexes of Panama Viejo, Portobelo and Casco Antiguo of Panama City. [2] World Heritage Committee at its 21st session, meeting in Naples, Italy, December 1st to 6th, 1997. IDB Invest Shebandowan Holding, S.A. IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Tourism 13199300 13199300 13199300 Hotel La Compañía Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12828-01 IDB Invest The Project consists of the design, financing, construction, and operation of the Port of Salaverry in Trujillo, Peru. The Port has been in operation since the 1960s and is the natural import/export terminal of the city of Trujillo (the third largest in Peru, with a population of 1 million) and the nearby agribusiness and mining regions. In October 2018, a concession through an international tender was granted to TRAMARSA, by means of which it assumes responsibility for the extension of the facilities and the operation and maintenance (O&M) of the Port for 30 years. Salaverry is a multipurpose terminal. It moves various types of cargo, such as wheat, corn, sugar, fertilizers, mining concentrates, and others. It is mainly an import terminal, but has the potential to expand exports significantly, mainly due to recent and important agribusiness developments in the Port's area of influence. The concession requires implementing investments in six phases. Phases 1 and 2 are mandatory and are not subject to capacity utilization, while the others will be triggered when the terminal reaches certain volume thresholds. The proposed financing is for Phases 1 and 2, and for the early implementation of some of the functional components of Stages 3 and 4 that provide operational flexibility to the Port (thus improving its competitiveness). The Port will charge fees for standard services (ship, cargo, and passenger services, etc.). The concession contract sets the maximum regulated fees that may be charged by the Concessionaire. Fees will be reviewed every 5 years from the start of operations of Phases 1 and 2, based on inflation minus the increase in the productivity factor. This follows the general concession regime for private ports in Peru, of which TRAMARSA is the largest local operator, with two other port concessions in operation. The credit transaction consists of an 8-year short-term loan, with an underlying instrument of up to 18 years. The Project’s area of influence includes four regions (Ancash, La Libertad, Lambayeque, and Cajamarca) that represent more than 12% of Peru's national GDP. Upon completion of the Project, the Port of Salaverry will be able to receive larger vessels and offer a more comprehensive set of services, which will ultimately strengthen global competitiveness in the region. The 2.5 million metric tons per year that the Port currently manages is expected to double at the end of the life cycle of the concession. In addition, technological improvements are expected to increase the efficiency of the Port, reducing logistics costs for the benefit of the region’s exporters and importers. The Project consists of the design, financing, construction, and operation of the Port of Salaverry in Trujillo, Peru. The Port has been in operation since the 1960s and is the natural import/export terminal of the city of Trujillo (the third largest in Peru, with a population of 1 million) and the nearby agribusiness and mining regions. In October 2018, a concession through an international tender was granted to TRAMARSA, by means of which it assumes responsibility for the extension of the facilities and the operation and maintenance (O&M) of the Port for 30 years. Salaverry is a multipurpose terminal. It moves various types of cargo, such as wheat, corn, sugar, fertilizers, mining concentrates, and others. It is mainly an import terminal, but has the potential to expand exports significantly, mainly due to recent and important agribusiness developments in the Port's area of influence. The concession requires implementing investments in six phases. Phases 1 and 2 are mandatory and are not subject to capacity utilization, while the others will be triggered when the terminal reaches certain volume thresholds. The proposed financing is for Phases 1 and 2, and for the early implementation of some of the functional components of Stages 3 and 4 that provide operational flexibility to the Port (thus improving its competitiveness). The Port will charge fees for standard services (ship, cargo, and passenger services, etc.). The concession contract sets the maximum regulated fees that may be charged by the Concessionaire. Fees will be reviewed every 5 years from the start of operations of Phases 1 and 2, based on inflation minus the increase in the productivity factor. This follows the general concession regime for private ports in Peru, of which TRAMARSA is the largest local operator, with two other port concessions in operation. The credit transaction consists of an 8-year short-term loan, with an underlying instrument of up to 18 years. The Project’s area of influence includes four regions (Ancash, La Libertad, Lambayeque, and Cajamarca) that represent more than 12% of Peru's national GDP. Upon completion of the Project, the Port of Salaverry will be able to receive larger vessels and offer a more comprehensive set of services, which will ultimately strengthen global competitiveness in the region. The 2.5 million metric tons per year that the Port currently manages is expected to double at the end of the life cycle of the concession. In addition, technological improvements are expected to increase the efficiency of the Port, reducing logistics costs for the benefit of the region’s exporters and importers. IDB Invest Salaverry Terminal Internacional, S.A. (“STI”) IDB Invest Malpartida Velasquez, Aldo Rafael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Transport 50000000 50000000 50000000 Puerto Salaverry Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11866-03 IDB Invest The proposed transaction consists of a Guarantee Program denominated in United States Dollars (“US$”) of up to US$15 million, to support a US$50 million Sustainable Bond issuance by Banco Promerica de Costa Rica, S.A. (“Promerica CR”) in the panaminian market, to be funded by IDB Invest (the “Project”). The IDB Invest’s role will be to issue a Partial Credit Guarantee (“PCG”), for 30% of the total Sustainable Bond issuance, with the goal of improving the rating profile for the Promerica CR bond. The proposed Project will be approved under the following delegated facility: Debt Capital Markets Program. The proposed transaction consists of a Guarantee Program denominated in United States Dollars (“US$”) of up to US$15 million, to support a US$50 million Sustainable Bond issuance by Banco Promerica de Costa Rica, S.A. (“Promerica CR”) in the panaminian market, to be funded by IDB Invest (the “Project”). The IDB Invest’s role will be to issue a Partial Credit Guarantee (“PCG”), for 30% of the total Sustainable Bond issuance, with the goal of improving the rating profile for the Promerica CR bond. The proposed Project will be approved under the following delegated facility: Debt Capital Markets Program. IDB Invest Banco Promerica de Costa Rica, S.A. IDB Invest Castro Fonseca, Cristie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 15000000 15000000 15000000 Promerica CR – Sustainable Bond Guarantee Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11866-02 IDB Invest The proposed transaction consists of unsecured financing to Banco Promerica S.A. -Guatemala- (“BPGT” or the “Bank) denominated in US dollars (“US$”) for up to US$25 million; to be financed by IDB Invest (the “Project”). The Project’s objective is to assist BPGT to improve access to funding for small and medium-sized enterprises (“SMEs”) and contribute to the growth of its “green financing” portfolio. The Project will be supported by technical assistance which will focus on the mentioned “green financing” portfolio. The proposed transaction consists of unsecured financing to Banco Promerica S.A. -Guatemala- (“BPGT” or the “Bank) denominated in US dollars (“US$”) for up to US$25 million; to be financed by IDB Invest (the “Project”). The Project’s objective is to assist BPGT to improve access to funding for small and medium-sized enterprises (“SMEs”) and contribute to the growth of its “green financing” portfolio. The Project will be supported by technical assistance which will focus on the mentioned “green financing” portfolio. IDB Invest Banco Promerica, S.A. (Guatemala) IDB Invest Castro Fonseca, Cristie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Financial Institutions 25000000 25000000 25000000 SME Financing Agreement with Banco Promerica Guatemala Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12933-01 IDB Invest The proposed operation contemplates a senior unsecured loan of up to PYG300,000,000,000 (the "Loan") that will be financed by BID Invest. The term of the Loan is up to five years, with two years of grace period and semiannual amortization. The Loan funds will be used to finance Micro, Small and Medium Enterprises ("MSMEs") in Paraguay. The proposed operation contemplates a senior unsecured loan of up to PYG300,000,000,000 (the "Loan") that will be financed by BID Invest. The term of the Loan is up to five years, with two years of grace period and semiannual amortization. The Loan funds will be used to finance Micro, Small and Medium Enterprises ("MSMEs") in Paraguay. IDB Invest Sudameris Bank S.A.E.C.A. IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 45095800 45095800 45095800 Sudameris MSME Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12332-01 IDB Invest Ignite Holding Company Inc (“Kingo Energy” or the “Company”) is a prepaid distributed renewable energy provider to off-grid consumers in Latin America. Currently, the Company has 57,000 clients in Guatemala and Colombia and plans to expand its operation reaching 330,000 customers by year 2022. The Company’s global plan is to reach 1,000,000 customers by 2030 across 5 different markets. The Company is structuring a private placement of its Series C convertible preferred shares for the expansion of the Company’s integrated energy distribution business, IDB Invest is considering a participation in the transaction in an amount of approximately five million United States dollars (US$ 5,000,000) with the participation of the Clean Technology Fund (“CTF”). Ignite Holding Company Inc (“Kingo Energy” or the “Company”) is a prepaid distributed renewable energy provider to off-grid consumers in Latin America. Currently, the Company has 57,000 clients in Guatemala and Colombia and plans to expand its operation reaching 330,000 customers by year 2022. The Company’s global plan is to reach 1,000,000 customers by 2030 across 5 different markets. The Company is structuring a private placement of its Series C convertible preferred shares for the expansion of the Company’s integrated energy distribution business, IDB Invest is considering a participation in the transaction in an amount of approximately five million United States dollars (US$ 5,000,000) with the participation of the Clean Technology Fund (“CTF”). IDB Invest Ignite Holding Company Inc. IDB Invest Vega Aldana, Mario Andres +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Energy 1000000 1000000 1000000 Kingo Energy Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12495-01 IDB Invest ZZ Glass Inc., Caribbean Glass Industry SA and Parque Caribbean Glass SA (collectively, ZZ Glass, the Company or the Borrower) are Special Purpose Vehicles (SPVs) created for the development, construction and reactivation (putting back into operation) of an existing, abandoned glass bottle production plant located in the Pedro Brand Municipality in the Dominican Republic (the Project). ZZ Glass, which operates both as the central entity and the commercial arm of the Group, will market an annual production of 72,000 tons (MT) of glass bottles in both the Dominican Republic and the Caribbean through long-term contracts or through spot market transactions. The Project will benefit the local economy by (i) replacing glass bottle imports, and (ii) the generation of currently non-existent exports of this product. The funds will be used (1) to acquire the land where the glass bottle production plant and existing fixed assets will operate; (2) to purchase machinery; and (3) for the civil construction required to refurbish the factory ZZ Glass Inc., Caribbean Glass Industry SA and Parque Caribbean Glass SA (collectively, ZZ Glass, the Company or the Borrower) are Special Purpose Vehicles (SPVs) created for the development, construction and reactivation (putting back into operation) of an existing, abandoned glass bottle production plant located in the Pedro Brand Municipality in the Dominican Republic (the Project). ZZ Glass, which operates both as the central entity and the commercial arm of the Group, will market an annual production of 72,000 tons (MT) of glass bottles in both the Dominican Republic and the Caribbean through long-term contracts or through spot market transactions. The Project will benefit the local economy by (i) replacing glass bottle imports, and (ii) the generation of currently non-existent exports of this product. The funds will be used (1) to acquire the land where the glass bottle production plant and existing fixed assets will operate; (2) to purchase machinery; and (3) for the civil construction required to refurbish the factory IDB Invest ZZ Glass Inc. (ZZ Glass), Caribbean Glass Industry S.A. and Parque Caribbean Glass S.A. IDB Invest Bazan, Paola +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Manufacturing 13300000 13300000 13300000 ZZ Glass Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11488-03 IDB Invest The proposed transaction with Banco Cooperativo Sicredi S.A. (“Sicredi”) consists of a senior unsecured financing of up to one hundred million dollars (US$100,000,000) to be denominated in Brazilian reals, to be funded by IDB. In addition, IDB Invest (“IDBI”), in its capacity as administrator of the Canadian Climate Fund will provide a loan of up to the equivalent in Brazilian Reals to ten million dollars (US$10,000,000) to be funded by IDBI, in its capacity as administrator of the Canadian Climate Fund. The use of proceeds will be to extend credit to photovoltaic (PV) solar projects through Eligible Cooperatives (cooperativas singulares) and which form part of the Sistema de Crédito Cooperativo (the “System”). The proposed transaction with Banco Cooperativo Sicredi S.A. (“Sicredi”) consists of a senior unsecured financing of up to one hundred million dollars (US$100,000,000) to be denominated in Brazilian reals, to be funded by IDB. In addition, IDB Invest (“IDBI”), in its capacity as administrator of the Canadian Climate Fund will provide a loan of up to the equivalent in Brazilian Reals to ten million dollars (US$10,000,000) to be funded by IDBI, in its capacity as administrator of the Canadian Climate Fund. The use of proceeds will be to extend credit to photovoltaic (PV) solar projects through Eligible Cooperatives (cooperativas singulares) and which form part of the Sistema de Crédito Cooperativo (the “System”). IDB Invest Banco Cooperativo Sicredi S.A. IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11843-02 IDB Invest The proceeds of the Project will be to increase its lending and leasing portfolio in Small and Medium-Sized Enterprises (“SMEs”) by creating and implementing a holistic value proposition which will support the growth of Daycoval’s SME portfolio .This proposed transaction consists of a senior unsecured financing for Banco Daycoval S.A. (“Daycoval”or the “Bank”) denominated in United States dollar (“US$”) of up to US$300 million comprised of (i) an IDB Invest A Loan up to US$100 million with a four-year tenor; (ii) an IDB A Loan up to US$ 50 million with a four-year tenor; and (iii) an IDB Invest B Loan expected to be up to US$150 million to be obtained from the sale of participations to commercial banks, at terms to be determined (the “Project”). The proceeds of the Project will be to increase its lending and leasing portfolio in Small and Medium-Sized Enterprises (“SMEs”) by creating and implementing a holistic value proposition which will support the growth of Daycoval’s SME portfolio .This proposed transaction consists of a senior unsecured financing for Banco Daycoval S.A. (“Daycoval”or the “Bank”) denominated in United States dollar (“US$”) of up to US$300 million comprised of (i) an IDB Invest A Loan up to US$100 million with a four-year tenor; (ii) an IDB A Loan up to US$ 50 million with a four-year tenor; and (iii) an IDB Invest B Loan expected to be up to US$150 million to be obtained from the sale of participations to commercial banks, at terms to be determined (the “Project”). IDB Invest Banco Daycoval S.A. IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 100000000 100000000 100000000 Daycoval Sustainable Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12132-02 IDB Invest The project’s main objective is to support the growth of Finabank’s loan portfolio in Suriname by strengthening its capital. The idea is to consolidate a financial institution in the Caribbean that can facilitate loan access for private companies in an environment where financial options are limited, especially for medium-and long-term needs. Established in 1991, Finabank operates in several areas of the commercial and retail banking sector, offering a wide range of products and financial services. Finabank’s main focus has been to stay actively involved in client needs and offer customized financial services and products in order to create long-lasting partnerships. The project’s main objective is to support the growth of Finabank’s loan portfolio in Suriname by strengthening its capital. The idea is to consolidate a financial institution in the Caribbean that can facilitate loan access for private companies in an environment where financial options are limited, especially for medium-and long-term needs. Established in 1991, Finabank operates in several areas of the commercial and retail banking sector, offering a wide range of products and financial services. Finabank’s main focus has been to stay actively involved in client needs and offer customized financial services and products in order to create long-lasting partnerships. IDB Invest FinaBank N.V. IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Suriname Suriname Financial Institutions 3000000 3000000 3000000 Finabank Equity Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12227-01 IDB Invest 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. IDB Invest Fideicomiso para la Financiación de Establecimientos Lecheros ("FFIEL") IDB Invest Domenech Pina, Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Agribusiness 40000000 40000000 40000000 Fideicomiso Financiero Conaprole Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12509-01 IDB Invest The proposed transaction consists of a Senior Loan for a period of 8 years for an amount up to US$50 million (the “IDB Group Financing”) to support ALIV’s (i) capital expenditure plan, (ii) customer acquisition, and (iii) refinancing of existing debt in The Bahamas. The proposed transaction is in line with IDB Invest’s strategic objective of promoting innovation and technological development and support infrastructure to enhance competitiveness and productivity. The financing will consist of an A Loan of up to US$14 million and a B Loan for up to US$36 million. Be Aliv Ltd. (“ALIV”) is the second largest mobile network operator in The Bahamas, created in 2016 as a JV between publicly listed leading fixed cable operator, Cable Bahamas Ltd. (“CBL”) and the Government of the Bahamas (“GoB”). ALIV has approximately 150,000 individual and corporate subscribers and 38% market share. The proposed transaction consists of a Senior Loan for a period of 8 years for an amount up to US$50 million (the “IDB Group Financing”) to support ALIV’s (i) capital expenditure plan, (ii) customer acquisition, and (iii) refinancing of existing debt in The Bahamas. The proposed transaction is in line with IDB Invest’s strategic objective of promoting innovation and technological development and support infrastructure to enhance competitiveness and productivity. The financing will consist of an A Loan of up to US$14 million and a B Loan for up to US$36 million. Be Aliv Ltd. (“ALIV”) is the second largest mobile network operator in The Bahamas, created in 2016 as a JV between publicly listed leading fixed cable operator, Cable Bahamas Ltd. (“CBL”) and the Government of the Bahamas (“GoB”). ALIV has approximately 150,000 individual and corporate subscribers and 38% market share. IDB Invest Be Aliv Limited IDB Invest Cabanas Britos, Edgar +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bahamas Bahamas Digital Economy 30000000 30000000 30000000 ALIV Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12623-01 IDB Invest 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. IDB Invest Proyecto DCM #12 IDB Invest Bazan, Paola +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Manufacturing 15000000 15000000 15000000 Proyecto DCM #12 Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12725-01 IDB Invest The project’s scope consists of: (i) financing for expansion of the Mantica Group’s supermarket chain and working capital requirements for its projected growth; (ii) financial support to improve its environmental performance by financing solar panels; and (iii) financial and nonfinancial support to improve corporate governance practices and the handling of food and plastic wastes (the “Project” as a whole). With this, IDB Invest and the Mantica Group expect to achieve the following objectives: (i) economic growth and job creation; (ii) net reduction in the carbon footprint of the new branches; and (iii) increased sustainability of the Mantica Group’s business through improved corporate governance practices and better waste management. The project’s scope consists of: (i) financing for expansion of the Mantica Group’s supermarket chain and working capital requirements for its projected growth; (ii) financial support to improve its environmental performance by financing solar panels; and (iii) financial and nonfinancial support to improve corporate governance practices and the handling of food and plastic wastes (the “Project” as a whole). With this, IDB Invest and the Mantica Group expect to achieve the following objectives: (i) economic growth and job creation; (ii) net reduction in the carbon footprint of the new branches; and (iii) increased sustainability of the Mantica Group’s business through improved corporate governance practices and better waste management. IDB Invest Casa Comercial Mantica, S.A. and Inmuebles Diano Marina, S.A. IDB Invest Fonseca, Juan Reyes +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Manufacturing 20000000 20000000 20000000 Casa Mantica - Diano Marina Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12485-01 IDB Invest Delimart (the “Company”) is part of Boulos Group, a family-owned group of Haitian companies created by Dr. Carlo Boulos in 1948. Delimart was created in 1997 as a convenience store in Port-au-Prince and it is one of the largest chains of supermarkets and general merchandise stores in Haiti. IDB Invest will be financing the reconstruction of one of its supermarkets “Delmas 30” (hereafter the “Project”) which was vandalized and looted in July of 2018. The Company will build in a commercial location with high market demand. Delimart (the “Company”) is part of Boulos Group, a family-owned group of Haitian companies created by Dr. Carlo Boulos in 1948. Delimart was created in 1997 as a convenience store in Port-au-Prince and it is one of the largest chains of supermarkets and general merchandise stores in Haiti. IDB Invest will be financing the reconstruction of one of its supermarkets “Delmas 30” (hereafter the “Project”) which was vandalized and looted in July of 2018. The Company will build in a commercial location with high market demand. IDB Invest Delimart S.A. IDB Invest Bazan, Paola +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Haiti Haiti Manufacturing 4500000 4500000 4500000 Delimart Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12325-02 IDB Invest The financing consists of an A/B subordinated loan for up to US$20 million to Cooperativa de Ahorro y Crédito Pacífico (“Pacífico”) with a tenor of up to 6.5 years with repayment in a single bullet repayment at maturity. The A/B loan is expected to be comprised as follows: (i) an IDB Invest subordinated A Loan of up to US$5 million (ii) and IDB Invest B Loan of up to US$15 million to be funded by one or more participants. The purpose of this financing is to strengthen Pacifico’s capital base and support its growth strategy in micro and small enterprises and social housing. Pacífico is a credit union founded in Lima, Peru, on August 28, 1970. Its objective is to promote the economic and social development of its members and the community at large, through self-help and mutual aid, by fostering cooperative education, the principles and values of cooperative enterprise, and social inclusion. Pacífico was founded with contributions from members of the Japanese community in Peru, and during its early years offered financial services primarily to the country’s Nikkei populations. It is now open to any Peruvian citizen. The financing consists of an A/B subordinated loan for up to US$20 million to Cooperativa de Ahorro y Crédito Pacífico (“Pacífico”) with a tenor of up to 6.5 years with repayment in a single bullet repayment at maturity. The A/B loan is expected to be comprised as follows: (i) an IDB Invest subordinated A Loan of up to US$5 million (ii) and IDB Invest B Loan of up to US$15 million to be funded by one or more participants. The purpose of this financing is to strengthen Pacifico’s capital base and support its growth strategy in micro and small enterprises and social housing. Pacífico is a credit union founded in Lima, Peru, on August 28, 1970. Its objective is to promote the economic and social development of its members and the community at large, through self-help and mutual aid, by fostering cooperative education, the principles and values of cooperative enterprise, and social inclusion. Pacífico was founded with contributions from members of the Japanese community in Peru, and during its early years offered financial services primarily to the country’s Nikkei populations. It is now open to any Peruvian citizen. IDB Invest Cooperativa de Ahorro y Crédito Pacífico IDB Invest Angarita Macias, Sandra Catalina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 5000000 5000000 5000000 COOPAC Pacífico Subordinado Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11859-02 IDB Invest The financing consists in a Senior A Loan of up to US$ 30 million to Banco Internacional S.A. with a tenor of up to 5 years. The loan will be in a single committed tranche: (i) up to US$ 15 million from the Inter-American Investment Corporation (“IDB Invest” or “CII”); and (ii) up to US$ 15 million from the Inter-American Development Bank (“IDB”). The purpose of this financing is to increase access to capital investment and working capital loans for SMEs. As a complement to this financing, it is expected to have a Technical Assistance ("TA") component of non-reimbursable resources. The main objective of this TA is to develop a green credit strategy and thus promote the creation of green financial products for SMEs. The financing consists in a Senior A Loan of up to US$ 30 million to Banco Internacional S.A. with a tenor of up to 5 years. The loan will be in a single committed tranche: (i) up to US$ 15 million from the Inter-American Investment Corporation (“IDB Invest” or “CII”); and (ii) up to US$ 15 million from the Inter-American Development Bank (“IDB”). The purpose of this financing is to increase access to capital investment and working capital loans for SMEs. As a complement to this financing, it is expected to have a Technical Assistance ("TA") component of non-reimbursable resources. The main objective of this TA is to develop a green credit strategy and thus promote the creation of green financial products for SMEs. IDB Invest Banco Internacional S. A. IDB Invest Vega Montoro, Henry William +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 15000000 15000000 15000000 Banco Internacional Ecuador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12580-01 IDB Invest The proposed operation contemplates a senior unsecured loan of up to PYG180,000,000,000 (the "Loan") that will be financed by BID Invest. The term of the Loan is up to 5 years, with one year of grace period and semiannual amortization. The Loan funds will be used to finance Small and Medium Enterprises ("SMEs") in Paraguay's productive sector. The proposed operation contemplates a senior unsecured loan of up to PYG180,000,000,000 (the "Loan") that will be financed by BID Invest. The term of the Loan is up to 5 years, with one year of grace period and semiannual amortization. The Loan funds will be used to finance Small and Medium Enterprises ("SMEs") in Paraguay's productive sector. IDB Invest Banco Atlas S.A. IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 27959900 27959900 27959900 Banco Atlas SME Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12593-01 IDB Invest The proposed transaction consist of an uncommitted credit line to E FACTOR DIEZ SAPI de CV (“eFactor”) denominated in US dollars and/or its equivalence in Mexican pesos for up to three million United States dollars. The tenor will be up to 180 days. IDB Invest financing will be used by eFactor to (i) fund discount operations with IDB Invest under our supply chain finance facility; and (ii) increase EFD volume of operations by funding discounted invoices (mainly from Micro and Small companies) online. The proposed transaction consist of an uncommitted credit line to E FACTOR DIEZ SAPI de CV (“eFactor”) denominated in US dollars and/or its equivalence in Mexican pesos for up to three million United States dollars. The tenor will be up to 180 days. IDB Invest financing will be used by eFactor to (i) fund discount operations with IDB Invest under our supply chain finance facility; and (ii) increase EFD volume of operations by funding discounted invoices (mainly from Micro and Small companies) online. IDB Invest eFactor Diez, S.A.P.I de C.V IDB Invest Joya Silva, Sindy Elena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 630000 630000 630000 eFactor: Supply Chain Financing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12711-01 IDB Invest IDB Invest is proposing a participation of up to US$50 million as a limited partner in Victory Park Capital Investor Fund W, L.P (the “Fund”), a debt fund incorporated under the law of Delaware. The Fund strategy aims to provide tailor made senior financial structures to technology based non-bank financial institutions (“Fintechs”) across Latin America and the Caribbean (“LAC”). IDB will not only be supporting one of the leading global alternative investment firms to expand its operations to the region but will also promote the development of a new asset class currently not available in the market. The Fund will provide flexible debt solutions currently not available in LAC. IDB Invest is proposing a participation of up to US$50 million as a limited partner in Victory Park Capital Investor Fund W, L.P (the “Fund”), a debt fund incorporated under the law of Delaware. The Fund strategy aims to provide tailor made senior financial structures to technology based non-bank financial institutions (“Fintechs”) across Latin America and the Caribbean (“LAC”). IDB will not only be supporting one of the leading global alternative investment firms to expand its operations to the region but will also promote the development of a new asset class currently not available in the market. The Fund will provide flexible debt solutions currently not available in LAC. IDB Invest Victory Park Capital W IDB Invest Gutierrez Gutierrez, Martha Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 50000000 50000000 50000000 Victory Park Capital Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12242-01 IDB Invest The IDB Invest operation consists of two transactions: (i) a loan of up to US$24 million for a term of 11 years, intended to partially fund the construction and start-up of Induglob S.A.’s new household appliance production plant (the "Company" or "Induglob") located in the south of Ecuador, which will be guaranteed by all the assets of the project to be financed; and (ii) an uncommitted facility for up to US$10 million over a 12-month period, to be guaranteed by Induglob's portfolio with eligible clients, which constitutes a new source of funding for the Company's working capital needs (the Project"). The Project is aligned with the Government of Ecuador's plan to reactivate the local economy by encouraging investments that allow for a change in the country’s production matrix. The IDB Invest operation consists of two transactions: (i) a loan of up to US$24 million for a term of 11 years, intended to partially fund the construction and start-up of Induglob S.A.’s new household appliance production plant (the "Company" or "Induglob") located in the south of Ecuador, which will be guaranteed by all the assets of the project to be financed; and (ii) an uncommitted facility for up to US$10 million over a 12-month period, to be guaranteed by Induglob's portfolio with eligible clients, which constitutes a new source of funding for the Company's working capital needs (the Project"). The Project is aligned with the Government of Ecuador's plan to reactivate the local economy by encouraging investments that allow for a change in the country’s production matrix. IDB Invest Indublog S.A. IDB Invest Jimenez Grandes, Gabriel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing 26000000 26000000 26000000 Induglob Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12614-01 IDB Invest IDB Invest is considering an equity investment of up to US$10.8 million in Alta Growth Capital Fund III, L.P. (“Alta Growth Capital” or the “Fund”) in Mexico. IDB Invest’s participation will allow the Fund to achieve the scalability necessary to effectively execute its investment strategy and achieve its target size of US$250 million. IDB Invest’s participation will increase the availability of private capital for medium-sized enterprises in Mexico, which will help to increase the country’s competitiveness and economic growth. The Fund will invest up to 20% of its commitment in other Latin American countries. The Fund will mainly acquire minority stakes with defined exit strategies. The Fund Manager is Alta Growth Capital S.C., a local investment management company with broad experience and a successful track record in private capital investment in Mexico. The Fund’s investors include the Deutsche Investitions- und Entwicklungsgesellschaft (“DEG”, German development bank), the International Finance Corporation (“IFC”), and Fondo de Fondos. IDB Invest is considering an equity investment of up to US$10.8 million in Alta Growth Capital Fund III, L.P. (“Alta Growth Capital” or the “Fund”) in Mexico. IDB Invest’s participation will allow the Fund to achieve the scalability necessary to effectively execute its investment strategy and achieve its target size of US$250 million. IDB Invest’s participation will increase the availability of private capital for medium-sized enterprises in Mexico, which will help to increase the country’s competitiveness and economic growth. The Fund will invest up to 20% of its commitment in other Latin American countries. The Fund will mainly acquire minority stakes with defined exit strategies. The Fund Manager is Alta Growth Capital S.C., a local investment management company with broad experience and a successful track record in private capital investment in Mexico. The Fund’s investors include the Deutsche Investitions- und Entwicklungsgesellschaft (“DEG”, German development bank), the International Finance Corporation (“IFC”), and Fondo de Fondos. IDB Invest Alta Growth Capital S.C. IDB Invest Vargas Gomez, Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Investment Funds 10300000 10300000 10300000 Alta Growth Capital Fund III Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12345-01 IDB Invest The transaction consists of a loan of up to US$30 million to Gigared S.A. and Gigacable S.A. (“Gigared”), US$20 million of which will be financed by the IDB Group and, if agreed to by the parties, it may include mobilizing funds of up to US$10 million (to be financed by commercial banks)[1] (the Loan"). The Loan will be for a term of up to 7 years, including a grace period of 2 years, and will be used to finance (i) the expansion of its broadband network by connecting more homes and businesses in Buenos Aires and 6 provinces in the Northeast of Argentina (organic growth) and (ii) possible acquisitions (inorganic growth). Gigared is a telecommunications group that provides cable television ("CATV"), fixed telephony and cable modem Internet services ("ISP") through Fiber to the Home ("FTTH") urban networks wiring, Hybrid Fiber Optic-Coaxial Network ("HFC"), including triple play service (cable TV, Internet and fixed telephony) and connectivity and data center services for businesses (this activity, at its facilities in the Autonomous City of Buenos Aires). Gigared’s activities take place in the provinces of Entre Ríos, Santa Fe, Corrientes, Chaco and Misiones, and in the Autonomous City of Buenos Aires, Argentina. The laying down of fiber optics cables begins in Villa Ortúzar, Autonomous City of Buenos Aires, and extends along the coastline. The administrative facilities and central warehouses are located in the Autonomous City of Buenos Aires. [1]To be confirmed. The transaction consists of a loan of up to US$30 million to Gigared S.A. and Gigacable S.A. (“Gigared”), US$20 million of which will be financed by the IDB Group and, if agreed to by the parties, it may include mobilizing funds of up to US$10 million (to be financed by commercial banks)[1] (the Loan"). The Loan will be for a term of up to 7 years, including a grace period of 2 years, and will be used to finance (i) the expansion of its broadband network by connecting more homes and businesses in Buenos Aires and 6 provinces in the Northeast of Argentina (organic growth) and (ii) possible acquisitions (inorganic growth). Gigared is a telecommunications group that provides cable television ("CATV"), fixed telephony and cable modem Internet services ("ISP") through Fiber to the Home ("FTTH") urban networks wiring, Hybrid Fiber Optic-Coaxial Network ("HFC"), including triple play service (cable TV, Internet and fixed telephony) and connectivity and data center services for businesses (this activity, at its facilities in the Autonomous City of Buenos Aires). Gigared’s activities take place in the provinces of Entre Ríos, Santa Fe, Corrientes, Chaco and Misiones, and in the Autonomous City of Buenos Aires, Argentina. The laying down of fiber optics cables begins in Villa Ortúzar, Autonomous City of Buenos Aires, and extends along the coastline. The administrative facilities and central warehouses are located in the Autonomous City of Buenos Aires. [1]To be confirmed. IDB Invest Gigared S.A. and Gigacable S.A. IDB Invest Arauz, Gonzalo C. +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Digital Economy 15000000 15000000 15000000 Gigared Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12481-01 IDB Invest The proposed transaction consists of a senior loan of up to US$2.25 million to be provided to Demerara Bakery Inc. ("Demerara" or "DBI") and River Quest Inc. ("River"), with a ternor of up to ten years, including 18 months grace period (the "Loan"). The loan will finance the construction of a modern bakery and distritubion outlet in Georgetown to supplement Demerara's main operations at Land of Canaan EBD. This new building will house a mini bakery and a cafe and patry shop serving specialized baked products. In addition, it will finance the acquisition of equipment to conduct research and development to introduce the new specialized baked goods to the market, that will ensure compliance with environmental and social occupational health & safety, and ISO food safety standards. The total investment plan will cost US$4.2 million. The project will increase production capacity, improve product quality and overall cost savings with technological improvements to speed up processing time and gain economies of scale. Demerara was founded in 2014 by the Abai family, which is a long-time business entrepreneur from Guyana, and it was established to produce, process and commercialize bakery goods of the highest quality at affordable prices. After only a few years in operation, this company has become a household name in the country, providing wholesome, healthy and preservative free products to people across all regions in Guyana. At present, Demerara has one outlet and six distribution trucks that distribute baked products around Georgetown and its outskirts to supermarkets, mom-and-pop shops, caterers, and other retailers. River provides public and special hire river transportation services to the riverain areas of the Essequibo region, providing to mining, tourism and other business concerns and individual travelers, playing an important role in river transportation in Guyana´s vast interior regions, being fast, safe and reliable. River has been in operation since 2007 and currently operates three aluminum internal propulsion jet boats, each with capacity of 31 persons. The proposed transaction consists of a senior loan of up to US$2.25 million to be provided to Demerara Bakery Inc. ("Demerara" or "DBI") and River Quest Inc. ("River"), with a ternor of up to ten years, including 18 months grace period (the "Loan"). The loan will finance the construction of a modern bakery and distritubion outlet in Georgetown to supplement Demerara's main operations at Land of Canaan EBD. This new building will house a mini bakery and a cafe and patry shop serving specialized baked products. In addition, it will finance the acquisition of equipment to conduct research and development to introduce the new specialized baked goods to the market, that will ensure compliance with environmental and social occupational health & safety, and ISO food safety standards. The total investment plan will cost US$4.2 million. The project will increase production capacity, improve product quality and overall cost savings with technological improvements to speed up processing time and gain economies of scale. Demerara was founded in 2014 by the Abai family, which is a long-time business entrepreneur from Guyana, and it was established to produce, process and commercialize bakery goods of the highest quality at affordable prices. After only a few years in operation, this company has become a household name in the country, providing wholesome, healthy and preservative free products to people across all regions in Guyana. At present, Demerara has one outlet and six distribution trucks that distribute baked products around Georgetown and its outskirts to supermarkets, mom-and-pop shops, caterers, and other retailers. River provides public and special hire river transportation services to the riverain areas of the Essequibo region, providing to mining, tourism and other business concerns and individual travelers, playing an important role in river transportation in Guyana´s vast interior regions, being fast, safe and reliable. River has been in operation since 2007 and currently operates three aluminum internal propulsion jet boats, each with capacity of 31 persons. IDB Invest Demerara Bakery Inc. and River Quest Inc. IDB Invest Navarrete, Monica +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guyana Guyana Agribusiness 2250000 2250000 2250000 Demerara Bakery Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12476-01 IDB Invest The proceeds from the BID Invest loan will be used to (i) partially finance the outfitting and implementation of technological equipment and solutions for Costa Rica’s Instituto Costarricense de Acueductos y Alcantarillados ("AYA") and Poder Judicial (“PJ”) under a public tender that was awarded to CEO, Nova Technologies S.A. (“NovaTech”) and Sistemas Convergentes S.A. (“SISCON”), to be supplied by the leasing company Ati Capital Solutions S.A. and (ii) finance the acquisition of solar panels. In operation since 2000, Ati is a Costa Rican company that mainly leases, finances, and sells technology solutions. CEO, NovaTech and SICON are related to Ati and are part of the Grupo OB. CEO has been in business since 1984 It distributes and sells IT systems and equipment, including accessories and software, as well as integral solutions, mainly in the IT sector. SISCON is a hardware and software provider specialized in Intel, Windows and Dell technology. NovaTech sells and leases recycled equipment of such leasing operations. All four companies complement each other’s core businesses and have participated in many other transactions with the public sector and with private enterprises, with great success. The proceeds from the BID Invest loan will be used to (i) partially finance the outfitting and implementation of technological equipment and solutions for Costa Rica’s Instituto Costarricense de Acueductos y Alcantarillados ("AYA") and Poder Judicial (“PJ”) under a public tender that was awarded to CEO, Nova Technologies S.A. (“NovaTech”) and Sistemas Convergentes S.A. (“SISCON”), to be supplied by the leasing company Ati Capital Solutions S.A. and (ii) finance the acquisition of solar panels. In operation since 2000, Ati is a Costa Rican company that mainly leases, finances, and sells technology solutions. CEO, NovaTech and SICON are related to Ati and are part of the Grupo OB. CEO has been in business since 1984 It distributes and sells IT systems and equipment, including accessories and software, as well as integral solutions, mainly in the IT sector. SISCON is a hardware and software provider specialized in Intel, Windows and Dell technology. NovaTech sells and leases recycled equipment of such leasing operations. All four companies complement each other’s core businesses and have participated in many other transactions with the public sector and with private enterprises, with great success. IDB Invest Ati Capital Solutions, S.A. (“Ati”) and Componentes El Orbe, S.A. (“CEO”) IDB Invest Van Muiswinkel, Frederik Jan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Manufacturing 12100000 12100000 12100000 Ati-Orbe II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12502-01 IDB Invest The objective of this project is to increase access to financing for SMEs, and in particular women-led SMEs, in Costa Rica and Panama by supporting the growth of Marevalley Corporation and Instacredit Costa Rica loan portfolios in these segments and countries. IDB Invest is proposing to provide a senior secured loan for up to US$12 million to Marevalley and its subsidiary in Costa Rica, Instacredit Costa Rica. Marevalley is a subsidiary of Crédito Real, based in Panama, and serving the Central American markets. The objective of this project is to increase access to financing for SMEs, and in particular women-led SMEs, in Costa Rica and Panama by supporting the growth of Marevalley Corporation and Instacredit Costa Rica loan portfolios in these segments and countries. IDB Invest is proposing to provide a senior secured loan for up to US$12 million to Marevalley and its subsidiary in Costa Rica, Instacredit Costa Rica. Marevalley is a subsidiary of Crédito Real, based in Panama, and serving the Central American markets. IDB Invest Marevalley Corporation (“Marevalley”) and Instacredit Costa Rica IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 12000000 12000000 12000000 Marevalley Women-Led SME Partnership Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12119-01 IDB Invest The Project with Mabe is an Uncommitted Revolving Payment Services Facility for US$50 million, or its equivalent in Mex$ (the “Facility”), to provide payment services for suppliers of Mabe or its eligible subsidiaries. The Facility will have an initial tenor of 12 months, renewable on a yearly basis at IDB Invest’s discretion for up to 6 additional years. The Facility will provide Mabe’s suppliers with an innovative alternative solution to finance its working capital needs, using E-Factor Network platform. This solution will enable the supplier base (including small and medium size companies, “SME’s”) to obtain more favorable financing conditions than those they can obtain in the local market on their own. SME Supply Chain Financing through corporates like Mabe is one of the ways IDB Invest will focus in this segment. These kinds of solutions are aligned with IDB Invest’s innovative approach with SMEs. The Project with Mabe is an Uncommitted Revolving Payment Services Facility for US$50 million, or its equivalent in Mex$ (the “Facility”), to provide payment services for suppliers of Mabe or its eligible subsidiaries. The Facility will have an initial tenor of 12 months, renewable on a yearly basis at IDB Invest’s discretion for up to 6 additional years. The Facility will provide Mabe’s suppliers with an innovative alternative solution to finance its working capital needs, using E-Factor Network platform. This solution will enable the supplier base (including small and medium size companies, “SME’s”) to obtain more favorable financing conditions than those they can obtain in the local market on their own. SME Supply Chain Financing through corporates like Mabe is one of the ways IDB Invest will focus in this segment. These kinds of solutions are aligned with IDB Invest’s innovative approach with SMEs. IDB Invest Controladora Mabe, S.A. de C.V. IDB Invest Baltazar Vazquez, Lucia Adriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 50000000 50000000 50000000 MABE Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12400-01 IDB Invest The proposed operation contemplates an A/B Unsecured Loan of up to US$25 million (the "Loan") to be financed by IDB Invest. The term of the Loan is one year, renewable four times more for periods of up to one (1) year, at the discretion of IDB Invest. Loan funds will be used to finance Small and Medium-Sized Enterprises ("SMEs") through factoring and financial leasing operations. The proposed operation contemplates an A/B Unsecured Loan of up to US$25 million (the "Loan") to be financed by IDB Invest. The term of the Loan is one year, renewable four times more for periods of up to one (1) year, at the discretion of IDB Invest. Loan funds will be used to finance Small and Medium-Sized Enterprises ("SMEs") through factoring and financial leasing operations. IDB Invest Eurocapital S.A. IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 15000000 15000000 15000000 Eurocapital SME Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12469-01 IDB Invest The proposed transaction consists of an unsecured subordinated loan to Republic Bank Ltd. (“Republic”, “Republic Bank” or the “Bank”) denominated in US Dollars (“US$”) for up to US$75 million. The tenor of the financing will be up to seven years. IDB Invest’s subordinated loan will be used by Republic Bank to (i) finance its digital integration process; and (ii) increase the size of its retail portfolio by funding small and medium-sized enterprises (“SME”) and housing. The proposed transaction consists of an unsecured subordinated loan to Republic Bank Ltd. (“Republic”, “Republic Bank” or the “Bank”) denominated in US Dollars (“US$”) for up to US$75 million. The tenor of the financing will be up to seven years. IDB Invest’s subordinated loan will be used by Republic Bank to (i) finance its digital integration process; and (ii) increase the size of its retail portfolio by funding small and medium-sized enterprises (“SME”) and housing. IDB Invest IDB Invest Castro Fonseca, Cristie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Trinidad and Tobago Trinidad and Tobago Financial Institutions 37500000 37500000 37500000 Republic Bank - Caribbean Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12412-01 IDB Invest 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$20 million to be funded by the IDB Invest with an 8-year tenor. The Project will be complemented by supporting the Bank on developing a Sustainable Finance initiative that will include four layers of advisory services support. First, the development of corporate sustainability policy. Second, the establishment of procedures and capabilities that allow the Bank’s functionaries to identify and manage green investments in SME segment. Third, the analysis and improvement of risk policy on environmental, social and climate risk. Fourth, support the Bank on maximizing benefits from the previous three layers to increase SMEs credit origination in sustainable investments. IDB Invest St. Georges Bank & Company Inc. IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 25000000 25000000 25000000 St. Georges Financing Partnership for SMEs Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11752-03 IDB Invest The proposed transaction consists of an unsecured financing to Banco Promerica de Costa Rica S.A. (“Promerica” or the “Bank”) denominated in United States Dollars (“US$”) of up to US$20 million to be funded by IDB Invest (“the “Project”). The purpose of the Project is to grant financing to Promerica to improve access to finance for small and medium sized enterprises (“SME”) and to support the growth of Promerica’s “Green Financing” portfolio. The Project will be complemented by a Technical Assistance that will focus on its “Green Financing” portfolio. The proposed transaction consists of an unsecured financing to Banco Promerica de Costa Rica S.A. (“Promerica” or the “Bank”) denominated in United States Dollars (“US$”) of up to US$20 million to be funded by IDB Invest (“the “Project”). The purpose of the Project is to grant financing to Promerica to improve access to finance for small and medium sized enterprises (“SME”) and to support the growth of Promerica’s “Green Financing” portfolio. The Project will be complemented by a Technical Assistance that will focus on its “Green Financing” portfolio. IDB Invest Banco Promerica de Costa Rica, S.A. IDB Invest Castro Fonseca, Cristie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 20000000 20000000 20000000 Banco Promerica Costa Rica: SME Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12201-01 IDB Invest IDB Invest will grant a senior loan of up to US$10 million with a term of up to six (6) years, including a grace period of up to two (2) years, to International Health Services Argentina S.A. (IHSA or the Company). The IDB Invest loan funds will be used to acquire and develop new technologies, operating infrastructure, and facilities. Major investments will be used to (i) purchase new medical equipment; (ii) modernize facilities; (iii) acquire operating infrastructure for new business lines; (iv) update and renew technology and communications; (v) purchase medical aircraft; and; (vi) invest in data science (all together, the “Project”). Brief Project Description IHSA began its activities in 1979 as Emergencias Sociedad Anónima, primarily to provide out-of-hospital services to individual clients in the city of Buenos Aires. Currently, IHSA S.A. (known in the market as “Emergencias”) and its private network and partners cover more than seven million clients, through its various trademarks: Emergencias, Emerphone, Contigo, Eca, Embarazadas, and Emermind. The services that IHSA provides through these companies include the following: medical care services, health-related and special emergency transfers, home care, medical telecare, complex operations (medical and emergency services in difficult-to-access areas), coverage and health service station at airports, technologies development, training, and corporate medicine, among other services. In 2016, the group’s companies provided a total of 2.5 million medical treatments. The company has 14 locations and a mechanical workshop/carwash in the city of Buenos Aires, 15 locations in the province of Buenos Aires, and eight locations distributed in the cities of Resistencia (Chaco), Posadas (Misiones), Cipolletti (Rio Negro), San Juan (San Juan), Luján de Cuyo (Mendoza), Rio Gallegos (Santa Cruz), Neuquén (Neuquén), and Esquel (Esquel). It has a fleet consisting of 231 of its own vehicles and 480 contracted vehicles. Its expansion strategy (own network and partners) has allowed IHSA to provide health services to populations outside the urban centers that formerly had only precarious services. In recent years, IHSA has provided medical care to communities of less than two thousand inhabitants, where there used to be little or no access to quality health services. It has also begun to provide coverage in complex undertakings such as oil drilling and mining, a growing and expanding business. IDB Invest will grant a senior loan of up to US$10 million with a term of up to six (6) years, including a grace period of up to two (2) years, to International Health Services Argentina S.A. (IHSA or the Company). The IDB Invest loan funds will be used to acquire and develop new technologies, operating infrastructure, and facilities. Major investments will be used to (i) purchase new medical equipment; (ii) modernize facilities; (iii) acquire operating infrastructure for new business lines; (iv) update and renew technology and communications; (v) purchase medical aircraft; and; (vi) invest in data science (all together, the “Project”). Brief Project Description IHSA began its activities in 1979 as Emergencias Sociedad Anónima, primarily to provide out-of-hospital services to individual clients in the city of Buenos Aires. Currently, IHSA S.A. (known in the market as “Emergencias”) and its private network and partners cover more than seven million clients, through its various trademarks: Emergencias, Emerphone, Contigo, Eca, Embarazadas, and Emermind. The services that IHSA provides through these companies include the following: medical care services, health-related and special emergency transfers, home care, medical telecare, complex operations (medical and emergency services in difficult-to-access areas), coverage and health service station at airports, technologies development, training, and corporate medicine, among other services. In 2016, the group’s companies provided a total of 2.5 million medical treatments. The company has 14 locations and a mechanical workshop/carwash in the city of Buenos Aires, 15 locations in the province of Buenos Aires, and eight locations distributed in the cities of Resistencia (Chaco), Posadas (Misiones), Cipolletti (Rio Negro), San Juan (San Juan), Luján de Cuyo (Mendoza), Rio Gallegos (Santa Cruz), Neuquén (Neuquén), and Esquel (Esquel). It has a fleet consisting of 231 of its own vehicles and 480 contracted vehicles. Its expansion strategy (own network and partners) has allowed IHSA to provide health services to populations outside the urban centers that formerly had only precarious services. In recent years, IHSA has provided medical care to communities of less than two thousand inhabitants, where there used to be little or no access to quality health services. It has also begun to provide coverage in complex undertakings such as oil drilling and mining, a growing and expanding business. IDB Invest International Health Services Argentina S.A. IDB Invest Huang, Ming Ther +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Social Infrastructure 10000000 10000000 10000000 Emergencias Argentina Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12523-01 IDB Invest The proposed transaction consists of a Senior Loan for a period of 10 years for an amount up to US$60 million (the “IDB Group Financing”) to support PTI’s: (i) capital expenditure plan, and (ii) acquisitions. IDB Group’s market knowledge and expertise in developing markets is well suited to assist PTI in the Caribbean and South American market. The financing will consist of an A Loan of up to US$45 million and a B Loan for up to US$15 million. PTI is a leading independent owner and operator of wireless communications infrastructure leasing sites to Mobile Network Operators (“MNOs”) across the Caribbean and Latin American region. AMENDMENT December 4 of 2018: * Phoenix Tower US Holdings, LP and its relevant Subsidiaries. ** Prior to Second Disbursement. *** Regional: South America and the Caribbean. The proposed transaction consists of a Senior Loan for a period of 10 years for an amount up to US$60 million (the “IDB Group Financing”) to support PTI’s: (i) capital expenditure plan, and (ii) acquisitions. IDB Group’s market knowledge and expertise in developing markets is well suited to assist PTI in the Caribbean and South American market. The financing will consist of an A Loan of up to US$45 million and a B Loan for up to US$15 million. PTI is a leading independent owner and operator of wireless communications infrastructure leasing sites to Mobile Network Operators (“MNOs”) across the Caribbean and Latin American region. AMENDMENT December 4 of 2018: * Phoenix Tower US Holdings, LP and its relevant Subsidiaries. ** Prior to Second Disbursement. *** Regional: South America and the Caribbean. IDB Invest * Phoenix Tower International LLC and its relevant Subsidiaries IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Digital Economy 45000000 45000000 45000000 PTI Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12382-01 IDB Invest Inversiones Hoteleras CH de Alajuela S.A. (the "Borrower") is a special purpose vehicle established for the development, construction and operation of a 120-room hotel in Alajuela, Costa Rica (hereinafter called the "Project" or "Fairfield Alajuela" or the "Hotel"). This proposed hotel will be developed by Caribe Hospitality S.A., owner of the Courtyard Alajuela hotels in Costa Rica and the Courtyard Kingston in Jamaica (these high-reputation hotels have taken IDB investment loans). Caribe Hospitality is an experienced developer with a solid track record, having developed twelve properties (all under the Marriott brand) in Costa Rica, the Dominican Republic, Barbados, Trinidad and Tobago, El Salvador, Mexico and Jamaica, since 2000. The proposed hotel will be operated by Marriott International and marketed under the Fairfield Inn brand. This Hotel will be located next to the 127-room Courtyard Alajuela and will be within a short distance of the Juan Santamaría International Airport, customs-free zones, logistics and shared services providers, and the recently inaugurated Convention Center. The total cost of the Project will amount to up to US$ 14.5 million and will be financed with a combination of the sponsor's share capital, and loans from IDB Invest and a co-lender. IDB Invest will provide a loan of up to US$ 5 million and leverage US$ 2.5 million from a co-lender. The proposed loan will be structured as a secured senior loan with a term of 12 years. The proposed financing project is aligned with IDB Invest's mandate, as it contemplates sustainable tourism activity in a previously developed urban area, on vacant greenfield land, contributing to the economic development of Alajuela and San José through the generation of direct and indirect jobs, the positioning of the area as an emerging destination for corporate and convention centers, and the integration of local SMEs in the tourism value chain. Finally, the Project will seek LEED Silver certification, further promoting sustainable hospitality in Central America. Inversiones Hoteleras CH de Alajuela S.A. (the "Borrower") is a special purpose vehicle established for the development, construction and operation of a 120-room hotel in Alajuela, Costa Rica (hereinafter called the "Project" or "Fairfield Alajuela" or the "Hotel"). This proposed hotel will be developed by Caribe Hospitality S.A., owner of the Courtyard Alajuela hotels in Costa Rica and the Courtyard Kingston in Jamaica (these high-reputation hotels have taken IDB investment loans). Caribe Hospitality is an experienced developer with a solid track record, having developed twelve properties (all under the Marriott brand) in Costa Rica, the Dominican Republic, Barbados, Trinidad and Tobago, El Salvador, Mexico and Jamaica, since 2000. The proposed hotel will be operated by Marriott International and marketed under the Fairfield Inn brand. This Hotel will be located next to the 127-room Courtyard Alajuela and will be within a short distance of the Juan Santamaría International Airport, customs-free zones, logistics and shared services providers, and the recently inaugurated Convention Center. The total cost of the Project will amount to up to US$ 14.5 million and will be financed with a combination of the sponsor's share capital, and loans from IDB Invest and a co-lender. IDB Invest will provide a loan of up to US$ 5 million and leverage US$ 2.5 million from a co-lender. The proposed loan will be structured as a secured senior loan with a term of 12 years. The proposed financing project is aligned with IDB Invest's mandate, as it contemplates sustainable tourism activity in a previously developed urban area, on vacant greenfield land, contributing to the economic development of Alajuela and San José through the generation of direct and indirect jobs, the positioning of the area as an emerging destination for corporate and convention centers, and the integration of local SMEs in the tourism value chain. Finally, the Project will seek LEED Silver certification, further promoting sustainable hospitality in Central America. IDB Invest Inversiones Hoteleras CH de Alajuela S.A. IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Tourism 5000000 5000000 5000000 Fairfield Alajuela Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12368-01 IDB Invest The proposed operation contemplates a Senior Unsecured Loan of up to US$5 million (the "Loan") to be financed by IDB Invest. The term of the Loan is one year, renewable four times more for periods of up to one (1) year, at the discretion of IDB Invest. Loan funds will be used to finance Small and Medium-Sized Enterprises ("SMEs") through factoring and financial leasing operations. The proposed operation contemplates a Senior Unsecured Loan of up to US$5 million (the "Loan") to be financed by IDB Invest. The term of the Loan is one year, renewable four times more for periods of up to one (1) year, at the discretion of IDB Invest. Loan funds will be used to finance Small and Medium-Sized Enterprises ("SMEs") through factoring and financial leasing operations. IDB Invest Nuevo Capital S.A. IDB Invest Paredes, Cristina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 10000000 10000000 10000000 Nuevo Capital SME Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12389-01 IDB Invest 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. IDB Invest Peninsula IV Levered-O L.P. IDB Invest Parodi Serpa, Alberto Enrique +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 37000000 37000000 37000000 Peninsula Investment Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12434-01 IDB Invest Delta Sucroenergia (Delta) is a sugar and ethanol corporate group based in Minas Gerais, Brazil. It operates three mills with a combined sugarcane milling capacity of 11 million tons. In fiscal year 2018, the Group produced 532,000 tons of high-polarity sugar (VHP), 375,000 tons of crystal sugar, 289,000 m3 of ethanol (sold primarily as a fuel to replace petroleum derivatives for motor vehicles), and 659 GWh of electricity via co-generation of bagasse, 72% of which was sold to third parties. The proposed financing will be used to: i) renew 14,100 hectares of sugarcane fields; ii) purchase 12 cane harvesters, 20 tractors, 30 trucks and a non-motorized fleet; iii) adopt new varieties of sugarcane and introduce the practice of crop rotation; and iv) capital expenditures in industrial facilities. Delta Sucroenergia (Delta) is a sugar and ethanol corporate group based in Minas Gerais, Brazil. It operates three mills with a combined sugarcane milling capacity of 11 million tons. In fiscal year 2018, the Group produced 532,000 tons of high-polarity sugar (VHP), 375,000 tons of crystal sugar, 289,000 m3 of ethanol (sold primarily as a fuel to replace petroleum derivatives for motor vehicles), and 659 GWh of electricity via co-generation of bagasse, 72% of which was sold to third parties. The proposed financing will be used to: i) renew 14,100 hectares of sugarcane fields; ii) purchase 12 cane harvesters, 20 tractors, 30 trucks and a non-motorized fleet; iii) adopt new varieties of sugarcane and introduce the practice of crop rotation; and iv) capital expenditures in industrial facilities. IDB Invest Delta Sucroenergia S.A. IDB Invest de Paiva Ferraz, Joao Victor +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Agribusiness 70000000 70000000 70000000 Delta Sucroenergia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12292-01 IDB Invest The operation consists of a loan in Mexican pesos of up to MX $400 million to Kowi Group, S.A. de C.V. ("KOWI"), to finance fixed asset investments in pig farms related to installed capacity expansion processes in different stages. The detail of the investments is the following: (i) Placement of 10,000 sows on maternity farm Site I; (ii) Implementation of wean to finish farms on Sites II and III; (iii) Permanent working capital (Jointly, (i), (ii) and (iii) are hereinafter called the "Project"). KOWI comprises 78 partners, both companies and individuals, where none of the shareholders has more than a 10% stake in the Group and control is distributed among a maximum of 10 families. Until 2012, all live pigs were purchased by the Group from third parties, with KOWI shareholders being the main suppliers (around 60%). At the end of 2012, KOWI began the construction of its first operating unit (Site I: maternity farm), thus achieving greater vertical integration in the process that covers everything from the insemination of sows to weaning, participating through its subsidiary companies and their partners in all stages of the value chain. The high degree of vertical integration that KOWI seeks to achieve and the proximity of its suppliers allows it to, on the one hand; (i) rigorously control the quality of the product, guaranteeing compliance with high animal welfare and nutrition standards, and on the other hand (ii) minimize the distance for transporting pigs to the cold storage slaughterhouse, which directly impacts the quality standards demanded by its main international clients. KOWI’s pig production companies are: (i) Porcikowi S.A. de C.V. ("Porcikowi"), with Site I farms dedicated to breeding stock and piglets until weaning, and (ii) Genetikowi S.A. de C.V. ("Genetikowi"), with farms Sites II and III dedicated to pig fattening, from 7 kg to an average of 120 kg. Through the Project, Porcikowi's own capacity will increase from 21,500 sows to 31,500 sows (46% capacity increase), achieving an approximate production capacity of 1,250,000 piglets per year; while for Genetikowi, the own production/fattening capacity will increase from 167,000 piglets per year to 237,000 piglets per year (42% capacity increase). KOWI's strategy is based on consolidating its position in the export market by increasing its customer base in Japan, the United States and Korea. In turn, the company will continue to penetrate the market in the western region of the United States (California, New Mexico, Arizona, Colorado and Nevada) through Alimentos Kowi USA (affiliate marketing company). KOWI exports to Japan and the United States represent, respectively, 19% and 25% of the total exports of Mexican pork to those markets, holding the third largest market share among companies exporting to those countries. Its sales also represent 23% of branded pork products in the national market; it is important to emphasize that Mexico is a country where pork meat is sold live and unbranded, with very few companies having managed to position their brand through processed products and specific cuts of their products. The Group's client base is well diversified, with its main clients being two Japanese companies, Nicherei and Green House, each representing approximately 4% of annual sales. The company also sells in the national market, through its own stores located mainly in the Northwest of the country. In this sense, the Project will strengthen the integration of the production chain for KOWI, helping the company to achieve vertical integration, which will, based on scale economies, cause the company to improve its margins and stimulate its productivity. In addition, this investment will be developed in a rural area far from the main suburban areas of the state of Sonora, Mexico, bringing benefits to the area, such as strengthening economic development in the rural community through an increase in the demand for jobs (approx. 150 direct jobs), which are scarce or nonexistent in this region of the state. The operation consists of a loan in Mexican pesos of up to MX $400 million to Kowi Group, S.A. de C.V. ("KOWI"), to finance fixed asset investments in pig farms related to installed capacity expansion processes in different stages. The detail of the investments is the following: (i) Placement of 10,000 sows on maternity farm Site I; (ii) Implementation of wean to finish farms on Sites II and III; (iii) Permanent working capital (Jointly, (i), (ii) and (iii) are hereinafter called the "Project"). KOWI comprises 78 partners, both companies and individuals, where none of the shareholders has more than a 10% stake in the Group and control is distributed among a maximum of 10 families. Until 2012, all live pigs were purchased by the Group from third parties, with KOWI shareholders being the main suppliers (around 60%). At the end of 2012, KOWI began the construction of its first operating unit (Site I: maternity farm), thus achieving greater vertical integration in the process that covers everything from the insemination of sows to weaning, participating through its subsidiary companies and their partners in all stages of the value chain. The high degree of vertical integration that KOWI seeks to achieve and the proximity of its suppliers allows it to, on the one hand; (i) rigorously control the quality of the product, guaranteeing compliance with high animal welfare and nutrition standards, and on the other hand (ii) minimize the distance for transporting pigs to the cold storage slaughterhouse, which directly impacts the quality standards demanded by its main international clients. KOWI’s pig production companies are: (i) Porcikowi S.A. de C.V. ("Porcikowi"), with Site I farms dedicated to breeding stock and piglets until weaning, and (ii) Genetikowi S.A. de C.V. ("Genetikowi"), with farms Sites II and III dedicated to pig fattening, from 7 kg to an average of 120 kg. Through the Project, Porcikowi's own capacity will increase from 21,500 sows to 31,500 sows (46% capacity increase), achieving an approximate production capacity of 1,250,000 piglets per year; while for Genetikowi, the own production/fattening capacity will increase from 167,000 piglets per year to 237,000 piglets per year (42% capacity increase). KOWI's strategy is based on consolidating its position in the export market by increasing its customer base in Japan, the United States and Korea. In turn, the company will continue to penetrate the market in the western region of the United States (California, New Mexico, Arizona, Colorado and Nevada) through Alimentos Kowi USA (affiliate marketing company). KOWI exports to Japan and the United States represent, respectively, 19% and 25% of the total exports of Mexican pork to those markets, holding the third largest market share among companies exporting to those countries. Its sales also represent 23% of branded pork products in the national market; it is important to emphasize that Mexico is a country where pork meat is sold live and unbranded, with very few companies having managed to position their brand through processed products and specific cuts of their products. The Group's client base is well diversified, with its main clients being two Japanese companies, Nicherei and Green House, each representing approximately 4% of annual sales. The company also sells in the national market, through its own stores located mainly in the Northwest of the country. In this sense, the Project will strengthen the integration of the production chain for KOWI, helping the company to achieve vertical integration, which will, based on scale economies, cause the company to improve its margins and stimulate its productivity. In addition, this investment will be developed in a rural area far from the main suburban areas of the state of Sonora, Mexico, bringing benefits to the area, such as strengthening economic development in the rural community through an increase in the demand for jobs (approx. 150 direct jobs), which are scarce or nonexistent in this region of the state. IDB Invest Porcikowi S.A. de C.V. ("Porcikowi"), y Genetikowi S.A. de C.V. ("Genetikowi") IDB Invest Aguirre Hernandez, Alma Iliana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 15456800 15456800 15456800 Grupo KOWI Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11774-04 IDB Invest The Borrower shall use the proceeds of the Subordinated Loan to support its capital structure by increasing its Tier 2 Capital. On the other hand, IDB Invest and BanBif will work together with the support of the Advisory Services Division of IDB Invest to undertake activities aimed at identifying and capturing opportunities for “green” and climate resilient lending, and developing the institutional capacity. The Borrower shall use the proceeds of the Subordinated Loan to support its capital structure by increasing its Tier 2 Capital. On the other hand, IDB Invest and BanBif will work together with the support of the Advisory Services Division of IDB Invest to undertake activities aimed at identifying and capturing opportunities for “green” and climate resilient lending, and developing the institutional capacity. IDB Invest Banco Interamericano de Finanzas S.A (BanBif) IDB Invest Vega Montoro, Henry William +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 12500000 12500000 12500000 BanBif Green Finance Partnership (Subdebt) Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12256-01 IDB Invest Interagrovial S.A. will grant loans to its clients to purchase new machinery based on specific eligibility terms acceptable to IDB Invest and documented with promissory notes. IDB Invest will acquire bonds for up to US$30 million issued under a private offering by a trust to be established under the laws of Uruguay (Fideicomiso Financiero Interagrovial). The trust will use the financing to acquire the loans originated by Interagrovial. Brief Description of the Project: Interagrovial is a company engaged in the sale of machinery for agricultural, forestry and construction activities, as well as for the landscaping of parks and gardens. It is the official John Deere representative in Uruguay. It also sells replacement parts, lubricants, additives, paints, refrigerants, and other products and provides technical assistance, training courses (mechanical repair and machinery operation, among others), and control of equipment operating parameters remotely and in real time (through remote access) ([1]). In addition, Interagrovial offers services to provide harvesting machinery to owners of forest plantations. Under a contract, the operator of the machinery provided by Interagrovial is designated by the owner of each plantation and Interagrovial provides services to repair, wash, fuel, and mechanically maintain the machinery supplied. As these activities are carried out along the harvest front, facilities suitable for workshops, offices, and temporary housing must be moved to the site, inputs must be provided along the work front, and waste must be removed from the front. Interagrovial is responsible for moving personnel to the harvest site, assigning them in three shifts in order to achieve continuous operation for 24 hours a day for six days a week over a period that can last as much as six or seven months Interagrovial has its headquarters in Montevideo and main branches in Florida, Tacuarembó, Paysandú, Young, Soriano, Mercedes, and Ombúes de Lavalle. The size of the workshops in those branches ranges from 600 to 1,000 square meters. The company also has small branches where it only sells replacement parts in the towns of Lascano, Durazno, Tarariras, Colonia Valdense, Salto, and Tomás Gomensoro. It has a fleet that includes 33 of its own vehicles and 32 leased vehicles. At the time of the environmental and social due diligence assessment, Interagrovial had 844 machines in stock, including new and used units. [1] Interagrovial offers its clients remote monitoring of the operating parameters of the machinery it sells. The information is continuously transmitted to the Interagrovial headquarters in Montevideo, from which any anomaly is reported to the respective branch, which notifies the client. Interagrovial S.A. will grant loans to its clients to purchase new machinery based on specific eligibility terms acceptable to IDB Invest and documented with promissory notes. IDB Invest will acquire bonds for up to US$30 million issued under a private offering by a trust to be established under the laws of Uruguay (Fideicomiso Financiero Interagrovial). The trust will use the financing to acquire the loans originated by Interagrovial. Brief Description of the Project: Interagrovial is a company engaged in the sale of machinery for agricultural, forestry and construction activities, as well as for the landscaping of parks and gardens. It is the official John Deere representative in Uruguay. It also sells replacement parts, lubricants, additives, paints, refrigerants, and other products and provides technical assistance, training courses (mechanical repair and machinery operation, among others), and control of equipment operating parameters remotely and in real time (through remote access) ([1]). In addition, Interagrovial offers services to provide harvesting machinery to owners of forest plantations. Under a contract, the operator of the machinery provided by Interagrovial is designated by the owner of each plantation and Interagrovial provides services to repair, wash, fuel, and mechanically maintain the machinery supplied. As these activities are carried out along the harvest front, facilities suitable for workshops, offices, and temporary housing must be moved to the site, inputs must be provided along the work front, and waste must be removed from the front. Interagrovial is responsible for moving personnel to the harvest site, assigning them in three shifts in order to achieve continuous operation for 24 hours a day for six days a week over a period that can last as much as six or seven months Interagrovial has its headquarters in Montevideo and main branches in Florida, Tacuarembó, Paysandú, Young, Soriano, Mercedes, and Ombúes de Lavalle. The size of the workshops in those branches ranges from 600 to 1,000 square meters. The company also has small branches where it only sells replacement parts in the towns of Lascano, Durazno, Tarariras, Colonia Valdense, Salto, and Tomás Gomensoro. It has a fleet that includes 33 of its own vehicles and 32 leased vehicles. At the time of the environmental and social due diligence assessment, Interagrovial had 844 machines in stock, including new and used units. [1] Interagrovial offers its clients remote monitoring of the operating parameters of the machinery it sells. The information is continuously transmitted to the Interagrovial headquarters in Montevideo, from which any anomaly is reported to the respective branch, which notifies the client. IDB Invest Fideicomiso Financiero Interagrovial IDB Invest Domenech Pina, Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Agribusiness 30000000 30000000 30000000 Interagrovial Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12190-01 IDB Invest Sigora Haiti (“Sigora”) is a subsidiary of Sigora International (the “Sponsor”). Sigora constructed a microgrid in the communities of Môle Saint Nicolas, Jean Rabel, Bombardopolis and Presqu’ile, which has been operating since May 2017 and which consists of 1.25 megawatts (“MW”) of diesel capacity, 0.2MW of solar capacity, transmission and interconnection infrastructure, as well as smart meter hardware to connect approximately 4,500 residential and commercial customers (the “Pilot Project”). Sigora sells energy to residential customers on a pre-paid basis through independent vendors that collect cash payments from individuals and then transfer funds to the Company via an electronic transfer system. Commercial customers sign one-year PPAs with Sigora providing for the purchase of electricity at a fixed rate in US$/kWh consumed. Sigora intends to expand the Pilot Project by adding wind power and battery capacity, interconnecting the municipalities of Môle Saint Nicolas, Jean Rabel and Bombardopolis, and expanding the grid to reach the municipality of Mare Rouge to provide 24-7 electricity service for a total of 6,600 commercial and residential connections in the Northwest of Haiti (“Cluster 1”). In addition, Sigora plans to build a second, independent, microgrid approximately 200 km south of Cluster 1 in the municipalities of Liancourt, Petite Rivière de l’Artibonite and Dessalines (“Cluster 2”). Cluster 2 will consist of diesel and solar generation combined with battery technology and will allow Sigora to add 15,000 connections. Ultimately, the Project will supply electricity to approximately 21,600 connections, or 110,000 individuals, in eight municipalities. Together the Cluster 1 activities and Cluster 2 activities are the “Project”. IDB Invest is currently considering providing an up to US$3.0 million senior loan and mobilizing up to US$7.0 million in subordinated financing from the Clean Technology Fund to support the Project. Sigora Haiti (“Sigora”) is a subsidiary of Sigora International (the “Sponsor”). Sigora constructed a microgrid in the communities of Môle Saint Nicolas, Jean Rabel, Bombardopolis and Presqu’ile, which has been operating since May 2017 and which consists of 1.25 megawatts (“MW”) of diesel capacity, 0.2MW of solar capacity, transmission and interconnection infrastructure, as well as smart meter hardware to connect approximately 4,500 residential and commercial customers (the “Pilot Project”). Sigora sells energy to residential customers on a pre-paid basis through independent vendors that collect cash payments from individuals and then transfer funds to the Company via an electronic transfer system. Commercial customers sign one-year PPAs with Sigora providing for the purchase of electricity at a fixed rate in US$/kWh consumed. Sigora intends to expand the Pilot Project by adding wind power and battery capacity, interconnecting the municipalities of Môle Saint Nicolas, Jean Rabel and Bombardopolis, and expanding the grid to reach the municipality of Mare Rouge to provide 24-7 electricity service for a total of 6,600 commercial and residential connections in the Northwest of Haiti (“Cluster 1”). In addition, Sigora plans to build a second, independent, microgrid approximately 200 km south of Cluster 1 in the municipalities of Liancourt, Petite Rivière de l’Artibonite and Dessalines (“Cluster 2”). Cluster 2 will consist of diesel and solar generation combined with battery technology and will allow Sigora to add 15,000 connections. Ultimately, the Project will supply electricity to approximately 21,600 connections, or 110,000 individuals, in eight municipalities. Together the Cluster 1 activities and Cluster 2 activities are the “Project”. IDB Invest is currently considering providing an up to US$3.0 million senior loan and mobilizing up to US$7.0 million in subordinated financing from the Clean Technology Fund to support the Project. IDB Invest Sigora Haiti, S.A. IDB Invest Secco Viana, Juan Cruz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Haiti Haiti Energy 1500000 1500000 1500000 Sigora Haiti Microutility Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12381-01 IDB Invest The operation consists of a subordinated financing package of up to US$75,000,000, which will be used to strengthen the equity position of Banco G&T Continental (“GTC” or the “Bank”) in Guatemala. The financing will be channeled to support the Bank’s Small and Medium Enterprise (SME) portfolio growth strategy, with an emphasis on women-led businesses. Specifically, by combining financing and technical assistance, the aim is to replicate and scale-up the program “G&T Mujer” that was developed by the Bank’s subsidiary in El Salvador, and that was awarded in 2016 by the Global Banking Alliance for Women (GBA). It is expected that this project will increase access to finance for SMEs, particularly those led by women. The operation consists of a subordinated financing package of up to US$75,000,000, which will be used to strengthen the equity position of Banco G&T Continental (“GTC” or the “Bank”) in Guatemala. The financing will be channeled to support the Bank’s Small and Medium Enterprise (SME) portfolio growth strategy, with an emphasis on women-led businesses. Specifically, by combining financing and technical assistance, the aim is to replicate and scale-up the program “G&T Mujer” that was developed by the Bank’s subsidiary in El Salvador, and that was awarded in 2016 by the Global Banking Alliance for Women (GBA). It is expected that this project will increase access to finance for SMEs, particularly those led by women. IDB Invest IDB Invest Castro Fonseca, Cristie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Financial Institutions 45000000 45000000 45000000 Banco G&T Continental – SME Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12365-01 IDB Invest S.A. San Miguel A.G.I.C.I. y F. (Argentina); S.A. San Miguel Uruguay, Samifruit Uruguay S.A., San Miguel International Investments S.A. (Uruguay); and Agrícola Hoja Redonda S.A. (Perú) (jointly "San Miguel" or the "Companies") are one of the southern hemisphere’s primary producers and exporters of off-season fresh citrus (180,000 tons of lemon, sweet citrus avocado and grape), and of products derived from citrus crushing with added value (essential oils and essences, juice, pulp and peel). San Miguel is a citrus leader, with a 9% market share of the off-season lemon market and 15% of global lemon crushing volume. IDB Invest’s operation consists of an A/B loan to San Miguel for up to $ 60.0 million, with a nine-year term (seven years for the B loan), a two-year grace period and a guarantee on assets acceptable to IDB Invest. The funds will be used to finance: (i) capital investments for San Miguel’s (agricultural and industrial) growth and maintenance for the years 2018, 2019 and 2020 in Argentina, Uruguay and Peru; (ii) permanent working capital to cover the structural needs of San Miguel’s agricultural business cycle for its operations in Argentina, Uruguay and Peru; and (iii) refinance short- and medium-term debt (the “Project”). S.A. San Miguel A.G.I.C.I. y F. (Argentina); S.A. San Miguel Uruguay, Samifruit Uruguay S.A., San Miguel International Investments S.A. (Uruguay); and Agrícola Hoja Redonda S.A. (Perú) (jointly "San Miguel" or the "Companies") are one of the southern hemisphere’s primary producers and exporters of off-season fresh citrus (180,000 tons of lemon, sweet citrus avocado and grape), and of products derived from citrus crushing with added value (essential oils and essences, juice, pulp and peel). San Miguel is a citrus leader, with a 9% market share of the off-season lemon market and 15% of global lemon crushing volume. IDB Invest’s operation consists of an A/B loan to San Miguel for up to $ 60.0 million, with a nine-year term (seven years for the B loan), a two-year grace period and a guarantee on assets acceptable to IDB Invest. The funds will be used to finance: (i) capital investments for San Miguel’s (agricultural and industrial) growth and maintenance for the years 2018, 2019 and 2020 in Argentina, Uruguay and Peru; (ii) permanent working capital to cover the structural needs of San Miguel’s agricultural business cycle for its operations in Argentina, Uruguay and Peru; and (iii) refinance short- and medium-term debt (the “Project”). IDB Invest San Miguel IDB Invest Jatem, Alejandra Luz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Manufacturing 12000000 12000000 12000000 San Miguel Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12397-01 IDB Invest The financing seeks to support the growth and competitiveness of Les Entreprises Plastech Haiti S.A. and Plastech Solutions S.A. (the “Companies”, “Plastech” or the “Borrowers”), a leading company in the plastic industry in Haiti. Plastech has embarked on a US$10 million multi-year investment plan (2018-2020) that includes: i) a recycling project to use recycled material to produce different products (e.g. PET from used bottles; ii) solar power generator and distribution equipment including an LNG component to reduce the company’s carbon print and energy costs, one of the main hurdles to Plastech’s growth; iii) industrial machinery and equipment with more efficient technology; iv) purchase of equipment for excess heat recovery system; and v) debt refinancing. IDB Invest financing will have a 10-year tenor including 12 months of grace period. Please see amendment. AMENDMENT: November 6, 2018 The financing seeks to support the growth and competitiveness of Les Entreprises Plastech Haiti S.A. and Plastech Solutions S.A. (the “Companies”, “Plastech” or the “Borrowers”), a leading company in the plastic industry in Haiti. Plastech has embarked on a US$14 million multi-year investment plan (2018-2021) that includes: i) a recycling project to use recycled material to produce different products (e.g. PET from used bottles; ii) solar power generator and distribution equipment including an LNG component to reduce the company’s carbon print and energy costs, one of the main hurdles to Plastech’s growth; iii) industrial machinery and equipment with more efficient technology; iv) purchase of equipment for excess heat recovery system and additional working capital; and v) debt refinancing. IDB Invest financing will have a 10-year tenor including 12 months of grace period. The financing seeks to support the growth and competitiveness of Les Entreprises Plastech Haiti S.A. and Plastech Solutions S.A. (the “Companies”, “Plastech” or the “Borrowers”), a leading company in the plastic industry in Haiti. Plastech has embarked on a US$10 million multi-year investment plan (2018-2020) that includes: i) a recycling project to use recycled material to produce different products (e.g. PET from used bottles; ii) solar power generator and distribution equipment including an LNG component to reduce the company’s carbon print and energy costs, one of the main hurdles to Plastech’s growth; iii) industrial machinery and equipment with more efficient technology; iv) purchase of equipment for excess heat recovery system; and v) debt refinancing. IDB Invest financing will have a 10-year tenor including 12 months of grace period. Please see amendment. AMENDMENT: November 6, 2018 The financing seeks to support the growth and competitiveness of Les Entreprises Plastech Haiti S.A. and Plastech Solutions S.A. (the “Companies”, “Plastech” or the “Borrowers”), a leading company in the plastic industry in Haiti. Plastech has embarked on a US$14 million multi-year investment plan (2018-2021) that includes: i) a recycling project to use recycled material to produce different products (e.g. PET from used bottles; ii) solar power generator and distribution equipment including an LNG component to reduce the company’s carbon print and energy costs, one of the main hurdles to Plastech’s growth; iii) industrial machinery and equipment with more efficient technology; iv) purchase of equipment for excess heat recovery system and additional working capital; and v) debt refinancing. IDB Invest financing will have a 10-year tenor including 12 months of grace period. IDB Invest Plastech Solutions S.A. and Les Enterprises Haiti Solutions S.A. IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Haiti Haiti Manufacturing 10000000 10000000 10000000 PLASTECH Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12357-01 IDB Invest The project consists of a subordinate (tier 2) loan for up to the PEN equivalent of US$22.8 million granted to the Caja Municipal de Ahorro y Crédito de Huancayo S.A. (“Caja Huancayo”), convertible to common shares with voting rights for up to 8.99% of equity. The objective is to support the growth and consolidation of Caja Huancayo in the Peruvian microfinance industry. This would be the first IDB Invest transaction with Caja Huancayo, which could become the first IDB Invest equity investment in a municipal entity. Updated project scope and objective:The project became a capital investment for up to the PEN 61.16 million (aprox. US$16 million) granted to the Caja Municipal de Ahorro y Crédito de Huancayo S.A. (“Caja Huancayo”), convertible to common shares with voting rights in November 2024. The objective is to support the growth and consolidation of Caja Huancayo in the Peruvian microfinance industry. This would be the first equity investment in a municipal entity (Caja Municipal de Ahorro y Crédito) in Peru. The project consists of a subordinate (tier 2) loan for up to the PEN equivalent of US$22.8 million granted to the Caja Municipal de Ahorro y Crédito de Huancayo S.A. (“Caja Huancayo”), convertible to common shares with voting rights for up to 8.99% of equity. The objective is to support the growth and consolidation of Caja Huancayo in the Peruvian microfinance industry. This would be the first IDB Invest transaction with Caja Huancayo, which could become the first IDB Invest equity investment in a municipal entity. Updated project scope and objective:The project became a capital investment for up to the PEN 61.16 million (aprox. US$16 million) granted to the Caja Municipal de Ahorro y Crédito de Huancayo S.A. (“Caja Huancayo”), convertible to common shares with voting rights in November 2024. The objective is to support the growth and consolidation of Caja Huancayo in the Peruvian microfinance industry. This would be the first equity investment in a municipal entity (Caja Municipal de Ahorro y Crédito) in Peru. IDB Invest Caja Municipal de Ahorro y Crédito Huancayo S.A. IDB Invest Navarro Barrero, Maria Paula +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 22800000 22800000 22800000 CMAC Huancayo Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12401-01 IDB Invest This project is one of IDB Invest’s initial incursions into supporting a cutting-edge, digitally-enabled business model which is disrupting the urban transport sector. The proposed financing consists of (i) an A Loan of up to US$40 million and (ii) a B-Loan of approximately US$30 million to support Maxi Mobility’s growth plan in Latin America and the Caribbean (LAC). The financing will be used for new customer and driver acquisition, platform improvements and partly to refinance existing venture debt ($20 million) as well as for developing new initiatives in adjacent business lines and increase its investment in Glovo Latin America (courier/logistics services). Maxi Mobility is a ride hailing company with headquarters in Spain and with operations in LAC (Mexico, Chile, Peru, Brazil, Panama, Ecuador, Argentina, Dominican Republic, and Uruguay), Spain and Portugal. Maxi Mobility provides vehicles for hire via its smartphone mobile apps Cabify and EasyTaxi which operate as the contact point between passengers and private drivers. This project is one of IDB Invest’s initial incursions into supporting a cutting-edge, digitally-enabled business model which is disrupting the urban transport sector. The proposed financing consists of (i) an A Loan of up to US$40 million and (ii) a B-Loan of approximately US$30 million to support Maxi Mobility’s growth plan in Latin America and the Caribbean (LAC). The financing will be used for new customer and driver acquisition, platform improvements and partly to refinance existing venture debt ($20 million) as well as for developing new initiatives in adjacent business lines and increase its investment in Glovo Latin America (courier/logistics services). Maxi Mobility is a ride hailing company with headquarters in Spain and with operations in LAC (Mexico, Chile, Peru, Brazil, Panama, Ecuador, Argentina, Dominican Republic, and Uruguay), Spain and Portugal. Maxi Mobility provides vehicles for hire via its smartphone mobile apps Cabify and EasyTaxi which operate as the contact point between passengers and private drivers. IDB Invest Maxi Mobility Inc. IDB Invest Piffaretti, Pablo Eduardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Digital Economy 12000000 12000000 12000000 Cabify - Maxi Mobility Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO-L1158 IDB Invest The objective of the Project is to provide financing to microentrepreneurs located in municipal capitals, rural areas and urban areas of Colombia. To achieve this objective, the proposal is to grant a loan of up to US$20 million equal to about COP58.616 billion with a three-year term and a grace period of up to one year. This will allow Banco Mundo Mujer ("BMM") to diversify its sources of financing and continue the growth of its portfolio in a strategic sector for IDB Invest. The objective of the Project is to provide financing to microentrepreneurs located in municipal capitals, rural areas and urban areas of Colombia. To achieve this objective, the proposal is to grant a loan of up to US$20 million equal to about COP58.616 billion with a three-year term and a grace period of up to one year. This will allow Banco Mundo Mujer ("BMM") to diversify its sources of financing and continue the growth of its portfolio in a strategic sector for IDB Invest. IDB Invest IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12416-01 IDB Invest The proposed operation contemplates a Senior Unsecured Loan to Banco Regional S.A.E.C.A. (“Regional”) of up to US$ 50million (the "Loan") to be financed by BID Invest. The Loan will be comprised of two tranches: (i) Tranche I: for an amount of up to US$12 million for a term of seven years, and (ii) Tranche II: for an amount up to US$38 million for a term of five years. The funds of the Loan will be used to finance sub-projects in companies within these sectors: agriculture, livestock, and agribusiness. The Project will include a Technical Assistance (“TA”) that will help Regional identify and monitor the financing of green lending opportunities that fall within emerging climate smart agriculture criteria. The proposed operation contemplates a Senior Unsecured Loan to Banco Regional S.A.E.C.A. (“Regional”) of up to US$ 50million (the "Loan") to be financed by BID Invest. The Loan will be comprised of two tranches: (i) Tranche I: for an amount of up to US$12 million for a term of seven years, and (ii) Tranche II: for an amount up to US$38 million for a term of five years. The funds of the Loan will be used to finance sub-projects in companies within these sectors: agriculture, livestock, and agribusiness. The Project will include a Technical Assistance (“TA”) that will help Regional identify and monitor the financing of green lending opportunities that fall within emerging climate smart agriculture criteria. IDB Invest Banco Regional S.A.E.C.A. IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 50000000 50000000 50000000 Banco Regional Agribusiness Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12343-01 IDB Invest The proposed operation contemplates a Senior Unsecured Loan of up to US$7 million (the "Loan") to be financed by IDB Invest. The term of the Loan is one year, renewable four times more for periods of up to one (1) year, at the discretion of IDB Invest. Loan funds will be used to finance Small and Medium-Sized Enterprises ("SMEs") through factoring and financial leasing operations. The proposed operation contemplates a Senior Unsecured Loan of up to US$7 million (the "Loan") to be financed by IDB Invest. The term of the Loan is one year, renewable four times more for periods of up to one (1) year, at the discretion of IDB Invest. Loan funds will be used to finance Small and Medium-Sized Enterprises ("SMEs") through factoring and financial leasing operations. IDB Invest Primus Capital SpA IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 10000000 10000000 10000000 Primus Capital SME Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12310-01 IDB Invest This operation consists of a secured senior loan of US$20 million to partially finance the truck and bus credit sales plan of Maquinarias y Vehículos S.A. (Mavesa or the “Company”), in which the main beneficiaries are Ecuadoran small and medium-sized enterprises (SMEs). The resources of the IDB Group will make it possible to reduce the Company’s long-term funding gap and increase the number of SMEs with access to productive assets through the direct credit offered by Mavesa, which consists of up to 70% financing of the vehicles, which may amount to as much as US$100,000 on an individual basis. This operation consists of a secured senior loan of US$20 million to partially finance the truck and bus credit sales plan of Maquinarias y Vehículos S.A. (Mavesa or the “Company”), in which the main beneficiaries are Ecuadoran small and medium-sized enterprises (SMEs). The resources of the IDB Group will make it possible to reduce the Company’s long-term funding gap and increase the number of SMEs with access to productive assets through the direct credit offered by Mavesa, which consists of up to 70% financing of the vehicles, which may amount to as much as US$100,000 on an individual basis. IDB Invest Maquinarias y Vehículos S.A. IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing 20000000 20000000 20000000 Mavesa Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12339-01 IDB Invest The objective of this transaction is to increase access to financing for Small and Medium Enterprises (“SMEs”) in Costa Rica by supporting the growth of Financiera Desyfin, S.A.’s (“Desyfin”) SME portfolio through factoring and leasing products. To do this, IDB Invest is proposing a Senior Unsecured Loan of up to US$5 million to Desyfin (the “Project”). The term of the IDB Invest Loan will be up to three years, including one year of grace. The objective of this transaction is to increase access to financing for Small and Medium Enterprises (“SMEs”) in Costa Rica by supporting the growth of Financiera Desyfin, S.A.’s (“Desyfin”) SME portfolio through factoring and leasing products. To do this, IDB Invest is proposing a Senior Unsecured Loan of up to US$5 million to Desyfin (the “Project”). The term of the IDB Invest Loan will be up to three years, including one year of grace. IDB Invest Financiera Desyfin, S.A IDB Invest Joya Silva, Sindy Elena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 5000000 5000000 5000000 Partnership with Desyfin for Leasing and Factoring Financing with SMEs in Costa Rica Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12325-01 IDB Invest The proposed operation includes: a partial credit guarantee of up to 32,270,000 Soles Peruanos (“PEN”) to be issued in favor of a Local Bank to be determined (“LB”). LB will provide a loan in PEN to Cooperativa de Ahorro y Crédito Pacífico (the “Loan”) for up to PEN32,000,000 approximately, and BID Invest will grant a guarantee in favor of LB covering the credit risk of Cooperativa de Ahorro y Crédito Pacífico (“Guarantee”) under the Loan. The Loan will have a term of up to five years and quarterly amortization. The use of funds for the Loan will be to finance Small and Medium-Sized Enterprises (“SMEs”) in the productive sector of Peru. The proposed operation includes: a partial credit guarantee of up to 32,270,000 Soles Peruanos (“PEN”) to be issued in favor of a Local Bank to be determined (“LB”). LB will provide a loan in PEN to Cooperativa de Ahorro y Crédito Pacífico (the “Loan”) for up to PEN32,000,000 approximately, and BID Invest will grant a guarantee in favor of LB covering the credit risk of Cooperativa de Ahorro y Crédito Pacífico (“Guarantee”) under the Loan. The Loan will have a term of up to five years and quarterly amortization. The use of funds for the Loan will be to finance Small and Medium-Sized Enterprises (“SMEs”) in the productive sector of Peru. IDB Invest Cooperativa de Ahorro y Crédito Pacífico IDB Invest Vega Montoro, Henry William +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 10000000 10000000 10000000 Cooperativa de Ahorro y Crédito Pacífico (“Pacífico”) Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12264-01 IDB Invest The proposed loan for Banco Panameño de la Vivienda ("Banvivienda") is for up to US$25 million to support the growth of its agricultural and livestock client base in Panama. The objective of this transaction is to support Banvivienda in financing its agricultural and livestock clients, of which the majority are small and medium size-enterprises (“SMEs”), mainly in the regions of Chiriquí, Azuero, and Darien. The term of the IDB Invest Loan is expected to be up to 5 years, including one year of grace. The Loan will be complemented by IDB Invest Technical Assistance to support Banvivienda’s agricultural and livestock client base in implementing Climate Smart Agriculture practices, including energy efficiency measures, renewable energy solutions, water and irrigation systems, among others. The proposed loan for Banco Panameño de la Vivienda ("Banvivienda") is for up to US$25 million to support the growth of its agricultural and livestock client base in Panama. The objective of this transaction is to support Banvivienda in financing its agricultural and livestock clients, of which the majority are small and medium size-enterprises (“SMEs”), mainly in the regions of Chiriquí, Azuero, and Darien. The term of the IDB Invest Loan is expected to be up to 5 years, including one year of grace. The Loan will be complemented by IDB Invest Technical Assistance to support Banvivienda’s agricultural and livestock client base in implementing Climate Smart Agriculture practices, including energy efficiency measures, renewable energy solutions, water and irrigation systems, among others. IDB Invest Banco Panameño de la Vivienda, S.A. ("Banvivienda") IDB Invest Eskildsen Alfaro, Jan Petter +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 25000000 25000000 25000000 Banvivienda Agricultural Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12273-01 IDB Invest The IDB Invest is proposing an Equity Investment for up to US$10 million as a limited partner in Riverwood Capital Partners Latam L.P., private equity fund targeting investments in businesses in the global technology, technology-enabled and related industries, including businesses in the financial services, consumer and services sectors where the use of information, digital, software and similar technologies can contribute to value creation. The investments are expected to consist primarily (but not exclusively) of investments in growth, expansion or later stage businesses. The IDB Invest is proposing an Equity Investment for up to US$10 million as a limited partner in Riverwood Capital Partners Latam L.P., private equity fund targeting investments in businesses in the global technology, technology-enabled and related industries, including businesses in the financial services, consumer and services sectors where the use of information, digital, software and similar technologies can contribute to value creation. The investments are expected to consist primarily (but not exclusively) of investments in growth, expansion or later stage businesses. IDB Invest Riverwood Capital Partners Latam L.P. IDB Invest de Beaufort, Lucas +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 10000000 10000000 10000000 Riverwood Latin America Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12361-01 IDB Invest IDB Invest is considering providing financing up to US$15,000,000 to a future rural mobile infrastructure operator IPT SAC ("IPT"), which currently has Telefónica del Perú and potentially other (“DFIs”) as shareholders. The company aims to sustainably connect the unconnected and underserved populations of Peru through an innovative rural connectivity business model. IDB Invest's investment would be subject to certain conditions being met, including the Company agreeing to comply with IDB Invest's environment and social policies whilst IDB Invest is a shareholder. IDB Invest is considering providing financing up to US$15,000,000 to a future rural mobile infrastructure operator IPT SAC ("IPT"), which currently has Telefónica del Perú and potentially other (“DFIs”) as shareholders. The company aims to sustainably connect the unconnected and underserved populations of Peru through an innovative rural connectivity business model. IDB Invest's investment would be subject to certain conditions being met, including the Company agreeing to comply with IDB Invest's environment and social policies whilst IDB Invest is a shareholder. IDB Invest IPT SAC IDB Invest Vega Aldana, Mario Andres +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Digital Economy 18000000 18000000 18000000 Rural Connectivity Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11600-03 IDB Invest The proposed Project includes an unsecured senior loan for up to US$50 million for Banco Patagonia S.A. (“Patagonia”) that will allow that institution to support the financing of investment projects in small and medium-sized enterprises ("SMEs") in Argentina with a focus on the agricultural sector. The proposed loan will provide Patagonia with: (i) an A loan from IDB Invest for up to US$18 million; and (ii) another A loan from the Inter-American Development Bank ("IDB") for up to US$32 million. Total IDB Group financing will be disbursed over a maximum term of seven years in various tranches, for terms of three, four, and seven years. In addition, efforts will be made to mobilize additional funds from B lenders. The proposed Project includes an unsecured senior loan for up to US$50 million for Banco Patagonia S.A. (“Patagonia”) that will allow that institution to support the financing of investment projects in small and medium-sized enterprises ("SMEs") in Argentina with a focus on the agricultural sector. The proposed loan will provide Patagonia with: (i) an A loan from IDB Invest for up to US$18 million; and (ii) another A loan from the Inter-American Development Bank ("IDB") for up to US$32 million. Total IDB Group financing will be disbursed over a maximum term of seven years in various tranches, for terms of three, four, and seven years. In addition, efforts will be made to mobilize additional funds from B lenders. IDB Invest Banco Patagonia S.A. IDB Invest Patti, Lucila Andrea +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions 12000000 12000000 12000000 Agribusiness Financing Partnership with Banco Patagonia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12333-01 IDB Invest The proposed project includes a financing mechanism for up to US$50 million (“Sustainable Financing Mechanism”) for Banco de la Ciudad de Buenos Aires (“Banco Ciudad”) that will allow that institution to finance subprojects with important environmental benefits in Argentina, primarily targeting the renewable energy and energy efficiency sectors, although it will also seek to support other investments intended to mitigate the effects of climate change (“Sustainable Projects”). The Sustainable Financing Mechanism will provide Ciudad with an unsecured senior loan consisting of: (i) Tranche I for up to US$25 million with a term of up to seven years; and (ii) Tranche II for up to US$25 million with a term of up to five years. Both Tranches will be directed to financing other sustainable projects that require longer amortization terms. The proposed project includes a financing mechanism for up to US$50 million (“Sustainable Financing Mechanism”) for Banco de la Ciudad de Buenos Aires (“Banco Ciudad”) that will allow that institution to finance subprojects with important environmental benefits in Argentina, primarily targeting the renewable energy and energy efficiency sectors, although it will also seek to support other investments intended to mitigate the effects of climate change (“Sustainable Projects”). The Sustainable Financing Mechanism will provide Ciudad with an unsecured senior loan consisting of: (i) Tranche I for up to US$25 million with a term of up to seven years; and (ii) Tranche II for up to US$25 million with a term of up to five years. Both Tranches will be directed to financing other sustainable projects that require longer amortization terms. IDB Invest Banco de la Ciudad de Buenos Aires IDB Invest Patti, Lucila Andrea +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions 12000000 12000000 12000000 Agreement with Banco Ciudad for Financing of Green Products Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12199-01 IDB Invest The proposed loan for Crédito Real S.A.B. de C.V., SOFOM E.R. ("Crédito Real") is for up to the Mexican peso (“MEX$”) equivalent of US$50 million, or MEX$1 billion, whichever is less, to support the growth of small and medium-sized enterprises ("SMEs") in Mexico. The Project seeks to promote access to financing for SMEs led by women in Mexico through financial products such as leasing, which provide a comprehensive approach to serving the female market. The term of the IDB Invest Loan is expected to be up to five years, and the Loan will be complemented by IDB Invest technical assistance to support the efforts of Crédito Real to become a role model for leasing operations with a gender focus. The proposed loan for Crédito Real S.A.B. de C.V., SOFOM E.R. ("Crédito Real") is for up to the Mexican peso (“MEX$”) equivalent of US$50 million, or MEX$1 billion, whichever is less, to support the growth of small and medium-sized enterprises ("SMEs") in Mexico. The Project seeks to promote access to financing for SMEs led by women in Mexico through financial products such as leasing, which provide a comprehensive approach to serving the female market. The term of the IDB Invest Loan is expected to be up to five years, and the Loan will be complemented by IDB Invest technical assistance to support the efforts of Crédito Real to become a role model for leasing operations with a gender focus. IDB Invest Crédito Real S.A.B. de C.V., SOFOM, E.R. IDB Invest Piffaretti, Pablo Eduardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 12000000 12000000 12000000 Crédito Real Women-Led SME Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11864-02 IDB Invest The proposed operation consists of a note subscription under Banco Industrial’s financial future flow securitization program. Banco Industrial will issue around US$300 million under its existing Diversified Payments Rights Program (the “Program”). And the IDB Group will purchase US$100 million in notes with a tenor of up to 11 years. The use of funds will be to expand Banco Industrial’s residential mortgage portfolio for low and middle-income segments, as well as to finance micro, small and medium enterprises ("MSMEs") in the productive sector of Guatemala. The proposed operation consists of a note subscription under Banco Industrial’s financial future flow securitization program. Banco Industrial will issue around US$300 million under its existing Diversified Payments Rights Program (the “Program”). And the IDB Group will purchase US$100 million in notes with a tenor of up to 11 years. The use of funds will be to expand Banco Industrial’s residential mortgage portfolio for low and middle-income segments, as well as to finance micro, small and medium enterprises ("MSMEs") in the productive sector of Guatemala. IDB Invest Banco Industrial Guatemala IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Financial Institutions 40000000 40000000 40000000 Banco Industrial DPR Financing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12200-01 IDB Invest Procsa’s core activity is the development, design, construction and sale of housing units in Mexico City and the State of Mexico, most of which are classified as middle-income housing. Since its founding more than 55 years ago, Procsa has provided housing solutions for more than 16,000 families in the country.The operation with IDB Invest consists of a long-term financing program for MX$150 million. Its purpose will be to finance the acquisition of land for the development, construction and sale of vertical and horizontal housing in Mexico City and the State of Mexico as well as to provide financing to partially cover the company’s working capital requirements. Procsa’s core activity is the development, design, construction and sale of housing units in Mexico City and the State of Mexico, most of which are classified as middle-income housing. Since its founding more than 55 years ago, Procsa has provided housing solutions for more than 16,000 families in the country.The operation with IDB Invest consists of a long-term financing program for MX$150 million. Its purpose will be to finance the acquisition of land for the development, construction and sale of vertical and horizontal housing in Mexico City and the State of Mexico as well as to provide financing to partially cover the company’s working capital requirements. IDB Invest Promotora Procsa S.A.P.I. de C.V.; La Casa Espacio Inmobiliario S.A. de C.V.; Casas Procsa S.A. de C.V. IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Social Infrastructure 8054380 8054380 8054380 Procsa II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12283-01 IDB Invest The objective of the project is to Support CTH to (i) promote RMBS issuances in the Ecuadorean market; and (ii) increase the availability of mortgage financing for low to middle income segments of the population.The transaction consists of a warehousing line of up to US$15 million, with an availability period of up to 4.5 years and a tenor of up to 15 years. CTH will use the proceeds of the line to originate, purchase and accumulate residential mortgages for their securitization in the capital markets. The proceeds from each RMBS Will be used to repaid IDB Invest’s financing and will be once again available for subsequent disbursements. The project expects to Support US$45 million in RMBS. CTH will target low and middle-income segments of the population. The objective of the project is to Support CTH to (i) promote RMBS issuances in the Ecuadorean market; and (ii) increase the availability of mortgage financing for low to middle income segments of the population.The transaction consists of a warehousing line of up to US$15 million, with an availability period of up to 4.5 years and a tenor of up to 15 years. CTH will use the proceeds of the line to originate, purchase and accumulate residential mortgages for their securitization in the capital markets. The proceeds from each RMBS Will be used to repaid IDB Invest’s financing and will be once again available for subsequent disbursements. The project expects to Support US$45 million in RMBS. CTH will target low and middle-income segments of the population. IDB Invest CTH S.A. IDB Invest Domenech Pina, Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 15000000 15000000 15000000 CTH Mortgage Warehousing Line Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12309-01 IDB Invest The Borrowers, owners of two solar photovoltaic power plants of 50MWp and 17MWp are seeking to refinance its current financing through an IDB Invest Senior and Subordinated A/B Bond. The B-Bond will be sold into the private placement market under section 4 (a) (2) of the 1933 U.S. Securities and Exchange Commission Act.The proceeds will be used to: i) refinance the existing construction loan, and ii) pay related costs. As part of the financial plan the IDB Invest will provide a Senior A Loan for approximately US$10million, a Subordinate A loan of approximately US$2million. The tenor of the Senior A Loan and B Bond will be 25 years, and up to 15 years for the Subordinated A Loan and B Bond.El Naranjal and Del Litoral (the “Generators”) are 50MW (AC)/59MW peak (DC) and 16MW (AC)/ 17MW peak (DC) photovoltaic (“PV”) power plants, each one with its associated facilities. Both use Ingeteam inverters and NextTrackr trackers, are located in Salto, Department of Salto, Uruguay, and currently operate under a 30-year Power Purchase Agreement (“PPA”) with the Administración Nacional de Usinas y Trasmisiones Eléctricas (“UTE”), the state-owned utility company of Uruguay. The Borrowers, owners of two solar photovoltaic power plants of 50MWp and 17MWp are seeking to refinance its current financing through an IDB Invest Senior and Subordinated A/B Bond. The B-Bond will be sold into the private placement market under section 4 (a) (2) of the 1933 U.S. Securities and Exchange Commission Act.The proceeds will be used to: i) refinance the existing construction loan, and ii) pay related costs. As part of the financial plan the IDB Invest will provide a Senior A Loan for approximately US$10million, a Subordinate A loan of approximately US$2million. The tenor of the Senior A Loan and B Bond will be 25 years, and up to 15 years for the Subordinated A Loan and B Bond.El Naranjal and Del Litoral (the “Generators”) are 50MW (AC)/59MW peak (DC) and 16MW (AC)/ 17MW peak (DC) photovoltaic (“PV”) power plants, each one with its associated facilities. Both use Ingeteam inverters and NextTrackr trackers, are located in Salto, Department of Salto, Uruguay, and currently operate under a 30-year Power Purchase Agreement (“PPA”) with the Administración Nacional de Usinas y Trasmisiones Eléctricas (“UTE”), the state-owned utility company of Uruguay. IDB Invest Collidim S.A. and Jolipack S.A. IDB Invest Diaz Gomez, Anahi +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Energy 12500000 12500000 12500000 El Naranjal y Del Litoral Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12240-01 IDB Invest The Project will support the company´s 2017-2020 investment program which includes: (i) construction of three ceramic tiles production lines (equipment imported from Italy), (ii) construction of a distribution center, (iii) energy efficiency improvements, (iv) investments in safety standards requirements, (v) production automatization, and (vi) recovery of mining facilities. The financing will also include working capital, debt refinancing and maintenance capex as use of proceeds. Eliane, founded in 1960, is the second largest ceramic tile producer (using the wet milling process) in Brazil. The company has been producing wall and floor ceramic tiles since 1960. Eliane is currently managed by Edson Gaidzinski Junior. The Project will support the company´s 2017-2020 investment program which includes: (i) construction of three ceramic tiles production lines (equipment imported from Italy), (ii) construction of a distribution center, (iii) energy efficiency improvements, (iv) investments in safety standards requirements, (v) production automatization, and (vi) recovery of mining facilities. The financing will also include working capital, debt refinancing and maintenance capex as use of proceeds. Eliane, founded in 1960, is the second largest ceramic tile producer (using the wet milling process) in Brazil. The company has been producing wall and floor ceramic tiles since 1960. Eliane is currently managed by Edson Gaidzinski Junior. IDB Invest Eliane S.A. IDB Invest Parodi, Juan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Manufacturing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12313-01 IDB Invest IDB Invest is considering making an investment of up to BRL150,000,000 in securities of the credit rights investment fund (“FIDC” in the Portuguese acronym) constituted in Brazil. The investment will be made in the local currency of Brazil. The proceeds from this operation will be used to acquire credit rights originated from loans provided to small and medium enterprises operating on the on-line commerce platform (the “Platform” or the “Client”) in Brazil. IDB Invest's commitment to the purchase of the securities would be subject to compliance with certain conditions, including the acceptance by the company of compliance with the environmental and social policies of IDB Invest while IDB Invest holds the securities of FIDC. IDB Invest is considering making an investment of up to BRL150,000,000 in securities of the credit rights investment fund (“FIDC” in the Portuguese acronym) constituted in Brazil. The investment will be made in the local currency of Brazil. The proceeds from this operation will be used to acquire credit rights originated from loans provided to small and medium enterprises operating on the on-line commerce platform (the “Platform” or the “Client”) in Brazil. IDB Invest's commitment to the purchase of the securities would be subject to compliance with certain conditions, including the acceptance by the company of compliance with the environmental and social policies of IDB Invest while IDB Invest holds the securities of FIDC. IDB Invest MercadoLibre, Inc. IDB Invest Da Cruz Carneiro, Bruno +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Digital Economy 50000000 50000000 50000000 Proyecto DCM #5 Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12297-01 IDB Invest The proposed financing consists of a committed annual revolving line to Agrofertil S.A. (“Agrofertil”) for up to US$30 million, with a term of up to four years. The company will use these funds to purchase agricultural inputs that will sell later to producers with financing terms of up to 360 days, seeking to replace suppliers’ credit lines that today grant maximum terms of up to 180 days. The proposed credit line would be IDB Invest’s fifth operation with Agrofertil. The first was in 2005 (US$2 million), the second in 2008 (US$2 million), the third in 2010 (another US$5 million) and the fourth and current operation was in 2015 (US$6 million with a balance of US$3.6 million). Agrofertil is Paraguay’s leading company in the distribution of agricultural inputs and also provides producers with services for technical assistance and in the purchase, storage, and sale of grains (soy, corn, wheat, sunflower and others). The proposed financing consists of a committed annual revolving line to Agrofertil S.A. (“Agrofertil”) for up to US$30 million, with a term of up to four years. The company will use these funds to purchase agricultural inputs that will sell later to producers with financing terms of up to 360 days, seeking to replace suppliers’ credit lines that today grant maximum terms of up to 180 days. The proposed credit line would be IDB Invest’s fifth operation with Agrofertil. The first was in 2005 (US$2 million), the second in 2008 (US$2 million), the third in 2010 (another US$5 million) and the fourth and current operation was in 2015 (US$6 million with a balance of US$3.6 million). Agrofertil is Paraguay’s leading company in the distribution of agricultural inputs and also provides producers with services for technical assistance and in the purchase, storage, and sale of grains (soy, corn, wheat, sunflower and others). IDB Invest Agrofertil S.A. IDB Invest Beretta Tassano, Patricio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Agribusiness 30000000 30000000 30000000 Agrofertil Supply Finance Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12221-01 IDB Invest The Project consists of an Equity Investment up to US$10 million as a limited partner in Stratus Capital Partners III. The Fund is the third fund with a middle-market strategy managed by Stratus Corporation through its Brazilian subsidiary Stratus Gestão de Carteiras Ltda. (the “Fund Manager” or “Stratus”), to invest in companies already operating in Brazil or with business plans to expand its operations to Brazil. The IDB Invest’s participation is expected to play a key role in attracting additional international investors and sending a strong signal from an institution with significant exposure and experience in the region and will allow the Fund to reach the necessary scale to effectively execute its investment strategy and reach its size of US$200 million. SCP III is a multi-sector fund that will invest capital in middle market companies with business plans combining both organic growth and add-on acquisitions. The Fund will diversify its portfolio of investments in sectors such as: (a) healthcare services; (b) education; (c) processed food; (d) logistics; (e) specialty services; (f) business services; (g) consumer services; (h) marketing and commerce distribution (retail and/or wholesale, etc.). The IDB Invest’s involvement is instrumental for the coexistence of local players in a highly dynamic market with very well-known international players. Furthermore, the IDB Invest’s participation in the Fund would benefit a segment of small and medium-sized enterprises that has been relatively underserved by the main private equity funds in Brazil. Stratus is making an effort to identify investments in regions and cities outside Brazil’s metropolitan areas, as well as to engage businesses that may encompass a regional perspective and/or a broad international expansion. Furthermore, IDB Invest’s investment will increase availability of private equity for growth-oriented, mid-market companies in Brazil, contributing to increased competitiveness and economic growth in the country. Such availability will come to add a better balance in today’s market inefficiency, helping to remove restrictions from the country / regional entrepreneurial ecosystem. The Fund will acquire equity positions with defined exit strategies, with investment tickets between US$10 million and US$50 million in companies that are generating revenues in the range of US$30 million to US$200 million. The Project consists of an Equity Investment up to US$10 million as a limited partner in Stratus Capital Partners III. The Fund is the third fund with a middle-market strategy managed by Stratus Corporation through its Brazilian subsidiary Stratus Gestão de Carteiras Ltda. (the “Fund Manager” or “Stratus”), to invest in companies already operating in Brazil or with business plans to expand its operations to Brazil. The IDB Invest’s participation is expected to play a key role in attracting additional international investors and sending a strong signal from an institution with significant exposure and experience in the region and will allow the Fund to reach the necessary scale to effectively execute its investment strategy and reach its size of US$200 million. SCP III is a multi-sector fund that will invest capital in middle market companies with business plans combining both organic growth and add-on acquisitions. The Fund will diversify its portfolio of investments in sectors such as: (a) healthcare services; (b) education; (c) processed food; (d) logistics; (e) specialty services; (f) business services; (g) consumer services; (h) marketing and commerce distribution (retail and/or wholesale, etc.). The IDB Invest’s involvement is instrumental for the coexistence of local players in a highly dynamic market with very well-known international players. Furthermore, the IDB Invest’s participation in the Fund would benefit a segment of small and medium-sized enterprises that has been relatively underserved by the main private equity funds in Brazil. Stratus is making an effort to identify investments in regions and cities outside Brazil’s metropolitan areas, as well as to engage businesses that may encompass a regional perspective and/or a broad international expansion. Furthermore, IDB Invest’s investment will increase availability of private equity for growth-oriented, mid-market companies in Brazil, contributing to increased competitiveness and economic growth in the country. Such availability will come to add a better balance in today’s market inefficiency, helping to remove restrictions from the country / regional entrepreneurial ecosystem. The Fund will acquire equity positions with defined exit strategies, with investment tickets between US$10 million and US$50 million in companies that are generating revenues in the range of US$30 million to US$200 million. IDB Invest Stratus Capital Partners III (the “Fund” or “SCP III”) IDB Invest Vargas Gomez, Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 10000000 10000000 10000000 Stratus Capital Partners III Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12117-01 IDB Invest The objective of this financing is to channel medium-term resources to Banco de la Producción S.A. (“Produbanco” or the “Bank”) to finance small and medium-sized enterprises (SMEs), as well as a green credit line for SMEs. The financing package consists of: (1) A senior unsecured loan of up to US$30 million, composed as follows: (i) US$12 million from IDB Invest; (ii) US$13 million from IDB; and (iii) US$5 million mobilized through a potential co-financing, to be financed by IDB Invest in its capacity as administrator of the Chinese Fund for Co-financing for Latin America and the Caribbean (the “Fund”). The term of the senior loans is up to five years with one-year of grace period; and (2) A potential subordinated loan of up to US$20 million is being considered. The subordinated loan consists of: (i) US$2 million (uncommitted) from IDB Invest and (ii) US$18 million from a B lender. The term for this subordinated financing will be up to eight years bullet. The remaining terms and conditions are subject to negotiation with the client, once the B lender formally confirms its participation in this operation. The Project also includes a Technical Assistance (“TA”) to provide diagnostic, training and promotion tools to Produbanco with the objective of improving and promoting its green lending products. The TA will provide direct and indirect support to Produbanco’s SME clients to be the beneficiaries of these sustainable financial products and thereby increase their access to green financing. The objective of this financing is to channel medium-term resources to Banco de la Producción S.A. (“Produbanco” or the “Bank”) to finance small and medium-sized enterprises (SMEs), as well as a green credit line for SMEs. The financing package consists of: (1) A senior unsecured loan of up to US$30 million, composed as follows: (i) US$12 million from IDB Invest; (ii) US$13 million from IDB; and (iii) US$5 million mobilized through a potential co-financing, to be financed by IDB Invest in its capacity as administrator of the Chinese Fund for Co-financing for Latin America and the Caribbean (the “Fund”). The term of the senior loans is up to five years with one-year of grace period; and (2) A potential subordinated loan of up to US$20 million is being considered. The subordinated loan consists of: (i) US$2 million (uncommitted) from IDB Invest and (ii) US$18 million from a B lender. The term for this subordinated financing will be up to eight years bullet. The remaining terms and conditions are subject to negotiation with the client, once the B lender formally confirms its participation in this operation. The Project also includes a Technical Assistance (“TA”) to provide diagnostic, training and promotion tools to Produbanco with the objective of improving and promoting its green lending products. The TA will provide direct and indirect support to Produbanco’s SME clients to be the beneficiaries of these sustainable financial products and thereby increase their access to green financing. IDB Invest Banco de la Producción, S.A. IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 14000000 14000000 14000000 PRODUBANCO Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12266-01 IDB Invest The proposed operation contemplates a senior loan of up to 28 billion Guaraníes (“PYG”), which will be financed by IDB Invest. The Loan will have a term of up to five years, with a grace period of up to two years, and quarterly amortization. The use of funds will be to finance small and medium enterprises (“SMEs”) in the productive sector of Paraguay. The proposed operation contemplates a senior loan of up to 28 billion Guaraníes (“PYG”), which will be financed by IDB Invest. The Loan will have a term of up to five years, with a grace period of up to two years, and quarterly amortization. The use of funds will be to finance small and medium enterprises (“SMEs”) in the productive sector of Paraguay. IDB Invest Banco para la Comercialización y la Producción S.A. (“Bancop”) IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 9629530 9629530 9629530 Bancop SME Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11877-02 IDB Invest Banpro (the “Bank”) is the largest bank in Nicaragua, as measured by total assets, loan portfolio and deposits. The Bank offers commercial, consumer and mortgage loans, as well as foreign exchange and trade finance services, serving primarily corporate clients across industries, with a focus on the agriculture, industrial, commercial, construction, and tourism sectors. The purpose of the Project is to grant financing to Banpro in order to (a) support the growth of Banpro’s “Green Financing” portfolio; and (b) provide expanded access to finance for its corporate, small and medium-sized enterprises (“SMEs”) and small agricultural producers to implement the following solutions: (i) renewable energy technologies; (ii) energy efficiency measures; and (iii) improved water and irrigation systems and other adaptation methods to mitigate climate risks for the agricultural sector, commonly referred as Climate Smart Agriculture practices (“CSA”). Banpro (the “Bank”) is the largest bank in Nicaragua, as measured by total assets, loan portfolio and deposits. The Bank offers commercial, consumer and mortgage loans, as well as foreign exchange and trade finance services, serving primarily corporate clients across industries, with a focus on the agriculture, industrial, commercial, construction, and tourism sectors. The purpose of the Project is to grant financing to Banpro in order to (a) support the growth of Banpro’s “Green Financing” portfolio; and (b) provide expanded access to finance for its corporate, small and medium-sized enterprises (“SMEs”) and small agricultural producers to implement the following solutions: (i) renewable energy technologies; (ii) energy efficiency measures; and (iii) improved water and irrigation systems and other adaptation methods to mitigate climate risks for the agricultural sector, commonly referred as Climate Smart Agriculture practices (“CSA”). IDB Invest Banco de la Producción S.A. (“Banpro”) IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Financial Institutions 10000000 10000000 10000000 Banpro: Access to Renewable Energy and Energy Efficiency in Nicaragua Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12215-01 IDB Invest IDB Invest is considering an investment of up to US$ 50,000,000 in a private placement of a note denominated in Colombian Pesos (COP) with interest payable in US dollars but indexed to COP, that may be issued by Millicom International Cellular, S.A., a multinational company with significant revenues coming from Latin American countries (LAC). Proceeds from the note would be used by the Company for, amongst other purposes, regional capex and general corporate purposes in IDB Invest’s regional member countries (“the Project”). IDB Invest's commitment to purchase the note would be subject to certain conditions being met, including the Company agreeing to comply with IDB Invest's environment and social policies whilst IDB Invest is a noteholder. =========================== Addendum to Millicom’s disclosure - March 20, 2018: Previous amount: US$80 million New amount: US$50 million =========================== IDB Invest is considering an investment of up to US$ 50,000,000 in a private placement of a note denominated in Colombian Pesos (COP) with interest payable in US dollars but indexed to COP, that may be issued by Millicom International Cellular, S.A., a multinational company with significant revenues coming from Latin American countries (LAC). Proceeds from the note would be used by the Company for, amongst other purposes, regional capex and general corporate purposes in IDB Invest’s regional member countries (“the Project”). IDB Invest's commitment to purchase the note would be subject to certain conditions being met, including the Company agreeing to comply with IDB Invest's environment and social policies whilst IDB Invest is a noteholder. =========================== Addendum to Millicom’s disclosure - March 20, 2018: Previous amount: US$80 million New amount: US$50 million =========================== IDB Invest Millicom International Cellular, S.A. IDB Invest Vega Aldana, Mario Andres +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Digital Economy 50000000 50000000 50000000 Millicom Private Placement Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12202-01 IDB Invest The financing consists of: (i) an A loan from the Inter-American Development Bank (IDB) for the COP equivalent of up to US$10 million; and (ii) a B loan from the IDB in the COP equivalent of approximately US$20 million. A term of up to five years is expected for the A loan, with no grace period. The term of the B loan(s) will be defined based on market conditions. With financing, Finanzauto S.A. will be able to offer loans to micro-, small-, and medium-sized enterprises (MSMEs) in Colombia’s transportation sector and various economic sectors that purchase vehicles as part of their productive assets for the development of their economic activity. Finanzauto is an unregulated Colombian financial institution with more than 40 years in the market that focuses on passenger and commercial vehicle financing. It has 33,000 clients and conducts 15,000 transactions per year. It is the main unregulated vehicle financing institution in the country. Finanzauto has 150 points of service in the country in six cities and has formed partnerships with close to 240 car dealers through which it provides financing. As of June 2017, it had 380 employees. As of the same date, it had equity of US$119 million and assets of US$280 million. The financing consists of: (i) an A loan from the Inter-American Development Bank (IDB) for the COP equivalent of up to US$10 million; and (ii) a B loan from the IDB in the COP equivalent of approximately US$20 million. A term of up to five years is expected for the A loan, with no grace period. The term of the B loan(s) will be defined based on market conditions. With financing, Finanzauto S.A. will be able to offer loans to micro-, small-, and medium-sized enterprises (MSMEs) in Colombia’s transportation sector and various economic sectors that purchase vehicles as part of their productive assets for the development of their economic activity. Finanzauto is an unregulated Colombian financial institution with more than 40 years in the market that focuses on passenger and commercial vehicle financing. It has 33,000 clients and conducts 15,000 transactions per year. It is the main unregulated vehicle financing institution in the country. Finanzauto has 150 points of service in the country in six cities and has formed partnerships with close to 240 car dealers through which it provides financing. As of June 2017, it had 380 employees. As of the same date, it had equity of US$119 million and assets of US$280 million. IDB Invest Finanzauto S.A. IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12121-01 IDB Invest The Project with Genomma Lab has two components: (i) an Uncommitted Revolving Line of Credit for MX$200 million, or its equivalent in US$ (“Facility”) to purchase accounts payables issued by Genomma Lab or one of its eligible subsidiaries. The Facility will have an initial tenor of 12 months, renewable on a yearly basis at IDB Invest’s discretion for up to 6 additional years, and (ii) a long-term loan for up to MX$1.0 billion (“Long-Term Loan”) to finance the construction, equipment and operation of its new manufacturing plant in Toluca, Estado de México. The Facility will provide Genomma Lab’s suppliers with an innovative alternate solution to finance their working capital needs, using E-Factor Network platform to sell to IDB Invest Genomma Lab’s accounts payables. This solution will enable Genomma Lab’s suppliers (including small and medium size companies, “SME’s”), to obtain financing in much favorable conditions than those they can obtain in the local market on their own. SME’s Supply Chain Financing through corporates like Genomma Lab is one of the ways IDB Invest will focus in this segment. This kind of solutions are aligned with IDB Invest’s innovative approach with SME’s. The Long-Term Loan will finance Genomma Lab’s new manufacturing plant. This new facility will have an important developmental impact, including the following: (a.) job creation, (b.) hard currency generation, (c.) establishment of a new productive Cluster, and (d.) installation of a new state of the art manufacturing plant. The Project with Genomma Lab has two components: (i) an Uncommitted Revolving Line of Credit for MX$200 million, or its equivalent in US$ (“Facility”) to purchase accounts payables issued by Genomma Lab or one of its eligible subsidiaries. The Facility will have an initial tenor of 12 months, renewable on a yearly basis at IDB Invest’s discretion for up to 6 additional years, and (ii) a long-term loan for up to MX$1.0 billion (“Long-Term Loan”) to finance the construction, equipment and operation of its new manufacturing plant in Toluca, Estado de México. The Facility will provide Genomma Lab’s suppliers with an innovative alternate solution to finance their working capital needs, using E-Factor Network platform to sell to IDB Invest Genomma Lab’s accounts payables. This solution will enable Genomma Lab’s suppliers (including small and medium size companies, “SME’s”), to obtain financing in much favorable conditions than those they can obtain in the local market on their own. SME’s Supply Chain Financing through corporates like Genomma Lab is one of the ways IDB Invest will focus in this segment. This kind of solutions are aligned with IDB Invest’s innovative approach with SME’s. The Long-Term Loan will finance Genomma Lab’s new manufacturing plant. This new facility will have an important developmental impact, including the following: (a.) job creation, (b.) hard currency generation, (c.) establishment of a new productive Cluster, and (d.) installation of a new state of the art manufacturing plant. IDB Invest Genomma Lab Internacional, S.A.B. de C.V. IDB Invest Baltazar Vazquez, Lucia Adriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 36034600 36034600 36034600 Genomma Lab Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12037-01 IDB Invest IDB Invest seeks to support EDILAR, S.A. of C.V. ("EDILAR") with a financing of up to MXN $540 million in two phases (i) a revolving warehousing line of up to MXN $360 million and (ii) one or more partial credit guarantees for an amount of up to MXN $180 million to guarantee the securitization of Edilar portfolio in the local capital markets. The use of proceeds of the securitization will be used to repay the warehousing line. It is expected that there will be two revolving cycles: after the first cycle, once principal is repaid, the line will be made available again for disbursement. EDILAR's clients are teachers of public education (they are part of the National System of Public Education SNE. EDILAR's main activity is the sale of educational materials, educational technologies, and continuing education services through term financing, generating accounts receivable that EDILAR charges through payroll deduction that teachers have with the government entities in which they work. EDILAR also gives loans to finance teachers' educational purposes, which is also repaid with a payroll discount. IDB Invest seeks to support EDILAR, S.A. of C.V. ("EDILAR") with a financing of up to MXN $540 million in two phases (i) a revolving warehousing line of up to MXN $360 million and (ii) one or more partial credit guarantees for an amount of up to MXN $180 million to guarantee the securitization of Edilar portfolio in the local capital markets. The use of proceeds of the securitization will be used to repay the warehousing line. It is expected that there will be two revolving cycles: after the first cycle, once principal is repaid, the line will be made available again for disbursement. EDILAR's clients are teachers of public education (they are part of the National System of Public Education SNE. EDILAR's main activity is the sale of educational materials, educational technologies, and continuing education services through term financing, generating accounts receivable that EDILAR charges through payroll deduction that teachers have with the government entities in which they work. EDILAR also gives loans to finance teachers' educational purposes, which is also repaid with a payroll discount. IDB Invest EDILAR S.A. DE C.V. IDB Invest Espinoza Diaz, Jose Alejandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Social Infrastructure 20764500 20764500 20764500 Warehousing Line and Partial Credit Guarantee for EDILAR Securitization Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11979-01 IDB Invest Global is a medium-sized producer, processor, trader, and exporter of some agricultural products such as peanuts, rice, beans, corn, and cucurbits, from various provinces of Nicaragua, such us León, Chinandega, Masaya and Granada, among others. In addition to own crops, the Company buys produce from third party suppliers, building direct relationships with suppliers and small farmer organizations. This will allow the Company to improve quality and quantity of produced commodity, introduce and scale sustainable farming practices, and have a positive effect on the livelihoods of smallholders and populations. The loan to Global aims to provide long-term financing for the construction of a new industrial plant and relocate their actual peanut processing operations. It will also allow the company to consolidate and simplifies their logistics for some other products. The total estimated project cost is US$6 million to be invested during 2017 and 2018. With the participation of IDB Invest, Global can access longer tenors, as well as an adequate grace period. This will not attempt to restrict their normal operation while performing the project. At the same time, IDB Invest will support a sector of high relevance in the Nicaraguan economy, being Global a medium size link for productive chains in various country regions. Global is a medium-sized producer, processor, trader, and exporter of some agricultural products such as peanuts, rice, beans, corn, and cucurbits, from various provinces of Nicaragua, such us León, Chinandega, Masaya and Granada, among others. In addition to own crops, the Company buys produce from third party suppliers, building direct relationships with suppliers and small farmer organizations. This will allow the Company to improve quality and quantity of produced commodity, introduce and scale sustainable farming practices, and have a positive effect on the livelihoods of smallholders and populations. The loan to Global aims to provide long-term financing for the construction of a new industrial plant and relocate their actual peanut processing operations. It will also allow the company to consolidate and simplifies their logistics for some other products. The total estimated project cost is US$6 million to be invested during 2017 and 2018. With the participation of IDB Invest, Global can access longer tenors, as well as an adequate grace period. This will not attempt to restrict their normal operation while performing the project. At the same time, IDB Invest will support a sector of high relevance in the Nicaraguan economy, being Global a medium size link for productive chains in various country regions. IDB Invest Global Commodities Trading Group S.A. (“Global”) IDB Invest Jatem, Alejandra Luz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Agribusiness 4000000 4000000 4000000 Global CTG Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12252-01 IDB Invest The Bucaramanga – Barrancabermeja – Yondó corridor, also known as “Ruta del Cacao” (“the Project” or “Ruta del Cacao”), is part of a fourth generation (4G) group of concessions being spearheaded by the Government of Colombia via its National Infrastructure Agency (Agencia Nacional de Infraestructura – ANI). The project, which covers a total area of 190.6 km in length, is primarily located in the Department of Santander, with a portion in the Department of Antioquia. The project is divided into nine functional units (Unidades Funcionales – UF), namely: (i) UF1 Yondó – Guillermo Gaviria Bridge – La Virgen – Rancho Camacho, which is 40.45 km in length and entails the rehabilitation of 10.37 km, and the operation and maintenance of 30.08 km, of the existing road; (ii) UF2 Barrancabermeja – El Retén – La Virgen – La Lizama, which involves the rehabilitation of the 3.2 km dual carriageway road between Barrancabermeja and El Retén; the operation and maintenance of the existing 26.95 km road between El Retén and La Lizama; and construction of the second carriageway—21.05 km in length—between La Virgen and La Lizama; (iii) UF3 La Fortuna – La Paz Bridge – Capitancitos – Lisboa, which consists of improvements to the existing 17.9 km road between La Fortuna and La Paz Bridge and maintenance and operation of the 19.7 km road between La Paz Bridge – Lisboa; (iv) UF4 La Fortuna – La Paz Bridge, which entails the construction of a second 17.97 km lane; (v) UF5 La Paz Bridge – Santa Rosa (entrance, La Paz Tunnel), which includes construction of a 14.76 km single lane; three bridges that total 1.6 km; and two viaducts that total 0.8 km; (vi) UF6 La Paz Tunnel, which involves construction of the 3.17 km La Paz Tunnel; (vii) UF7 Río Sucio – Lisboa, 6.4 km in length, consisting of the construction of the 2.2 km La Sorda tunnel; 3.3 km of open road; and four bridges that total 0.99 km in length; (viii) UF8 Lisboa – Portugal, which includes construction of two lanes, 3.2 km each; and (ix) UF9 Portugal – Lebrija, which entails rehabilitation of the existing 12.4 km road and the construction of a second lane, of the same length, parallel to the first. The IDB Invest's involvement will help supplement long-term financing, in collaboration with international commercial banks and local banks providing resources in US dollars and Colombian pesos. The Bucaramanga – Barrancabermeja – Yondó corridor, also known as “Ruta del Cacao” (“the Project” or “Ruta del Cacao”), is part of a fourth generation (4G) group of concessions being spearheaded by the Government of Colombia via its National Infrastructure Agency (Agencia Nacional de Infraestructura – ANI). The project, which covers a total area of 190.6 km in length, is primarily located in the Department of Santander, with a portion in the Department of Antioquia. The project is divided into nine functional units (Unidades Funcionales – UF), namely: (i) UF1 Yondó – Guillermo Gaviria Bridge – La Virgen – Rancho Camacho, which is 40.45 km in length and entails the rehabilitation of 10.37 km, and the operation and maintenance of 30.08 km, of the existing road; (ii) UF2 Barrancabermeja – El Retén – La Virgen – La Lizama, which involves the rehabilitation of the 3.2 km dual carriageway road between Barrancabermeja and El Retén; the operation and maintenance of the existing 26.95 km road between El Retén and La Lizama; and construction of the second carriageway—21.05 km in length—between La Virgen and La Lizama; (iii) UF3 La Fortuna – La Paz Bridge – Capitancitos – Lisboa, which consists of improvements to the existing 17.9 km road between La Fortuna and La Paz Bridge and maintenance and operation of the 19.7 km road between La Paz Bridge – Lisboa; (iv) UF4 La Fortuna – La Paz Bridge, which entails the construction of a second 17.97 km lane; (v) UF5 La Paz Bridge – Santa Rosa (entrance, La Paz Tunnel), which includes construction of a 14.76 km single lane; three bridges that total 1.6 km; and two viaducts that total 0.8 km; (vi) UF6 La Paz Tunnel, which involves construction of the 3.17 km La Paz Tunnel; (vii) UF7 Río Sucio – Lisboa, 6.4 km in length, consisting of the construction of the 2.2 km La Sorda tunnel; 3.3 km of open road; and four bridges that total 0.99 km in length; (viii) UF8 Lisboa – Portugal, which includes construction of two lanes, 3.2 km each; and (ix) UF9 Portugal – Lebrija, which entails rehabilitation of the existing 12.4 km road and the construction of a second lane, of the same length, parallel to the first. The IDB Invest's involvement will help supplement long-term financing, in collaboration with international commercial banks and local banks providing resources in US dollars and Colombian pesos. IDB Invest Concesionaria Ruta del Cacao S.A.S. IDB Invest Perez, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Transport 73316300 73316300 73316300 Ruta del Cacao 4G Toll Road Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12189-01 IDB Invest The transaction consists of the financing of a US$4,500,000 senior unsecured loan to Grand Bahama Utility Company Limited (“GBUC”). The proceeds of the financing will be used for the purchase and installation of approximately 11,000 smart water meters. GBUC, the distributor of water in Grand Bahamas and operator of a wastewater facility in the Chesapeake area respectively, is seeking to reduce Non-Revenue Water (“NRW”) through the incorporation of smart meters, which is new technology in The Bahamas. The project is expected to be beneficial to GBUC and its customers, provided that once the smart meters are in operation, the company will be able to increase its effectiveness in controlling NRW and thus reduce costs for water distribution.The financing consists of a US$4,500,000 senior unsecured loan to GBUC. GBUC is planning to install approximately 11,000 smart water meters which most of them will be purchased by using the proceeds from IDB Invest financing. The transaction consists of the financing of a US$4,500,000 senior unsecured loan to Grand Bahama Utility Company Limited (“GBUC”). The proceeds of the financing will be used for the purchase and installation of approximately 11,000 smart water meters. GBUC, the distributor of water in Grand Bahamas and operator of a wastewater facility in the Chesapeake area respectively, is seeking to reduce Non-Revenue Water (“NRW”) through the incorporation of smart meters, which is new technology in The Bahamas. The project is expected to be beneficial to GBUC and its customers, provided that once the smart meters are in operation, the company will be able to increase its effectiveness in controlling NRW and thus reduce costs for water distribution.The financing consists of a US$4,500,000 senior unsecured loan to GBUC. GBUC is planning to install approximately 11,000 smart water meters which most of them will be purchased by using the proceeds from IDB Invest financing. IDB Invest Grand Bahama Utility Company Limited IDB Invest Mellinger, Yvon +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bahamas Bahamas Water and Sanitation 4500000 4500000 4500000 GBUC Smart Water Meter Investment Program Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12077-02 IDB Invest The Borrower, a 50MW solar power project financed by the IDB with an A/B Loan for US$56 million and a C2F Loan for US$25 million is seeking to optimize it current financing through an IDB Invest A/B Bond. The B-Bond will be sold into the private placement market under section 4 (a) (2) of the 1933 U.S. Securities and Exchange Commission Act. This structure will allow the Project to achieve longer tenors than in the traditional bank market. The proceeds of the B-Bond will be used to repay the IDB A and B Loans in their entirety. As part of the financial plan the IDB Invest provide an A Loan for approximately US$3.6 million and purchase up to 5% of the B-Bond. The tenor of the A Loan and B Bond will be 24 years. La Jacinta is a 50MW (AC) / 64.8MW peak (DC) fixed tilt photovoltaic (“PV”) power plant and its associated facilities. La Jacinta is located in Salto, Department of Salto, Uruguay, and currently operates under a 30-year Power Purchase Agreement (“PPA”) with UTE, the state-owned utility of Uruguay. The Borrower, a 50MW solar power project financed by the IDB with an A/B Loan for US$56 million and a C2F Loan for US$25 million is seeking to optimize it current financing through an IDB Invest A/B Bond. The B-Bond will be sold into the private placement market under section 4 (a) (2) of the 1933 U.S. Securities and Exchange Commission Act. This structure will allow the Project to achieve longer tenors than in the traditional bank market. The proceeds of the B-Bond will be used to repay the IDB A and B Loans in their entirety. As part of the financial plan the IDB Invest provide an A Loan for approximately US$3.6 million and purchase up to 5% of the B-Bond. The tenor of the A Loan and B Bond will be 24 years. La Jacinta is a 50MW (AC) / 64.8MW peak (DC) fixed tilt photovoltaic (“PV”) power plant and its associated facilities. La Jacinta is located in Salto, Department of Salto, Uruguay, and currently operates under a 30-year Power Purchase Agreement (“PPA”) with UTE, the state-owned utility of Uruguay. IDB Invest La Jacinta S.R.L IDB Invest Diaz Gomez, Anahi +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Energy 7200000 7200000 7200000 La Jacinta Long-Term Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12120-01 IDB Invest The operation with Cemex consist of an Uncommitted Revolving Line of Credit for US$50 million, or its equivalent in Mexican Pesos (“Facility”) to purchase accounts payables issued by Cemex or one of its eligible subsidiaries. The Facility will have an initial tenor of 12 months, renewable on a yearly basis at IDB Invest's discretion for up to 6 additional years. The Facility will provide Cemex’s suppliers with an innovative alternate solution to finance their working capital needs, using E-Factor Network platform to sell to the IDB Invest Cemex’s accounts payables. This solution will enable Cemex’s suppliers (including small and medium size companies, “SME’s”), to obtain financing in much favorable conditions than those they can obtain in the local market on their own. SME’s Supply Chain Financing through corporates like Cemex is one of the ways the IDB Invest will focus in this segment. This kind of solutions are aligned with IDB Invest's innovative approach with SME’s. The operation with Cemex consist of an Uncommitted Revolving Line of Credit for US$50 million, or its equivalent in Mexican Pesos (“Facility”) to purchase accounts payables issued by Cemex or one of its eligible subsidiaries. The Facility will have an initial tenor of 12 months, renewable on a yearly basis at IDB Invest's discretion for up to 6 additional years. The Facility will provide Cemex’s suppliers with an innovative alternate solution to finance their working capital needs, using E-Factor Network platform to sell to the IDB Invest Cemex’s accounts payables. This solution will enable Cemex’s suppliers (including small and medium size companies, “SME’s”), to obtain financing in much favorable conditions than those they can obtain in the local market on their own. SME’s Supply Chain Financing through corporates like Cemex is one of the ways the IDB Invest will focus in this segment. This kind of solutions are aligned with IDB Invest's innovative approach with SME’s. IDB Invest Cemex, S.A.B. de C.V. (“Cemex”) IDB Invest Baltazar Vazquez, Lucia Adriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 77993800 77993800 77993800 Cemex Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12033-01 IDB Invest The proposed financing consists of an A/B Senior Secured Loan of approximately US$40 million to Metrobank, S.A. including (i) an IDB Invest A Loan of up to US$10 million; (ii) an IDB A loan of up to US$10 million; and (iii) an IDB Invest B Loan expected to be of approximately US$20 million. The tenor of the A Loans will be for 3 years, including 1 year of grace. The objective of this transaction is to support Metrobank in expanding its SME client database, especially through working with its branch office in Chiriqui Province. Loans booked through the Chiriqui branch are primarily to SMEs working in the commercial sector (40%), services (32%), consumer (18%) and agribusiness (9%). IIC funding will support Metrobank in financing SMEs and will be complemented by technical assistance efforts to help these SMEs develop and strengthen their export capabilities. The proposed financing consists of an A/B Senior Secured Loan of approximately US$40 million to Metrobank, S.A. including (i) an IDB Invest A Loan of up to US$10 million; (ii) an IDB A loan of up to US$10 million; and (iii) an IDB Invest B Loan expected to be of approximately US$20 million. The tenor of the A Loans will be for 3 years, including 1 year of grace. The objective of this transaction is to support Metrobank in expanding its SME client database, especially through working with its branch office in Chiriqui Province. Loans booked through the Chiriqui branch are primarily to SMEs working in the commercial sector (40%), services (32%), consumer (18%) and agribusiness (9%). IIC funding will support Metrobank in financing SMEs and will be complemented by technical assistance efforts to help these SMEs develop and strengthen their export capabilities. IDB Invest Metrobank, S.A. IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 10000000 10000000 10000000 Metrobank PYME Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11777-04 IDB Invest The Project consists of a total financing package of up to US$30 million to support the small and medium enterprises (“SMEs”) strategy of Banco Agrícola, S.A. (“Banco Agrícola”). The Inter American Development Bank Group (“IDB Group”) will participate through an unsecured A Loan of up to US$18 million with a four year term and includes the participation of B Lenders for up to US$12 million. The purpose of the Loan is to provide medium-term financing to support the growth of Banco Agrícola’s SMEs portfolio. In the last year, Banco Agrícola has worked to strengthen its portfolio of services and support model to this segment with the purpose of strengthening its positioning as a strategic partner of SMEs. Banco Agrícola currently serves more than 35,000 SMEs with a particular focus on commerce and services sectors. The Project consists of a total financing package of up to US$30 million to support the small and medium enterprises (“SMEs”) strategy of Banco Agrícola, S.A. (“Banco Agrícola”). The Inter American Development Bank Group (“IDB Group”) will participate through an unsecured A Loan of up to US$18 million with a four year term and includes the participation of B Lenders for up to US$12 million. The purpose of the Loan is to provide medium-term financing to support the growth of Banco Agrícola’s SMEs portfolio. In the last year, Banco Agrícola has worked to strengthen its portfolio of services and support model to this segment with the purpose of strengthening its positioning as a strategic partner of SMEs. Banco Agrícola currently serves more than 35,000 SMEs with a particular focus on commerce and services sectors. IDB Invest Banco Agrícola, S.A. IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions 10000000 10000000 10000000 Banco Agrícola - PYMES Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12100-03 IDB Invest The proposed financing consists of two separate long-term loans to be granted directly to Durlicouros Indústria e Comércio de Couros, Exportação e Importação Ltda. in Brazil and to Durli Leather S.A. and Veneza Inversiones S.A. in Paraguay. The Borrowers will use the proceeds of the loans to support the construction, operation, and maintenance of two (2) new leather manufacturing plants (one (1) in Brazil and one (1) in Paraguay), its working capital needs and refinancing of existing debt in Brazil. The proposed financing consists of two separate long-term loans to be granted directly to Durlicouros Indústria e Comércio de Couros, Exportação e Importação Ltda. in Brazil and to Durli Leather S.A. and Veneza Inversiones S.A. in Paraguay. The Borrowers will use the proceeds of the loans to support the construction, operation, and maintenance of two (2) new leather manufacturing plants (one (1) in Brazil and one (1) in Paraguay), its working capital needs and refinancing of existing debt in Brazil. IDB Invest Durlicouros Indústria e Comércio de Couros, Exportação e Importação Ltda. IDB Invest de Paiva Ferraz, Joao Victor +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Manufacturing 11000000 11000000 11000000 Durli Brazil Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12125-01 IDB Invest The proposed operation consists of the following financing facilities: 1. IDB Invest Guarantee: IDB Invest will issue a local currency guarantee for up to an equivalent amount of US$11 million in favor of Sagicor to provide competitive financing to Jamaica Broilers Group Limited (“JBGL” or the “Company”) in local currency. In turn, Sagicor will provide JBGL a 3-year tenor senior loan in local currency for up to an equivalent amount of US$10 million to finance its working capital needs, which consist in chicks, feeds, services and financing provided to farmers, in order to support the Company´s growth. 2. IDB Senior Loan I: The IDB will provide to Haiti Broilers S.A. (“HB”) a 2-year senior loan in local currency for up to an equivalent amount of US$2 million to provide working capital financing to small and medium farmers (of broilers and layers) that supply HB. The local currency will be offered by using the exchange rate hedge offered by TCX. 3. IDB Senior Loan II: The IDB will provide to HB an 8-year senior loan in local currency for up to an equivalent amount of US$3 million to finance the acquisitions of the land where HB currently has its chicken houses. The local currency will be offered by using the exchange rate hedge offered by TCX. JBGL began operations 60 years ago and is the leading poultry manufacturer in Jamaica with an estimated market share of 40% and the largest poultry producer in the Caribbean. JBGL is a vertically integrated company producing and selling chicken meat and processed chicken meat products, table eggs, fertile eggs, baby chicks, animal feed, and other agricultural products. In the year ended in April 2017, JBGL sold 45 million tons of poultry, 155 million tons of animal feed and 15 million chicks, having revenues for around US$345 million. The Company has grown over the years expanding its operations to United States and Haiti, establishing HB in 2010 in a joint venture with Haiti Partners S.A., a local Haitian partner. HB established its production facilities in 2012, focused on table eggs, broiler meat, chicks and feed. Currently, accounts for 4,0% of JBGL’s consolidated revenues, totaling US$12.6 million in the year ended in April 2017. The proposed operation consists of the following financing facilities: 1. IDB Invest Guarantee: IDB Invest will issue a local currency guarantee for up to an equivalent amount of US$11 million in favor of Sagicor to provide competitive financing to Jamaica Broilers Group Limited (“JBGL” or the “Company”) in local currency. In turn, Sagicor will provide JBGL a 3-year tenor senior loan in local currency for up to an equivalent amount of US$10 million to finance its working capital needs, which consist in chicks, feeds, services and financing provided to farmers, in order to support the Company´s growth. 2. IDB Senior Loan I: The IDB will provide to Haiti Broilers S.A. (“HB”) a 2-year senior loan in local currency for up to an equivalent amount of US$2 million to provide working capital financing to small and medium farmers (of broilers and layers) that supply HB. The local currency will be offered by using the exchange rate hedge offered by TCX. 3. IDB Senior Loan II: The IDB will provide to HB an 8-year senior loan in local currency for up to an equivalent amount of US$3 million to finance the acquisitions of the land where HB currently has its chicken houses. The local currency will be offered by using the exchange rate hedge offered by TCX. JBGL began operations 60 years ago and is the leading poultry manufacturer in Jamaica with an estimated market share of 40% and the largest poultry producer in the Caribbean. JBGL is a vertically integrated company producing and selling chicken meat and processed chicken meat products, table eggs, fertile eggs, baby chicks, animal feed, and other agricultural products. In the year ended in April 2017, JBGL sold 45 million tons of poultry, 155 million tons of animal feed and 15 million chicks, having revenues for around US$345 million. The Company has grown over the years expanding its operations to United States and Haiti, establishing HB in 2010 in a joint venture with Haiti Partners S.A., a local Haitian partner. HB established its production facilities in 2012, focused on table eggs, broiler meat, chicks and feed. Currently, accounts for 4,0% of JBGL’s consolidated revenues, totaling US$12.6 million in the year ended in April 2017. IDB Invest Jamaica Broilers Group Limited IDB Invest Wright, Stefan C.M. +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Agribusiness 11000000 11000000 11000000 Jamaica Broilers Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12161-01 IDB Invest Bozano Investimentos Growth Capital Fund I, L.P. (the “Fund”) is a Brazilian private equity fund targeting investments in high-growth middle market companies operating in Brazil. Bozano is the fourth fund managed by the partners of Bozano Investimentos (the “Fund Manager” or “Bozano”) in Brazil. Brief Project Description: The Fund is a multi-sector fund that will invest growth capital in middle market companies. The Fund will focus on US$20-50 million investments to acquire relevant minority stakes (20-49%) in six to eight well-positioned and sound companies in Brazil (i.e. leading market share, positive cash flows, and competitive advantages) with high expected growth rates in the sectors of retail and consumer related, specialty services, healthcare, education, and asset light logistics. Bozano Investimentos Growth Capital Fund I, L.P. (the “Fund”) is a Brazilian private equity fund targeting investments in high-growth middle market companies operating in Brazil. Bozano is the fourth fund managed by the partners of Bozano Investimentos (the “Fund Manager” or “Bozano”) in Brazil. Brief Project Description: The Fund is a multi-sector fund that will invest growth capital in middle market companies. The Fund will focus on US$20-50 million investments to acquire relevant minority stakes (20-49%) in six to eight well-positioned and sound companies in Brazil (i.e. leading market share, positive cash flows, and competitive advantages) with high expected growth rates in the sectors of retail and consumer related, specialty services, healthcare, education, and asset light logistics. IDB Invest Bozano Investimentos Growth Capital Fund I-A, L.P. IDB Invest Vargas Gomez, Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 10300000 10300000 10300000 Bozano Growth Capital Fund Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12130-01 IDB Invest The IIC will support the construction and operation of a 169-room Four Seasons hotel and 24-unit branded residential component (the “Project”) to be known as Tropicalia, located in the municipality of Miches, Dominican Republic, a town of approximately 21,000 inhabitants, mostly unskilled workers and farmers (68.9% of whom live in poverty and 21.0% in extreme poverty). Tropicalia is sponsored by the real estate division of the Cisneros Group, a media, entertainment, telecommunications, and tourism group headquartered in the U.S.A. (“Sponsor”). The Project encompasses an area of approximately 27 hectares with 1 kilometer of beachfront. The Project will feature multiple restaurants, meeting facilities, a wellness center and spa, a local crafts market, and a variety of complementary recreational amenities. The total Project cost is estimated to be US$240 million, and will be funded with a combination of equity from the Sponsor and debt from development finance institutions and local commercial banks. The IIC will provide an A-Loan of up to US$ 40 million for the debt portion. The proposed IIC financing will be structured as a senior secured loan and have the tenor of up to 12 years. The Project is an important economic catalyst for the Dominican Republic, which welcomes more than five million visitors annually. In response to the Project’s holistic approach to development, Tropicalia established its foundation, Fundación Tropicalia in 2008 to design and implement programs for the neighboring communities in the areas of education, environment, productivity, and socio-cultural advocacy. The Foundation’s goal, together with the local community, is to be a driver of sustainable and socioeconomic development in the region. The Project will seek the Leadership in Energy and Environmental Design (“LEED”) certification and will employ numerous sustainability features to reduce environmental impact. In addition, the IIC will provide financial additionality given that long term financing for large-scale tourism projects in the Caribbean is very limited. The Inter-American Development Bank Group has been actively working with Tropicalia for several years. After identifying the need to promote economic development, the Multilateral Investment Fund (“MIF”) initiated the project “Inclusion of Microenterprises and Small Businesses in the Sustainable Tourism Value Chain in Miches” in 2012, with the objective of improving the social and economic conditions for local agricultural producers and small business operators. Realizing the slow but consistent positive impact of this initiative (see more below), the IDB decided to further support the region and accelerate its growth by financing the construction of the DR-104 highway, a modern highway connecting the popular town of Punta Cana to Sabana de la Mar, located west of Miches, that opened in 2016. The highway, which extends for approximately 110 kilometers, has dramatically reduced the drive time from the Punta Cana Airport to the area to less than one hour. Tropicalia seeks to build upon the successes of the MIF and IDB to further catalyze and accelerate the development of Miches through a private sector, high-impact sustainable Project. The IIC will support the construction and operation of a 169-room Four Seasons hotel and 24-unit branded residential component (the “Project”) to be known as Tropicalia, located in the municipality of Miches, Dominican Republic, a town of approximately 21,000 inhabitants, mostly unskilled workers and farmers (68.9% of whom live in poverty and 21.0% in extreme poverty). Tropicalia is sponsored by the real estate division of the Cisneros Group, a media, entertainment, telecommunications, and tourism group headquartered in the U.S.A. (“Sponsor”). The Project encompasses an area of approximately 27 hectares with 1 kilometer of beachfront. The Project will feature multiple restaurants, meeting facilities, a wellness center and spa, a local crafts market, and a variety of complementary recreational amenities. The total Project cost is estimated to be US$240 million, and will be funded with a combination of equity from the Sponsor and debt from development finance institutions and local commercial banks. The IIC will provide an A-Loan of up to US$ 40 million for the debt portion. The proposed IIC financing will be structured as a senior secured loan and have the tenor of up to 12 years. The Project is an important economic catalyst for the Dominican Republic, which welcomes more than five million visitors annually. In response to the Project’s holistic approach to development, Tropicalia established its foundation, Fundación Tropicalia in 2008 to design and implement programs for the neighboring communities in the areas of education, environment, productivity, and socio-cultural advocacy. The Foundation’s goal, together with the local community, is to be a driver of sustainable and socioeconomic development in the region. The Project will seek the Leadership in Energy and Environmental Design (“LEED”) certification and will employ numerous sustainability features to reduce environmental impact. In addition, the IIC will provide financial additionality given that long term financing for large-scale tourism projects in the Caribbean is very limited. The Inter-American Development Bank Group has been actively working with Tropicalia for several years. After identifying the need to promote economic development, the Multilateral Investment Fund (“MIF”) initiated the project “Inclusion of Microenterprises and Small Businesses in the Sustainable Tourism Value Chain in Miches” in 2012, with the objective of improving the social and economic conditions for local agricultural producers and small business operators. Realizing the slow but consistent positive impact of this initiative (see more below), the IDB decided to further support the region and accelerate its growth by financing the construction of the DR-104 highway, a modern highway connecting the popular town of Punta Cana to Sabana de la Mar, located west of Miches, that opened in 2016. The highway, which extends for approximately 110 kilometers, has dramatically reduced the drive time from the Punta Cana Airport to the area to less than one hour. Tropicalia seeks to build upon the successes of the MIF and IDB to further catalyze and accelerate the development of Miches through a private sector, high-impact sustainable Project. IDB Invest Inversiones Cuatro Estaciones, S.A.S. IDB Invest Wright, Stefan C.M. +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Tourism 10000000 10000000 10000000 Tropicalia Sustainable Tourism Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12224-01 IDB Invest 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. IDB Invest A special purpose vehicle to be incorporated under Mexican law (the “Warehousing Trust”) IDB Invest Fort Lopez, Victor Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 39364200 39364200 39364200 Solar Rooftop 4All Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11932-02 IDB Invest The IIC’s participation will consist of a US Dollar denominated note subscription to Fedecredito Remittance Funding Company Ltd. (the “Issuer”) in an amount of up to US$15 million (the “Note”). IFC and responsibility have already purchased US30 million in notes of this issuance. IIC’s Note will have an individual maximum tenor of 7 years with a 2-year grace period (the “Financing”). The proceeds of the Financing will be used to increase its lending activities for low-income housing and MSMEs. Brief Project Description: The Fedecredito System (“FDCS”) comprises 48 Cajas de Credito (“CC”) and 7 Bancos de los Trabajadores (“BDT”). Fedecredito is a second-tier FI, 100% privately-owned and supervised by El Salvador’s “Superintendencia del Sistema Financiero”. It was established in 1943 and its mission is to help develop an effective FDCS by providing its members with training and specialized technical services. The FDCS in turn constitutes the largest network of financing service providers in El Salvador, present in 187 of the 262 municipalities of the country. Fedecredito only provides financing to their member entities. The CCs and BDTs funnel this funds into the local market. As of December 2016, the FDCS was the 5th largest lender in the country with a loan portfolio of US$1.4 billion (market share of 11%), deposits of US$740 million and more than 961k credit users serving mainly low-income families and MSMEs. FDCS’ portfolio distribution is as follows: MSMEs 35%; consumer loans 53% and housing 12% Fedecredito is an existing client of the IDBG. In 2010, the Bank approved a US$19 million A/B Loan to increase financing for municipal market modernization. Fedecredito has also received funding and technical assistance from the Multilateral Investment Fund (“MIF”) to improve its ability to serve the poorest segments of the country’s population; and support modernization and institutional strengthening. The IIC’s participation will consist of a US Dollar denominated note subscription to Fedecredito Remittance Funding Company Ltd. (the “Issuer”) in an amount of up to US$15 million (the “Note”). IFC and responsibility have already purchased US30 million in notes of this issuance. IIC’s Note will have an individual maximum tenor of 7 years with a 2-year grace period (the “Financing”). The proceeds of the Financing will be used to increase its lending activities for low-income housing and MSMEs. Brief Project Description: The Fedecredito System (“FDCS”) comprises 48 Cajas de Credito (“CC”) and 7 Bancos de los Trabajadores (“BDT”). Fedecredito is a second-tier FI, 100% privately-owned and supervised by El Salvador’s “Superintendencia del Sistema Financiero”. It was established in 1943 and its mission is to help develop an effective FDCS by providing its members with training and specialized technical services. The FDCS in turn constitutes the largest network of financing service providers in El Salvador, present in 187 of the 262 municipalities of the country. Fedecredito only provides financing to their member entities. The CCs and BDTs funnel this funds into the local market. As of December 2016, the FDCS was the 5th largest lender in the country with a loan portfolio of US$1.4 billion (market share of 11%), deposits of US$740 million and more than 961k credit users serving mainly low-income families and MSMEs. FDCS’ portfolio distribution is as follows: MSMEs 35%; consumer loans 53% and housing 12% Fedecredito is an existing client of the IDBG. In 2010, the Bank approved a US$19 million A/B Loan to increase financing for municipal market modernization. Fedecredito has also received funding and technical assistance from the Multilateral Investment Fund (“MIF”) to improve its ability to serve the poorest segments of the country’s population; and support modernization and institutional strengthening. IDB Invest Fedecredito Remittance Funding Company IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions 15000000 15000000 15000000 DPR Fedecredito Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12006-02 IDB Invest The Project consists of the construction, operation and maintenance of an 80 MWac (93.3MWp) solar photovoltaic (PV) plant and its associated facilities, including a 132kV 15km transmission line to be located near the City of Las Flores, Departamento de Iglesia, San Juan, Argentina (the “Project”). IIC is considering providing a USD [10M] 15-year senior project loan, and potentially a subordinated loan. IIC is playing a pivotal role in structuring the financing and mobilizing additional lenders to complete the financing package, including co-lenders, B-lenders, VAT lenders and climate funds. The Project would be the largest solar PV plant in Argentina financed under a limited-recourse project finance structure. With this, along with other renewable energy projects IIC is currently structuring in Argentina, IIC aims to demonstrate the viability of this type of financing in the new regulatory, economic and investment conditions in Argentina, including those established under Renewable Energy Law 27.191 and the RenovAr program. Brief Project Description: The Project will be owned by Cordillera Solar I S.A. (the “Borrower”) a vehicle indirectly owned by JinkoSolar Holding Co., Ltd. (the “Sponsor” or “JinkoSolar”). The Borrower signed a 20-year power purchase agreement (“PPA”) with the wholesale electric market administrator (“CAMMESA”) to inject energy to the national interconnection system (¨SADI¨) via the 132 kV Bauchaceta substation, located near the City of Las Flores, Departamento de Iglesia, San Juan, Argentina. The PPA was awarded to the Borrower following an international competitive bidding process launched by the Government of Argentina for the RenovAr 1.5 Program, at a price of USED 54.10 MWh. The project aims to complete construction and be commissioned in the third quarter of 2018, in line with commercial operation date committed in the PPA. The Project consists of the construction, operation and maintenance of an 80 MWac (93.3MWp) solar photovoltaic (PV) plant and its associated facilities, including a 132kV 15km transmission line to be located near the City of Las Flores, Departamento de Iglesia, San Juan, Argentina (the “Project”). IIC is considering providing a USD [10M] 15-year senior project loan, and potentially a subordinated loan. IIC is playing a pivotal role in structuring the financing and mobilizing additional lenders to complete the financing package, including co-lenders, B-lenders, VAT lenders and climate funds. The Project would be the largest solar PV plant in Argentina financed under a limited-recourse project finance structure. With this, along with other renewable energy projects IIC is currently structuring in Argentina, IIC aims to demonstrate the viability of this type of financing in the new regulatory, economic and investment conditions in Argentina, including those established under Renewable Energy Law 27.191 and the RenovAr program. Brief Project Description: The Project will be owned by Cordillera Solar I S.A. (the “Borrower”) a vehicle indirectly owned by JinkoSolar Holding Co., Ltd. (the “Sponsor” or “JinkoSolar”). The Borrower signed a 20-year power purchase agreement (“PPA”) with the wholesale electric market administrator (“CAMMESA”) to inject energy to the national interconnection system (¨SADI¨) via the 132 kV Bauchaceta substation, located near the City of Las Flores, Departamento de Iglesia, San Juan, Argentina. The PPA was awarded to the Borrower following an international competitive bidding process launched by the Government of Argentina for the RenovAr 1.5 Program, at a price of USED 54.10 MWh. The project aims to complete construction and be commissioned in the third quarter of 2018, in line with commercial operation date committed in the PPA. IDB Invest Cordillera Solar I S.A. IDB Invest Diaz Gomez, Anahi +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Energy 11000000 11000000 11000000 San Juan Solar Power Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12181-01 IDB Invest The objective of the investment is to increase access to financing for Mexican medium sized firms that lack the necessary ability and capacity to tap traditional long-term sources of funding. To support this objective, the Inter-American Investment Corporation (“IIC”) is proposing investing in Indigo 2 PD (the “Fund”), a private debt fund that will provide debt financing to Mexican medium sized companies. IIC will invest up to the lesser of MXN450 million or 20% of the Fund. Additionally, IIC will add strategic value to the Fund's team by participating on the Fund’s shareholder committee, by promoting the use of the Women’s Empowerment Tool at the Fund and portfolio levels, by providing trainings to the Fund Manager and portfolio companies on energy efficiency topics, and by having available up to three energy audits for potential portfolio companies. The objective of the investment is to increase access to financing for Mexican medium sized firms that lack the necessary ability and capacity to tap traditional long-term sources of funding. To support this objective, the Inter-American Investment Corporation (“IIC”) is proposing investing in Indigo 2 PD (the “Fund”), a private debt fund that will provide debt financing to Mexican medium sized companies. IIC will invest up to the lesser of MXN450 million or 20% of the Fund. Additionally, IIC will add strategic value to the Fund's team by participating on the Fund’s shareholder committee, by promoting the use of the Women’s Empowerment Tool at the Fund and portfolio levels, by providing trainings to the Fund Manager and portfolio companies on energy efficiency topics, and by having available up to three energy audits for potential portfolio companies. IDB Invest Capital Indigo IDB Invest Gutierrez Gutierrez, Martha Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Unspecified 24139000 24139000 24139000 Capital Indigo Private Debt Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12116-01 IDB Invest Moni is a provider of financial services and a virtual wallet intended to serve underserved and/or unserved banking industry consumers. The Inter-American Investment Corporation (“IIC”) funds will allow Moni to expand its loan portfolio in Argentina to underbanked sectors and to flexibly and efficiently expand the products and services it offers. The most significant impacts on development derived from the Project are as follows: (a) promotion of financial inclusion, primarily among the underbanked population, through short and medium-term microloans; (b) gradually increase the microloans terms; and (c) time and cost savings for individuals using a digital tool to pay bills and grant loans. Brief Description of the Project: The proposed Project will consist of a convertible debt of up to US$3 million with a three-year term for Finven Latam Inc. (“Moni”), to be granted by the IIC. Moni is a provider of financial services and a virtual wallet intended to serve underserved and/or unserved banking industry consumers. The Inter-American Investment Corporation (“IIC”) funds will allow Moni to expand its loan portfolio in Argentina to underbanked sectors and to flexibly and efficiently expand the products and services it offers. The most significant impacts on development derived from the Project are as follows: (a) promotion of financial inclusion, primarily among the underbanked population, through short and medium-term microloans; (b) gradually increase the microloans terms; and (c) time and cost savings for individuals using a digital tool to pay bills and grant loans. Brief Description of the Project: The proposed Project will consist of a convertible debt of up to US$3 million with a three-year term for Finven Latam Inc. (“Moni”), to be granted by the IIC. IDB Invest Finven Latam Inc. (“Moni”) IDB Invest Piffaretti, Pablo Eduardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Digital Economy 5000000 5000000 5000000 Moni Online S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12046-01 IDB Invest The operation consists of a five-year term loan for a maximum amount of US$10 million. The loan to NS AGRO S.A. will be used to finance the permanent working capital of this company, also allowing it to improve its financial profile and diversify its sources of financing. The total cost of the project is US $10 million. The operation consists of a five-year term loan for a maximum amount of US$10 million. The loan to NS AGRO S.A. will be used to finance the permanent working capital of this company, also allowing it to improve its financial profile and diversify its sources of financing. The total cost of the project is US $10 million. IDB Invest NS AGRO S.A. IDB Invest Cat, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Agribusiness 10000000 10000000 10000000 NS AGRO S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12056-01 IDB Invest The proposed operation consists of a senior loan to Gandules, which includes two tranches: (i) Commitment Tranche of up to US$15 million for: (a) US$8.0 million for investments in industrial fixed assets to automate processes, improve quality and increase capacity, (b) US$1.0 million for investments in water wells to increase the water resources, and (c) US$6.0 million for refinancing of financial debt; (ii) Non-Committed Tranche for up to US$5.0 million for investments acceptable to the IIC in fixed assets or expansion of agricultural frontier (jointly (i) and (ii) "Project"). Gandules began operations in 2002, is a partially vertically integrated business with activities spanning the whole agricultural value chain, incorporating farming, processing, marketing, and trading. Is a leading export market in Capsicums (green chili, jalapeños, cherry, peppadew, etc.). Other crops include mango, pineapple and beans. Gandules operates 1.135 Ha through a mix of own and third party (53%) lands. Additionally, Gandules owns 2914 Ha of uncropped lands. Processing output is 724 Tons/day from two canning facilities (480t/day), frozen food plant (64 t/day), and one plant devoted to fresh produce (180 t/day). With this project, Gandules will increase its canned and frozen production capacity by 27% and 14%, respectively. It employs a working population that varies between 3,500 and 6,000 workers in all stages of its productive chain, 70% of whom are women. The proposed operation consists of a senior loan to Gandules, which includes two tranches: (i) Commitment Tranche of up to US$15 million for: (a) US$8.0 million for investments in industrial fixed assets to automate processes, improve quality and increase capacity, (b) US$1.0 million for investments in water wells to increase the water resources, and (c) US$6.0 million for refinancing of financial debt; (ii) Non-Committed Tranche for up to US$5.0 million for investments acceptable to the IIC in fixed assets or expansion of agricultural frontier (jointly (i) and (ii) "Project"). Gandules began operations in 2002, is a partially vertically integrated business with activities spanning the whole agricultural value chain, incorporating farming, processing, marketing, and trading. Is a leading export market in Capsicums (green chili, jalapeños, cherry, peppadew, etc.). Other crops include mango, pineapple and beans. Gandules operates 1.135 Ha through a mix of own and third party (53%) lands. Additionally, Gandules owns 2914 Ha of uncropped lands. Processing output is 724 Tons/day from two canning facilities (480t/day), frozen food plant (64 t/day), and one plant devoted to fresh produce (180 t/day). With this project, Gandules will increase its canned and frozen production capacity by 27% and 14%, respectively. It employs a working population that varies between 3,500 and 6,000 workers in all stages of its productive chain, 70% of whom are women. IDB Invest Gandules Inc. S.A.C. IDB Invest Narvaez, Carlos Eduardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Agribusiness 15000000 15000000 15000000 Gandules Inc. S.A.C. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11985-01 IDB Invest IIC will support Nucleo S.A.’s (the “Company”) three-year investment plan (2017-2019), which consists of: (a) license acquisition of the 700Mhz 4G LTE spectrum public auction sponsored by Comisión Nacional de Telecomunicaciones de Paraguay (“CONATEL” or the “Regulator”); (b) expansion and deployment of 3G/4G network and related infrastructure, and; c) maintenance of the existing network (the “Project”). The total Project cost is estimated at US$180 million equiv. in Guaranies. The Company will finance this investment plan with a combination of cash from operations and the IIC A-Loan of up to US$60 million equiv. in local currency that potentially could be complemented with additional US$10 million equiv. in Guaranies loan from local commercial banks (“Parallel Financing”). The proposed financing will be structured as a senior unsecured loan and have the tenor of up to 6 years with 2 year grace period. In March 2017, the IIC successfully registered in the Comisión Nacional de Valores (“CNV”) a global local bond program of up to US$180 million equiv. in Guaranies to support IDB Group’s development mandate in Paraguay. Nucleo’s financing from IIC will be the first under such global local bond program, whereas a public offering of up to US$60 million to fund this deal is expected in December 2017. This public bond offering by IIC will be the first of its kind in the Paraguayan local capital market. The Project will contribute to: (i) improving mobile broadband connectivity and capacity for both retail and business subscribers; and (ii) expanding mobile broadband coverage and capacity both in the urban and rural / remote areas. It is well known that access to broadband connectivity promotes the so-called Digital Economy while increasing productivity and ultimately enhancing the country’s competitiveness. The proposed Project not only is in line with the Paraguayan National Telecommunication Plan 2016-2020[1] which intends to expand the mobile telecommunication coverage in Paraguay and improve affordable broadband internet coverage in urban and rural areas but also is aligned with IIC’s Business Priority Areas in terms of promoting infrastructure for development and innovation-technological development. [1] Plan Nacional de Telecomunicaciones Paraguay 2016-2020” Comisión Nacional de Telecomunicaciones - CONATEL https://www.conatel.gov.py/images/iprincipal/PNT%202016_2020/RD.244.2016%20-%20PNT%202016_2020.pdf IIC will support Nucleo S.A.’s (the “Company”) three-year investment plan (2017-2019), which consists of: (a) license acquisition of the 700Mhz 4G LTE spectrum public auction sponsored by Comisión Nacional de Telecomunicaciones de Paraguay (“CONATEL” or the “Regulator”); (b) expansion and deployment of 3G/4G network and related infrastructure, and; c) maintenance of the existing network (the “Project”). The total Project cost is estimated at US$180 million equiv. in Guaranies. The Company will finance this investment plan with a combination of cash from operations and the IIC A-Loan of up to US$60 million equiv. in local currency that potentially could be complemented with additional US$10 million equiv. in Guaranies loan from local commercial banks (“Parallel Financing”). The proposed financing will be structured as a senior unsecured loan and have the tenor of up to 6 years with 2 year grace period. In March 2017, the IIC successfully registered in the Comisión Nacional de Valores (“CNV”) a global local bond program of up to US$180 million equiv. in Guaranies to support IDB Group’s development mandate in Paraguay. Nucleo’s financing from IIC will be the first under such global local bond program, whereas a public offering of up to US$60 million to fund this deal is expected in December 2017. This public bond offering by IIC will be the first of its kind in the Paraguayan local capital market. The Project will contribute to: (i) improving mobile broadband connectivity and capacity for both retail and business subscribers; and (ii) expanding mobile broadband coverage and capacity both in the urban and rural / remote areas. It is well known that access to broadband connectivity promotes the so-called Digital Economy while increasing productivity and ultimately enhancing the country’s competitiveness. The proposed Project not only is in line with the Paraguayan National Telecommunication Plan 2016-2020[1] which intends to expand the mobile telecommunication coverage in Paraguay and improve affordable broadband internet coverage in urban and rural areas but also is aligned with IIC’s Business Priority Areas in terms of promoting infrastructure for development and innovation-technological development. [1] Plan Nacional de Telecomunicaciones Paraguay 2016-2020” Comisión Nacional de Telecomunicaciones - CONATEL https://www.conatel.gov.py/images/iprincipal/PNT%202016_2020/RD.244.2016%20-%20PNT%202016_2020.pdf IDB Invest Nucleo S.A. IDB Invest Cabanas Britos, Edgar +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Digital Economy 60000000 60000000 60000000 Nucleo S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12177-01 IDB Invest DPWorld Posorja S.A (the “DPWP” “Company” or “the Borrower”) was awarded in June 2016 a 50-year concession for the development, construction, operation and maintenance of a general purpose deep-water port located at Posorja, about 85 km southwest of Guayaquil, Ecuador (the “Port”). The project will require a total investment of over US$1.0 billion, and will be developed in two phases. The first phase, that will have a footprint of approximately 40 hectares (ha) and was conceived to achieve an annual handling capacity of 800,000 twenty-foot-equivalent units, is expected to be completed by 2019. It includes land acquisition, dredging of a new access channel and the construction of a 400-meter berth and of a 20-kilometer access road. The port will offer a 15-meter draft compared with the current 9.75-meter draft at the existing Guayaquil port. The second phase will expand the project’s footprint to a total of 63 ha due to the construction of in ground additional facilities (out of the scope of the proposed financing). The local government is planning to construct a 2,500 ha industrial park immediately adjacent to the port. Construction of the Project’s access road began in May, 2017. Phase 1 of the Posorja Port project requires a total investment of approximately US$503.8 million. The financial plan is expected to be composed of Equity and Senior Loans comprised by an IIC and IDB A-loans, an IIC B-Loan and Co-Loans from other Development Finance Institutions. DPWorld Posorja S.A (the “DPWP” “Company” or “the Borrower”) was awarded in June 2016 a 50-year concession for the development, construction, operation and maintenance of a general purpose deep-water port located at Posorja, about 85 km southwest of Guayaquil, Ecuador (the “Port”). The project will require a total investment of over US$1.0 billion, and will be developed in two phases. The first phase, that will have a footprint of approximately 40 hectares (ha) and was conceived to achieve an annual handling capacity of 800,000 twenty-foot-equivalent units, is expected to be completed by 2019. It includes land acquisition, dredging of a new access channel and the construction of a 400-meter berth and of a 20-kilometer access road. The port will offer a 15-meter draft compared with the current 9.75-meter draft at the existing Guayaquil port. The second phase will expand the project’s footprint to a total of 63 ha due to the construction of in ground additional facilities (out of the scope of the proposed financing). The local government is planning to construct a 2,500 ha industrial park immediately adjacent to the port. Construction of the Project’s access road began in May, 2017. Phase 1 of the Posorja Port project requires a total investment of approximately US$503.8 million. The financial plan is expected to be composed of Equity and Senior Loans comprised by an IIC and IDB A-loans, an IIC B-Loan and Co-Loans from other Development Finance Institutions. IDB Invest DPWorld Posorja S.A. IDB Invest Fernandez Alvarez de Lugo, Monica +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Transport 60000000 60000000 60000000 Posorja Port Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO3741A-01 IDB Invest The Project consists in providing an Unsecured Senior Loan of up to US$12 million to Banco del País S.A. ("Banpaís" or "the Bank") to increase the small and medium-sized enterprises (“SME”) portfolio. The tenor is up to five years, which represents a financial additionality to Banpaís as it mostly operates with short-term funding. Of the US$12 million, the Inter-American Investment Corporation (“IIC”) will contribute US$8 million from its own account, and will bring potentially in an additional US$4 million through the China Co-Financing Fund. In addition, it is expected that this Project will be complemented by an Advisory Services (“AS”) component with the GREENPYME program, which objective is to provide: (i) training workshops for Banpaís ’clients on energy efficiency, renewable energy and water management; and (ii) an online training course for Banpaís employees to strengthen the internal capacity of analysis of green projects, and to make them aware of the different existing technologies and the risks associated with this type of projects. In addition, the AS will also support Banpaí´s clients by carrying out energy audits and water management reports. The Project consists in providing an Unsecured Senior Loan of up to US$12 million to Banco del País S.A. ("Banpaís" or "the Bank") to increase the small and medium-sized enterprises (“SME”) portfolio. The tenor is up to five years, which represents a financial additionality to Banpaís as it mostly operates with short-term funding. Of the US$12 million, the Inter-American Investment Corporation (“IIC”) will contribute US$8 million from its own account, and will bring potentially in an additional US$4 million through the China Co-Financing Fund. In addition, it is expected that this Project will be complemented by an Advisory Services (“AS”) component with the GREENPYME program, which objective is to provide: (i) training workshops for Banpaís ’clients on energy efficiency, renewable energy and water management; and (ii) an online training course for Banpaís employees to strengthen the internal capacity of analysis of green projects, and to make them aware of the different existing technologies and the risks associated with this type of projects. In addition, the AS will also support Banpaí´s clients by carrying out energy audits and water management reports. IDB Invest Banco del País, S.A. IDB Invest Espinoza Diaz, Jose Alejandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Financial Institutions 8000000 8000000 8000000 Banpaís Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12098-01 IDB Invest The IIC seeks to provide to LAAD Americas N.V. (the “Company” or “Borrower”) a senior unsecured of up to US$45 million A Loan. The structure of the transaction is aligned with LAAD business model of providing medium-long-term financing to small and medium, privately-owned agribusiness companies (sub-projects) that are export oriented. During 2016 LAAD's greatest portfolio growth in absolute terms occurred principally in Brazil, Ecuador, Nicaragua, and Peru. LAAD subprojects in general generate socioeconomic benefits through full time and part time employment in the poor rural areas of the countries where it operates, where the poorest of the poor have no other means of income. Knowledge dissemination is a key element of agricultural sector development promoted by LAAD. Best practice lessons learned from clients and from innovation are scaled up throughout the LAC region to other producers. LAAD has raised donor funds for technology dissemination and compliance with voluntary certifications, which in turn will improve market access. One example are the funds raised by LAAD to assist subprojects to achieve third-party certifications, such as RSPO for palm oil clients (a tree crop considered as a driver of deforestation, and standard-compliant production in the palm oil sector has the highest annual growth rate in market penetration worldwide). The IIC seeks to provide to LAAD Americas N.V. (the “Company” or “Borrower”) a senior unsecured of up to US$45 million A Loan. The structure of the transaction is aligned with LAAD business model of providing medium-long-term financing to small and medium, privately-owned agribusiness companies (sub-projects) that are export oriented. During 2016 LAAD's greatest portfolio growth in absolute terms occurred principally in Brazil, Ecuador, Nicaragua, and Peru. LAAD subprojects in general generate socioeconomic benefits through full time and part time employment in the poor rural areas of the countries where it operates, where the poorest of the poor have no other means of income. Knowledge dissemination is a key element of agricultural sector development promoted by LAAD. Best practice lessons learned from clients and from innovation are scaled up throughout the LAC region to other producers. LAAD has raised donor funds for technology dissemination and compliance with voluntary certifications, which in turn will improve market access. One example are the funds raised by LAAD to assist subprojects to achieve third-party certifications, such as RSPO for palm oil clients (a tree crop considered as a driver of deforestation, and standard-compliant production in the palm oil sector has the highest annual growth rate in market penetration worldwide). IDB Invest LAAD Americas N.V. IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Agribusiness 30000000 30000000 30000000 Latin American Agribusiness Development Corporation S.A., “LAAD” Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12068-01 IDB Invest The Inter-American Investment Corporation (IIC), a member of the Inter-American Development Bank (IDB) Group, is considering providing a corporate financing for Terminal Zárate, S.A. (TZ) located in the province of Buenos Aires, Argentina. The use the proceeds will be mainly to finance an investment plan associated with the port operation, improvements to the Zarate Container Terminal as well as new capital expenditures to enable TZ to continue growing in the container business. The total project cost is estimated to be approximately USD 60 million. The financial plan is expected to be composed of an IIC and IDB A-loans and a B-Loan, with an 8-year tenor, including a principal grace period. The Inter-American Investment Corporation (IIC), a member of the Inter-American Development Bank (IDB) Group, is considering providing a corporate financing for Terminal Zárate, S.A. (TZ) located in the province of Buenos Aires, Argentina. The use the proceeds will be mainly to finance an investment plan associated with the port operation, improvements to the Zarate Container Terminal as well as new capital expenditures to enable TZ to continue growing in the container business. The total project cost is estimated to be approximately USD 60 million. The financial plan is expected to be composed of an IIC and IDB A-loans and a B-Loan, with an 8-year tenor, including a principal grace period. IDB Invest Terminal Zárate, S.A. IDB Invest Vieira Pereira de Almeida, Tomas +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Transport 10000000 10000000 10000000 Terminal Zarate Expansion Program Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12082-01 IDB Invest The loan to CDN aims to provide long-term financing for the construction of a new distribution center located in Sabana Grande, outside of Managua capital. The estimated total project is estimated at US$25 million. The construction will include storage warehouses, parking lots, administrative office buildings, service areas, and a new filtration well system, which re-inserts rainwater into the aquifers of the zone. This will be the biggest warehousing facility in the country that has this sustainability characteristic. At the same time and as part of the indirect benefits of the project, some rural roads in poor condition around the project will be enhance. For example: routes #1 and #154 that rides East-West could be connected completely with a North-South corridor that passes in front of the new facilities. Approximately, 1.6 kilometers in bad conditions (access roads to new CDN facilities) will be enhanced to facilitate better circulation around the area, and will also help decongesting traffic over Nicaragua’s most important route (Pan-American CA#1). The loan to CDN aims to provide long-term financing for the construction of a new distribution center located in Sabana Grande, outside of Managua capital. The estimated total project is estimated at US$25 million. The construction will include storage warehouses, parking lots, administrative office buildings, service areas, and a new filtration well system, which re-inserts rainwater into the aquifers of the zone. This will be the biggest warehousing facility in the country that has this sustainability characteristic. At the same time and as part of the indirect benefits of the project, some rural roads in poor condition around the project will be enhance. For example: routes #1 and #154 that rides East-West could be connected completely with a North-South corridor that passes in front of the new facilities. Approximately, 1.6 kilometers in bad conditions (access roads to new CDN facilities) will be enhanced to facilitate better circulation around the area, and will also help decongesting traffic over Nicaragua’s most important route (Pan-American CA#1). IDB Invest Compañía Distribuidora de Nicaragua S.A. (“CDN”) IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Unspecified 13000000 13000000 13000000 Compañía Distribuidora de Nicaragua S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11575-05 IDB Invest The objective of the Project is the financing of the construction, operation and maintenance a wind farm of approximately 100 MW and its associated facilities. The Project connects to the 132 kV electric power transmission line “Petroquímica-Puerto Deseado” which runs right next to the Project. As part of the interconnection works, the 500 kV Santa Cruz Norte substation will be boosted with a new 150 MVA 500 kV/132 kV transformer. The total project cost is approximately US$ 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. IDB Invest Parque Eólico del Bicentenario S.A. (PEBSA) IDB Invest Minarrieta Iravedra, Mauricio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Energy 12000000 12000000 12000000 Bicentenario Wind Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12088-01 IDB Invest 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$7 billion over the 20-year life of the concession. Altán Redes S.A.P.I. de C.V. (“Altán”) was awarded the international tender process for the design, deployment, operation and maintenance of Red Compartida by the Mexican Ministry of Communications and Transportation in November 2016. Red Compartida will be the first and only Mexican neutral wholesale 4G LTE mobile communications network that will provide mobile broadband coverage to at least 92.2% of the Mexican population. Structured as a public-private partnership, Red Compartida is expected to provide multiple benefits to the population, such as: increase high speed wireless broadband coverage, improve the quality of telecommunication services, contribute to lowering mobile telecommunication prices, allow for more competition in the telecommunication sector, promote productivity and competitiveness of the Mexican economy, foster innovation in digital services, and allow for better and more efficient use of the spectrum. IDB Invest Altán Redes S.A.P.I. de C.V. (“Altán”) IDB Invest Caicedo Toro, Andres Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Digital Economy 12000000 12000000 12000000 Altán Redes S.A.P.I. de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11967-01 IDB Invest The proposed Project consists of a financing mechanism of up to US$ 40 million (“Financing Agreement for SMEs”) for Banco Supervielle S.A. (“Supervielle” or the “Bank”) that will allow the Bank to finance small and medium-sized enterprises (“SMEs”) sub-projects. The SME Financing Agreement will support the development and growth of SMEs, especially focusing in the province of Mendoza where at least 50% of the proposed financing will be directed. The financial instrument under review will provide Supervielle: (i) an A-Loan from the Inter American Investment Corporation (“IIC”) of up to US$ 15 million, and (ii) another A-Loan from the Inter-American Development Bank (“IDB”) of up to US$ 25 million. The aggregate financing amount from the IDB Group will be of up to US$40 million to be disbursed in several tranches between three and five year terms. The proposed Project consists of a financing mechanism of up to US$ 40 million (“Financing Agreement for SMEs”) for Banco Supervielle S.A. (“Supervielle” or the “Bank”) that will allow the Bank to finance small and medium-sized enterprises (“SMEs”) sub-projects. The SME Financing Agreement will support the development and growth of SMEs, especially focusing in the province of Mendoza where at least 50% of the proposed financing will be directed. The financial instrument under review will provide Supervielle: (i) an A-Loan from the Inter American Investment Corporation (“IIC”) of up to US$ 15 million, and (ii) another A-Loan from the Inter-American Development Bank (“IDB”) of up to US$ 25 million. The aggregate financing amount from the IDB Group will be of up to US$40 million to be disbursed in several tranches between three and five year terms. IDB Invest Banco Supervielle S.A. IDB Invest Patti, Lucila Andrea +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions 10000000 10000000 10000000 Banco Supervielle SME Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11599-01 IDB Invest The operation consists of a 7-year loan for up to US$12 million corresponding to 69% of the total value of the construction of a new module of 20 hectares of greenhouses for hydroponic vegetable cultivation and for the working capital required for its operation. The loan will be guaranteed by: (i) mortgage on the land on which the new greenhouses are built; (ii) pledge on new greenhouses; and (iii) guarantee provided by the Canadian Export Development Agency (EDC) for up to 85% of the value of the project to be financed. The main reason for this type of guarantee is that the technology of the greenhouse comes from Canada, the supplier being the company Les Serres Harnois (http://www.harnois.com/), who has already installed other modules for Cimarrón. The operation consists of a 7-year loan for up to US$12 million corresponding to 69% of the total value of the construction of a new module of 20 hectares of greenhouses for hydroponic vegetable cultivation and for the working capital required for its operation. The loan will be guaranteed by: (i) mortgage on the land on which the new greenhouses are built; (ii) pledge on new greenhouses; and (iii) guarantee provided by the Canadian Export Development Agency (EDC) for up to 85% of the value of the project to be financed. The main reason for this type of guarantee is that the technology of the greenhouse comes from Canada, the supplier being the company Les Serres Harnois (http://www.harnois.com/), who has already installed other modules for Cimarrón. IDB Invest Hortícola Cimarrón S.A. de C.V. IDB Invest Martinez Gama, Carlos +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 12000000 12000000 12000000 CIMARRON Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12103-01 IDB Invest Development of local bond markets contributes to deepen the financial system and increases countries’ resilience to the reversal of capital flows during periods of financial instability; capital markets help mobilize domestic savings for financing long-term investments reducing dependency on external borrowing. Latin America and the Caribbean countries (“LAC”) lag other emerging markets regions in terms of capital market development, namely in private sector participation. LAC corporate bond issuances represent only 33% of GDP vs. East Asia with 95% and Eastern Europe with 43%. Corporate bond markets in LAC are also characterized by a high concentration in highly rated companies (AA rating or above), lack of liquidity, small size of corporate issuances and shorter maturities than sovereign bonds.The IDB Group is seeking to support LAC private sector issuers1 in accessing Debt Capital Markets financing with two products both in local currency and USD: (i) partial credit guarantees (“PCGs”) that will act as credit enhancement to meet local institutional investors’ risk appetite and rating requirements; and (ii) the subscription of debt securities2 which is expected to act as “seal of quality” to boost investors’ confidence. Private sector issuers are expected to benefit from bond issuances as they provide a more diversified base of financing, and better financial terms (longer maturities, larger ticket sizes, etc.). The Program is expected to contribute to deepen financial systems of LAC.______________________1 Private sector issuers include: Corporates, Financial Intermediaries, Special, Purpose Vehicles, and any other entity eligible to receive financing in accordance to IDB Group policies.2 Debt securities are debt instruments issued by corporates, financial institutions, sub-nationals entities, included among others: bonds, notes, debentures, certificates, commercial paper that are traded in the capital markets. Development of local bond markets contributes to deepen the financial system and increases countries’ resilience to the reversal of capital flows during periods of financial instability; capital markets help mobilize domestic savings for financing long-term investments reducing dependency on external borrowing. Latin America and the Caribbean countries (“LAC”) lag other emerging markets regions in terms of capital market development, namely in private sector participation. LAC corporate bond issuances represent only 33% of GDP vs. East Asia with 95% and Eastern Europe with 43%. Corporate bond markets in LAC are also characterized by a high concentration in highly rated companies (AA rating or above), lack of liquidity, small size of corporate issuances and shorter maturities than sovereign bonds.The IDB Group is seeking to support LAC private sector issuers1 in accessing Debt Capital Markets financing with two products both in local currency and USD: (i) partial credit guarantees (“PCGs”) that will act as credit enhancement to meet local institutional investors’ risk appetite and rating requirements; and (ii) the subscription of debt securities2 which is expected to act as “seal of quality” to boost investors’ confidence. Private sector issuers are expected to benefit from bond issuances as they provide a more diversified base of financing, and better financial terms (longer maturities, larger ticket sizes, etc.). The Program is expected to contribute to deepen financial systems of LAC.______________________1 Private sector issuers include: Corporates, Financial Intermediaries, Special, Purpose Vehicles, and any other entity eligible to receive financing in accordance to IDB Group policies.2 Debt securities are debt instruments issued by corporates, financial institutions, sub-nationals entities, included among others: bonds, notes, debentures, certificates, commercial paper that are traded in the capital markets. IDB Invest Issuers: Corporates, Financial Intermediaries, Special Purpose Vehicles and any entity eligible to receive financing in accordance to IDB Group policies IDB Invest Arguello Munoz, Carlos Roberto +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 400000000 400000000 400000000 Debt Capital Markets (DCM) Program Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12235-01 IDB Invest The proposed Project entails extending a seven-year revolving credit facility for up to US$15 million to Banco CMF, a niche market player in Argentina with a clear focus on the financing of small and medium enterprises (“SMEs”). The proposed project has the purpose of assisting Banco CMF in its efforts of increasing its lending position to SMEs in Argentina. The proposed Project entails extending a seven-year revolving credit facility for up to US$15 million to Banco CMF, a niche market player in Argentina with a clear focus on the financing of small and medium enterprises (“SMEs”). The proposed project has the purpose of assisting Banco CMF in its efforts of increasing its lending position to SMEs in Argentina. IDB Invest Banco CMF S.A. IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions 10000000 10000000 10000000 Banco CMF SME Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12050-01 IDB Invest The IIC is proposing an equity investment for up to US$10 million as a limited partner into MAS Equity Fund III (the “Fund”), a Colombian private equity fund targeting investments in high growth companies operating in Colombia or focused in Colombia. The Fund will have a life of eight years with the possibility to extend two additional years starting April 2016. MAS Equity Fund III is the third fund managed by the partners of MAS Equity Partners in Colombia. It is a multi-sector fund that will primarily acquire minority positions in mid-market companies with a focus on: (a) niche segments and changing demographics; (b) strong and disciplined management teams with clear vision; (c) innovative business models in segments with sustainable competitive advantages; (d) clear value creation plan and exit opportunities; and (e) businesses with potential to expand nationally and internationally. IIC’s additionality relates to the provision of equity allowing the Fund to reach a higher closing amount, provision of regional expertise, access to a regional network for the fund and its portfolio companies, and Environmental, Social And Governance (“ESG”) improvements. The IIC is proposing an equity investment for up to US$10 million as a limited partner into MAS Equity Fund III (the “Fund”), a Colombian private equity fund targeting investments in high growth companies operating in Colombia or focused in Colombia. The Fund will have a life of eight years with the possibility to extend two additional years starting April 2016. MAS Equity Fund III is the third fund managed by the partners of MAS Equity Partners in Colombia. It is a multi-sector fund that will primarily acquire minority positions in mid-market companies with a focus on: (a) niche segments and changing demographics; (b) strong and disciplined management teams with clear vision; (c) innovative business models in segments with sustainable competitive advantages; (d) clear value creation plan and exit opportunities; and (e) businesses with potential to expand nationally and internationally. IIC’s additionality relates to the provision of equity allowing the Fund to reach a higher closing amount, provision of regional expertise, access to a regional network for the fund and its portfolio companies, and Environmental, Social And Governance (“ESG”) improvements. IDB Invest MAS Equity Fund III L.P. IDB Invest Vargas Gomez, Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 9936780 9936780 9936780 MAS Equity Partners Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12043-01 IDB Invest Usina Santa Adélia S.A. is a Brazilian company dedicated to the production of sugar and ethanol (anhydrous and hydrated), with an installed capacity of electric power generation, from the burning of sugarcane bagasse, of 129 MW. The proposed of IIC´s financing consists of a loan to Santa Adélia to finance: (i) the renovation of existing sugar cane plantations; (ii) CAPEX maintenance; and (iii) working capital, in accordance with applicable law. The total cost of the project is US$60 million. Usina Santa Adélia S.A. is a Brazilian company dedicated to the production of sugar and ethanol (anhydrous and hydrated), with an installed capacity of electric power generation, from the burning of sugarcane bagasse, of 129 MW. The proposed of IIC´s financing consists of a loan to Santa Adélia to finance: (i) the renovation of existing sugar cane plantations; (ii) CAPEX maintenance; and (iii) working capital, in accordance with applicable law. The total cost of the project is US$60 million. IDB Invest Usina Santa Adélia S.A. IDB Invest de Paiva Ferraz, Joao Victor +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Agribusiness Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12063-02 IDB Invest The Achiras Wind Power Project (the “Project”) consists of the construction, operation, and maintenance of a 47,25MW wind farm and related facilities, including a 132KV 16 km-long transmission line that will be located in the Rio Cuarto Department, in the southwest area of the Cordoba Province in Argentina. The Project total cost is estimated in US$81 million, to be financed with an IDB Group “A” Loan of approximately US$27 million. Such financing will be supplemented by an IFC “A” Loan, and the participation of a local bank for local content equipment financing, and capital contributions. The Project will have positive impacts on development, such as: (i) adding 47,25MW of renewable capacity to the Argentine grid in order to diversify the energy matrix that relies mostly on hydro and thermal power generation, and representing 20% of the total installed capacity goal of non-conventional renewable energy (NCRE) by 2025, and (ii) displacing around 100,000 equivalent tons of carbon emissions per year. The Achiras Wind Power Project (the “Project”) consists of the construction, operation, and maintenance of a 47,25MW wind farm and related facilities, including a 132KV 16 km-long transmission line that will be located in the Rio Cuarto Department, in the southwest area of the Cordoba Province in Argentina. The Project total cost is estimated in US$81 million, to be financed with an IDB Group “A” Loan of approximately US$27 million. Such financing will be supplemented by an IFC “A” Loan, and the participation of a local bank for local content equipment financing, and capital contributions. The Project will have positive impacts on development, such as: (i) adding 47,25MW of renewable capacity to the Argentine grid in order to diversify the energy matrix that relies mostly on hydro and thermal power generation, and representing 20% of the total installed capacity goal of non-conventional renewable energy (NCRE) by 2025, and (ii) displacing around 100,000 equivalent tons of carbon emissions per year. IDB Invest Central Puerto Achiras S.A.U IDB Invest Minarrieta Iravedra, Mauricio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Energy 10000000 10000000 10000000 Achiras Wind Power Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11807-04 IDB Invest The proposed Loan to Banco Múltiple BHD León, S.A. (“BHDL”) will be for up to US$50 million or its equivalent in Dominican Pesos (“DOP”) to support the growth of small and medium sized businesses (“SMEs”) in the Dominican Republic (“DR”). In particular, the Project seeks to promote access to finance for women-owned SMEs in the DR through BHDL’s Mujer Mujer Program, which provides a comprehensive approach to serving the female market, including specialized loan and non financial services for women-owned SMEs. BHDL has embraced the market opportunity to support the growth of women-led businesses and taken a leadership role in developing a value proposition of products and services to better provide access to finance and growth opportunities for women in the DR. BHDL’s Mujer Mujer Program, launched in 2014, provides a wide range of adapted products, including tailored working capital and investment loans. In recognition of the fact that women-owned businesses seek additional non-financial products and benefit from access to mentoring and business advisory services, BHDL’s comprehensive offering—developed in part through the Global Alliance for Banking on Women (“GBA”)—includes health and business insurance, credit cards with embedded benefits deemed most attractive to women clients, and networking events, to effectively support the overall growth and success of its SME clients. The IIC Loan will be a senior unsecured financing of up to US$50 million comprised or its equivalent in DOP. The proposed IIC Financing to BHDL would specifically target women-owned SMEs and seek to a target client number representing a larger share of the BHDL SME portfolio. The tenor of the IIC Loan is expected to be for up to 5 years. The IIC Loan will be complemented by Advisory Services, which will support BHDL’s efforts to become a true market leader and emblematic role model for gender targeted lending, through the Swiss-based EDGE Certification. If obtained, the EDGE Certification would recognize BHDL’s efforts to implement ambitious gender equality measures as part of its corporate culture and adopt practices that mirror its equitable product offering for women clients. The proposed Loan to Banco Múltiple BHD León, S.A. (“BHDL”) will be for up to US$50 million or its equivalent in Dominican Pesos (“DOP”) to support the growth of small and medium sized businesses (“SMEs”) in the Dominican Republic (“DR”). In particular, the Project seeks to promote access to finance for women-owned SMEs in the DR through BHDL’s Mujer Mujer Program, which provides a comprehensive approach to serving the female market, including specialized loan and non financial services for women-owned SMEs. BHDL has embraced the market opportunity to support the growth of women-led businesses and taken a leadership role in developing a value proposition of products and services to better provide access to finance and growth opportunities for women in the DR. BHDL’s Mujer Mujer Program, launched in 2014, provides a wide range of adapted products, including tailored working capital and investment loans. In recognition of the fact that women-owned businesses seek additional non-financial products and benefit from access to mentoring and business advisory services, BHDL’s comprehensive offering—developed in part through the Global Alliance for Banking on Women (“GBA”)—includes health and business insurance, credit cards with embedded benefits deemed most attractive to women clients, and networking events, to effectively support the overall growth and success of its SME clients. The IIC Loan will be a senior unsecured financing of up to US$50 million comprised or its equivalent in DOP. The proposed IIC Financing to BHDL would specifically target women-owned SMEs and seek to a target client number representing a larger share of the BHDL SME portfolio. The tenor of the IIC Loan is expected to be for up to 5 years. The IIC Loan will be complemented by Advisory Services, which will support BHDL’s efforts to become a true market leader and emblematic role model for gender targeted lending, through the Swiss-based EDGE Certification. If obtained, the EDGE Certification would recognize BHDL’s efforts to implement ambitious gender equality measures as part of its corporate culture and adopt practices that mirror its equitable product offering for women clients. IDB Invest Banco Múltiple BHD León S.A. IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Financial Institutions 50000000 50000000 50000000 BHD Leon Loan to Women Led PYMEs Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12081-01 IDB Invest Project financing consists of a US$3,000,000 senior unsecured loan to APD Limited. The use of proceeds will be to finance the installation of a rooftop solar PV system on APD's main building at the port, as well as financing other small energy efficiency activities. The Project will reduce the carbon footprint of APD by decreasing consumption of electricity from the grid through an investment that generates zero-emission electricity. As a result, the Project will improve the Company’s financial strength and competitiveness by reducing long-term operational costs through lower electricity costs. Project financing consists of a US$3,000,000 senior unsecured loan to APD Limited. The use of proceeds will be to finance the installation of a rooftop solar PV system on APD's main building at the port, as well as financing other small energy efficiency activities. The Project will reduce the carbon footprint of APD by decreasing consumption of electricity from the grid through an investment that generates zero-emission electricity. As a result, the Project will improve the Company’s financial strength and competitiveness by reducing long-term operational costs through lower electricity costs. IDB Invest APD Limited IDB Invest Flores, Juan Gabriel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bahamas Bahamas Transport 3000000 3000000 3000000 Arawak Port Expansion and Energy Efficiency Program Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12005-01 IDB Invest Renova S.A. posee una planta de molienda de soja y un puerto en Timbúes, Santa Fe, con una capacidad total de molienda de 20.000 toneladas/día, además posee una planta de biodiesel en San Lorenzo con una capacidad de procesamiento de 480.000 toneladas/año. La CII busca otorgar un Préstamo de hasta US$75 millones con un plazo de hasta 9 años, incluyendo un período de gracia de 2 años a Renova S.A. para apoyar la construcción de (i) una tercera línea de molienda de soja con capacidad para 10.000 ton/día; (ii) un nuevo puerto de granos con capacidad de carga de 4.000 toneladas/hora; (iii) un puerto de barcazas con capacidad de 9.000 ton/día; y (iv) la refinanciación de la deuda existente (el "Proyecto"). Renova es una joint venture entre Vicentin S.A.I.C. y Oleaginosa Moreno Hermanos S.A.C.I.F.I. (OHMSA), una subsidiaria de la multinacional Glencore Agriculture. Vicentin, es una empresa familiar que fue constituida en 1929. Es una de las mayores procesadoras de soja en Argentina, posee otras tres instalaciones y una terminal portuaria en el área del Gran Rosario, y otras dos plantas de biocombustibles en el norte de Santa Fe. OHMSA opera dos plantas de molienda de granos, una refinería de aceite vegetal, dos instalaciones de almacenamiento y dos puertos, entre otros. Renova S.A. posee una planta de molienda de soja y un puerto en Timbúes, Santa Fe, con una capacidad total de molienda de 20.000 toneladas/día, además posee una planta de biodiesel en San Lorenzo con una capacidad de procesamiento de 480.000 toneladas/año. La CII busca otorgar un Préstamo de hasta US$75 millones con un plazo de hasta 9 años, incluyendo un período de gracia de 2 años a Renova S.A. para apoyar la construcción de (i) una tercera línea de molienda de soja con capacidad para 10.000 ton/día; (ii) un nuevo puerto de granos con capacidad de carga de 4.000 toneladas/hora; (iii) un puerto de barcazas con capacidad de 9.000 ton/día; y (iv) la refinanciación de la deuda existente (el "Proyecto"). Renova es una joint venture entre Vicentin S.A.I.C. y Oleaginosa Moreno Hermanos S.A.C.I.F.I. (OHMSA), una subsidiaria de la multinacional Glencore Agriculture. Vicentin, es una empresa familiar que fue constituida en 1929. Es una de las mayores procesadoras de soja en Argentina, posee otras tres instalaciones y una terminal portuaria en el área del Gran Rosario, y otras dos plantas de biocombustibles en el norte de Santa Fe. OHMSA opera dos plantas de molienda de granos, una refinería de aceite vegetal, dos instalaciones de almacenamiento y dos puertos, entre otros. IDB Invest RENOVA S.A. IDB Invest Beretta Tassano, Patricio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Agribusiness 15000000 15000000 15000000 Renova Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12111-01 IDB Invest The AELA Generation Project (the “Project”) includes the financing of two new wind farms located in Chile’s Atacama and Lakes regions, respectively; a 73 km, insulated 220 kV transmission line linking the Sarco wind farm to the existing substation at Maitencillo; and the Cuel wind power plant currently in operation.The Sarco wind farm (“Sarco”) will be sited on a 2,680 hectare lot, will have an installed capacity of 170 MW, and will consist of 50 Senvion 3.4M114 turbines. The power to be produced will be delivered to the Maitencillo substation over a 73 km, insulated 220 kV transmission line, and construction of this line is also part of the project. The Aurora wind park (“Aurora”) will be located on a 2,500 hectare property, will have an installed capacity of 129 MW, and will consist of 43 Senvion 3.0M112 turbines. The power generated there will flow directly to the existing transmission line (220 kV) that joins the Rahue and Puerto Montt substations. The Cuel power plant (in operation) has 23 GW87 wind turbines for a total installed capacity of 33.0 MW.The IIC’s participation in the financing will help to increase the supply of renewable energy in Chile. The AELA Generation Project (the “Project”) includes the financing of two new wind farms located in Chile’s Atacama and Lakes regions, respectively; a 73 km, insulated 220 kV transmission line linking the Sarco wind farm to the existing substation at Maitencillo; and the Cuel wind power plant currently in operation.The Sarco wind farm (“Sarco”) will be sited on a 2,680 hectare lot, will have an installed capacity of 170 MW, and will consist of 50 Senvion 3.4M114 turbines. The power to be produced will be delivered to the Maitencillo substation over a 73 km, insulated 220 kV transmission line, and construction of this line is also part of the project. The Aurora wind park (“Aurora”) will be located on a 2,500 hectare property, will have an installed capacity of 129 MW, and will consist of 43 Senvion 3.0M112 turbines. The power generated there will flow directly to the existing transmission line (220 kV) that joins the Rahue and Puerto Montt substations. The Cuel power plant (in operation) has 23 GW87 wind turbines for a total installed capacity of 33.0 MW.The IIC’s participation in the financing will help to increase the supply of renewable energy in Chile. IDB Invest AELA GENERACIÓN S.A. IDB Invest Rivadeneira Arbildua, María Paz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Energy 70000000 70000000 70000000 Aela Wind Power Project Project Group Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11786-02 IDB Invest The project consists of the installation and operation of: a) a new 20,000 thousand ton per year non-woven[1] production plant in Cosmópolis (São Paulo, Brazil); and b) a new 20,000 tons per year production line in a plant in San José de Iturbide (Guanajuato, Mexico). The plant in Cosmópolis will be the first one in South America to use renewable polypropylene (produced with sugar cane instead of hydrocarbons), thanks to its bi-component technology. The objective of the loan is to improve and increase the production capacity of Fitesa S.A. ("Fitesa") through its operating companies in Brazil and Mexico. As part of the project, the IIC will finance studies and the installation of solar panels at the Cosmópolis plant. The panels will provide 60% of the electrical energy the plant needs to operate. IIC’s long-term financing will match the lifecycle of the project’s assets and will thus further strengthen Fitesa’s financial structure. Fitesa is one of Brazil’s most diversified and internationalized companies, with production plants in South America, North America, Europe and Asia. Fitesa specializes in the production of nonwovens for hygiene products. Fitesa manufactures 30% of the hygienic nonwovens consumed in Brazil and 50% of the nonwovens consumed in Mexico. The total cost of the project is estimated at US$ 141,000,000. IIC's financing of US$ 60,750,000, from which US$40,750,000 will come from IDB group, and the remaining US$20,000,000 will come from the China Co-financing Fund for Latin America and the Caribbean. The financing will be divided into two tranches: a) US$ 35,720,000 to Fitesa Naotecidos S.A., for Fitesa’s operational entity in Brazil; and b) US$ 25,030,000 to Fitesanonwovens Mexico S.A. de C.V., the entity in Mexico. The loan will have an eight year tenor with up to two years of grace on principal payments. (SEE ADDENDUM BELOW). ========================================================== ADDENDUM: Changes made on April 24, 2017 Expected Consideration Date by the Board: June 06, 2017 Financing Requested: US$64.750.000 divided into two tranches: 1) US$37.720.000 to Fitesa Naotecidos S.A.; and 2) US$27.030.000 to Fitesanonwovens Mexico S.A. de C.V. Scope Objective: The project consists of the installation and operation of: a) a new 20,000 thousand ton per year non-woven[1] production plant in Cosmópolis (São Paulo, Brazil); and b) a new 20,000 tons per year production line in a plant in San José de Iturbide (Guanajuato, Mexico). The plant in Cosmópolis will be the first one in South America to use renewable polypropylene (produced with sugar cane instead of hydrocarbons), thanks to its bi-component technology. The objective of the loan is to improve and increase the production capacity of Fitesa S.A. ("Fitesa") through its operating companies in Brazil and Mexico. As part of the project, the IIC will finance studies and the installation of solar panels (subject to study results) at the Cosmópolis and/or San José de Iturbide plant. The panels will provide approximately 13% and 5% respectively of the electrical energy consumed by each plant every year. IIC’s long-term financing will match the lifecycle of the project’s assets and will thus further strengthen Fitesa’s financial structure. Fitesa is one of Brazil’s most diversified and internationalized companies, with production plants in South America, North America, Europe and Asia. Fitesa specializes in the production of nonwovens for hygiene products. Fitesa manufactures 30% of the hygienic nonwovens consumed in Brazil and 50% of the nonwovens consumed in Mexico. The total cost of the project is estimated at US$141,000,000. IIC's financing of US$64,750,000, from which US$44,750,000 will come from IDB group, and the remaining US$20,000,000 will come from the China Co-financing Fund for Latin America and the Caribbean. The financing will be divided into two tranches: a) US$37,720,000 to Fitesa Naotecidos S.A., for Fitesa’s operational entity in Brazil; and b) US$27,030,000 to Fitesanonwovens Mexico S.A. de C.V., the entity in Mexico. The loan will have an eight year tenor with up to two years of grace on principal payments. [1] Textiles created by mechanical, thermal or chemical processes, but without being woven and without being necessary convert the fibers into threads. Its main uses are: (a) hygiene: diapers, sanitary napkins, other disposable items such as make-up wipes, hand towels, slippers, etc.; (b) medicine: hospital and surgical gowns, surgical drapes, surgical wraps (porosity allows sterilization), etc. The project consists of the installation and operation of: a) a new 20,000 thousand ton per year non-woven[1] production plant in Cosmópolis (São Paulo, Brazil); and b) a new 20,000 tons per year production line in a plant in San José de Iturbide (Guanajuato, Mexico). The plant in Cosmópolis will be the first one in South America to use renewable polypropylene (produced with sugar cane instead of hydrocarbons), thanks to its bi-component technology. The objective of the loan is to improve and increase the production capacity of Fitesa S.A. ("Fitesa") through its operating companies in Brazil and Mexico. As part of the project, the IIC will finance studies and the installation of solar panels at the Cosmópolis plant. The panels will provide 60% of the electrical energy the plant needs to operate. IIC’s long-term financing will match the lifecycle of the project’s assets and will thus further strengthen Fitesa’s financial structure. Fitesa is one of Brazil’s most diversified and internationalized companies, with production plants in South America, North America, Europe and Asia. Fitesa specializes in the production of nonwovens for hygiene products. Fitesa manufactures 30% of the hygienic nonwovens consumed in Brazil and 50% of the nonwovens consumed in Mexico. The total cost of the project is estimated at US$ 141,000,000. IIC's financing of US$ 60,750,000, from which US$40,750,000 will come from IDB group, and the remaining US$20,000,000 will come from the China Co-financing Fund for Latin America and the Caribbean. The financing will be divided into two tranches: a) US$ 35,720,000 to Fitesa Naotecidos S.A., for Fitesa’s operational entity in Brazil; and b) US$ 25,030,000 to Fitesanonwovens Mexico S.A. de C.V., the entity in Mexico. The loan will have an eight year tenor with up to two years of grace on principal payments. (SEE ADDENDUM BELOW). ========================================================== ADDENDUM: Changes made on April 24, 2017 Expected Consideration Date by the Board: June 06, 2017 Financing Requested: US$64.750.000 divided into two tranches: 1) US$37.720.000 to Fitesa Naotecidos S.A.; and 2) US$27.030.000 to Fitesanonwovens Mexico S.A. de C.V. Scope Objective: The project consists of the installation and operation of: a) a new 20,000 thousand ton per year non-woven[1] production plant in Cosmópolis (São Paulo, Brazil); and b) a new 20,000 tons per year production line in a plant in San José de Iturbide (Guanajuato, Mexico). The plant in Cosmópolis will be the first one in South America to use renewable polypropylene (produced with sugar cane instead of hydrocarbons), thanks to its bi-component technology. The objective of the loan is to improve and increase the production capacity of Fitesa S.A. ("Fitesa") through its operating companies in Brazil and Mexico. As part of the project, the IIC will finance studies and the installation of solar panels (subject to study results) at the Cosmópolis and/or San José de Iturbide plant. The panels will provide approximately 13% and 5% respectively of the electrical energy consumed by each plant every year. IIC’s long-term financing will match the lifecycle of the project’s assets and will thus further strengthen Fitesa’s financial structure. Fitesa is one of Brazil’s most diversified and internationalized companies, with production plants in South America, North America, Europe and Asia. Fitesa specializes in the production of nonwovens for hygiene products. Fitesa manufactures 30% of the hygienic nonwovens consumed in Brazil and 50% of the nonwovens consumed in Mexico. The total cost of the project is estimated at US$141,000,000. IIC's financing of US$64,750,000, from which US$44,750,000 will come from IDB group, and the remaining US$20,000,000 will come from the China Co-financing Fund for Latin America and the Caribbean. The financing will be divided into two tranches: a) US$37,720,000 to Fitesa Naotecidos S.A., for Fitesa’s operational entity in Brazil; and b) US$27,030,000 to Fitesanonwovens Mexico S.A. de C.V., the entity in Mexico. The loan will have an eight year tenor with up to two years of grace on principal payments. [1] Textiles created by mechanical, thermal or chemical processes, but without being woven and without being necessary convert the fibers into threads. Its main uses are: (a) hygiene: diapers, sanitary napkins, other disposable items such as make-up wipes, hand towels, slippers, etc.; (b) medicine: hospital and surgical gowns, surgical drapes, surgical wraps (porosity allows sterilization), etc. IDB Invest Fitesa Naotecidos S.A. (Brazil) and Fitesanonwovens Mexico S.A. de C.V. (Mexico) IDB Invest Gonzales Fernandez, Ivan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Manufacturing 35810000 35810000 35810000 Fitesa Expansion Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11924-01 IDB Invest The Pirapora I project consists of the design, construction, commissioning and operation of five solar photovoltaic (PV) plants with a combined capacity of 191.5 MW, as well as a 10.3-kilometer high voltage transmission line (138kv) and other interconnection facilities (the Project) to be located in the municipality of Pirapora, State of Minas Gerais, Brazil. The Inter-American Investment Corporation (IIC)’s participation in the Project will be through a short-term Bridge Loan facility denominated in Brazilian reales to provide funding for certain construction costs. The Pirapora I project consists of the design, construction, commissioning and operation of five solar photovoltaic (PV) plants with a combined capacity of 191.5 MW, as well as a 10.3-kilometer high voltage transmission line (138kv) and other interconnection facilities (the Project) to be located in the municipality of Pirapora, State of Minas Gerais, Brazil. The Inter-American Investment Corporation (IIC)’s participation in the Project will be through a short-term Bridge Loan facility denominated in Brazilian reales to provide funding for certain construction costs. IDB Invest Pirapora Solar Holding, S.A. IDB Invest Queiroz Galvao, Marina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Energy 239000000 239000000 239000000 Pirapora I Solar PV Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12114-01 IDB Invest This Project aims to support the increase in mortgages offerings for Priority Housing (“VIP”) and Social Housing (“VIS”) promoted by the Colombia's federal government as part of its programs for social housing development by means of an unsecured US dollar-denominated senior loan of up to US$ 200 million to Banco Davivienda S.A. The loan term is of up to five years with a single payment at maturity date. Brief Project Description: Banco Davivienda S.A. (“Davivienda”), a leader in housing financing, holds a 26.0% share of the domestic market and is one of the most active participants in the financing programs for social and priority housing in Colombia, which seek to reduce the population's vulnerability, as well as to improve the quality of life amongst the Colombian people. The VIS and VIP portfolio represents 34.5% of Davivienda's entire mortgage portfolio and 68.0% of the total amount of financed units. As of the end of 2016, Davivienda reached a total of 148,018 financed VISs and VIPs within a total of 219,082 financed units. The Inter-American Investment Corporation (“IIC”) has been a strategic partner for Davivienda since 2011 when a revolving loan facility was approved for a total of US$30 million with terms of up to seven years. The IIC's resources contributed to reaching the development goals of Davivienda's SME portfolio. This Project aims to support the increase in mortgages offerings for Priority Housing (“VIP”) and Social Housing (“VIS”) promoted by the Colombia's federal government as part of its programs for social housing development by means of an unsecured US dollar-denominated senior loan of up to US$ 200 million to Banco Davivienda S.A. The loan term is of up to five years with a single payment at maturity date. Brief Project Description: Banco Davivienda S.A. (“Davivienda”), a leader in housing financing, holds a 26.0% share of the domestic market and is one of the most active participants in the financing programs for social and priority housing in Colombia, which seek to reduce the population's vulnerability, as well as to improve the quality of life amongst the Colombian people. The VIS and VIP portfolio represents 34.5% of Davivienda's entire mortgage portfolio and 68.0% of the total amount of financed units. As of the end of 2016, Davivienda reached a total of 148,018 financed VISs and VIPs within a total of 219,082 financed units. The Inter-American Investment Corporation (“IIC”) has been a strategic partner for Davivienda since 2011 when a revolving loan facility was approved for a total of US$30 million with terms of up to seven years. The IIC's resources contributed to reaching the development goals of Davivienda's SME portfolio. IDB Invest Banco Davivienda S.A. IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 40000000 40000000 40000000 Davivienda Colombia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12083-01 IDB Invest The Cubico Alten Aguascalientes Solar PV Project (“the Project”) consists of the design, construction, commissioning and operation of two solar photovoltaic (“PV”) plants with a combined capacity of 290 MW that will connect to the Mexican Comisión Federal de Electricidad (“CFE”) national grid. The plants will be built in El Llano municipality, Sate of Aguascalientes, Mexico. The project includes two adjacent solar power plants (150-MW Solem I and 140-MW Solem II), two electrical substations, and a 6.6 km 230 kV power transmission line connecting both substations to the CFE. All infrastructure will be built within a 963.7 ha area that will be purchased and leased by Cubico-Alten (“the Sponsor”). The Project’s Engineering, Procurement and Construction (“EPC”) and Operation and Maintenance (“O&M”) Contractor will be Grupo Ortiz (“the Contractor”). The total project cost is approximately US$ 368,000,000. The financial plan is expected to include Inter-American Investment Corporation (“IIC”) and Inter-American Development Bank (“IDB”) A-loans for a joint amount up to US$110 million and a loan from the China Co-Financing Fund for Latin America and the Caribbean for up to US$50,000,000, with 20-year door to door tenors. The Project was awarded 20-year Power Purchase Agreements (“PPA”) by the Mexican Federal Electricity Agency, Centro Nacional de Control de Energia (“CENACE”) for the Clean Energy Certificates (“CELs”) and 15-year PPA for energy and capacity. The first of the two plants, Solem I, a 150MW PV plant will reach commercial operations date (“COD”) as per the PPA offer on September 30, 2018. The second plant, Solem II, a 140 MW PV plant should reach PPA COD on June 29, 2019. The PPAs were signed with the CFE, a government-backed institution. The Project will contribute to the Government of Mexico’s (“GOM”) objectives of diversifying its electricity matrix, by delivering clean, PV solar energy and supporting the push to create a wholesale electricity market, while reducing the country’s dependency on thermal energy, as Mexico’s goal is for clean energy sources to provide 50% of the nation’s electricity generation mix by 2050. When the Project is successfully completed, it will be the largest PV solar plant in Latin America and the Caribbean. The Cubico Alten Aguascalientes Solar PV Project (“the Project”) consists of the design, construction, commissioning and operation of two solar photovoltaic (“PV”) plants with a combined capacity of 290 MW that will connect to the Mexican Comisión Federal de Electricidad (“CFE”) national grid. The plants will be built in El Llano municipality, Sate of Aguascalientes, Mexico. The project includes two adjacent solar power plants (150-MW Solem I and 140-MW Solem II), two electrical substations, and a 6.6 km 230 kV power transmission line connecting both substations to the CFE. All infrastructure will be built within a 963.7 ha area that will be purchased and leased by Cubico-Alten (“the Sponsor”). The Project’s Engineering, Procurement and Construction (“EPC”) and Operation and Maintenance (“O&M”) Contractor will be Grupo Ortiz (“the Contractor”). The total project cost is approximately US$ 368,000,000. The financial plan is expected to include Inter-American Investment Corporation (“IIC”) and Inter-American Development Bank (“IDB”) A-loans for a joint amount up to US$110 million and a loan from the China Co-Financing Fund for Latin America and the Caribbean for up to US$50,000,000, with 20-year door to door tenors. The Project was awarded 20-year Power Purchase Agreements (“PPA”) by the Mexican Federal Electricity Agency, Centro Nacional de Control de Energia (“CENACE”) for the Clean Energy Certificates (“CELs”) and 15-year PPA for energy and capacity. The first of the two plants, Solem I, a 150MW PV plant will reach commercial operations date (“COD”) as per the PPA offer on September 30, 2018. The second plant, Solem II, a 140 MW PV plant should reach PPA COD on June 29, 2019. The PPAs were signed with the CFE, a government-backed institution. The Project will contribute to the Government of Mexico’s (“GOM”) objectives of diversifying its electricity matrix, by delivering clean, PV solar energy and supporting the push to create a wholesale electricity market, while reducing the country’s dependency on thermal energy, as Mexico’s goal is for clean energy sources to provide 50% of the nation’s electricity generation mix by 2050. When the Project is successfully completed, it will be the largest PV solar plant in Latin America and the Caribbean. IDB Invest Cubico Alten Aguascalientes UNO, S.A.P.I. de C.V and Cubico Alten Aguascalientes DOS, S.A.P.I. de C.V. IDB Invest Biosca, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Energy 36200000 36200000 36200000 Cubico Alten Aguascalientes Solar PV Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CR4016A-01 IDB Invest Santa Fe is a Costa Rican company specialized in the road construction and improvement, civil engineering and energy infrastructure, large scale earthworks, exploitation of materials for construction, and as contractor of multinationals companies in mining activities. Since 1974, it has developed projects in their country of origin as well as in Central and South America. Currently its main activities are concentrated in Nicaragua and Bolivia. The 18 months term loan is for a maximum amount of up to US$5 million. It aims to finance working capital needs for a specific road project, on which the Company requires resources to participate in tenders, commencement of operations, and other pre-operating expenses (that have been invested and are not reimbursed until project completion). The role of the BID Invest is important because this loan could be renewed at BID Invest ’s discretion and could be used in other road projects, which will need BID Invest's Environmental and Social clearance in order to be funded. This renewable loan will be used initially to finance the Rama-Kukra Hill project located in the Atlantic region of Nicaragua, thus will give financial flexibility to Santa Fe in continuing its operation in developing countries, where medium term financing is limited. At the same time, BID Invest will be supporting Santa Fe improving its corporate governance structure and practices, through technical assistance resources. Santa Fe is a Costa Rican company specialized in the road construction and improvement, civil engineering and energy infrastructure, large scale earthworks, exploitation of materials for construction, and as contractor of multinationals companies in mining activities. Since 1974, it has developed projects in their country of origin as well as in Central and South America. Currently its main activities are concentrated in Nicaragua and Bolivia. The 18 months term loan is for a maximum amount of up to US$5 million. It aims to finance working capital needs for a specific road project, on which the Company requires resources to participate in tenders, commencement of operations, and other pre-operating expenses (that have been invested and are not reimbursed until project completion). The role of the BID Invest is important because this loan could be renewed at BID Invest ’s discretion and could be used in other road projects, which will need BID Invest's Environmental and Social clearance in order to be funded. This renewable loan will be used initially to finance the Rama-Kukra Hill project located in the Atlantic region of Nicaragua, thus will give financial flexibility to Santa Fe in continuing its operation in developing countries, where medium term financing is limited. At the same time, BID Invest will be supporting Santa Fe improving its corporate governance structure and practices, through technical assistance resources. IDB Invest Constructora Santa Fe Ltda. IDB Invest Secco Viana, Juan Cruz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Transport 5000000 5000000 5000000 Constructora Santa Fe Ltda. Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12009-03 IDB Invest Lagoa do Barro wind power project (the “Project” or “LdB”) will add 195 MW of renewable energy to the Brazilian electricity system, thus directly supporting the Government of Brazil’s (“GoB”) priorities to ensure a stable long-term electricity supply and the diversification of its energy matrix with the expected addition of around 10 GW from renewable sources by 2018. The Project consists of the construction of 8 adjacent wind farms totaling 195 MW and its associated facilities in the state Piauí, located in the Northeast of Brazil. The 8 wind farms of the LdB cluster had their energy contracted in the Leilão de Energia Proveniente de Novos Empreendimentos de Geração (New Energy Auction or “LEN”) auction A-5 of 2014. The Project will benefit from a 20-year R$ denominated power purchase agreement (“PPA”) at fixed average price of around R$139.9/MWh (~US$55.3/MWh) as of November 2014, indexed to inflation (IPCA), signed with the system distribution companies (“DisCos”). The DisCos pay the generation companies through the Chamber of Electricity Energy Commercialization (Câmara de Comercialização de Energia Elétrica or “CCEE”- Electricity Clearing House) which is the institution that intermediates the energy contracts between the DisCos and the generation companies. Electrical studies were presented to the relevant authorities, which provided a favorable opinion to the Project´s interconnection specifications for the assigned node. The Borrower is expected to enter into turn-key EPC contracts covering civil works, equipment and turbines from first-tier manufacturers and a long-term O&M contract for at least the life of the IDB Group loan. The Project has an estimated [18]-month construction period, with construction starting by the first semester of 2017. Wind resource has been assessed by Aeroespacial and Inova Energy based on a four year on-site wind measurements at 120m hub height. The Project has a capacity factor of over 50% and estimated annual energy production at P90 of 997 GWh/year, with expected 5,107 equivalent hours. Transaction Structure and Financing Highlights. The estimated total cost of the Project is of up to R$1.3 billion, which will be financed through (a) an IDB Group Partial Guarantee for the senior loan until financial completion and/or (b) an IDB Group Guarantee for the debentures to improve their risk profile and pricing or (c) a long-term loan with a 15-year door-to-door tenor and a grace period of up to [36] months. It is estimated that the IDBG participation will amount of up to R$430 million. The financial plan will be completed with the participation of one local development institution, as well as equity contributions for around 70/30 debt-to-equity ratio. The Project will be required to meet the customary debt sizing criteria applied to wind projects, DSCR 1.30x for P9010-years and 1.00x for P991-year. The IDBG Guarantee is expected to have a tenor of up to 12 years. The project will have the security package customary for this type of project finance transactions. Development Impact. The Project will have positive developmental impacts, such as: (i) adding 195 MW of renewable capacity to the Brazilian grid and thus decreasing thermal and hydro generation reliance; (ii) reducing carbon emissions; (iii) assisting a growing private-sector company in the Brazilian power sector, positioned to promote the much needed consolidation of the market segment related to small and medium-sized renewable energy projects; and (iv) improving the sites’ local infrastructure and increasing local income. Lagoa do Barro wind power project (the “Project” or “LdB”) will add 195 MW of renewable energy to the Brazilian electricity system, thus directly supporting the Government of Brazil’s (“GoB”) priorities to ensure a stable long-term electricity supply and the diversification of its energy matrix with the expected addition of around 10 GW from renewable sources by 2018. The Project consists of the construction of 8 adjacent wind farms totaling 195 MW and its associated facilities in the state Piauí, located in the Northeast of Brazil. The 8 wind farms of the LdB cluster had their energy contracted in the Leilão de Energia Proveniente de Novos Empreendimentos de Geração (New Energy Auction or “LEN”) auction A-5 of 2014. The Project will benefit from a 20-year R$ denominated power purchase agreement (“PPA”) at fixed average price of around R$139.9/MWh (~US$55.3/MWh) as of November 2014, indexed to inflation (IPCA), signed with the system distribution companies (“DisCos”). The DisCos pay the generation companies through the Chamber of Electricity Energy Commercialization (Câmara de Comercialização de Energia Elétrica or “CCEE”- Electricity Clearing House) which is the institution that intermediates the energy contracts between the DisCos and the generation companies. Electrical studies were presented to the relevant authorities, which provided a favorable opinion to the Project´s interconnection specifications for the assigned node. The Borrower is expected to enter into turn-key EPC contracts covering civil works, equipment and turbines from first-tier manufacturers and a long-term O&M contract for at least the life of the IDB Group loan. The Project has an estimated [18]-month construction period, with construction starting by the first semester of 2017. Wind resource has been assessed by Aeroespacial and Inova Energy based on a four year on-site wind measurements at 120m hub height. The Project has a capacity factor of over 50% and estimated annual energy production at P90 of 997 GWh/year, with expected 5,107 equivalent hours. Transaction Structure and Financing Highlights. The estimated total cost of the Project is of up to R$1.3 billion, which will be financed through (a) an IDB Group Partial Guarantee for the senior loan until financial completion and/or (b) an IDB Group Guarantee for the debentures to improve their risk profile and pricing or (c) a long-term loan with a 15-year door-to-door tenor and a grace period of up to [36] months. It is estimated that the IDBG participation will amount of up to R$430 million. The financial plan will be completed with the participation of one local development institution, as well as equity contributions for around 70/30 debt-to-equity ratio. The Project will be required to meet the customary debt sizing criteria applied to wind projects, DSCR 1.30x for P9010-years and 1.00x for P991-year. The IDBG Guarantee is expected to have a tenor of up to 12 years. The project will have the security package customary for this type of project finance transactions. Development Impact. The Project will have positive developmental impacts, such as: (i) adding 195 MW of renewable capacity to the Brazilian grid and thus decreasing thermal and hydro generation reliance; (ii) reducing carbon emissions; (iii) assisting a growing private-sector company in the Brazilian power sector, positioned to promote the much needed consolidation of the market segment related to small and medium-sized renewable energy projects; and (iv) improving the sites’ local infrastructure and increasing local income. IDB Invest Lagoa do Barro IDB Invest Matas Trillo, Rafael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Energy 38116700 38116700 38116700 Atlantic II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12009-02 IDB Invest Santa Vitoria do Palmar wind power project (the “Project” or “SVP”) will add 207 MW of renewable energy to the Brazilian electricity system, thus directly supporting the Government of Brazil’s (“GoB”) priorities to ensure a stable long-term electricity supply and the diversification of its energy matrix with the expected addition of around 10 GW from renewable sources by 2018. The Project consists of the construction of 12 adjacent wind farms totaling 207 MW and its associated facilities in the state of Rio Grande do Sul, located in the South of Brazil. The 12 wind farms of the SVP cluster had their energy contracted in the Leilão de Energia Proveniente de Novos Empreendimentos de Geração (New Energy Auction or “LEN”) auction A-5 of 2013 (10 of the wind farms) and A-3 of 2014 (2 of the wind farms). The Project will benefit from a 20-year R$ denominated power purchase agreement (“PPA”) at fixed average price of around R$124.5/MWh (~US$52.8/MWh) as of December 2013, indexed to inflation (IPCA, IGPM), signed with the system distribution companies (“DisCos”). The DisCos pay the generation companies through the Chamber of Electricity Energy Commercialization (Câmara de Comercialização de Energia Elétrica or “CCEE”- Electricity Clearing House) which is the institution that intermediates the energy contracts between the DisCos and the generation companies. Electrical studies were presented to the relevant authorities, which provided a favorable opinion to the Project´s interconnection specifications for the assigned node. The Borrower has entered into turn-key EPC contracts covering civil works, equipment and turbines from first-tier manufacturers and a long-term O&M contract for at least the life of the IDB Group loan. The Project has an estimated 22-month construction period, with construction having started by the third quarter of 2015. Wind resource has been assessed by AWS Truepower and Inova Energy based on a three year on-site wind measurements at 120m hub height. The Project has a capacity factor of over 50% and estimated annual energy production at P90 of 935 GWh/year, with expected 4,516 equivalent hours. Transaction Structure and Financing Highlights. The estimated total cost of the Project is of up to R$1.3 billion, which will be financed through an IDB Group Guarantee for the debentures to improve their risk profile and pricing. It is estimated that the IDBG participation will amount of up to R$162 million. The financial plan will be completed with the participation of two local development institutions, as well as equity contributions for around 65/35 debt-to-equity ratio. The Project will be required to meet the customary debt sizing criteria applied to wind projects, DSCR 1.30x for P9010-years and 1.00x for P991-year. The IDBG Guarantee is expected to have a tenor of up to 12 years. The project will have the security package customary for this type of project finance transactions. Development Impact. The Project will have positive developmental impacts, such as: (i) adding 207 MW of renewable capacity to the Brazilian grid and thus decreasing thermal and hydro generation reliance; (ii) reducing carbon emissions; (iii) assisting a growing private-sector company in the Brazilian power sector, positioned to promote the much needed consolidation of the market segment related to small and medium-sized renewable energy projects; and (iv) improving the sites’ local infrastructure and increasing local income. Santa Vitoria do Palmar wind power project (the “Project” or “SVP”) will add 207 MW of renewable energy to the Brazilian electricity system, thus directly supporting the Government of Brazil’s (“GoB”) priorities to ensure a stable long-term electricity supply and the diversification of its energy matrix with the expected addition of around 10 GW from renewable sources by 2018. The Project consists of the construction of 12 adjacent wind farms totaling 207 MW and its associated facilities in the state of Rio Grande do Sul, located in the South of Brazil. The 12 wind farms of the SVP cluster had their energy contracted in the Leilão de Energia Proveniente de Novos Empreendimentos de Geração (New Energy Auction or “LEN”) auction A-5 of 2013 (10 of the wind farms) and A-3 of 2014 (2 of the wind farms). The Project will benefit from a 20-year R$ denominated power purchase agreement (“PPA”) at fixed average price of around R$124.5/MWh (~US$52.8/MWh) as of December 2013, indexed to inflation (IPCA, IGPM), signed with the system distribution companies (“DisCos”). The DisCos pay the generation companies through the Chamber of Electricity Energy Commercialization (Câmara de Comercialização de Energia Elétrica or “CCEE”- Electricity Clearing House) which is the institution that intermediates the energy contracts between the DisCos and the generation companies. Electrical studies were presented to the relevant authorities, which provided a favorable opinion to the Project´s interconnection specifications for the assigned node. The Borrower has entered into turn-key EPC contracts covering civil works, equipment and turbines from first-tier manufacturers and a long-term O&M contract for at least the life of the IDB Group loan. The Project has an estimated 22-month construction period, with construction having started by the third quarter of 2015. Wind resource has been assessed by AWS Truepower and Inova Energy based on a three year on-site wind measurements at 120m hub height. The Project has a capacity factor of over 50% and estimated annual energy production at P90 of 935 GWh/year, with expected 4,516 equivalent hours. Transaction Structure and Financing Highlights. The estimated total cost of the Project is of up to R$1.3 billion, which will be financed through an IDB Group Guarantee for the debentures to improve their risk profile and pricing. It is estimated that the IDBG participation will amount of up to R$162 million. The financial plan will be completed with the participation of two local development institutions, as well as equity contributions for around 65/35 debt-to-equity ratio. The Project will be required to meet the customary debt sizing criteria applied to wind projects, DSCR 1.30x for P9010-years and 1.00x for P991-year. The IDBG Guarantee is expected to have a tenor of up to 12 years. The project will have the security package customary for this type of project finance transactions. Development Impact. The Project will have positive developmental impacts, such as: (i) adding 207 MW of renewable capacity to the Brazilian grid and thus decreasing thermal and hydro generation reliance; (ii) reducing carbon emissions; (iii) assisting a growing private-sector company in the Brazilian power sector, positioned to promote the much needed consolidation of the market segment related to small and medium-sized renewable energy projects; and (iv) improving the sites’ local infrastructure and increasing local income. IDB Invest Santa Vitoria do Palmar IDB Invest Vieira Pereira de Almeida, Tomas +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Energy 130000000 130000000 130000000 Atlantic - Santa Vitoria do Palmar Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12134-01 IDB Invest The project consists of financing via factoring of the more than 1,500 active suppliers of in Axtel’s supply chain. The transaction consists of IDB Group participation in the financing, via electronic factoring, of suppliers in Axtel’s supply chain through a revolving and uncommitted discount line for a maximum amount of US$40,000,000 (forty million U.S. dollars) or the equivalent thereof in Mexican pesos. Under that discount line, the IIC will acquire, at its full discretion and through the electronic platform of E Factor Network, S.A. de C.V. (“EFN”), credit rights against Axtel of eligible suppliers which have previously been acquired by E Factor Diez, S.A. de C.V. SOFOM ENR (“EFD”). The project consists of financing via factoring of the more than 1,500 active suppliers of in Axtel’s supply chain. The transaction consists of IDB Group participation in the financing, via electronic factoring, of suppliers in Axtel’s supply chain through a revolving and uncommitted discount line for a maximum amount of US$40,000,000 (forty million U.S. dollars) or the equivalent thereof in Mexican pesos. Under that discount line, the IIC will acquire, at its full discretion and through the electronic platform of E Factor Network, S.A. de C.V. (“EFN”), credit rights against Axtel of eligible suppliers which have previously been acquired by E Factor Diez, S.A. de C.V. SOFOM ENR (“EFD”). IDB Invest Axtel S.A.B. de C.V. and its subsidiaries IDB Invest Aguirre Hernandez, Alma Iliana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Digital Economy 40000000 40000000 40000000 EFactor/Axtel Approved Payables Financing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11907-03 IDB Invest Oleana is in the process of expanding its operations, including: (a) the construction, operation and maintenance of a new refinery; (b) expand the extraction operation for palm crude oil (CPO) and palm kernel oil (PKO); (c) provide refinancing of existing financial debt and soft finance costs of the Project and (d) support permanent working capital needs. Oleana is in the process of expanding its operations, including: (a) the construction, operation and maintenance of a new refinery; (b) expand the extraction operation for palm crude oil (CPO) and palm kernel oil (PKO); (c) provide refinancing of existing financial debt and soft finance costs of the Project and (d) support permanent working capital needs. IDB Invest Oleana Group IDB Invest Navas, Rodrigo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Agribusiness 10000000 10000000 10000000 Grupo Oleana Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12064-01 IDB Invest El Corti wind power project (the “Project” or “El Corti”) will add 98.6 MW of renewable energy to the Argentinean electricity system, thus directly supporting the Government of Argentina’s (“GoA”) priorities to ensure a stable long-term electricity supply and the diversification of its energy matrix with the expected addition of 2.7 GW from renewables sources by 2018. The Project consists of the construction, operation and maintenance of a 98.6MW wind farm, its associated facilities, to be located south of the province of Buenos Aires, 17km northwest of the city of Bahia Blanca, Argentina. The Project will sign a 20-year power purchase agreement (“PPA”) with the wholesale electric market administrator (“CAMMESA”) to inject energy to the national interconnection system (¨SADI¨) via the 500KV-132KV Bahia Blanca substation, at a bidding price of US$59.36/MWh increased annually by an adjustment factor. Electrical studies were presented to the relevant authorities, which provided a favorable opinion to the Project´s interconnection specifications for the assigned node. The Borrower is expected to enter into a turn-key EPC contract covering civil works, equipment and turbines from a first-tier manufacturer and a long-term O&M contract for at least the life of the IDBG loan. It has an estimated 18-month construction period, with construction starting by the first quarter of 2017. Wind resource has been assessed by DNV based on on-site wind measurements from 2009 up to 2013, with average wind speeds of 8.9m/s at 93m hub height. The Project has a capacity factor of 51.8% and estimated annual energy production at P50 of 402.9GWh/year, with expected 4,537 equivalent hours. Transaction Structure and Financing Highlights. The estimated total cost of the Project is of up to US$175.0 million, which will be financed through an IDBG A loan of up to US$50 million. The financial plan will be completed with the participation of two other lenders, from the bilateral financial institutions or export-credit agencies, as well as equity contributions for a 75/25 debt-to-equity ratio. The Project will be required to meet the customary debt sizing criteria applied to wind projects, DSCR 1.30x for P9010-years and 1.00x for P991-year. The IDBG loan is expected to have a tenor of up to 15 years door-to-door. The project will have the security package customary for this type of project finance transactions. Development Impact. The Project will have positive developmental impacts, such as: (i) adding 98.6 MW of renewable capacity to the Argentinean grid, representing 15% of the total NCRE installed capacity, thus decreasing thermal and hydro generation reliance and contributing to the 20% goal of NCRE by 2025; and (ii) displacing approximately 198,226 equivalent tons of carbon emissions per year. Financial additionality is strong as the tenor of the financing is 15 years door to door, a long tenor that is critical for the financial viability of this type of infrastructure projects, and which is simply not available in the local capital markets[1]. Commercial banks have not structured long-term project financing transactions in Argentina for the last 10 years and hence the participation of multilateral and bilateral agencies in this first round of the RenovAR program will be key to its success. [1] Source: Dealogic Project Finance Database El Corti wind power project (the “Project” or “El Corti”) will add 98.6 MW of renewable energy to the Argentinean electricity system, thus directly supporting the Government of Argentina’s (“GoA”) priorities to ensure a stable long-term electricity supply and the diversification of its energy matrix with the expected addition of 2.7 GW from renewables sources by 2018. The Project consists of the construction, operation and maintenance of a 98.6MW wind farm, its associated facilities, to be located south of the province of Buenos Aires, 17km northwest of the city of Bahia Blanca, Argentina. The Project will sign a 20-year power purchase agreement (“PPA”) with the wholesale electric market administrator (“CAMMESA”) to inject energy to the national interconnection system (¨SADI¨) via the 500KV-132KV Bahia Blanca substation, at a bidding price of US$59.36/MWh increased annually by an adjustment factor. Electrical studies were presented to the relevant authorities, which provided a favorable opinion to the Project´s interconnection specifications for the assigned node. The Borrower is expected to enter into a turn-key EPC contract covering civil works, equipment and turbines from a first-tier manufacturer and a long-term O&M contract for at least the life of the IDBG loan. It has an estimated 18-month construction period, with construction starting by the first quarter of 2017. Wind resource has been assessed by DNV based on on-site wind measurements from 2009 up to 2013, with average wind speeds of 8.9m/s at 93m hub height. The Project has a capacity factor of 51.8% and estimated annual energy production at P50 of 402.9GWh/year, with expected 4,537 equivalent hours. Transaction Structure and Financing Highlights. The estimated total cost of the Project is of up to US$175.0 million, which will be financed through an IDBG A loan of up to US$50 million. The financial plan will be completed with the participation of two other lenders, from the bilateral financial institutions or export-credit agencies, as well as equity contributions for a 75/25 debt-to-equity ratio. The Project will be required to meet the customary debt sizing criteria applied to wind projects, DSCR 1.30x for P9010-years and 1.00x for P991-year. The IDBG loan is expected to have a tenor of up to 15 years door-to-door. The project will have the security package customary for this type of project finance transactions. Development Impact. The Project will have positive developmental impacts, such as: (i) adding 98.6 MW of renewable capacity to the Argentinean grid, representing 15% of the total NCRE installed capacity, thus decreasing thermal and hydro generation reliance and contributing to the 20% goal of NCRE by 2025; and (ii) displacing approximately 198,226 equivalent tons of carbon emissions per year. Financial additionality is strong as the tenor of the financing is 15 years door to door, a long tenor that is critical for the financial viability of this type of infrastructure projects, and which is simply not available in the local capital markets[1]. Commercial banks have not structured long-term project financing transactions in Argentina for the last 10 years and hence the participation of multilateral and bilateral agencies in this first round of the RenovAR program will be key to its success. [1] Source: Dealogic Project Finance Database IDB Invest Greenwind S.A. IDB Invest Rivadeneira Arbildua, María Paz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Energy 10000000 10000000 10000000 Corti Wind Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11927-02 IDB Invest Farmaenlace is an Ecuadorian company that imports, distributes, sales, and commercializes medicines, drug preparations, sanitary and medical articles and instruments, among others. It has other commercial product lines in minor scale, which are part of their portfolio mix at their own pharmacies stores. The Company has two business lines: (i) pharmaceutical distribution, focused on independent pharmacies or associates stores, and (ii) direct sales through its own pharmacies chains (with almost 500 pharmacies stores in Ecuador). The loan to Farmaenlace aims to provide medium-term financing for the expansion of pharmacies, mainly through the franchise format of “Farmacias Economicas”. The estimated cost of the project is US$ 10 million, which would be executed during the years 2016 and 2017. With IIC’s participation, Farmaenlace will be able to scale with greater intensity a unique model of franchises in the country, through which the entrepreneurship of small independent pharmacists or entrepreneurs is encouraged. At the same time that jobs are created, the populations or communities where the pharmacies are opened, will have greater access to medicines and related goods, as well as better prices and certain health services that are offered with some regularity. Farmaenlace is an Ecuadorian company that imports, distributes, sales, and commercializes medicines, drug preparations, sanitary and medical articles and instruments, among others. It has other commercial product lines in minor scale, which are part of their portfolio mix at their own pharmacies stores. The Company has two business lines: (i) pharmaceutical distribution, focused on independent pharmacies or associates stores, and (ii) direct sales through its own pharmacies chains (with almost 500 pharmacies stores in Ecuador). The loan to Farmaenlace aims to provide medium-term financing for the expansion of pharmacies, mainly through the franchise format of “Farmacias Economicas”. The estimated cost of the project is US$ 10 million, which would be executed during the years 2016 and 2017. With IIC’s participation, Farmaenlace will be able to scale with greater intensity a unique model of franchises in the country, through which the entrepreneurship of small independent pharmacists or entrepreneurs is encouraged. At the same time that jobs are created, the populations or communities where the pharmacies are opened, will have greater access to medicines and related goods, as well as better prices and certain health services that are offered with some regularity. IDB Invest Farmaenlace Cía. Ltda. IDB Invest Vera Fabbri, Pablo Marcelo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Unspecified 5000000 5000000 5000000 Farmaenlace Cía. Ltda Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11937-02 IDB Invest The proposed operation is a direct loan with a term of 10 years, including a grace period of up to 24 months, for the financing and start-up of a new LG television and washing machine assembly plant in Ecuador.. The proposed operation is a direct loan with a term of 10 years, including a grace period of up to 24 months, for the financing and start-up of a new LG television and washing machine assembly plant in Ecuador.. IDB Invest Industria Nacional de Ensamblajes S.A., Compañía General de Comercio y Mandato S.A., y Ulster Corp S.A IDB Invest Collivadino Salvatierra, Federico +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing 10000000 10000000 10000000 COMANDATO - INNACENSA Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12000-02 IDB Invest The proposed Ficohsa Sub-debt Financing Partnership (the “Project”) will contribute to increasing access to finance for small and medium enterprises (“SME”) in Honduras, including women-led SMEs. The Project entails a subordinated financing of up to US$12 million from IDB Group and up to US$6 million from the China Co-financing Fund for Latin America and the Caribbean to Banco Financiera Comercial Hondureña (“Ficohsa” or the “bank”), which will strengthen Ficohsa’s capital structure and support its continued expansion in the SME sector. The financing is expected to be complemented by an additional US$12 million subordinated financing from OFID. By partnering with Ficohsa, one of the leading private-sector banks in the country, the financing supports the bank’s strategic goals in SMEs and women banking in Honduras. The proposed Ficohsa Sub-debt Financing Partnership (the “Project”) will contribute to increasing access to finance for small and medium enterprises (“SME”) in Honduras, including women-led SMEs. The Project entails a subordinated financing of up to US$12 million from IDB Group and up to US$6 million from the China Co-financing Fund for Latin America and the Caribbean to Banco Financiera Comercial Hondureña (“Ficohsa” or the “bank”), which will strengthen Ficohsa’s capital structure and support its continued expansion in the SME sector. The financing is expected to be complemented by an additional US$12 million subordinated financing from OFID. By partnering with Ficohsa, one of the leading private-sector banks in the country, the financing supports the bank’s strategic goals in SMEs and women banking in Honduras. IDB Invest Banco Financiera Comercial Hondureña S.A. (“Ficohsa”) IDB Invest Espinoza Diaz, Jose Alejandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Financial Institutions 12000000 12000000 12000000 Ficohsa Sub-debt Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11949-07 IDB Invest UDLA is one of the leading private universities in Ecuador. It was founded in 1994 and to date it has approximately 15,000 students enrolled in its programs. UDLA offers bachelor’s and graduate degrees in fields including architecture, business, law, and engineering. The funds will be used to build, equip, and operate the new UDLA campus outside Quito. The total estimated cost of the project is US$30.2 million. The IIC will play a very important role by providing the kind of long-term resources not currently available in Ecuador. UDLA is one of the leading private universities in Ecuador. It was founded in 1994 and to date it has approximately 15,000 students enrolled in its programs. UDLA offers bachelor’s and graduate degrees in fields including architecture, business, law, and engineering. The funds will be used to build, equip, and operate the new UDLA campus outside Quito. The total estimated cost of the project is US$30.2 million. The IIC will play a very important role by providing the kind of long-term resources not currently available in Ecuador. IDB Invest Universidad de las Americas IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Social Infrastructure 8000000 8000000 8000000 Universidad de las Américas Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CH-L1101 IDB Invest The objectives of the project are to: i) contribute to the development of the local capital markets by supporting the securitization process of endorsable mortgage credits and housing leasing contract as a viable investment option for institutional investors; and ii) increase the sources of long term funding to mortgage and leasing originators, increasing the availability of housing finance for low and middle-income families and therefore supporting the reduction in housing deficit.The IDB and the IIC will provide to SSEC a secured revolving warehousing line of up to US$50 million with an availability period of 6 years and a tenor of up to 21 years. With the financing, SSEC will purchase and accumulate housing leasing contracts and endorsable mortgage credits for their further securitization in the Chilean capital market. The objectives of the project are to: i) contribute to the development of the local capital markets by supporting the securitization process of endorsable mortgage credits and housing leasing contract as a viable investment option for institutional investors; and ii) increase the sources of long term funding to mortgage and leasing originators, increasing the availability of housing finance for low and middle-income families and therefore supporting the reduction in housing deficit.The IDB and the IIC will provide to SSEC a secured revolving warehousing line of up to US$50 million with an availability period of 6 years and a tenor of up to 21 years. With the financing, SSEC will purchase and accumulate housing leasing contracts and endorsable mortgage credits for their further securitization in the Chilean capital market. IDB Invest Securitizadora Security IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 15000000 15000000 15000000 Securitizadora Security Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11818-02 IDB Invest The objective of the project is to increase access to finance, and in particular to mezzanine products, for medium-sized Mexican companies with growth potential. To that end, Mezzanine Mexico Uno, S.A.P.I. de C.V. SOFOM, ENR (“MMU”) will provide mezzanine finance to companies that are seeking new or different financing options from those traditionally offered in the local financial market, to support medium and long-term growth opportunities and improve productivity. Through this project the Inter-American Investment Corporation (“IIC”) will provide a senior loan (revolving credit line) to MMU for up to MXN 420 million (approximately US$23 million). The expected size of MMU is of MXN 2,100 million (approx. US$115 million), estimated to be reached through loans to be provided by the IIC, the International Finance Corporation (“IFC”) and other senior lenders. The IIC will participate in a co-financing agreement with IFC and other senior lenders to provide funding to MMU, which in turn will offer mezzanine financing to medium-sized Mexican companies. Vector Partners, S.C. will serve as the manager of MMU. It is expected that MMU will have a life of 8 years including a 3 year investment period, both of which will have two 1-year extension option. The project is aligned with the IDB Country Strategy with Mexico as it seeks to increase the financing level available for medium-sized companies through the support of financing alternatives to expand their access to credit. Moreover, the project is consistent with IIC’s business plan which establishes that the IIC will selectively promote projects related with investment funds that contribute to development, for instance, by supporting funds that provide long-term financing to medium-sized companies with growth potential. The objective of the project is to increase access to finance, and in particular to mezzanine products, for medium-sized Mexican companies with growth potential. To that end, Mezzanine Mexico Uno, S.A.P.I. de C.V. SOFOM, ENR (“MMU”) will provide mezzanine finance to companies that are seeking new or different financing options from those traditionally offered in the local financial market, to support medium and long-term growth opportunities and improve productivity. Through this project the Inter-American Investment Corporation (“IIC”) will provide a senior loan (revolving credit line) to MMU for up to MXN 420 million (approximately US$23 million). The expected size of MMU is of MXN 2,100 million (approx. US$115 million), estimated to be reached through loans to be provided by the IIC, the International Finance Corporation (“IFC”) and other senior lenders. The IIC will participate in a co-financing agreement with IFC and other senior lenders to provide funding to MMU, which in turn will offer mezzanine financing to medium-sized Mexican companies. Vector Partners, S.C. will serve as the manager of MMU. It is expected that MMU will have a life of 8 years including a 3 year investment period, both of which will have two 1-year extension option. The project is aligned with the IDB Country Strategy with Mexico as it seeks to increase the financing level available for medium-sized companies through the support of financing alternatives to expand their access to credit. Moreover, the project is consistent with IIC’s business plan which establishes that the IIC will selectively promote projects related with investment funds that contribute to development, for instance, by supporting funds that provide long-term financing to medium-sized companies with growth potential. IDB Invest Mezzanine Mexico Uno, S.A.P.I. de C.V. SOFOM, ENR IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 20658600 20658600 20658600 Mezzanine Mexico Uno Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11608-01 IDB Invest The project consists of the installation and operation of: a) a production line for baby wipes, first of its kind in the country; and b) a production line for chicken broth. Both will be located in the city of Santiago de los Caballeros, Dominican Republic. Securepharma, the Borrower, is an importer, wholesale distributor, and (to a lesser extent) packager of personal hygiene products, baby products, and foodstuffs. The total cost of the project is estimated at US$5.1 million, including working capital requirements. The IIC would grant a loan of US$4.0 million. The objective of the loan is to assist in efforts to expand Securepharma’s manufacturing capacity while following international standards. The project will also contribute to increasing capacity to produce basic consumer goods and make them available to the population. The project consists of the installation and operation of: a) a production line for baby wipes, first of its kind in the country; and b) a production line for chicken broth. Both will be located in the city of Santiago de los Caballeros, Dominican Republic. Securepharma, the Borrower, is an importer, wholesale distributor, and (to a lesser extent) packager of personal hygiene products, baby products, and foodstuffs. The total cost of the project is estimated at US$5.1 million, including working capital requirements. The IIC would grant a loan of US$4.0 million. The objective of the loan is to assist in efforts to expand Securepharma’s manufacturing capacity while following international standards. The project will also contribute to increasing capacity to produce basic consumer goods and make them available to the population. IDB Invest The Securepharma Partnership S.R.L. IDB Invest Rojas Cuellar, Lina Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Manufacturing 4100000 4100000 4100000 Securepharma expansion Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11619-02 IDB Invest The Project consists of a senior unsecured IIC-led A/B loan of up to US$56.6 million or its equivalent in Colombian Pesos (“COP”) to Bancamía S.A. (“Bancamía). The A loan will be for up to US$20 million equivalent in COP with an expected tenor of up to five years. The B Loan will be raised on a best efforts basis for up to US$35 million equivalent in COP and a tenor of up five years, depending on the market appetite and tenor preferences of the B lenders. The Project will also include a parallel financing of up to US$1.6 million from the Climate Smart Agriculture Fund (“CSAF”) and non reimbursable technical assistance funds of up to US$100,000. The Project’s objective is to finance the expansion of Bancamía’s portfolio to provide greater access to financing for small-scale farmers and microentrepreneurs in Colombia. The proceeds from the A/B loan will provide financing to rural small-scale farmers for working capital and productive investment needs; as well as to finance the working capital needs of microentrepreneurs. The CSAF tranche will be used to fund a new financial product intended to support small-scale farmers in adopting ecosystem-based measures to adapt to climate change, which enhance their productivity. With the non-reimbursable funds, the IIC will offer technical assistance for designing the new financial product dedicated to the small farmer investment portfolio and for establishing the differentiated tenors of the CSAF tranche. As a result of the IIC financing, Bancamía is expected to provide loans to approximately 35,000 rural microentrepreneurs and smallholder farmers for commercial and agricultural activities respectively, with a large majority (>70%) of the clients expected to be considered from the “vulnerable” population segment. This would be Bancamía’s first syndicated A/B Loan in COP, and the IDB Group’s first loan operation with Bancamía S.A. Bancamía S.A. is the second largest microfinance banking entity in Colombia. It is regulated by the Finance Superintendence (Superintendencia Financiera, “SFC”), Bancamía is the result of the integration of Fundación Microfinanzas BBVA, the Corporación Mundial de la Mujer Colombia (“CMMC”), and the Corporación Mundial de la Mujer-Medellín (“CMMM”). Bancamía currently serves 810,000 clients, 57% of which are women, and employs 3,583 people. Bancamía has a presence in 29 of Colombia’s 32 departments, serving more than 856 municipalities, 90% of them categorized as rural. It has 200 branches, 75% located in rural municipalities. In addition to productive microloans, Bancamía offers savings accounts, debit cards, and micro life, funeral, liability, and debt insurance. The Project consists of a senior unsecured IIC-led A/B loan of up to US$56.6 million or its equivalent in Colombian Pesos (“COP”) to Bancamía S.A. (“Bancamía). The A loan will be for up to US$20 million equivalent in COP with an expected tenor of up to five years. The B Loan will be raised on a best efforts basis for up to US$35 million equivalent in COP and a tenor of up five years, depending on the market appetite and tenor preferences of the B lenders. The Project will also include a parallel financing of up to US$1.6 million from the Climate Smart Agriculture Fund (“CSAF”) and non reimbursable technical assistance funds of up to US$100,000. The Project’s objective is to finance the expansion of Bancamía’s portfolio to provide greater access to financing for small-scale farmers and microentrepreneurs in Colombia. The proceeds from the A/B loan will provide financing to rural small-scale farmers for working capital and productive investment needs; as well as to finance the working capital needs of microentrepreneurs. The CSAF tranche will be used to fund a new financial product intended to support small-scale farmers in adopting ecosystem-based measures to adapt to climate change, which enhance their productivity. With the non-reimbursable funds, the IIC will offer technical assistance for designing the new financial product dedicated to the small farmer investment portfolio and for establishing the differentiated tenors of the CSAF tranche. As a result of the IIC financing, Bancamía is expected to provide loans to approximately 35,000 rural microentrepreneurs and smallholder farmers for commercial and agricultural activities respectively, with a large majority (>70%) of the clients expected to be considered from the “vulnerable” population segment. This would be Bancamía’s first syndicated A/B Loan in COP, and the IDB Group’s first loan operation with Bancamía S.A. Bancamía S.A. is the second largest microfinance banking entity in Colombia. It is regulated by the Finance Superintendence (Superintendencia Financiera, “SFC”), Bancamía is the result of the integration of Fundación Microfinanzas BBVA, the Corporación Mundial de la Mujer Colombia (“CMMC”), and the Corporación Mundial de la Mujer-Medellín (“CMMM”). Bancamía currently serves 810,000 clients, 57% of which are women, and employs 3,583 people. Bancamía has a presence in 29 of Colombia’s 32 departments, serving more than 856 municipalities, 90% of them categorized as rural. It has 200 branches, 75% located in rural municipalities. In addition to productive microloans, Bancamía offers savings accounts, debit cards, and micro life, funeral, liability, and debt insurance. IDB Invest Banco de las Microfinanzas Bancamía S.A. ("Bancamía") IDB Invest Echeverri, Ana Rosa +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME4104A-01 IDB Invest This is an uncommitted facility, for which the IIC makes funds available for rediscounting the credit claims of Nemak’s Mexican suppliers (mainly SMEs) through the E-Factor Network (“EFN”) electronic platform and financial intermediary E-Factor Diez (“EFD”). In this type of operation, the IIC evaluates the environmental and social risk presented by the suppliers and the buyer’s capacity to manage its suppliers’ environmental and social performance. This is an uncommitted facility, for which the IIC makes funds available for rediscounting the credit claims of Nemak’s Mexican suppliers (mainly SMEs) through the E-Factor Network (“EFN”) electronic platform and financial intermediary E-Factor Diez (“EFD”). In this type of operation, the IIC evaluates the environmental and social risk presented by the suppliers and the buyer’s capacity to manage its suppliers’ environmental and social performance. IDB Invest Nemak, S.A.B de C.V (“Nemak”) IDB Invest Baltazar Vazquez, Lucia Adriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 50000000 50000000 50000000 Financiamiento de la Cadena de Suministro - Nemak Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-GU3829A-01 IDB Invest El Siglo is dedicated to planting, harvesting and commercializing bananas and plantains. Currently, El Siglo has 600 hectares of banana plantation and 200 hectares of plantain plantation, located on farms equipped with irrigation systems, aerial cable systems to transfer the fruit to the packing plants and four fruit packing plants. The Company’s production is mainly sold to Compañía Bananera Independiente S.A. (“Cobigua”), under the Chiquita brand, through long-term agreements. The objective of this operation is to finance the cultivation of 475 hectares of bananas to be sold to Cobigua through a long-term purchase agreement (the "Project"). The total project cost is US$10,450 million, excluding the cost of land, since the latter will lease to a related company. El Siglo is dedicated to planting, harvesting and commercializing bananas and plantains. Currently, El Siglo has 600 hectares of banana plantation and 200 hectares of plantain plantation, located on farms equipped with irrigation systems, aerial cable systems to transfer the fruit to the packing plants and four fruit packing plants. The Company’s production is mainly sold to Compañía Bananera Independiente S.A. (“Cobigua”), under the Chiquita brand, through long-term agreements. The objective of this operation is to finance the cultivation of 475 hectares of bananas to be sold to Cobigua through a long-term purchase agreement (the "Project"). The total project cost is US$10,450 million, excluding the cost of land, since the latter will lease to a related company. IDB Invest Agropecuaria El Siglo, S.A. ("El Siglo" or the "Company") IDB Invest Rojas Cuellar, Lina Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Agribusiness 5000000 5000000 5000000 El Siglo Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ME4116A-01 IDB Invest The objective of this operation is to provide an A Loan of up to MX$30 million (approximately US$1.7 million) to support Equipa-T in scaling up a new financial product to finance home improvements for low-income families; as well as to increase the existing portfolio of group micro loans to women entrepreneurs. Equipa-T is a Mexican non-regulated microfinance institution, created in 2006, and headquartered in Mexico City, with branches across 12 states in Mexico. Its core credit products aim to promote the growth of microenterprises through individual and group lending methods, and recently also through a specialized product financing home improvements, which it aims to scale through partnerships with construction companies focused on the social housing market. At the end of 2015, Equipa-T had a loan portfolio of MX$300 million (approximately US$17 million) and had more than 40,000 borrowers in Mexico, which it serves through a network of 49 branches. Currently, approximately 57% of Equipa-T’s microfinance portfolio consists of individual microloans and 43% of group lending. Equipa-T expects to provide home improvement loans to approximately 8,000 additional families, and group micro-loans to approximately 25,000 additional women entrepreneurs over the next three years. The objective of this operation is to provide an A Loan of up to MX$30 million (approximately US$1.7 million) to support Equipa-T in scaling up a new financial product to finance home improvements for low-income families; as well as to increase the existing portfolio of group micro loans to women entrepreneurs. Equipa-T is a Mexican non-regulated microfinance institution, created in 2006, and headquartered in Mexico City, with branches across 12 states in Mexico. Its core credit products aim to promote the growth of microenterprises through individual and group lending methods, and recently also through a specialized product financing home improvements, which it aims to scale through partnerships with construction companies focused on the social housing market. At the end of 2015, Equipa-T had a loan portfolio of MX$300 million (approximately US$17 million) and had more than 40,000 borrowers in Mexico, which it serves through a network of 49 branches. Currently, approximately 57% of Equipa-T’s microfinance portfolio consists of individual microloans and 43% of group lending. Equipa-T expects to provide home improvement loans to approximately 8,000 additional families, and group micro-loans to approximately 25,000 additional women entrepreneurs over the next three years. IDB Invest Sociedad Financiera Equipate, S.A. de C.V., SOFOM ENR IDB Invest Baltazar Vazquez, Lucia Adriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 1454940 1454940 1454940 Equipa-T Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11813-06 IDB Invest The objective of the Fund is to promote business practices that contribute to biodiversity conservation and the sustainable use of natural resources through the provision of dedicated financing and technical assistance. Eco-Business is a regional fund and targets only investments in the Latin American and Caribbean (“LAC”) region, its investment activities focus on sustainable agriculture and agri-processing, forestry, fishery and aquaculture, and tourism. The Fund channels financing to local producers, primarily via financial institutions (“FIs”) that operate according to the principles of responsible finance. In limited cases (max. 15% of the total portfolio), the Fund also provides direct financing for high-impact businesses and projects. To enhance the impact of its investments, the Fund has created a development facility to complement its investments with technical assistance both to the FI level and to the final beneficiaries for capacity building, market studies and impact assessment activities. The Fund size is targeted at US$300 million. IIC’s Financing would consist of an unsecured subordinated financing of up to the lesser of (i) US$60 million or (ii) 25% of the Fund size, with a tenor of up to 6 years and an up to 3 year commitment period. It is expected that the financing will include (a) an IIC-IDB subordinated loan of up to US$40 million, and (b) a potential subordinated co-financing of up to US$20 million from the China Fund. The additional funding of Eco-Business will be comprised of equity and senior loans expected to come from domestic and international private institutional investors as well as development financial institutions. The main development impact of the project will be to expand access to finance for sustainable businesses. The success of the project is expected to demonstrate to the financial markets that sustainable businesses can represent an attractive sector with measured risk, attractive returns and substantial growth potential, thus encouraging FIs in the region to direct more resources to this sector. The project will promote the connection of FIs interested in strategically and systematically financing sustainable businesses with institutional investors and technical assistance resources. The objective of the Fund is to promote business practices that contribute to biodiversity conservation and the sustainable use of natural resources through the provision of dedicated financing and technical assistance. Eco-Business is a regional fund and targets only investments in the Latin American and Caribbean (“LAC”) region, its investment activities focus on sustainable agriculture and agri-processing, forestry, fishery and aquaculture, and tourism. The Fund channels financing to local producers, primarily via financial institutions (“FIs”) that operate according to the principles of responsible finance. In limited cases (max. 15% of the total portfolio), the Fund also provides direct financing for high-impact businesses and projects. To enhance the impact of its investments, the Fund has created a development facility to complement its investments with technical assistance both to the FI level and to the final beneficiaries for capacity building, market studies and impact assessment activities. The Fund size is targeted at US$300 million. IIC’s Financing would consist of an unsecured subordinated financing of up to the lesser of (i) US$60 million or (ii) 25% of the Fund size, with a tenor of up to 6 years and an up to 3 year commitment period. It is expected that the financing will include (a) an IIC-IDB subordinated loan of up to US$40 million, and (b) a potential subordinated co-financing of up to US$20 million from the China Fund. The additional funding of Eco-Business will be comprised of equity and senior loans expected to come from domestic and international private institutional investors as well as development financial institutions. The main development impact of the project will be to expand access to finance for sustainable businesses. The success of the project is expected to demonstrate to the financial markets that sustainable businesses can represent an attractive sector with measured risk, attractive returns and substantial growth potential, thus encouraging FIs in the region to direct more resources to this sector. The project will promote the connection of FIs interested in strategically and systematically financing sustainable businesses with institutional investors and technical assistance resources. IDB Invest Eco-Business Fund S.A., SICAV-SIF IDB Invest Espinoza Diaz, Jose Alejandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 16000000 16000000 16000000 Eco-business Fund para Latino-America y el Caribe Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12433-01 IDB Invest The proposed operation contemplates a Senior Unsecured Loan of up to BRL100 million, for a term of 3 year, to be financed by BID Invest (the “Loan”). The funds will be used to finance the portfolios of pre-owned cargo vehicles (trucks), microfinance for autonomous entrepreneurs and registered immigrants. The proposed operation contemplates a Senior Unsecured Loan of up to BRL100 million, for a term of 3 year, to be financed by BID Invest (the “Loan”). The funds will be used to finance the portfolios of pre-owned cargo vehicles (trucks), microfinance for autonomous entrepreneurs and registered immigrants. IDB Invest Omni Crédito, Financiamento e Investimento S.A. IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11762-05 IDB Invest This project consists in supporting the first green bond issuance by a private sector entity in Ecuador. Banco Pichincha is issuing green bonds in the local market under a US$250 million program. The bonds will have a maturity of up to five years. The proposal of IDB Invest is to subscribe up to US$50 million and potentially mobilize up to US$50 million of co-investment. This project consists in supporting the first green bond issuance by a private sector entity in Ecuador. Banco Pichincha is issuing green bonds in the local market under a US$250 million program. The bonds will have a maturity of up to five years. The proposal of IDB Invest is to subscribe up to US$50 million and potentially mobilize up to US$50 million of co-investment. IDB Invest Banco Pichincha IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 20000000 20000000 20000000 BANCO PICHINCHA - Green Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12793-03 IDB Invest The proposed transaction with JMMB Bank Ltd (“JMMB Bank”) consists of a senior unsecured financing of up to US$35 million with a tenor of up to 5 years, to be funded by IDB Invest. The use of the proceeds will be to finance the growth of its SME and low- and medium-income housing portfolios in Jamaica. As a complement to this financing, IDB Invest will support the growth of JMMB Bank’s women-led SMEs through a technical assistance component. The proposed transaction with JMMB Bank Ltd (“JMMB Bank”) consists of a senior unsecured financing of up to US$35 million with a tenor of up to 5 years, to be funded by IDB Invest. The use of the proceeds will be to finance the growth of its SME and low- and medium-income housing portfolios in Jamaica. As a complement to this financing, IDB Invest will support the growth of JMMB Bank’s women-led SMEs through a technical assistance component. IDB Invest JMMB Bank Ltd. IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Financial Institutions 35000000 35000000 35000000 JMMB Bank Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12494-01 IDB Invest The Latin America Venture Debt Growth Fund (the “Fund”) is a venture and growth debt fund formed between SVB Financial Group (“SVB”), Partners for Growth (”PFG” or “Fund Manager”) and IDB Invest. The Fund aims to unlock innovation and support the growth of tech-enabled companies across Latin America and the Caribbean (“LAC”). IDB Invest is proposing an investment package consisting of (i) up to US$15 million for 49% of the Fund’s capital commitments; and (ii) up to $240,000 in the Fund’s general partner for a 20% equity stake in the General Partner (the “Project”). The Fund, pioneering the strategy in Latin America and the Caribbean, will provide structured debt to later stage innovative companies across LAC in sectors such as software, technology, life sciences, healthcare and fintech, among others. This IDB Invest project will complement other IDB Lab efforts in the venture debt space focused on smaller and earlier stage startup companies. Through this coordinated approach, the IDB Group will not only be partnering with SVB and PFG, leading global venture and growth stage lenders, to expand activity in the region, but will also promote the development of debt as a financing option for companies across the innovation economy, addressing a gap in the market for venture and growth stage companies in the LAC region. The Latin America Venture Debt Growth Fund (the “Fund”) is a venture and growth debt fund formed between SVB Financial Group (“SVB”), Partners for Growth (”PFG” or “Fund Manager”) and IDB Invest. The Fund aims to unlock innovation and support the growth of tech-enabled companies across Latin America and the Caribbean (“LAC”). IDB Invest is proposing an investment package consisting of (i) up to US$15 million for 49% of the Fund’s capital commitments; and (ii) up to $240,000 in the Fund’s general partner for a 20% equity stake in the General Partner (the “Project”). The Fund, pioneering the strategy in Latin America and the Caribbean, will provide structured debt to later stage innovative companies across LAC in sectors such as software, technology, life sciences, healthcare and fintech, among others. This IDB Invest project will complement other IDB Lab efforts in the venture debt space focused on smaller and earlier stage startup companies. Through this coordinated approach, the IDB Group will not only be partnering with SVB and PFG, leading global venture and growth stage lenders, to expand activity in the region, but will also promote the development of debt as a financing option for companies across the innovation economy, addressing a gap in the market for venture and growth stage companies in the LAC region. IDB Invest IDB Invest Gutierrez Gutierrez, Martha Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Investment Funds 7740000 7740000 7740000 Latin America Venture Debt Growth Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12588-01 IDB Invest The Project consists on the re-financing of Alliar’s short-term debt and the financing of its medium-term capex expansion (the “Project”). The proceeds of the loan will go to the re-financing of the Company’s short-term debt for up to R$107 million, and the financing of the Company’s medium-term CAPEX investments for up to R$103 million with a tenor of eight years door-to-door. As a result, IDB Invest will help Alliar to implement a financial strategy that will allow them in the long term to leverage and secure their growth initiatives within the Brazilian medical diagnostics market. The most significant development effects that will derive from the Project are as follows: (i) expanded provision of health care services; (ii) improved quality of health care services; (iii) enhanced health care services through technological and digital innovation; (iv) increase productivity and operational efficiencies. The Project consists on the re-financing of Alliar’s short-term debt and the financing of its medium-term capex expansion (the “Project”). The proceeds of the loan will go to the re-financing of the Company’s short-term debt for up to R$107 million, and the financing of the Company’s medium-term CAPEX investments for up to R$103 million with a tenor of eight years door-to-door. As a result, IDB Invest will help Alliar to implement a financial strategy that will allow them in the long term to leverage and secure their growth initiatives within the Brazilian medical diagnostics market. The most significant development effects that will derive from the Project are as follows: (i) expanded provision of health care services; (ii) improved quality of health care services; (iii) enhanced health care services through technological and digital innovation; (iv) increase productivity and operational efficiencies. IDB Invest Centro de Imagem Diagnósticos S.A. (“Alliar”) IDB Invest Matas Trillo, Rafael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Social Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12277-01 IDB Invest The Project involves the development, construction and operation of a seawater desalination plant, its associated marine intake and outfall structures, a water pumping system of approximately 160 km in length, and the associated electrical infrastructure. The desalination plant (DP), which will include pre-treatment, reverse osmosis and post-treatment associated works, will have a design flow rate of 1,956 liters per second (l/s). Desalinated water will be transported from this facility via an underground pipeline system of approximately 160 km in length and pumped through four pumping stations to an industrial water reservoir located on the grounds of the Radomiro Tomic Division [División Radomiro Tomic] (DRT), near the mine of the same name, where the water will be used. The intended purpose of the martime works is to capture seawater and discharge the brine derived from the desalination process. The seawater will be taken in via a system comprised of two towers (which include a sodium hypochlorite injection system and an anti-jellyfish air injection system), two pipelines, and the bilge, located on land, from which the seawater will be pumped to the desalinization plant. The discharge structure will be comprised of a load chamber, the discharge pipes and a diffuser located at the end of the pipeline. The total cost of the Project is estimated in one billion US$ dollars. The place where the DP will be located has practically no vegetation, as it is situated in the desertic region of Chile's Norte Grande. Nevertheless, flora records show the presence of 15 species of vascular plants, all of them native, from which two have conservation status: Eulychnia iquiquensis (vulnerable), and Solanum sitiens (vulnerable and rare). As to wildlife, records show the presence of the Constanza's tree iguana (Liolaemus constanzae(, the Golden-spotted ground dove (Metriopelia aymara), the Culpeo fox (Lycalopex culpaeus), the Lima leaf-eared mouse (Phyllotis limatus), the Mountain caracara (Phalcoboenus megalopterus), and the Plain-mantled tit-spinetail (Leptasthenura aegithaloides), all considered "least concern" species. The Project involves the development, construction and operation of a seawater desalination plant, its associated marine intake and outfall structures, a water pumping system of approximately 160 km in length, and the associated electrical infrastructure. The desalination plant (DP), which will include pre-treatment, reverse osmosis and post-treatment associated works, will have a design flow rate of 1,956 liters per second (l/s). Desalinated water will be transported from this facility via an underground pipeline system of approximately 160 km in length and pumped through four pumping stations to an industrial water reservoir located on the grounds of the Radomiro Tomic Division [División Radomiro Tomic] (DRT), near the mine of the same name, where the water will be used. The intended purpose of the martime works is to capture seawater and discharge the brine derived from the desalination process. The seawater will be taken in via a system comprised of two towers (which include a sodium hypochlorite injection system and an anti-jellyfish air injection system), two pipelines, and the bilge, located on land, from which the seawater will be pumped to the desalinization plant. The discharge structure will be comprised of a load chamber, the discharge pipes and a diffuser located at the end of the pipeline. The total cost of the Project is estimated in one billion US$ dollars. The place where the DP will be located has practically no vegetation, as it is situated in the desertic region of Chile's Norte Grande. Nevertheless, flora records show the presence of 15 species of vascular plants, all of them native, from which two have conservation status: Eulychnia iquiquensis (vulnerable), and Solanum sitiens (vulnerable and rare). As to wildlife, records show the presence of the Constanza's tree iguana (Liolaemus constanzae(, the Golden-spotted ground dove (Metriopelia aymara), the Culpeo fox (Lycalopex culpaeus), the Lima leaf-eared mouse (Phyllotis limatus), the Mountain caracara (Phalcoboenus megalopterus), and the Plain-mantled tit-spinetail (Leptasthenura aegithaloides), all considered "least concern" species. IDB Invest IDB Invest Monje, Marco +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Water and Sanitation 100000000 100000000 100000000 Radomiro Tomic Desalination Plant Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12053-02 IDB Invest The purpose of the project is to provide access to financing to up to seven SME energy traders in Colombia. IDB Invest will be issue a Standby Letter of Credit in favor in Bancoldex to counter guarantee the guarantees that this institution will issue in favor of XM Compañía de Expertos en Mercados, S.A. E.S.P (Electricity Market operator in Colombia) for the account of up to seven SME energy traders. These guarantees are required to be issued by virtue of the Power Purchase Agreements that the traders will sign as a result of the Complementary Mechanism to the Renewable Energy tender CLPE No. 02-2019. The purpose of the project is to provide access to financing to up to seven SME energy traders in Colombia. IDB Invest will be issue a Standby Letter of Credit in favor in Bancoldex to counter guarantee the guarantees that this institution will issue in favor of XM Compañía de Expertos en Mercados, S.A. E.S.P (Electricity Market operator in Colombia) for the account of up to seven SME energy traders. These guarantees are required to be issued by virtue of the Power Purchase Agreements that the traders will sign as a result of the Complementary Mechanism to the Renewable Energy tender CLPE No. 02-2019. IDB Invest Banco de Comercio Exterior, S.A (Bancoldex, S.A.) IDB Invest Gutierrez Gutierrez, Martha Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 171485 171485 171485 Bancoldex Guarantee - Complementary Mechanism to Tender CLPE No. 02-2019 Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12486-01 IDB Invest The project consists of the design, construction, operation and maintenance of an LPG terminal and its associated facilities to be located approximately 100 miles south of Belize’s capital, Belmopan. The new terminal will consist of new LPG tanks, an LPG testing laboratory, loading and unloading facilities, and two bulk plants for wholesale distribution. It’s expected that it will be capable of storing at minimum 150% of Belize’s monthly LPG demand and will contribute to improve the quality of LPG supply into the country due to improved regulation and appropriate LPG blends, thus leading to a safer use of LPG in Belizean households. Additionally, the Project aims to provide a cost-effective LPG supply. The company leading the development of the Project is National Gas Company (Belize) Limited (“the Company” or “NGC”). The total cost of the Project is estimated at US$31.7 million, of which the IDB loan will finance up to US$5.5 million. Through this loan IDB Invest seeks to greatly improve energy security in Belize. The project consists of the design, construction, operation and maintenance of an LPG terminal and its associated facilities to be located approximately 100 miles south of Belize’s capital, Belmopan. The new terminal will consist of new LPG tanks, an LPG testing laboratory, loading and unloading facilities, and two bulk plants for wholesale distribution. It’s expected that it will be capable of storing at minimum 150% of Belize’s monthly LPG demand and will contribute to improve the quality of LPG supply into the country due to improved regulation and appropriate LPG blends, thus leading to a safer use of LPG in Belizean households. Additionally, the Project aims to provide a cost-effective LPG supply. The company leading the development of the Project is National Gas Company (Belize) Limited (“the Company” or “NGC”). The total cost of the Project is estimated at US$31.7 million, of which the IDB loan will finance up to US$5.5 million. Through this loan IDB Invest seeks to greatly improve energy security in Belize. IDB Invest National Gas Company (Belize) Limited IDB Invest Perez Salmeron, Ana Julia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Belize Belize Energy 6000000 6000000 6000000 National Gas Company – LPG Terminal Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13044-01 IDB Invest TMAS-2 TMAS-2 IDB Invest Patrimonio Autónomo Titularización TMAS-2 IDB Invest Ezquerra Plasencia, Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Transport 26452300 26452300 26452300 TMAS-2 Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12217-01 IDB Invest The proposed financing consists of a credit line in favor of Agrícola Pampa Baja S.A.C (“APB” or the “company”) for up to US$25 million with a 10-year tenure, a 2-year grace period and a collateral package with a coverage ratio of 110% at liquidation value. The funds will be allocated to: (i) capital investments for the plantation of 600 additional hectares of avocado and the construction of industrial packing facilities (up to US$9 million); (ii) permanent working capital (up to US$8 million); and (iii) refinancing of short and medium-term debt (up to US$8 million). The total cost of the project is US$ 85 million. The structure provides sufficient flexibility to address common contingencies in projects of this nature, in addition to including for the first time at IDB Invest the “El Niño” clause that allows the client to reschedule one year’s amortization in case of the manifestation of a climatic event that has adverse effects on the ability to repay.APB, founded in 1998 by Octavio Paredes, is a family agricultural business that has two business lines: (i) the sowing, production and packing of fresh fruits (avocado, grapes, tangerines and grenade) and of vegetables (paprika and sweet yellow onion) and (ii) milk production through its livestock line, being the main producer of milk in Peru. The proposed financing consists of a credit line in favor of Agrícola Pampa Baja S.A.C (“APB” or the “company”) for up to US$25 million with a 10-year tenure, a 2-year grace period and a collateral package with a coverage ratio of 110% at liquidation value. The funds will be allocated to: (i) capital investments for the plantation of 600 additional hectares of avocado and the construction of industrial packing facilities (up to US$9 million); (ii) permanent working capital (up to US$8 million); and (iii) refinancing of short and medium-term debt (up to US$8 million). The total cost of the project is US$ 85 million. The structure provides sufficient flexibility to address common contingencies in projects of this nature, in addition to including for the first time at IDB Invest the “El Niño” clause that allows the client to reschedule one year’s amortization in case of the manifestation of a climatic event that has adverse effects on the ability to repay.APB, founded in 1998 by Octavio Paredes, is a family agricultural business that has two business lines: (i) the sowing, production and packing of fresh fruits (avocado, grapes, tangerines and grenade) and of vegetables (paprika and sweet yellow onion) and (ii) milk production through its livestock line, being the main producer of milk in Peru. IDB Invest Agrícola Pampa Baja S.A.C. (“APB” or the “company”) IDB Invest Collivadino Salvatierra, Federico +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Agribusiness 25000000 25000000 25000000 Agrícola Pampa Baja S.A.C. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12227-02 IDB Invest A senior loan granted directly to Conaprole for up to US$50 million to finance the construction of a powdered milk plant for nutritional products, with a term of up to ten years, including a grace period of up to three years. The financing will make it possible to increase the production and export of higher added value products, diversify the portfolio of products and markets, improving the productivity and competitiveness of Conaprole and the Uruguayan dairy sector, which is aligned with one of the priority areas of Uruguay’s strategy of improving productivity and competitiveness through innovation and international integration. In addition, Conaprole’s more than 1,900 members and milk producers will benefit indirectly from to the company’s higher profitability margins. Conaprole, created in 1935, is a leader in Uruguay’s dairy industry with a track record of more than 80 years; its market share in milk sales is greater than 70% and its 1,914 cooperative members/producers represent 75% of producers. Sixty percent of its income comes from exports and it is Uruguay’s principal exporter and the principal exporter of dairy products in Latin America, accounting for 3% of the global dairy trade. In fiscal year 2018, it processed more than 1,650 million liters of milk, and its principal exports are liquid and powdered milk, cheeses, yogurt, butter, ice creams, and dulce de leche, which it markets under its own brands on local and export markets. A senior loan granted directly to Conaprole for up to US$50 million to finance the construction of a powdered milk plant for nutritional products, with a term of up to ten years, including a grace period of up to three years. The financing will make it possible to increase the production and export of higher added value products, diversify the portfolio of products and markets, improving the productivity and competitiveness of Conaprole and the Uruguayan dairy sector, which is aligned with one of the priority areas of Uruguay’s strategy of improving productivity and competitiveness through innovation and international integration. In addition, Conaprole’s more than 1,900 members and milk producers will benefit indirectly from to the company’s higher profitability margins. Conaprole, created in 1935, is a leader in Uruguay’s dairy industry with a track record of more than 80 years; its market share in milk sales is greater than 70% and its 1,914 cooperative members/producers represent 75% of producers. Sixty percent of its income comes from exports and it is Uruguay’s principal exporter and the principal exporter of dairy products in Latin America, accounting for 3% of the global dairy trade. In fiscal year 2018, it processed more than 1,650 million liters of milk, and its principal exports are liquid and powdered milk, cheeses, yogurt, butter, ice creams, and dulce de leche, which it markets under its own brands on local and export markets. IDB Invest Cooperativa Nacional de Productores de Leche (“Conaprole”) IDB Invest Santiago Cat +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Agribusiness 50000000 50000000 50000000 Conaprole - Corporativo Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12526-01 IDB Invest Konfío is an online platform that revolutionizes corporate credit processes in Mexico, making it easier for micro, small, and medium enterprises ("MSMEs") to access formal financing through technology, data science, and efficient digital transactions. IDB Invest is considering granting a guaranteed facility of up to the equivalent in MXN of US$40 million to a Management and Source of Payment Trust created specifically to purchase loans granted to MSMEs and individuals conducting Konfío-sourced entrepreneurial activities. Konfío is an online platform that revolutionizes corporate credit processes in Mexico, making it easier for micro, small, and medium enterprises ("MSMEs") to access formal financing through technology, data science, and efficient digital transactions. IDB Invest is considering granting a guaranteed facility of up to the equivalent in MXN of US$40 million to a Management and Source of Payment Trust created specifically to purchase loans granted to MSMEs and individuals conducting Konfío-sourced entrepreneurial activities. IDB Invest A Management and Source of Payment Trust to be created by Konfío IDB Invest Arauz, Gonzalo C. +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Digital Economy 40000000 40000000 40000000 Konfío Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12380-02 IDB Invest The Huemul project portfolio (henceforth, the “Project” or the “Portfolio”) consists of the construction and operation of three wind farms and two solar power plants in Chile (henceforth, the “Subprojects"), with a total installed capacity of 630.2 megawatts (MW). The wind farm projects include the following: (i) the Ckani Subproject located in Calama, with an installed capacity of 109.2 MW; (ii) the Llanos del Viento Subproject located in Antofagasta, with an installed capacity of 160.0 MW; and (iii) the Puelche Sur Subproject located in the Los Lagos Region, with an installed capacity of 156.0 MW. The solar projects include (i) the Pampa Tigre Subproject located in Antofagasta, with an installed capacity of 100.0 MW; and (ii) the Valle Escondido Subproject located in the Atacama Region, with an installed capacity of 105.0 MW. IDB Invest’s participation in the financing will contribute to increasing the supply of renewable energy in Chile. The Huemul project portfolio (henceforth, the “Project” or the “Portfolio”) consists of the construction and operation of three wind farms and two solar power plants in Chile (henceforth, the “Subprojects"), with a total installed capacity of 630.2 megawatts (MW). The wind farm projects include the following: (i) the Ckani Subproject located in Calama, with an installed capacity of 109.2 MW; (ii) the Llanos del Viento Subproject located in Antofagasta, with an installed capacity of 160.0 MW; and (iii) the Puelche Sur Subproject located in the Los Lagos Region, with an installed capacity of 156.0 MW. The solar projects include (i) the Pampa Tigre Subproject located in Antofagasta, with an installed capacity of 100.0 MW; and (ii) the Valle Escondido Subproject located in the Atacama Region, with an installed capacity of 105.0 MW. IDB Invest’s participation in the financing will contribute to increasing the supply of renewable energy in Chile. IDB Invest Huemul Energía Spa IDB Invest Jatem, Alejandra Luz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Energy 100000000 100000000 100000000 Huemul Portfolio Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13019-01 IDB Invest The transaction consists of IDB Invest underwriting two bond issues by a Peruvian financial company for up to US$20 million: (i) a subordinated social bond aimed at equal opportunities for women-led micro and small enterprises denominated in Peruvian Soles (“PEN”) for up to the equivalent of US$10 million, with an eight-year term and bullet payment; and (ii) a senior social bond aimed at equal opportunities for women-led micro and small enterprises denominated in PEN for up to the equivalent to US$10 million, with a four-year term and bullet payment. The bond issues are intended to increase the Issuer's accountable capital and support its portfolio growth strategy, which targets women-led micro and small enterprises in Peru. The creation of a fund usage framework in line with the principles and guidelines for social impact bonds is underway. IDB Invest will provide advisory services to obtain a second party opinion (“SPO”) to validate and confirm the appropriateness of the methodological framework used. The transaction consists of IDB Invest underwriting two bond issues by a Peruvian financial company for up to US$20 million: (i) a subordinated social bond aimed at equal opportunities for women-led micro and small enterprises denominated in Peruvian Soles (“PEN”) for up to the equivalent of US$10 million, with an eight-year term and bullet payment; and (ii) a senior social bond aimed at equal opportunities for women-led micro and small enterprises denominated in PEN for up to the equivalent to US$10 million, with a four-year term and bullet payment. The bond issues are intended to increase the Issuer's accountable capital and support its portfolio growth strategy, which targets women-led micro and small enterprises in Peru. The creation of a fund usage framework in line with the principles and guidelines for social impact bonds is underway. IDB Invest will provide advisory services to obtain a second party opinion (“SPO”) to validate and confirm the appropriateness of the methodological framework used. IDB Invest N/A IDB Invest Vega Montoro, Henry William +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 16000000 16000000 16000000 Financial Inclusion Social Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12710-01 IDB Invest The proposed transaction consists of a senior secured A/B Loan of up to U$300 million[1] to be provided to LD Celulose S.A. (“LD Celulose”), consisting on: (i) an A Loan of up to US$200 million to be funded by IDB and IDB Invest in a proportion to be determine with a tenor of up to ten years, including a 42-months grace period; (ii) an IDB fund Loan of up to US$50 million to be funded by the China Co-Financing Fund for Latin America and the Caribbean with a tenor of up to ten years, including a 42-months grace period; and (iii) a B Loans of up to US$50 million to be funded by international financial institutions with a tenor of up to seven years, including a 42-months grace period (all together, the "Loan"). The Loan will finance part of the construction of an integrated US$1.5 billion industrial plant that will produce 450,000 ton per year of dissolving wood pulp (“DWP”) that will be exported and used to manufacture textiles and non-woven fabrics, to be carried out by LD Celulose, a joint venture owned by the Austrian group Lenzing and by the Brazilian group Duratex (“the Project”). The Project will be strategically located near the cities of Uberlândia and Araguari in the state of Minas Gerais, Brazil, where soil and climate ensure ideal conditions to grow eucalyptus. The Project includes the construction of a power co-generation plant that will produce 132MW of electricity per year, of which 63.5MW will be consumed at the pulp mill, being the rest available for sale to the market. Construction phase is planned to start in early April 2020 and last for 28 months. Founded in 1938 and headquartered in Austria, Lenzing is a world market leader in the production of wood-based cellulose fibers. It has operations in 17 locations and employs over 6,800 worldwide. It has two DWP plants with a total production capacity of 600,000 ton/year and seven factories to produce fiber for various applications, with a total capacity of over 1,000,000 tons. Founded in 1951 and headquartered in São Paulo, Brazil, Duratex engages in the manufacture of wood panels, sanitary ware and metals and ceramic tiles. Duratex ranks within the top 10 manufacturers of wooden panels globally and the largest player in the Southern Hemisphere, with 16 industrial units and seven forestal units located in Brazil, and three industrial units in Colombia. Duratex exports to over 50 countries and employs over 11,000 employees. [1] In the event that the Borrower and its shareholders do not procure sufficient ECA financing (i.e., less than the expected amount of USD 300 million from Export Credit Agencies), IDB Invest is willing to consider increasing its financing package to up to US$500 million by increasing the B Loan amount and on terms to be agreed with the Shareholders. **************************************************************************************************************** Amendment on March 24, 2020: Financing Request has changed, see new information below. ********************************************************************************************************** Up to US$500 million from the IDB Group, under a total Loan of up to US$1 billion jointly led and co-syndicated with IFC. The proposed transaction consists of a senior secured A/B Loan of up to U$500 million to be provided to LD Celulose S.A. (“LD Celulose”), consisting on: (i) an A Loan of up to US$200 million to be jointly funded by IDB and IDB Invest with a tenor of up to eleven years, including a 42-months grace period; (ii) an IDB administered loan of up to US$50 million to be funded by the China Co-Financing Fund for Latin America and the Caribbean with a tenor of up to eleven years, including a 42-months grace period; and (iii) B Loans of up to US$250 million to be funded by international financial institutions with a tenor of up to nine years, including a 42-months grace period (all together, the "Loan"). The Loan will finance part of the construction of an integrated US$1.8 billion industrial plant that will produce 500,000 tons per year of dissolving wood pulp (“DWP”) that will be exported and used to manufacture textiles and non-woven fabrics. The Project will be strategically located near the cities of Uberlândia and Araguari in the state of Minas Gerais, Brazil, where soil and climate ensure ideal conditions to grow eucalyptus. The Project includes the construction of a power co-generation plant with nominal capacity of 144MW/h of electricity, making LD Celulose a net exporter of energy. The construction phase is planned to start in early April 2020 and last for 28 months. LD Celulose is a joint venture owned by the Austrian group Lenzing and by the Brazilian group Duratex (“the Project”). The proposed transaction consists of a senior secured A/B Loan of up to U$300 million[1] to be provided to LD Celulose S.A. (“LD Celulose”), consisting on: (i) an A Loan of up to US$200 million to be funded by IDB and IDB Invest in a proportion to be determine with a tenor of up to ten years, including a 42-months grace period; (ii) an IDB fund Loan of up to US$50 million to be funded by the China Co-Financing Fund for Latin America and the Caribbean with a tenor of up to ten years, including a 42-months grace period; and (iii) a B Loans of up to US$50 million to be funded by international financial institutions with a tenor of up to seven years, including a 42-months grace period (all together, the "Loan"). The Loan will finance part of the construction of an integrated US$1.5 billion industrial plant that will produce 450,000 ton per year of dissolving wood pulp (“DWP”) that will be exported and used to manufacture textiles and non-woven fabrics, to be carried out by LD Celulose, a joint venture owned by the Austrian group Lenzing and by the Brazilian group Duratex (“the Project”). The Project will be strategically located near the cities of Uberlândia and Araguari in the state of Minas Gerais, Brazil, where soil and climate ensure ideal conditions to grow eucalyptus. The Project includes the construction of a power co-generation plant that will produce 132MW of electricity per year, of which 63.5MW will be consumed at the pulp mill, being the rest available for sale to the market. Construction phase is planned to start in early April 2020 and last for 28 months. Founded in 1938 and headquartered in Austria, Lenzing is a world market leader in the production of wood-based cellulose fibers. It has operations in 17 locations and employs over 6,800 worldwide. It has two DWP plants with a total production capacity of 600,000 ton/year and seven factories to produce fiber for various applications, with a total capacity of over 1,000,000 tons. Founded in 1951 and headquartered in São Paulo, Brazil, Duratex engages in the manufacture of wood panels, sanitary ware and metals and ceramic tiles. Duratex ranks within the top 10 manufacturers of wooden panels globally and the largest player in the Southern Hemisphere, with 16 industrial units and seven forestal units located in Brazil, and three industrial units in Colombia. Duratex exports to over 50 countries and employs over 11,000 employees. [1] In the event that the Borrower and its shareholders do not procure sufficient ECA financing (i.e., less than the expected amount of USD 300 million from Export Credit Agencies), IDB Invest is willing to consider increasing its financing package to up to US$500 million by increasing the B Loan amount and on terms to be agreed with the Shareholders. **************************************************************************************************************** Amendment on March 24, 2020: Financing Request has changed, see new information below. ********************************************************************************************************** Up to US$500 million from the IDB Group, under a total Loan of up to US$1 billion jointly led and co-syndicated with IFC. The proposed transaction consists of a senior secured A/B Loan of up to U$500 million to be provided to LD Celulose S.A. (“LD Celulose”), consisting on: (i) an A Loan of up to US$200 million to be jointly funded by IDB and IDB Invest with a tenor of up to eleven years, including a 42-months grace period; (ii) an IDB administered loan of up to US$50 million to be funded by the China Co-Financing Fund for Latin America and the Caribbean with a tenor of up to eleven years, including a 42-months grace period; and (iii) B Loans of up to US$250 million to be funded by international financial institutions with a tenor of up to nine years, including a 42-months grace period (all together, the "Loan"). The Loan will finance part of the construction of an integrated US$1.8 billion industrial plant that will produce 500,000 tons per year of dissolving wood pulp (“DWP”) that will be exported and used to manufacture textiles and non-woven fabrics. The Project will be strategically located near the cities of Uberlândia and Araguari in the state of Minas Gerais, Brazil, where soil and climate ensure ideal conditions to grow eucalyptus. The Project includes the construction of a power co-generation plant with nominal capacity of 144MW/h of electricity, making LD Celulose a net exporter of energy. The construction phase is planned to start in early April 2020 and last for 28 months. LD Celulose is a joint venture owned by the Austrian group Lenzing and by the Brazilian group Duratex (“the Project”). IDB Invest LD Celulose S.A. IDB Invest de Paiva Ferraz, Joao Victor +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Agribusiness 109000000 109000000 109000000 LD Celulose S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12278-01 IDB Invest The Project’s objective is to design, construct, finance and maintain the 272-kilometer long railway between Montevideo and Paso de Los Toros in Uruguay. The financing consists of (i) a senior A loan, granted by the IDB Group for an amount of up to US$300 million and a senior B loan for an amount of up to US$160.9 million, provided by two international commercial banks; in addition, the financing will include (ii) a subordinated A loan provided by the IDB Group for an amount of up to US$7.5 million and a subordinated B loan for an amount of up to US$67.5 million. Amendment: Subsequently, in 2022 IDB Invest approved certain modifications to the financing granted in 2019, including among others the following: (i) a new B Loan for US$250,000,000, (ii) reduction of the IDBG A Loans from US$300,000,000 to US$175,000,000, and (iii) reduction of the IDB Invest B Loan from US$160,900,000 to US$130,450,000. The Project’s objective is to design, construct, finance and maintain the 272-kilometer long railway between Montevideo and Paso de Los Toros in Uruguay. The financing consists of (i) a senior A loan, granted by the IDB Group for an amount of up to US$300 million and a senior B loan for an amount of up to US$160.9 million, provided by two international commercial banks; in addition, the financing will include (ii) a subordinated A loan provided by the IDB Group for an amount of up to US$7.5 million and a subordinated B loan for an amount of up to US$67.5 million. Amendment: Subsequently, in 2022 IDB Invest approved certain modifications to the financing granted in 2019, including among others the following: (i) a new B Loan for US$250,000,000, (ii) reduction of the IDBG A Loans from US$300,000,000 to US$175,000,000, and (iii) reduction of the IDB Invest B Loan from US$160,900,000 to US$130,450,000. IDB Invest Grupo Vía Central IDB Invest Manzo Cruces, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Transport 115000000 115000000 115000000 Central Railroad PPP Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12610-01 IDB Invest The proposed project includes a financing mechanism for the Caja de Héroes Family Allowance Compensation Fund (“Caja Los Héroes” or “Caja”) that will allow the Caja to deepen and expand its program of financial inclusion to employees and pensioners, improving access to financial services for the underserved sectors of traditional banking. The Financial Inclusion Agreement will provide Caja Los Héroes with an unsecured senior loan for up to US$50 million, which will have a term of up to six years with two years of grace. The proposed project includes a financing mechanism for the Caja de Héroes Family Allowance Compensation Fund (“Caja Los Héroes” or “Caja”) that will allow the Caja to deepen and expand its program of financial inclusion to employees and pensioners, improving access to financial services for the underserved sectors of traditional banking. The Financial Inclusion Agreement will provide Caja Los Héroes with an unsecured senior loan for up to US$50 million, which will have a term of up to six years with two years of grace. IDB Invest Caja de Compensación de Asignación Familiar Caja Los Héroes IDB Invest Astudillo Lira, Maria Belen +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 50000000 50000000 50000000 Caja Los Heroes FI Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13057-01 IDB Invest Konfío is an online platform that revolutionizes corporate credit processes in Mexico, making it easier for Micro, Small, and Medium Enterprises ("MPYMES") to access formal financing through technology, data science, and efficient digital transactions. The objective of the transaction is to support Konfío to: (i) expand its lending activities in Mexico; and (ii) consolidate its presence as a recurrent issuer of asset backed securities in the capital markets. For this purpose, IDB Invest will provide a local currency denominated warehousing line (the “WHL”) to a special purpose vehicle incorporate in Mexico (the “Borrower” or “SPV”) for up to MXN1,140 million (the “IDB Invest Financing” or the “Financing”). The Financing will be composed of two tranches: (i) a committed tranche for up to MXN570 million (the “Tranche 1”); and (ii) an uncommitted tranche for up to MXN570 million (the “Tranche 2”). The Borrower will only use the proceeds of the WHL to purchase and accumulate MSME loans, originated by Konfío, in according to eligibility criteria acceptable to IDB Invest, for their future securitization in the capital markets. Konfío is an online platform that revolutionizes corporate credit processes in Mexico, making it easier for Micro, Small, and Medium Enterprises ("MPYMES") to access formal financing through technology, data science, and efficient digital transactions. The objective of the transaction is to support Konfío to: (i) expand its lending activities in Mexico; and (ii) consolidate its presence as a recurrent issuer of asset backed securities in the capital markets. For this purpose, IDB Invest will provide a local currency denominated warehousing line (the “WHL”) to a special purpose vehicle incorporate in Mexico (the “Borrower” or “SPV”) for up to MXN1,140 million (the “IDB Invest Financing” or the “Financing”). The Financing will be composed of two tranches: (i) a committed tranche for up to MXN570 million (the “Tranche 1”); and (ii) an uncommitted tranche for up to MXN570 million (the “Tranche 2”). The Borrower will only use the proceeds of the WHL to purchase and accumulate MSME loans, originated by Konfío, in according to eligibility criteria acceptable to IDB Invest, for their future securitization in the capital markets. IDB Invest An SPV to be incorporated in Mexico for the purpose of this transaction. IDB Invest Domenech Pina, Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 54329000 54329000 54329000 Konfío Warehouse Line Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12340-01 IDB Invest As part of its strategic plan to develop the country's educational infrastructure, the Government of Uruguay is implementing a four-package educational infrastructure program to be developed through Public-Private Partnership (PPP) Contracts. PPP Educativa 2 is the second of these packages. It includes the design, financing, construction, operation, maintenance, and equipment—by the Concessionaire—of 23 schools, 9 technology centers and 10 sports centers. The works will be distributed in the Districts of Artigas, Canelones, Cerro Largo, Colonia, Durazno, Maldonado, Montevideo, Paysandú, Río Negro, Rivera, Rocha, Salto, San José, Tacuarembó, and Treinta y Tres. The total cost of PPP Educativa 2 amounts to the equivalent of approximately 804 million Indexed Units. The Concessionaire will be entitled to an availability payment as each center is completed, a percentage of which will be dollar denominated. IDB Invest will participate in the project through a 20-year dollar-denominated senior loan of up to approximately US$25 million, to finance the portion of the initial investment denominated in said currency. The loan will be repaid with the dollar portion of the availability payment. As part of its strategic plan to develop the country's educational infrastructure, the Government of Uruguay is implementing a four-package educational infrastructure program to be developed through Public-Private Partnership (PPP) Contracts. PPP Educativa 2 is the second of these packages. It includes the design, financing, construction, operation, maintenance, and equipment—by the Concessionaire—of 23 schools, 9 technology centers and 10 sports centers. The works will be distributed in the Districts of Artigas, Canelones, Cerro Largo, Colonia, Durazno, Maldonado, Montevideo, Paysandú, Río Negro, Rivera, Rocha, Salto, San José, Tacuarembó, and Treinta y Tres. The total cost of PPP Educativa 2 amounts to the equivalent of approximately 804 million Indexed Units. The Concessionaire will be entitled to an availability payment as each center is completed, a percentage of which will be dollar denominated. IDB Invest will participate in the project through a 20-year dollar-denominated senior loan of up to approximately US$25 million, to finance the portion of the initial investment denominated in said currency. The loan will be repaid with the dollar portion of the availability payment. IDB Invest Infraestructura Educativa II SA IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Social Infrastructure 15000000 15000000 15000000 PPP Educativa 2 Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12718-03 IDB Invest The proposed financing consists of three separate loans for three renewable energy projects (two wind farms and a solar plant with a total capacity of more than 600 MW) developed and built by Enel S.p.A. ("Enel") through its Mexican renewable energy subsidiary, Enel Rinnovabile S.A. de C.V. ("Enel Rinnovabile"). The projects include the Dolores Wind Farm Project in Nuevo León ("Dolores"), the Amistad IV Wind Farm Project in Coahuila ("Amistad"), and the Magdalena Solar Project in Tlaxcala ("Magdalena", which together with Dolores and Amistad are referred to as the "Portfolio Projects"). The estimated total cost of the three projects is approximately USD 700 million. The financing consists of a total aggregate amount of USD 150 million, provided by IDB Invest with a bullet repayment after seven years, and will be jointly and severally guaranteed by Enel. The proposed financing consists of three separate loans for three renewable energy projects (two wind farms and a solar plant with a total capacity of more than 600 MW) developed and built by Enel S.p.A. ("Enel") through its Mexican renewable energy subsidiary, Enel Rinnovabile S.A. de C.V. ("Enel Rinnovabile"). The projects include the Dolores Wind Farm Project in Nuevo León ("Dolores"), the Amistad IV Wind Farm Project in Coahuila ("Amistad"), and the Magdalena Solar Project in Tlaxcala ("Magdalena", which together with Dolores and Amistad are referred to as the "Portfolio Projects"). The estimated total cost of the three projects is approximately USD 700 million. The financing consists of a total aggregate amount of USD 150 million, provided by IDB Invest with a bullet repayment after seven years, and will be jointly and severally guaranteed by Enel. IDB Invest Dolores Wind, S.A. de C.V, Parque Amistad IV, S.A. de C.V. y EGP Magdalena Solar, S.A. de C.V. IDB Invest Biosca, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12378-01 IDB Invest The project consists of the design, construction, operation and maintenance of a greenfield multipurpose port facility located in the Gulf of Urabá, Antioquia, Colombia, under a 30-year concession contract (the “Project”). The Project will build up on existing and captive traffic (major shipping lines already call at Urabá despite the lack of modern port facilities), becoming the main outlet for Urabá’s banana and fruit exports, which represent 75% of Colombian banana exports. Due to its location and logistic cost advantages, it is also expected that Puerto Antioquia will divert cargo in/out of Medellin (2nd largest city in Colombia and main international trade region in Colombia), in/out Bogotá and their surrounding areas.Project Cost is estimated at US$650 million, including; (i) an offshore deck with 1337 meters of berth (570 for container, 537 for bulk & general cargo, 230 for RoRo) capable of handling super post-Panamax vessels; (ii) a 3.8km viaduct and access road that connects the offshore deck with the inland terminal; and (iii) 38ha inland terminal/logistic facilities, including a container yard, dry-bulk storage facilities, warehouses, inspection areas, maintenance and admin buildings and utilities. The Project’s initial handling capacity is of 600,000 TEU (expansible to 800,000 TEU), 1.15M tones of general cargo/year, three million tons of bulk cargo, and 60,000 vehicles. The Project currently has land access routes, but prior to start of operations there will be an alternate road build of 13 Km, in order to allow for the progressive expansion of port operations. Amendment: The project's total funding has increased to US$706.2 million since its initial approval in 2019. This includes the following components: (i) an offshore deck with 4 berths capable of handling post-Panamax vessels; (ii) a viaduct and an access road connecting the marine deck to the inland terminal; (iii) land terminal/logistics facilities; and (iv) a 115 kv transmission line. The IDB Group and IDB Invest's managed funds exposure to the project will be US$223 million.The initially planned 13 km road has been discarded. The new plan is to build a 4.3 km bypass around Nueva Colonia and make some improvements to the existing road from Río Grande to Nueva Colombia. These works will be provided by the National Government. The project consists of the design, construction, operation and maintenance of a greenfield multipurpose port facility located in the Gulf of Urabá, Antioquia, Colombia, under a 30-year concession contract (the “Project”). The Project will build up on existing and captive traffic (major shipping lines already call at Urabá despite the lack of modern port facilities), becoming the main outlet for Urabá’s banana and fruit exports, which represent 75% of Colombian banana exports. Due to its location and logistic cost advantages, it is also expected that Puerto Antioquia will divert cargo in/out of Medellin (2nd largest city in Colombia and main international trade region in Colombia), in/out Bogotá and their surrounding areas.Project Cost is estimated at US$650 million, including; (i) an offshore deck with 1337 meters of berth (570 for container, 537 for bulk & general cargo, 230 for RoRo) capable of handling super post-Panamax vessels; (ii) a 3.8km viaduct and access road that connects the offshore deck with the inland terminal; and (iii) 38ha inland terminal/logistic facilities, including a container yard, dry-bulk storage facilities, warehouses, inspection areas, maintenance and admin buildings and utilities. The Project’s initial handling capacity is of 600,000 TEU (expansible to 800,000 TEU), 1.15M tones of general cargo/year, three million tons of bulk cargo, and 60,000 vehicles. The Project currently has land access routes, but prior to start of operations there will be an alternate road build of 13 Km, in order to allow for the progressive expansion of port operations. Amendment: The project's total funding has increased to US$706.2 million since its initial approval in 2019. This includes the following components: (i) an offshore deck with 4 berths capable of handling post-Panamax vessels; (ii) a viaduct and an access road connecting the marine deck to the inland terminal; (iii) land terminal/logistics facilities; and (iv) a 115 kv transmission line. The IDB Group and IDB Invest's managed funds exposure to the project will be US$223 million.The initially planned 13 km road has been discarded. The new plan is to build a 4.3 km bypass around Nueva Colonia and make some improvements to the existing road from Río Grande to Nueva Colombia. These works will be provided by the National Government. IDB Invest Puerto Bahía Colombia de Urabá S.A. IDB Invest Yan, Shanyue +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Transport 93000000 93000000 93000000 Puerto de Antioquia (Puerto de Uraba) Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12814-01 IDB Invest The proposed financing consists of an 8-year senior loan of up to US$37.5 million to be provided to Nicaragua Sugar States Limited (“Nicaragua Sugar”) as follows: US$25 million funded by IDB Invest and US$12.5 million funded by concessional funds administered by IDB. Nicaragua Sugar, one of the leading companies in the sugar sector in Nicaragua and Central America, will use of the financing (i) to continue to improve its efficiency and productivity levels through industrial and agricultural investments, (ii) for permanent working capital needs of its operations and its supply chain, and (iv) for green projects that improve its use of resources, especially water. The sugar sector in Nicaragua is one of the main agribusiness and export sector in the country. The proposed financing consists of an 8-year senior loan of up to US$37.5 million to be provided to Nicaragua Sugar States Limited (“Nicaragua Sugar”) as follows: US$25 million funded by IDB Invest and US$12.5 million funded by concessional funds administered by IDB. Nicaragua Sugar, one of the leading companies in the sugar sector in Nicaragua and Central America, will use of the financing (i) to continue to improve its efficiency and productivity levels through industrial and agricultural investments, (ii) for permanent working capital needs of its operations and its supply chain, and (iv) for green projects that improve its use of resources, especially water. The sugar sector in Nicaragua is one of the main agribusiness and export sector in the country. IDB Invest Nicaragua Sugar States Limited IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Agribusiness 25000000 25000000 25000000 Nicaragua Sugar Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12995-01 IDB Invest The project aims to support Engie Energía Chile (“EECL” or the “Company”) in the construction and operation of the Wind Calama (the “Project”), a wind project with an installed capacity of 151.2 megawatts (“MW”), to be located near the city of Calama in the Antofagasta Region, Chile. The energy produced will replace the anticipated decommissioning of units U14 and U15 of EECL, each with a capacity of 125 MW that are part of the Tocopilla Thermoelectric Plant (“TTP”). The estimated cost of the Project is US$152.9 million. IDB Invest will participate in the transaction through a senior loan of up to 12 years, for an amount of US$110.0 million. In parallel, IDB Invest will mobilize resources of the Clean Technology fund (“CTF”) for up to US$15.0 million, to complement the Project’s financing. The main objective of this operation is to deploy a pilot financial instrument that supports decarbonization activities in Chile, by monetizing a clean technology project’s actual displacement of CO2 emissions of existing fossil fuel fired power assets. In the absence of a carbon credits market, the financing structure will establish a minimum price for the emissions through a lower financing cost in the CTF loan. Methodology of this mechanism is being developed alongside a technical consultant, so that it can be replicated in other projects in Chile and in Latin America and the Caribbean, with the broader objective to foster the development of a carbon credits market. The project aims to support Engie Energía Chile (“EECL” or the “Company”) in the construction and operation of the Wind Calama (the “Project”), a wind project with an installed capacity of 151.2 megawatts (“MW”), to be located near the city of Calama in the Antofagasta Region, Chile. The energy produced will replace the anticipated decommissioning of units U14 and U15 of EECL, each with a capacity of 125 MW that are part of the Tocopilla Thermoelectric Plant (“TTP”). The estimated cost of the Project is US$152.9 million. IDB Invest will participate in the transaction through a senior loan of up to 12 years, for an amount of US$110.0 million. In parallel, IDB Invest will mobilize resources of the Clean Technology fund (“CTF”) for up to US$15.0 million, to complement the Project’s financing. The main objective of this operation is to deploy a pilot financial instrument that supports decarbonization activities in Chile, by monetizing a clean technology project’s actual displacement of CO2 emissions of existing fossil fuel fired power assets. In the absence of a carbon credits market, the financing structure will establish a minimum price for the emissions through a lower financing cost in the CTF loan. Methodology of this mechanism is being developed alongside a technical consultant, so that it can be replicated in other projects in Chile and in Latin America and the Caribbean, with the broader objective to foster the development of a carbon credits market. IDB Invest Engie Energía Chile S.A. IDB Invest Rivadeneira Arbildua, María Paz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Energy 74000000 74000000 74000000 Engie Decarbonization Instrument Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13022-02 IDB Invest The proposed transaction is a facility for the purchase of accounts receivable for up to US$50 million (“Discount Facility” or “the Project”) that will be used to discount invoices from Telefónica del Perú S.A.A.’s (“Telefónica del Perú” or “the Company”) program to provide individual and corporate clients with financing for the purchase of handsets, communications equipment, and digital telecommunications services. The Discount Facility will be available for up to 48 months, plus 24 months for the collection of accounts receivables purchased by IDB Invest. The proposed transaction is a facility for the purchase of accounts receivable for up to US$50 million (“Discount Facility” or “the Project”) that will be used to discount invoices from Telefónica del Perú S.A.A.’s (“Telefónica del Perú” or “the Company”) program to provide individual and corporate clients with financing for the purchase of handsets, communications equipment, and digital telecommunications services. The Discount Facility will be available for up to 48 months, plus 24 months for the collection of accounts receivables purchased by IDB Invest. IDB Invest Telefónica del Perú S.A.A. IDB Invest Vega Aldana, Mario Andres +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Digital Economy 50000000 50000000 50000000 Movistar Perú Financiamiento de Dispositivos Móviles y Servicios Digitales Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11620-01 IDB Invest The Project consists of a senior IIC A loan of up to the Chilean peso equivalent of US$10M with a 9-year tenor and 1-year grace period. The total project costs are expected to be approx. US$15M and the structure includes a first-loss guarantee of up to US$6.05M from the Clean Technology Fund (CTF). The proposed loan will support Itelecom in developing and installing high efficiency LED technology for public street lighting in Chilean municipalities under an innovative third party, structured financing model. The municipalities expected to be included in the program will be Melipilla, Cartagena, San Javier, Villa Alemana, and Coyhaique. The innovative use of blended climate finance will enable the demonstration of a highly scalable and replicable financing model in the municipal street lighting sector in Chile and throughout the LAC region. The Project consists of a senior IIC A loan of up to the Chilean peso equivalent of US$10M with a 9-year tenor and 1-year grace period. The total project costs are expected to be approx. US$15M and the structure includes a first-loss guarantee of up to US$6.05M from the Clean Technology Fund (CTF). The proposed loan will support Itelecom in developing and installing high efficiency LED technology for public street lighting in Chilean municipalities under an innovative third party, structured financing model. The municipalities expected to be included in the program will be Melipilla, Cartagena, San Javier, Villa Alemana, and Coyhaique. The innovative use of blended climate finance will enable the demonstration of a highly scalable and replicable financing model in the municipal street lighting sector in Chile and throughout the LAC region. IDB Invest Inversiones y Asesorías en Telecomunicaciones e Informática S.A. IDB Invest Rojas Cuellar, Lina Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11598-04 IDB Invest The transaction consists of a loan for up to US$50 million, with a term of up to 8 years with 2 years’ grace period, to Procesadora Nacional de Alimentos, C.A. (“Pronaca” or the “Company”) and to La Estancia Investment Holding, S.L. (“La Estancia”) in order to partially finance: (i) the 2019-2020 investment plan for organic growth in Ecuador; (ii) refinance the existing IDB Invest loan; and (iii) La Estancia’s inorganic growth in the region through the acquisition of a shareholder stake in Panavícola I, S.A. (“Toledano”) in Panama (the “Project”). Pronaca’s investments in Ecuador will allow it to (i) increase chicken and swine production, given its increased installed capacity; (ii) increase productivity; (iii) retrofit its productive facilities via maintenance investments; and (iv) improve its internal policies and corporate efficiency. Pronaca’s internationalization efforts include inorganic growth aimed at increasing its presence in the region, diversifying the risk of business concentration in Ecuador, and transferring knowledge and best practices to other companies in the region. AMENDMENT: The PRONACA - Complementary Environmental and Social Information has been posted on August 18, 2021. The transaction consists of a loan for up to US$50 million, with a term of up to 8 years with 2 years’ grace period, to Procesadora Nacional de Alimentos, C.A. (“Pronaca” or the “Company”) and to La Estancia Investment Holding, S.L. (“La Estancia”) in order to partially finance: (i) the 2019-2020 investment plan for organic growth in Ecuador; (ii) refinance the existing IDB Invest loan; and (iii) La Estancia’s inorganic growth in the region through the acquisition of a shareholder stake in Panavícola I, S.A. (“Toledano”) in Panama (the “Project”). Pronaca’s investments in Ecuador will allow it to (i) increase chicken and swine production, given its increased installed capacity; (ii) increase productivity; (iii) retrofit its productive facilities via maintenance investments; and (iv) improve its internal policies and corporate efficiency. Pronaca’s internationalization efforts include inorganic growth aimed at increasing its presence in the region, diversifying the risk of business concentration in Ecuador, and transferring knowledge and best practices to other companies in the region. AMENDMENT: The PRONACA - Complementary Environmental and Social Information has been posted on August 18, 2021. IDB Invest Procesadora Nacional de Alimentos, C.A. (“PRONACA”) y La Estancia Investment Holding, S.L.(“La Estancia”) IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Agribusiness 15000000 15000000 15000000 PRONACA II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12511-01 IDB Invest The transaction consists of guaranteed, long-term core financing for Corporación Favorita, C.A. (“CF”, “the Company” or “the Client”). To date, CF is the largest self-services chain in Ecuador, the largest private company in terms of income, and the second largest employer in the country.[1] This Company is also in the process of becoming a MultiLatina, as it has invested in businesses in Chile, Colombia, Paraguay, Peru, and Costa Rica and holds a controlling interest in Panama’s Supermercados Rey since early 2019. IDB Invest's resources will allow the Company to execute its Capex 2018-2022 plan, allowing it to use its own resources to strengthen its business in Panama and continue its international expansion. Addendum: On may 27, 2022 this publication is reviewed to include an additional tranche to be mobilized with international banks to partially finance the expansion of CF's operations in Panama. [1] Source: Vistazo Magazine No. 1250 September 2019, “500 Mayores Empresas del Ecuador” Special. The transaction consists of guaranteed, long-term core financing for Corporación Favorita, C.A. (“CF”, “the Company” or “the Client”). To date, CF is the largest self-services chain in Ecuador, the largest private company in terms of income, and the second largest employer in the country.[1] This Company is also in the process of becoming a MultiLatina, as it has invested in businesses in Chile, Colombia, Paraguay, Peru, and Costa Rica and holds a controlling interest in Panama’s Supermercados Rey since early 2019. IDB Invest's resources will allow the Company to execute its Capex 2018-2022 plan, allowing it to use its own resources to strengthen its business in Panama and continue its international expansion. Addendum: On may 27, 2022 this publication is reviewed to include an additional tranche to be mobilized with international banks to partially finance the expansion of CF's operations in Panama. [1] Source: Vistazo Magazine No. 1250 September 2019, “500 Mayores Empresas del Ecuador” Special. IDB Invest Corporación Favorita, C.A. IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing 90000000 90000000 90000000 Corporación Favorita, C.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12789-01 IDB Invest The Project entails financing for: (i) the Company’s expansion, with the opening of up to 100 new stores under its 2019-2021 growth plan; and, if feasible (ii) the construction of a photovoltaic plant in its national distribution center. The project will allow the Company to increase the volume of transactions with suppliers, many of which are SMEs. The projected expansion will also allow Tía to expand its services within its target market (middle- and lower-class customers), who will benefit from improved access to quality products at competitive prices, as well as better service through online shopping and use of the application. Addendum: On October 19, 2021, this publication is revised to include a new line of US$ 5MM to be funded by the Clean Technology Fund (“CTF”) to finance the acquisition, installation, operation and maintenance of a portfolio of photovoltaic projects of self-generation in selected locations of Tiendas TÍA. The Project entails financing for: (i) the Company’s expansion, with the opening of up to 100 new stores under its 2019-2021 growth plan; and, if feasible (ii) the construction of a photovoltaic plant in its national distribution center. The project will allow the Company to increase the volume of transactions with suppliers, many of which are SMEs. The projected expansion will also allow Tía to expand its services within its target market (middle- and lower-class customers), who will benefit from improved access to quality products at competitive prices, as well as better service through online shopping and use of the application. Addendum: On October 19, 2021, this publication is revised to include a new line of US$ 5MM to be funded by the Clean Technology Fund (“CTF”) to finance the acquisition, installation, operation and maintenance of a portfolio of photovoltaic projects of self-generation in selected locations of Tiendas TÍA. IDB Invest Tiendas Industriales Asociadas TÍA S.A. IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing 40000000 40000000 40000000 Tiendas TÍA Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12597-01 IDB Invest The IDB Invest loan will be used to (i) finance production line expansions in Compañía Cervecera de Nicaragua SA (CCN), (ii) improve and expand CCN infrastructure, (iii) acquire machinery from Compañía Recicladora de Nicaragua SA (CRN), (iv) expand CRN infrastructure, (v) as working capital and to finance the future growth of CCN and CRN. The project comprises two secured loans for up to US$30 million, which are expected to consist of: (i) Loan I for CCN for a total of up to US$20 million; and (ii) Loan II for CRN for a total of up to US$ 10 million. CCN has a strong market position; its financial results are satisfactory and consistent with its market position. Its senior management is successful and experienced, and its partners have extensive experience in the sector and play an important role in the Guatemalan and Costa Rican markets. The transaction involves Inversiones Cerveceras Centroamericanas, SA (INCECA) as guarantor for both Loan I and II. CCN will additionally be a co-borrower in Loan II, given that CRN is still a small company and its operating cash flow and profitability are under development. CCN is currently 99.7% a subsidiary of INCECA and leads the beer market in Nicaragua. It also sells the Heineken, Miller, Bliss, Sol, Mytos, Rubia and other imported brands. The vast majority of its beer sales revenue derives from its two own brands: Toña and Victoria. In 2017, INCECA decided to participate—through subsidiary companies in a commercial partnership with local and regional entrepreneurs—as a shareholder in the company Recicladora Nacional (RN), creating the new corporation CRN, which is 50% an indirect subsidiary of INCECA, the guarantor of the loans. In 2009 and 2013, loans for US$7 million and US$5 million respectively were approved for CCN. In 2017, it was a Co-Borrower in the transaction with CDN, a distribution company that is part of the Group. On that occasion, the approved loan was for US$13 million, used to build a distribution center. The IDB Invest loan will be used to (i) finance production line expansions in Compañía Cervecera de Nicaragua SA (CCN), (ii) improve and expand CCN infrastructure, (iii) acquire machinery from Compañía Recicladora de Nicaragua SA (CRN), (iv) expand CRN infrastructure, (v) as working capital and to finance the future growth of CCN and CRN. The project comprises two secured loans for up to US$30 million, which are expected to consist of: (i) Loan I for CCN for a total of up to US$20 million; and (ii) Loan II for CRN for a total of up to US$ 10 million. CCN has a strong market position; its financial results are satisfactory and consistent with its market position. Its senior management is successful and experienced, and its partners have extensive experience in the sector and play an important role in the Guatemalan and Costa Rican markets. The transaction involves Inversiones Cerveceras Centroamericanas, SA (INCECA) as guarantor for both Loan I and II. CCN will additionally be a co-borrower in Loan II, given that CRN is still a small company and its operating cash flow and profitability are under development. CCN is currently 99.7% a subsidiary of INCECA and leads the beer market in Nicaragua. It also sells the Heineken, Miller, Bliss, Sol, Mytos, Rubia and other imported brands. The vast majority of its beer sales revenue derives from its two own brands: Toña and Victoria. In 2017, INCECA decided to participate—through subsidiary companies in a commercial partnership with local and regional entrepreneurs—as a shareholder in the company Recicladora Nacional (RN), creating the new corporation CRN, which is 50% an indirect subsidiary of INCECA, the guarantor of the loans. In 2009 and 2013, loans for US$7 million and US$5 million respectively were approved for CCN. In 2017, it was a Co-Borrower in the transaction with CDN, a distribution company that is part of the Group. On that occasion, the approved loan was for US$13 million, used to build a distribution center. IDB Invest Compañía Cervecera de Nicaragua SA (CCN) and Compañía Recicladora de Nicaragua SA (CRN) IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Manufacturing 30000000 30000000 30000000 CRN – CCN Reciclaje Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12851-01 IDB Invest The Project consists of an investment of up to US$10 million in the Valor Opportunity Fund I (“VOF I” or the “Fund”), which aims to provide growth equity for innovative and technology-enabled companies in Brazil. VOF I will generally invest in mature venture-backed companies (Series B+) in technology, internet and services sectors. VOF I will be managed by Valor Venture Management, LLC (“Valor”). Established in 2014, Valor is one of the most active Venture Capital (“VC”) firms investing in Brazil with 9 unicorns in its track record. VOF I has been designed to capture upside from Valor’s promising portfolio companies. The Fund will primarily invest in breakout portfolio companies, which require larger amounts of capital than the investments targeted by Valor’s early stage funds. VOF I may also invest in businesses that are not in the portfolios of those funds, including U.S. based global dominant technology companies seeking expansion in Brazil. The investment is an opportunity to increase IDB Group’s support to the LAC tech ecosystem, channel additional resources to the sector through co-financing opportunities, and develop industry capacity with an experienced investor in the sector. IDB Group’s coordinated investments in VOF I and VVF III, through IDB Invest and IDB Lab, respectively, are an opportunity to deliver a comprehensive solution across the life cycle of technology and innovation start-up companies in LAC. The Project consists of an investment of up to US$10 million in the Valor Opportunity Fund I (“VOF I” or the “Fund”), which aims to provide growth equity for innovative and technology-enabled companies in Brazil. VOF I will generally invest in mature venture-backed companies (Series B+) in technology, internet and services sectors. VOF I will be managed by Valor Venture Management, LLC (“Valor”). Established in 2014, Valor is one of the most active Venture Capital (“VC”) firms investing in Brazil with 9 unicorns in its track record. VOF I has been designed to capture upside from Valor’s promising portfolio companies. The Fund will primarily invest in breakout portfolio companies, which require larger amounts of capital than the investments targeted by Valor’s early stage funds. VOF I may also invest in businesses that are not in the portfolios of those funds, including U.S. based global dominant technology companies seeking expansion in Brazil. The investment is an opportunity to increase IDB Group’s support to the LAC tech ecosystem, channel additional resources to the sector through co-financing opportunities, and develop industry capacity with an experienced investor in the sector. IDB Group’s coordinated investments in VOF I and VVF III, through IDB Invest and IDB Lab, respectively, are an opportunity to deliver a comprehensive solution across the life cycle of technology and innovation start-up companies in LAC. IDB Invest Valor Venture Management, LLC IDB Invest Vargas Gomez, Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Investment Funds 10000000 10000000 10000000 Valor Opportunity Fund I, LP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12640-01 IDB Invest The Inter-American Investment Corporation (IDB Invest) is considering an investment of up to US$150 million (in BRL equivalent) through the subscription of quotas of an investment fund in Brazil (the “Fund”). IDB Invest’s participation will allow the fund to reach the necessary scale to effectively execute its investment strategy and reach its minimum size. The Fund will invest in debt instruments to support infrastructure and energy projects and promote capital market solutions. The fund manager of the Fund will be a local investment management company with extensive experience in the local market. The Fund will support the country’s effort to speed up the development of infrastructure and energy projects; mobilizing resources from institutional investors to long-term local currency financing for infrastructure projects and promoting the development of the local capital markets through the issuance of infrastructure debentures. The Inter-American Investment Corporation (IDB Invest) is considering an investment of up to US$150 million (in BRL equivalent) through the subscription of quotas of an investment fund in Brazil (the “Fund”). IDB Invest’s participation will allow the fund to reach the necessary scale to effectively execute its investment strategy and reach its minimum size. The Fund will invest in debt instruments to support infrastructure and energy projects and promote capital market solutions. The fund manager of the Fund will be a local investment management company with extensive experience in the local market. The Fund will support the country’s effort to speed up the development of infrastructure and energy projects; mobilizing resources from institutional investors to long-term local currency financing for infrastructure projects and promoting the development of the local capital markets through the issuance of infrastructure debentures. IDB Invest n/a IDB Invest Parodi Serpa, Alberto Enrique +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 75000000 75000000 75000000 Credit Project Fund Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12825-01 IDB Invest Selina (“Selina” or “the Company”) is leading operator of lifestyle, design-led accommodations, with a brand presence currently concentrated in Latin America and a growing presence in Europe and North America. The proposed financing consists of (i) an A-Loan of up to US$35 million and (ii) a B-Loan of up to US$25 million to support Selina’s growth plan in Latin America and the Caribbean. The financing will be used for working capital, general corporate purposes and potentially short-term asset purchases. Selina (“Selina” or “the Company”) is leading operator of lifestyle, design-led accommodations, with a brand presence currently concentrated in Latin America and a growing presence in Europe and North America. The proposed financing consists of (i) an A-Loan of up to US$35 million and (ii) a B-Loan of up to US$25 million to support Selina’s growth plan in Latin America and the Caribbean. The financing will be used for working capital, general corporate purposes and potentially short-term asset purchases. IDB Invest Selina IDB Invest Piffaretti, Pablo Eduardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Tourism 35000000 35000000 35000000 Selina Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12822-01 IDB Invest The project, in which Grupo Arzyz participates, consists of a long-term loan for up to US$66.5 million to finance the construction, equipment, and operation of a new aluminum recycling plant to be located in northeastern Mexico, in the municipality of Cienega de Flores. The project is intended to strengthen the company's raw material processing capacity from recycled aluminum, promoting circularity in the economy circularity as regards the country’s aluminum industry. Grupo Arzyz is a Mexican company established in 1980, whose main activity is the manufacture of aluminum alloys and marketing of non-ferrous metals for different industry sectors, such as automotive, energy, construction, and the steel industry. The company’s operations comprise from scrap collection activities to the sale and recovery of products. The project, in which Grupo Arzyz participates, consists of a long-term loan for up to US$66.5 million to finance the construction, equipment, and operation of a new aluminum recycling plant to be located in northeastern Mexico, in the municipality of Cienega de Flores. The project is intended to strengthen the company's raw material processing capacity from recycled aluminum, promoting circularity in the economy circularity as regards the country’s aluminum industry. Grupo Arzyz is a Mexican company established in 1980, whose main activity is the manufacture of aluminum alloys and marketing of non-ferrous metals for different industry sectors, such as automotive, energy, construction, and the steel industry. The company’s operations comprise from scrap collection activities to the sale and recovery of products. IDB Invest Varmoxz S.A. de C.V. (“Varmoxz”), Arzyz S.A. de C.V. (“Arzyz”), /Arzyz Industrias S.A. de C.V. (“Arzyz Industrias”) altogether (“Grupo Arzyz”) IDB Invest Aguirre Hernandez, Alma Iliana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 46500000 46500000 46500000 Varmoxz Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12766-01 IDB Invest Grupo Hi-Tec's main activity is the distribution of high-precision computerized numerical control machinery known as “CNC”. Since it was founded 27 years ago, Hi-Tec has positioned itself as the leading distributor of its market in Mexico and Spain, selling more than 13,000 machines throughout its history. The Grupo Hi-Tec Project consists of a US$20 million long-term financing program intended to grow the loan portfolio of the Group’s financial institution, Hifin Solution, SA de CV, which specializes in providing financial leasing solutions to micro, small and medium enterprises (MSMEs) in Mexico. It also seeks to finance investment in a new technological platform focused on optimizing the Group financing institution's loan and collection processes. This solution will allow Grupo Hi-Tec's MSME customer base to purchase CNC machinery so that their respective companies can grow while simultaneously accessing financing schemes that are currently limited for these types of companies, or are available on far less favorable terms than those they could obtain directly with Hi-Tec. This is in line with the innovative approach proposed by IDB Invest for MSMEs. Grupo Hi-Tec's main activity is the distribution of high-precision computerized numerical control machinery known as “CNC”. Since it was founded 27 years ago, Hi-Tec has positioned itself as the leading distributor of its market in Mexico and Spain, selling more than 13,000 machines throughout its history. The Grupo Hi-Tec Project consists of a US$20 million long-term financing program intended to grow the loan portfolio of the Group’s financial institution, Hifin Solution, SA de CV, which specializes in providing financial leasing solutions to micro, small and medium enterprises (MSMEs) in Mexico. It also seeks to finance investment in a new technological platform focused on optimizing the Group financing institution's loan and collection processes. This solution will allow Grupo Hi-Tec's MSME customer base to purchase CNC machinery so that their respective companies can grow while simultaneously accessing financing schemes that are currently limited for these types of companies, or are available on far less favorable terms than those they could obtain directly with Hi-Tec. This is in line with the innovative approach proposed by IDB Invest for MSMEs. IDB Invest Haas Machine Tools, SA de CV; HI-TEC CNC México SA de CV; Nexttec Machinery SA de CV; A&G Plastic Machinery SA de CV, and Hifin Solution SA de CV. IDB Invest Aguirre Hernandez, Alma Iliana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 20000000 20000000 20000000 Hi-Tec Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13120-01 IDB Invest Due to the impact of the COVID-19 pandemic, Caribe Hospitality S.A. (hereinafter "CHSA" or "the Company") requires a loan from IDB Invest to finance its portfolio companies’ working capital requirements (hereinafter the "Project" or the "Facilities"). The proposed loan will be for a maximum of USD 5.0 million and will be structured as a senior secured loan with a five-year term. CHSA is an experienced property developer with a solid track record in the region. Since 2000, it has developed thirteen Marriott-branded and Marriott-operated properties in Costa Rica, Dominican Republic, Barbados, Trinidad and Tobago, El Salvador, Mexico, Jamaica, and Puerto Rico. The Company has already received three loans from IDB Invest. The loans for Courtyard Alajuela and Courtyard Kingston have already been repaid and the loan for Fairfield Alajuela is being disbursed. Due to the impact of the COVID-19 pandemic, Caribe Hospitality S.A. (hereinafter "CHSA" or "the Company") requires a loan from IDB Invest to finance its portfolio companies’ working capital requirements (hereinafter the "Project" or the "Facilities"). The proposed loan will be for a maximum of USD 5.0 million and will be structured as a senior secured loan with a five-year term. CHSA is an experienced property developer with a solid track record in the region. Since 2000, it has developed thirteen Marriott-branded and Marriott-operated properties in Costa Rica, Dominican Republic, Barbados, Trinidad and Tobago, El Salvador, Mexico, Jamaica, and Puerto Rico. The Company has already received three loans from IDB Invest. The loans for Courtyard Alajuela and Courtyard Kingston have already been repaid and the loan for Fairfield Alajuela is being disbursed. IDB Invest Caribe Hospitality S.A. (“CHSA”) IDB Invest Wright, Stefan C.M. +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Tourism 5000000 5000000 5000000 Caribe Hospitality WC Facility Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12124-02 IDB Invest This summary includes a Project for the Mexican conglomerate Xignux. The Project is an Uncommitted Revolving Line of Credit for Mex$400 million, or its equivalent in US$ (“Xignux Facility”) to purchase accounts payables issued by Xignux or one of its eligible subsidiaries. The Facility will have an initial tenor of 12 months, renewable on a yearly basis at IDB Invest’s discretion for up to 6 additional years. The Facility will provide Xignux´s suppliers with an innovative alternate solution to finance its working capital needs, using E-Factor Network platform to sell to IDB Invest Xignux’s accounts payables. This solution will enable the supplier base (including small and medium size companies, “SME’s”) to obtain more favorable financing conditions than those they can obtain in the local market on their own. SME’s Supply Chain Financing through corporates like Xignux is one of the ways IDB Invest will focus in this segment. This kind of solutions are aligned with IDB Invest’s innovative approach with SME’s. This summary includes a Project for the Mexican conglomerate Xignux. The Project is an Uncommitted Revolving Line of Credit for Mex$400 million, or its equivalent in US$ (“Xignux Facility”) to purchase accounts payables issued by Xignux or one of its eligible subsidiaries. The Facility will have an initial tenor of 12 months, renewable on a yearly basis at IDB Invest’s discretion for up to 6 additional years. The Facility will provide Xignux´s suppliers with an innovative alternate solution to finance its working capital needs, using E-Factor Network platform to sell to IDB Invest Xignux’s accounts payables. This solution will enable the supplier base (including small and medium size companies, “SME’s”) to obtain more favorable financing conditions than those they can obtain in the local market on their own. SME’s Supply Chain Financing through corporates like Xignux is one of the ways IDB Invest will focus in this segment. This kind of solutions are aligned with IDB Invest’s innovative approach with SME’s. IDB Invest Xignux S. A. de C. V. IDB Invest Baltazar Vazquez, Lucia Adriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 21259300 21259300 21259300 XIGNUX Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13110-01 IDB Invest The proposed transaction is a payment facility to purchase accounts receivable for up to USD 120 million ("The Facility" or "The Transaction") that will be used to discount electricity bills issued by four (4) electricity distribution companies in El Salvador: i) Compañía de Alumbrado Eléctrico de San Salvador, SA de CV (CAESS); ii) Empresa Eléctrica de Oriente, S.A. de C.V. (EEO); (iii) AES CLESA S. en C. de C.V. (CLESA); and iv) Distribuidora Eléctrica de Usulután (DEUSEM) (hereinafter "AES El Salvador" or "the Companies"). The Companies are controlled, and majority owned by The AES Corporation. The invoices arise from Executive Decree No. 12 of the Executive Body for the Health Sector of March 21, 2020, for the deferral of payment of electricity consumers' invoices, in order to address the Companies' liquidity and working capital needs. The credit line will be available for up to three months and the deferred invoice payments shall be repaid in 24 monthly installments. The proposed transaction is a payment facility to purchase accounts receivable for up to USD 120 million ("The Facility" or "The Transaction") that will be used to discount electricity bills issued by four (4) electricity distribution companies in El Salvador: i) Compañía de Alumbrado Eléctrico de San Salvador, SA de CV (CAESS); ii) Empresa Eléctrica de Oriente, S.A. de C.V. (EEO); (iii) AES CLESA S. en C. de C.V. (CLESA); and iv) Distribuidora Eléctrica de Usulután (DEUSEM) (hereinafter "AES El Salvador" or "the Companies"). The Companies are controlled, and majority owned by The AES Corporation. The invoices arise from Executive Decree No. 12 of the Executive Body for the Health Sector of March 21, 2020, for the deferral of payment of electricity consumers' invoices, in order to address the Companies' liquidity and working capital needs. The credit line will be available for up to three months and the deferred invoice payments shall be repaid in 24 monthly installments. IDB Invest Compañía de Alumbrado Eléctrico de San Salvador, S.A. de C.V. (CAESS), Empresa Eléctrica de Oriente, S.A. de C.V. (EEO), AES CLESA S. en C. de C.V. (CLESA) y Distribuidora Eléctrica de Usulutan (DEUSEM) IDB Invest Yan, Shanyue +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Energy 60000000 60000000 60000000 Facilidad para la Compra de Cuentas de Electricidad por Cobrar de AES El Salvador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12756-01 IDB Invest Tecnomyl produces and markets agricultural inputs, with a strong focus on soybean cultivation. The proposed financing consists of a four-year committed revolving credit facility, under which IDB Invest will extend financing to Tecnomyl in terms of up to 360 days for the purchase of agricultural inputs from suppliers. The Project is intended to replace credit facilities with suppliers, increasing fund stability and minimizing the risk of mismatched terms between suppliers and clients. Tecnomyl produces and markets agricultural inputs, with a strong focus on soybean cultivation. The proposed financing consists of a four-year committed revolving credit facility, under which IDB Invest will extend financing to Tecnomyl in terms of up to 360 days for the purchase of agricultural inputs from suppliers. The Project is intended to replace credit facilities with suppliers, increasing fund stability and minimizing the risk of mismatched terms between suppliers and clients. IDB Invest Tenomyl S.A. IDB Invest Beretta Tassano, Patricio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Agribusiness 15000000 15000000 15000000 Tecnomyl Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12893-01 IDB Invest The La Pimienta A/B Bond Solar Project consists of the design, construction, commissioning, operation and maintenance of approximately 444 megawatt-peak (“MWp”) solar power plant in the state of Campeche, Mexico; and all associated transmission and interconnection facilities, which include a transmission line (TL) of up to 2.17 km. from the lift substation, to the interconnection substation with the Transmission System network (“the Project”). The Project is being developed by Atlas Renewable Energy, one of the largest renewable energy developers in Latin America with concrete experience in developing solar PV projects in Mexico. The project has a long-term power purchase agreement that will contribute to achieving the objectives of the Government of Mexico 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 IDB Invest financing will consist of an A-loan for an amount up to US$50 million to be funded by the IDB Invest or IDB. The A-loan will be complemented by a B-loan, which will be funded through the sale of participations to a special purpose vehicle with funds from the sale of bonds to international institutional investors. It is expected that IDB Invest financing will be complemented with a long-term loan up to USD 30 million with the same terms and conditions of the IDB Invest A-loan as well as other credit lines to be provided by Bancomext. The La Pimienta A/B Bond Solar Project consists of the design, construction, commissioning, operation and maintenance of approximately 444 megawatt-peak (“MWp”) solar power plant in the state of Campeche, Mexico; and all associated transmission and interconnection facilities, which include a transmission line (TL) of up to 2.17 km. from the lift substation, to the interconnection substation with the Transmission System network (“the Project”). The Project is being developed by Atlas Renewable Energy, one of the largest renewable energy developers in Latin America with concrete experience in developing solar PV projects in Mexico. The project has a long-term power purchase agreement that will contribute to achieving the objectives of the Government of Mexico 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 IDB Invest financing will consist of an A-loan for an amount up to US$50 million to be funded by the IDB Invest or IDB. The A-loan will be complemented by a B-loan, which will be funded through the sale of participations to a special purpose vehicle with funds from the sale of bonds to international institutional investors. It is expected that IDB Invest financing will be complemented with a long-term loan up to USD 30 million with the same terms and conditions of the IDB Invest A-loan as well as other credit lines to be provided by Bancomext. IDB Invest La Pimienta Solar S. de R.L. de C.V. IDB Invest Fernandez Alvarez de Lugo, Monica +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Energy 70000000 70000000 70000000 La Pimienta A/B Bond Solar Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12092-02 IDB Invest The New Juazeiro Bifacial Solar Power Project consists of the design, construction, operation and maintenance of a 187 megawatt peak (“MWp”) bifacial photovoltaic power plant and other interconnection facilities to be located in the state of Bahia, Brazil (the “Project”). The Project will sell power through bilateral power purchase agreements with large industrial energy intensive users and to the spot market. The Project’s total cost is estimated at US$140.7 million, of which IDB Invest will finance up to US$90 million through a combination of senior and subordinated loans, denominated in United States Dollars and Brazilian Reais, and IDB Invest’s administered funds. Through this operation IDB Invest seeks to contribute to the Government of Brazil’s goal to diversify the country’s electricity generation mix by adding renewable solar power in order to reduce the impact of droughts in an energy system heavily dependent on hydro generation. The New Juazeiro Bifacial Solar Power Project consists of the design, construction, operation and maintenance of a 187 megawatt peak (“MWp”) bifacial photovoltaic power plant and other interconnection facilities to be located in the state of Bahia, Brazil (the “Project”). The Project will sell power through bilateral power purchase agreements with large industrial energy intensive users and to the spot market. The Project’s total cost is estimated at US$140.7 million, of which IDB Invest will finance up to US$90 million through a combination of senior and subordinated loans, denominated in United States Dollars and Brazilian Reais, and IDB Invest’s administered funds. Through this operation IDB Invest seeks to contribute to the Government of Brazil’s goal to diversify the country’s electricity generation mix by adding renewable solar power in order to reduce the impact of droughts in an energy system heavily dependent on hydro generation. IDB Invest Atlas Juazeiro Comercializadora de Energia Ltda. IDB Invest Cabral Da Silva Porto, Adriane +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Energy 53933000 53933000 53933000 New Juazeiro Bifacial PV Power Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12114-02 IDB Invest The project consists of a subscription to a social gender issue equivalent in Colombian pesos of up to US$100 million, to be issued by a Colombian entity through an offer on Colombia’s second market. The issue will have a term of up to seven years, with a balloon payment of the principle upon maturity. The proceeds from the issue will be used to grow the entity’s portfolio of loans aimed at projects promoting gender equality in the country, in line with UNDP Sustainable Development Goal 5 on gender equality. A methodological framework will be established setting eligibility criteria and impact indicators to enable the proper selection and monitoring of projects to receive financing. IDB Invest will provide technical assistance to obtain a second opinion confirming the suitability of the methodological framework used. IDB Invest will also help the client build a gender-based commercial strategy. With the subscription to and structuring of Gender Social Bonds, IDB Invest seeks to help close the gaps that women face in the labor market and in securing leadership positions, as well as help provide them greater and better access to the financial system. Additionally, it aims to give the issuers incentives to become national leaders on gender issues and support the implementation of business strategies with a gender component that promote the social and economic empowerment of women. The project consists of a subscription to a social gender issue equivalent in Colombian pesos of up to US$100 million, to be issued by a Colombian entity through an offer on Colombia’s second market. The issue will have a term of up to seven years, with a balloon payment of the principle upon maturity. The proceeds from the issue will be used to grow the entity’s portfolio of loans aimed at projects promoting gender equality in the country, in line with UNDP Sustainable Development Goal 5 on gender equality. A methodological framework will be established setting eligibility criteria and impact indicators to enable the proper selection and monitoring of projects to receive financing. IDB Invest will provide technical assistance to obtain a second opinion confirming the suitability of the methodological framework used. IDB Invest will also help the client build a gender-based commercial strategy. With the subscription to and structuring of Gender Social Bonds, IDB Invest seeks to help close the gaps that women face in the labor market and in securing leadership positions, as well as help provide them greater and better access to the financial system. Additionally, it aims to give the issuers incentives to become national leaders on gender issues and support the implementation of business strategies with a gender component that promote the social and economic empowerment of women. IDB Invest N/A IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Unspecified Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13111-01 IDB Invest The transaction consists of a senior loan with a term of 30 months (the "Transaction”) to Empresa de Distribución Eléctrica Metro-Oeste, S.A. (“EDEMET”) and Empresa de Distribución Eléctrica Chiriquí S.A. (“EDECHI”). EDEMET and EDECHI (“Naturgy Panama” or “the Companies”) have more than 600,000 residential clients and account for 62.67% of total electricity sales in Panama. The loan will be allocated US$80 million to EDEMET and US$40 million to EDECHI, for a total of US$120 million. The purpose of the Transaction is to provide working capital to the Companies to compensate for the lack of liquidity resulting from the deferral of electricity bills during the four-month moratorium approved by the Government of Panama (Law 152 of May 4, 2020) intended to help end-users affected by the economic crisis caused by the global coronavirus (Covid-19) pandemic. The beneficiaries of this Transaction will be the Companies’ end users. The transaction consists of a senior loan with a term of 30 months (the "Transaction”) to Empresa de Distribución Eléctrica Metro-Oeste, S.A. (“EDEMET”) and Empresa de Distribución Eléctrica Chiriquí S.A. (“EDECHI”). EDEMET and EDECHI (“Naturgy Panama” or “the Companies”) have more than 600,000 residential clients and account for 62.67% of total electricity sales in Panama. The loan will be allocated US$80 million to EDEMET and US$40 million to EDECHI, for a total of US$120 million. The purpose of the Transaction is to provide working capital to the Companies to compensate for the lack of liquidity resulting from the deferral of electricity bills during the four-month moratorium approved by the Government of Panama (Law 152 of May 4, 2020) intended to help end-users affected by the economic crisis caused by the global coronavirus (Covid-19) pandemic. The beneficiaries of this Transaction will be the Companies’ end users. IDB Invest Empresa de Distribución Eléctrica Metro-Oeste, S.A. (EDEMET); y Empresa de Distribución Eléctrica Chiriquí S.A. (EDECHI) IDB Invest Garcia de Paredes, Margarita Raquel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Energy 60000000 60000000 60000000 Naturgy Panama: Covid-19 Working Capital Loan Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12718-04 IDB Invest Subject to the corresponding corporate approvals by both parties, this transaction (the “Operation” or the “Transaction”) consists of an uncommitted medium-term program provided by IDB Invest that will be used to discount receivables arising from the provision of services by Enel Distribución Chile S.A. (“Enel DX”, the “Company” or the “Client”). The Operation includes accounts receivable whose payment will be deferred due to the exceptional measures taken by the Company to mitigate the impact of COVID-19 on its supply customers. Subject to the corresponding corporate approvals by both parties, this transaction (the “Operation” or the “Transaction”) consists of an uncommitted medium-term program provided by IDB Invest that will be used to discount receivables arising from the provision of services by Enel Distribución Chile S.A. (“Enel DX”, the “Company” or the “Client”). The Operation includes accounts receivable whose payment will be deferred due to the exceptional measures taken by the Company to mitigate the impact of COVID-19 on its supply customers. IDB Invest Enel Distribución Chile S.A. IDB Invest Rivadeneira Arbildua, María Paz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Energy 100000000 100000000 100000000 Liquidity Program for Enel Distribución Chile Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12824-02 IDB Invest The proposed financing consists of an unsecured senior loan denominated in U.S. dollars (“US$”) to Banco de América Central, S.A. (“BAC El Salvador” or “the Bank") of up to US$60 million, comprising: (i) an “A” loan from IDB Invest of up to US$40 million with a term of five years; and (ii) a loan from the China Co-financing Fund for Latin America and the Caribbean (“China Fund”) of up to US$20 million (the “Financing”) with the same term. The transaction will support the growth of BAC El Salvador’s “Mujer Acelera” program by providing financing to women led/owned small and medium-sized enterprises (“SMEs”). The project is additionally expected to include advisory services to strengthen the Mujer Acelera program, as well as to support this segment in adopting new operating procedures in the context of the COVID-19 crisis through training sessions, virtual advice, and financial support (provided BAC ES has analyzed these options). The proposed financing consists of an unsecured senior loan denominated in U.S. dollars (“US$”) to Banco de América Central, S.A. (“BAC El Salvador” or “the Bank") of up to US$60 million, comprising: (i) an “A” loan from IDB Invest of up to US$40 million with a term of five years; and (ii) a loan from the China Co-financing Fund for Latin America and the Caribbean (“China Fund”) of up to US$20 million (the “Financing”) with the same term. The transaction will support the growth of BAC El Salvador’s “Mujer Acelera” program by providing financing to women led/owned small and medium-sized enterprises (“SMEs”). The project is additionally expected to include advisory services to strengthen the Mujer Acelera program, as well as to support this segment in adopting new operating procedures in the context of the COVID-19 crisis through training sessions, virtual advice, and financial support (provided BAC ES has analyzed these options). IDB Invest Banco de América Central, S.A. El Salvador IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions 60000000 60000000 60000000 BAC Salvador – Support for the “Mujer Acelera” Program Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12886-01 IDB Invest The transaction consists of a revolving, uncommitted discount facility of up to US$50 million for IDB Invest's purchase from E-Factor (which acts as a financial intermediary) of accounts payable (credit rights) denominated in dollars (US$) or Mexican pesos (MXN) that fullfill certain eligibility criteria and that are confirmed by subsidiaries of Sigma Alimetos S.A. de C.V. ("Sigma" or "the Company") in the Dominican Republic, Costa Rica, Ecuador, Peru, Guatemala, Nicaragua, Honduras, El Salvador, and Mexico. The credit rights will be evidenced by invoices arising from the sale of goods or the provision of services by Sigma suppliers. This transaction seeks to support Sigma’s supplier base in countries in Latin America and the Caribbean that lack supplier finance programs for the purchase of accounts payable to suppliers, including Small and Medium Enterprises (SMEs). The instrument will allow to incorporate suppliers into Sigma's value chain, giving them access to efficient commercial financing under competitive conditions (costs, terms, etc.) in countries such as, first, the Dominican Republic, Costa Rica, Ecuador and Peru, and then Guatemala, Nicaragua, Honduras and El Salvador, as these are countries where companies often struggle to finance their working capital. This transaction is in line with Sigma’s responsible supply strategy, which focuses on fostering the growth of its suppliers and mitigating its businesses’ risk factors, including supplier development programs that incorporate training and advisory. Amendment on July 25, 2022 The transaction is including Sigma's supply chain, suppliers from the following countries: Argentina, Brazil, Chile, Colombia, Panamá and Uruguay. The transaction consists of a revolving, uncommitted discount facility of up to US$50 million for IDB Invest's purchase from E-Factor (which acts as a financial intermediary) of accounts payable (credit rights) denominated in dollars (US$) or Mexican pesos (MXN) that fullfill certain eligibility criteria and that are confirmed by subsidiaries of Sigma Alimetos S.A. de C.V. ("Sigma" or "the Company") in the Dominican Republic, Costa Rica, Ecuador, Peru, Guatemala, Nicaragua, Honduras, El Salvador, and Mexico. The credit rights will be evidenced by invoices arising from the sale of goods or the provision of services by Sigma suppliers. This transaction seeks to support Sigma’s supplier base in countries in Latin America and the Caribbean that lack supplier finance programs for the purchase of accounts payable to suppliers, including Small and Medium Enterprises (SMEs). The instrument will allow to incorporate suppliers into Sigma's value chain, giving them access to efficient commercial financing under competitive conditions (costs, terms, etc.) in countries such as, first, the Dominican Republic, Costa Rica, Ecuador and Peru, and then Guatemala, Nicaragua, Honduras and El Salvador, as these are countries where companies often struggle to finance their working capital. This transaction is in line with Sigma’s responsible supply strategy, which focuses on fostering the growth of its suppliers and mitigating its businesses’ risk factors, including supplier development programs that incorporate training and advisory. Amendment on July 25, 2022 The transaction is including Sigma's supply chain, suppliers from the following countries: Argentina, Brazil, Chile, Colombia, Panamá and Uruguay. IDB Invest Sigma Alimentos, S.A. de C.V. IDB Invest Baltazar Vazquez, Lucia Adriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Agribusiness 50000000 50000000 50000000 Sigma Alimentos Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12853-02 IDB Invest The proposed transaction consists of a senior unsecured loan to Banco de América Central, S.A. (“BAC GT” or the “Bank”) denominated in US dollars (“US$”) for up to US$100 million (the “project”). Project financing will be structured as follows: (i) US$75 million from IDB Invest; (ii) US$25 million mobilized through potential cofinancing, financed by IDB Invest in its capacity as administrator of the Chinese Cofinancing Fund for Latin America and the Caribbean (the “Fund”). The objective of the project is to support BAC GT in its efforts to increase financing to small and medium-sized enterprises (“SMEs”) and contribute to the development of value chains by providing financing to anchor companies (mid-market) within Guatemala. At the same time, IDB Invest will provide advisory services focused on the aforementioned supply chains with a focus on enhancing the SMEs’ value added. As part of its institutional response and in order to mitigate the economic crisis caused by the COVID-19 pandemic, IDB Invest is prioritizing the SME sector in the region by taking appropriate steps to address the difficulties they face accessing financing through financial institutions. The proposed transaction consists of a senior unsecured loan to Banco de América Central, S.A. (“BAC GT” or the “Bank”) denominated in US dollars (“US$”) for up to US$100 million (the “project”). Project financing will be structured as follows: (i) US$75 million from IDB Invest; (ii) US$25 million mobilized through potential cofinancing, financed by IDB Invest in its capacity as administrator of the Chinese Cofinancing Fund for Latin America and the Caribbean (the “Fund”). The objective of the project is to support BAC GT in its efforts to increase financing to small and medium-sized enterprises (“SMEs”) and contribute to the development of value chains by providing financing to anchor companies (mid-market) within Guatemala. At the same time, IDB Invest will provide advisory services focused on the aforementioned supply chains with a focus on enhancing the SMEs’ value added. As part of its institutional response and in order to mitigate the economic crisis caused by the COVID-19 pandemic, IDB Invest is prioritizing the SME sector in the region by taking appropriate steps to address the difficulties they face accessing financing through financial institutions. IDB Invest Banco de América Central, S.A. (“BAC GT”) IDB Invest Castro Fonseca, Cristie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Financial Institutions 100000000 100000000 100000000 BAC Guatemala SME Financing Agreement Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13095-01 IDB Invest IDB Invest is considering an investment of up to US$15 million in CargoX (the “Company”). The latter is perhaps the largest trucking marketplace and online freight broker in Brazil. CargoX's platform enables truck owner-operators to make use of excess capacity and avoid empty return trips, thus improving freight visibility, reducing shipping costs, reducing emissions, and boosting income for truck drivers. As the Company grows, it expects to positively impact thousands of truck drivers and small and medium enterprises (“SMEs”) across Brazil and potentially to Latin America. IDB Invest funds will be used for technology building, marketing & sales initiatives and general working capital needs. During covid-19 emergency crisis, online platforms such as CargoX have become a key tool for resilience for the transport sector and supply chains in Brazil. IDB Invest is considering an investment of up to US$15 million in CargoX (the “Company”). The latter is perhaps the largest trucking marketplace and online freight broker in Brazil. CargoX's platform enables truck owner-operators to make use of excess capacity and avoid empty return trips, thus improving freight visibility, reducing shipping costs, reducing emissions, and boosting income for truck drivers. As the Company grows, it expects to positively impact thousands of truck drivers and small and medium enterprises (“SMEs”) across Brazil and potentially to Latin America. IDB Invest funds will be used for technology building, marketing & sales initiatives and general working capital needs. During covid-19 emergency crisis, online platforms such as CargoX have become a key tool for resilience for the transport sector and supply chains in Brazil. IDB Invest International Logistics Holding, LLC IDB Invest Da Cruz Carneiro, Bruno +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Transport 13200000 13200000 13200000 CargoX Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13033-01 IDB Invest Corpovael S.A.B. de C.V. (“CADU”, or the “Company”) is a real estate company that designs, builds, promotes and sells housing projects in the affordable entry-level, middle-income and residential segments in Mexico. CADU intends to issue multiple green bonds in the Mexican Stock Exchange or in the Mexican Institutional Stock Exchange and use the proceeds to finance and/or refinance, in whole or in part, existing and/or future green housing projects that incorporate energy and water efficiency measures under the ECOCASA program, including the construction of a new development housing project for low and middle income families in Tulum. This transaction is an opportunity to support CADU with a program of up to MXN$500 million to issue partial credit guarantees (“PCG”) to cover up to 50% of such green bonds with a tenor of up to seven years. Additionally, IDB Invest will seek to provide a five-year revolving credit facility of up to MXN$300 million including a committed tranche of up to MXN$200 million and an uncommitted tranche of up to MXN$100 million, with drawdowns of up to 12 months (the “RCF”) in order to finance working capital requirements in connection to the development of affordable housing for low and middle income families. Both the PCG Program and the RCF (the “Project”) aim at: (i) promoting the construction of green buildings with impact in energy and water efficiency; (ii) increase employment in the engineering and construction sectors; (iii) support the construction of affordable green housing and the implementation of new technologies; (iv) allow access to low and middle-income families to decent homes; and (v) increase the availability of securities, especially thematic bonds, in the Mexican debt markets. Corpovael S.A.B. de C.V. (“CADU”, or the “Company”) is a real estate company that designs, builds, promotes and sells housing projects in the affordable entry-level, middle-income and residential segments in Mexico. CADU intends to issue multiple green bonds in the Mexican Stock Exchange or in the Mexican Institutional Stock Exchange and use the proceeds to finance and/or refinance, in whole or in part, existing and/or future green housing projects that incorporate energy and water efficiency measures under the ECOCASA program, including the construction of a new development housing project for low and middle income families in Tulum. This transaction is an opportunity to support CADU with a program of up to MXN$500 million to issue partial credit guarantees (“PCG”) to cover up to 50% of such green bonds with a tenor of up to seven years. Additionally, IDB Invest will seek to provide a five-year revolving credit facility of up to MXN$300 million including a committed tranche of up to MXN$200 million and an uncommitted tranche of up to MXN$100 million, with drawdowns of up to 12 months (the “RCF”) in order to finance working capital requirements in connection to the development of affordable housing for low and middle income families. Both the PCG Program and the RCF (the “Project”) aim at: (i) promoting the construction of green buildings with impact in energy and water efficiency; (ii) increase employment in the engineering and construction sectors; (iii) support the construction of affordable green housing and the implementation of new technologies; (iv) allow access to low and middle-income families to decent homes; and (v) increase the availability of securities, especially thematic bonds, in the Mexican debt markets. IDB Invest Corpovael S.A.B. de C.V. IDB Invest Aguirre Hernandez, Alma Iliana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 14500900 14500900 14500900 CADU 2020 Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12468-01 IDB Invest The project involves a Senior Loan for US$40 million with a ten-year term intended to finance part of the plan to purchase new land for Los Portales to be used in urban development and social housing projects in eight Peruvian cities. It is estimated that 19 projects will be developed in eight cities in Peru, which will benefit from access to first-time buyer housing for about 12,000 families in the socioeconomic sectors B-, C, and D. The project involves a Senior Loan for US$40 million with a ten-year term intended to finance part of the plan to purchase new land for Los Portales to be used in urban development and social housing projects in eight Peruvian cities. It is estimated that 19 projects will be developed in eight cities in Peru, which will benefit from access to first-time buyer housing for about 12,000 families in the socioeconomic sectors B-, C, and D. IDB Invest Los Portales, S.A. IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Manufacturing 40000000 40000000 40000000 Los Portales Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3944A-01, 13142-01 IDB Invest The purpose of this IIC operation is to finance the construction and operation of a state-of-the-art university hospital in Serena del Mar, Cartagena, to be operated by the Fundación Santa Fe de Bogotá. In its first stage, the hospital will have 151 beds and 50,000 m2 of floor area, and will be built on land covering seven hectares. The project’s cost is estimated at US$113 million. With this operation, the IIC is providing the healthcare sector with access to long-term financing (up to 15 years) through a quasi-equity structure. Centro Hospitalario Serena del Mar is expected to offer state-of-the-art procedures and be one of the most technologically advanced hospitals in Colombia. It will increase the availability of healthcare services in Colombia’s Caribbean region. The purpose of this IIC operation is to finance the construction and operation of a state-of-the-art university hospital in Serena del Mar, Cartagena, to be operated by the Fundación Santa Fe de Bogotá. In its first stage, the hospital will have 151 beds and 50,000 m2 of floor area, and will be built on land covering seven hectares. The project’s cost is estimated at US$113 million. With this operation, the IIC is providing the healthcare sector with access to long-term financing (up to 15 years) through a quasi-equity structure. Centro Hospitalario Serena del Mar is expected to offer state-of-the-art procedures and be one of the most technologically advanced hospitals in Colombia. It will increase the availability of healthcare services in Colombia’s Caribbean region. IDB Invest Centro Hospitalario Serena del Mar (CHSDM) IDB Invest Perez, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Social Infrastructure 5000000 5000000 5000000 Centro Hospitalario Serena del Mar S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13023-01 IDB Invest The Proposed transaction is long-term secured financing of up to US$110 million to support Phoenix Tower International’s (“PTI”) shared infrastructure business model in Ecuador, kickstarted by the acquisition of an existing tower portfolio from Otecel S.A. (“Movistar Ecuador”), together with additional growth capital expenditure and working capital needs (the “IDB Group Financing”). The IDB Group Financing consist of IDB Group A-loans of up to US$80 million and a potential co-loan of US$30 million mobilized by IDB Invest. PTI is one of the largest independent wireless infrastructure operators and has been growing rapidly in Americas and the Caribbean since its start of operation in 2014. The Company’s innovative digital infrastructure sharing model will allow different mobile network operators to increase mobile broadband capacity and coverage more efficiently in Ecuador, which is especially critical in the context of COVID-19 pandemic in which social distancing requires reliable broadband connectivity. The Proposed transaction is long-term secured financing of up to US$110 million to support Phoenix Tower International’s (“PTI”) shared infrastructure business model in Ecuador, kickstarted by the acquisition of an existing tower portfolio from Otecel S.A. (“Movistar Ecuador”), together with additional growth capital expenditure and working capital needs (the “IDB Group Financing”). The IDB Group Financing consist of IDB Group A-loans of up to US$80 million and a potential co-loan of US$30 million mobilized by IDB Invest. PTI is one of the largest independent wireless infrastructure operators and has been growing rapidly in Americas and the Caribbean since its start of operation in 2014. The Company’s innovative digital infrastructure sharing model will allow different mobile network operators to increase mobile broadband capacity and coverage more efficiently in Ecuador, which is especially critical in the context of COVID-19 pandemic in which social distancing requires reliable broadband connectivity. IDB Invest PTIE – Phoenix Tower International Ecuador S.A. IDB Invest Vega Aldana, Mario Andres +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Digital Economy 24000000 24000000 24000000 PTI Ecuador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13113-01 IDB Invest IDB Invest is considering an up to US$30 million (equivalent in Brazilian Reais) loan for Creditas, a leading digital lending platform focused on secured loans in Brazil. Creditas is able to offer loans at affordable rates by using (i) technology and data analytics to increase efficiency in both distribution and operational efforts, (ii) collateralization of loans with real estate, automobiles, and payroll, (iii) multiple sources of funding that reduce financial cost and dependency on individual investors. Creditas transfers this increased efficiency to the borrower as a product with lower interest rate, longer maturity, and larger ticket sizes. The proposed use of proceeds of the loan is to fund loans to MSMEs and vulnerable population affected by the COVID-19 crisis in Brazil. Despite Covid-19, Creditas has proved digital origination of complex secured loans is part of the solution and essential to ensure liquidity to people and companies in need. IDB Invest is considering an up to US$30 million (equivalent in Brazilian Reais) loan for Creditas, a leading digital lending platform focused on secured loans in Brazil. Creditas is able to offer loans at affordable rates by using (i) technology and data analytics to increase efficiency in both distribution and operational efforts, (ii) collateralization of loans with real estate, automobiles, and payroll, (iii) multiple sources of funding that reduce financial cost and dependency on individual investors. Creditas transfers this increased efficiency to the borrower as a product with lower interest rate, longer maturity, and larger ticket sizes. The proposed use of proceeds of the loan is to fund loans to MSMEs and vulnerable population affected by the COVID-19 crisis in Brazil. Despite Covid-19, Creditas has proved digital origination of complex secured loans is part of the solution and essential to ensure liquidity to people and companies in need. IDB Invest Creditas Soluções Financeiras Ltda. IDB Invest Domenech Pina, Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Digital Economy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12162-01 IDB Invest IDB Invest ("BIDI") proposes an investment of up to US$20 million or 20% of the commitments (whichever is less) in Fondo de Inversión HMC Deuda Privada Andina (the "Fund" or "Andean Private Debt"). IDB Invest’s participation will allow the fund to reach the necessary scale to effectively execute its investment strategy and reach its minimum size. This Fund will provide debt instruments to medium-sized companies in Peru, Colombia, and selectively in Chile. The main target of the Fund will be companies that require customized financial solutions to support growth opportunities and improve their productivity. The fund manager is HMC AGF (“HMC AGF" or the "Fund Manager"), a fund manager based in Chile. The investment is expected to increase the availability of medium-term private debt financing for mid-sized companies in Peru, Colombia and Chile, contributing to close a financial gap for the medium market. IDB Invest ("BIDI") proposes an investment of up to US$20 million or 20% of the commitments (whichever is less) in Fondo de Inversión HMC Deuda Privada Andina (the "Fund" or "Andean Private Debt"). IDB Invest’s participation will allow the fund to reach the necessary scale to effectively execute its investment strategy and reach its minimum size. This Fund will provide debt instruments to medium-sized companies in Peru, Colombia, and selectively in Chile. The main target of the Fund will be companies that require customized financial solutions to support growth opportunities and improve their productivity. The fund manager is HMC AGF (“HMC AGF" or the "Fund Manager"), a fund manager based in Chile. The investment is expected to increase the availability of medium-term private debt financing for mid-sized companies in Peru, Colombia and Chile, contributing to close a financial gap for the medium market. IDB Invest IDB Invest Vargas Gomez, Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 20000000 20000000 20000000 HMC Capital - Andean Private Debt Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12090-01 IDB Invest The Project aims to finance small and medium-sized enterprises ("SMEs") through factoring and financial leasing operations in Chile. The proposed financing will consist of a Senior Loan of up to US$10 million with an expected term of up to 4 years. The Project will also enable Factotal S.A. to improve the offer of its financial services to its clients, diversify its sources of funding, and, simultaneously, improve the structure of its assets and liabilities. The Project aims to finance small and medium-sized enterprises ("SMEs") through factoring and financial leasing operations in Chile. The proposed financing will consist of a Senior Loan of up to US$10 million with an expected term of up to 4 years. The Project will also enable Factotal S.A. to improve the offer of its financial services to its clients, diversify its sources of funding, and, simultaneously, improve the structure of its assets and liabilities. IDB Invest Factotal S.A. IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 10000000 10000000 10000000 FACTOTAL SME Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12362-01 IDB Invest American Industrial Park, S.A. de C.V. (AIP) is one of the main industrial parks in El Salvador with more than 190,000 m2 of industrial space, most of which houses international companies primarily in the textile sector. It has been in operation since 1993 and plans to invest in expansion of its industrial space and the installation of solar panels for own-use renewable energy. IDB Invest is considering granting a long-term loan to finance installation of the solar plant, which will have a nominal capacity of 6.5 MW, for which the Nordic Development Fund is expected to provide a first loss guarantee for up to $1.25 million. The loan would also cover the construction of industrial space infrastructure, targeting the logistics and storage sector, with the construction of 17,000 m2 in a new park called the Sirius Industrial Park (SIP), which will belong to AIP, and will offer additional medical clinic services for the employees of the companies to be installed there. All of the above is called “the Project.” Both AIP and its SIP expansion program are located on the Pan American Highway, 30 minutes from the country’s main seaport and close to rural cities outside the metropolitan area of greater San Salvador such as La Libertad, Santa Ana, and Sonsonate, where 48% of the population is concentrated. The proposed loan has the following objectives: (i) to convert AIP into the first industrial park and free zone in El Salvador with a fully redundant power supply, which will serve as a model to be replicated; (ii) to help develop with AIP a plan for comprehensive utilization of wastewater for different uses in the park; and (iii) to increase employment opportunities in the zone by providing a greater supply of services for the logistics and storage sector in the zone, supplemented by an approach that integrates health with clinic services not existing in the area of expansion. American Industrial Park, S.A. de C.V. (AIP) is one of the main industrial parks in El Salvador with more than 190,000 m2 of industrial space, most of which houses international companies primarily in the textile sector. It has been in operation since 1993 and plans to invest in expansion of its industrial space and the installation of solar panels for own-use renewable energy. IDB Invest is considering granting a long-term loan to finance installation of the solar plant, which will have a nominal capacity of 6.5 MW, for which the Nordic Development Fund is expected to provide a first loss guarantee for up to $1.25 million. The loan would also cover the construction of industrial space infrastructure, targeting the logistics and storage sector, with the construction of 17,000 m2 in a new park called the Sirius Industrial Park (SIP), which will belong to AIP, and will offer additional medical clinic services for the employees of the companies to be installed there. All of the above is called “the Project.” Both AIP and its SIP expansion program are located on the Pan American Highway, 30 minutes from the country’s main seaport and close to rural cities outside the metropolitan area of greater San Salvador such as La Libertad, Santa Ana, and Sonsonate, where 48% of the population is concentrated. The proposed loan has the following objectives: (i) to convert AIP into the first industrial park and free zone in El Salvador with a fully redundant power supply, which will serve as a model to be replicated; (ii) to help develop with AIP a plan for comprehensive utilization of wastewater for different uses in the park; and (iii) to increase employment opportunities in the zone by providing a greater supply of services for the logistics and storage sector in the zone, supplemented by an approach that integrates health with clinic services not existing in the area of expansion. IDB Invest American Industrial Park, S.A. de C.V. (“AIP”) IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Manufacturing 8000000 8000000 8000000 American Industrial Park Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12098-02 IDB Invest The proposed Financing consists of a senior unsecured loan of up to US$30 million to LAAD to support the liquidity needs of small and medium enterprises (“SMEs”) in the agribusiness sector in Latin America and the Caribbean (“LAC”) region, that have been impacted by COVID-19. The financing will consist of two tranches, as follows: (i) a committed tranche I of up to US$20 million (“Tranche I”), and (ii) an uncommitted tranche II of up US$10 million (‘’Tranche II’), both tranches to be funded by IDB Invest (the “Loan”). The tenor of the Financing is up to 5 years with 12-month grace period. The proposed Financing consists of a senior unsecured loan of up to US$30 million to LAAD to support the liquidity needs of small and medium enterprises (“SMEs”) in the agribusiness sector in Latin America and the Caribbean (“LAC”) region, that have been impacted by COVID-19. The financing will consist of two tranches, as follows: (i) a committed tranche I of up to US$20 million (“Tranche I”), and (ii) an uncommitted tranche II of up US$10 million (‘’Tranche II’), both tranches to be funded by IDB Invest (the “Loan”). The tenor of the Financing is up to 5 years with 12-month grace period. IDB Invest LAAD Americas NV IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 30000000 30000000 30000000 LAAD II Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12979-01 IDB Invest The transaction consists of a Local Bond (Letras Financeiras) issuance for the equivalent in Brazilian reais of US$100 million for a tenor of five years bullet. The Letras Financeiras shall be classified as Social Bonds as per the International Capital Market Association’s Social Bond Principles. The proposed financing will contribute to increase access to finance in Brazil by supporting the expansion of ABC’s social portfolio, by focusing its Small and Medium-Sized Enterprises (“SMEs”) strategy. Also, the transaction injects liquidity in this segment in a moment of market turbulence due to the spread of the COVID-19 virus. Finally, the transaction supports the development of the Brazilian capital markets and the sustainable finance segment, as it will be first thematic Letras Financeiras issued in Brazil and may spearhead a new trend in the Brazilian Debt Capital Markets. The transaction consists of a Local Bond (Letras Financeiras) issuance for the equivalent in Brazilian reais of US$100 million for a tenor of five years bullet. The Letras Financeiras shall be classified as Social Bonds as per the International Capital Market Association’s Social Bond Principles. The proposed financing will contribute to increase access to finance in Brazil by supporting the expansion of ABC’s social portfolio, by focusing its Small and Medium-Sized Enterprises (“SMEs”) strategy. Also, the transaction injects liquidity in this segment in a moment of market turbulence due to the spread of the COVID-19 virus. Finally, the transaction supports the development of the Brazilian capital markets and the sustainable finance segment, as it will be first thematic Letras Financeiras issued in Brazil and may spearhead a new trend in the Brazilian Debt Capital Markets. IDB Invest Banco ABC Brasil, S.A. IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11860-02 IDB Invest The proposed transaction consists of a senior unsecured loan to Banco Davivienda, S.A. (“Davivienda ES” or the “Bank”) denominated in US dollars (US$) for up to US$100 million (the “project”). The project financing will be structured as follows: (i) US$35 million from IDB Invest; (ii) US$15 million mobilized through potential cofinancing, financed by IDB Invest in its capacity as administrator of the China Co-financing Fund for Latin America and the Caribbean (the “Fund”); and (iv) US$50 million mobilized through co-financiers or “B” lenders. The objective of the project is to support Davivienda El Salvador in the development of its portfolio of financing for environmentally friendly projects (“green loans”) in El Salvador. At the same time, IDB Invest will provide advisory services that will focus on monitoring these projects, as well as on measuring impact indicators and the bank’s contribution to them.As part of its institutional response and to mitigate the economic crisis caused by the Covid-19 pandemic, IDB Invest is prioritizing financing through financial institutions to ensure member countries have the resources they need for development projects. The proposed transaction consists of a senior unsecured loan to Banco Davivienda, S.A. (“Davivienda ES” or the “Bank”) denominated in US dollars (US$) for up to US$100 million (the “project”). The project financing will be structured as follows: (i) US$35 million from IDB Invest; (ii) US$15 million mobilized through potential cofinancing, financed by IDB Invest in its capacity as administrator of the China Co-financing Fund for Latin America and the Caribbean (the “Fund”); and (iv) US$50 million mobilized through co-financiers or “B” lenders. The objective of the project is to support Davivienda El Salvador in the development of its portfolio of financing for environmentally friendly projects (“green loans”) in El Salvador. At the same time, IDB Invest will provide advisory services that will focus on monitoring these projects, as well as on measuring impact indicators and the bank’s contribution to them.As part of its institutional response and to mitigate the economic crisis caused by the Covid-19 pandemic, IDB Invest is prioritizing financing through financial institutions to ensure member countries have the resources they need for development projects. IDB Invest Banco Davivienda, S.A. IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions 50000000 50000000 50000000 Green financing agreement with Davivienda El Salvador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12522-01 IDB Invest Rassini Automotriz, S.A. de C.V. (“Rassini” or “the Company”) has asked IDB Invest for financial assistance (the “Project”) in establishing an uncommitted revolving credit line (the “line”) to finance Rassini’s suppliers through acquisition of collection rights. The transaction includes accounts receivable whose payment will be deferred because of the exceptional measures taken by the Company to mitigate the impact of COVID-19 on its suppliers. Rassini Automotriz, S.A. de C.V. (“Rassini” or “the Company”) has asked IDB Invest for financial assistance (the “Project”) in establishing an uncommitted revolving credit line (the “line”) to finance Rassini’s suppliers through acquisition of collection rights. The transaction includes accounts receivable whose payment will be deferred because of the exceptional measures taken by the Company to mitigate the impact of COVID-19 on its suppliers. IDB Invest Rassini Automotriz, S.A. de C.V. IDB Invest Baltazar Vazquez, Lucia Adriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 28000000 28000000 28000000 Rassini Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12132-03 IDB Invest The project’s main objective is to support Finabank’s SME portfolio by providing additional sources of US$ funding as a response mechanism to the effects of the COVID-19 pandemic. With IDB Invest’s support, the Bank will have access to funds to finance its SME portfolio, facilitating loan access for private companies in an environment where financial options are limited, especially for medium-and long-term needs in US$. Established in 1991, Finabank operates in several areas of the commercial and retail banking sector, offering a wide range of products and financial services. Finabank’s main focus has been to stay actively involved in client needs and offer customized financial services and products in order to create long-lasting partnerships. The project’s main objective is to support Finabank’s SME portfolio by providing additional sources of US$ funding as a response mechanism to the effects of the COVID-19 pandemic. With IDB Invest’s support, the Bank will have access to funds to finance its SME portfolio, facilitating loan access for private companies in an environment where financial options are limited, especially for medium-and long-term needs in US$. Established in 1991, Finabank operates in several areas of the commercial and retail banking sector, offering a wide range of products and financial services. Finabank’s main focus has been to stay actively involved in client needs and offer customized financial services and products in order to create long-lasting partnerships. IDB Invest Finabank N.V. IDB Invest Apel, Michael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Suriname Suriname Financial Institutions 3000000 3000000 3000000 Finabank SME Line Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13037-01 IDB Invest The Electribús Bogotá project (the "Project") seeks to finance the purchase of 13 50-passenger electric buses and 246 80-passenger electric buses, which will be put into operation in the Integrated Public Transport System (IPTS) of the city of Bogotá in Colombia. For this purpose, the Ashmore Andean Fund II, Fondo Ashmore Andino II, Somos Provisión SAS (the "Sponsors") have formed the Electribús Bogotá Usme I SAS, and Electribús Bogotá Fontibón II SAS (the "Concessionaires"), companies that have been awarded 15-year concession contracts that include the purchase and delivery of 133 and 126 buses, respectively. The buses purchased under this concession will be subsequently delivered to Empresa de Transporte del Tercer Milenio SA (TMSA), administrator of Bogota's mass transit system. The Project comprises only the purchase and supply of the fleet of electric buses by the Concessionaires to TMSA and does not include its operation or maintenance, as these tasks will be the responsibility of the Operation and Maintenance Concessionaires. Within this framework, the Concessionaires will be responsible for the purchase, supervision, and disengagement of the electric buses after the 15-year period, while the Operation and Maintenance Concessionaires (beyond the scope of this Operation) will be in charge of operating and maintaining the new fleet, and operating the parking and maintenance lots. For this purpose, a Private Agreement has been signed between each Concessionaire and the respective Operation and Maintenance Concessionaire, to regulate maintenance tasks, maintain the fleet enabled, and keep the factory guarantee of the units to be acquired in force. To enable the purchase of the vehicles, the Concessionaires have signed a Purchase Contract with BYD, a company that is actively present in the Colombian vehicle market, particularly in the public transport system. To date, BYD has 64 electric buses operating in the city of Medellín since November 2019. The Project will contribute to improving mobility in the city of Bogotá, while the introduction of a cleaner means of transport will help reduce emissions and air pollution. Once the purchase and commissioning of the vehicles is complete, Bogotá will become the city with the largest fleet of electric buses on the continent.[1] The total estimated cost of the Project is approximately 290,000 million Colombian Pesos ("COP"). This amount will be financed through a loan from the IDB Group, of which Proparco will guarantee 50% of the investment, a revolving loan to finance batteries from the United Kingdom Sustainable Infrastructure Program (UK SIP) Mixed Financing Fund administered by the IDB Group, the participation of Financiera de Desarrollo Nacional (FDN) and capital contributions from the sponsors of the Ashmore Andean Fund II Project, Ashmore Fondo Andino II, and Sistemas Operativos Móviles S.A. The Electribús Bogotá project (the "Project") seeks to finance the purchase of 13 50-passenger electric buses and 246 80-passenger electric buses, which will be put into operation in the Integrated Public Transport System (IPTS) of the city of Bogotá in Colombia. For this purpose, the Ashmore Andean Fund II, Fondo Ashmore Andino II, Somos Provisión SAS (the "Sponsors") have formed the Electribús Bogotá Usme I SAS, and Electribús Bogotá Fontibón II SAS (the "Concessionaires"), companies that have been awarded 15-year concession contracts that include the purchase and delivery of 133 and 126 buses, respectively. The buses purchased under this concession will be subsequently delivered to Empresa de Transporte del Tercer Milenio SA (TMSA), administrator of Bogota's mass transit system. The Project comprises only the purchase and supply of the fleet of electric buses by the Concessionaires to TMSA and does not include its operation or maintenance, as these tasks will be the responsibility of the Operation and Maintenance Concessionaires. Within this framework, the Concessionaires will be responsible for the purchase, supervision, and disengagement of the electric buses after the 15-year period, while the Operation and Maintenance Concessionaires (beyond the scope of this Operation) will be in charge of operating and maintaining the new fleet, and operating the parking and maintenance lots. For this purpose, a Private Agreement has been signed between each Concessionaire and the respective Operation and Maintenance Concessionaire, to regulate maintenance tasks, maintain the fleet enabled, and keep the factory guarantee of the units to be acquired in force. To enable the purchase of the vehicles, the Concessionaires have signed a Purchase Contract with BYD, a company that is actively present in the Colombian vehicle market, particularly in the public transport system. To date, BYD has 64 electric buses operating in the city of Medellín since November 2019. The Project will contribute to improving mobility in the city of Bogotá, while the introduction of a cleaner means of transport will help reduce emissions and air pollution. Once the purchase and commissioning of the vehicles is complete, Bogotá will become the city with the largest fleet of electric buses on the continent.[1] The total estimated cost of the Project is approximately 290,000 million Colombian Pesos ("COP"). This amount will be financed through a loan from the IDB Group, of which Proparco will guarantee 50% of the investment, a revolving loan to finance batteries from the United Kingdom Sustainable Infrastructure Program (UK SIP) Mixed Financing Fund administered by the IDB Group, the participation of Financiera de Desarrollo Nacional (FDN) and capital contributions from the sponsors of the Ashmore Andean Fund II Project, Ashmore Fondo Andino II, and Sistemas Operativos Móviles S.A. IDB Invest Electribús Bogota Usme I SAS, Electribús Bogota Fontibón II SAS IDB Invest Chiaramonte, Federico Alessandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Transport 32487500 32487500 32487500 Electribús Bogotá Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12375-01 IDB Invest The transaction consists of guaranteed long-term financing for Elcatex, S. de R.L. (henceforth, “ELCATEX”, “the Company” or “the Client”), a leading textile industry company in Honduras. The objectives of the Project are: (i) to support economic growth and export diversification; (ii) construction and fit out of a new textile plant (San Juan Textiles Project) located in San Juan Innovation Park, an Export Processing Zone (“EPZ”) in Choloma; (iii) purchase of sewing equipment; and (iv) to finance capital investment, working capital and liability restructuring to increase ELCATEX’s production capacity. The transaction consists of guaranteed long-term financing for Elcatex, S. de R.L. (henceforth, “ELCATEX”, “the Company” or “the Client”), a leading textile industry company in Honduras. The objectives of the Project are: (i) to support economic growth and export diversification; (ii) construction and fit out of a new textile plant (San Juan Textiles Project) located in San Juan Innovation Park, an Export Processing Zone (“EPZ”) in Choloma; (iii) purchase of sewing equipment; and (iv) to finance capital investment, working capital and liability restructuring to increase ELCATEX’s production capacity. IDB Invest Elcatex, S. de R.L. (“ELCATEX”) IDB Invest Coello Paz, Mariana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Manufacturing 64000000 64000000 64000000 Grupo ELCATEX / San Juan Textiles Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13146-01 IDB Invest Gas Natural de Lima y Callao, S.A. (“Cálidda” or “The Company”) is the sole concessionaire for the pipeline distribution of natural gas in the Department of Lima and the Constitutional Province of Callao. Its main shareholder is Grupo de Energía de Bogotá (“GEB”), a business leader in the energy sector with operations in Colombia, Brazil, Peru, and Guatemala. The operation consists of an unsecured corporate loan for up to US$100 million (one hundred million United States dollars) with an 8-year repayment period. The funds will finance the expansion of the Natural Gas Distribution System (“NGDS”) in 2020–2021 (the “Project”) in order to reach more users, mainly households and small and medium-sized enterprises (SMEs). The scope of the IDB Invest Environmental and Social Review included a documentary review of the Company´s environmental and social performance and occupational health and safety ("OHS") over time; online meetings with Cálidda representatives; analysis of the documents associated with environmental and social ("E&S") and OHS manuals, procedures, licenses, and permits of the Project, and operational reports of the NGDS. Gas Natural de Lima y Callao, S.A. (“Cálidda” or “The Company”) is the sole concessionaire for the pipeline distribution of natural gas in the Department of Lima and the Constitutional Province of Callao. Its main shareholder is Grupo de Energía de Bogotá (“GEB”), a business leader in the energy sector with operations in Colombia, Brazil, Peru, and Guatemala. The operation consists of an unsecured corporate loan for up to US$100 million (one hundred million United States dollars) with an 8-year repayment period. The funds will finance the expansion of the Natural Gas Distribution System (“NGDS”) in 2020–2021 (the “Project”) in order to reach more users, mainly households and small and medium-sized enterprises (SMEs). The scope of the IDB Invest Environmental and Social Review included a documentary review of the Company´s environmental and social performance and occupational health and safety ("OHS") over time; online meetings with Cálidda representatives; analysis of the documents associated with environmental and social ("E&S") and OHS manuals, procedures, licenses, and permits of the Project, and operational reports of the NGDS. IDB Invest Gas Natural de Lima y Callao, S.A. (“Cálidda”) IDB Invest Yan, Shanyue +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Energy 100000000 100000000 100000000 Cálidda Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13100-01 IDB Invest The project consists of supporting Banco de Comercio Exterior de Colombia S.A. (“Bancóldex”), with a senior loan. The total amount of the loan is up to US$170 million, composed as follows: (i) A loan from IDB Invest for an amount of up to US$100 million; (ii) US$50 million mobilized through possible co-financing to be financed by IDB Invest in its capacity as administrator of the China Co-financing Fund for Latin America and the Caribbean (the “China Fund”); and (iii) Co-loan from Development Finance Institute Canada (FinDev Canada) for an amount of up to US$20 million. The resources will be used to support MSME’s needs through the emergency line Program “Colombia Responde para Todos” or through other financial instruments created to alleviate the current COVID-19 situation. "Colombia Responde para Todos" is an emergency line which seeks to expand financing to MSME’s from different economic sectors, through financial intermediaries. IDB Invest loan and support is key to provide liquidity and short to medium term resources to MSMEs so it’s sustainability and feasibility is ensured in a context of cash flow pressure due to the lockdown and economic activity paralysis. The project consists of supporting Banco de Comercio Exterior de Colombia S.A. (“Bancóldex”), with a senior loan. The total amount of the loan is up to US$170 million, composed as follows: (i) A loan from IDB Invest for an amount of up to US$100 million; (ii) US$50 million mobilized through possible co-financing to be financed by IDB Invest in its capacity as administrator of the China Co-financing Fund for Latin America and the Caribbean (the “China Fund”); and (iii) Co-loan from Development Finance Institute Canada (FinDev Canada) for an amount of up to US$20 million. The resources will be used to support MSME’s needs through the emergency line Program “Colombia Responde para Todos” or through other financial instruments created to alleviate the current COVID-19 situation. "Colombia Responde para Todos" is an emergency line which seeks to expand financing to MSME’s from different economic sectors, through financial intermediaries. IDB Invest loan and support is key to provide liquidity and short to medium term resources to MSMEs so it’s sustainability and feasibility is ensured in a context of cash flow pressure due to the lockdown and economic activity paralysis. IDB Invest Banco Comercio Exterior de Colombia S.A. ("Bancóldex") IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 100000000 100000000 100000000 Bancóldex Emergency Line for MSMES Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12885-01 IDB Invest This financial transaction consists of supporting the expansion of Popup Design, S. de R.L. de C.V. (“GAIA” or “the Company”) using a convertible debt instrument for a minimum of USD 10 million or up to USD 15 million with a term of up to 24 months or until automatic conversion (whichever comes first) in shares to be issued during the next investment round (the “C-Series Round”), (the “Convertible Debt”). Support for GAIA entails strengthening its expansion in order to leverage its large installed capacity and supply chain—which consists of Mexican micro, small, and medium-sized enterprises (“MSMEs”) that specialize in the manufacture of design furniture—combined with the marketing and distribution of such furniture through a digital platform (application or app) complemented by brick-and-mortar stores (the “Project”). More information regarding the Project can be accessed through the following electronic link: https://www.gaiadesign.com.mx This financial transaction consists of supporting the expansion of Popup Design, S. de R.L. de C.V. (“GAIA” or “the Company”) using a convertible debt instrument for a minimum of USD 10 million or up to USD 15 million with a term of up to 24 months or until automatic conversion (whichever comes first) in shares to be issued during the next investment round (the “C-Series Round”), (the “Convertible Debt”). Support for GAIA entails strengthening its expansion in order to leverage its large installed capacity and supply chain—which consists of Mexican micro, small, and medium-sized enterprises (“MSMEs”) that specialize in the manufacture of design furniture—combined with the marketing and distribution of such furniture through a digital platform (application or app) complemented by brick-and-mortar stores (the “Project”). More information regarding the Project can be accessed through the following electronic link: https://www.gaiadesign.com.mx IDB Invest Popup Design, S. de R.L. de C.V. and Popup Design Inc. (“GAIA”) IDB Invest Piffaretti, Pablo Eduardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 15000000 15000000 15000000 GAIA Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13127-01 IDB Invest This transaction (the "Operation" or "Transaction") is the third operation undertaken with Vicunha Ecuador S.A. (the "Client" or the "Company"), which is part of a major Brazilian textile manufacturing group (Vicunha Brasil). The Operation seeks to provide financial assistance to the Client, who has been forced to materially decrease the operations of its Quito plant since March and its exports since April 2020, as a result of the measures adopted by the Government of Ecuador to cope with the COVID-19 global pandemic. The Transaction consists of providing the Client with working capital to: i) extend the maturity of outstanding payments for existing loans granted by Inter-American Development Bank (IDB); and ii) finance the Company's working capital needs to recover its operations. This transaction (the "Operation" or "Transaction") is the third operation undertaken with Vicunha Ecuador S.A. (the "Client" or the "Company"), which is part of a major Brazilian textile manufacturing group (Vicunha Brasil). The Operation seeks to provide financial assistance to the Client, who has been forced to materially decrease the operations of its Quito plant since March and its exports since April 2020, as a result of the measures adopted by the Government of Ecuador to cope with the COVID-19 global pandemic. The Transaction consists of providing the Client with working capital to: i) extend the maturity of outstanding payments for existing loans granted by Inter-American Development Bank (IDB); and ii) finance the Company's working capital needs to recover its operations. IDB Invest Vicunha Ecuador S.A. IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing 10000000 10000000 10000000 Vicunha Ecuador Tercera Operación Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13001-01 IDB Invest The proposed project consists of a senior guaranteed loan for up to MXN400 million (approximately US$17.3 million) in local currency. The loan will have a term of up to four years, with a six-month grace period for the principle, quarterly principle payments, and monthly interest payments. The proceeds from the loan will go to grow the loan portfolio for financing equipment to improve the energy efficiency of Small and Medium-Sized Enterprises (“SMEs”) and agribusinesses. The proposed project consists of a senior guaranteed loan for up to MXN400 million (approximately US$17.3 million) in local currency. The loan will have a term of up to four years, with a six-month grace period for the principle, quarterly principle payments, and monthly interest payments. The proceeds from the loan will go to grow the loan portfolio for financing equipment to improve the energy efficiency of Small and Medium-Sized Enterprises (“SMEs”) and agribusinesses. IDB Invest Mercader Financial, S.A. SOFOM, E.R. IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 19063200 19063200 19063200 Mercader Financial - SME Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13039-01 IDB Invest The proposed transaction consists of an unsecured senior loan to ACME S.A. (“ACME” or the “FI”) denominated in US Dollars (“USD”) for up to USD $2 million, to be funded by IDB Invest as administrator of the Haiti SME Development Fund, with a tenor of up to three years (the “Project”) and a 12 month grace period on the repayment of principal. The purpose of the Project is to provide financing to ACME to on-lend to micro small and medium-sized enterprises (“MSMEs”). The proposed transaction consists of an unsecured senior loan to ACME S.A. (“ACME” or the “FI”) denominated in US Dollars (“USD”) for up to USD $2 million, to be funded by IDB Invest as administrator of the Haiti SME Development Fund, with a tenor of up to three years (the “Project”) and a 12 month grace period on the repayment of principal. The purpose of the Project is to provide financing to ACME to on-lend to micro small and medium-sized enterprises (“MSMEs”). IDB Invest ACME S.A. IDB Invest Jean, Kawala +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Haiti Haiti Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13030-01 IDB Invest IDB Invest is considering an equity investment of up to US$10 million in Vinci Impact and Return IV (“VIR IV” or the “Fund”), an impact investment fund created to provide growth equity for small and medium-sized enterprises (“SMEs”) in Brazil, with a focus on less developed regions. Following a triple bottom-line strategy, the Fund will seek market-level returns while deliberately seeking measurable socioeconomic impacts in line with the Sustainable Development Goals (“SDGs”) and enhancing environmental, social and governance (ESG) standards. The Fund’s impact strategy will primarily consist of (i) seeking to invest in less developed regions of Brazil, where access to capital and know-how is limited and/or (ii) focusing on companies where there is a clear impact embedded in its business model. Moreover, the Fund will invest in sectors and themes that cover determined SDGs, making VIR’s impact framework adherent to the United Nation’s development guidelines. Additionally, VIR IV will partner with entrepreneurs that values impact as a mean of operating their businesses and generating value and will target companies and business in which a reliable impact measurement and monitoring framework application is possible on a continuous basis. IDB Invest is considering an equity investment of up to US$10 million in Vinci Impact and Return IV (“VIR IV” or the “Fund”), an impact investment fund created to provide growth equity for small and medium-sized enterprises (“SMEs”) in Brazil, with a focus on less developed regions. Following a triple bottom-line strategy, the Fund will seek market-level returns while deliberately seeking measurable socioeconomic impacts in line with the Sustainable Development Goals (“SDGs”) and enhancing environmental, social and governance (ESG) standards. The Fund’s impact strategy will primarily consist of (i) seeking to invest in less developed regions of Brazil, where access to capital and know-how is limited and/or (ii) focusing on companies where there is a clear impact embedded in its business model. Moreover, the Fund will invest in sectors and themes that cover determined SDGs, making VIR’s impact framework adherent to the United Nation’s development guidelines. Additionally, VIR IV will partner with entrepreneurs that values impact as a mean of operating their businesses and generating value and will target companies and business in which a reliable impact measurement and monitoring framework application is possible on a continuous basis. IDB Invest Vinci Partners IDB Invest Vargas Gomez, Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Unspecified 10000000 10000000 10000000 Vinci Impact Fund Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13180-01 IDB Invest La Comer S.A.B. de C.V. ("La Comer" or the "Company"), through its subsidiary Comercial City Fresko, S. de R.L. de C.V. ("CCF"), has requested IDB Invest's financial assistance to provide an uncommitted revolving credit facility (the "Facility") to finance La Comer's suppliers through the acquisition of collection rights (the "Project" or the "Operation"). The Operation involves deferred payment for accounts receivable, due to the exceptional measures adopted by the Company to mitigate the impact of COVID-19 on its suppliers. La Comer S.A.B. de C.V. ("La Comer" or the "Company"), through its subsidiary Comercial City Fresko, S. de R.L. de C.V. ("CCF"), has requested IDB Invest's financial assistance to provide an uncommitted revolving credit facility (the "Facility") to finance La Comer's suppliers through the acquisition of collection rights (the "Project" or the "Operation"). The Operation involves deferred payment for accounts receivable, due to the exceptional measures adopted by the Company to mitigate the impact of COVID-19 on its suppliers. IDB Invest Comercial City Fresko, S. de R.L. de C.V. IDB Invest De la Fuente, Miguel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 45139800 45139800 45139800 La Comer Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO-L1167 IDB Invest Disclaimer Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IDB Invest). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website. * Amendment July 24, 2020: The financing amount has incresed to US$3,100,000, and the approval date has been confirmed for August 26,2020. The Operation consists of providing resources to Agrocacay SAS in order to finance the planting and maintenance of 300 hectares of cacay,[1] a native tree of the Colombian Amazon, to be carried out in the district of Meta, in Los Llanos de Colombia ("The Project"). Kahai SAS, owner of Agrocacay SAS, which is in charge of transforming the fruit into final products, will act as guarantor of the terms of the financing in question. Kahai SAS will contribute capital to the Project in the form of cash and trees for planting. The total costs of the Project, including the acquisition of the lands for planting, are US$8 million, of which IDB Invest will contribute US$1.5 million from the Climate Smart Agriculture Fund (CSAF) of the Global Environment Facility. The financing includes a 12-year term and a 6-year grace period to ensure that the loan repayment profile is in line with the capability of the planted trees to produce fruit for harvesting. [1] The fruit of the cacay has multiple commercial uses that range from the production of snacks to its use as raw material for cosmetic and food products. Disclaimer Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IDB Invest). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website. * Amendment July 24, 2020: The financing amount has incresed to US$3,100,000, and the approval date has been confirmed for August 26,2020. The Operation consists of providing resources to Agrocacay SAS in order to finance the planting and maintenance of 300 hectares of cacay,[1] a native tree of the Colombian Amazon, to be carried out in the district of Meta, in Los Llanos de Colombia ("The Project"). Kahai SAS, owner of Agrocacay SAS, which is in charge of transforming the fruit into final products, will act as guarantor of the terms of the financing in question. Kahai SAS will contribute capital to the Project in the form of cash and trees for planting. The total costs of the Project, including the acquisition of the lands for planting, are US$8 million, of which IDB Invest will contribute US$1.5 million from the Climate Smart Agriculture Fund (CSAF) of the Global Environment Facility. The financing includes a 12-year term and a 6-year grace period to ensure that the loan repayment profile is in line with the capability of the planted trees to produce fruit for harvesting. [1] The fruit of the cacay has multiple commercial uses that range from the production of snacks to its use as raw material for cosmetic and food products. IDB Invest Agrocacay, S.A.S. IDB Invest Ochoa Sanfeliz, Maria Eugenia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Agribusiness Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13135-01 IDB Invest The credit operation (the "Operation") will be used to finance the response actions of the Sociedade Beneficente Israelita Brasileira Albert Einstein (the "HIAE", the "Company" or the "Project") to the emergence of the COVID-19 pandemic , mainly in the city of São Paulo, capital of the State of São Paulo (SP), Brazil. These response actions include: i) the expansion of installed capacity, in the two public hospitals of the Unified Health System (SUS, acronym in Portuguese) operated by HIAE, Dr. Moysés Deutsch Municipal Hospital - M'Boi Mirim, Dr. Gilson de Carvalho Municipal Hospital - Vila Santa Catarina and the Emergency Care Unit (UPA) of Hospital Campo Limpo, also the implantation of two field hospitals, Campaign Hospital of the Morumbi Unit and Municipal Hospital of Campanha do Pacaembu, and a tent for attendance and screening in the UPA´ s Municipal Hospital Dr. Gilson de Carvalho - Vila Santa Catarina and Hospital do Campo Limpo with a total of 743 new beds to reach a total of 1,081 beds; ii) the reorganization of the HIAE's service areas to expand 94 beds of the Intensive Care Unit (“ICU”) and Adult Semi-Intensive Care and 11 hospitalization beds; and iii) complementary activities to support the response to COVID-19, including prevention actions in needy communities, purchase of essential medical supplies, diagnostic tests and support for research, as well as donations of personal protective equipment (PPE) to the states of Amazonas, Pará and Ceará. The credit operation (the "Operation") will be used to finance the response actions of the Sociedade Beneficente Israelita Brasileira Albert Einstein (the "HIAE", the "Company" or the "Project") to the emergence of the COVID-19 pandemic , mainly in the city of São Paulo, capital of the State of São Paulo (SP), Brazil. These response actions include: i) the expansion of installed capacity, in the two public hospitals of the Unified Health System (SUS, acronym in Portuguese) operated by HIAE, Dr. Moysés Deutsch Municipal Hospital - M'Boi Mirim, Dr. Gilson de Carvalho Municipal Hospital - Vila Santa Catarina and the Emergency Care Unit (UPA) of Hospital Campo Limpo, also the implantation of two field hospitals, Campaign Hospital of the Morumbi Unit and Municipal Hospital of Campanha do Pacaembu, and a tent for attendance and screening in the UPA´ s Municipal Hospital Dr. Gilson de Carvalho - Vila Santa Catarina and Hospital do Campo Limpo with a total of 743 new beds to reach a total of 1,081 beds; ii) the reorganization of the HIAE's service areas to expand 94 beds of the Intensive Care Unit (“ICU”) and Adult Semi-Intensive Care and 11 hospitalization beds; and iii) complementary activities to support the response to COVID-19, including prevention actions in needy communities, purchase of essential medical supplies, diagnostic tests and support for research, as well as donations of personal protective equipment (PPE) to the states of Amazonas, Pará and Ceará. IDB Invest Sociedade Beneficente Israelita Brasileira Albert Einstein IDB Invest Vieira Pereira de Almeida, Tomas +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Social Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12696-01 IDB Invest The loan proposed for Fundación Empresarial Génesis (“Génesis”) amounts to the Guatemalan quetzal (“GTQ”) equivalent of up to US$20 million, to support its productive microfinance portfolio in Guatemala. Fundación Génesis Empresarial is the largest microfinance institution in Guatemala. The term of the IDB Invest loan is expected to be five years. This loan will be complemented by a Technical Assistance from IDB Invest, aligning Génesis’ portfolio with the Sustainable Development Goals (“SDG”), improve funding capacities for sustainable finances, as well as establish a portfolio of microloans in climate change resilient agricultural productive chains. The loan proposed for Fundación Empresarial Génesis (“Génesis”) amounts to the Guatemalan quetzal (“GTQ”) equivalent of up to US$20 million, to support its productive microfinance portfolio in Guatemala. Fundación Génesis Empresarial is the largest microfinance institution in Guatemala. The term of the IDB Invest loan is expected to be five years. This loan will be complemented by a Technical Assistance from IDB Invest, aligning Génesis’ portfolio with the Sustainable Development Goals (“SDG”), improve funding capacities for sustainable finances, as well as establish a portfolio of microloans in climate change resilient agricultural productive chains. IDB Invest Fundación Génesis Empresarial IDB Invest Castro Fonseca, Cristie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12479-01 IDB Invest Caribbean LED Lighting (CLL) has requested working capital financing from IDB Invest. IDB Invest’s proposed working capital solution is expected to include: (i) a renewable US$1 million revolving credit facility and, (ii) an invoice purchasing program in an amount yet to be defined. CLL specializes in providing power and lighting companies in the Caribbean with LED lights for public lighting. The funds provided by IDB Invest will be used by CLL to purchase components to assemble LED lights. CLL assembles its products in Saint Michael, Barbados and commercializes its products across the Caribbean region. Caribbean LED Lighting (CLL) has requested working capital financing from IDB Invest. IDB Invest’s proposed working capital solution is expected to include: (i) a renewable US$1 million revolving credit facility and, (ii) an invoice purchasing program in an amount yet to be defined. CLL specializes in providing power and lighting companies in the Caribbean with LED lights for public lighting. The funds provided by IDB Invest will be used by CLL to purchase components to assemble LED lights. CLL assembles its products in Saint Michael, Barbados and commercializes its products across the Caribbean region. IDB Invest Caribbean LED Lighting Inc. IDB Invest Bazan, Paola +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Barbados Barbados Manufacturing 2000000 2000000 2000000 Caribbean LED Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13020-01 IDB Invest IDB Invest is considering a capital investment of up to US$8 million in Farmalatam Holding Inc. ("Farmalatam” or the "Company"). Farmalatam[1] is a leading home healthcare technology platform in Latin America that provides comprehensive healthcare solutions to patients. Farmalatam is a 100% digital pharmacy with no physical stores, which distributes pharmaceutical products. In addition, it provides home health and telemedicine services through its digital platform “CARE24”. Since its incorporation in 2014, the Company has developed a user and partnership base, demonstrating its readiness to move on to the next phase and achieve greater scales. Farmalatam currently operates in Colombia, Mexico, and Peru. The capital round will allow Farmalatam to support its growth plan as follows: (i) finance current operations to support expected growth through investments in marketing, information technology, and human resources, among others; (ii) finance strategic acquisitions of related businesses in Latin America; and (iii) promote its regional expansion. This investment will require the implementation of reforms in order to strengthen its policies and controls in its operation - particularly to ensure equitable prices in the context of the health crisis and thereafter. Furthermore, Farmalatam is committed to implementing improvements in corporate governance. The objectives of investing in Farmalatam are (i) to help support the growth of the digital economy and stimulate productivity in the pharmaceutical sector through a disruptive, technology-enabled business model with sizable addressable markets; (ii) to contribute to reducing the cost of medicine and expand access to cheaper costs in target markets; and (iii) to support access to medical services and home treatments. [1] www.farmalisto.com IDB Invest is considering a capital investment of up to US$8 million in Farmalatam Holding Inc. ("Farmalatam” or the "Company"). Farmalatam[1] is a leading home healthcare technology platform in Latin America that provides comprehensive healthcare solutions to patients. Farmalatam is a 100% digital pharmacy with no physical stores, which distributes pharmaceutical products. In addition, it provides home health and telemedicine services through its digital platform “CARE24”. Since its incorporation in 2014, the Company has developed a user and partnership base, demonstrating its readiness to move on to the next phase and achieve greater scales. Farmalatam currently operates in Colombia, Mexico, and Peru. The capital round will allow Farmalatam to support its growth plan as follows: (i) finance current operations to support expected growth through investments in marketing, information technology, and human resources, among others; (ii) finance strategic acquisitions of related businesses in Latin America; and (iii) promote its regional expansion. This investment will require the implementation of reforms in order to strengthen its policies and controls in its operation - particularly to ensure equitable prices in the context of the health crisis and thereafter. Furthermore, Farmalatam is committed to implementing improvements in corporate governance. The objectives of investing in Farmalatam are (i) to help support the growth of the digital economy and stimulate productivity in the pharmaceutical sector through a disruptive, technology-enabled business model with sizable addressable markets; (ii) to contribute to reducing the cost of medicine and expand access to cheaper costs in target markets; and (iii) to support access to medical services and home treatments. [1] www.farmalisto.com IDB Invest Farmalatam Holding Inc. IDB Invest Ochoa Sanfeliz, Maria Eugenia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Social Infrastructure 8000000 8000000 8000000 Farmalatam - Farmalisto Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12167-01 IDB Invest The proposed transaction consists of a syndicated loan led by IDB Invest of up to US$350 million, with a 5-year term including a grace period of up to 1.5 years, of which US$100 million will be financed by the Inter-American Development Bank Group (IDB Group), US$50 million by third-party funds administered by the IDB and the rest with other mobilization of funds (the "Loan"). The Loan will be used: (i) to finance fixed investments of 16 companies of CMI Alimentos located in Guatemala, El Salvador, Honduras, Costa Rica and Dominican Republic, for a total amount of up to US$210 million, to continue expanding their operations, improving their productivity levels, renew fixed assets and carry out environmental projects, and (ii) to finance the purchase of 50% of the shares of Procesadora Nacional de Alimentos CA (Pronaca) in Ecuador, for an amount of up to US$140 million, to support the inorganic expansion of CMI Alimentos (the "Project"). CMI Alimentos is the main business division of Corporación Multi Inversiones ("CMI"), one of the most important economic groups in Central America with operations in 9 countries. The economic activities of CMI Alimentos include the production of chicken, pork and derived products (Industria Pecuaria), the production of wheat flour, corn, pasta and cookies (Molinos Modernos), and the operation of fast food restaurants (Restaurantes de Centroamerica). Updated Project scope and objectiveThe proposed transaction consists of a senior loan by IDB Invest of up to US$50 million, with a 5-year term including a grace period of up to 1 year, (the "Loan"). The Loan will be used to finance fixed investments in restaurants in Guatemala, and in cattle industry in El Salvador and Honduras, , to continue expanding their operations, improving their productivity levels, and carry out environmental projects (the "Project"). CMI Alimentos is the main business division of Corporación Multi Inversiones ("CMI"), one of the most important economic groups in Central America with operations in 9 countries. The economic activities of CMI Alimentos include the production of chicken, and derived products (Industria Pecuaria), the production of wheat flour, corn, pasta and cookies (Molinos Modernos), and the operation of fast-food restaurants (Restaurantes de Centroamerica). The proposed transaction consists of a syndicated loan led by IDB Invest of up to US$350 million, with a 5-year term including a grace period of up to 1.5 years, of which US$100 million will be financed by the Inter-American Development Bank Group (IDB Group), US$50 million by third-party funds administered by the IDB and the rest with other mobilization of funds (the "Loan"). The Loan will be used: (i) to finance fixed investments of 16 companies of CMI Alimentos located in Guatemala, El Salvador, Honduras, Costa Rica and Dominican Republic, for a total amount of up to US$210 million, to continue expanding their operations, improving their productivity levels, renew fixed assets and carry out environmental projects, and (ii) to finance the purchase of 50% of the shares of Procesadora Nacional de Alimentos CA (Pronaca) in Ecuador, for an amount of up to US$140 million, to support the inorganic expansion of CMI Alimentos (the "Project"). CMI Alimentos is the main business division of Corporación Multi Inversiones ("CMI"), one of the most important economic groups in Central America with operations in 9 countries. The economic activities of CMI Alimentos include the production of chicken, pork and derived products (Industria Pecuaria), the production of wheat flour, corn, pasta and cookies (Molinos Modernos), and the operation of fast food restaurants (Restaurantes de Centroamerica). Updated Project scope and objectiveThe proposed transaction consists of a senior loan by IDB Invest of up to US$50 million, with a 5-year term including a grace period of up to 1 year, (the "Loan"). The Loan will be used to finance fixed investments in restaurants in Guatemala, and in cattle industry in El Salvador and Honduras, , to continue expanding their operations, improving their productivity levels, and carry out environmental projects (the "Project"). CMI Alimentos is the main business division of Corporación Multi Inversiones ("CMI"), one of the most important economic groups in Central America with operations in 9 countries. The economic activities of CMI Alimentos include the production of chicken, and derived products (Industria Pecuaria), the production of wheat flour, corn, pasta and cookies (Molinos Modernos), and the operation of fast-food restaurants (Restaurantes de Centroamerica). IDB Invest CMI Alimentos IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Agribusiness 70000000 70000000 70000000 CMI Alimentos Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11749-07 IDB Invest The Project consists of supporting Banco Guayaquil (“BG”), as it issues its first social bond for Ecuador’s private sector. The total amount of the bond is up to US$30 million, and IDB Invest will take part as an investor, with a subscription of 100%. The proceeds from this medium-term social bond will be used to finance the Micro, Small, and Medium-sized enterprises (“MSMEs”) that are part of the microcredit portfolio under the “Banco del Barrio” (neighborhood bank) program and in the bank’s Small and Medium-sized Enterprises (“SME”) portfolio. Banco del Barrio is the nonbank correspondent financing system with the largest geographical reach in the country. The Project will mainly be focused on MSMEs located in the Ecuadorian cities most impacted by Covid-19. Technical assistance will also be provided for designing the conceptual framework of the bond issue, and a second party opinion will be included, pursuant to the Sustainable Development Goals (“SDGs”). The Project consists of supporting Banco Guayaquil (“BG”), as it issues its first social bond for Ecuador’s private sector. The total amount of the bond is up to US$30 million, and IDB Invest will take part as an investor, with a subscription of 100%. The proceeds from this medium-term social bond will be used to finance the Micro, Small, and Medium-sized enterprises (“MSMEs”) that are part of the microcredit portfolio under the “Banco del Barrio” (neighborhood bank) program and in the bank’s Small and Medium-sized Enterprises (“SME”) portfolio. Banco del Barrio is the nonbank correspondent financing system with the largest geographical reach in the country. The Project will mainly be focused on MSMEs located in the Ecuadorian cities most impacted by Covid-19. Technical assistance will also be provided for designing the conceptual framework of the bond issue, and a second party opinion will be included, pursuant to the Sustainable Development Goals (“SDGs”). IDB Invest Banco Guayaquil, S.A. IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 15000000 15000000 15000000 Guayaquil Social Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR3864A-01 / 11466-03 IDB Invest The Project consists of the construction, operation and maintenance of two solar power plants and any related facilities, with an installed capacity of 9.5MW each. The plants will use Korean Hanwa Q-Cells photovoltaic panels, mounted over fixed structures and connected to inverters to provide power to the 31.5 kV distribution line grid of the Administración Nacional de Usinas y Trasmisiones Eléctricas (UTE). The financial plan includes an IIC and Canadian Climate Fund (C2F) loan for 75% of the total cost of each Project (50% each entity). The Project will be sponsored by Solaria Energía y Medio Ambiente S.A., a Spanish company established in 2002 and listed on the Madrid Stock Exchange. The Project consists of the construction, operation and maintenance of two solar power plants and any related facilities, with an installed capacity of 9.5MW each. The plants will use Korean Hanwa Q-Cells photovoltaic panels, mounted over fixed structures and connected to inverters to provide power to the 31.5 kV distribution line grid of the Administración Nacional de Usinas y Trasmisiones Eléctricas (UTE). The financial plan includes an IIC and Canadian Climate Fund (C2F) loan for 75% of the total cost of each Project (50% each entity). The Project will be sponsored by Solaria Energía y Medio Ambiente S.A., a Spanish company established in 2002 and listed on the Madrid Stock Exchange. IDB Invest Natelu S.A. / Yarnel S.A. IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Energy 6100000 6100000 6100000 Natelu Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-UR3869A-01/ 11466-03 IDB Invest The Project consists of the construction, operation and maintenance of two solar power plants and any related facilities, with an installed capacity of 9.5MW each. The plants will use Korean Hanwa Q-Cells photovoltaic panels, mounted over fixed structures and connected to inverters to provide power to the 31.5 kV distribution line grid of the Administración Nacional de Usinas y Trasmisiones Eléctricas (UTE). The financial plan includes an IIC and Canadian Climate Fund (C2F) loan for 75% of the total cost of each Project (50% each entity). The Project will be sponsored by Solaria Energía y Medio Ambiente S.A., a Spanish company established in 2002 and listed on the Madrid Stock Exchange. The Project consists of the construction, operation and maintenance of two solar power plants and any related facilities, with an installed capacity of 9.5MW each. The plants will use Korean Hanwa Q-Cells photovoltaic panels, mounted over fixed structures and connected to inverters to provide power to the 31.5 kV distribution line grid of the Administración Nacional de Usinas y Trasmisiones Eléctricas (UTE). The financial plan includes an IIC and Canadian Climate Fund (C2F) loan for 75% of the total cost of each Project (50% each entity). The Project will be sponsored by Solaria Energía y Medio Ambiente S.A., a Spanish company established in 2002 and listed on the Madrid Stock Exchange. IDB Invest Natelu S.A. / Yarnel S.A. IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Energy 12800000 12800000 12800000 Yarnel Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12665-01 IDB Invest Scope of Environmental and Social Review. The environmental and social review of the proposed transaction was carried out through desk research, several client interviews, and a portfolio review. BBVA is an existing client of the IDB Group and has an Environmental and Social Management System (“ESMS”) in place. Through this transaction, IDB Invest is supporting BBVA to strengthen its ESMS and segment its portfolio to improve monitoring of the proposed green bond. Environmental and Social Categorization and Rationale. The proposed transaction is classified as an FI-2 per IIC´s Sustainability Policy. The sustainable bond is expected to contribute to more than five SDGs, with some of the underlying loans that will support by the sustainable bond: energy efficiency, sustainable construction, clean transportation, social housing, SMEs and micro‑enterprises, among others. The sub-loans will average between US$500 thousand and US$750 thousand. Category A sub-projects, representing corporate or project finance transactions, will be excluded. Environmental and Social (E&S) Risks and Impacts. The main E&S risks of this projects are associated with BBVA’s capacity to identify and manage the E&S risks associated with its lending activities. BBVA is improving its capacities and an Action Plan (see below) to enhance environmental and social management has been defined. The Environmental Social Health and Safety (“ESHS”) impacts and risks associated with loans to corporates and SMEs are likely to be moderate in nature. A review of BBVA’s human resources policies demonstrates compliance with Performance Standard 2. Mitigation Measures. BBVA has a short-form ESMS, which was created and is operated by its Risk Department. The ESMS includes a basic bank-defined exclusion list and informal designation of E&S responsibility within the risk department. There is strong commitment on the part of BBVA’s senior management to further formalize its sustainability strategy, policy, and operation of its ESMS. The Action Plan defined places priority on improvement of BBVA’s overall ESMS, formalization of procedures, enhanced due diligence in higher risk sectors, and capacity building, among others. The activities defined align with the wider use of proceeds defined in supporting BBVA with the issuance of its first Sustainability Bond. Environmental and Social Action Plan Activity Description Compliance Indicator Sustainability / Environmental Policy BBVA will formalize its commitment to E&S risk management and sustainability in the form of an environmental and social Policy. Senior Management sign off on bank‑wide Policy Enhanced ESMS BBVA will be required to work with a designated technical advisor to enhance its corporate-wide ESMS consistent with IDB Invest Requirements and IFC Performance Standard 1.[1] As part of this requirement, BBVA will form an ESMS/Sustainability committee (including credit risk, portfolio, and product development, among others) and assign a dedicated staff member / ESMS Manager to oversee enhancement and implementation of the ESMS. TOR for ESMS enhancement; updated ESMS Assignment or hiring environmental and social Analyst BBVA will hire (or assign) an environmental and social analysis, capable of (i) supporting the ESMS Manager; and (ii) providing technical analytical E&S support with regard to the review and due diligence of transactions with higher E&S risk. TOR for analyst position, and hired individual E&S capacity building Senior management, loan officers and credit analysts will be trained by the hired technical advisor on E&S management, the ESMS updates (to be undertaken by consultant), E&S risk management, and the IFC Performance Standards generally. Certificates of training completion (annual reporting for new personnel) Communication Plan / Mechanism BBVA will enhance its internal and external communication plan to include dissemination on its approach to sustainability, E&S risk management, and grievance response. Communication Plan [1] For a summary of the components of an ESMS, please see the IFC Interpretation Note for Financial Intermediaries. Contact Information For project inquiries, including environmental and social questions related to an IDB Invest transaction please contact the client (see “Investment Summary” tab), or IDB Invest using the email divulgacionpublica@iadb.org. As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism by writing to mecanismo@iadb.org or MICI@iadb.org, or calling +1(202) 623-3952. Scope of Environmental and Social Review. The environmental and social review of the proposed transaction was carried out through desk research, several client interviews, and a portfolio review. BBVA is an existing client of the IDB Group and has an Environmental and Social Management System (“ESMS”) in place. Through this transaction, IDB Invest is supporting BBVA to strengthen its ESMS and segment its portfolio to improve monitoring of the proposed green bond. Environmental and Social Categorization and Rationale. The proposed transaction is classified as an FI-2 per IIC´s Sustainability Policy. The sustainable bond is expected to contribute to more than five SDGs, with some of the underlying loans that will support by the sustainable bond: energy efficiency, sustainable construction, clean transportation, social housing, SMEs and micro‑enterprises, among others. The sub-loans will average between US$500 thousand and US$750 thousand. Category A sub-projects, representing corporate or project finance transactions, will be excluded. Environmental and Social (E&S) Risks and Impacts. The main E&S risks of this projects are associated with BBVA’s capacity to identify and manage the E&S risks associated with its lending activities. BBVA is improving its capacities and an Action Plan (see below) to enhance environmental and social management has been defined. The Environmental Social Health and Safety (“ESHS”) impacts and risks associated with loans to corporates and SMEs are likely to be moderate in nature. A review of BBVA’s human resources policies demonstrates compliance with Performance Standard 2. Mitigation Measures. BBVA has a short-form ESMS, which was created and is operated by its Risk Department. The ESMS includes a basic bank-defined exclusion list and informal designation of E&S responsibility within the risk department. There is strong commitment on the part of BBVA’s senior management to further formalize its sustainability strategy, policy, and operation of its ESMS. The Action Plan defined places priority on improvement of BBVA’s overall ESMS, formalization of procedures, enhanced due diligence in higher risk sectors, and capacity building, among others. The activities defined align with the wider use of proceeds defined in supporting BBVA with the issuance of its first Sustainability Bond. Environmental and Social Action Plan Activity Description Compliance Indicator Sustainability / Environmental Policy BBVA will formalize its commitment to E&S risk management and sustainability in the form of an environmental and social Policy. Senior Management sign off on bank‑wide Policy Enhanced ESMS BBVA will be required to work with a designated technical advisor to enhance its corporate-wide ESMS consistent with IDB Invest Requirements and IFC Performance Standard 1.[1] As part of this requirement, BBVA will form an ESMS/Sustainability committee (including credit risk, portfolio, and product development, among others) and assign a dedicated staff member / ESMS Manager to oversee enhancement and implementation of the ESMS. TOR for ESMS enhancement; updated ESMS Assignment or hiring environmental and social Analyst BBVA will hire (or assign) an environmental and social analysis, capable of (i) supporting the ESMS Manager; and (ii) providing technical analytical E&S support with regard to the review and due diligence of transactions with higher E&S risk. TOR for analyst position, and hired individual E&S capacity building Senior management, loan officers and credit analysts will be trained by the hired technical advisor on E&S management, the ESMS updates (to be undertaken by consultant), E&S risk management, and the IFC Performance Standards generally. Certificates of training completion (annual reporting for new personnel) Communication Plan / Mechanism BBVA will enhance its internal and external communication plan to include dissemination on its approach to sustainability, E&S risk management, and grievance response. Communication Plan [1] For a summary of the components of an ESMS, please see the IFC Interpretation Note for Financial Intermediaries. Contact Information For project inquiries, including environmental and social questions related to an IDB Invest transaction please contact the client (see “Investment Summary” tab), or IDB Invest using the email divulgacionpublica@iadb.org. As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism by writing to mecanismo@iadb.org or MICI@iadb.org, or calling +1(202) 623-3952. IDB Invest BBVA Uruguay S.A. IDB Invest Chiancone Stanham, Federico +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Financial Institutions 15000000 15000000 15000000 BBVA UR - Subordinated Sustainable Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13166-01 IDB Invest The project consists of a subscription of a social bond with a focus on gender for up to the equivalent in Colombian pesos to US$40 million, to be issued by a Colombian entity through an offer on Colombia’s Second Market. The issue will be divided into two series: (i) Series A, for the equivalent in Colombian pesos of up to US$ 20 million, which will be committed, and will have a term of up to 3 years with a bullet payment; and (ii) Series B, for the equivalent in Colombian pesos of up to US $ 20 million, which will be uncommitted and will have a term of up to 5 years. The proceeds from the issue will be used to grow the entity’s portfolio of loans aimed at women-led micro enterprises projects promoting gender equality in the country, in line with UNDP Sustainable Development Goal 5 on gender equality. A methodological framework will be developed setting eligibility criteria and reporting indicators to enable the proper selection and monitoring of projects to receive financing. IDB Invest will provide technical assistance to obtain a second party opinion confirming the suitability of the methodological framework. IDB Invest will also help the client build a gender-based commercial strategy. The project consists of a subscription of a social bond with a focus on gender for up to the equivalent in Colombian pesos to US$40 million, to be issued by a Colombian entity through an offer on Colombia’s Second Market. The issue will be divided into two series: (i) Series A, for the equivalent in Colombian pesos of up to US$ 20 million, which will be committed, and will have a term of up to 3 years with a bullet payment; and (ii) Series B, for the equivalent in Colombian pesos of up to US $ 20 million, which will be uncommitted and will have a term of up to 5 years. The proceeds from the issue will be used to grow the entity’s portfolio of loans aimed at women-led micro enterprises projects promoting gender equality in the country, in line with UNDP Sustainable Development Goal 5 on gender equality. A methodological framework will be developed setting eligibility criteria and reporting indicators to enable the proper selection and monitoring of projects to receive financing. IDB Invest will provide technical assistance to obtain a second party opinion confirming the suitability of the methodological framework. IDB Invest will also help the client build a gender-based commercial strategy. IDB Invest Capital Markets IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12951-01 IDB Invest The transaction consists of a guarantee of up to US$5 million to support the second closure of Urapi SLU (the “Fund”) until it reaches its target capitalization of US$50 million. The guarantee will be issued for a term of up to 15 years, matching the Fund’s time horizon. The Fund has a regional mandate, with a focus on agroforestry projects. The Fund was established to invest in projects to restore degraded lands. The Fund’s investments are formalized through special-purpose vehicles created for each project in the different countries where it invests. The special purpose vehicles, which are 100% funded by Urapi SLU, offer (i) equity investments in infrastructure for processing raw materials; (ii) investments in carbon credit sale and issue infrastructure; and (iii) financing for small producers to invest in their farms, improve land-use, and increase productivity. IDB Invest’s guarantee will partially cover the risk of nonpayment of this financing for the small producers. The transaction consists of a guarantee of up to US$5 million to support the second closure of Urapi SLU (the “Fund”) until it reaches its target capitalization of US$50 million. The guarantee will be issued for a term of up to 15 years, matching the Fund’s time horizon. The Fund has a regional mandate, with a focus on agroforestry projects. The Fund was established to invest in projects to restore degraded lands. The Fund’s investments are formalized through special-purpose vehicles created for each project in the different countries where it invests. The special purpose vehicles, which are 100% funded by Urapi SLU, offer (i) equity investments in infrastructure for processing raw materials; (ii) investments in carbon credit sale and issue infrastructure; and (iii) financing for small producers to invest in their farms, improve land-use, and increase productivity. IDB Invest’s guarantee will partially cover the risk of nonpayment of this financing for the small producers. IDB Invest Urapi Sustainable Land Use (“URAPI SLU”) IDB Invest Carvajo Lucena, Pilar +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Investment Funds Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12209-01 IDB Invest The San Bartolomé and Oibita hydroelectric projects (the “Project”) comprise the construction, operation and maintenance of two hydroelectric power plants in the municipalities of Oiba and Guapotá (approximately 149 km south of Bucaramanga) in the district of Santander. Both are run-of-the-river hydropower plants, with an installed capacity of 19.9 MW each that will together generate 280 GWh per year of clean energy. The projects will be connected to the National Interconnected System (SIN, for its acronym in Spanish) through an 11.4 km transmission line. The Project cost is estimated at one hundred and twenty million dollars (US$120 million). Construction began in September 2017 and will have an estimated duration of 32 months. The Project will contribute to increasing energy production in Colombia by (i) adding around 39.8 MW of renewable capacity or approximately 280 GWh/year to the national grid, which will decrease the possibility of an energy recession; (ii) reducing carbon emissions and; (iii) allowing for a greater participation of the private sector in energy generation in Colombia. The Project was declared as being of Public and Social Interest by the Ministry of Mining and Energy under Resolution 315 of November 10, 2016. Its execution is covered by Contract No. 001 of June 9, 2017, entered into by PCH SAN BARTOLOME SAS ESP and HMV Ingenieros Ltda.(HMV), in order to develop the Project either directly, through Servicios Ambientales y Geográficos SA (SAG) or its subcontractors (Consorcio Oibita). The San Bartolomé and Oibita hydroelectric projects (the “Project”) comprise the construction, operation and maintenance of two hydroelectric power plants in the municipalities of Oiba and Guapotá (approximately 149 km south of Bucaramanga) in the district of Santander. Both are run-of-the-river hydropower plants, with an installed capacity of 19.9 MW each that will together generate 280 GWh per year of clean energy. The projects will be connected to the National Interconnected System (SIN, for its acronym in Spanish) through an 11.4 km transmission line. The Project cost is estimated at one hundred and twenty million dollars (US$120 million). Construction began in September 2017 and will have an estimated duration of 32 months. The Project will contribute to increasing energy production in Colombia by (i) adding around 39.8 MW of renewable capacity or approximately 280 GWh/year to the national grid, which will decrease the possibility of an energy recession; (ii) reducing carbon emissions and; (iii) allowing for a greater participation of the private sector in energy generation in Colombia. The Project was declared as being of Public and Social Interest by the Ministry of Mining and Energy under Resolution 315 of November 10, 2016. Its execution is covered by Contract No. 001 of June 9, 2017, entered into by PCH SAN BARTOLOME SAS ESP and HMV Ingenieros Ltda.(HMV), in order to develop the Project either directly, through Servicios Ambientales y Geográficos SA (SAG) or its subcontractors (Consorcio Oibita). IDB Invest PCH San Bartolomé S.A.S. E.S.P. IDB Invest De Narvaez, Olga Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Energy 40000000 40000000 40000000 Hidroeléctrica San Bartolomé Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12167-03 IDB Invest The proposed financing consists of a senior loan to six of the main companies in the food division of Corporación Multi Inversiones ("CMI Alimentos") to ensure their short- and medium-term liquidity in the wake of the COVID-19 crisis, which will cover their working capital needs in 2020 and any fixed investments required for 2021. The proposed transaction is for up to US$75 million, of which US$50 million will be financed with funds from IDB Invest and US$25 million from the Chinese Co-financing Fund for Latin America administered by the IDB, with a 5-year term, including a one-year grace period. CMI Alimentos is one of the main foods and agribusiness economic groups in Central America, with operations in nine countries and almost 30,000 employees. CMI Alimentos' economic activities include the production of poultry, swine, and pork products, the production of wheat flour, corn, pasta, and cookies, and the operation of fast-food restaurants. Amendment on October 12, 2023: Complementary Environmental and Social Information was posted. The proposed financing consists of a senior loan to six of the main companies in the food division of Corporación Multi Inversiones ("CMI Alimentos") to ensure their short- and medium-term liquidity in the wake of the COVID-19 crisis, which will cover their working capital needs in 2020 and any fixed investments required for 2021. The proposed transaction is for up to US$75 million, of which US$50 million will be financed with funds from IDB Invest and US$25 million from the Chinese Co-financing Fund for Latin America administered by the IDB, with a 5-year term, including a one-year grace period. CMI Alimentos is one of the main foods and agribusiness economic groups in Central America, with operations in nine countries and almost 30,000 employees. CMI Alimentos' economic activities include the production of poultry, swine, and pork products, the production of wheat flour, corn, pasta, and cookies, and the operation of fast-food restaurants. Amendment on October 12, 2023: Complementary Environmental and Social Information was posted. IDB Invest Diversas empresas dentro de la división de alimentos de Corporación Multi inversiones (“CMI Alimentos”) IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Agribusiness 50000000 50000000 50000000 CMI Alimentos II Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12858-01 IDB Invest The Skyrail Bahia project (the "Project") consists of the design, building and operation of a 23.28km, 26 station monorail line in Salvador de Bahia (Phase I and Phase II) under the terms of a 35-year Public Private Partnership. Phase I is 19.2 km double line from Ilha de Sao Joao station to Comercio station. Phase I has 21 stations with an average interval of 0.9km. Phase II goes from Porto São Joaquim station to Acesso Norte station, with a total length of 4.08 km and four stations. A consortium formed by BYD and Metrogreen won the public tender in May 2018 and was awarded the Project under a PPP Agreement signed on February 2019 with the Office of Urban Development (SEDUR) of the State Government of Bahia. The IDB Group will provide financing to pay for CAPEX and other project costs during construction (estimated at US$842 MM) through a US$240 MM loan with an up to 20-year door-to-door tenor. The Project will improve the level of regional public transport services, establish large capacity public transport corridors in Salvador, strengthen the links between the urban areas of Salvador and establish cultural tourism brand in Salvador. The Skyrail Bahia project (the "Project") consists of the design, building and operation of a 23.28km, 26 station monorail line in Salvador de Bahia (Phase I and Phase II) under the terms of a 35-year Public Private Partnership. Phase I is 19.2 km double line from Ilha de Sao Joao station to Comercio station. Phase I has 21 stations with an average interval of 0.9km. Phase II goes from Porto São Joaquim station to Acesso Norte station, with a total length of 4.08 km and four stations. A consortium formed by BYD and Metrogreen won the public tender in May 2018 and was awarded the Project under a PPP Agreement signed on February 2019 with the Office of Urban Development (SEDUR) of the State Government of Bahia. The IDB Group will provide financing to pay for CAPEX and other project costs during construction (estimated at US$842 MM) through a US$240 MM loan with an up to 20-year door-to-door tenor. The Project will improve the level of regional public transport services, establish large capacity public transport corridors in Salvador, strengthen the links between the urban areas of Salvador and establish cultural tourism brand in Salvador. IDB Invest Metrogreen Skyrail Concessionária da Bahia S.A IDB Invest Chiaramonte, Federico Alessandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Transport 125000000 125000000 125000000 BYD Salvador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13150-01 IDB Invest The Project is aimed at providing Colombian company Alpha Capital, S.A.S. (“AlphaCredit”) with financing for an equivalent of up to US$ 40 million in Colombian pesos with a 5-year tenor and two years of grace and quarterly amortization. The transaction will be guaranteed by the Mexico-based company Alpha Holding, S.A. de C.V. The proceeds of the Project will be used to support AlphaCredit grow their credit line for the self-employed and pensioners in the healthcare and education sectors, etc. They are also meant to support their small- and medium-sized enterprise (“SMEs”) portfolio in Colombia. IDB Invest will support the Project with technical assistance to identify service additionalities. The Project is aimed at providing Colombian company Alpha Capital, S.A.S. (“AlphaCredit”) with financing for an equivalent of up to US$ 40 million in Colombian pesos with a 5-year tenor and two years of grace and quarterly amortization. The transaction will be guaranteed by the Mexico-based company Alpha Holding, S.A. de C.V. The proceeds of the Project will be used to support AlphaCredit grow their credit line for the self-employed and pensioners in the healthcare and education sectors, etc. They are also meant to support their small- and medium-sized enterprise (“SMEs”) portfolio in Colombia. IDB Invest will support the Project with technical assistance to identify service additionalities. IDB Invest Alpha Capital, S.A.S. (Guaranteed by Alpha Holding, S.A. de C.V.) IDB Invest Piffaretti, Pablo Eduardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13133-01 IDB Invest The proposed financing for Banco Compartamos, S.A., I.B.M. ("Banco Compartamos") contemplates a senior unsecured loan for an amount to be denominated in MXN of up to the equivalent of US$50 million (the “Project” or the “Financing”) with an up to four-year tenor and a one-year grace period. This financing will be funded as follows: (i) an amount to be denominated in MXN for up to the equivalent of US$17.5 million to be funded by IDB Invest; and (ii) an amount to be denominated in MXN for up to the equivalent of US$32.5 million to be funded by the IDB. The Financing resources will help Banco Compartamos grow its productive microfinance portfolio towards Micro and Small Enterprises (“MSEs”), with a focus on gender finance. The project could be complemented with Advisory Services ("AS") focused on increasing the adoption and use of the digital tools and solutions to its clients. The proposed financing for Banco Compartamos, S.A., I.B.M. ("Banco Compartamos") contemplates a senior unsecured loan for an amount to be denominated in MXN of up to the equivalent of US$50 million (the “Project” or the “Financing”) with an up to four-year tenor and a one-year grace period. This financing will be funded as follows: (i) an amount to be denominated in MXN for up to the equivalent of US$17.5 million to be funded by IDB Invest; and (ii) an amount to be denominated in MXN for up to the equivalent of US$32.5 million to be funded by the IDB. The Financing resources will help Banco Compartamos grow its productive microfinance portfolio towards Micro and Small Enterprises (“MSEs”), with a focus on gender finance. The project could be complemented with Advisory Services ("AS") focused on increasing the adoption and use of the digital tools and solutions to its clients. IDB Invest Banco Compartamos, S.A., I.B.M. IDB Invest Joya Silva, Sindy Elena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 17500000 17500000 17500000 Banco Compartamos - Financial Inclusion Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13191-01 IDB Invest Elementia S.A.B. de C.V. (“Elementia” or “the Company”) has requested IDB Invest's financial assistance to set up an uncommitted revolving credit facility (the "Facility") to finance its suppliers through the acquisition of collection rights (the "Project" or the "Operation"). The Operation includes accounts receivable whose payment will be deferred due to the exceptional measures taken by the Company to mitigate the impact of COVID-19 on its input suppliers. ==================================================== ADDENDUM #1: On July 8, 2021, the publication was revised to include Colombia, El Salvador, Honduras, and Perú for the use of funds. ADDENDUM #2: August 9, 2023: In 2022, as the result of a spin-off of Elementia S.A.B. de C.V. in two companies: i) ELEMENTIA MATERIALES; and ii) FORTALEZA MATERIALES. Therefore, the ESRS was updated and uploaded. Elementia S.A.B. de C.V. (“Elementia” or “the Company”) has requested IDB Invest's financial assistance to set up an uncommitted revolving credit facility (the "Facility") to finance its suppliers through the acquisition of collection rights (the "Project" or the "Operation"). The Operation includes accounts receivable whose payment will be deferred due to the exceptional measures taken by the Company to mitigate the impact of COVID-19 on its input suppliers. ==================================================== ADDENDUM #1: On July 8, 2021, the publication was revised to include Colombia, El Salvador, Honduras, and Perú for the use of funds. ADDENDUM #2: August 9, 2023: In 2022, as the result of a spin-off of Elementia S.A.B. de C.V. in two companies: i) ELEMENTIA MATERIALES; and ii) FORTALEZA MATERIALES. Therefore, the ESRS was updated and uploaded. IDB Invest Elementia S.A.B. de C.V. IDB Invest Baltazar Vazquez, Lucia Adriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Manufacturing 70000000 70000000 70000000 Elementia Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13209-01 IDB Invest Grupo Kuo - Financiamiento Cadena de Valor Grupo Kuo - Financiamiento Cadena de Valor IDB Invest Grupo KUO, S.A.B. de C.V. IDB Invest Baltazar Vazquez, Lucia Adriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 51140000 51140000 51140000 Grupo Kuo - Financiamiento Cadena de Valor Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES3419A-01 IDB Invest The proceeds of this IIC loan to Davivienda ES will be used to provide financing to eligible small and medium-sized enterprises (SMEs) in El Salvador in various sectors of its economy. The financial institution was established as a public bank and was one of the first banks of any kind in the country. It led the way in establishing and developing the Salvadorian financial system and was responsible for issuing the national currency. Toward the beginning of 2006, it was acquired by the Banistmo group. By the end of that year, the Banistmo group was itself acquired by the international financial group HSBC, which changed the bank’s name to to Banco HSBC Salvadoreño. Finally, in 2012, the bank was acquired by Colombia-based Banco Davivienda and became Banco Davivienda Salvadoreño S.A., or Davivienda El Salvador, currently the second largest bank in the local financial system in terms of assets. Davivienda ES has 57 branches throughout the country, 11 in-house mini branches for corporate clients, 12 express branches, a mortgage lending center, and 255 automatic teller machines. The proceeds of this IIC loan to Davivienda ES will be used to provide financing to eligible small and medium-sized enterprises (SMEs) in El Salvador in various sectors of its economy. The financial institution was established as a public bank and was one of the first banks of any kind in the country. It led the way in establishing and developing the Salvadorian financial system and was responsible for issuing the national currency. Toward the beginning of 2006, it was acquired by the Banistmo group. By the end of that year, the Banistmo group was itself acquired by the international financial group HSBC, which changed the bank’s name to to Banco HSBC Salvadoreño. Finally, in 2012, the bank was acquired by Colombia-based Banco Davivienda and became Banco Davivienda Salvadoreño S.A., or Davivienda El Salvador, currently the second largest bank in the local financial system in terms of assets. Davivienda ES has 57 branches throughout the country, 11 in-house mini branches for corporate clients, 12 express branches, a mortgage lending center, and 255 automatic teller machines. IDB Invest Banco Davivienda Salvadoreño, S.A. IDB Invest Rincon, Margarita Adriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions 10000000 10000000 10000000 Banco Davivienda Salvadoreño, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13117-01 IDB Invest The transaction consists of an uncommitted revolving multi-currency credit facility (US$/MXN) for five years up to US$16.2 million, where IDB Invest will extend financing to the Companies with 180 days term (the “Facility”). This transaction is aligned with the efforts to “accelerate” defined in the IDB Invest Response to COVID-19 (CII/GN-419), by supporting a major Mexican processed products company to maintain the fluidity of transactions within its supply chain to accelerate your growth strategy. The Borrowers will use IDB Invest funds to finance the import of commodities (peanuts, seeds, fruits, cereals, and the purchase of other raw materials) from eligible suppliers. The structure includes the presentation of shipping documentation in order to ensure the correct use of funds. The transaction consists of an uncommitted revolving multi-currency credit facility (US$/MXN) for five years up to US$16.2 million, where IDB Invest will extend financing to the Companies with 180 days term (the “Facility”). This transaction is aligned with the efforts to “accelerate” defined in the IDB Invest Response to COVID-19 (CII/GN-419), by supporting a major Mexican processed products company to maintain the fluidity of transactions within its supply chain to accelerate your growth strategy. The Borrowers will use IDB Invest funds to finance the import of commodities (peanuts, seeds, fruits, cereals, and the purchase of other raw materials) from eligible suppliers. The structure includes the presentation of shipping documentation in order to ensure the correct use of funds. IDB Invest Naturasol S.A. de C.V. y Mielmex S.A. de C.V. IDB Invest Aguirre Hernandez, Alma Iliana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 16200000 16200000 16200000 Naturasol Capital de Trabajo Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13181-01 IDB Invest 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. IDB Invest Grupo Gepp, S.A.P.I. de C.V. (“GEPP”) IDB Invest Fernandez Fernandez, Martha +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 55728200 55728200 55728200 GEPP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13065-01 IDB Invest The proposed transaction with Home Mortgage Bank (“HMB”) consists of a senior secured financing of up to TT$250 million with a tenor of up to 5 years, to be funded by IDB Invest. One of the mandates of HMB is to develop the secondary mortgage market. Through the use of proceeds, the IDB Invest’s role will be to support and finance the continued growth and development of the housing finance industry in Trinidad and Tobago. The proposed transaction with Home Mortgage Bank (“HMB”) consists of a senior secured financing of up to TT$250 million with a tenor of up to 5 years, to be funded by IDB Invest. One of the mandates of HMB is to develop the secondary mortgage market. Through the use of proceeds, the IDB Invest’s role will be to support and finance the continued growth and development of the housing finance industry in Trinidad and Tobago. IDB Invest Home Mortgage Bank IDB Invest Domenech Pina, Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Trinidad and Tobago Trinidad and Tobago Financial Institutions 36816100 36816100 36816100 Home Mortgage Bank Loan Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13062-01 IDB Invest Kuldipsingh Port Facility N.V, (“KPF”) the operator of a privately owned port (the “Port”) in Paramaribo, Suriname, to fund certain capital expenditures of the Port, including the expansion of the port’s jetty by 180 meters (from 220m to 400m), land development and the reimbursement to sister companies for expenditures undertaken (the “Project” or the “Operation”). KPF operates a cargo terminal and is mainly focused on export of logs, providing logistic services to support the oil & gas industry (offshore) and import of construction materials. The terminal has an open storage yard for logs and a warehouse for construction materials and products related with gold mining operations. Kuldipsingh Port Facility N.V, (“KPF”) the operator of a privately owned port (the “Port”) in Paramaribo, Suriname, to fund certain capital expenditures of the Port, including the expansion of the port’s jetty by 180 meters (from 220m to 400m), land development and the reimbursement to sister companies for expenditures undertaken (the “Project” or the “Operation”). KPF operates a cargo terminal and is mainly focused on export of logs, providing logistic services to support the oil & gas industry (offshore) and import of construction materials. The terminal has an open storage yard for logs and a warehouse for construction materials and products related with gold mining operations. IDB Invest Kuldipsingh Port Facility N.V. IDB Invest Small, Charlene Marie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Suriname Suriname Transport 14500000 14500000 14500000 Kuldipsingh Port Expansion Project, Suriname Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11834-02 IDB Invest The proposed transaction consists of unsecured financing to Atlantic Bank Limited (“Atlantic Bank” or the “Bank”) denominated in US dollars (“US$”) for up to US$20 million; to be financed by IDB and IDB Invest (the “Project”). The Project’s objective is to assist Atlantic Bank to improve access to funding for Small and Medium-sized Enterprises (“SMEs”) mainly in the tourism sector. The proposed transaction consists of unsecured financing to Atlantic Bank Limited (“Atlantic Bank” or the “Bank”) denominated in US dollars (“US$”) for up to US$20 million; to be financed by IDB and IDB Invest (the “Project”). The Project’s objective is to assist Atlantic Bank to improve access to funding for Small and Medium-sized Enterprises (“SMEs”) mainly in the tourism sector. IDB Invest Atlantic Bank Limited IDB Invest Joya Silva, Sindy Elena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Belize Belize Financial Institutions 20000000 20000000 20000000 Atlantic Bank Tourism Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11363-06 IDB Invest The Project aims to finance Small and Medium-sized Enterprises (“SMEs”) through factoring and financial leasing operations in Chile. The proposed operation consists of a credit facility for approximately US$100 million. The loan will have a tenor for up to five years, and consisting of: (i) an A Loan of up to US$40 million to be financed by IDB Invest; ii) a co-loan of up to US$20 million; and (iii) a B Loan of up to US$40 million to be financed by participating investors. The project will also enable Tanner to expand the financial services it offers to its clients, diversify its sources of financing, and, at the same time, improve the structure of its assets and liabilities. The Project aims to finance Small and Medium-sized Enterprises (“SMEs”) through factoring and financial leasing operations in Chile. The proposed operation consists of a credit facility for approximately US$100 million. The loan will have a tenor for up to five years, and consisting of: (i) an A Loan of up to US$40 million to be financed by IDB Invest; ii) a co-loan of up to US$20 million; and (iii) a B Loan of up to US$40 million to be financed by participating investors. The project will also enable Tanner to expand the financial services it offers to its clients, diversify its sources of financing, and, at the same time, improve the structure of its assets and liabilities. IDB Invest Tanner Servicios Financieros S.A. IDB Invest Patti, Lucila Andrea +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 36000000 36000000 36000000 Tanner factoring and leasing SMES II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11895-05 IDB Invest The Autopista al Mar 1 (the Project) is one of the Colombian national government’s fourth generation (4G) road concession projects. The Project, with plans to intervene in approximately 76 kilometers of highway, is located in the department of Antioquia, Colombia. It starts at the Western Fernando Gómez Martínez tunnel, passes through the municipalities of Medellín, San Jerónimo, Sopetrán, and Santafé in Antioquia and continues on until reaching Cañasgordas and Salgar in western Antioquia. It provides for the construction of 41 bridges and one tunnel and includes: i) improvement of the existing lane and construction of a second lane in the Medellín - Santa Fe section in Antioquia (33 km); ii) construction of the 5 kilometer second tube of the Western Tunnel; iii) rehabilitation of the Bolombolo - Santa Fe section in Antioquia (62 km); and iv) operation and maintenance of the roadway between Santa Fe in Antioquia to Cañasgordas (66 km). The Project has been divided into four Functional Units (unidades funcionales - UFs): i) UF1 Western Tunnel – San Jerónimo, which extends for 19 kilometers, with plans to improve the current lane and construct a second lane; ii) UF2, which extends for 76 kilometers and has been divided into two sections: UF2.1, which extends for 14 kilometers, with plans to improve the current lane and construct a second lane between San Jerónimo and Santa Fe in Antioquia; and UF2.2 which corresponds to the Santa Fe de Antioquia – Cañas Gordas section with plans for the operation and maintenance of 62 kilometers of current road and rehabilitation of the 25 kilometer section between Cañasgordas and Cativo; iii) UF3, the Aburrá Cauca road connection – Western Tunnel section connection, with plans to construct the second tube of the Western Tunnel and its access roads (5 km) and the operation and maintenance of the tunnel and existing road (10 km); and UF4, which also been divided into four sections: UF4.1 with plans for the rehabilitation of the existing road and improvement of the bridge over the San Juan river (5 km) between the Bolombolo Crossroad and the bridge over the San Juan river (Peñalisa); and UF4.2, with plans for rehabilitation of the existing 66 kilometer road between Bolombolo and Santa Fe in Antioquia. Once completed, the Project will improve mobility and competitiveness between the city of Medellín and the country’s main road concessions, uniting them with the main commercial trade centers like the Caribbean coast (Urabá, Antioquia) and the Pacific coast (Buenaventura). IDB Invest's participation will help to supplement long-term financing, in collaboration with international commercial banks and local banks providing funds in dollars and Colombian pesos. The Autopista al Mar 1 (the Project) is one of the Colombian national government’s fourth generation (4G) road concession projects. The Project, with plans to intervene in approximately 76 kilometers of highway, is located in the department of Antioquia, Colombia. It starts at the Western Fernando Gómez Martínez tunnel, passes through the municipalities of Medellín, San Jerónimo, Sopetrán, and Santafé in Antioquia and continues on until reaching Cañasgordas and Salgar in western Antioquia. It provides for the construction of 41 bridges and one tunnel and includes: i) improvement of the existing lane and construction of a second lane in the Medellín - Santa Fe section in Antioquia (33 km); ii) construction of the 5 kilometer second tube of the Western Tunnel; iii) rehabilitation of the Bolombolo - Santa Fe section in Antioquia (62 km); and iv) operation and maintenance of the roadway between Santa Fe in Antioquia to Cañasgordas (66 km). The Project has been divided into four Functional Units (unidades funcionales - UFs): i) UF1 Western Tunnel – San Jerónimo, which extends for 19 kilometers, with plans to improve the current lane and construct a second lane; ii) UF2, which extends for 76 kilometers and has been divided into two sections: UF2.1, which extends for 14 kilometers, with plans to improve the current lane and construct a second lane between San Jerónimo and Santa Fe in Antioquia; and UF2.2 which corresponds to the Santa Fe de Antioquia – Cañas Gordas section with plans for the operation and maintenance of 62 kilometers of current road and rehabilitation of the 25 kilometer section between Cañasgordas and Cativo; iii) UF3, the Aburrá Cauca road connection – Western Tunnel section connection, with plans to construct the second tube of the Western Tunnel and its access roads (5 km) and the operation and maintenance of the tunnel and existing road (10 km); and UF4, which also been divided into four sections: UF4.1 with plans for the rehabilitation of the existing road and improvement of the bridge over the San Juan river (5 km) between the Bolombolo Crossroad and the bridge over the San Juan river (Peñalisa); and UF4.2, with plans for rehabilitation of the existing 66 kilometer road between Bolombolo and Santa Fe in Antioquia. Once completed, the Project will improve mobility and competitiveness between the city of Medellín and the country’s main road concessions, uniting them with the main commercial trade centers like the Caribbean coast (Urabá, Antioquia) and the Pacific coast (Buenaventura). IDB Invest's participation will help to supplement long-term financing, in collaboration with international commercial banks and local banks providing funds in dollars and Colombian pesos. IDB Invest Desarrollo Vial al Mar S.A.S (DEVIMAR) IDB Invest Yan, Shanyue +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Transport 41595000 41595000 41595000 Autopista al Mar 1 Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11803-04 IDB Invest The proposed operation includes: a partial credit guarantee of up to 28.5 billion Guaraníes (“PYG”) to be issued in favor of the Instituto de Previsión Social (“IPS”). IPS will provide a loan in Guaraníes to Banco Familiar S.A.E.C.A. (the “Loan”) for up to PYG27 billion, and the Inter American Investment Corporation (“IIC”) will grant a guarantee in favor of IPS covering the credit risk of Banco Familiar (“Guarantee”) under the Loan. The IPS disbursement will be made through a Trust Manager, Agencia Financiera de Desarrollo, through whom IPS will receive payments for the Loan. The Loan will have a term of up to five years, with a grace period of up to two years, and semi-annual amortization. The use of funds for the Loan will be to finance small and medium enterprises (“SMEs”) in the productive sector of Paraguay. The proposed operation includes: a partial credit guarantee of up to 28.5 billion Guaraníes (“PYG”) to be issued in favor of the Instituto de Previsión Social (“IPS”). IPS will provide a loan in Guaraníes to Banco Familiar S.A.E.C.A. (the “Loan”) for up to PYG27 billion, and the Inter American Investment Corporation (“IIC”) will grant a guarantee in favor of IPS covering the credit risk of Banco Familiar (“Guarantee”) under the Loan. The IPS disbursement will be made through a Trust Manager, Agencia Financiera de Desarrollo, through whom IPS will receive payments for the Loan. The Loan will have a term of up to five years, with a grace period of up to two years, and semi-annual amortization. The use of funds for the Loan will be to finance small and medium enterprises (“SMEs”) in the productive sector of Paraguay. IDB Invest Banco Familiar S.A.E.C.A. IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 5000040 5000040 5000040 Banco Familiar SME Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12204-01 IDB Invest The Project consists of a guarantee for up to TTD 203 million Trinidadian dollars (“TTD”), equivalent to US$30 million, to support a TTD670 million bond issuance by TTMF. TTMF provides residential mortgages to buy houses, land, home improvement, and home equity. The IDB Invest’s role will be to issue a Partial Credit Guarantee (“PCG”), for 30%-50% of the total bond issuance, with the goal of improving the rating profile for the TTMF bond. The bond will have a five-year tenor. TTMF focuses on providing affordable residential mortgage financing in Trinidad and Tobago. As a not deposit taking institution, TTMF relies primarily on bonds to fund its lending operations. The proposed project will be approved under the following delegated facility: “Debt Capital Markets Program.” The Project consists of a guarantee for up to TTD 203 million Trinidadian dollars (“TTD”), equivalent to US$30 million, to support a TTD670 million bond issuance by TTMF. TTMF provides residential mortgages to buy houses, land, home improvement, and home equity. The IDB Invest’s role will be to issue a Partial Credit Guarantee (“PCG”), for 30%-50% of the total bond issuance, with the goal of improving the rating profile for the TTMF bond. The bond will have a five-year tenor. TTMF focuses on providing affordable residential mortgage financing in Trinidad and Tobago. As a not deposit taking institution, TTMF relies primarily on bonds to fund its lending operations. The proposed project will be approved under the following delegated facility: “Debt Capital Markets Program.” IDB Invest Trinidad and Tobago Mortgage Finance Company (“TTMF”) IDB Invest Domenech Pina, Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Trinidad and Tobago Trinidad and Tobago Financial Institutions 201000000 201000000 201000000 TTMF–IDB Invest Housing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13069-01 IDB Invest The proposed transaction consists of a loan to Companhia de Saneamento Básico do Estado de São Paulo (Sabesp) S.A. (“Sabesp”) in support of the installation of: (i) five water quality restoration units for use in informal areas (“URQs”) in the Pinheiros River basin, specifically: URQ Jaguaré, URQ Antonico, URQ Pirajussara, URQ Água Espraiada and URQ Cachoeira; and (ii) up to 32 small solar power plants (“UFVs”) with power ratings below 5 MWp and a total of 73 MW of installed capacity, to be installed in areas of the state of São Paulo where Sabesp has operations, thereby contributing to the expansion of production of renewable energy and diversification of the Company’s energy matrix (the “Project”). The URQs will be installed in the Pinheiros River basin, in a densely populated and heterogeneous urban environment. The selected sites are near low-income neighborhoods and areas with informal settlements, where the installation of sanitary sewer system would be unfeasible due to the extreme complexity of the actions that would have to be taken as well as the impossibility of constructing central sewers and mains at those sites. The UFVs, however, will be installed in Sabesp operating areas in the interior of São Paulo State. Most of these areas already have wastewater treatment plants (WWTPs) of the stabilization pond type and idle tracts of land available that are suitable for installation of UFVs. This means that the Project will contribute to the reduction of pollutant loads originating in sites that lack sewer systems and will improve environmental quality in the Pinheiros River basin. The project will also increase the energy efficiency of Sabesp as a whole. The UFVs will be able to supply approximately 60 percent of the power consumed at low voltage, or 4.5% of all electricity used at the Company, thereby curbing greenhouse gas emissions associated with use of electric power. The proposed transaction consists of a loan to Companhia de Saneamento Básico do Estado de São Paulo (Sabesp) S.A. (“Sabesp”) in support of the installation of: (i) five water quality restoration units for use in informal areas (“URQs”) in the Pinheiros River basin, specifically: URQ Jaguaré, URQ Antonico, URQ Pirajussara, URQ Água Espraiada and URQ Cachoeira; and (ii) up to 32 small solar power plants (“UFVs”) with power ratings below 5 MWp and a total of 73 MW of installed capacity, to be installed in areas of the state of São Paulo where Sabesp has operations, thereby contributing to the expansion of production of renewable energy and diversification of the Company’s energy matrix (the “Project”). The URQs will be installed in the Pinheiros River basin, in a densely populated and heterogeneous urban environment. The selected sites are near low-income neighborhoods and areas with informal settlements, where the installation of sanitary sewer system would be unfeasible due to the extreme complexity of the actions that would have to be taken as well as the impossibility of constructing central sewers and mains at those sites. The UFVs, however, will be installed in Sabesp operating areas in the interior of São Paulo State. Most of these areas already have wastewater treatment plants (WWTPs) of the stabilization pond type and idle tracts of land available that are suitable for installation of UFVs. This means that the Project will contribute to the reduction of pollutant loads originating in sites that lack sewer systems and will improve environmental quality in the Pinheiros River basin. The project will also increase the energy efficiency of Sabesp as a whole. The UFVs will be able to supply approximately 60 percent of the power consumed at low voltage, or 4.5% of all electricity used at the Company, thereby curbing greenhouse gas emissions associated with use of electric power. IDB Invest Companhia de Saneamento Básico do Estado de São Paulo (Sabesp) IDB Invest Cabral Da Silva Porto, Adriane +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Water and Sanitation Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13102-01 IDB Invest The proposed financing consists of an equity investment in Ku-bo Financiero, S.A. de C.V., S.F.P. ("Kubo" or the "Company") of up to the Mexican peso equivalent of US$10 million. Kubo is a microfinance company with primarily digital operations that is regulated by the Mexican National Banking and Securities Commission. The Company offers loan, deposit and payment products through its online platform. IDB Invest's investment will consist of a subscription of the preferred shares to be issued by Kubo (the "Financing"). The Financing will serve as a stimulus to develop the fintech industry in Latin America and the Caribbean. The investment in Kubo will have strong financial additionality, as it will bolster the capital base to support the Company's growth, strengthen its IT systems and implement marketing strategies. Financing could be complemented with advisory services focused on creating inclusive financing products for Micro, Small and Medium Enterprises (“MSMEs”) and developing an alternative credit analysis system. The proposed financing consists of an equity investment in Ku-bo Financiero, S.A. de C.V., S.F.P. ("Kubo" or the "Company") of up to the Mexican peso equivalent of US$10 million. Kubo is a microfinance company with primarily digital operations that is regulated by the Mexican National Banking and Securities Commission. The Company offers loan, deposit and payment products through its online platform. IDB Invest's investment will consist of a subscription of the preferred shares to be issued by Kubo (the "Financing"). The Financing will serve as a stimulus to develop the fintech industry in Latin America and the Caribbean. The investment in Kubo will have strong financial additionality, as it will bolster the capital base to support the Company's growth, strengthen its IT systems and implement marketing strategies. Financing could be complemented with advisory services focused on creating inclusive financing products for Micro, Small and Medium Enterprises (“MSMEs”) and developing an alternative credit analysis system. IDB Invest Ku-bo Financiero, S.A. de C.V., S.F.P. IDB Invest Piffaretti, Pablo Eduardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 10000000 10000000 10000000 Kubo Financiero Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12856-1 IDB Invest 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 Sacyr Construcción México S.A. De C.V. and Sacyr Alvarga Hospital Acuña S.A.P.I. de C.V. Suppliers (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 6 additional years. The Financing will provide Sacyr suppliers an innovative alternative solution to finance its 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 Sacyr 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 Sacyr Construcción México S.A. De C.V. and Sacyr Alvarga Hospital Acuña S.A.P.I. de C.V. Suppliers (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 6 additional years. The Financing will provide Sacyr suppliers an innovative alternative solution to finance its 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 Sacyr 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. IDB Invest Sacyr Construcción S.A.U. IDB Invest Brian Blakely +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Transport 20000000 20000000 20000000 Facilidad para el Financiamiento de Cadenas Productivas de Sacyr Construcción (México, Chile, Colombia, Paraguay y Perú) Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13186-01 IDB Invest IDB Invest is considering a US$10 million senior loan facility to Portland Caribbean Fund II (“PCF II” or the “Fund”) to provide support for its portfolio companies impacted by the COVID-19 crisis (the “Facility”). The Facility will have a 3.5-year life to coincide with the remaining life of the Fund. PCF II is a 2014 vintage private equity fund, concentrating on growth equity in the Caribbean. IDB Invest is an existing limited partner in the Fund. The Fund has been fully invested in 10 investments diversified across several industries and countries in the region. The severe economic impact of the pandemic on these largely tourism and commodity dependent economies has decimated traditional funding sources. The proceeds of this senior facility will be used to cover working capital needs due to reduced economic activity, finance capital expenditure required to conform to new regulations associated with physical distancing protocols, provide funding for the restart of operations post-pandemic, and improve sustainability and resiliency in the region. The Facility will serve to defend value built in the Fund’s portfolio, and indirectly protect the approximately 20,000 employees of the Fund’s portfolio companies. IDB Invest is considering a US$10 million senior loan facility to Portland Caribbean Fund II (“PCF II” or the “Fund”) to provide support for its portfolio companies impacted by the COVID-19 crisis (the “Facility”). The Facility will have a 3.5-year life to coincide with the remaining life of the Fund. PCF II is a 2014 vintage private equity fund, concentrating on growth equity in the Caribbean. IDB Invest is an existing limited partner in the Fund. The Fund has been fully invested in 10 investments diversified across several industries and countries in the region. The severe economic impact of the pandemic on these largely tourism and commodity dependent economies has decimated traditional funding sources. The proceeds of this senior facility will be used to cover working capital needs due to reduced economic activity, finance capital expenditure required to conform to new regulations associated with physical distancing protocols, provide funding for the restart of operations post-pandemic, and improve sustainability and resiliency in the region. The Facility will serve to defend value built in the Fund’s portfolio, and indirectly protect the approximately 20,000 employees of the Fund’s portfolio companies. IDB Invest Portland Caribbean Fund II IDB Invest Espinoza Diaz, Jose Alejandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 10000000 10000000 10000000 Portland - Covid19 Facility Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12165-01 IDB Invest The Inter-American Investment Corporation (“IDB Invest”) is considering providing a long-term loan to West Indies Energy Company (“WINECO” or the “Company”), that will be used to (i) refinance WINECO’s existing loan with IDB Invest; and (ii) expand WINECO’s fuel unloading and storage capacity through the construction of (a) an additional 12.5 meter pier, (b) the improvement of the jetty infrastructure to accommodate larger vessels and to speed up discharge into the storage tanks and (c) two additional 4,000,000 gallon fuel storage tanks and its associated facilities located in Port-au-Prince, (the “Project”). The total estimated cost of the Project is US$ 12.0 – 14.0 million. WINECO is a liquid terminal that provides intake from vessels, storage and distribution by trucks or pipeline of bulk liquids ranging from petroleum products to industrial chemicals and edible cooking oils. WINECO is the largest petroleum and liquid bulk storage and handling facility in Haiti, with storage capacity of approximately 1 million barrels, spread over 20 tanks located adjacent to the port facilities owned by Terminal Varreux S.A., (“TEVASA”), a related company. The Inter-American Investment Corporation (“IDB Invest”) is considering providing a long-term loan to West Indies Energy Company (“WINECO” or the “Company”), that will be used to (i) refinance WINECO’s existing loan with IDB Invest; and (ii) expand WINECO’s fuel unloading and storage capacity through the construction of (a) an additional 12.5 meter pier, (b) the improvement of the jetty infrastructure to accommodate larger vessels and to speed up discharge into the storage tanks and (c) two additional 4,000,000 gallon fuel storage tanks and its associated facilities located in Port-au-Prince, (the “Project”). The total estimated cost of the Project is US$ 12.0 – 14.0 million. WINECO is a liquid terminal that provides intake from vessels, storage and distribution by trucks or pipeline of bulk liquids ranging from petroleum products to industrial chemicals and edible cooking oils. WINECO is the largest petroleum and liquid bulk storage and handling facility in Haiti, with storage capacity of approximately 1 million barrels, spread over 20 tanks located adjacent to the port facilities owned by Terminal Varreux S.A., (“TEVASA”), a related company. IDB Invest West Indies Company S.A. - WINECO IDB Invest Fernandez Alvarez de Lugo, Monica +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Haiti Haiti Energy 5700000 5700000 5700000 WINECO 2 Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12114-03 IDB Invest The project consists of a subordinated loan with a parallel financing component of up to US$420 million to a Colombian entity, with a term of up to 10 years and a purchase option at year 5. The subordinated loan is expected to be comprised as follows: (i) an IDB Invest loan of up to US$100 million; (ii) a loan of up to US$50 million financed by IDB Invest in its capacity as administrator of the Chinese Cofinancing Fund for Latin America and the Caribbean (“China Fund”); (iii) a parallel loan of up to US$250 million financed by the U.S. International Development Finance Corporation (“DFC”); and (iv) a parallel loan of up to US$20 million from the Development Finance Institute Canada (“DFIC”). The project will also include a subordinated loan with Blended Finance resources from the Canadian Climate Fund for the Private Sector in Latin America and the Caribbean - Phase II (“C2F”) for up to US$20 million, with the purpose of incentivizing better climate change risk analysis at the bank’s level and increasing its funding for green projects. The goal of this financing is to strengthen the capital base of the Colombian financial entity and support access to financing for small and medium-sized enterprises (SMEs) by making lines of credit available to alleviate the effects of the current COVID-19 situation. The project consists of a subordinated loan with a parallel financing component of up to US$420 million to a Colombian entity, with a term of up to 10 years and a purchase option at year 5. The subordinated loan is expected to be comprised as follows: (i) an IDB Invest loan of up to US$100 million; (ii) a loan of up to US$50 million financed by IDB Invest in its capacity as administrator of the Chinese Cofinancing Fund for Latin America and the Caribbean (“China Fund”); (iii) a parallel loan of up to US$250 million financed by the U.S. International Development Finance Corporation (“DFC”); and (iv) a parallel loan of up to US$20 million from the Development Finance Institute Canada (“DFIC”). The project will also include a subordinated loan with Blended Finance resources from the Canadian Climate Fund for the Private Sector in Latin America and the Caribbean - Phase II (“C2F”) for up to US$20 million, with the purpose of incentivizing better climate change risk analysis at the bank’s level and increasing its funding for green projects. The goal of this financing is to strengthen the capital base of the Colombian financial entity and support access to financing for small and medium-sized enterprises (SMEs) by making lines of credit available to alleviate the effects of the current COVID-19 situation. IDB Invest N/A IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 100000000 100000000 100000000 Subordinated Project #16 Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13079-01 IDB Invest IDB Invest is considering a US$10 million equity investment in the SEAF Caribbean SME Growth Fund (“the Fund”), an impact investment fund providing growth capital to Small and Medium Enterprises (“SMEs”) in the English-speaking countries of the Caribbean Common Market (“CARICOM”). In addition, IDB Invest 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 ten million dollars (US$10,000,000) to a SEAF controlled SPV to on-lend to the Fund’s portfolio companies to finance climate resiliency and climate mitigation projects. The COVID-19 crisis has further reduced much needed investment capital for the Caribbean countries, so the Fund is expected to have a significant impact in its focus region. With a target size of US$100 million, the Fund will invest in 8-12 SMEs, seeking market-based financial returns alongside measurable impact, particularly quality job growth and improved gender, governance, and environmental practices. The Fund had its first close of US$35 million in October 2019, fully funded by private sector investors. The Fund is managed by SEAF Caribbean Management (“SEAF Caribbean”), a local subsidiary of Small Enterprise Assistance Funds (“SEAF”), a global impact investing group with a 30-year track record of supporting SMEs in emerging and transition markets. IDB Invest is considering a US$10 million equity investment in the SEAF Caribbean SME Growth Fund (“the Fund”), an impact investment fund providing growth capital to Small and Medium Enterprises (“SMEs”) in the English-speaking countries of the Caribbean Common Market (“CARICOM”). In addition, IDB Invest 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 ten million dollars (US$10,000,000) to a SEAF controlled SPV to on-lend to the Fund’s portfolio companies to finance climate resiliency and climate mitigation projects. The COVID-19 crisis has further reduced much needed investment capital for the Caribbean countries, so the Fund is expected to have a significant impact in its focus region. With a target size of US$100 million, the Fund will invest in 8-12 SMEs, seeking market-based financial returns alongside measurable impact, particularly quality job growth and improved gender, governance, and environmental practices. The Fund had its first close of US$35 million in October 2019, fully funded by private sector investors. The Fund is managed by SEAF Caribbean Management (“SEAF Caribbean”), a local subsidiary of Small Enterprise Assistance Funds (“SEAF”), a global impact investing group with a 30-year track record of supporting SMEs in emerging and transition markets. IDB Invest Small Enterprise Assistance Funds (“SEAF”) IDB Invest Vargas Gomez, Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Unspecified 10000000 10000000 10000000 SEAF Caribbean SME Growth Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-EC-L1159 IDB Invest Incorporated in 2001, Intergua was awarded in April 2001 a 30-year concession to operate, maintain, and build upgrades for the Guayaquil water, sewer, and drainage systems. The company serves approximately 2.6 million people. After 15 years of concession the potable water system now covers approximately 90% of the population with 24-hour uninterrupted service while wastewater system covers around 71% of the population. Interagua is owned by Veolia (France) through Proactiva Medio Ambiente (Spain), Hidalgo e Hidalgo (Ecuador), Fanalca (Colombia) and Equivia (Ecuador). Veolia is a world leading provider of water, waste management and energy services, with presence in 48 countries. Interagua is seeking IIC’s long term financing to cover a portion the current 5-year investment program and to refinance part of its existing short-term and subordinated debt. Interagua’s investment program is targeted to maintain and improve service quality of the existing networks and plants, execute rehabilitation projects, install new potable water and wastewater connections, as well as improve and maintain the rain/storm water management infrastructure. Further commitments include achieving specific service targets related to water pressure, continuity of service, water supply, drinking water and wastewater quality standards. The total 5-year investment will be approximately USD 470 Million, of which 23% is financed by Interagua and 77% by third party funds (including allocation of the national budget to the municipality, municipal taxes, and loans to the municipality, among other funds). The financing for Interagua will contribute to improve its financial capacity by allowing it to extend its debt profile with a tenor of up to 13 years. Furthermore, the partial financing of Interagua’s investment program will contribute to its efforts to continue improving the efficiency and quality of its water and wastewater services and improve the quality of life of the customers served in the concession area and bring major environmental as well as sanitary and health-related benefits. Incorporated in 2001, Intergua was awarded in April 2001 a 30-year concession to operate, maintain, and build upgrades for the Guayaquil water, sewer, and drainage systems. The company serves approximately 2.6 million people. After 15 years of concession the potable water system now covers approximately 90% of the population with 24-hour uninterrupted service while wastewater system covers around 71% of the population. Interagua is owned by Veolia (France) through Proactiva Medio Ambiente (Spain), Hidalgo e Hidalgo (Ecuador), Fanalca (Colombia) and Equivia (Ecuador). Veolia is a world leading provider of water, waste management and energy services, with presence in 48 countries. Interagua is seeking IIC’s long term financing to cover a portion the current 5-year investment program and to refinance part of its existing short-term and subordinated debt. Interagua’s investment program is targeted to maintain and improve service quality of the existing networks and plants, execute rehabilitation projects, install new potable water and wastewater connections, as well as improve and maintain the rain/storm water management infrastructure. Further commitments include achieving specific service targets related to water pressure, continuity of service, water supply, drinking water and wastewater quality standards. The total 5-year investment will be approximately USD 470 Million, of which 23% is financed by Interagua and 77% by third party funds (including allocation of the national budget to the municipality, municipal taxes, and loans to the municipality, among other funds). The financing for Interagua will contribute to improve its financial capacity by allowing it to extend its debt profile with a tenor of up to 13 years. Furthermore, the partial financing of Interagua’s investment program will contribute to its efforts to continue improving the efficiency and quality of its water and wastewater services and improve the quality of life of the customers served in the concession area and bring major environmental as well as sanitary and health-related benefits. IDB Invest International Water Services (Guayaquil) Interagua C. Ltda. IDB Invest Rivadeneira Arbildua, María Paz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Water and Sanitation 19600000 19600000 19600000 Interagua Corporate Loan Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12107-01 IDB Invest Located in Antioquia Department, the Magdalena River Highway 2 (the Project) is a key communication link connecting the department with the Magdalena River and providing an outlet to the Atlantic coast through integration with the Vías del Nus, Conexión Norte, and Ruta del Sol projects. The project is divided into functional units (Unidades Funcionales - UF) and includes the construction of a new 37 km road between Remedios and Vegachí (UF01), a new 35 km road between Vegachí and Alto de Dolores (UF02), the rehabilitation and improvement of the existing 49 km road between Alto de Dolores and Puerto Berrio (UF03), the construction of a 15 km alternate route in Puerto Berrío (UF04a), and improvements along 10 km of the connection between the alternate to Puerto Berrío and the Ruta del Sol (UF04b)). The project also includes the construction of 42 small bridges and a 1.5 km long bridge over the Magdalena River. The IIC’s participation in the financing will help to supplement long-term US dollar financing for the project, in collaboration with international commercial banks and local banks contributing financing in Colombian pesos. Located in Antioquia Department, the Magdalena River Highway 2 (the Project) is a key communication link connecting the department with the Magdalena River and providing an outlet to the Atlantic coast through integration with the Vías del Nus, Conexión Norte, and Ruta del Sol projects. The project is divided into functional units (Unidades Funcionales - UF) and includes the construction of a new 37 km road between Remedios and Vegachí (UF01), a new 35 km road between Vegachí and Alto de Dolores (UF02), the rehabilitation and improvement of the existing 49 km road between Alto de Dolores and Puerto Berrio (UF03), the construction of a 15 km alternate route in Puerto Berrío (UF04a), and improvements along 10 km of the connection between the alternate to Puerto Berrío and the Ruta del Sol (UF04b)). The project also includes the construction of 42 small bridges and a 1.5 km long bridge over the Magdalena River. The IIC’s participation in the financing will help to supplement long-term US dollar financing for the project, in collaboration with international commercial banks and local banks contributing financing in Colombian pesos. IDB Invest Autopista Rio Magdalena 2 S.A.S. IDB Invest Malpartida Velasquez, Aldo Rafael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Transport 70000000 70000000 70000000 Autopista Rio Magdalena 2 Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12111-02 IDB Invest This operation (the "Operation" or the "Project") is intended to provide a liquidity facility to a group of companies comprising Aela Generación S.A.; AES Gener S.A.; Cerro Dominador CSP S.A.; Colbún S.A.; Chungungo S.A.; Empresa Eléctrica Caren S.A.; Empresa Eléctrica de Panguipulli S.A.; Enel Generación S.A.; Engie Energía Chile S.A.; Eólica Monte Redondo S.A.; GM Holdings S.A.; Guacolda Energía S.A.; Norvind S.A.; San Juan S.A.; and Santiago Solar S.A.; (the "Clients" or the "Companies") to counter the repercussions in the economic environment generated by the Tariff Stability Law and the lack of liquidity they are experiencing as a result of the postponement of payment of part of the energy purchase agreement (PPA) price set forth in said law. The funds of the Operation will be used exclusively to acquire receivables associated with the stabilization mechanism established by the aforementioned Law. This operation (the "Operation" or the "Project") is intended to provide a liquidity facility to a group of companies comprising Aela Generación S.A.; AES Gener S.A.; Cerro Dominador CSP S.A.; Colbún S.A.; Chungungo S.A.; Empresa Eléctrica Caren S.A.; Empresa Eléctrica de Panguipulli S.A.; Enel Generación S.A.; Engie Energía Chile S.A.; Eólica Monte Redondo S.A.; GM Holdings S.A.; Guacolda Energía S.A.; Norvind S.A.; San Juan S.A.; and Santiago Solar S.A.; (the "Clients" or the "Companies") to counter the repercussions in the economic environment generated by the Tariff Stability Law and the lack of liquidity they are experiencing as a result of the postponement of payment of part of the energy purchase agreement (PPA) price set forth in said law. The funds of the Operation will be used exclusively to acquire receivables associated with the stabilization mechanism established by the aforementioned Law. IDB Invest Aela Generación;AES Gener;Cerro Dominador;Colbun;Chungungo; Empresa Eléctrica Caren;Parque Eólico Taltal;Enel Generación Chile;Enel Green Power Chile;Engie Energía Chile;Eólica Monte Redondo;GM Holdings;Guacolda Energía;Norvind;San Juan y Santiago Solar IDB Invest Rivadeneira Arbildua, María Paz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Energy 22013700 22013700 22013700 Electricity Tariff Stabilization Liquidity Facility Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13134-01 IDB Invest Doctors Hospital Bahamas Working Capital Revolver Doctors Hospital Bahamas Working Capital Revolver IDB Invest Doctors Hospital Health System Limited IDB Invest Small, Charlene Marie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bahamas Bahamas Social Infrastructure 5000000 5000000 5000000 Doctors Hospital Bahamas Working Capital Revolver Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13042-01 IDB Invest The proposed financing consists of a US$4MM senior loan to Fernandes Guyana Enterprise (“Fernandes Guyana” or the “Company”) for an 8-year tenor, including a grace period of up to 18 months (the “Loan”). The Company will use the funds of the Loan to increase its current production and selling capacity to sell in the domestic market (the "Project"). Fernandes Guyana is part of Fernandes Concern Beheer N.V. ("Fernandes Group" or the "Guarantor"), one of Suriname's largest economic groups and a market leader in Suriname in most of the industries it operates including bakery. The proposed financing consists of a US$4MM senior loan to Fernandes Guyana Enterprise (“Fernandes Guyana” or the “Company”) for an 8-year tenor, including a grace period of up to 18 months (the “Loan”). The Company will use the funds of the Loan to increase its current production and selling capacity to sell in the domestic market (the "Project"). Fernandes Guyana is part of Fernandes Concern Beheer N.V. ("Fernandes Group" or the "Guarantor"), one of Suriname's largest economic groups and a market leader in Suriname in most of the industries it operates including bakery. IDB Invest Fernandes Guyana Enterprise IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Agribusiness 4000000 4000000 4000000 Fernandes Guyana Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12683-01 IDB Invest The project consists of a loan to Barbados Port Inc. to finance certain upcoming capital expenditures at the Port of Bridgetown, including: (i) a waste-to-energy system comprising a wet-dry incinerator and a steam Rankine cycle turbine; (ii) up to 1.5 megawatts (MW) of additional rooftop solar photovoltaic capacity; and (iii) works related to certain repairs and upgrades to Berth No. 4 of the Port (the “Project”). The project consists of a loan to Barbados Port Inc. to finance certain upcoming capital expenditures at the Port of Bridgetown, including: (i) a waste-to-energy system comprising a wet-dry incinerator and a steam Rankine cycle turbine; (ii) up to 1.5 megawatts (MW) of additional rooftop solar photovoltaic capacity; and (iii) works related to certain repairs and upgrades to Berth No. 4 of the Port (the “Project”). IDB Invest Barbados Port Inc. IDB Invest Small, Charlene Marie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Barbados Barbados Transport 30000000 30000000 30000000 Barbados Port Inc. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12541-01 IDB Invest 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). IDB Invest Alten Energías Renovables México Siete, S.A. de C.V. IDB Invest Pascual, Joana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Energy 45000000 45000000 45000000 Puebla Solar PV Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12976-01 IDB Invest This project will help BDMG structure a sustainable financing to increase its lending portfolio in companies that contribute to at least one SDG goal in the Minas Gerais State region. BDMG has done a technical cooperation with IDB and has identified 11 project categories eligible to receive BDMG's Sustainability Bond's resources. The transaction will consist in a sustainable bond for an amount of up to US$50 million with a five-year term. Framework and the second opinion for this bond have already been issued and approved with the support of IDB. This project will help BDMG structure a sustainable financing to increase its lending portfolio in companies that contribute to at least one SDG goal in the Minas Gerais State region. BDMG has done a technical cooperation with IDB and has identified 11 project categories eligible to receive BDMG's Sustainability Bond's resources. The transaction will consist in a sustainable bond for an amount of up to US$50 million with a five-year term. Framework and the second opinion for this bond have already been issued and approved with the support of IDB. IDB Invest Banco de Desenvolvimiento de Minas Gerais S.A. IDB Invest Chiancone Stanham, Federico +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 50000000 50000000 50000000 BDMG – Sustainable Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-CO3896A-01 IDB Invest The Termo Rubiales project involves designing, building, and operating a thermal power plant with a gross capacity of 63 MW and a net capacity of 56.5 MW. The plant will supply the energy needed by the Rubiales oilfield (in the department of Meta, Colombia), which has an expansion plan for extracting up to 170,000 barrels of oil a day. Rubiales is one of the largest oil fields in the Republic of Colombia; it has strategic value for the country. It is located in Llanos Orientales-465 km from Bogotá-and is not connected to the Colombian power grid. Rubiales depends on a limited thermopower generation capacity to implement its development plans. The thermal power project’s sponsor is Energy International Inc., a company that specializes in the power sector in Latin America and the Caribbean and has vast experience in similar projects. Energy International will supply power to and operate the plant. The plant will be located in the operations area and managed in line with the management information, reporting, waste management, and environmental, health, and safety plan monitoring system implemented by Meta Petroleum, the Rubiales oilfield operator. Meta Petroleum has implemented and is in the process of certifying a comprehensive environmental, social, health, and safety management system in line with ISO 9001; Meta Petroleum is in the process of implementing ISO 14001 and OHSAS 18001 standards. With this operation, the IIC will be supporting the development of Colombia’s oil sector, which has a production deficit, by providing long-term financing. The IIC’s participation will also encourage private investment in the sector, greater local oil production, and compliance with certified environmental protection, social, health, and safety standards. The proposed transaction consists of a loan of up to US$5,000,000. The Termo Rubiales project involves designing, building, and operating a thermal power plant with a gross capacity of 63 MW and a net capacity of 56.5 MW. The plant will supply the energy needed by the Rubiales oilfield (in the department of Meta, Colombia), which has an expansion plan for extracting up to 170,000 barrels of oil a day. Rubiales is one of the largest oil fields in the Republic of Colombia; it has strategic value for the country. It is located in Llanos Orientales-465 km from Bogotá-and is not connected to the Colombian power grid. Rubiales depends on a limited thermopower generation capacity to implement its development plans. The thermal power project’s sponsor is Energy International Inc., a company that specializes in the power sector in Latin America and the Caribbean and has vast experience in similar projects. Energy International will supply power to and operate the plant. The plant will be located in the operations area and managed in line with the management information, reporting, waste management, and environmental, health, and safety plan monitoring system implemented by Meta Petroleum, the Rubiales oilfield operator. Meta Petroleum has implemented and is in the process of certifying a comprehensive environmental, social, health, and safety management system in line with ISO 9001; Meta Petroleum is in the process of implementing ISO 14001 and OHSAS 18001 standards. With this operation, the IIC will be supporting the development of Colombia’s oil sector, which has a production deficit, by providing long-term financing. The IIC’s participation will also encourage private investment in the sector, greater local oil production, and compliance with certified environmental protection, social, health, and safety standards. The proposed transaction consists of a loan of up to US$5,000,000. IDB Invest Energy International, Inc. IDB Invest De Narvaez, Olga Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Energy 5000000 5000000 5000000 Termo Rubiales Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12520-02 IDB Invest The Project involves the purchase and conversion of a liquified natural gas (“LNG”) carrier (“LNGC”) to a Floating Storage and Regasification Unit (“FSRU”). The FSRU will be permanently moored at the port of Acajutla in the Department of Sonsonate, in El Salvador, to provide liquified natural gas regasification services to Energia del Pacifico Limitada de CV (“EDP”), a 378-megawatt combined cycle thermal power plant financed by IDB Invest in 2019. The FSRU is an essential piece for the operation of the LNG-to-power plant, which is expected to be the lowest cost thermal generator in El Salvador, a country heavily reliant on imported heavy fuel oil-fired generators for its dispatched power, and to provide reliable energy, reduced carbon emissions and increased foreign investment. The Project sponsors are BW Gas Ltd (“BW”) and Invenergy Investment Company LLC (“Invenergy”). BW is a global maritime company involved in the infrastructure development, production, and shipping of natural gas. Invenergy is a global developer and operator company for provision of diverse energy solutions (natural gas, wind, solar, storage). The Project developer companies (the “Borrowers”) are: i) FSRU, Ltda. de C.V, a Salvadorian company; and ii) FSRU Development Pte Ltd, a Singaporean firm. Both borrower companies are jointly owned by the sponsors. FSRU Development Pte Ltd is the current owner of the liquid natural gas carrier (LNGC) ship ‘BW Tatiana’, a moss-type tanker previously owned by Shell (and named SS Gallina) and which will be converted into an FSRU. Once converted, the FSRU will then be transferred from the shipyard in Singapore and moored at the project location in Acajutla, El Salvador, as part of supply gas infrastructure to EDP’s LNG-to-power plant. Ownership of BW Tatiana will be transferred to FSRU Ltda. de C.V. for the operational phase of the Project. The Project involves the purchase and conversion of a liquified natural gas (“LNG”) carrier (“LNGC”) to a Floating Storage and Regasification Unit (“FSRU”). The FSRU will be permanently moored at the port of Acajutla in the Department of Sonsonate, in El Salvador, to provide liquified natural gas regasification services to Energia del Pacifico Limitada de CV (“EDP”), a 378-megawatt combined cycle thermal power plant financed by IDB Invest in 2019. The FSRU is an essential piece for the operation of the LNG-to-power plant, which is expected to be the lowest cost thermal generator in El Salvador, a country heavily reliant on imported heavy fuel oil-fired generators for its dispatched power, and to provide reliable energy, reduced carbon emissions and increased foreign investment. The Project sponsors are BW Gas Ltd (“BW”) and Invenergy Investment Company LLC (“Invenergy”). BW is a global maritime company involved in the infrastructure development, production, and shipping of natural gas. Invenergy is a global developer and operator company for provision of diverse energy solutions (natural gas, wind, solar, storage). The Project developer companies (the “Borrowers”) are: i) FSRU, Ltda. de C.V, a Salvadorian company; and ii) FSRU Development Pte Ltd, a Singaporean firm. Both borrower companies are jointly owned by the sponsors. FSRU Development Pte Ltd is the current owner of the liquid natural gas carrier (LNGC) ship ‘BW Tatiana’, a moss-type tanker previously owned by Shell (and named SS Gallina) and which will be converted into an FSRU. Once converted, the FSRU will then be transferred from the shipyard in Singapore and moored at the project location in Acajutla, El Salvador, as part of supply gas infrastructure to EDP’s LNG-to-power plant. Ownership of BW Tatiana will be transferred to FSRU Ltda. de C.V. for the operational phase of the Project. IDB Invest FSRU Ltda de CV and FSRU Development Pte Ltd IDB Invest Perez Salmeron, Ana Julia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Energy 60000000 60000000 60000000 Floating Storage Regasification Unit for Acajutla LNG to Power Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12771-01 IDB Invest The project (the “Project”) involves the construction and operation of 1) a 378-megawatt (MW) thermal power plant at the port of Acajutla in the Department of Sonsonate in El Salvador (the “Power Plant”), 2) a marine terminal, consisting of a floating storage and regasification unit (the “FSRU”) permanently moored through a modified spread mooring system for liquified natural gas (LNG) delivery, storage, and regasification, as well as a natural gas pipeline that will run from the FSRU to the power plant (the “Pipeline”) and 3) the construction of a 44 km, 230 kilovolt (kV) transmission line and related substations to connect the power plant to the electrical grid of El Salvador. The Power Plant will be located in a brownfield port and industrial area in the municipality of Acajutla, in premises secured under a 24-year lease agreement with the Executive Commission of the Port of Acajutla (CEPA), who owns and manages the port. Financing from IDB Invest will be direct to Energía del Pacífico, Ltda. de C.V., who will develop the Project. The FSRU will not be part of this financing. The total Project Cost is estimated at USD 850,000,000, which will be co-financed by IDB Invest through an 18-year long-term loan of up to USD 115,000,000. IDB Invest will seek approval from China Fund for USD 50,000,000. The Power Plant will consist of 19 Wärtsilä 18V50SG internal combustion reciprocating engines with capacity of 18.9 MW each, and a combined steam cycle system that will use the exhaust gases of the engines to produce additional 26 MW. The LNG marine import terminal consist of a Restricted Catenary Mooring (RCM) system and a dedicated and chartered FSRU located approximately 1.2 km offshore. LNG carriers will moor directly to the FSRU with flexible hoses utilized to transfer LNG. The FSRU will receive approximately six LNG shipments per year. A combination of a flexible riser and a subsea gas pipeline will transfer the re-gasified natural gas from the FSRU to the onshore power plant. The transmission line between the Electricity Transmission Company of El Salvador (ETESAL) substations of Acajutla and Ahuachapán will have approximately 139 towers and a 38-meter wide right-of-way (ROW). The Project involves the construction of a switchyard inside the project site in the port of Acajutla, (the EDP Substation), another interconnection at 115 kilovolt (kV) between that switchyard and the ETESAL Acajutla Substation and the expansion of both ETESAL substations. The Project is expected to be the lowest cost thermal generator in El Salvador, where the country is heavily reliant on imported HFO-fired generators for its dispatched power, and to provide reliable energy, reduced carbon emissions and increased foreign investment. The project (the “Project”) involves the construction and operation of 1) a 378-megawatt (MW) thermal power plant at the port of Acajutla in the Department of Sonsonate in El Salvador (the “Power Plant”), 2) a marine terminal, consisting of a floating storage and regasification unit (the “FSRU”) permanently moored through a modified spread mooring system for liquified natural gas (LNG) delivery, storage, and regasification, as well as a natural gas pipeline that will run from the FSRU to the power plant (the “Pipeline”) and 3) the construction of a 44 km, 230 kilovolt (kV) transmission line and related substations to connect the power plant to the electrical grid of El Salvador. The Power Plant will be located in a brownfield port and industrial area in the municipality of Acajutla, in premises secured under a 24-year lease agreement with the Executive Commission of the Port of Acajutla (CEPA), who owns and manages the port. Financing from IDB Invest will be direct to Energía del Pacífico, Ltda. de C.V., who will develop the Project. The FSRU will not be part of this financing. The total Project Cost is estimated at USD 850,000,000, which will be co-financed by IDB Invest through an 18-year long-term loan of up to USD 115,000,000. IDB Invest will seek approval from China Fund for USD 50,000,000. The Power Plant will consist of 19 Wärtsilä 18V50SG internal combustion reciprocating engines with capacity of 18.9 MW each, and a combined steam cycle system that will use the exhaust gases of the engines to produce additional 26 MW. The LNG marine import terminal consist of a Restricted Catenary Mooring (RCM) system and a dedicated and chartered FSRU located approximately 1.2 km offshore. LNG carriers will moor directly to the FSRU with flexible hoses utilized to transfer LNG. The FSRU will receive approximately six LNG shipments per year. A combination of a flexible riser and a subsea gas pipeline will transfer the re-gasified natural gas from the FSRU to the onshore power plant. The transmission line between the Electricity Transmission Company of El Salvador (ETESAL) substations of Acajutla and Ahuachapán will have approximately 139 towers and a 38-meter wide right-of-way (ROW). The Project involves the construction of a switchyard inside the project site in the port of Acajutla, (the EDP Substation), another interconnection at 115 kilovolt (kV) between that switchyard and the ETESAL Acajutla Substation and the expansion of both ETESAL substations. The Project is expected to be the lowest cost thermal generator in El Salvador, where the country is heavily reliant on imported HFO-fired generators for its dispatched power, and to provide reliable energy, reduced carbon emissions and increased foreign investment. IDB Invest Energía del Pacífico, Ltda. de C.V. IDB Invest Perez Salmeron, Ana Julia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Energy 40000000 40000000 40000000 Energia del Pacifico LNG Thermo Power Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13249-01 IDB Invest Conservatorio, S.A. ("Conservatorio" or "the Company") is a real estate development company and the sponsor of La Quince ("La Quince" or "the Project") through its subsidiary La Quince, S. de R.L., a special purpose vehicle (“SPV”) incorporated for such purpose. The Project site is centrally located in the historic neighborhood of Santa Ana, within the Historic Monumental Complex of the Historic Center of Panama City, recognized as a United Nations Educational, Scientific and Cultural Organization (“UNESCO”) World Heritage Site. The Project consists of five buildings between Calle B, Calle C, and Calle Quince, each with its own characteristics for mixed-income and mixed-use, totaling 145 apartments and 40 commercial spaces. The operation consists of a corporate loan for up to US$7.5 million (seven million five hundred thousand dollars), with two tranches: (i) A committed tranche for a five year term loan to finance the construction and sale period of the residential units (the "Project"); and (ii) an uncommitted tranche for a four year term loan, if needed, to promote the set-up of the commercial spaces to be occupied by Micro, Small and Medium Enterprises (MSMEs) and other organizations which shall also include an innovation hub and cultural spaces. Conservatorio, S.A. ("Conservatorio" or "the Company") is a real estate development company and the sponsor of La Quince ("La Quince" or "the Project") through its subsidiary La Quince, S. de R.L., a special purpose vehicle (“SPV”) incorporated for such purpose. The Project site is centrally located in the historic neighborhood of Santa Ana, within the Historic Monumental Complex of the Historic Center of Panama City, recognized as a United Nations Educational, Scientific and Cultural Organization (“UNESCO”) World Heritage Site. The Project consists of five buildings between Calle B, Calle C, and Calle Quince, each with its own characteristics for mixed-income and mixed-use, totaling 145 apartments and 40 commercial spaces. The operation consists of a corporate loan for up to US$7.5 million (seven million five hundred thousand dollars), with two tranches: (i) A committed tranche for a five year term loan to finance the construction and sale period of the residential units (the "Project"); and (ii) an uncommitted tranche for a four year term loan, if needed, to promote the set-up of the commercial spaces to be occupied by Micro, Small and Medium Enterprises (MSMEs) and other organizations which shall also include an innovation hub and cultural spaces. IDB Invest La Quince, S. de R.L. IDB Invest Fonseca, Juan Reyes +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Manufacturing 7500000 7500000 7500000 LaQuince Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13330-01 / 13330-02 IDB Invest This operation (hereinafter, the "Operation" or the "Project") is intended to provide liquidity to the group of companies formed by AES Gener S.A., Colbún S.A., Enel Generación Chile S.A., Enel Green Power Chile S.A., Engie Energía Chile S.A., Eólica Monte Redondo SpA., and Guacolda Energía S.A. (hereinafter, the "Companies") in order to address the economic impact of the Tariff Stability Act and the Companies’ need for liquidity resulting from the deferment of payment of part of the power purchase agreement (PPA) price set forth in the aforementioned Law. To this end, and pursuant to the aforementioned Law, the Project will allow for the issuance of bonds via a special purpose vehicle, to purchase the credit rights generated in favor of the Companies. This transaction has been divided to adapt to the estimated calendar of acquisition of the credit rights. This operation (hereinafter, the "Operation" or the "Project") is intended to provide liquidity to the group of companies formed by AES Gener S.A., Colbún S.A., Enel Generación Chile S.A., Enel Green Power Chile S.A., Engie Energía Chile S.A., Eólica Monte Redondo SpA., and Guacolda Energía S.A. (hereinafter, the "Companies") in order to address the economic impact of the Tariff Stability Act and the Companies’ need for liquidity resulting from the deferment of payment of part of the power purchase agreement (PPA) price set forth in the aforementioned Law. To this end, and pursuant to the aforementioned Law, the Project will allow for the issuance of bonds via a special purpose vehicle, to purchase the credit rights generated in favor of the Companies. This transaction has been divided to adapt to the estimated calendar of acquisition of the credit rights. IDB Invest AES Gener S.A.; Colbun S.A.; Enel Generación Chile S.A.; Enel Green Power Chile S.A.; Engie Energía Chile S.A.; Eólica Monte Redondo SpA. y Guacolda Energía S.A. IDB Invest Valdes Florenzano, Claudia Andrea +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Energy 25000000 25000000 25000000 Liquidity Facility for Electricity Rate Stabilization II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12197-01 IDB Invest Enel S.p.A. (Enel), through its renewable energy subsidiary Enel Green Power, S.p.A. (EGP or the Client), is seeking financing for a portfolio of three solar projects in México: the Villanueva I Solar Project (427 MW), the Villanueva III Solar Project (327 MW) and the Don José Solar Project (238 MW) (each, a Project and together, the Projects). The total estimated cost of the Project is approximately USD 1,032 million (the Project Cost). The equity requirement for the long-term financing to meet the debt sizing criteria is USD 314 million, and the remainder of the Project Cost is expected to be funded by Senior Loans from the IDB Group, other international financial institutions and a group of commercial banks. The Projects were awarded long-term Power Purchase Agreements (PPAs) in 2015 in the first energy auction held by Mexico’s Centro Nacional de Control de Energía (CENACE) under its new regulatory framework for the energy sector. Under the PPAs, the Projects will supply a fixed amount of energy (from years 1-15) and Mexican clean energy certificates (CELs) to the Comisión Federal de Electricidad (CFE), the state-owned Mexican generator, distributor and marketer of electricity. Brief Project Description: Villanueva I & III are located in the municipality of Viesca, in the North of Mexico in the Coahuila state. Don Jose is located in in the municipality of San Luis de Paz, in the center of Mexico in the Guanajuato state. The projects will connect into the CFE national grid system. The Projects are being developed by EGP through its Mexican subsidiary, Enel Green Power México S.R.L. de C.V. (EGP Mexico). The Projects will contribute to the Government of Mexico’s (GOM) objectives of diversifying its electricity matrix, by delivering clean, solar PV energy and supporting the push to create a wholesale electricity market, while reducing the Country’s dependency on thermal energy, as Mexico’s goal is for clean energy sources to provide 50% of the nation’s electricity generation mix by 2050. Enel S.p.A. (Enel), through its renewable energy subsidiary Enel Green Power, S.p.A. (EGP or the Client), is seeking financing for a portfolio of three solar projects in México: the Villanueva I Solar Project (427 MW), the Villanueva III Solar Project (327 MW) and the Don José Solar Project (238 MW) (each, a Project and together, the Projects). The total estimated cost of the Project is approximately USD 1,032 million (the Project Cost). The equity requirement for the long-term financing to meet the debt sizing criteria is USD 314 million, and the remainder of the Project Cost is expected to be funded by Senior Loans from the IDB Group, other international financial institutions and a group of commercial banks. The Projects were awarded long-term Power Purchase Agreements (PPAs) in 2015 in the first energy auction held by Mexico’s Centro Nacional de Control de Energía (CENACE) under its new regulatory framework for the energy sector. Under the PPAs, the Projects will supply a fixed amount of energy (from years 1-15) and Mexican clean energy certificates (CELs) to the Comisión Federal de Electricidad (CFE), the state-owned Mexican generator, distributor and marketer of electricity. Brief Project Description: Villanueva I & III are located in the municipality of Viesca, in the North of Mexico in the Coahuila state. Don Jose is located in in the municipality of San Luis de Paz, in the center of Mexico in the Guanajuato state. The projects will connect into the CFE national grid system. The Projects are being developed by EGP through its Mexican subsidiary, Enel Green Power México S.R.L. de C.V. (EGP Mexico). The Projects will contribute to the Government of Mexico’s (GOM) objectives of diversifying its electricity matrix, by delivering clean, solar PV energy and supporting the push to create a wholesale electricity market, while reducing the Country’s dependency on thermal energy, as Mexico’s goal is for clean energy sources to provide 50% of the nation’s electricity generation mix by 2050. IDB Invest Enel Green Power, S.p.A IDB Invest Giron Rohr, Alexandra +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Energy 30000000 30000000 30000000 Villanueva I & III and Don José Solar Projects Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13342-01 IDB Invest This transaction (the "Operation" or the "Transaction") consists of an uncommitted medium-term program provided by IDB Invest that will be used to discount receivable accounts from the provision of services by Celsia Colombia S.A. ("Celsia", the "Company", or the "Client"). The Operation includes receivable accounts whose payment will be deferred due to the exceptional measures ordered by the Government of Colombia and adopted by the Company to mitigate the impact of COVID-19 on its suppliers. This transaction (the "Operation" or the "Transaction") consists of an uncommitted medium-term program provided by IDB Invest that will be used to discount receivable accounts from the provision of services by Celsia Colombia S.A. ("Celsia", the "Company", or the "Client"). The Operation includes receivable accounts whose payment will be deferred due to the exceptional measures ordered by the Government of Colombia and adopted by the Company to mitigate the impact of COVID-19 on its suppliers. IDB Invest Celsia Colombia S.A. IDB Invest Yan, Shanyue +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Energy 80000000 80000000 80000000 Celsia Colombia Receivables Facility Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12755-01 IDB Invest The proposed financing consists of a short-term revolving credit facility for up to US$25 million to be granted to Cooperativa de Productores de Leche Dos Pinos, R.L., located in Costa Rica, and its main subsidiaries in Guatemala, Panama, and the Dominican Republic ("Dos Pinos" or the "Company"). Dos Pinos will use the funds from IDB Invest to support its short-term liquidity given the current COVID-19 pandemic and its growing working capital needs due to the Company's recent expansions in the region, which support food security with an inclusive and sustainable business model (the "Project"). The proposed financing consists of a short-term revolving credit facility for up to US$25 million to be granted to Cooperativa de Productores de Leche Dos Pinos, R.L., located in Costa Rica, and its main subsidiaries in Guatemala, Panama, and the Dominican Republic ("Dos Pinos" or the "Company"). Dos Pinos will use the funds from IDB Invest to support its short-term liquidity given the current COVID-19 pandemic and its growing working capital needs due to the Company's recent expansions in the region, which support food security with an inclusive and sustainable business model (the "Project"). IDB Invest Cooperativa de Productores de Leche Dos Pinos R.L.; Helados de Centroamérica S.A.; Productos Nevada, S de R.L.; Claus Holding, Corp.; Atlantic Holdings Limited, S.R.L. IDB Invest Navarrete, Monica +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Agribusiness 25000000 25000000 25000000 Dos Pinos Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12402-01 IDB Invest The Navojoa solar project consists of the design, construction, commissioning, operation, and maintenance of a 200MW solar PV plant in the State of Sonora, Mexico that will connect into the Mexican Comisión Federal de Electricidad (“CFE”) national grid system; and all associated transmission and interconnection facilities which includes a 3.3km transmission line (TL). The financial plan is expected to be completed with co-loans from the China Co-Financing Fund for Latin America and the Caribbean (“China Fund”), and other development and commercial banks. The Project was awarded a long-term Power Purchase Agreement (“PPA”) in the 3rd Mexican Power Auction in November 2017. The Project will contribute to the Government of Mexico’s (“GoM”) objectives of diversifying its electricity matrix, by delivering clean, PV solar energy and supporting the push to create a wholesale electricity market, while reducing the country’s dependency on thermal energy, as Mexico’s goal is for clean energy sources to provide 50% of the nation’s electricity generation mix by 2050. The Navojoa solar project consists of the design, construction, commissioning, operation, and maintenance of a 200MW solar PV plant in the State of Sonora, Mexico that will connect into the Mexican Comisión Federal de Electricidad (“CFE”) national grid system; and all associated transmission and interconnection facilities which includes a 3.3km transmission line (TL). The financial plan is expected to be completed with co-loans from the China Co-Financing Fund for Latin America and the Caribbean (“China Fund”), and other development and commercial banks. The Project was awarded a long-term Power Purchase Agreement (“PPA”) in the 3rd Mexican Power Auction in November 2017. The Project will contribute to the Government of Mexico’s (“GoM”) objectives of diversifying its electricity matrix, by delivering clean, PV solar energy and supporting the push to create a wholesale electricity market, while reducing the country’s dependency on thermal energy, as Mexico’s goal is for clean energy sources to provide 50% of the nation’s electricity generation mix by 2050. IDB Invest Kenergreen S.A.P.I. de C.V. IDB Invest Giron Rohr, Alexandra +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Energy 12000000 12000000 12000000 Navojoa Solar PV Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12703-01 IDB Invest The project consists on the issuance of debt securities under a private placement of up to two hundred million United Stated dollars ($200,000,00.00) (the “Securities”) in order to finance post-graduate student loans. At least 50% of the student loans will be for Latin American and Caribbean students attending top-tier universities (the "Project"). It is anticipated that the financing will consist on the subscription of Securities by IDB Invest for up to one hundred million United Stated dollars ($100,000,000.00) of the Securities issued. The Project will provide access to financing for Latin American and Caribbean students to attend top-tier post-graduate institutions, an estimated 75% of whom return to the region. Financing for international post-graduate education at top tier institutions, is relatively scarce, and Prodigy Finance's business model addresses many of the constraints to access to financing for international students. The project consists on the issuance of debt securities under a private placement of up to two hundred million United Stated dollars ($200,000,00.00) (the “Securities”) in order to finance post-graduate student loans. At least 50% of the student loans will be for Latin American and Caribbean students attending top-tier universities (the "Project"). It is anticipated that the financing will consist on the subscription of Securities by IDB Invest for up to one hundred million United Stated dollars ($100,000,000.00) of the Securities issued. The Project will provide access to financing for Latin American and Caribbean students to attend top-tier post-graduate institutions, an estimated 75% of whom return to the region. Financing for international post-graduate education at top tier institutions, is relatively scarce, and Prodigy Finance's business model addresses many of the constraints to access to financing for international students. IDB Invest Prodigy Finance CM2020-2 Designated Activity Company IDB Invest Camargo Tamara, Mario +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Social Infrastructure 70000000 70000000 70000000 Prodigy Finance Student Loans Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12659-02 IDB Invest Universidad del Caribe ("UNICARIBE", the "University" or the "Institution"), is a private Higher Education Institution (HEI), incorporated as a non-profit entity under the laws of the Dominican Republic, formed and operated by Fundación Educativa del Caribe, Inc. It began operations in 1995 in the city of Santo Domingo, where it continues to operate, with more than 31,000 graduates to date. Enrollment exceeds 25,000 students and it has close to 400 employees (more than 55% of whom are women). The proposed operation consists of a loan to finance UNICARIBE's Strategic and Investment Plan for 2019-2020 (the "Project"), aimed at (i) expanding the university's spaces and physical capacity, which includes completing the refurbishment of a new 6,400 m2 academic and administrative building in Santo Domingo, as well as building a new satellite campus in the City of Knowledge (“Ciudad del Conocimiento”) grounds in the city of Monte Plata (the "Monte Planta Campus"); (ii) expanding the University's academic programs in the short term, with new degrees and professional training courses, in line with the current training needs of the Dominican Republic; (iii) acquiring and implementing specialized distance learning software to strengthen its current platforms and capacities; and (iv) renewing and improving its facilities with new equipment and laboratories. Universidad del Caribe ("UNICARIBE", the "University" or the "Institution"), is a private Higher Education Institution (HEI), incorporated as a non-profit entity under the laws of the Dominican Republic, formed and operated by Fundación Educativa del Caribe, Inc. It began operations in 1995 in the city of Santo Domingo, where it continues to operate, with more than 31,000 graduates to date. Enrollment exceeds 25,000 students and it has close to 400 employees (more than 55% of whom are women). The proposed operation consists of a loan to finance UNICARIBE's Strategic and Investment Plan for 2019-2020 (the "Project"), aimed at (i) expanding the university's spaces and physical capacity, which includes completing the refurbishment of a new 6,400 m2 academic and administrative building in Santo Domingo, as well as building a new satellite campus in the City of Knowledge (“Ciudad del Conocimiento”) grounds in the city of Monte Plata (the "Monte Planta Campus"); (ii) expanding the University's academic programs in the short term, with new degrees and professional training courses, in line with the current training needs of the Dominican Republic; (iii) acquiring and implementing specialized distance learning software to strengthen its current platforms and capacities; and (iv) renewing and improving its facilities with new equipment and laboratories. IDB Invest Fundación Educativa del Caribe, Inc. IDB Invest Zacarias Mateo, OmarAlfredo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Social Infrastructure 10000000 10000000 10000000 UNICARIBE Inclusive Higher Education Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11362-05 IDB Invest This project will help Santander Brasil structure a financing to increase its lending portfolio to women owned enterprises. The loan amount will be denominated in Brazilian Real for the equivalent of up to US$100 million with a three-year term bullet. The financing will be structured as a debt instrument, and may be a Letra Financeira, that will be fully subscribed by IDB Invest. This project will help Santander Brasil structure a financing to increase its lending portfolio to women owned enterprises. The loan amount will be denominated in Brazilian Real for the equivalent of up to US$100 million with a three-year term bullet. The financing will be structured as a debt instrument, and may be a Letra Financeira, that will be fully subscribed by IDB Invest. IDB Invest Banco Santander (Brasil) S.A. IDB Invest Groszmann Faria, Marcia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12974-01 IDB Invest The project consists in a 10-years senior loan, with up to 3-years grace period, for the financing of the port terminal facilities expansion of Terminal XXXIX de Santos S.A. (“T39”) located at the Port of Santos in the state of São Paulo, Brazil. Founded in 2001, T39 is owned in equal parts by Caramuru Alimentos S.A. (“Caramuru”) and Rumo S.A. (“Rumo”) (Rumo and Caramuru together, the “Sponsors”), representing a highly strategic asset for both Sponsors, who will also be participating as co-obligors of the transaction. Caramuru exports 90% of its products through T39, while Rumo transported most of its grain through T39. The terminal expansion plan has the main objective of easing the flow of growing exports from Caramuru and other third parties, by increasing its warehousing capacity from 135,000 tons to 247,000 tons. After completing the project, T39 will be single largest grains terminal in Santos, with strong competitive advantages in terms of land infrastructure, berthing conditions, and logistics business integration. T39 will increase its volume handling from 2.5 million tons per year, to around 7.5 million tons per year, an important contribution to accommodate the increasing demand for export cargo handling in the Santos port. Rumo is Brazil’s largest logistics operator in terms of transported volume. It provides rail transport, port handling, and warehousing services. Rumo operates the largest railroad network in Brazil, consisting of five concessions with approximately 13,500 kilometers of lines, 1,200 locomotives and 33,000 wagons, as well as distribution centers and storage facilities. Caramuru is a leading Brazilian grain processing company which engages in the processing, refining, and marketing of soybean related products, biodiesel, corn, and sunflower products in Brazil. It is among the top Brazilian exporters of soy. The project consists in a 10-years senior loan, with up to 3-years grace period, for the financing of the port terminal facilities expansion of Terminal XXXIX de Santos S.A. (“T39”) located at the Port of Santos in the state of São Paulo, Brazil. Founded in 2001, T39 is owned in equal parts by Caramuru Alimentos S.A. (“Caramuru”) and Rumo S.A. (“Rumo”) (Rumo and Caramuru together, the “Sponsors”), representing a highly strategic asset for both Sponsors, who will also be participating as co-obligors of the transaction. Caramuru exports 90% of its products through T39, while Rumo transported most of its grain through T39. The terminal expansion plan has the main objective of easing the flow of growing exports from Caramuru and other third parties, by increasing its warehousing capacity from 135,000 tons to 247,000 tons. After completing the project, T39 will be single largest grains terminal in Santos, with strong competitive advantages in terms of land infrastructure, berthing conditions, and logistics business integration. T39 will increase its volume handling from 2.5 million tons per year, to around 7.5 million tons per year, an important contribution to accommodate the increasing demand for export cargo handling in the Santos port. Rumo is Brazil’s largest logistics operator in terms of transported volume. It provides rail transport, port handling, and warehousing services. Rumo operates the largest railroad network in Brazil, consisting of five concessions with approximately 13,500 kilometers of lines, 1,200 locomotives and 33,000 wagons, as well as distribution centers and storage facilities. Caramuru is a leading Brazilian grain processing company which engages in the processing, refining, and marketing of soybean related products, biodiesel, corn, and sunflower products in Brazil. It is among the top Brazilian exporters of soy. IDB Invest Terminal XXXIX de Santos S.A. IDB Invest Guedes Kafrune, Maher Alexandre +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Agribusiness Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12716-01 IDB Invest The proposed transaction consists of an unsecured senior loan to SOFIHDES (“SOFIHDES” or the “FI”) denominated in US Dollars (“US$”) for up to US$3 million, to be funded by IDB Invest as administrator of the Haiti SME Development Fund, with a tenor of up to three years (the “Project”) and a 12 month grace period on the repayment of principal. The purpose of the Project is to grant financing to SOFIHDES to on-lend to small and medium-sized enterprises (“SMEs”). The proposed transaction consists of an unsecured senior loan to SOFIHDES (“SOFIHDES” or the “FI”) denominated in US Dollars (“US$”) for up to US$3 million, to be funded by IDB Invest as administrator of the Haiti SME Development Fund, with a tenor of up to three years (the “Project”) and a 12 month grace period on the repayment of principal. The purpose of the Project is to grant financing to SOFIHDES to on-lend to small and medium-sized enterprises (“SMEs”). IDB Invest Société Financière Hattienne de Développement S.A (SOFIHDES) IDB Invest Jean, Kawala +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Haiti Haiti Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12754-01 IDB Invest The proposed financing to Demerara Distillers Limited (“DDL” or the “Company”), a publicly held company and one of the main economic groups in Guyana, will be used to finance the expansion of its juice production plant, a solar photovoltaic generation system (including batteries) for self-consumption, and its working capital needs. The transaction will be structured as follows: (i) a US$10 million Senior Long-term Loan funded by IDB Invest (the “IDB Invest-LT Loan”), (ii) a US$5 million Senior Committed Short-term Revolving Credit line funded by IDB Invest; and (iii) a US$6 million Senior Concessional Loan to be financed by the CTF Innovative Instruments for Investment in Zero-Carbon Technologies (i3-0) that is administered by the IDB and IDB Invest acts as its agent (the “Loan”). The Loan will support the Company to increase food production for the domestic market, its efficiency and climate change mitigation through reduced GHG emissions, while strengthening local market linkages. The proposed financing to Demerara Distillers Limited (“DDL” or the “Company”), a publicly held company and one of the main economic groups in Guyana, will be used to finance the expansion of its juice production plant, a solar photovoltaic generation system (including batteries) for self-consumption, and its working capital needs. The transaction will be structured as follows: (i) a US$10 million Senior Long-term Loan funded by IDB Invest (the “IDB Invest-LT Loan”), (ii) a US$5 million Senior Committed Short-term Revolving Credit line funded by IDB Invest; and (iii) a US$6 million Senior Concessional Loan to be financed by the CTF Innovative Instruments for Investment in Zero-Carbon Technologies (i3-0) that is administered by the IDB and IDB Invest acts as its agent (the “Loan”). The Loan will support the Company to increase food production for the domestic market, its efficiency and climate change mitigation through reduced GHG emissions, while strengthening local market linkages. IDB Invest Demerara Distillers Limted IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guyana Guyana Agribusiness 32000000 32000000 32000000 Demerara Distillers Limited Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12431-02 IDB Invest The proposed financing consists of a loan to Procaps S.A. ("Procaps" or "the Company") in an aggregate amount of up to US$20 million for a term of up to three years. The project aims to support the expansion plan of Procaps, a company dedicated to the development, production and marketing of pharmaceutical drugs and advanced drug delivery system. The loan will properly finance the Company's long cash cycles, reducing short-term pressure, and provide additional resources for continued Research and Development investment and capital expenditures, both regulatory and growth-related. The proposed financing consists of a loan to Procaps S.A. ("Procaps" or "the Company") in an aggregate amount of up to US$20 million for a term of up to three years. The project aims to support the expansion plan of Procaps, a company dedicated to the development, production and marketing of pharmaceutical drugs and advanced drug delivery system. The loan will properly finance the Company's long cash cycles, reducing short-term pressure, and provide additional resources for continued Research and Development investment and capital expenditures, both regulatory and growth-related. IDB Invest Procaps S.A. IDB Invest Perez, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Manufacturing 20000000 20000000 20000000 Procaps Colombia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-JA3388A-03 IDB Invest Seawind owns the hotel complex that includes the Secrets St. James (http://www.secretsresorts.com/st-james-montego-bay) and the Secrets Wild Orchid hotels (“Secrets Hotel”). This complex has a total of 700 guestrooms, restaurants, and recreation and shopping areas, including the beach and swimming pools, as well as infrastructure and support areas. Secrets Hotel, located on Montego Bay, Jamaica, is a first-rate, all-inclusive hotel that mainly targets the couples market. Seawind reports successful operations with a well-positioned brand and good occupancy rates since 2010. Seawind has operating and marketing agreements with the company AMResources of the Apple Leisure Group (http://www.appleleisuregroup.com) domiciled in the state of Pennsylvania, United States. The Seawind project consists of (i) a 150-room expansion of the hotel complex under AMResorts’ Breathless brand, with new service areas and additional infrastructure, and (ii) the refinancing of existing debt with a debt profile that matches the expansion and projected cash flow generation of the hotel complex. The IIC loan will be an A Loan of up to US$15 million and a B Loan of up to US$68 million with funds from participating banks acceptable to Seawind and the IIC. This will be the IIC’s second loan to Seawind; the first was approved in 2012. Jamaica is one of the main tourism destinations in the Caribbean and the tourism industry is one of the main foreign currency income generators for Jamaica. Through this loan, the IIC will be (i) helping expand tourism accommodations in Jamaica and their effect on foreign currency income generation; (ii) supporting job creation during both the construction and operation phases of the expansion and also in the supply chain of SMEs that provide food, beverages, and services for the hotel complex’s operations; and (iii) boosting foreign investment in Jamaica. Seawind owns the hotel complex that includes the Secrets St. James (http://www.secretsresorts.com/st-james-montego-bay) and the Secrets Wild Orchid hotels (“Secrets Hotel”). This complex has a total of 700 guestrooms, restaurants, and recreation and shopping areas, including the beach and swimming pools, as well as infrastructure and support areas. Secrets Hotel, located on Montego Bay, Jamaica, is a first-rate, all-inclusive hotel that mainly targets the couples market. Seawind reports successful operations with a well-positioned brand and good occupancy rates since 2010. Seawind has operating and marketing agreements with the company AMResources of the Apple Leisure Group (http://www.appleleisuregroup.com) domiciled in the state of Pennsylvania, United States. The Seawind project consists of (i) a 150-room expansion of the hotel complex under AMResorts’ Breathless brand, with new service areas and additional infrastructure, and (ii) the refinancing of existing debt with a debt profile that matches the expansion and projected cash flow generation of the hotel complex. The IIC loan will be an A Loan of up to US$15 million and a B Loan of up to US$68 million with funds from participating banks acceptable to Seawind and the IIC. This will be the IIC’s second loan to Seawind; the first was approved in 2012. Jamaica is one of the main tourism destinations in the Caribbean and the tourism industry is one of the main foreign currency income generators for Jamaica. Through this loan, the IIC will be (i) helping expand tourism accommodations in Jamaica and their effect on foreign currency income generation; (ii) supporting job creation during both the construction and operation phases of the expansion and also in the supply chain of SMEs that provide food, beverages, and services for the hotel complex’s operations; and (iii) boosting foreign investment in Jamaica. IDB Invest Seawind Key Investment Limited (“Seawind”) IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Tourism 7500000 7500000 7500000 Seawind Key Investment Limited Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13316-01 IDB Invest SME Financing Facility for Capital Bank SME Financing Facility for Capital Bank IDB Invest Capital Bank, Inc. IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 30000000 30000000 30000000 SME Financing Facility for Capital Bank Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12799-01 IDB Invest The Transaction is made up of a facility (the “Facility”) of up to COP625 billion for the end benefit of Colombia Móvil S.A. ESP (the “Company” or “Tigo”), whereby IDB Invest will issue one or more letters of credit (the “SBLC”) to other local banks acceptable to IDB Invest (the “Bank”) in order to cover Tigo’s obligations under certain security issued by the Bank in favor of the Ministry of Information Technology and Communications (“MinTIC”) and the Single Information Technologies and Communications Fund (“FonTIC”). The SBLC will support Tigo’s obligations under the resolutions issued by the MinTIC related to the assignment of 40MHz of band spectrum of 700MHz (the “Resolutions”), including: (a) annual payments for the granted spectrum, and (b) performance obligations related to the 4G LTE network deployment in 5 years. The proposed Facility is aimed at promoting the 4G LTE network expansion in rural and underserved areas in the country, supporting the Company’s spectrum acquisition and network deployment plan. The Transaction is made up of a facility (the “Facility”) of up to COP625 billion for the end benefit of Colombia Móvil S.A. ESP (the “Company” or “Tigo”), whereby IDB Invest will issue one or more letters of credit (the “SBLC”) to other local banks acceptable to IDB Invest (the “Bank”) in order to cover Tigo’s obligations under certain security issued by the Bank in favor of the Ministry of Information Technology and Communications (“MinTIC”) and the Single Information Technologies and Communications Fund (“FonTIC”). The SBLC will support Tigo’s obligations under the resolutions issued by the MinTIC related to the assignment of 40MHz of band spectrum of 700MHz (the “Resolutions”), including: (a) annual payments for the granted spectrum, and (b) performance obligations related to the 4G LTE network deployment in 5 years. The proposed Facility is aimed at promoting the 4G LTE network expansion in rural and underserved areas in the country, supporting the Company’s spectrum acquisition and network deployment plan. IDB Invest Colombia Móvil S.A. ESP. IDB Invest Vega Aldana, Mario Andres +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Digital Economy 175876000 175876000 175876000 Colombia Móvil (Millicom) SBLC Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12830-02 IDB Invest The proposed transaction is a long-term, guaranteed financing of up to US$45 million local currency equivalents to support the capital investment in the shared telecommunications infrastructure by QMC Telecom International Holdings, LLC ("QMC") and the needs of working capital in Mexico, Colombia and Peru (“IDB Invest Financing”). QMC's subsidiaries in each jurisdiction will be the borrower or guarantor of the IDB Invest Financing. QMC is a leading independent owner, developer and operator of wireless communications infrastructure assets in Latin America. QMC owns and operates more than 2,400 wireless infrastructure sites. QMC has operations in Brazil, Colombia, Mexico, Peru and the United States (including Puerto Rico), expanding its reach to other countries in the region. QMC supports the operation of mobile network operators to increase the capacity and coverage of mobile broadband, which is especially critical in the context of the COVID-19 pandemic, where broadband connectivity is playing a key role. The proposed transaction is a long-term, guaranteed financing of up to US$45 million local currency equivalents to support the capital investment in the shared telecommunications infrastructure by QMC Telecom International Holdings, LLC ("QMC") and the needs of working capital in Mexico, Colombia and Peru (“IDB Invest Financing”). QMC's subsidiaries in each jurisdiction will be the borrower or guarantor of the IDB Invest Financing. QMC is a leading independent owner, developer and operator of wireless communications infrastructure assets in Latin America. QMC owns and operates more than 2,400 wireless infrastructure sites. QMC has operations in Brazil, Colombia, Mexico, Peru and the United States (including Puerto Rico), expanding its reach to other countries in the region. QMC supports the operation of mobile network operators to increase the capacity and coverage of mobile broadband, which is especially critical in the context of the COVID-19 pandemic, where broadband connectivity is playing a key role. IDB Invest QMC Telecom IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Digital Economy 20000000 20000000 20000000 QMC Regional Facility Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-HO3732A-01 IDB Invest The Inter-American Investment Corporation (IIC) approved a loan of up to US$1.2 million to Inversiones Amalgamadas S.A. de C.V. (Inalma)—located in the city of Choloma, Honduras—to partially finance its raw materials supply via investments in plantations and the refinancing of liabilities in order to improve the company’s capital structure and its future growth. Inalma is an agroindustry exports company, founded in 1987, whose area of business is the production of precooked and frozen products, mainly based on banana and cassava, ready to heat and serve. The project has two objectives: ensuring the supply of raw materials through joint investments in plantain plantations with several suppliers, and refinancing medium-term liabilities to improve the company’s debt maturity profile. The Inter-American Investment Corporation (IIC) approved a loan of up to US$1.2 million to Inversiones Amalgamadas S.A. de C.V. (Inalma)—located in the city of Choloma, Honduras—to partially finance its raw materials supply via investments in plantations and the refinancing of liabilities in order to improve the company’s capital structure and its future growth. Inalma is an agroindustry exports company, founded in 1987, whose area of business is the production of precooked and frozen products, mainly based on banana and cassava, ready to heat and serve. The project has two objectives: ensuring the supply of raw materials through joint investments in plantain plantations with several suppliers, and refinancing medium-term liabilities to improve the company’s debt maturity profile. IDB Invest Inversiones Amalgamadas S.A. de C.V. (“Inalma”) IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Manufacturing 1200000 1200000 1200000 Inversiones Amalgamadas, S.A. de C.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12041-01 IDB Invest The Uruguayan national utility, Usinas y Trasmisiones Electricas (“UTE”) launched in July 2016 the bidding for the construction of a 213Km transmission line of 150Kv connecting the substation of Melo, with the station of Tacuarembó in the north-east of the country (the “Project”). This represents the first of several projects, which will be launched aiming to improve and upgrade the existing transmission network in the country. After an international bidding process, the Project was awarded in July to the Italian transmission company Terna S.p.A (“Terna”), a BBB rated company by S&P, a leading player in the European market with more than 15 years of experience in the construction of transmission lines. The Project is structured under an Operating Lease, by which Terna, through a special purpose vehicle (“SPV”), Difebal S.A., will design and construct the transmission line, and once commercial operation is reached, UTE will carry out the operation and maintenance of the Project, and will pay Terna a monthly payment for 30 years as per the terms and conditions of the lease. The estimated total cost of the Project is of up to US$100 million, which will be financed through an IDBG A/B loan consisting of an IIC A loan of up to US$10 million and IDB A loan of up to US$30 million, a China Fund Loan of US$20 million and a B loan of US$25 million to be provided by one commercial bank. The financial plan will be completed with equity contributions for an amount of US$15 million for 85/15 debt-to-equity ratio. Both the A and B loan tranches are expected to have a tenor of up to 15-years door-to-door. The Uruguayan company SACEEM was contracted by Terna to carry out the design, supply, construction, and electromechanical assembly work on all Project components. The Uruguayan national utility, Usinas y Trasmisiones Electricas (“UTE”) launched in July 2016 the bidding for the construction of a 213Km transmission line of 150Kv connecting the substation of Melo, with the station of Tacuarembó in the north-east of the country (the “Project”). This represents the first of several projects, which will be launched aiming to improve and upgrade the existing transmission network in the country. After an international bidding process, the Project was awarded in July to the Italian transmission company Terna S.p.A (“Terna”), a BBB rated company by S&P, a leading player in the European market with more than 15 years of experience in the construction of transmission lines. The Project is structured under an Operating Lease, by which Terna, through a special purpose vehicle (“SPV”), Difebal S.A., will design and construct the transmission line, and once commercial operation is reached, UTE will carry out the operation and maintenance of the Project, and will pay Terna a monthly payment for 30 years as per the terms and conditions of the lease. The estimated total cost of the Project is of up to US$100 million, which will be financed through an IDBG A/B loan consisting of an IIC A loan of up to US$10 million and IDB A loan of up to US$30 million, a China Fund Loan of US$20 million and a B loan of US$25 million to be provided by one commercial bank. The financial plan will be completed with equity contributions for an amount of US$15 million for 85/15 debt-to-equity ratio. Both the A and B loan tranches are expected to have a tenor of up to 15-years door-to-door. The Uruguayan company SACEEM was contracted by Terna to carry out the design, supply, construction, and electromechanical assembly work on all Project components. IDB Invest Difebal S.A. IDB Invest Diaz Gomez, Anahi +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Energy 15239000 15239000 15239000 Melo Tacuarembo Transmission Line Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13004-01 IDB Invest The proposed IDB Invest financing for an amount in Uruguayan pesos equivalent to up to US$50 million (up to $15 million equity + up to $35 million in senior financial debt) will be used to partially finance the company’s capital investments between 2020 and 2025 for an amount in Uruguayan pesos equivalent to US$104 million. This includes investments in the opening of stores, logistics of the Operations Center (OC), systems and technology, and maintenance of premises in order to achieve the Company’s expansion and omnichannel retailing of the Company in Uruguay. The project will allow the Company to increase the volume of operations with its suppliers, many of which are SMEs. Ta-Ta’s philosophy is to develop local suppliers for different categories of its own brands. Support for this chain contribute to the following SDGs: (i) decent work and economic growth; (ii) industry, innovation and infrastructure; and (iii) responsible consumption and production. The proposed IDB Invest financing for an amount in Uruguayan pesos equivalent to up to US$50 million (up to $15 million equity + up to $35 million in senior financial debt) will be used to partially finance the company’s capital investments between 2020 and 2025 for an amount in Uruguayan pesos equivalent to US$104 million. This includes investments in the opening of stores, logistics of the Operations Center (OC), systems and technology, and maintenance of premises in order to achieve the Company’s expansion and omnichannel retailing of the Company in Uruguay. The project will allow the Company to increase the volume of operations with its suppliers, many of which are SMEs. Ta-Ta’s philosophy is to develop local suppliers for different categories of its own brands. Support for this chain contribute to the following SDGs: (i) decent work and economic growth; (ii) industry, innovation and infrastructure; and (iii) responsible consumption and production. IDB Invest Ta - Ta S.A. IDB Invest Beretta Tassano, Patricio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Manufacturing 35000000 35000000 35000000 Ta - Ta Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12988-01 IDB Invest The “Circuito 5” Project is located in the interior of the Eastern Republic of Uruguay, spanning part of the departments of Florida, Lavalleja, and Rocha. The Ministry of Transportation and Public Works (MTOP) has granted a 20-year concession for the design, construction, operation, and financing of the road infrastructure of Routes 14 and 15 to concessionaire Autovías Cinco SA, consisting of the firms Aldesa Construcciones SA, Coalvi Renovables SL, and Ramón C. Alvarez S.A. The maximum term of execution of the works is 36 months (not including lighting, pedestrian shelters, bicycle lanes and side roads) from the signing of the Certificate of Possession. For the sections of Route 14 going from Sarandí del Yí to the town of Lascano, a new road will be built with a new design that improves on the standard of the current road. For the section of Route 14 that goes from Varela to Lascano, the plan is to raise the roadbed from where it sits currently so as to prevent the flooding caused frequently by the swelling of the Cebollatí River, flooding that blocks the passage of vehicles and pedestrians. These infrastructure improvements will help reduce the cost of vehicle operations in terms of travel time and risk of accidents, especially at intersections and junctions, where crashes have been frequent in recent years. IDB Group’s participation in the project will consist of an A Loan of up to US$65 million provided by IDB Invest. The financing plan will be supplemented by the sponsor’s own capital, as well as cofinancing from a local bank, which will provide resources in local currency in the amounts required to complete the financial plan. The “Circuito 5” Project is located in the interior of the Eastern Republic of Uruguay, spanning part of the departments of Florida, Lavalleja, and Rocha. The Ministry of Transportation and Public Works (MTOP) has granted a 20-year concession for the design, construction, operation, and financing of the road infrastructure of Routes 14 and 15 to concessionaire Autovías Cinco SA, consisting of the firms Aldesa Construcciones SA, Coalvi Renovables SL, and Ramón C. Alvarez S.A. The maximum term of execution of the works is 36 months (not including lighting, pedestrian shelters, bicycle lanes and side roads) from the signing of the Certificate of Possession. For the sections of Route 14 going from Sarandí del Yí to the town of Lascano, a new road will be built with a new design that improves on the standard of the current road. For the section of Route 14 that goes from Varela to Lascano, the plan is to raise the roadbed from where it sits currently so as to prevent the flooding caused frequently by the swelling of the Cebollatí River, flooding that blocks the passage of vehicles and pedestrians. These infrastructure improvements will help reduce the cost of vehicle operations in terms of travel time and risk of accidents, especially at intersections and junctions, where crashes have been frequent in recent years. IDB Group’s participation in the project will consist of an A Loan of up to US$65 million provided by IDB Invest. The financing plan will be supplemented by the sponsor’s own capital, as well as cofinancing from a local bank, which will provide resources in local currency in the amounts required to complete the financial plan. IDB Invest Autovías Cinco SA IDB Invest Manzo Cruces, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Transport 44000000 44000000 44000000 PPP Vial Circuito 5 Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13219-01 IDB Invest IDB Invest is considering an investment of up to US$10 million in Merqueo S.A.S. (the “Company”). Launched in 2017, Merqueo is a grocery e-commerce platform (“e-grocery”) offering grocery delivery services in Colombia and Mexico. The Company is a 100% digital player with no physical stores, and it is considered a pureplay as it controls the entire operation, including the technology platform, product sourcing, warehouse operations and final deliveries. During the COVID-19 emergency crisis, online platforms such as Merqueo have become a key tool for the general population as e-grocery offers one of the safest alternative for everyday purchases. The capital round will allow Merqueo to support its growth plan as follows: (i) finance current operations to support expected growth through investments in technology, warehouses, marketing, and human resources, among others; (ii) consolidate and promote its regional expansion. The objectives of investing in Merqueo are (i) increase the sale of product via e-grocery platforms, (ii) foster the growth of the retail supply chain, (iii) improve access to basic products and (iii) to promote the adoption of e-grocery in low income segments. IDB Invest is considering an investment of up to US$10 million in Merqueo S.A.S. (the “Company”). Launched in 2017, Merqueo is a grocery e-commerce platform (“e-grocery”) offering grocery delivery services in Colombia and Mexico. The Company is a 100% digital player with no physical stores, and it is considered a pureplay as it controls the entire operation, including the technology platform, product sourcing, warehouse operations and final deliveries. During the COVID-19 emergency crisis, online platforms such as Merqueo have become a key tool for the general population as e-grocery offers one of the safest alternative for everyday purchases. The capital round will allow Merqueo to support its growth plan as follows: (i) finance current operations to support expected growth through investments in technology, warehouses, marketing, and human resources, among others; (ii) consolidate and promote its regional expansion. The objectives of investing in Merqueo are (i) increase the sale of product via e-grocery platforms, (ii) foster the growth of the retail supply chain, (iii) improve access to basic products and (iii) to promote the adoption of e-grocery in low income segments. IDB Invest IDB Invest Piffaretti, Pablo Eduardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Digital Economy 7000000 7000000 7000000 Merqueo-Equity Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3856A-01 IDB Invest Puerto Cabezas Power S.A. generates electricity in the municipality of Puerto Cabezas in Nicaragua’s Autonomous North Atlantic Region (RAAN). PCP commenced operations in 2001 after winning a tender issued by Empresa Nicaragüense de Electricidad (ENEL) to generate electricity and provide stable energy services to the independent grid that serves the town of Bilwi and neighboring communities. The IIC loan for up to US$1.5 million will be used to boost electricity-generating capacity to up to 7 MW, which will include the purchase and commissioning of two new 1.7 MW generators, offering the local population a more efficient, more reliable, and cleaner power supply system. Puerto Cabezas Power S.A. generates electricity in the municipality of Puerto Cabezas in Nicaragua’s Autonomous North Atlantic Region (RAAN). PCP commenced operations in 2001 after winning a tender issued by Empresa Nicaragüense de Electricidad (ENEL) to generate electricity and provide stable energy services to the independent grid that serves the town of Bilwi and neighboring communities. The IIC loan for up to US$1.5 million will be used to boost electricity-generating capacity to up to 7 MW, which will include the purchase and commissioning of two new 1.7 MW generators, offering the local population a more efficient, more reliable, and cleaner power supply system. IDB Invest Puerto Cabezas Power S.A. (PCP) IDB Invest Huertas-Corcelles, Aniceto +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Energy 1500000 1500000 1500000 Puerto Cabezas Power, S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13275-01 IDB Invest This transaction is a combined long-term and medium-term corporate loan of up to US$23 million to Grupo Desarrollador de Parques Industriales S.A. ("GDPI" or the "Company"). GDPI is part of the Guerrero Group, and its purpose is to develop the Green Park Industrial Park in the Coyol area on the outskirts of Alajuela. The proposed financing is for the construction of several industrial buildings within this park, which will increase the availability of industrial facilities in the country. This will attract Direct Foreign Investment, mainly focused on life sciences, technology, and shared services clusters, and aligned with the global trend of "Near-shoring", where Costa Rica is a significant regional player. This transaction is a combined long-term and medium-term corporate loan of up to US$23 million to Grupo Desarrollador de Parques Industriales S.A. ("GDPI" or the "Company"). GDPI is part of the Guerrero Group, and its purpose is to develop the Green Park Industrial Park in the Coyol area on the outskirts of Alajuela. The proposed financing is for the construction of several industrial buildings within this park, which will increase the availability of industrial facilities in the country. This will attract Direct Foreign Investment, mainly focused on life sciences, technology, and shared services clusters, and aligned with the global trend of "Near-shoring", where Costa Rica is a significant regional player. IDB Invest Grupo Desarrollador de Parques Industriales S.A. (“GDPI”o la “Compañía”) IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Manufacturing 17000000 17000000 17000000 Guerrero Green Park Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12092-03 IDB Invest Casablanca Project consists in the design, construction, commissioning and operation of 6 (six) photovoltaic (PV) solar power plants: Casa Blanca I, II, III, IV, V and VI with a combined capacity of 359 MW peak (“MWp”) and a 0.3 km transmission line to the existing PIRAPORA II distribution substation, in addition to other interconnection facilities. Casablanca Project consists in the design, construction, commissioning and operation of 6 (six) photovoltaic (PV) solar power plants: Casa Blanca I, II, III, IV, V and VI with a combined capacity of 359 MW peak (“MWp”) and a 0.3 km transmission line to the existing PIRAPORA II distribution substation, in addition to other interconnection facilities. IDB Invest Atlas Casablanca Comercializadora de Energia Ltda. IDB Invest Cabral Da Silva Porto, Adriane +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Energy 82490000 82490000 82490000 Casablanca PV Solar Power Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI1017A-02 IDB Invest This operation consists of a loan to Café Soluble, S.A. (CSSA), a Nicaraguan company that produces and packs roasted ground coffee and instant powdered beverages. CSSA also distributes and markets its own products and products manufactured by other Nicaraguan and foreign companies. The US$3 million loan will enable the company to improve its operating and distribution efficiency and implement new product lines. This is the IIC’s third operation with the company. This operation consists of a loan to Café Soluble, S.A. (CSSA), a Nicaraguan company that produces and packs roasted ground coffee and instant powdered beverages. CSSA also distributes and markets its own products and products manufactured by other Nicaraguan and foreign companies. The US$3 million loan will enable the company to improve its operating and distribution efficiency and implement new product lines. This is the IIC’s third operation with the company. IDB Invest Café Soluble, S.A. IDB Invest Mazariegos, Anayansi +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Manufacturing 3000000 3000000 3000000 Café Soluble S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12577-02 IDB Invest The proposed financing will consist of a warehousing facility of up to US$35 million to Banco La Hipotecaria S.A. and La Hipotecaria S.A. de C.V. (the “Borrowers”) to promote social housing financing in Panama and El Salvador. The proposed financing will consist of a warehousing facility of up to US$35 million to Banco La Hipotecaria S.A. and La Hipotecaria S.A. de C.V. (the “Borrowers”) to promote social housing financing in Panama and El Salvador. IDB Invest Banco La Hipotecaria, S.A. and La Hipotecaria S.A. de C.V. IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 15000000 15000000 15000000 La Hipotecaria Warehousing Facility Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13381-01 IDB Invest The BlueOrchard Covid-19 Emerging and Frontier Markets MSME Support Fund (the “Fund” or “BlueOrchard MSME COVID19 Response Fund”) is a new global debt fund focused on providing support financing to Micro, Small and Medium enterprises (“MSMEs”) through specialized lenders (Financial Intermediaries (“FIs”)) in Emerging Markets (“EMs”) and frontier markets globally to mitigate the impact of COVID-19 pandemic and support economic recovery. IDB Invest is proposing an investment of up to US$35 million, or 15% of the total Fund capital, to support part of the Fund’s investments in Latin America and the Caribbean (“LAC”). The Fund will be managed by BlueOrchard Finance Ltd, a global impact investment manager, with more than 20 years of track record in microfinance and financial inclusion. With a target size of US$350 million, the Fund is expected to mobilize Development Finance Institutions (“DFIs”) and global institutional investors’ capital to provide much-needed funding to MSMEs through FIs (Microfinance Institutions, (“MFIs”); banks and Non-Bank Financial Institutions (“NBFIs”)). Given the characteristic of the COVID-19 crisis, in an initial phase of 12 - 24 months, the Fund is expected to provide liquidity solutions to support MSMEs operations, secure jobs, and avoid business closures and disruptions in the supply chain. In a second phase, the Fund will provide funding to support the economic recovery of MSMEs through funding to expand MSME portfolios of specialized FIs to further increase financial inclusion and support economic recovery. The Fund will be further equipped with a dedicated Technical Assistance Facility supported to fast track the recovery of MSMEs even in the most vulnerable sectors and geographies. The Fund qualifies under the 2X Challenge criteria — a commitment by the DFIs of the G7 to mobilize US$3 billion in commitments toward investments that support women’s economic empowerment in emerging markets. The BlueOrchard Covid-19 Emerging and Frontier Markets MSME Support Fund (the “Fund” or “BlueOrchard MSME COVID19 Response Fund”) is a new global debt fund focused on providing support financing to Micro, Small and Medium enterprises (“MSMEs”) through specialized lenders (Financial Intermediaries (“FIs”)) in Emerging Markets (“EMs”) and frontier markets globally to mitigate the impact of COVID-19 pandemic and support economic recovery. IDB Invest is proposing an investment of up to US$35 million, or 15% of the total Fund capital, to support part of the Fund’s investments in Latin America and the Caribbean (“LAC”). The Fund will be managed by BlueOrchard Finance Ltd, a global impact investment manager, with more than 20 years of track record in microfinance and financial inclusion. With a target size of US$350 million, the Fund is expected to mobilize Development Finance Institutions (“DFIs”) and global institutional investors’ capital to provide much-needed funding to MSMEs through FIs (Microfinance Institutions, (“MFIs”); banks and Non-Bank Financial Institutions (“NBFIs”)). Given the characteristic of the COVID-19 crisis, in an initial phase of 12 - 24 months, the Fund is expected to provide liquidity solutions to support MSMEs operations, secure jobs, and avoid business closures and disruptions in the supply chain. In a second phase, the Fund will provide funding to support the economic recovery of MSMEs through funding to expand MSME portfolios of specialized FIs to further increase financial inclusion and support economic recovery. The Fund will be further equipped with a dedicated Technical Assistance Facility supported to fast track the recovery of MSMEs even in the most vulnerable sectors and geographies. The Fund qualifies under the 2X Challenge criteria — a commitment by the DFIs of the G7 to mobilize US$3 billion in commitments toward investments that support women’s economic empowerment in emerging markets. IDB Invest BlueOrchard Finance Ltd. IDB Invest Gutierrez Gutierrez, Martha Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 35000000 35000000 35000000 MSME COVID19 Response Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12872-01 IDB Invest The proposed project includes a financing mechanism that will consist on a senior, secured, revolving warehouse facility of up to US$40 million, whose proceeds will be used to purchase and accumulate eligible endorsable mortgage loans or other similar instruments to small and mid-sized companies in Chile for a future asset backed securitization. The transaction will support and improve SMEs access to financing in Chile, narrowing the current financing gap that is increasing due to the COVID-19 crisis, and will help further expand debt capital markets in the country through new issuances of asset backed securities. The proceeds from the line will allow AVLA Group to expand its SMEs’ credit insurance business segment. The warehousing facility may support several accumulation periods, for a maximum of six years. The proposed project includes a financing mechanism that will consist on a senior, secured, revolving warehouse facility of up to US$40 million, whose proceeds will be used to purchase and accumulate eligible endorsable mortgage loans or other similar instruments to small and mid-sized companies in Chile for a future asset backed securitization. The transaction will support and improve SMEs access to financing in Chile, narrowing the current financing gap that is increasing due to the COVID-19 crisis, and will help further expand debt capital markets in the country through new issuances of asset backed securities. The proceeds from the line will allow AVLA Group to expand its SMEs’ credit insurance business segment. The warehousing facility may support several accumulation periods, for a maximum of six years. IDB Invest AVLA Seguros de Crédito y Garantía S.A. IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 40000000 40000000 40000000 Avla Chile WHL Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-BL3364A-01 IDB Invest The Project involves the development, construction, and operation of a 31.5 MW name plate capacity co-generation power plant by Belize Co-generation Energy Limited. The 27.5 MW biomass facility will burn sugar cane fibre (bagasse) as its primary fuel during both the in-crop period (December – July) and the out-of-crop period (August – November) and will be supplemented with two diesel engines (4 MW) using No.6 fuel. Belcogen will generate baseload electricity of 13.5MW to supply the national grid (Belize Electricity Limited, the privately owned electrical utility in Belize) under a signed PPA, and to supply Belize Sugar Industries (BSI) with its electrical power (9MW) and steam requirements, under an Energy and Steam Purchase Agreement (ESPA). The plant will be located adjacent to the Belize Sugar Industries Limited (BSI) sugar factory in Tower Hill, Orange Walk district, Belize. The project will generate new jobs in Belize, will bring modern technology, currently not utilised in the country, and will substitute energy currently being imported from Mexico and produced by diesel generation in Belize. As part of the financial plan, the IIC will provide long term financing, together with other financial institutions. The Project involves the development, construction, and operation of a 31.5 MW name plate capacity co-generation power plant by Belize Co-generation Energy Limited. The 27.5 MW biomass facility will burn sugar cane fibre (bagasse) as its primary fuel during both the in-crop period (December – July) and the out-of-crop period (August – November) and will be supplemented with two diesel engines (4 MW) using No.6 fuel. Belcogen will generate baseload electricity of 13.5MW to supply the national grid (Belize Electricity Limited, the privately owned electrical utility in Belize) under a signed PPA, and to supply Belize Sugar Industries (BSI) with its electrical power (9MW) and steam requirements, under an Energy and Steam Purchase Agreement (ESPA). The plant will be located adjacent to the Belize Sugar Industries Limited (BSI) sugar factory in Tower Hill, Orange Walk district, Belize. The project will generate new jobs in Belize, will bring modern technology, currently not utilised in the country, and will substitute energy currently being imported from Mexico and produced by diesel generation in Belize. As part of the financial plan, the IIC will provide long term financing, together with other financial institutions. IDB Invest Belize Sugar Industries Limited IDB Invest Levy, David +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Energy 6000000 6000000 6000000 Belize Co-Generation Energy Limited Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-NI3841A-01 IDB Invest The proposed investment in the wind farm consists of installing twenty-two 1.8 MW Vestas V90 wind turbine generators, resulting in a total power generation capacity of 39.6 MW per year. The project will be located in southwestern Nicaragua, near the town of Rivas. The area of the wind farm will be interconnected by a network of access roads. Power will be delivered to the Amayo substation via a 13 km overhead line. The main purpose of the La Fe / San Martín wind farm is to provide affordable electricity to the Nicaraguan power grid from a clean, renewable source—wind. The farm’s expected net power output is 138 GWh per year, at 40% capacity. The project qualifies as a clean development mechanism (CDM) project. Blue Power & Energy S.A. is a special purpose vehicle in Nicaragua, established by Mr. Joaquín Cuadra, M & Block and Construcción Lacayo Fiallos S.A. All these companies are owned by Nicaraguan citizens. Vestas WTG México S.A. de C.V. will supply the equipment and provide wind generator transportation, unloading, assembly, and installation services. Industria Tecnológica de Panamá S.A., an affiliate of the Belgian group TRECO, is the transaction manager. Dissur and Disnorte, utilities companies in Nicaragua, will be the offtakers. The Panama branch of Banco Internacional de Costa Rica has been working with the IIC in structuring the operation. The Danish exports agency Eksport Kredit Fonden (EKF) is also participating in the transaction. The proposed investment in the wind farm consists of installing twenty-two 1.8 MW Vestas V90 wind turbine generators, resulting in a total power generation capacity of 39.6 MW per year. The project will be located in southwestern Nicaragua, near the town of Rivas. The area of the wind farm will be interconnected by a network of access roads. Power will be delivered to the Amayo substation via a 13 km overhead line. The main purpose of the La Fe / San Martín wind farm is to provide affordable electricity to the Nicaraguan power grid from a clean, renewable source—wind. The farm’s expected net power output is 138 GWh per year, at 40% capacity. The project qualifies as a clean development mechanism (CDM) project. Blue Power & Energy S.A. is a special purpose vehicle in Nicaragua, established by Mr. Joaquín Cuadra, M & Block and Construcción Lacayo Fiallos S.A. All these companies are owned by Nicaraguan citizens. Vestas WTG México S.A. de C.V. will supply the equipment and provide wind generator transportation, unloading, assembly, and installation services. Industria Tecnológica de Panamá S.A., an affiliate of the Belgian group TRECO, is the transaction manager. Dissur and Disnorte, utilities companies in Nicaragua, will be the offtakers. The Panama branch of Banco Internacional de Costa Rica has been working with the IIC in structuring the operation. The Danish exports agency Eksport Kredit Fonden (EKF) is also participating in the transaction. IDB Invest Blue Power & Energy S.A. IDB Invest Ciurlizza, Jorge +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Nicaragua Nicaragua Energy 50000000 50000000 50000000 Blue Power Energy S.A. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13229-01 IDB Invest The transaction consists of a revolving, uncommitted credit facility to be provided by IDB Invest to Megacable Holdings S.A.B. de C.V. and its subsidiaries (“Megacable”), for an amount of US$20 million (the “Transaction”). IDB Invest will purchase from and discount to the supplier’s credit rights payable by Megacable, previously confirmed by the latter, through an eligible electronic platform. Megacable is a Mexican cable operator and provider of internet and phone service. Its supply pool in Mexico is comprised of over 5,000 suppliers, mostly Micro, Small, and Medium-sized Enterprises (MSMEs). Through this Transaction, IDB Invest seeks to facilitate access to financing to Megacable’s MSMEs suppliers in Mexico, through the discount or monetization of credit rights arising from the sale of goods and/or services of MSMEs suppliers to Megacable. The transaction consists of a revolving, uncommitted credit facility to be provided by IDB Invest to Megacable Holdings S.A.B. de C.V. and its subsidiaries (“Megacable”), for an amount of US$20 million (the “Transaction”). IDB Invest will purchase from and discount to the supplier’s credit rights payable by Megacable, previously confirmed by the latter, through an eligible electronic platform. Megacable is a Mexican cable operator and provider of internet and phone service. Its supply pool in Mexico is comprised of over 5,000 suppliers, mostly Micro, Small, and Medium-sized Enterprises (MSMEs). Through this Transaction, IDB Invest seeks to facilitate access to financing to Megacable’s MSMEs suppliers in Mexico, through the discount or monetization of credit rights arising from the sale of goods and/or services of MSMEs suppliers to Megacable. IDB Invest Megacale Holdings S.A.B. de C.V. and its subsidiaries IDB Invest Cabanas Britos, Edgar +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Digital Economy 25131900 25131900 25131900 Megacable Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12106-02 IDB Invest IDB Invest is considering an Equity Investment of up to US$10 million in RecargaPay Holdings Inc (“RecargaPay”). RecargaPay operates a mobile money platform fully integrated into payments and banking ecosystems in Brazil. RecargaPay is in the process of raising its Series C round targeting up to US$70 million, which will be used to enable further customer acquisition and new products launch. Through this investment, IDB Invest seeks to support the further development of a mobile payment platform in the country, which has potential to provide access to a wide range of financial services to unbanked populations. IDB Invest is considering an Equity Investment of up to US$10 million in RecargaPay Holdings Inc (“RecargaPay”). RecargaPay operates a mobile money platform fully integrated into payments and banking ecosystems in Brazil. RecargaPay is in the process of raising its Series C round targeting up to US$70 million, which will be used to enable further customer acquisition and new products launch. Through this investment, IDB Invest seeks to support the further development of a mobile payment platform in the country, which has potential to provide access to a wide range of financial services to unbanked populations. IDB Invest RecargaPay Holdings Inc. IDB Invest Vega Aldana, Mario Andres +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Digital Economy 9000000 9000000 9000000 RecargaPay Series C Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12232-01 IDB Invest The project consists in the construction, operation and maintenance of two photovoltaic (PV) power plants (Albireo 1 and 2) with a combined installed capacity of 140 MWp (100MWac), including an 8.7-kilometer transmission line and other interconnection facilities, located in the municipalities of Puerto del Triunfo, Jiquilisco and Ozatlán, in the Department of Usulután, El Salvador (the “Project”). The Project will benefit from 20-year US$ denominated PPAs at a price of around US$49.6MWh signed with the seven distribution companies. The PV plant will have an energy storage system based on a guaranteed 3 MW/1.5 MWh Battery Energy Storage System in order to comply with the El Salvador grid code of a 3% primary reserve service for primary regulation. The Project is being developed by Neoen S.A.S. (the “Sponsor”) a French independent power producer. The estimated total cost of the Project is around US$144 million. It is anticipated that the financing will be structured through three Senior Loans from IDB Invest, FMO and Proparco of around US$30 million each. The rest of the financing will be funded with equity from the Sponsor. The Project will provide significant and tangible benefits to El Salvador as (i) it will significantly increase the share of solar energy within El Salvador’s generation matrix; (ii) based on the auction price, the Project will contribute to reduce the electricity bills as the current PPA price is significantly below the current market average; and (iii) by investing 3% of the Project’s revenue in local social development programs, the Project will support local communities. The project consists in the construction, operation and maintenance of two photovoltaic (PV) power plants (Albireo 1 and 2) with a combined installed capacity of 140 MWp (100MWac), including an 8.7-kilometer transmission line and other interconnection facilities, located in the municipalities of Puerto del Triunfo, Jiquilisco and Ozatlán, in the Department of Usulután, El Salvador (the “Project”). The Project will benefit from 20-year US$ denominated PPAs at a price of around US$49.6MWh signed with the seven distribution companies. The PV plant will have an energy storage system based on a guaranteed 3 MW/1.5 MWh Battery Energy Storage System in order to comply with the El Salvador grid code of a 3% primary reserve service for primary regulation. The Project is being developed by Neoen S.A.S. (the “Sponsor”) a French independent power producer. The estimated total cost of the Project is around US$144 million. It is anticipated that the financing will be structured through three Senior Loans from IDB Invest, FMO and Proparco of around US$30 million each. The rest of the financing will be funded with equity from the Sponsor. The Project will provide significant and tangible benefits to El Salvador as (i) it will significantly increase the share of solar energy within El Salvador’s generation matrix; (ii) based on the auction price, the Project will contribute to reduce the electricity bills as the current PPA price is significantly below the current market average; and (iii) by investing 3% of the Project’s revenue in local social development programs, the Project will support local communities. IDB Invest Capella Solar S.A. de C.V. IDB Invest Perez Salmeron, Ana Julia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Energy 12000000 12000000 12000000 Capella Solar PV Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12986-01 IDB Invest The “Circuito 6” project consists of upgrading 78 km of the existing Route 6 in the Oriental Republic of Uruguay, which connects Montevideo with the Brazilian border and crosses the departments of Montevideo, Canelones, Florida, Durazno, Cerro Largo, Tacuarembó, and Rivera (the "Project"). Pursuant to the Public-Private Participation Law and related regulations, and after an international public tender, the Ministry of Transportation and Public Works (MTOP) has awarded the construction, 20-year operation, and financing of the road infrastructure of Route 6 to the concessionaire Circuito Seis Cuchilla Grande SA, formed by the Spanish firm Rover Infraestructuras SA and the Uruguayan firm Construcciones Viales y Civiles SA (CVC). The maximum execution time for the initial works is 36 months. The Project's works include: i) widening and restoring existing pavement structures; ii) widening and restoring the intersections with other routes, secondary roads, and accesses to the main route; iii) expanding the road between Belloni and Route 74 to a two-way street; iv) building bicycle lanes; v) refurbishing and/or building bridges and storm drains; vi) installing lighting and signage and metal guardrails; and vii) constructing a bypass to the city of San Ramon. The “Circuito 6” project consists of upgrading 78 km of the existing Route 6 in the Oriental Republic of Uruguay, which connects Montevideo with the Brazilian border and crosses the departments of Montevideo, Canelones, Florida, Durazno, Cerro Largo, Tacuarembó, and Rivera (the "Project"). Pursuant to the Public-Private Participation Law and related regulations, and after an international public tender, the Ministry of Transportation and Public Works (MTOP) has awarded the construction, 20-year operation, and financing of the road infrastructure of Route 6 to the concessionaire Circuito Seis Cuchilla Grande SA, formed by the Spanish firm Rover Infraestructuras SA and the Uruguayan firm Construcciones Viales y Civiles SA (CVC). The maximum execution time for the initial works is 36 months. The Project's works include: i) widening and restoring existing pavement structures; ii) widening and restoring the intersections with other routes, secondary roads, and accesses to the main route; iii) expanding the road between Belloni and Route 74 to a two-way street; iv) building bicycle lanes; v) refurbishing and/or building bridges and storm drains; vi) installing lighting and signage and metal guardrails; and vii) constructing a bypass to the city of San Ramon. IDB Invest Circuito Seis Cuchilla Grande SA IDB Invest Manzo Cruces, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Transport 46000000 46000000 46000000 PPP Vial Circuito 6 Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13320-01 IDB Invest CASEIF IV LP (Central America Fund) (the "Fund" or "CASEIF IV") is a new regional private equity fund that will provide growth capital and structured financing (mezzanine debt) to mid-sized companies with high growth potential in Central America, the Dominican Republic, and Colombia. CASEIF IV will be managed by LAFISE Investment Management Ltd. ("LIM"). Founded in 2000, with the support of IDB Lab (formerly MIF) and Norfund, LIM is the longest-standing Central American venture capital and impact investment fund manager dedicated to supporting the growth of Small and Medium-sized Enterprises (“SMEs”) in Central America. CASEIF IV is expected to play an important counter-cyclical role in the midst of the severe Covid-19 crisis and the recent hurricanes that impacted Central America, with a target size of US$75 million and US$400,000 for technical assistance funds. It is expected to become the largest private equity fund ever created that focuses primarily on Central America and the Dominican Republic (at least 85% of the fund), with the objective of supporting the growth of medium-sized enterprises. The Fund's investment philosophy focuses primarily on aiding the development of the regional private sector by supporting entrepreneurs with strong regional expansion plans, acquiring new technologies to increase productivity and/or penetrate new market segments, and capitalizing on nearshoring opportunities. The Fund will invest in approximately 12 medium-sized companies with high growth potential in all economic sectors (multi-sector fund), particularly focusing on those where LIM has built special capabilities and networks for value creation, such as agribusiness, food and beverage manufacturing and processing, education, and information technology (“IT”). CASEIF IV LP (Central America Fund) (the "Fund" or "CASEIF IV") is a new regional private equity fund that will provide growth capital and structured financing (mezzanine debt) to mid-sized companies with high growth potential in Central America, the Dominican Republic, and Colombia. CASEIF IV will be managed by LAFISE Investment Management Ltd. ("LIM"). Founded in 2000, with the support of IDB Lab (formerly MIF) and Norfund, LIM is the longest-standing Central American venture capital and impact investment fund manager dedicated to supporting the growth of Small and Medium-sized Enterprises (“SMEs”) in Central America. CASEIF IV is expected to play an important counter-cyclical role in the midst of the severe Covid-19 crisis and the recent hurricanes that impacted Central America, with a target size of US$75 million and US$400,000 for technical assistance funds. It is expected to become the largest private equity fund ever created that focuses primarily on Central America and the Dominican Republic (at least 85% of the fund), with the objective of supporting the growth of medium-sized enterprises. The Fund's investment philosophy focuses primarily on aiding the development of the regional private sector by supporting entrepreneurs with strong regional expansion plans, acquiring new technologies to increase productivity and/or penetrate new market segments, and capitalizing on nearshoring opportunities. The Fund will invest in approximately 12 medium-sized companies with high growth potential in all economic sectors (multi-sector fund), particularly focusing on those where LIM has built special capabilities and networks for value creation, such as agribusiness, food and beverage manufacturing and processing, education, and information technology (“IT”). IDB Invest LAFISE Investment Management Ltd. IDB Invest Vargas Gomez, Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Investment Funds 10000000 10000000 10000000 CASEIF IV LP (Central America Fund) Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13303-01 IDB Invest The proposed credit transaction (the “Project” or “Financing”) consists of a syndicated A/B transaction of up to US$ 200 million to Banco Sofisa S.A. (“Sofisa” or “Bank”), to be structured as follows: (i) US$20 million held by IDB Invest; (ii) US$30 million held by IDB; (iii) US$25 million mobilized through potential cofinancing, financed by IDB Invest in its capacity as administrator of the Chinese Cofinancing Fund for Latin America and the Caribbean (the “Fund”); (iv) US$50 million held by other Co-lenders; and (v) US$75 million mobilized through potential B-lenders. The purpose of the project is to support Sofisa in its efforts to increase financing provided to small and medium-sized enterprises (“SMEs”), including those impacted by COVID-19, and contribute to Sustainable Development Goals (“SDGs”). At the same time, IDB Invest will provide technical advisory services to Sofisa, enabling Sofisa to increase the share of companies owned and controlled by women in its portfolio of clients, by reinforcing its internal capacities and practices of diversity and inclusion. The proposed credit transaction (the “Project” or “Financing”) consists of a syndicated A/B transaction of up to US$ 200 million to Banco Sofisa S.A. (“Sofisa” or “Bank”), to be structured as follows: (i) US$20 million held by IDB Invest; (ii) US$30 million held by IDB; (iii) US$25 million mobilized through potential cofinancing, financed by IDB Invest in its capacity as administrator of the Chinese Cofinancing Fund for Latin America and the Caribbean (the “Fund”); (iv) US$50 million held by other Co-lenders; and (v) US$75 million mobilized through potential B-lenders. The purpose of the project is to support Sofisa in its efforts to increase financing provided to small and medium-sized enterprises (“SMEs”), including those impacted by COVID-19, and contribute to Sustainable Development Goals (“SDGs”). At the same time, IDB Invest will provide technical advisory services to Sofisa, enabling Sofisa to increase the share of companies owned and controlled by women in its portfolio of clients, by reinforcing its internal capacities and practices of diversity and inclusion. IDB Invest Banco Sofisa S.A. (“Sofisa”) IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 20000000 20000000 20000000 Sofisa AB Loan for SME Financing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11784-08 IDB Invest The PH Jilamito Project consists of the development, construction, commissioning and operation of run-of-the-river hydroelectric plant with an installed capacity of 14.8MW that will connect to the national grid via a 10.5 km / 34.5kV transmission line from the powerhouse substation to a switching substation to be built, owned and operated by Ingelsa (the “Project”). The Project will sell energy under a power purchase agreement (“PPA”) with Empresa Nacional de Energía Eléctrica (“ENEE”), Honduras state-owned electricity utility.The Borrower is Inversiones de Generación Eléctricas, S.A., a special purpose vehicle established under Honduran law as a sociedad anónima to carry out the Project. The Borrower’s share capital is owned by Hermacasa, S.A, a company ultimately controlled by Emin J. Abufele and Simonds International Corporation.The total cost of the Project is approximately US$75.6 million, including reserve accounts, financing costs and interest during construction. IDB Invest will participate in the financing by providing senior debt for US$20.25 million. The PH Jilamito Project consists of the development, construction, commissioning and operation of run-of-the-river hydroelectric plant with an installed capacity of 14.8MW that will connect to the national grid via a 10.5 km / 34.5kV transmission line from the powerhouse substation to a switching substation to be built, owned and operated by Ingelsa (the “Project”). The Project will sell energy under a power purchase agreement (“PPA”) with Empresa Nacional de Energía Eléctrica (“ENEE”), Honduras state-owned electricity utility.The Borrower is Inversiones de Generación Eléctricas, S.A., a special purpose vehicle established under Honduran law as a sociedad anónima to carry out the Project. The Borrower’s share capital is owned by Hermacasa, S.A, a company ultimately controlled by Emin J. Abufele and Simonds International Corporation.The total cost of the Project is approximately US$75.6 million, including reserve accounts, financing costs and interest during construction. IDB Invest will participate in the financing by providing senior debt for US$20.25 million. IDB Invest Inversiones de Generación Eléctricas, S.A. (“Ingelsa”) IDB Invest Garcia de Paredes, Margarita Raquel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Energy 15000000 15000000 15000000 PH Jilamito Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13054-01 IDB Invest The proposed financing to Mercon B.V. and Mercon Coffee Corp. (the "Borrowers", "Mercon" or the "Company") aims to provide liquidity to Borrowers, throughout the coffee value chain from their operations of origin, coffee production (own and from third parties) and its processing, to destination, logistics and commercialization (mainly exports), to promote the growth of its sales of coffee originating in Brazil, Colombia, Guatemala, Honduras, and Peru. The proposed financing consists of a revolving, uncommitted, short-term credit line linked to sustainability parameters of up to US$50 million, which will be part of a syndicated credit line of up to US$500 million, subject to optional incremental features. The participation of IDB Invest will support the Company to ensure the relevant financing for its operations, mainly financing its original activities. The proposed financing to Mercon B.V. and Mercon Coffee Corp. (the "Borrowers", "Mercon" or the "Company") aims to provide liquidity to Borrowers, throughout the coffee value chain from their operations of origin, coffee production (own and from third parties) and its processing, to destination, logistics and commercialization (mainly exports), to promote the growth of its sales of coffee originating in Brazil, Colombia, Guatemala, Honduras, and Peru. The proposed financing consists of a revolving, uncommitted, short-term credit line linked to sustainability parameters of up to US$50 million, which will be part of a syndicated credit line of up to US$500 million, subject to optional incremental features. The participation of IDB Invest will support the Company to ensure the relevant financing for its operations, mainly financing its original activities. IDB Invest Mercon B.V. Mercon Coffee Corp. IDB Invest Collivadino Salvatierra, Federico +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Agribusiness 50000000 50000000 50000000 Mercon Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12434-02 IDB Invest The proposed loan transaction (the “Transaction” or “Financing”) will be earmarked to provide advance financing for exports totaling up to US$40 million, out of which US$20 million will be provided by IDB Invest and up to US$20 million will be furnished by a participating commercial bank in the form of an A/B syndicated loan. The proposed financing will be used to i) increase Delta’s capacity to maintain its ethanol stock for longer periods thus contributing to improve the significant present imbalance between the high supply and low demand for ethanol as a result of the COVID-19 pandemic; and ii) provide medium-term working capital with amortization and grace periods consistent with the uncertainty scenario arising from the pandemic. ___________________________________________________________________________________________________________________________ Amendment April 14, 2021: The request of Delta Sucroenergia, the loan amount will be reduced to US$20 million, with the conversion of the A/B loan into a bilateral transaction with IDB Invest. The proposed loan transaction (the “Transaction” or “Financing”) will be earmarked to provide advance financing for exports totaling up to US$40 million, out of which US$20 million will be provided by IDB Invest and up to US$20 million will be furnished by a participating commercial bank in the form of an A/B syndicated loan. The proposed financing will be used to i) increase Delta’s capacity to maintain its ethanol stock for longer periods thus contributing to improve the significant present imbalance between the high supply and low demand for ethanol as a result of the COVID-19 pandemic; and ii) provide medium-term working capital with amortization and grace periods consistent with the uncertainty scenario arising from the pandemic. ___________________________________________________________________________________________________________________________ Amendment April 14, 2021: The request of Delta Sucroenergia, the loan amount will be reduced to US$20 million, with the conversion of the A/B loan into a bilateral transaction with IDB Invest. IDB Invest Delta Sucroenergia S.A IDB Invest de Paiva Ferraz, Joao Victor +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Agribusiness 20000000 20000000 20000000 Delta Sucroenergia Senior Secured A/B Loan Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13082-01 IDB Invest IDB Invest is considering an investment of up to US$8 million in Produce Pay Inc. (the “Company”). The Company develops, manages, and operates a proprietary agri-fintech platform that provides fruits and vegetables growers with financing, marketplace, and market intelligence. The innovative and disruptive business model facilitates access to working capital financing to mostly small and medium growers in Latin America exporting their produce to the United States, while its marketplace and market insights services help them create new business opportunities with fair and transparent commercial conditions. The impact of this project was highlighted on our 2021 Annual Report. The Company will utilize the proceeds of the new equity round to enhance its online platform and operating capacity in order to expand further its operations in Latin America. As the Company grows, it expects to positively impact growers enabling them to scale up their businesses. IDB Invest is considering an investment of up to US$8 million in Produce Pay Inc. (the “Company”). The Company develops, manages, and operates a proprietary agri-fintech platform that provides fruits and vegetables growers with financing, marketplace, and market intelligence. The innovative and disruptive business model facilitates access to working capital financing to mostly small and medium growers in Latin America exporting their produce to the United States, while its marketplace and market insights services help them create new business opportunities with fair and transparent commercial conditions. The impact of this project was highlighted on our 2021 Annual Report. The Company will utilize the proceeds of the new equity round to enhance its online platform and operating capacity in order to expand further its operations in Latin America. As the Company grows, it expects to positively impact growers enabling them to scale up their businesses. IDB Invest Produce Pay Inc. IDB Invest Piffaretti, Pablo Eduardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Agribusiness 8000000 8000000 8000000 ProducePay Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11794-04 IDB Invest Empresas Públicas de Medellín S.A E.S.P. ("EPM") is developing the Ituango Hydroelectric Project (the "Project"), an infrastructure project to significantly expand electricity in Colombia. Located in the Department of Antioquia, at less than one kilometer north of the Ituango River and approximately at 170 km from Medellin, the Project will be the largest hydroelectric generation plant in the country, with an installed capacity of 2,400 MW that will allow the generation of 13,900 GWh per year. The IDB Invest facility will support EPM's strategy through a 12-year non-sovereign guaranteed corporate loan, including a four-year grace period. IDB Invest's participation in this operation played a catalytic role in mobilizing new sources of long-term commercial financing for EPM. Between April and May 2018, the Project and its surrounding areas experienced heavy rains which caused large landslides. These events coupled with the geological characteristics resulted in a blockage of this structure which caused the premature filling of the reservoir. A sudden temporary unblock of one of its diversion tunnels caused flooding downstream of the dam, a situation that led to the preventive evacuation of the communities’ residents in the area and generated unanticipated environmental effects. As of August 2019, the Project's situation is as follows: (i) the spillway is in operation since March 2019; (ii) the dam height is complete at its final level of 435 meters above sea level; (iii) the first gate of the auxiliary diversion gallery has been reinstalled; (iv) the cleaning of the caverns of transformers, generators and surge chambers, which remained flooded for almost a year, is under way; and (v) the final closure of diversion tunnels is under way. At the end of July 2019, Colombia's National Disaster Risk Management Unit changed the risk level from red to orange for populations immediately downstream of the dam, making it possible for more than 600 families who were preemptively evacuated to return to their homes. As a result of the above, the Project timeline has been adjusted. Empresas Públicas de Medellín S.A E.S.P. ("EPM") is developing the Ituango Hydroelectric Project (the "Project"), an infrastructure project to significantly expand electricity in Colombia. Located in the Department of Antioquia, at less than one kilometer north of the Ituango River and approximately at 170 km from Medellin, the Project will be the largest hydroelectric generation plant in the country, with an installed capacity of 2,400 MW that will allow the generation of 13,900 GWh per year. The IDB Invest facility will support EPM's strategy through a 12-year non-sovereign guaranteed corporate loan, including a four-year grace period. IDB Invest's participation in this operation played a catalytic role in mobilizing new sources of long-term commercial financing for EPM. Between April and May 2018, the Project and its surrounding areas experienced heavy rains which caused large landslides. These events coupled with the geological characteristics resulted in a blockage of this structure which caused the premature filling of the reservoir. A sudden temporary unblock of one of its diversion tunnels caused flooding downstream of the dam, a situation that led to the preventive evacuation of the communities’ residents in the area and generated unanticipated environmental effects. As of August 2019, the Project's situation is as follows: (i) the spillway is in operation since March 2019; (ii) the dam height is complete at its final level of 435 meters above sea level; (iii) the first gate of the auxiliary diversion gallery has been reinstalled; (iv) the cleaning of the caverns of transformers, generators and surge chambers, which remained flooded for almost a year, is under way; and (v) the final closure of diversion tunnels is under way. At the end of July 2019, Colombia's National Disaster Risk Management Unit changed the risk level from red to orange for populations immediately downstream of the dam, making it possible for more than 600 families who were preemptively evacuated to return to their homes. As a result of the above, the Project timeline has been adjusted. IDB Invest Empresas Públicas de Medellín S.A E.S.P IDB Invest Cubillos Prieto, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Energy 64000000 64000000 64000000 Ituango Hydroelectric Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13280-01 IDB Invest The proposed transaction consists of a social subordinated bond of up to US$75 million which will be funded in up to US$50 million by IDB Invest and the rest (up to US$25 million) by other impact investors. IDB Invest will support Banco Nacional de Costa Rica (“BNCR” or the “Bank”) to launch its first social bond in accordance with the Social Bond Principles issued by the International Capital Markets Association (“ICMA”). The bond aims to support the Bank in financing Small and Medium-Sized Enterprises (“SMEs”), as well as to grow its “BN Mujer” portfolio which is oriented to women-owned and women-led SMEs. The proposed transaction consists of a social subordinated bond of up to US$75 million which will be funded in up to US$50 million by IDB Invest and the rest (up to US$25 million) by other impact investors. IDB Invest will support Banco Nacional de Costa Rica (“BNCR” or the “Bank”) to launch its first social bond in accordance with the Social Bond Principles issued by the International Capital Markets Association (“ICMA”). The bond aims to support the Bank in financing Small and Medium-Sized Enterprises (“SMEs”), as well as to grow its “BN Mujer” portfolio which is oriented to women-owned and women-led SMEs. IDB Invest Banco Nacional de Costa Rica IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 45000000 45000000 45000000 BNCR - Social Subordinated Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13032-02 IDB Invest The main objective of the Project consists of supporting Marfrig’s environmental and social initiatives connected to its E&S-focused plan, “Plano Verde+”, aimed at accelerating investments to strengthen the sustainability in the beef supply chain, as well as other projected investments in the South American Operations. Amedment on July 21, 2021: Hydrological studies are being published. The main objective of the Project consists of supporting Marfrig’s environmental and social initiatives connected to its E&S-focused plan, “Plano Verde+”, aimed at accelerating investments to strengthen the sustainability in the beef supply chain, as well as other projected investments in the South American Operations. Amedment on July 21, 2021: Hydrological studies are being published. IDB Invest Marfrig Global Foods IDB Invest Guedes Kafrune, Maher Alexandre +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Agribusiness 15050000 15050000 15050000 Marfrig Global Foods Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13377-01 IDB Invest On December 2019 the Uruguayan National Utility of Electric Plants and Transmission Administration (Administración Nacional de Usinas y Trasmisiones Electricas, herafater “UTE") awarded Tealov S. A. the design and construction of: i) a 60 km long 500 kV transmission line (“TL”); ii) a 20 km 150 kV TL; iii) a 500 kV substation in Cardal (southern central Uruguay); and iv) ancillary works for existing lines and substations allowing the interconnection of the new Cardal substation (“the Project”). Tealov S. A. ("Tealov") is the Uruguayan special purpose vehicle (“SPV”) owned by Invenergy Transmission International Holdings LLC (both indirectly owned by Invenergy Investment Company LLC). Tealov and UTE have executed an Operating Lease Contract (“OLC") with the following scope: 20 year for a 500 kV substation, and 30 year for the 500 kV TL and the 150 kV TL. After the Project has reached its commercial operation, UTE will take over its operation and maintenance. Both transmission lines stretch across rural areas of the country, mainly used for agriculture and as grasslands to raise cattle. However, some stretches of the Cardal – Punta del Tigre TL intersect areas of conservation interest. On December 2019 the Uruguayan National Utility of Electric Plants and Transmission Administration (Administración Nacional de Usinas y Trasmisiones Electricas, herafater “UTE") awarded Tealov S. A. the design and construction of: i) a 60 km long 500 kV transmission line (“TL”); ii) a 20 km 150 kV TL; iii) a 500 kV substation in Cardal (southern central Uruguay); and iv) ancillary works for existing lines and substations allowing the interconnection of the new Cardal substation (“the Project”). Tealov S. A. ("Tealov") is the Uruguayan special purpose vehicle (“SPV”) owned by Invenergy Transmission International Holdings LLC (both indirectly owned by Invenergy Investment Company LLC). Tealov and UTE have executed an Operating Lease Contract (“OLC") with the following scope: 20 year for a 500 kV substation, and 30 year for the 500 kV TL and the 150 kV TL. After the Project has reached its commercial operation, UTE will take over its operation and maintenance. Both transmission lines stretch across rural areas of the country, mainly used for agriculture and as grasslands to raise cattle. However, some stretches of the Cardal – Punta del Tigre TL intersect areas of conservation interest. IDB Invest Tealov IDB Invest Diaz Gomez, Anahi +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Energy 14000000 14000000 14000000 Cardal-Punta del Tigre-Salto T-Line B Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12990-01 IDB Invest Guyana Shore Base Inc. (“GYSBI” or the “Company”) is a privately owned and operated shore base facility located in Georgetown, Guyana. GYSBI serves as a transshipment point for supplies, materials, and equipment, and provides various support personnel and services, including waste management, warehousing, fuel bunkering, pipe storage, water treatment and potable water storage, among other services, to Esso Exploration & Production Guyana Limited (“EEPGL” or the “Offtaker”) a subsidiary of ExxonMobil in Guyana. The Company is seeking total debt financing of approximately US$130 million, and IDB Invest as A lender will be providing approximately US$70 million to (i) refinance certain existing bridge loans; (ii) expand GYSBI’s port and shore base facilities through the construction of four additional berths; (iii) increase the size of the Shore Base logistics support area; (iv) develop and construct an infill project that will allow offloading of heavier cargo; (v) purchase and construct a waste management facility; (vi) install rooftop solar photovoltaic (“PV”) capacity to meet GYSBI’s energy needs; and (vii) construct additional warehouse capacity. Guyana Shore Base Inc. (“GYSBI” or the “Company”) is a privately owned and operated shore base facility located in Georgetown, Guyana. GYSBI serves as a transshipment point for supplies, materials, and equipment, and provides various support personnel and services, including waste management, warehousing, fuel bunkering, pipe storage, water treatment and potable water storage, among other services, to Esso Exploration & Production Guyana Limited (“EEPGL” or the “Offtaker”) a subsidiary of ExxonMobil in Guyana. The Company is seeking total debt financing of approximately US$130 million, and IDB Invest as A lender will be providing approximately US$70 million to (i) refinance certain existing bridge loans; (ii) expand GYSBI’s port and shore base facilities through the construction of four additional berths; (iii) increase the size of the Shore Base logistics support area; (iv) develop and construct an infill project that will allow offloading of heavier cargo; (v) purchase and construct a waste management facility; (vi) install rooftop solar photovoltaic (“PV”) capacity to meet GYSBI’s energy needs; and (vii) construct additional warehouse capacity. IDB Invest Guyana Shore Base Inc. IDB Invest Robberechts, Elizabeth M. +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guyana Guyana Transport 54000000 54000000 54000000 Guyana Shore Base Inc. Phase 2 Development Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11532-04 IDB Invest 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. IDB Invest Te Creemos, S.A. de C.V., S.F.P. IDB Invest Piffaretti, Pablo Eduardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 15000000 15000000 15000000 Te Creemos Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13283-01 IDB Invest The transaction consists in a noncommitted revolving reverse factoring facility (the “Transaction”) to be provided by IDB Invest to AlEn del Norte, S.A. de C.V. and its incorporated subsidiaries in Mexico (“AlEn” or the “Company”). At its sole discretion, IDB Invest will be entitled to: purchase or discount the credit rights held by suppliers payable by AlEn previously confirmed by the latter through an eligible electronic platform. AlEn is a Mexican company engaged in manufacturing, packing and selling liquid chemical products distributed in the household cleaning products market. Its supply chain in Mexico is made up by 2,500 suppliers, mostly micro-, small- and medium-sized enterprises (MSMEs). Through the Transaction, IDB Invest seeks to enable financing at competitive prices for AlEn’s suppliers in Mexico by discounting or monetizing their credit rights arising from the sale of goods and/or services to AlEn. The average expiry of the credit rights under the Transaction is expected to be 180 days. Reverse factoring solutions are aimed at enabling access to viable financing to suppliers which are mostly MSMEs. The transaction consists in a noncommitted revolving reverse factoring facility (the “Transaction”) to be provided by IDB Invest to AlEn del Norte, S.A. de C.V. and its incorporated subsidiaries in Mexico (“AlEn” or the “Company”). At its sole discretion, IDB Invest will be entitled to: purchase or discount the credit rights held by suppliers payable by AlEn previously confirmed by the latter through an eligible electronic platform. AlEn is a Mexican company engaged in manufacturing, packing and selling liquid chemical products distributed in the household cleaning products market. Its supply chain in Mexico is made up by 2,500 suppliers, mostly micro-, small- and medium-sized enterprises (MSMEs). Through the Transaction, IDB Invest seeks to enable financing at competitive prices for AlEn’s suppliers in Mexico by discounting or monetizing their credit rights arising from the sale of goods and/or services to AlEn. The average expiry of the credit rights under the Transaction is expected to be 180 days. Reverse factoring solutions are aimed at enabling access to viable financing to suppliers which are mostly MSMEs. IDB Invest AlEn del Norte, S.A de C.V y subsidiarias incorporadas en México. (“AlEn” o la “Compañía”). IDB Invest Baltazar Vazquez, Lucia Adriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 28000000 28000000 28000000 AlEn - Supply Chain Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13284-01 IDB Invest The transaction consists of an uncommitted revolving reverse factoring facility (the "Transaction") to be provided by IDB Invest to Frisa Industrias S.A. de C.V. and its subsidiaries incorporated in Mexico (“Frisa” or “the Company”). IDB Invest may, at its sole discretion: purchase and discount supplier credit rights payable by Frisa, previously confirmed by the latter, through an eligible electronic platform. Frisa is a Mexican company engaged in the design, forging, manufacturing, machining, and marketing of rolled rings for industrial uses, made from carbon, alloy, stainless, titanium, and superalloy steels for the following industries: aerospace, construction and mining, industrial machinery, oil and gas, wind energy, and power generation. Through the Transaction, IDB Invest seeks to facilitate financing at competitive prices to Frisa's Micro, Small and Medium-Sized Enterprises ("MSMEs") suppliers in Mexico, through the discount or monetization of their credit rights derived from the sale of goods and/or services to Frisa. The average maturity of the credit rights under the Transaction is expected to be 180 days. Reverse factoring solutions aim to facilitate access to affordable financing for suppliers, mostly MSMEs. The transaction consists of an uncommitted revolving reverse factoring facility (the "Transaction") to be provided by IDB Invest to Frisa Industrias S.A. de C.V. and its subsidiaries incorporated in Mexico (“Frisa” or “the Company”). IDB Invest may, at its sole discretion: purchase and discount supplier credit rights payable by Frisa, previously confirmed by the latter, through an eligible electronic platform. Frisa is a Mexican company engaged in the design, forging, manufacturing, machining, and marketing of rolled rings for industrial uses, made from carbon, alloy, stainless, titanium, and superalloy steels for the following industries: aerospace, construction and mining, industrial machinery, oil and gas, wind energy, and power generation. Through the Transaction, IDB Invest seeks to facilitate financing at competitive prices to Frisa's Micro, Small and Medium-Sized Enterprises ("MSMEs") suppliers in Mexico, through the discount or monetization of their credit rights derived from the sale of goods and/or services to Frisa. The average maturity of the credit rights under the Transaction is expected to be 180 days. Reverse factoring solutions aim to facilitate access to affordable financing for suppliers, mostly MSMEs. IDB Invest Frisa Industrias S.A. de C.V. y subsidiarias incorporadas en México. (“Frisa” o la “Compañía”). IDB Invest Aguirre Hernandez, Alma Iliana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 50000000 50000000 50000000 FRISA - Supply Chain Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13148-01 IDB Invest Ortiz Construcciones y Proyectos, S.A. ("Grupo Ortiz" or "the Company") has requested financial assistance from IDB Invest to establish an uncommitted revolving credit line (the "Line") to finance its subsidiaries suppliers in Mexico, Colombia, and Panama through the acquisition of collection rights (the "Project" or the "Operation"). The Operation included 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. Ortiz Construcciones y Proyectos, S.A. ("Grupo Ortiz" or "the Company") has requested financial assistance from IDB Invest to establish an uncommitted revolving credit line (the "Line") to finance its subsidiaries suppliers in Mexico, Colombia, and Panama through the acquisition of collection rights (the "Project" or the "Operation"). The Operation included 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. IDB Invest Ortiz Construcciones y Proyectos, S.A. IDB Invest Blakely, Brian +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Energy 5000000 5000000 5000000 Financing of Ortiz Construcciones supply chain in Colombia and Panama Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12678-01 IDB Invest The proposed project consists of a senior loan facility in local currency up to the equivalent in Mexican pesos of US$15 million to Consejo de Asistencia al Microemprendedor, S.A. de C.V., S.F.P. ("CAME", 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 Consejo de Asistencia al Microemprendedor, S.A. de C.V., S.F.P. ("CAME", 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. IDB Invest Consejo de Asistencia al Microemprendedor, S.A. de C.V., S.F.P. IDB Invest Piffaretti, Pablo Eduardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 15000000 15000000 15000000 CAME Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12090-02 IDB Invest The project aims to finance Small and Medium-sized companies (“SMEs”) through factoring and financial leasing operations in Chile. The proposed operation includes a senior unsecured A/B loan, composed of: (i) an A Loan of up to US$15 million to be financed by IDB Invest, for a term of up to four years, including up to 18 months of grace; and (ii) a B Loan of up to US$7 million to be financed by commercial banks, other financial institutions, or other entities through the signing of participation agreements, for a term of up to two years with a one-year grace period. The funds will support the credit activities that Factotal carries out with SMEs in Chile, financing factoring and leasing operations to mitigate the effects of the COVID-19 pandemic, and will also be aimed at providing financing for SMEs led by women. The project aims to finance Small and Medium-sized companies (“SMEs”) through factoring and financial leasing operations in Chile. The proposed operation includes a senior unsecured A/B loan, composed of: (i) an A Loan of up to US$15 million to be financed by IDB Invest, for a term of up to four years, including up to 18 months of grace; and (ii) a B Loan of up to US$7 million to be financed by commercial banks, other financial institutions, or other entities through the signing of participation agreements, for a term of up to two years with a one-year grace period. The funds will support the credit activities that Factotal carries out with SMEs in Chile, financing factoring and leasing operations to mitigate the effects of the COVID-19 pandemic, and will also be aimed at providing financing for SMEs led by women. IDB Invest Factotal S.A. IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 15000000 15000000 15000000 Factotal COVID-19 Mitigation Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-ES-L1091 IDB Invest Disclaimer 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. Disclaimer 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. IDB Invest N/A IDB Invest Perez Salmeron, Ana Julia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13143-01 IDB Invest The proposed transaction consists of a secured, revolving, non-committed line of credit with a 3 year tenor, for up to US$9 million, under which IDB Invest would make disbursements in up to 240 days to import agricultural machinery and/or supplies for Main International Trading Company S.R.L’s (“Mainter” or the “Company”) “Elegible Vendor(s),” which will be sold and/or financed out to agricultural producers. The Project seeks to offer a working capital solution that is currently unavailable in the Bolivian market, which will allow Mainter to finance the imports of agricultural machinery and/or supplies, continue with its growth plan and pass the economic benefits of the Facility to its small and mid-sized agricultural producer clients. This would be the first transaction of IDB Invest with Mainter, and with Grupo Landicorp, and its first intervention in the agribusiness sector in Bolivia in the last few years. AMENDMENT: In May 25, 2021, the following information is being updated: Financing Amount: US$5,000,000 Term of disbursements: 210 days Destination: Import of Agro-supplies The proposed transaction consists of a secured, revolving, non-committed line of credit with a 3 year tenor, for up to US$9 million, under which IDB Invest would make disbursements in up to 240 days to import agricultural machinery and/or supplies for Main International Trading Company S.R.L’s (“Mainter” or the “Company”) “Elegible Vendor(s),” which will be sold and/or financed out to agricultural producers. The Project seeks to offer a working capital solution that is currently unavailable in the Bolivian market, which will allow Mainter to finance the imports of agricultural machinery and/or supplies, continue with its growth plan and pass the economic benefits of the Facility to its small and mid-sized agricultural producer clients. This would be the first transaction of IDB Invest with Mainter, and with Grupo Landicorp, and its first intervention in the agribusiness sector in Bolivia in the last few years. AMENDMENT: In May 25, 2021, the following information is being updated: Financing Amount: US$5,000,000 Term of disbursements: 210 days Destination: Import of Agro-supplies IDB Invest Main International Trading Company S.R.L IDB Invest Canelas, Alejandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Agribusiness 5000000 5000000 5000000 Mainter Import Finance Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11984-02 IDB Invest The Project will support Klabin S.A. (“Klabin” or “Company”) growth strategy for the 2019-2023 period. The investment plan consists in the construction of two new pulp integrated paper machines to produce kraftliner paper (the “Project”). The two new machines will have a total capacity of 920 thousand tons of paper per year. Construction will be in the same industrial unit Klabin currently operates in the municipality of Ortigueira/PR (“Puma Unit”). The Project will support Klabin S.A. (“Klabin” or “Company”) growth strategy for the 2019-2023 period. The investment plan consists in the construction of two new pulp integrated paper machines to produce kraftliner paper (the “Project”). The two new machines will have a total capacity of 920 thousand tons of paper per year. Construction will be in the same industrial unit Klabin currently operates in the municipality of Ortigueira/PR (“Puma Unit”). IDB Invest Klabin S.A. IDB Invest de Paiva Ferraz, Joao Victor +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Manufacturing 100000000 100000000 100000000 PUMA II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13420-01 IDB Invest The Bosques Solares Los Llanos project (the "Project" or "BSL") of Matrix Renewables Colombia S.A.S. (the "Company" or "Matrix") is located in the municipality of Puerto Gaitan in the province of Meta, Colombia. The Project involves the construction and operation of: (i) three contiguous solar generation projects (BSL1, BSL2, and BSL3) with a total aggregate installed capacity of 81.7 Mega Watt peak (MWp), (ii) a 2,711-meter long, 34.5 kilovolts (kV) transmission line (TL), with 1,714 meters of underground wiring and 996 meters of overhead wiring, and (iii) the retrofitting of Altillanura electrical substation from Electrificadora del Meta S.A. (EMSA). The three BSLs were recently acquired by the Company from Trina Solar, a photovoltaic module manufacturing and installation company, which was also in charge of the construction of the three solar farms. The Project is in a leadership transition stage and, as of March 2021, it registers BSL1 and BSL2 in the operational phase under Trina Solar's guidelines, while BSL3 is in the technical testing phase before entering its operational phase. The Bosques Solares Los Llanos project (the "Project" or "BSL") of Matrix Renewables Colombia S.A.S. (the "Company" or "Matrix") is located in the municipality of Puerto Gaitan in the province of Meta, Colombia. The Project involves the construction and operation of: (i) three contiguous solar generation projects (BSL1, BSL2, and BSL3) with a total aggregate installed capacity of 81.7 Mega Watt peak (MWp), (ii) a 2,711-meter long, 34.5 kilovolts (kV) transmission line (TL), with 1,714 meters of underground wiring and 996 meters of overhead wiring, and (iii) the retrofitting of Altillanura electrical substation from Electrificadora del Meta S.A. (EMSA). The three BSLs were recently acquired by the Company from Trina Solar, a photovoltaic module manufacturing and installation company, which was also in charge of the construction of the three solar farms. The Project is in a leadership transition stage and, as of March 2021, it registers BSL1 and BSL2 in the operational phase under Trina Solar's guidelines, while BSL3 is in the technical testing phase before entering its operational phase. IDB Invest Bosques Solares de los Llanos 1, S.A.S. E.S.P Bosques Solares de los Llanos 2, S.A.S. E.S.P Bosques Solares de los Llanos 3, S.A.S. E.S.P IDB Invest Yan, Shanyue +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Energy 940000 940000 940000 PV Llanos 3 Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-RA2849A-01 IDB Invest ALAF II (the “Fund”) is a multi-sector fund that will invest growth capital in middle market businesses in Latin America. The Fund is the Abraaj’s Group (“Abraaj” or the “Group”) first Latin America Fund. The Fund has a regional approach focused on Mexico, Colombia, Peru, and Chile, to take advantage of the regional integration occurring through the Pacific Alliance. Opportunistically, the Fund may invest in other countries in South America and Central America (primarily Costa Rica and Panama). The regional integration, together with Abraaj’s team value-added will contribute to the creation and improvement of the phenomenon of Latin American multinational corporations, better known as multilatinas.Abraaj is a leading fund manager focused on emerging markets across the world, and most recently Latin America. Abraaj currently manages US$9 billion, encompassing investments in ten broad sectors and 50 countries. To date, the Group has made over 165 investments and has achieved over 70 exits in multiple differing economic environments.The Fund will invest in middle market businesses in sectors that are related to macro-trends like growing urban centers, and regionalization with focus primarily on companies whose growth is driven by private consumption and domestic demand.The IIC’s participation in the Fund, for up to US$3 million, is expected to play an important role in furthering the engagement of the Abraaj Group with the IDB Group and with the Latin American and Caribbean region. This would give the Fund access to: technical assistance programs, key sector regional experience and network, potential additional sources of financing for co-investments or follow-on investments in the Fund’s portfolio companies, and access to best practices in corporate governance and environmental and social standards. The success of the regional integration of the portfolio companies of the Fund will create employment opportunities and develop further business links in the Pacific Alliance. ALAF II (the “Fund”) is a multi-sector fund that will invest growth capital in middle market businesses in Latin America. The Fund is the Abraaj’s Group (“Abraaj” or the “Group”) first Latin America Fund. The Fund has a regional approach focused on Mexico, Colombia, Peru, and Chile, to take advantage of the regional integration occurring through the Pacific Alliance. Opportunistically, the Fund may invest in other countries in South America and Central America (primarily Costa Rica and Panama). The regional integration, together with Abraaj’s team value-added will contribute to the creation and improvement of the phenomenon of Latin American multinational corporations, better known as multilatinas.Abraaj is a leading fund manager focused on emerging markets across the world, and most recently Latin America. Abraaj currently manages US$9 billion, encompassing investments in ten broad sectors and 50 countries. To date, the Group has made over 165 investments and has achieved over 70 exits in multiple differing economic environments.The Fund will invest in middle market businesses in sectors that are related to macro-trends like growing urban centers, and regionalization with focus primarily on companies whose growth is driven by private consumption and domestic demand.The IIC’s participation in the Fund, for up to US$3 million, is expected to play an important role in furthering the engagement of the Abraaj Group with the IDB Group and with the Latin American and Caribbean region. This would give the Fund access to: technical assistance programs, key sector regional experience and network, potential additional sources of financing for co-investments or follow-on investments in the Fund’s portfolio companies, and access to best practices in corporate governance and environmental and social standards. The success of the regional integration of the portfolio companies of the Fund will create employment opportunities and develop further business links in the Pacific Alliance. IDB Invest Investee: Abraaj Latin America Fund II, L.P. IDB Invest Lucas de Beaufort +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Investment Funds 3000000 3000000 3000000 Abraaj Latin America Fund II, L.P. Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13286-01 IDB Invest The proposed transaction consists of a senior secured loan for Eco-Acuícola S.A.C. and Ecosac Agrícola S.A.C. (“Ecosac” or the “Company”). The transaction consists of an A/B loan for up to US$58.5 million, with a 10-year term (7 years for the B loan) and a two-year grace period with a collateral guarantee acceptable to IDB Invest. The funds will be used to finance: (i) expansion capital investments to increase crop production and the efficiency of existing operations; (ii) permanent working capital; and (iii) debt refinancing (the “Project”). The proposed transaction consists of a senior secured loan for Eco-Acuícola S.A.C. and Ecosac Agrícola S.A.C. (“Ecosac” or the “Company”). The transaction consists of an A/B loan for up to US$58.5 million, with a 10-year term (7 years for the B loan) and a two-year grace period with a collateral guarantee acceptable to IDB Invest. The funds will be used to finance: (i) expansion capital investments to increase crop production and the efficiency of existing operations; (ii) permanent working capital; and (iii) debt refinancing (the “Project”). IDB Invest ECOSAC IDB Invest Collivadino Salvatierra, Federico +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Agribusiness 35000000 35000000 35000000 Ecosac LT Financing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13323-01 IDB Invest Trecsa Guatemala Green Transmission Line Trecsa Guatemala Green Transmission Line IDB Invest Transportadora de Energía de Centroamérica S.A. IDB Invest Blakely, Brian +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Energy 145000000 145000000 145000000 Trecsa Guatemala Green Transmission Line Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13144-01 IDB Invest This transaction involves a revolving and uncommitted line of credit in favor of Farmacorp S.A. (hereinafter "Farmacorp" or the "Company") in Bolivia. These funds will be used to import medical and hospital supplies from foreign suppliers. Farmacorp is the largest and most experienced retail drugstore business in Bolivia. The Company sells drugs (82%), food, cosmetics and miscellaneous personal care and wellness products. Farmacorp sells private or own brand products that represent 5% of its range. However, it mostly represents international brands in Bolivia, including GNC Live Well, About Time, Foster Grant, Jockey, Ubu and Scunci. The Company has 70 years’ experience and its market share of the drugstore chain segment is about 46%. Its stores are concentrated in the Santa Cruz and Cochabamba departments, but it also has stores in La Paz, Tarija and Oruro. This transaction involves a revolving and uncommitted line of credit in favor of Farmacorp S.A. (hereinafter "Farmacorp" or the "Company") in Bolivia. These funds will be used to import medical and hospital supplies from foreign suppliers. Farmacorp is the largest and most experienced retail drugstore business in Bolivia. The Company sells drugs (82%), food, cosmetics and miscellaneous personal care and wellness products. Farmacorp sells private or own brand products that represent 5% of its range. However, it mostly represents international brands in Bolivia, including GNC Live Well, About Time, Foster Grant, Jockey, Ubu and Scunci. The Company has 70 years’ experience and its market share of the drugstore chain segment is about 46%. Its stores are concentrated in the Santa Cruz and Cochabamba departments, but it also has stores in La Paz, Tarija and Oruro. IDB Invest Farmacorp S.A. (“Farmarcorp” o la “Compañía) IDB Invest Canelas, Alejandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Manufacturing 5000000 5000000 5000000 FARMACORP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13326-01 IDB Invest This transaction consists of a long-term corporate loan of up to US$14 million to Calox de Costa Rica S.A. ("CALOX" or the "Company"). CALOX is a company that has operated for more than 25 years in Central America and the Caribbean, dedicated to the production, distribution, and sale of mainly generic pharmaceutical products. The proposed financing includes two main objectives: the first consists of the acquisition of the current plant to make improvements in infrastructure and energy efficiency, which will allow it to become certified and expand its production capacity in the medium term; the second objective consists of providing medium-term financing for permanent working capital, to enhance: (i) the expansion of medicines under its own brand ("Xaikus"); (ii) the expansion into the South American market; and (iii) continuing research and development of new products, as well as strengthening its presence in the Central American market with drugs attending to the health crisis caused by the COVID-19 pandemic. This transaction consists of a long-term corporate loan of up to US$14 million to Calox de Costa Rica S.A. ("CALOX" or the "Company"). CALOX is a company that has operated for more than 25 years in Central America and the Caribbean, dedicated to the production, distribution, and sale of mainly generic pharmaceutical products. The proposed financing includes two main objectives: the first consists of the acquisition of the current plant to make improvements in infrastructure and energy efficiency, which will allow it to become certified and expand its production capacity in the medium term; the second objective consists of providing medium-term financing for permanent working capital, to enhance: (i) the expansion of medicines under its own brand ("Xaikus"); (ii) the expansion into the South American market; and (iii) continuing research and development of new products, as well as strengthening its presence in the Central American market with drugs attending to the health crisis caused by the COVID-19 pandemic. IDB Invest Calox de Costa Rica S.A. (“Calox” or the “Company”) IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Manufacturing 14000000 14000000 14000000 CALOX Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13522-01 IDB Invest The Rumichaca-Pasto corridor (the “Project) is part of the fourth generation (4G) concession group led by the Government of Colombia through its National Infrastructure Agency (ANI, for its Spanish acronym).The Project, operated by Concesionaria Vial Unión del Sur (the “Concessionaire”), covers 83 km of roads located in the Department of Nariño (south of Colombia) connecting the border crossing point, located in the international border between Colombia and Ecuador, with the City of Pasto. The Project entails: i) the rehabilitation of 15.7 km between Rumichaca and the San Juan Corregimiento in Ipiales; ii) the construction of 62.1 km of a double roadway between the San Juan and Catambuco Corregimientos, in the City of Pasto (25 km of brand-new double roadway between San Juan and Pilcuán Viejo); and iii) the improvement of 5.2 km of road in the Catambuco-Pasto stretch.For follow-up purposes, the Project was divided into five functional units (FU) as follows: i) FU1, connecting Rumichaca with Contadero (24.66 km); ii) FU2, between Contadero and Iles (12.27 km); iii) FU3 between Iles and Pedregal (7.20 km); iv) FU4 between Pedregal and Tangua (15.75 km); and v) FU5 between Tangua and Pasto (22.18 km). In April 2021, the progress of the civil works was close to 90%. It is estimated that the works will conclude in 2021.The Project was originally funded through a medium-term financing structure (usually known as "MiniPerm"). Therefore, it needs to be refinanced. IDB Invest expects to be involved in such refinancing helping mobilize institutional investor resources The Rumichaca-Pasto corridor (the “Project) is part of the fourth generation (4G) concession group led by the Government of Colombia through its National Infrastructure Agency (ANI, for its Spanish acronym).The Project, operated by Concesionaria Vial Unión del Sur (the “Concessionaire”), covers 83 km of roads located in the Department of Nariño (south of Colombia) connecting the border crossing point, located in the international border between Colombia and Ecuador, with the City of Pasto. The Project entails: i) the rehabilitation of 15.7 km between Rumichaca and the San Juan Corregimiento in Ipiales; ii) the construction of 62.1 km of a double roadway between the San Juan and Catambuco Corregimientos, in the City of Pasto (25 km of brand-new double roadway between San Juan and Pilcuán Viejo); and iii) the improvement of 5.2 km of road in the Catambuco-Pasto stretch.For follow-up purposes, the Project was divided into five functional units (FU) as follows: i) FU1, connecting Rumichaca with Contadero (24.66 km); ii) FU2, between Contadero and Iles (12.27 km); iii) FU3 between Iles and Pedregal (7.20 km); iv) FU4 between Pedregal and Tangua (15.75 km); and v) FU5 between Tangua and Pasto (22.18 km). In April 2021, the progress of the civil works was close to 90%. It is estimated that the works will conclude in 2021.The Project was originally funded through a medium-term financing structure (usually known as "MiniPerm"). Therefore, it needs to be refinanced. IDB Invest expects to be involved in such refinancing helping mobilize institutional investor resources IDB Invest Concesionaria Vial Union del Sur SAS IDB Invest Yan, Shanyue +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Transport Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12192-03 IDB Invest The Jorge Chavez International Airport (“JCIA” or “Lima Airport”) is Peru’s main domestic and international airport. Since 2001, it is operated by Lima Airport Partners S.R.L. (“LAP”, the “Concessionaire” or the “Company”), under a 40-year concession contract (extendable to 50 years). In 2019, the Concessionaire started a major airport expansion, to be completed by January 2025 (the “Expansion Project”). This expansion consists of the construction of a new runway, a control tower, and a passenger terminal, as well as all the auxiliary infrastructure (energy, water, sewage, drainage, lighting, signs, communications, fuel, solid waste, etc.) and associate facilities (taxiways, aircraft aprons, internal and external accesses, parking, fire station and rescue base, etc.). The proposed operation will partially fund the design, development, and construction of the new passenger terminal and aircraft apron, as well as the repayment of an existing bridge loan acquired by LAP for the execution of the initial construction of the airside works (collectively the " Project"). The Jorge Chavez International Airport (“JCIA” or “Lima Airport”) is Peru’s main domestic and international airport. Since 2001, it is operated by Lima Airport Partners S.R.L. (“LAP”, the “Concessionaire” or the “Company”), under a 40-year concession contract (extendable to 50 years). In 2019, the Concessionaire started a major airport expansion, to be completed by January 2025 (the “Expansion Project”). This expansion consists of the construction of a new runway, a control tower, and a passenger terminal, as well as all the auxiliary infrastructure (energy, water, sewage, drainage, lighting, signs, communications, fuel, solid waste, etc.) and associate facilities (taxiways, aircraft aprons, internal and external accesses, parking, fire station and rescue base, etc.). The proposed operation will partially fund the design, development, and construction of the new passenger terminal and aircraft apron, as well as the repayment of an existing bridge loan acquired by LAP for the execution of the initial construction of the airside works (collectively the " Project"). IDB Invest Lima Airport Partners S.R.L. IDB Invest Yan, Shanyue +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Transport 150000000 150000000 150000000 Lima Airport - Peru Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13254-01 IDB Invest 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 the Project 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 the Project Scope and Objective and IDB Invest Participation. IDB Invest GHL Grupo Hoteles S.C.A (“GHL” o “la Compañía”) IDB Invest Arevalo, Daniel Jose +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Tourism 10000000 10000000 10000000 GHL CV19 Facility Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12187-01 IDB Invest The Puerto Bolívar transport project (the "Project") aims to finance the capital expenditure required for the first stage of an investment plan for the modernization, operation and maintenance activities of the Puerto Bolívar Port Terminal, located at the province of El Oro, Ecuador. This investment will expand the port’s capacity to operate containers from 120,000 TEUs to up to 600,000 TEUs per year and will modernize the infrastructure and technology for a more efficient operation. The total estimated cost of the Project is up to US $ 350 million, which will be financed through an A loan from the IDB Group of up to US $ 100 million. The financing plan will be completed with the participation of other commercial banks and / or multilateral organizations and capital contributions by the Project sponsor and 100% Shareholder: “Yilport Holding A.S.” (the “Company”) with a debt-capital ratio of not less than 30/70.Ecuador is one of the largest banana and shrimp exporters in the world. It is estimated that up to half of the annual export of bananas in Ecuador could be captured by Puerto Bolívar due to its strategic location in the Pacific Ocean. Shrimp is a highly strategic product for the country and for the first time, in 2017 was ranked as the first in terms of value (3,038 M USD for shrimp vs 3,035 M USD for the banana) contribution to the country's exports (among non-petroleum exports). Both products are perishable goods, so the increase in containerization capacity associated with this project will be essential for the improvement of export capacity for the region and the country, especially considering that reefer containers must be positioned empty, as well as with the pre-trip process done in Ecuador.The Project is part of the privatization process of the existing Puerto Bolívar. Yılport Terminal Operations SA – Ecuador has been granted a concession for 50 years to operate the existing port assets and made some new investments. At the end of the concession period it is expected that all assets will be transferred to the Port Authority.The first phase to be financed will take approximately 3 years and is aimed at increasing the port capacity to up to 600.000 TEU per year. The capex plan will include dredging works, which will deepen the draft to -16.50 meters, a new 450-meter long quay and the acquisition of new cargo handling equipment. The Puerto Bolívar transport project (the "Project") aims to finance the capital expenditure required for the first stage of an investment plan for the modernization, operation and maintenance activities of the Puerto Bolívar Port Terminal, located at the province of El Oro, Ecuador. This investment will expand the port’s capacity to operate containers from 120,000 TEUs to up to 600,000 TEUs per year and will modernize the infrastructure and technology for a more efficient operation. The total estimated cost of the Project is up to US $ 350 million, which will be financed through an A loan from the IDB Group of up to US $ 100 million. The financing plan will be completed with the participation of other commercial banks and / or multilateral organizations and capital contributions by the Project sponsor and 100% Shareholder: “Yilport Holding A.S.” (the “Company”) with a debt-capital ratio of not less than 30/70.Ecuador is one of the largest banana and shrimp exporters in the world. It is estimated that up to half of the annual export of bananas in Ecuador could be captured by Puerto Bolívar due to its strategic location in the Pacific Ocean. Shrimp is a highly strategic product for the country and for the first time, in 2017 was ranked as the first in terms of value (3,038 M USD for shrimp vs 3,035 M USD for the banana) contribution to the country's exports (among non-petroleum exports). Both products are perishable goods, so the increase in containerization capacity associated with this project will be essential for the improvement of export capacity for the region and the country, especially considering that reefer containers must be positioned empty, as well as with the pre-trip process done in Ecuador.The Project is part of the privatization process of the existing Puerto Bolívar. Yılport Terminal Operations SA – Ecuador has been granted a concession for 50 years to operate the existing port assets and made some new investments. At the end of the concession period it is expected that all assets will be transferred to the Port Authority.The first phase to be financed will take approximately 3 years and is aimed at increasing the port capacity to up to 600.000 TEU per year. The capex plan will include dredging works, which will deepen the draft to -16.50 meters, a new 450-meter long quay and the acquisition of new cargo handling equipment. IDB Invest Yilport Terminal Operations S.A. IDB Invest Chiaramonte, Federico Alessandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Transport 67200000 67200000 67200000 Puerto Bolívar Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11488-04 IDB Invest 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. IDB Invest Banco Cooperativo Sicredi IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Energy 100000000 100000000 100000000 Sicredi - Green Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13680-01 IDB Invest The purpose of the operation with Fundação Butantan (“Client” or “Butantan”) is to finance the construction of two new pharmaceutical manufacturing and processing units: i) the Egg-based Vaccine Research Center (“CPVO II”), which consists of an Influenza vaccine manufacturing plant; and ii) the Final Processing Center for Immunobiologicals (“CPFI”), which consists of a plant for formulating, filling, lyophilizing, crimping, labeling, and packaging pharmaceutical products (“Project”). The operation will be structured in the form of a loan, with a final term of 10 years, including a 3-year grace period. The project will be developed in the City of São Paulo, Brazil, at the same location where Fundação Butantan currently operates.Addendum: On November 7, 2022, a revised version is uploaded for the Environmental and Social Impact Study. Amendment: The operation’s purpose was modified in 2023 to finance: (i) the Cold Storage Center (“CAR”), (ii) the Central Repository and Biobank (“CRB”), (iii) a Central Vivarium and (iv) a Gas Generation Plant – Cogeneration. Therefore, a revised version of its Environmental and Social Review Summary as well as an update to its Environmental and Social Action Plan (ESAP) were disclosed in this page. The purpose of the operation with Fundação Butantan (“Client” or “Butantan”) is to finance the construction of two new pharmaceutical manufacturing and processing units: i) the Egg-based Vaccine Research Center (“CPVO II”), which consists of an Influenza vaccine manufacturing plant; and ii) the Final Processing Center for Immunobiologicals (“CPFI”), which consists of a plant for formulating, filling, lyophilizing, crimping, labeling, and packaging pharmaceutical products (“Project”). The operation will be structured in the form of a loan, with a final term of 10 years, including a 3-year grace period. The project will be developed in the City of São Paulo, Brazil, at the same location where Fundação Butantan currently operates.Addendum: On November 7, 2022, a revised version is uploaded for the Environmental and Social Impact Study. Amendment: The operation’s purpose was modified in 2023 to finance: (i) the Cold Storage Center (“CAR”), (ii) the Central Repository and Biobank (“CRB”), (iii) a Central Vivarium and (iv) a Gas Generation Plant – Cogeneration. Therefore, a revised version of its Environmental and Social Review Summary as well as an update to its Environmental and Social Action Plan (ESAP) were disclosed in this page. IDB Invest Fundacion Butantan IDB Invest de Paiva Ferraz, Joao Victor +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Unspecified 100000000 100000000 100000000 Fundacion Butantan Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12280-02 IDB Invest The transaction involves a USD-denominated senior loan to Banco Comafi S.A. (“Comafi” or the “Bank”) of up to US$20 million with a three-year tenor, to be renewed once at IDB Invest’s discretion. The Project is aimed at supporting the client to enhance its portfolio through security interest financing and finance leases for the technological overhaul of Small and Medium-sized Enterprises (SMEs). The transaction involves a USD-denominated senior loan to Banco Comafi S.A. (“Comafi” or the “Bank”) of up to US$20 million with a three-year tenor, to be renewed once at IDB Invest’s discretion. The Project is aimed at supporting the client to enhance its portfolio through security interest financing and finance leases for the technological overhaul of Small and Medium-sized Enterprises (SMEs). IDB Invest Banco Comafi S.A. IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions 20000000 20000000 20000000 Financing Partnership for SMEs Technology Transition with Banco Comafi Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12493-02 IDB Invest The proposed financing consists of a senior loan for up to US$16 million and a maximum term of 8 years, including 18 months of grace period, secured by mortgage and pledge on fixed assets. The transaction will also feature performance-based incentives and advisory services from We-Fi to support Agripac grow its client base for women-led or women-owned SMEs ("Women SME"). The funds will be used to incorporate a new animal feed production line, to be used in two of the divisions with the highest growth projection for Agripac, which are pet food and shrimp, in addition to the 2021 investment plan, which includes the updating of machinery, robotization of industrial processes, improvements in fire prevention, new warehouses, among others. Through this transaction, IDB Invest seeks to strengthen the value chain and industrialization of agricultural production in Ecuador. The proposed financing consists of a senior loan for up to US$16 million and a maximum term of 8 years, including 18 months of grace period, secured by mortgage and pledge on fixed assets. The transaction will also feature performance-based incentives and advisory services from We-Fi to support Agripac grow its client base for women-led or women-owned SMEs ("Women SME"). The funds will be used to incorporate a new animal feed production line, to be used in two of the divisions with the highest growth projection for Agripac, which are pet food and shrimp, in addition to the 2021 investment plan, which includes the updating of machinery, robotization of industrial processes, improvements in fire prevention, new warehouses, among others. Through this transaction, IDB Invest seeks to strengthen the value chain and industrialization of agricultural production in Ecuador. IDB Invest Agripac S.A. IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Agribusiness 16000000 16000000 16000000 Agripac LP Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13158-01 IDB Invest The proposed transaction involves a COP-denominated unsecured senior A loan worth the equivalent of up to US$30 million to Banco Mundo Mujer (“BMM”), an institution specialized in microfinance in Colombia. The transaction will allow BMM to finance micro and small companies in municipalities, rural and urban areas in Colombia, with a focus on women-led microbusinesses. The loan tenor is of up to five years, including a maximum of 12 months of grace. The proposed transaction involves a COP-denominated unsecured senior A loan worth the equivalent of up to US$30 million to Banco Mundo Mujer (“BMM”), an institution specialized in microfinance in Colombia. The transaction will allow BMM to finance micro and small companies in municipalities, rural and urban areas in Colombia, with a focus on women-led microbusinesses. The loan tenor is of up to five years, including a maximum of 12 months of grace. IDB Invest Banco Mundo Mujer S.A. IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13189-01 IDB Invest The Project seeks to provide support to Compañía de Empaques S.A. (the “Company”) in the issuance of its first Sustainability Linked Bond (“SLB”). The total amount of the bond will be up to COP 50,000 million, amortizable in five years, regarding which IDB Invest will act as investor subscribing 100% of the issuance. The bond will include financial incentives if the Company meets certain key performance indicators (“KPIs”) related to environmental and/or social issues. The funds of the medium-term bond will be used to finance the expansion of the production of more sustainable packaging and the strengthening of the supply chain made up by about 2,500 fique producers from rural and indigenous communities located in the Department of Antioquia and in areas such as Nariño, Cauca, Boyacá and Cundinamarca in Colombia. In addition, IDB Invest will support the Company providing technical assistance in the bond issuance preparation by: i) defining the KPIs and goals needed for the SLB and related to the Company’s sustainability strategy to be used as input to develop the issuance framework; and ii) providing the external opinion or Second Party Opinion (“SPO”) to be given as a result of the bond issuance in line with International Capital Markets Association (“ICMA”) requirements, emphasizing that it will be the first transaction of this type for IDB Invest in Colombia. The impact of this project was highlighted on our 2021 Annual Report. The Project seeks to provide support to Compañía de Empaques S.A. (the “Company”) in the issuance of its first Sustainability Linked Bond (“SLB”). The total amount of the bond will be up to COP 50,000 million, amortizable in five years, regarding which IDB Invest will act as investor subscribing 100% of the issuance. The bond will include financial incentives if the Company meets certain key performance indicators (“KPIs”) related to environmental and/or social issues. The funds of the medium-term bond will be used to finance the expansion of the production of more sustainable packaging and the strengthening of the supply chain made up by about 2,500 fique producers from rural and indigenous communities located in the Department of Antioquia and in areas such as Nariño, Cauca, Boyacá and Cundinamarca in Colombia. In addition, IDB Invest will support the Company providing technical assistance in the bond issuance preparation by: i) defining the KPIs and goals needed for the SLB and related to the Company’s sustainability strategy to be used as input to develop the issuance framework; and ii) providing the external opinion or Second Party Opinion (“SPO”) to be given as a result of the bond issuance in line with International Capital Markets Association (“ICMA”) requirements, emphasizing that it will be the first transaction of this type for IDB Invest in Colombia. The impact of this project was highlighted on our 2021 Annual Report. IDB Invest Compañía de Empaques S.A. IDB Invest Vega Aldana, Mario Andres +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Manufacturing 50000000 50000000 50000000 Cia. de Empaques Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13215-01 IDB Invest The proposed project includes a financing mechanism for Caja de Compensación de Asignación Familiar 18 de Septiembre (“Caja 18”) that will allow Caja 18 to deepen and expand its financial inclusion program for workers and pensioners, improving access to financial services to sectors excluded and neglected from traditional banking. This project will help Caja 18 to structure sustainable financing for an amount of up to CLP14,165 million (equivalent to US$20 million), which will have a term of up to three years with a one-year grace period. The proposed project includes a financing mechanism for Caja de Compensación de Asignación Familiar 18 de Septiembre (“Caja 18”) that will allow Caja 18 to deepen and expand its financial inclusion program for workers and pensioners, improving access to financial services to sectors excluded and neglected from traditional banking. This project will help Caja 18 to structure sustainable financing for an amount of up to CLP14,165 million (equivalent to US$20 million), which will have a term of up to three years with a one-year grace period. IDB Invest Caja 18 IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Unspecified 20000000 20000000 20000000 Caja 18 - Social Loan with Silver Economy Focus Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13426-01 IDB Invest IDB Invest is considering an investment of up to US$10 million (including a US$5 million Blended Finance ("BF") equity participation with resources from the Climate Investment Funds and additional resources from IDB Invest's administered funds) in the Paladin Realty Latin America VI (Zero Carbon Affordable Housing) Fund (the “Fund”). The Fund will invest in the development of sustainable affordable housing, focusing on the development of dwellings that comply with the Excellence in Design for Greater Efficiencies (“EDGE”) standards, a green building certification system focused on making buildings more resource-efficient, providing savings to homeowners of at least 20% on energy, water, and embodied energy in materials vis-à-vis traditionally constructed homes. The BF investment aims at incentivizing the Fund to reach the highest level of EDGE certification, EDGE Zero Carbon, across the Fund's portfolio of assets. The Fund will be managed by Paladin Realty Partners, an established investment manager with more than 20 years of experience in the development of housing in the region. The Project aims at increasing the availability of capital for the development of sustainable housing, undertaken by mid-sized developers, and targeting middle-income populations of Mexico, Colombia, Brazil, and Peru. The impact story of this project was highlighted on our 2021 Annual Report. IDB Invest is considering an investment of up to US$10 million (including a US$5 million Blended Finance ("BF") equity participation with resources from the Climate Investment Funds and additional resources from IDB Invest's administered funds) in the Paladin Realty Latin America VI (Zero Carbon Affordable Housing) Fund (the “Fund”). The Fund will invest in the development of sustainable affordable housing, focusing on the development of dwellings that comply with the Excellence in Design for Greater Efficiencies (“EDGE”) standards, a green building certification system focused on making buildings more resource-efficient, providing savings to homeowners of at least 20% on energy, water, and embodied energy in materials vis-à-vis traditionally constructed homes. The BF investment aims at incentivizing the Fund to reach the highest level of EDGE certification, EDGE Zero Carbon, across the Fund's portfolio of assets. The Fund will be managed by Paladin Realty Partners, an established investment manager with more than 20 years of experience in the development of housing in the region. The Project aims at increasing the availability of capital for the development of sustainable housing, undertaken by mid-sized developers, and targeting middle-income populations of Mexico, Colombia, Brazil, and Peru. The impact story of this project was highlighted on our 2021 Annual Report. IDB Invest Paladin Realty Partners IDB Invest Parodi Serpa, Alberto Enrique +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Investment Funds 1250000 1250000 1250000 Paladin Latin America Zero Carbon Affordable Housing Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13454-01 IDB Invest GIM Habitacional is a vertically integrated housing developer with operations in the social housing segment, as well as in the middle-income and residential segments in Mexico. The transaction consists of a secured revolving credit facility of up to MXN 950 million, with a committed tranche of up to MXN 500 million and an uncommitted tranche of up to MXN 450 million, with a tenor of up to seven years and drawdowns on a revolving basis. The financing will be used to finance working capital requirements related to the construction of social and middle-income housing in Mexico. The main objective of the project is to promote access to adequate and affordable housing in Mexico, through a greater supply of social and middle-income housing to be developed by GIM Habitacional. GIM Habitacional is a vertically integrated housing developer with operations in the social housing segment, as well as in the middle-income and residential segments in Mexico. The transaction consists of a secured revolving credit facility of up to MXN 950 million, with a committed tranche of up to MXN 500 million and an uncommitted tranche of up to MXN 450 million, with a tenor of up to seven years and drawdowns on a revolving basis. The financing will be used to finance working capital requirements related to the construction of social and middle-income housing in Mexico. The main objective of the project is to promote access to adequate and affordable housing in Mexico, through a greater supply of social and middle-income housing to be developed by GIM Habitacional. IDB Invest Conjunto Parnelli, S.A. de C.V., Promotora FM, S.A. de C.V. e Inmobiliaria Karuka, S.A. de C.V. (together, “GIM Habitacional”) IDB Invest Aguirre Hernandez, Alma Iliana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 46186200 46186200 46186200 GIM Habitacional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13453-01 IDB Invest IDB Invest is considering an investment in the Allianz Credit Emerging Markets Fund (“ACE” or the “Fund”). The Fund aims to catalyze private institutional capital into investments that expect to deliver significant development impact, primarily by co-financing transactions in emerging markets alongside Multilateral Development Banks (“MDBs”), and Development Finance Institutions (“DFIs”) to leverage their expertise, long track record and market presence globally. The Fund expects to allocate at least 30% of its investments in Latin America and the Caribbean (“LAC”). Most of the Fund's investments in LAC are expected to be co-financed with IDB Invest. DisclaimerSecurities in the Fund (the “Securities”) will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), or under any federal or state securities laws of any state of the United States of America. The Fund offers these Securities to investors (including IDB Invest) in reliance on an exemption from the registration requirements under the Securities Act, and may not be offered, sold or transferred in or into the United States of America or to, or for the account or benefit of, any U.S. persons (as defined in Regulation S under the Securities Act) except pursuant to an exemption from, or a transaction not subject to, the registration requirements of the Securities Act. The Fund has not been and is not expected to be registered under the United States Investment Company Act of 1940, as amended from time to time and investors will not be entitled to the benefits of that Act. IDB Invest is considering an investment in the Allianz Credit Emerging Markets Fund (“ACE” or the “Fund”). The Fund aims to catalyze private institutional capital into investments that expect to deliver significant development impact, primarily by co-financing transactions in emerging markets alongside Multilateral Development Banks (“MDBs”), and Development Finance Institutions (“DFIs”) to leverage their expertise, long track record and market presence globally. The Fund expects to allocate at least 30% of its investments in Latin America and the Caribbean (“LAC”). Most of the Fund's investments in LAC are expected to be co-financed with IDB Invest. DisclaimerSecurities in the Fund (the “Securities”) will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), or under any federal or state securities laws of any state of the United States of America. The Fund offers these Securities to investors (including IDB Invest) in reliance on an exemption from the registration requirements under the Securities Act, and may not be offered, sold or transferred in or into the United States of America or to, or for the account or benefit of, any U.S. persons (as defined in Regulation S under the Securities Act) except pursuant to an exemption from, or a transaction not subject to, the registration requirements of the Securities Act. The Fund has not been and is not expected to be registered under the United States Investment Company Act of 1940, as amended from time to time and investors will not be entitled to the benefits of that Act. IDB Invest Allianz Credit Emerging Markets Fund IDB Invest Gutierrez Gutierrez, Martha Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Investment Funds 10000000 10000000 10000000 Allianz Global Investors: Private Sector Mobilization Debt Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13505-01 IDB Invest Inmobiliaria Ruba, S.A. de C.V. (“Ruba”) acquires, develops, and markets integrated housing projects in the social, middle-income, and residential housing segments. The proposed operation consists of granting Ruba and its subsidiaries: i) a long-term revolving facility to finance social and middle-income housing projects in Mexico; and ii) an uncommitted revolving reverse factoring facility to monetize creditor rights arising from the sale of goods or services by suppliers to Ruba. Inmobiliaria Ruba, S.A. de C.V. (“Ruba”) acquires, develops, and markets integrated housing projects in the social, middle-income, and residential housing segments. The proposed operation consists of granting Ruba and its subsidiaries: i) a long-term revolving facility to finance social and middle-income housing projects in Mexico; and ii) an uncommitted revolving reverse factoring facility to monetize creditor rights arising from the sale of goods or services by suppliers to Ruba. IDB Invest Inmobiliaria Ruba, S.A. de C.V.; Ruba Desarrollos, S.A. de C.V.; and Grupo Logístico y Soluciones Integral del Norte, S.A. de C.V. IDB Invest Aguirre Hernandez, Alma Iliana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 75512900 75512900 75512900 Ruba Inmobiliaria Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13444-01 IDB Invest El Proyecto consiste en la estructuración de un crédito en pesos mexicanos (“MXN”) en forma de una línea de almacenamiento (“Warehousing Line” o “WHL”) respaldada por los derechos de cobro de contratos de suministro de energía. La línea de almacenamiento tiene el propósito de financiar los costos iniciales de construcción e instalación de proyectos solares fotovoltaicos (“Proyectos FV”) bajo el formato de generación distribuida de hasta 499 KWp originados por Fortaleza Energy (“Fortaleza” o la “Compañía”) en México. La línea de almacenamiento tendrá como principal fuente de repago la bursatilización de los activos subyacentes y estará disponible hasta por tres ciclos de bursatilización. Estos Proyectos FV, ubicados dentro del territorio mexicano, primordialmente en el Centro, Occidente y Sureste destacando los Estados de Jalisco, Campeche, Guanajuato, Nuevo León y Baja California Sur. La capacidad del cada proyecto individual no debe exceder los 499KWp para calificar como un "generador exento" en términos de la Ley de la Industria Eléctrica (DOF del 11 de agosto de 2014) El Proyecto consiste en la estructuración de un crédito en pesos mexicanos (“MXN”) en forma de una línea de almacenamiento (“Warehousing Line” o “WHL”) respaldada por los derechos de cobro de contratos de suministro de energía. La línea de almacenamiento tiene el propósito de financiar los costos iniciales de construcción e instalación de proyectos solares fotovoltaicos (“Proyectos FV”) bajo el formato de generación distribuida de hasta 499 KWp originados por Fortaleza Energy (“Fortaleza” o la “Compañía”) en México. La línea de almacenamiento tendrá como principal fuente de repago la bursatilización de los activos subyacentes y estará disponible hasta por tres ciclos de bursatilización. Estos Proyectos FV, ubicados dentro del territorio mexicano, primordialmente en el Centro, Occidente y Sureste destacando los Estados de Jalisco, Campeche, Guanajuato, Nuevo León y Baja California Sur. La capacidad del cada proyecto individual no debe exceder los 499KWp para calificar como un "generador exento" en términos de la Ley de la Industria Eléctrica (DOF del 11 de agosto de 2014) IDB Invest Fortaleza Energy IDB Invest Pascual, Joana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Energy 19504900 19504900 19504900 Green Bond Fortaleza Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13659-01 IDB Invest This transaction consists of a senior loan of up to US$120 million to finance Piñero Group's working capital needs in the Dominican Republic and Jamaica that were impacted by the COVID-19 pandemic. Piñero Group is a Spanish hotel group that operates 27 hotels in the Dominican Republic, Jamaica, Mexico, and Spain. The impact story of this project was highlighted on our 2021 Annual Report. This transaction consists of a senior loan of up to US$120 million to finance Piñero Group's working capital needs in the Dominican Republic and Jamaica that were impacted by the COVID-19 pandemic. Piñero Group is a Spanish hotel group that operates 27 hotels in the Dominican Republic, Jamaica, Mexico, and Spain. The impact story of this project was highlighted on our 2021 Annual Report. IDB Invest Grupo Piñero IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Tourism 47000000 47000000 47000000 Grupo Pinero CV19 Facility Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13518-01 IDB Invest The transaction consists in a Revolving Committed Credit line in the amount of US$15 million for financing accounts receivable from banana and other fruit exports to selected buyers from Tropical Marketing Associated (TMA), commercial branch and subsidiary of C.I. Unión de Bananeros de Urabá, main banana and plantain exporter in Colombia. The transaction goal is to strengthen the working capital terms of TMA and to support the growth of banana and other fruit exports to Europe from Colombian SME farmers. Additionally, it includes an uncommitted tranche of up to US$10 million for new investments in Colombia for 2022 and/or 2023. The transaction consists in a Revolving Committed Credit line in the amount of US$15 million for financing accounts receivable from banana and other fruit exports to selected buyers from Tropical Marketing Associated (TMA), commercial branch and subsidiary of C.I. Unión de Bananeros de Urabá, main banana and plantain exporter in Colombia. The transaction goal is to strengthen the working capital terms of TMA and to support the growth of banana and other fruit exports to Europe from Colombian SME farmers. Additionally, it includes an uncommitted tranche of up to US$10 million for new investments in Colombia for 2022 and/or 2023. IDB Invest CI Union de Bananeros de Uraba SA IDB Invest Garcia Garcia, Victor +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Agribusiness 25000000 25000000 25000000 Uniban TSCF Loan Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12775-02 IDB Invest The Project consists in two financing facilities to support Norson Holding, S. de R.L. de C.V (“Norson”, the “Company”, or the “Client”): (i) financial support facility to eligible suppliers from Norson’s supply chain (“Reverse Factoring”), and (ii) limited-resource financing facility to Norson, whereby IDB Invest will finance eligible farmers especially created to develop (design, build, operate and maintain) infrastructure (mainly, pig farms) related to Norson’s value chain under a sharefarming system (the “Sharefarming Financing”, jointly, the Sharefarming Financing and Reverse Factoring, the “Project”). The factoring consists in a revolving uncommitted reverse factoring credit line to Norson and its eligible subsidiaries (the Buyers) in the amount of US$30 million. Through this line, IDB Invest seeks to enable access to financing at competitive prices for the Buyers’ suppliers (SMEs) in Mexico. The Sharefarming Financing will amount to US$30 million with a line granted by IDB Invest to each company of up to 33% of the cost of each project under the Sharefarming Financing, and it consists in creating and developing eligible companies not controlled by Norson the design, construction, operation and maintenance of facilities for pig farms related to Norson’s pork production operations. The Project consists in two financing facilities to support Norson Holding, S. de R.L. de C.V (“Norson”, the “Company”, or the “Client”): (i) financial support facility to eligible suppliers from Norson’s supply chain (“Reverse Factoring”), and (ii) limited-resource financing facility to Norson, whereby IDB Invest will finance eligible farmers especially created to develop (design, build, operate and maintain) infrastructure (mainly, pig farms) related to Norson’s value chain under a sharefarming system (the “Sharefarming Financing”, jointly, the Sharefarming Financing and Reverse Factoring, the “Project”). The factoring consists in a revolving uncommitted reverse factoring credit line to Norson and its eligible subsidiaries (the Buyers) in the amount of US$30 million. Through this line, IDB Invest seeks to enable access to financing at competitive prices for the Buyers’ suppliers (SMEs) in Mexico. The Sharefarming Financing will amount to US$30 million with a line granted by IDB Invest to each company of up to 33% of the cost of each project under the Sharefarming Financing, and it consists in creating and developing eligible companies not controlled by Norson the design, construction, operation and maintenance of facilities for pig farms related to Norson’s pork production operations. IDB Invest Norson Holding, S. de R.L. de C.V. IDB Invest Aguirre Hernandez, Alma Iliana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 30000000 30000000 30000000 NORSON Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12712-02 IDB Invest The financing proposed to Pantaleón S.A. (“PSA” or the “Company”) consists of a senior loan for up to US$70 million to be granted as follows: (i) up to US$50 million with funds from the IDB Group, and (ii) up to US$20 million through the mobilization of third parties' resources (“i” and “ii” jointly the “Loan”). PSA will use the Loan funds to finance (i) its industrial and agricultural fixed investment plans, including the implementation of green projects; and (ii) its working capital needs, including advance payments to sugarcane producers (the “Project”). The main development objectives of the Loan include: (i) improving agricultural productivity, improving yields and costs; (ii) support sustainable operations through the implementation of climate-smart investments/practices; (iii) strengthen the Company's value chain, supporting small and medium sugarcane producers; and (iv) promote the use of technology and innovation. The financing proposed to Pantaleón S.A. (“PSA” or the “Company”) consists of a senior loan for up to US$70 million to be granted as follows: (i) up to US$50 million with funds from the IDB Group, and (ii) up to US$20 million through the mobilization of third parties' resources (“i” and “ii” jointly the “Loan”). PSA will use the Loan funds to finance (i) its industrial and agricultural fixed investment plans, including the implementation of green projects; and (ii) its working capital needs, including advance payments to sugarcane producers (the “Project”). The main development objectives of the Loan include: (i) improving agricultural productivity, improving yields and costs; (ii) support sustainable operations through the implementation of climate-smart investments/practices; (iii) strengthen the Company's value chain, supporting small and medium sugarcane producers; and (iv) promote the use of technology and innovation. IDB Invest Pantaleon S.A. IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Agribusiness 20000000 20000000 20000000 Pantaleon Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13325-01 IDB Invest Constructora Riga Services S.A. (“RIGA”, the “Company” or the “Client”) has requested financing through two credit facilities, a corporate revolving working capital line and a credit rights revolving line to support the construction of Hospital Dionisio Arrocha in Puerto Armuelles, Province of Chiriquí, and of Hospital Almirante located in Almirante, Province of Bocas del Toro, both located in Panama (jointly, the “Project Hospitals” or the “Project”). The Project entails two different infrastructures: (i) a new hospital (Hospital Dionisio Arrocha) in Puerto Armuelles, Province of Chiriquí, with 75.33% of the works already completed, which will be concluded in late 2022 and will include 130 hospital beds, for the benefit of about 60,000 people, and (ii) and a new hospital in Almirante, Province of Bocas del Toro, to be concluded in late 2022 to replace the existing hospital with new and improved infrastructure including 20,000 m2 of facilities, operating rooms and 50 hospital beds, serving over 60,000 people. Both constructions submitted their Integral Services Contract among RIGA and the Caja de Seguro Social (CSS) (the “Integral Services Contract”), duly endorsed before the competent authorities. Constructora Riga Services S.A. (“RIGA”, the “Company” or the “Client”) has requested financing through two credit facilities, a corporate revolving working capital line and a credit rights revolving line to support the construction of Hospital Dionisio Arrocha in Puerto Armuelles, Province of Chiriquí, and of Hospital Almirante located in Almirante, Province of Bocas del Toro, both located in Panama (jointly, the “Project Hospitals” or the “Project”). The Project entails two different infrastructures: (i) a new hospital (Hospital Dionisio Arrocha) in Puerto Armuelles, Province of Chiriquí, with 75.33% of the works already completed, which will be concluded in late 2022 and will include 130 hospital beds, for the benefit of about 60,000 people, and (ii) and a new hospital in Almirante, Province of Bocas del Toro, to be concluded in late 2022 to replace the existing hospital with new and improved infrastructure including 20,000 m2 of facilities, operating rooms and 50 hospital beds, serving over 60,000 people. Both constructions submitted their Integral Services Contract among RIGA and the Caja de Seguro Social (CSS) (the “Integral Services Contract”), duly endorsed before the competent authorities. IDB Invest CONSTRUCTORA RIGA SERVICES S.A. IDB Invest Junco Camacho, Dulce Jocelyn +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Social Infrastructure 45000000 45000000 45000000 Hospital Puerto Armuelles and Hospital Almirante Receivables Facility Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13325-02 IDB Invest Constructora Riga Services S.A. (“RIGA”, the “Company” or the “Client”) has requested financing through two credit facilities, a corporate revolving working capital line and a credit rights revolving line to support the construction of Hospital Dionisio Arrocha in Puerto Armuelles, Province of Chiriquí, and of Hospital Almirante located in Almirante, Province of Bocas del Toro, both located in Panama (jointly, the “Project Hospitals” or the “Project”). The Project entails two different infrastructures: (i) a new hospital (Hospital Dionisio Arrocha) in Puerto Armuelles, Province of Chiriquí, with 75.33% of the works already completed, which will be concluded in late 2022 and will include 130 hospital beds, for the benefit of about 60,000 people, and (ii) and a new hospital in Almirante, Province of Bocas del Toro, to be concluded in late 2022 to replace the existing hospital with new and improved infrastructure including 20,000 m2 of facilities, operating rooms and 50 hospital beds, serving over 60,000 people. Both constructions submitted their Integral Services Contract among RIGA and the Caja de Seguro Social (CSS) (the “Integral Services Contract”), duly endorsed before the competent authorities. Constructora Riga Services S.A. (“RIGA”, the “Company” or the “Client”) has requested financing through two credit facilities, a corporate revolving working capital line and a credit rights revolving line to support the construction of Hospital Dionisio Arrocha in Puerto Armuelles, Province of Chiriquí, and of Hospital Almirante located in Almirante, Province of Bocas del Toro, both located in Panama (jointly, the “Project Hospitals” or the “Project”). The Project entails two different infrastructures: (i) a new hospital (Hospital Dionisio Arrocha) in Puerto Armuelles, Province of Chiriquí, with 75.33% of the works already completed, which will be concluded in late 2022 and will include 130 hospital beds, for the benefit of about 60,000 people, and (ii) and a new hospital in Almirante, Province of Bocas del Toro, to be concluded in late 2022 to replace the existing hospital with new and improved infrastructure including 20,000 m2 of facilities, operating rooms and 50 hospital beds, serving over 60,000 people. Both constructions submitted their Integral Services Contract among RIGA and the Caja de Seguro Social (CSS) (the “Integral Services Contract”), duly endorsed before the competent authorities. IDB Invest CONSTRUCTORA RIGA SERVICES S.A. IDB Invest Junco Camacho, Dulce Jocelyn +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Social Infrastructure 10000000 10000000 10000000 Riga Services Working Capital Facility Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13572-01 IDB Invest This transaction consists of a loan in favor of Corporación Educativa Montesquieu (“CEM” or the “Company”) to finance the construction of the San Cristóbal Educational and Sports Complex, which will be located in the San Cristóbal city, Municipality of Mixco zone 8 in the Department of Guatemala (“the Project”). This transaction consists of a loan in favor of Corporación Educativa Montesquieu (“CEM” or the “Company”) to finance the construction of the San Cristóbal Educational and Sports Complex, which will be located in the San Cristóbal city, Municipality of Mixco zone 8 in the Department of Guatemala (“the Project”). IDB Invest Corporacion Educativa Montesquieu S.A IDB Invest Giron Rohr, Alexandra +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Social Infrastructure 23240000 23240000 23240000 San Cristobal Green Academics & Sports Campus Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13596-01 IDB Invest Indufoam is an El Salvador-based company engaged in the production of a variety of sleep-related products, including beds, mattresses, foam mattresses, furniture, and accessories. The Company's products are exported to Central and South America, as well as South Africa. The proposed transaction is a medium-term credit facility intended to finance the expansion of the industrial plant, improvements of existing equipment and manufacturing capabilities, and new working capital needs for growth. This loan will be for up to a five years term and will have the complement of an un committed tranche, at IDB Invest's discretion, that will allow the necessary flexibility for the Company to complete and fulfill the progress of its investment plan. The main goal of this transaction is to enable Indufoam to meet increased demand and expand into new technologies and efficiencies, so that it can produce mechanisms and accessories that are currently only manufactured in the United States or Europe and convert itself as a key supplier to the regional markets. This will not only create new jobs, but will also increase exports, strengthening product lines, and consolidating its role as a regional company. Indufoam is an El Salvador-based company engaged in the production of a variety of sleep-related products, including beds, mattresses, foam mattresses, furniture, and accessories. The Company's products are exported to Central and South America, as well as South Africa. The proposed transaction is a medium-term credit facility intended to finance the expansion of the industrial plant, improvements of existing equipment and manufacturing capabilities, and new working capital needs for growth. This loan will be for up to a five years term and will have the complement of an un committed tranche, at IDB Invest's discretion, that will allow the necessary flexibility for the Company to complete and fulfill the progress of its investment plan. The main goal of this transaction is to enable Indufoam to meet increased demand and expand into new technologies and efficiencies, so that it can produce mechanisms and accessories that are currently only manufactured in the United States or Europe and convert itself as a key supplier to the regional markets. This will not only create new jobs, but will also increase exports, strengthening product lines, and consolidating its role as a regional company. IDB Invest Industrias de Foam S.A. de C.V. IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Manufacturing 10000000 10000000 10000000 Indufoam Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11545-03 IDB Invest The Project supports the growth of Cooperativa de Ahorro y Crédito Abaco’s micro and small business portfolio, as well as its green portfolio, through a senior loan of up to US$25 million with a term of up to five years and a one-year grace period. The transaction consists of: (i) a senior A loan of up to US$15 million, from which, US$10 million will be financed by IDB Invest and US$5 million will be financed by the IDB as administrator of the Canadian Climate Fund for the Private Sector in the Americas (“C2F”); and (ii) a B loan of up to US$10 million to be financed by B lenders. The Project also includes an advisory service that will assist Cooperativa de Ahorro y Crédito Abaco in the design of a sustainable strategy to drive its green portfolio and improve and promote its green loans portfolio. The Project supports the growth of Cooperativa de Ahorro y Crédito Abaco’s micro and small business portfolio, as well as its green portfolio, through a senior loan of up to US$25 million with a term of up to five years and a one-year grace period. The transaction consists of: (i) a senior A loan of up to US$15 million, from which, US$10 million will be financed by IDB Invest and US$5 million will be financed by the IDB as administrator of the Canadian Climate Fund for the Private Sector in the Americas (“C2F”); and (ii) a B loan of up to US$10 million to be financed by B lenders. The Project also includes an advisory service that will assist Cooperativa de Ahorro y Crédito Abaco in the design of a sustainable strategy to drive its green portfolio and improve and promote its green loans portfolio. IDB Invest Cooperativa de Ahorro y Crédito Abaco IDB Invest Mera Pacheco, Gabriela +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 10000000 10000000 10000000 COOPAC Abaco Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12297-03 IDB Invest The proposed financing consists of: (i) A senior loan for up to US$10 million and a maximum term of 8 years, with semiannual repayments of principal and interest, including 18 months of grace, for the construction of a seed plant, and the construction and expansion of silos, which will allow Agrofértil SA ensure the supply and quality of these inputs, and extend its geographical scope to be closer to the producer. (ii) An annual revolving credit line committed to Agrofertil S.A. for up to US$30 million with a term of up to four years. The company will use these funds to purchase agro-inputs that it will later sell and finance to producers in terms of up to 390 days, seeking to substitute lines of credit from suppliers that today grant shorter terms. Agrofertil is the leading company in the distribution of agricultural inputs in Paraguay, also providing technical assistance services to producers, and in the purchase, collection and sale of grains. The proposed financing consists of: (i) A senior loan for up to US$10 million and a maximum term of 8 years, with semiannual repayments of principal and interest, including 18 months of grace, for the construction of a seed plant, and the construction and expansion of silos, which will allow Agrofértil SA ensure the supply and quality of these inputs, and extend its geographical scope to be closer to the producer. (ii) An annual revolving credit line committed to Agrofertil S.A. for up to US$30 million with a term of up to four years. The company will use these funds to purchase agro-inputs that it will later sell and finance to producers in terms of up to 390 days, seeking to substitute lines of credit from suppliers that today grant shorter terms. Agrofertil is the leading company in the distribution of agricultural inputs in Paraguay, also providing technical assistance services to producers, and in the purchase, collection and sale of grains. IDB Invest Agrofertil S.A. IDB Invest Beretta Tassano, Patricio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Agribusiness 40000000 40000000 40000000 Agrofertil - Expansion Capex Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13382-01 IDB Invest The project consists of: (i) an IDB Invest investment of up to the lowest of US$10 million or 15% of the capital commitments in Amadeus V Latin America Sustainable Growth Fund LP (the “Fund”), a new fund with a target size of US$150 million that aims to provide “early growth” capital to 12-18 emerging technology-enabled high growth companies at series B-D across Latin America and the Caribbean (“LAC”); and (ii) an uncommitted facility of US$10 million for potential IDB Invest co‑investments (the “Facility”) in selected opportunities alongside the Fund, (the “Project”). The Fund will be managed by Amadeus Capital Partners (“Amadeus” or the “Manager”), a specialized UK investment manager in core technology themes driving global digital transformation with more than 20 years of global track record and seven in emerging markets (EMs). The primary development objective of the Project is to support the growth of young, innovative, and fast-growing firms in LAC, mainly in the sectors of financial services (FinTech); education (EdTech); software-as-a-service (SaaS); and next generation e-commerce (NextGen eCommerce), contributing to higher productivity, job creation, and ultimately, economic growth. The Project will also facilitate cross-border technology transfers, thus contributing to increased international integration as well as to the further development of LAC’s innovation ecosystem. The project consists of: (i) an IDB Invest investment of up to the lowest of US$10 million or 15% of the capital commitments in Amadeus V Latin America Sustainable Growth Fund LP (the “Fund”), a new fund with a target size of US$150 million that aims to provide “early growth” capital to 12-18 emerging technology-enabled high growth companies at series B-D across Latin America and the Caribbean (“LAC”); and (ii) an uncommitted facility of US$10 million for potential IDB Invest co‑investments (the “Facility”) in selected opportunities alongside the Fund, (the “Project”). The Fund will be managed by Amadeus Capital Partners (“Amadeus” or the “Manager”), a specialized UK investment manager in core technology themes driving global digital transformation with more than 20 years of global track record and seven in emerging markets (EMs). The primary development objective of the Project is to support the growth of young, innovative, and fast-growing firms in LAC, mainly in the sectors of financial services (FinTech); education (EdTech); software-as-a-service (SaaS); and next generation e-commerce (NextGen eCommerce), contributing to higher productivity, job creation, and ultimately, economic growth. The Project will also facilitate cross-border technology transfers, thus contributing to increased international integration as well as to the further development of LAC’s innovation ecosystem. IDB Invest Amadeus V Latin America Sustainable Growth Fund LP IDB Invest Ferro De Sanctis, Carlos Numen +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Investment Funds 12500000 12500000 12500000 Amadeus LAC Sustainable Growth Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13473-01 IDB Invest The proposed operation consists of the design, construction, operation, and maintenance of the Mendubim Photovoltaic Power Plant (“PV Power Plant”) with a capacity of approximately 452.76 megawatts (“MW”) and a substation, as well as a 5.17-kilometer (“km”) long 230 kilovolts (“kV”) Transmission Line (“TL”) to connect the PV Power Plant to the Brazilian interconnected grid at the existing Açu III Substation (“The Project”). The Project will be developed in the municipality of Assú, Rio Grande do Norte State, Brazil. The proposed operation consists of the design, construction, operation, and maintenance of the Mendubim Photovoltaic Power Plant (“PV Power Plant”) with a capacity of approximately 452.76 megawatts (“MW”) and a substation, as well as a 5.17-kilometer (“km”) long 230 kilovolts (“kV”) Transmission Line (“TL”) to connect the PV Power Plant to the Brazilian interconnected grid at the existing Açu III Substation (“The Project”). The Project will be developed in the municipality of Assú, Rio Grande do Norte State, Brazil. IDB Invest Mendubim Solar SPV IDB Invest Cabral Da Silva Porto, Adriane +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Energy 160500000 160500000 160500000 Mendubim Solar PV Power Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13494-01 IDB Invest The proposed transaction involves granting Atento a revolving credit line of up to US$50 million (US$43 million of which are committed and the other US$7 million are not) with a five-year tenor. The financing operation is aimed at funding Atento’s working capital and the capital investments needed to grow its Business Process Outsourcing (BPO) and Customer Relationship Management (CRM) operation in 11 member countries of IDB Invest. Atento is the largest provider of management solutions and services for customer relations and business process outsourcing (CRM/BPO) in Latin America and is among the top five providers globally in terms of revenue. Atento has more than 140,000 employees. At present, the company is implementing methods of automation and digitization of processes that will ensure an optimization of its processes and offer nearshoring services. The impact story of this project was highlighted on our 2021 Annual Report. The proposed transaction involves granting Atento a revolving credit line of up to US$50 million (US$43 million of which are committed and the other US$7 million are not) with a five-year tenor. The financing operation is aimed at funding Atento’s working capital and the capital investments needed to grow its Business Process Outsourcing (BPO) and Customer Relationship Management (CRM) operation in 11 member countries of IDB Invest. Atento is the largest provider of management solutions and services for customer relations and business process outsourcing (CRM/BPO) in Latin America and is among the top five providers globally in terms of revenue. Atento has more than 140,000 employees. At present, the company is implementing methods of automation and digitization of processes that will ensure an optimization of its processes and offer nearshoring services. The impact story of this project was highlighted on our 2021 Annual Report. IDB Invest ATENTO LUXCO 1 S.A. (Luxemburgo), ATENTO TELESERVICIOS ESPAÑA, S.A.U. (España), ATENTO MEXICO HOLDCO, S. DE R.L. DE C.V. (México) IDB Invest Donelli, Marcelo Henrique +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Digital Economy 50000000 50000000 50000000 Atento - Facilidad Revolvente de Crédito Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13655-01 IDB Invest The Project consists of supporting Produbanco (“PB”) in the first issuance of a Sustainable Bond in the private sector of Ecuador. The total amount of the Bond is up to US$50 million divided in two series: (i) Serie A where IDB Invest will act as an investor with a 100% subscription for an amount of up to US$40 million; and (ii) Serie B, where IDB Invest or IDB, the latter as administrator of the Canadian Climate Fund (C2F), will act as an investor with a 100% subscription for an amount of up to US$10 million. The Serie B will be subject to economic incentives upon compliance of key performance indicators. The funds from the medium-term Bond will be used to finance small and medium-sized companies (SMEs) and PB's green portfolio. Additionally, IDB Invest will provide an advisory service to define the roadmap for PB’s NetZero Goal. This will allow it to work towards achieving the commitments assumed to the Net-Zero Banking Alliance initiative to align its loan and investment portfolio with net zero emissions by 2050. Additionally, Produbanco will be supported in the process of structuring the framework and certification of the sustainable bond. The Project consists of supporting Produbanco (“PB”) in the first issuance of a Sustainable Bond in the private sector of Ecuador. The total amount of the Bond is up to US$50 million divided in two series: (i) Serie A where IDB Invest will act as an investor with a 100% subscription for an amount of up to US$40 million; and (ii) Serie B, where IDB Invest or IDB, the latter as administrator of the Canadian Climate Fund (C2F), will act as an investor with a 100% subscription for an amount of up to US$10 million. The Serie B will be subject to economic incentives upon compliance of key performance indicators. The funds from the medium-term Bond will be used to finance small and medium-sized companies (SMEs) and PB's green portfolio. Additionally, IDB Invest will provide an advisory service to define the roadmap for PB’s NetZero Goal. This will allow it to work towards achieving the commitments assumed to the Net-Zero Banking Alliance initiative to align its loan and investment portfolio with net zero emissions by 2050. Additionally, Produbanco will be supported in the process of structuring the framework and certification of the sustainable bond. IDB Invest Banco de la Producción S.A. (Produbanco) IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 50000000 50000000 50000000 Produbanco Sustainable Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13683-01 IDB Invest The proposed project consists of US$15 million (committed tranche of US$10 million and uncommitted tranche of US$5 million) to support MD Industries Haiti Ltd.’s investments to increase production, as well as to expand the services offered at Codevi Industrial Park. The Loan will have a tenor of up to 10 years, including a 12-month grace period, and it will be guaranteed by the companies’ assets. IDB Invest’s financing will be complemented by advisory services on energy efficiency and renewable energy. The proposed financing will support the competitive position of Grupo M’s companies through the increase in textile production capacity, generating a high impact in areas such as job creation, competitiveness, and sustainable management of resources such as water and energy. Grupo M’s companies recognize that to continue with the expansion of their businesses, they must remain competitive and ensure greater control over various aspects of their operations, including: (i) constant modernization and expansion of their equipment; (ii) efficient use of operational resources such as energy; and (iii) improvement of environmental and social standards. For these types of companies, having access to long-term financing to make the necessary investments to maintain their competitiveness is key. Adendum: On October 21, 2022, the Environmental and Social Review Summary (ESRS) and Environmental and Social Action Plan (ESAP) are modified to eliminate the Dominican Republic, leaving only Haiti. The proposed project consists of US$15 million (committed tranche of US$10 million and uncommitted tranche of US$5 million) to support MD Industries Haiti Ltd.’s investments to increase production, as well as to expand the services offered at Codevi Industrial Park. The Loan will have a tenor of up to 10 years, including a 12-month grace period, and it will be guaranteed by the companies’ assets. IDB Invest’s financing will be complemented by advisory services on energy efficiency and renewable energy. The proposed financing will support the competitive position of Grupo M’s companies through the increase in textile production capacity, generating a high impact in areas such as job creation, competitiveness, and sustainable management of resources such as water and energy. Grupo M’s companies recognize that to continue with the expansion of their businesses, they must remain competitive and ensure greater control over various aspects of their operations, including: (i) constant modernization and expansion of their equipment; (ii) efficient use of operational resources such as energy; and (iii) improvement of environmental and social standards. For these types of companies, having access to long-term financing to make the necessary investments to maintain their competitiveness is key. Adendum: On October 21, 2022, the Environmental and Social Review Summary (ESRS) and Environmental and Social Action Plan (ESAP) are modified to eliminate the Dominican Republic, leaving only Haiti. IDB Invest Compagnie de Développement Industriel S.A. (Codevi), MD Industries Haiti Ltd. and Grupo M S.A IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Haiti Haiti Manufacturing 15000000 15000000 15000000 Codevi Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11880-02 IDB Invest The proposed financing involves a subordinate unsecured loan of up to US$50 million to Banco Aliado, S.A. (“Banco Aliado” or the “Bank”). The loan aims to support Banco Aliado’s capital position and expanding the access of Panamanian small and medium-sized enterprises (SMEs) and women-led SMEs to financing products. The proposed financing involves a subordinate unsecured loan of up to US$50 million to Banco Aliado, S.A. (“Banco Aliado” or the “Bank”). The loan aims to support Banco Aliado’s capital position and expanding the access of Panamanian small and medium-sized enterprises (SMEs) and women-led SMEs to financing products. IDB Invest Banco Aliado, S.A. IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 30000000 30000000 30000000 Banco Aliado SME and Gender Subordinated Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12457-02 IDB Invest The project consists of supporting Banco Bolivariano in strengthening its capital with a subordinated loan for a total amount of up to US$30 million, composed as follows: (i) Subordinated A Loan for an amount of up to US$10 million to be funded by IDB Invest; and (ii) Subordinated B Loan for an amount of up to US$20 million to be funded by B Lender(s). The loan term will be up to eight years with a grace period of five years. The funds from the loan will be used to finance small and medium-sized companies (“SMEs”) and Banco Bolivariano's green portfolio. Additionally, IDB Invest will provide an advisory service to strengthen Banco Bolivariano’s sustainability strategy for the SME portfolio with a focus in the social segment, and it will analyze the feasibility of developing a digitization strategy for SMEs. The project consists of supporting Banco Bolivariano in strengthening its capital with a subordinated loan for a total amount of up to US$30 million, composed as follows: (i) Subordinated A Loan for an amount of up to US$10 million to be funded by IDB Invest; and (ii) Subordinated B Loan for an amount of up to US$20 million to be funded by B Lender(s). The loan term will be up to eight years with a grace period of five years. The funds from the loan will be used to finance small and medium-sized companies (“SMEs”) and Banco Bolivariano's green portfolio. Additionally, IDB Invest will provide an advisory service to strengthen Banco Bolivariano’s sustainability strategy for the SME portfolio with a focus in the social segment, and it will analyze the feasibility of developing a digitization strategy for SMEs. IDB Invest Banco Bolivariano C.A. IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 10000000 10000000 10000000 Banco Bolivariano Subordinated Loan Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13654-01 IDB Invest The proposed financing consists of an annual revolving line of credit committed to LAR S.R.L. for up to US$10 million, with a term of up to 39 months. The company will use these funds to purchase agro-inputs that it will later sell and finance to producers with terms of up to 390 days, seeking to replace lines of credit from suppliers that today grant shorter terms. LAR S.R.L. is one of the main agricultural input distribution companies in Paraguay, also providing technical assistance services to producers, and in the purchase, storage, and sale of grains. The proposed financing consists of an annual revolving line of credit committed to LAR S.R.L. for up to US$10 million, with a term of up to 39 months. The company will use these funds to purchase agro-inputs that it will later sell and finance to producers with terms of up to 390 days, seeking to replace lines of credit from suppliers that today grant shorter terms. LAR S.R.L. is one of the main agricultural input distribution companies in Paraguay, also providing technical assistance services to producers, and in the purchase, storage, and sale of grains. IDB Invest LAR S.R.L. IDB Invest Beretta Tassano, Patricio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Agribusiness 20000000 20000000 20000000 LAR Paraguay Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11762-06 IDB Invest The project consists of supporting Banco Pichincha C.A. in the first Senior Social Gender Bond issuance in Ecuador. The total amount of the Bond is up to US$200 million with a five-year term. IDB Invest will act as investor with a subscription for a total amount of up to US$50 million. The International Finance Corporation (IFC) is also participating as investor with up to US$$50 million and other potential investors will participate with up to US$100 million. The proceeds of the Bond will be aimed at expanding the financing to Women-led Small and Medium Enterprises (WSMEs), increasing their productive investments and economic development. Additionally, technical advisory will be provided to: (i) strengthen the gender and diversity strategy of Banco Pichincha by developing a value proposition focused on WSMEs in the agricultural sector, which will also address some the challenges indigenous and rural women entrepreneurs face in Ecuador; and (ii) design the conceptual framework of the bond issue, and a second party opinion will be included, pursuant to the Sustainable Development Goals (“SDGs”). The project consists of supporting Banco Pichincha C.A. in the first Senior Social Gender Bond issuance in Ecuador. The total amount of the Bond is up to US$200 million with a five-year term. IDB Invest will act as investor with a subscription for a total amount of up to US$50 million. The International Finance Corporation (IFC) is also participating as investor with up to US$$50 million and other potential investors will participate with up to US$100 million. The proceeds of the Bond will be aimed at expanding the financing to Women-led Small and Medium Enterprises (WSMEs), increasing their productive investments and economic development. Additionally, technical advisory will be provided to: (i) strengthen the gender and diversity strategy of Banco Pichincha by developing a value proposition focused on WSMEs in the agricultural sector, which will also address some the challenges indigenous and rural women entrepreneurs face in Ecuador; and (ii) design the conceptual framework of the bond issue, and a second party opinion will be included, pursuant to the Sustainable Development Goals (“SDGs”). IDB Invest Banco Pichincha C.A. IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 17500000 17500000 17500000 Pichincha Gender Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12362-02 IDB Invest This transaction consists of a long-term corporate loan for up to US$25 million to American Industrial Park S.A. de C.V. (AIP). AIP, a current client of IDB Invest, is one of the leading companies in El Salvador in the construction and administration of free trade zones and industrial parks, with more than 25 years of experience in the market. It currently manages more than 200,000 m2 of industrial space, housing 26 companies that employ more than 12,000 people. Part of AIP's business line is power generation, which it uses both for self-consumption and for sale to the domestic grid. This ensures that AIP conducts a cleaner operation for both its own and its customers’ activities, contributing to the diversification of the energy matrix in El Salvador. The proposed financing involves two main objectives: the first consists of the construction of new industrial infrastructure in the Group's new Orion Industrial Park as a free trade zone, to attract and expand Foreign Direct Investment (FDI) in the country. The second objective is to install solar panels on the roofs of the industrial park to meet internal demand, generating at least 7,750 MW/h of clean energy per year. This transaction consists of a long-term corporate loan for up to US$25 million to American Industrial Park S.A. de C.V. (AIP). AIP, a current client of IDB Invest, is one of the leading companies in El Salvador in the construction and administration of free trade zones and industrial parks, with more than 25 years of experience in the market. It currently manages more than 200,000 m2 of industrial space, housing 26 companies that employ more than 12,000 people. Part of AIP's business line is power generation, which it uses both for self-consumption and for sale to the domestic grid. This ensures that AIP conducts a cleaner operation for both its own and its customers’ activities, contributing to the diversification of the energy matrix in El Salvador. The proposed financing involves two main objectives: the first consists of the construction of new industrial infrastructure in the Group's new Orion Industrial Park as a free trade zone, to attract and expand Foreign Direct Investment (FDI) in the country. The second objective is to install solar panels on the roofs of the industrial park to meet internal demand, generating at least 7,750 MW/h of clean energy per year. IDB Invest American Industrial Park S.A. de C.V. IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Manufacturing 25000000 25000000 25000000 Orion IP & Free Zone Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12531-01 IDB Invest The financing consists of a long-term loan for a total amount of up to US $ 27 million to finance part of the investment plan of Menorca Inversiones S.A.C. (“Menorca”, the “Company” or the “Client”) of the year 2021. This plan includes the purchase of land in Lima and in other provinces of Peru, which will be used for the development of urban development projects, aimed at low-income families in Peru. The urbanizations will have access roads, sidewalks, water and sewerage networks, an underground electricity distribution system, public lighting, green areas, recreation areas, among other services. This housing solution will allow families to acquire a lot in a formal way and with good standards of services and infrastructure. It is estimated that around 2,300 families will benefit. The financing consists of a long-term loan for a total amount of up to US $ 27 million to finance part of the investment plan of Menorca Inversiones S.A.C. (“Menorca”, the “Company” or the “Client”) of the year 2021. This plan includes the purchase of land in Lima and in other provinces of Peru, which will be used for the development of urban development projects, aimed at low-income families in Peru. The urbanizations will have access roads, sidewalks, water and sewerage networks, an underground electricity distribution system, public lighting, green areas, recreation areas, among other services. This housing solution will allow families to acquire a lot in a formal way and with good standards of services and infrastructure. It is estimated that around 2,300 families will benefit. IDB Invest Menorca Inversiones S.A.C. IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Manufacturing 20000000 20000000 20000000 Menorca Inversiones Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13025-01 IDB Invest IDB Invest seeks to support Caja Municipal de Ahorro y Crédito Cusco S.A (“Caja Cusco”) with a subordinate loan worth the equivalent of US$25 million in Peruvian soles (“PEN”), with a 10-year tenor and five years of grace, and unsecured, under Peruvian regulations applicable to subordinated debt (the “Project”). The Project is aimed at contributing to strengthen the Institution’s capital to assist financially micro and small companies affected by COVID-19. Additionally, the Project will seek to enhance the agricultural portfolio growth to finance ethnic minorities in order to improve their access to this type of financial services and to make this product accessible in other regions of Peru. IDB Invest seeks to support Caja Municipal de Ahorro y Crédito Cusco S.A (“Caja Cusco”) with a subordinate loan worth the equivalent of US$25 million in Peruvian soles (“PEN”), with a 10-year tenor and five years of grace, and unsecured, under Peruvian regulations applicable to subordinated debt (the “Project”). The Project is aimed at contributing to strengthen the Institution’s capital to assist financially micro and small companies affected by COVID-19. Additionally, the Project will seek to enhance the agricultural portfolio growth to finance ethnic minorities in order to improve their access to this type of financial services and to make this product accessible in other regions of Peru. IDB Invest Caja Municipal de Ahorro y Crédito Cusco S.A IDB Invest Vega Montoro, Henry William +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 25000000 25000000 25000000 Caja Municipal de Ahorro y Crédito Cusco Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13253-01 IDB Invest The use of proceeds of the transaction will be for regional use, and will be deployed to 14 projects across eight countries in the region. The investment plan includes investments to implement and support pharmaceutical manufacturing best practices, the construction of a new antibiotics plant, and the construction of distribution and logistics centers, among others. The transaction will be structured as a senior loan with a tenor of 10 years, including a two-year grace period on the principal. The transaction will also involve technical assistance on gender, diversity, and inclusion, and corporate governance and environmental and social action plans. The majority of the projects are related to supporting and implementing continuous improvements in pharmaceutical manufacturing processes in the region: (i) Good Laboratory Practices (GLP); and (ii) Good Manufacturing Practices (GMP), which are necessary to comply with local and international legislation (for exports). These practices have positive effects for the majority of Grupo Megalabs’ processes and activities, including manufacturing, logistics, storage, quality control, and safety processes, among others. The impacts of this development include: (i) helping to expand the added value chain of the industry; (ii) promoting innovation through the development of new products; (iii) increasing exports; and (iv) contributing to job creation. Grupo Megalabs (“Megalabs”) is a conglomerate of companies in the pharmaceutical sector specialized in the production and distribution of a wide range of medications. Megalabs has a diversified product portfolio, and operates in both the manufacturing and distribution segments across 18 countries in Latin America and the Caribbean. Grupo Megalabs employs over 7,300 people in the region. The use of proceeds of the transaction will be for regional use, and will be deployed to 14 projects across eight countries in the region. The investment plan includes investments to implement and support pharmaceutical manufacturing best practices, the construction of a new antibiotics plant, and the construction of distribution and logistics centers, among others. The transaction will be structured as a senior loan with a tenor of 10 years, including a two-year grace period on the principal. The transaction will also involve technical assistance on gender, diversity, and inclusion, and corporate governance and environmental and social action plans. The majority of the projects are related to supporting and implementing continuous improvements in pharmaceutical manufacturing processes in the region: (i) Good Laboratory Practices (GLP); and (ii) Good Manufacturing Practices (GMP), which are necessary to comply with local and international legislation (for exports). These practices have positive effects for the majority of Grupo Megalabs’ processes and activities, including manufacturing, logistics, storage, quality control, and safety processes, among others. The impacts of this development include: (i) helping to expand the added value chain of the industry; (ii) promoting innovation through the development of new products; (iii) increasing exports; and (iv) contributing to job creation. Grupo Megalabs (“Megalabs”) is a conglomerate of companies in the pharmaceutical sector specialized in the production and distribution of a wide range of medications. Megalabs has a diversified product portfolio, and operates in both the manufacturing and distribution segments across 18 countries in Latin America and the Caribbean. Grupo Megalabs employs over 7,300 people in the region. IDB Invest Mega Pharma Holding Uruguay S.A. IDB Invest Beretta Tassano, Patricio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Manufacturing 37500000 37500000 37500000 Megalabs Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13441-01 IDB Invest Banco FIE S.A (the “Bank”) is a financial institution supporting micro- and small-sized enterprises in Bolivia. IDB Invest seeks to support Banco FIE through a senior loan with a committed unsecured Tranche I for up to USD 20 million with a term of up to 4 years without grace and an uncommitted Tranche II for up to USD 15 million, with a term to be defined when such tranche is committed. The funds will be used to finance Banco FIE’s urban and rural micro and small enterprise portfolio, expanding the loans for working capital. In addition, Banco FIE will evaluate the technical assistance provided by IDB Invest to improve the Bank’s financial and nonfinancial products aimed at small and micro enterprises in Bolivia forming part of the agro-industrial supply chains of the country based on the significance of this segment for the country and particularly for the Bank. Banco FIE S.A (the “Bank”) is a financial institution supporting micro- and small-sized enterprises in Bolivia. IDB Invest seeks to support Banco FIE through a senior loan with a committed unsecured Tranche I for up to USD 20 million with a term of up to 4 years without grace and an uncommitted Tranche II for up to USD 15 million, with a term to be defined when such tranche is committed. The funds will be used to finance Banco FIE’s urban and rural micro and small enterprise portfolio, expanding the loans for working capital. In addition, Banco FIE will evaluate the technical assistance provided by IDB Invest to improve the Bank’s financial and nonfinancial products aimed at small and micro enterprises in Bolivia forming part of the agro-industrial supply chains of the country based on the significance of this segment for the country and particularly for the Bank. IDB Invest Banco Fie IDB Invest Vega Montoro, Henry William +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Financial Institutions 35000000 35000000 35000000 Banco Fie Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13466-01 IDB Invest The proposed transaction consists of a senior loan for up to US$25 million or the equivalent in Peruvian soles, with a tenor of up to 10 years. The funds will be used to finance part of the Company’s investment plan for the 2022-2023 period, which totals approximately US$84 million, including the purchase of lots and development of sustainable social housing projects directed toward medium- and low-income families. The proposed transaction consists of a senior loan for up to US$25 million or the equivalent in Peruvian soles, with a tenor of up to 10 years. The funds will be used to finance part of the Company’s investment plan for the 2022-2023 period, which totals approximately US$84 million, including the purchase of lots and development of sustainable social housing projects directed toward medium- and low-income families. IDB Invest Viva Negocio Inmobiliario S.A. IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Manufacturing 30000000 30000000 30000000 Viva Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13662-01 IDB Invest The proposed transaction consists of granting Masisa S.A. (“Masisa” or “the Company”) a loan with a tenor of five years to finance the Company’s 2021-2023 capital investment plan and working capital for up to US$ 35 million. These investments include launching new lines to increase Masisa’s production capacity, investment in equipment and technology to gain efficiency in the production process, and non-discretionary investments for operational maintenance of its plants. The loan will be funded with IDB Invest resources. Masisa works to transform spaces and inspire its customers through design, quality and sustainability in the production and sale of furniture and interior design solutions, with products including light and UL MDF, MDP, melamine, lining, and other added-value boards. From its industrial operations in Chile, Mexico and Venezuela, forests in Argentina, and sales offices in Peru, Ecuador and Colombia, it aims to transform spaces, reaching customers from all over the world in more than 30 markets across South, Central, and North America, and Asia. Its products are developed under responsible production standards, from the forest to the end product, in compliance with TSCA Title VI, CARB 2, FSC, and EPA certifications. Masisa is a Chilean publicly traded company that has been in operation since 1960, whose shares are traded on the Santiago Stock Exchange. The proposed transaction consists of granting Masisa S.A. (“Masisa” or “the Company”) a loan with a tenor of five years to finance the Company’s 2021-2023 capital investment plan and working capital for up to US$ 35 million. These investments include launching new lines to increase Masisa’s production capacity, investment in equipment and technology to gain efficiency in the production process, and non-discretionary investments for operational maintenance of its plants. The loan will be funded with IDB Invest resources. Masisa works to transform spaces and inspire its customers through design, quality and sustainability in the production and sale of furniture and interior design solutions, with products including light and UL MDF, MDP, melamine, lining, and other added-value boards. From its industrial operations in Chile, Mexico and Venezuela, forests in Argentina, and sales offices in Peru, Ecuador and Colombia, it aims to transform spaces, reaching customers from all over the world in more than 30 markets across South, Central, and North America, and Asia. Its products are developed under responsible production standards, from the forest to the end product, in compliance with TSCA Title VI, CARB 2, FSC, and EPA certifications. Masisa is a Chilean publicly traded company that has been in operation since 1960, whose shares are traded on the Santiago Stock Exchange. IDB Invest MASISA IDB Invest Jatem, Alejandra Luz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Manufacturing 35000000 35000000 35000000 Masisa Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13671-01 IDB Invest The transaction consists of a credit facility in favor of Luminova Pharma Alliance Inc. ("Luminova") to fund entry and growth working capital, primarily for new markets and products. It is a medium-term loan of up to 3 years, renewable for a similar term at IDB Invest's discretion. This will allow entry into new countries where appropriate grace periods are required to raise volume and recover initial investments, while renewability helps in a second stage of market consolidation. The use of funds includes preliminary opening, registration, and formulation investments in several Latin American countries, an investment component in one of its treatment plants—which is key to achieving compliance standards—and the launch of a new line of non-branded generic drugs, providing access to populations with limited or no access to quality, low-cost drugs. Luminova is a pharmaceutical company based in Guatemala, a producer of branded generic drugs with distribution and sales activities in Central America, part of the Caribbean, and South America. The transaction consists of a credit facility in favor of Luminova Pharma Alliance Inc. ("Luminova") to fund entry and growth working capital, primarily for new markets and products. It is a medium-term loan of up to 3 years, renewable for a similar term at IDB Invest's discretion. This will allow entry into new countries where appropriate grace periods are required to raise volume and recover initial investments, while renewability helps in a second stage of market consolidation. The use of funds includes preliminary opening, registration, and formulation investments in several Latin American countries, an investment component in one of its treatment plants—which is key to achieving compliance standards—and the launch of a new line of non-branded generic drugs, providing access to populations with limited or no access to quality, low-cost drugs. Luminova is a pharmaceutical company based in Guatemala, a producer of branded generic drugs with distribution and sales activities in Central America, part of the Caribbean, and South America. IDB Invest Luminova Pharma Alliance Inc. IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Manufacturing 10000000 10000000 10000000 Luminova Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12001-02 IDB Invest The proposed project consists of a senior loan facility for up to US$1.5 million to Fondation pour L’Assistance Communautaire Internationale Haiti S.A. (“FINCA Haiti” or the "Institution"). The loan term will be up to three years, with semi-annual principal and 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 for up to US$1.5 million to Fondation pour L’Assistance Communautaire Internationale Haiti S.A. (“FINCA Haiti” or the "Institution"). The loan term will be up to three years, with semi-annual principal and 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. IDB Invest FINCA Haiti S.A. IDB Invest Piffaretti, Pablo Eduardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Haiti Haiti Financial Institutions 1500000 1500000 1500000 FINCA Haiti Financial Inclusion Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13089-01 IDB Invest The proposed transaction with ANSA Merchant Bank Limited (“ANSA Merchant” or “AMBL”) consists of a financing for up to US$50 million to be comprised of a committed subordinated unsecured loan of up to US$35 million and an uncommitted subordinated loan of up to US$15 million, each to be financed by IDB Invest. Each of the subordinated loans will have a tenor of up to seven years. The purpose of the financing is to support AMBL’s Tier 2 capital financing as follows: the committed subordinated loan will support AMBL’s strategy to grow its SME lending portfolio and develop its digitalization capabilities and the uncommitted subordinated loan will support aimed at AMBL’s lending in green portfolios subject to a robust EMS.In addition, ANSA Merchant will sign an agreement for technical advisory services provided by IDB Invest aimed at supporting the development of its green finance portfolio and line of business. The Advisory services will include the development of a sustainable finance strategy, a portfolio analysis and segmentation and the development of at least one green financial product. The proposed transaction with ANSA Merchant Bank Limited (“ANSA Merchant” or “AMBL”) consists of a financing for up to US$50 million to be comprised of a committed subordinated unsecured loan of up to US$35 million and an uncommitted subordinated loan of up to US$15 million, each to be financed by IDB Invest. Each of the subordinated loans will have a tenor of up to seven years. The purpose of the financing is to support AMBL’s Tier 2 capital financing as follows: the committed subordinated loan will support AMBL’s strategy to grow its SME lending portfolio and develop its digitalization capabilities and the uncommitted subordinated loan will support aimed at AMBL’s lending in green portfolios subject to a robust EMS.In addition, ANSA Merchant will sign an agreement for technical advisory services provided by IDB Invest aimed at supporting the development of its green finance portfolio and line of business. The Advisory services will include the development of a sustainable finance strategy, a portfolio analysis and segmentation and the development of at least one green financial product. IDB Invest ANSA Merchant Bank Limited IDB Invest Marajh, Avinash Franklyn +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Trinidad and Tobago Trinidad and Tobago Financial Institutions 50000000 50000000 50000000 ANSA Merchant Bank Limited - Subordinated Loan Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13152-01 IDB Invest The proposed transaction consists of an uncommitted reverse factoring revolving credit facility. The Facility will have an initial term of 12 months, renewable annually at the discretion of IDB Invest for amounts to be determined by the use of the credit facility. This Facility will be granted to Iochpe Sistemas Automotivos de México, S.A. de C.V. to directly finance (i.e. acquire and deduct) creditor rights payable by Iochpe Mexico and/or its subsidiaries, prior confirmation by them, through an eligible electronic platform. The proposed transaction consists of an uncommitted reverse factoring revolving credit facility. The Facility will have an initial term of 12 months, renewable annually at the discretion of IDB Invest for amounts to be determined by the use of the credit facility. This Facility will be granted to Iochpe Sistemas Automotivos de México, S.A. de C.V. to directly finance (i.e. acquire and deduct) creditor rights payable by Iochpe Mexico and/or its subsidiaries, prior confirmation by them, through an eligible electronic platform. IDB Invest Iochpe Sistemas Automotivos de México, S.A. de C.V. IDB Invest Baltazar Vazquez, Lucia Adriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 30000000 30000000 30000000 Iochpe Maxion - Mexico Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13351-01 IDB Invest Orbia Advance Corporation S.A.B. de C.V. is a global leader in innovating solutions for the construction and infrastructure, data communications, irrigation and chemical sectors. The transaction consists of a reverse factoring uncommitted revolving credit line in Mexico to finance suppliers based in Mexico, Panama, Colombia, Brazil, Peru, Argentina, Chile, El Salvador, Uruguay, Guatemala, Barbados and Ecuador, by acquiring supplier credit rights, and by issuing guarantees in favor of eligible financial institutions, in the form of unfunded participations in such supplier credit rights. Orbia Advance Corporation S.A.B. de C.V. is a global leader in innovating solutions for the construction and infrastructure, data communications, irrigation and chemical sectors. The transaction consists of a reverse factoring uncommitted revolving credit line in Mexico to finance suppliers based in Mexico, Panama, Colombia, Brazil, Peru, Argentina, Chile, El Salvador, Uruguay, Guatemala, Barbados and Ecuador, by acquiring supplier credit rights, and by issuing guarantees in favor of eligible financial institutions, in the form of unfunded participations in such supplier credit rights. IDB Invest Orbia Advance Corporation S.A.B. de C.V. IDB Invest Fernandez Fernandez, Martha +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Manufacturing 48859900 48859900 48859900 ORBIA - Supply Chain Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13429-01 IDB Invest The proposed transaction consists of an unsecured A/B Loan and Parallel Loans of approximately US$150 million to Banco PAN, to be structured as follows: (i) US$17.5 million held by IDB Invest; (ii) US$32.5 million held by IDB; (iii) US$25 million held by parallel lenders; and (iv) approximately US$75 million mobilized through potential B loan participants. The purpose of the Project is to support the Bank in its efforts to increase financing provided to its microfinance portfolio: (i) low-income retirees portfolio; (ii) acquiring business which refers to the advanced payment of future receivables to microentrepreneurs; and (iii) low-income individuals for financing of new motorcycles. IDB Invest will provide technical advisory services to Banco PAN. The proposed transaction consists of an unsecured A/B Loan and Parallel Loans of approximately US$150 million to Banco PAN, to be structured as follows: (i) US$17.5 million held by IDB Invest; (ii) US$32.5 million held by IDB; (iii) US$25 million held by parallel lenders; and (iv) approximately US$75 million mobilized through potential B loan participants. The purpose of the Project is to support the Bank in its efforts to increase financing provided to its microfinance portfolio: (i) low-income retirees portfolio; (ii) acquiring business which refers to the advanced payment of future receivables to microentrepreneurs; and (iii) low-income individuals for financing of new motorcycles. IDB Invest will provide technical advisory services to Banco PAN. IDB Invest Banco PAN, S.A. IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 17500000 17500000 17500000 Banco Pan - Microfinance Long-Term Financing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13511-01 IDB Invest Manta’s Port Authority was created in October 1966 to operate and control the international and domestic terminals at the Port of Manta (the “Port”), located in the Province of Manabí in Ecuador. In December 2016, as part of the initiative of involving the private sector in service rendering, Grupo Agencias Universales S.A. (AGUNSA) was granted the expansion of the port facilities and its operation for 40 years. AGUNSA is a Chilean company with 50 years of experience in the maritime, port, logistics, and general transportation business, and has a presence in 22 countries. For this purpose, AGUNSA set up the Ecuadorian company Terminal Portuario de Manta S.A. (TPM). The Port expansion is expected to be carried out in two phases. Phase I (the Project) involves: i) extending Pier 2 by 100 m; ii) dredging the access channel to gain 13 m of free draft at low tide; iii) dredging the berths; iv) adding two moving cranes; v) building a passenger terminal for cruise ships; vi) investing in port equipment (cargo containers, tractor trailers, forklifts, etc.); vii) improving roads, access controls, safety, lighting, and water supply; and viii) expanding storage yards. Phase II will involve: i) increasing capacity to 150,000 TEUs (twenty‐foot equivalent units); ii) a new 300 meter by 35.5‐meter pier; iii) dredging the channel and berths to 14.5 m of free draft at low tide; iv) adding several Gantry cranes; v) acquiring rubber‐tired Gantry (RTG) cranes; vi) investing in port equipment (cargo containers, tractor trailers, forklifts, etc.); and vii) expanding storage yards. Manta’s Port Authority was created in October 1966 to operate and control the international and domestic terminals at the Port of Manta (the “Port”), located in the Province of Manabí in Ecuador. In December 2016, as part of the initiative of involving the private sector in service rendering, Grupo Agencias Universales S.A. (AGUNSA) was granted the expansion of the port facilities and its operation for 40 years. AGUNSA is a Chilean company with 50 years of experience in the maritime, port, logistics, and general transportation business, and has a presence in 22 countries. For this purpose, AGUNSA set up the Ecuadorian company Terminal Portuario de Manta S.A. (TPM). The Port expansion is expected to be carried out in two phases. Phase I (the Project) involves: i) extending Pier 2 by 100 m; ii) dredging the access channel to gain 13 m of free draft at low tide; iii) dredging the berths; iv) adding two moving cranes; v) building a passenger terminal for cruise ships; vi) investing in port equipment (cargo containers, tractor trailers, forklifts, etc.); vii) improving roads, access controls, safety, lighting, and water supply; and viii) expanding storage yards. Phase II will involve: i) increasing capacity to 150,000 TEUs (twenty‐foot equivalent units); ii) a new 300 meter by 35.5‐meter pier; iii) dredging the channel and berths to 14.5 m of free draft at low tide; iv) adding several Gantry cranes; v) acquiring rubber‐tired Gantry (RTG) cranes; vi) investing in port equipment (cargo containers, tractor trailers, forklifts, etc.); and vii) expanding storage yards. IDB Invest Terminal Portuario de Manta S.A. IDB Invest Chiaramonte, Federico Alessandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Transport 18000000 18000000 18000000 Port of Manta Capex Program Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12987-01 IDB Invest The proposed transaction consists in secured US$-denominated senior financing to be granted to Banco Sabadell S.A., a universal banking institution (the “Bank” or “Sabadell México”), for up to US$75 million (the “Project”). The purpose of the Project is to provide Sabadell México with financing to support the growth of its reduced environmental impact transactions with Small and Medium-Sized Enterprises (SMEs), as well as corporate customers. As part of the Project, IDB Invest will assess the possibility of providing advisory services to develop a business strategy for the Bank’s SME portfolio. The proposed transaction consists in secured US$-denominated senior financing to be granted to Banco Sabadell S.A., a universal banking institution (the “Bank” or “Sabadell México”), for up to US$75 million (the “Project”). The purpose of the Project is to provide Sabadell México with financing to support the growth of its reduced environmental impact transactions with Small and Medium-Sized Enterprises (SMEs), as well as corporate customers. As part of the Project, IDB Invest will assess the possibility of providing advisory services to develop a business strategy for the Bank’s SME portfolio. IDB Invest Banco Sabadell S.A., Institución de Banca Múltiple IDB Invest Simon Mugica, Armando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 42500000 42500000 42500000 Banco Sabadell Mexico Green Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12295-02 IDB Invest The proposed financing to Belize Sugar Industries ("BSI" or the "Company") consists of a long-term senior loan and a revolving line of credit (the “Loan”). BSI will use the funds of IDB Invest to partially finance: (i) fixed investments to (a) reduce logistics times and costs for the export of raw sugar, molasses, and (b) increase the production value added direct consumption sugar; and (ii) working capital needs, including payments to sugar cane suppliers. The main development objectives of the Loan include: (i) improving the Company's productivity through logistical efficiencies, (ii) supporting the growth of the value of exports, and (iii) strengthening the value chain, supporting small farmers in northern Belize, where there is a high incidence of poverty. The proposed financing to Belize Sugar Industries ("BSI" or the "Company") consists of a long-term senior loan and a revolving line of credit (the “Loan”). BSI will use the funds of IDB Invest to partially finance: (i) fixed investments to (a) reduce logistics times and costs for the export of raw sugar, molasses, and (b) increase the production value added direct consumption sugar; and (ii) working capital needs, including payments to sugar cane suppliers. The main development objectives of the Loan include: (i) improving the Company's productivity through logistical efficiencies, (ii) supporting the growth of the value of exports, and (iii) strengthening the value chain, supporting small farmers in northern Belize, where there is a high incidence of poverty. IDB Invest Belize Sugar Industries Limited IDB Invest Taylor, Delicia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Belize Belize Agribusiness 20000000 20000000 20000000 BSI-ASR II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12957-01 IDB Invest The project "PPP Educativa 3" is the third package of educational infrastructure to be developed by the Government, through the Asociación Nacional de Educación Pública (ANEP) and the Instituto del Niño y Adolescente del Uruguay (INAU) under the modality of PPP Contracts to 22 years. The general objective of the project is to promote the development of infrastructure in educational centers managed by ANEP, in this case primary schools, as well as in the Centros de Atención de la Infancia y la Familia (CAIF) managed by the INAU, both in the generation of this , as well as in its subsequent maintenance. The project includes the design, financing, construction, operation, maintenance and equipment by the Concessionaire of 15 schools, and 27 CAIF centers. This process was awarded (provisionally) to the CIEU consortium (made up of BTD Capital 12 SL, Tecnove SL, Conami Ltda. And Basirey SA) to prepare the design, obtain financing, build and operate the educational infrastructure of the Project. The project "PPP Educativa 3" is the third package of educational infrastructure to be developed by the Government, through the Asociación Nacional de Educación Pública (ANEP) and the Instituto del Niño y Adolescente del Uruguay (INAU) under the modality of PPP Contracts to 22 years. The general objective of the project is to promote the development of infrastructure in educational centers managed by ANEP, in this case primary schools, as well as in the Centros de Atención de la Infancia y la Familia (CAIF) managed by the INAU, both in the generation of this , as well as in its subsequent maintenance. The project includes the design, financing, construction, operation, maintenance and equipment by the Concessionaire of 15 schools, and 27 CAIF centers. This process was awarded (provisionally) to the CIEU consortium (made up of BTD Capital 12 SL, Tecnove SL, Conami Ltda. And Basirey SA) to prepare the design, obtain financing, build and operate the educational infrastructure of the Project. IDB Invest CIEU (PPP Educativa 3) IDB Invest Manzo Cruces, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Social Infrastructure 19000000 19000000 19000000 PPP Educativa 3 Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13059-02 IDB Invest 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. IDB Invest Tienda Amiga ER S.A. IDB Invest Bauer Landivar, Luis Alberto +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Manufacturing 7500000 7500000 7500000 Tienda Amiga - Import Finance Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13472-01 IDB Invest The transaction consists of the granting of stand-by letters of credit to local commercial banks in connection with the leasing of imported equipment by subsidiaries of Sacyr Construcción SAU for up to US$20 million by eligible subsidiaries in Chile, Colombia, Paraguay, Peru and Uruguay. These eligible subsidiaries will use the equipment in strategic infrastructure projects in the region. The transaction consists of the granting of stand-by letters of credit to local commercial banks in connection with the leasing of imported equipment by subsidiaries of Sacyr Construcción SAU for up to US$20 million by eligible subsidiaries in Chile, Colombia, Paraguay, Peru and Uruguay. These eligible subsidiaries will use the equipment in strategic infrastructure projects in the region. IDB Invest Sacyr Construcción, S.A.U. IDB Invest Blakely, Brian +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Transport 20000000 20000000 20000000 Sacyr Construccion Regional Equipment Lease SBLC Facility Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13500-01 IDB Invest The US$4.7 million project consists of a senior secured financing that will support the Companies’ working capital to expand operations, investments for expansion to increase their storage capacity and debt refinancing. The loan will have up to 10-year tenor including 12-month grace period and will be secured by the Companies’ assets. IDB Invest’s financing will be complemented by advisory services related to energy efficiency and renewable energy. The proposed financing to the Companies will support streamlining of inventory and logistics facilitating cash availability allowing for continued supply of goods from its main suppliers in Central America at cost effective pricing which is essential to support economic recovery and reduce the strain on consumers. The need to ensure the use of technology to make their operations smarter and more efficient translating into better prices and access for consumers. Recinos Imports recognizes that to move forward with its business expansion, it has to stay competitive and gain greater control of several aspects of its operations, including: (i) continued modernization and expansion of its operations; (ii) efficient use of operating factors like energy; and (iii) improvement of environmental and social standards. Having access to long-term funding to support the investments needed to maintain competitiveness is key for this type of companies. The US$4.7 million project consists of a senior secured financing that will support the Companies’ working capital to expand operations, investments for expansion to increase their storage capacity and debt refinancing. The loan will have up to 10-year tenor including 12-month grace period and will be secured by the Companies’ assets. IDB Invest’s financing will be complemented by advisory services related to energy efficiency and renewable energy. The proposed financing to the Companies will support streamlining of inventory and logistics facilitating cash availability allowing for continued supply of goods from its main suppliers in Central America at cost effective pricing which is essential to support economic recovery and reduce the strain on consumers. The need to ensure the use of technology to make their operations smarter and more efficient translating into better prices and access for consumers. Recinos Imports recognizes that to move forward with its business expansion, it has to stay competitive and gain greater control of several aspects of its operations, including: (i) continued modernization and expansion of its operations; (ii) efficient use of operating factors like energy; and (iii) improvement of environmental and social standards. Having access to long-term funding to support the investments needed to maintain competitiveness is key for this type of companies. IDB Invest Recinos Imports and Costless Wholesale Imports IDB Invest Taylor, Delicia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Belize Belize Manufacturing 5000000 5000000 5000000 Recinos Imports Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13258-01 IDB Invest The proposed transaction consists of a senior secured A Loan to be provided to Paracel S.A. (“Paracel,” the “Company,” or the “Client”). Other international development finance institutions ("DFIs") are expected to participate under pari-passu Co-Loans ("Co-Loans"). Total Project costs (including mill capex, forestry, and financing costs) are estimated to be US$3.6 billion and are expected to be financed with a combination of equity and long-term debt. Paracel is a joint venture established by Copetrol (Paraguay) and Girindus Investments (Sweden), among other investors who have joined the Project afterwards. The Company is developing a greenfield kraft pulp mill and associated eucalyptus plantations (the “Project”) in the Departments of Concepción and Amambay, Paraguay. Paracel expected production is up to 1.8 million metric tons per year of Bleached Eucalyptus Kraft Pulp (“BEKP”). Paracel will be the largest industrial development and the largest private investment in Paraguay’s history, as well as the first large-scale pulp mill. The Project will outsource the development of the required export outbound logistics (river and seaports). Paracel is expected to generate approximately 220MW of renewable energy of which about 100MW are expected to be sold to the national grid. The mill will be located on a 1,200 hectare (ha) former cattle ranch 13 kilometers (km) due north of and 18 km by existing roads from the city of Concepción, on the left bank of the Paraguay river. The Paraguay river will be the water source for the mill and the receiving water body for treated effluents. A major Project component is the approximately 190,000 ha of former cattle ranch properties in the Departments of Concepción and Amambay owned and to be partially converted to eucalyptus plantations (the rest to be conserved) by the Company to supply wood to the mill in future years. The mill will consume about six million cubic meters of eucalyptus wood per year once operational1. The area of influence of the eucalyptus plantation properties includes nine indigenous communities of the Pai Tavyterá and Mbya guaraní ethnic groups of the guarani linguistic family. In addition, the urban area of Concepción has a multi-ethnic indigenous community in the area of influence for both the mill and plantations that is occupied by mostly speakers of the Maskoy language family. The Project will also construct ancillary facilities: i) a new substation at the mill site; and ii) a 25-km transmission line to connect the Project’s substation to the national grid. The Project will also include the following associated facilities: i) six worker lodgings in the city of Concepción, with a total capacity of 8,000 people; ii) a riverine port facility for loading pulp onto barges in Paraguay; and iii) an existing coastal shipping export terminal in Uruguay. The Project is being designed using the best available technology. Its pre-construction phase initiated in January 2021 and construction is expected to last until November 2023, for a total of 28 months. Mill operation is estimated to initiate by the end of 2023. The proposed transaction consists of a senior secured A Loan to be provided to Paracel S.A. (“Paracel,” the “Company,” or the “Client”). Other international development finance institutions ("DFIs") are expected to participate under pari-passu Co-Loans ("Co-Loans"). Total Project costs (including mill capex, forestry, and financing costs) are estimated to be US$3.6 billion and are expected to be financed with a combination of equity and long-term debt. Paracel is a joint venture established by Copetrol (Paraguay) and Girindus Investments (Sweden), among other investors who have joined the Project afterwards. The Company is developing a greenfield kraft pulp mill and associated eucalyptus plantations (the “Project”) in the Departments of Concepción and Amambay, Paraguay. Paracel expected production is up to 1.8 million metric tons per year of Bleached Eucalyptus Kraft Pulp (“BEKP”). Paracel will be the largest industrial development and the largest private investment in Paraguay’s history, as well as the first large-scale pulp mill. The Project will outsource the development of the required export outbound logistics (river and seaports). Paracel is expected to generate approximately 220MW of renewable energy of which about 100MW are expected to be sold to the national grid. The mill will be located on a 1,200 hectare (ha) former cattle ranch 13 kilometers (km) due north of and 18 km by existing roads from the city of Concepción, on the left bank of the Paraguay river. The Paraguay river will be the water source for the mill and the receiving water body for treated effluents. A major Project component is the approximately 190,000 ha of former cattle ranch properties in the Departments of Concepción and Amambay owned and to be partially converted to eucalyptus plantations (the rest to be conserved) by the Company to supply wood to the mill in future years. The mill will consume about six million cubic meters of eucalyptus wood per year once operational1. The area of influence of the eucalyptus plantation properties includes nine indigenous communities of the Pai Tavyterá and Mbya guaraní ethnic groups of the guarani linguistic family. In addition, the urban area of Concepción has a multi-ethnic indigenous community in the area of influence for both the mill and plantations that is occupied by mostly speakers of the Maskoy language family. The Project will also construct ancillary facilities: i) a new substation at the mill site; and ii) a 25-km transmission line to connect the Project’s substation to the national grid. The Project will also include the following associated facilities: i) six worker lodgings in the city of Concepción, with a total capacity of 8,000 people; ii) a riverine port facility for loading pulp onto barges in Paraguay; and iii) an existing coastal shipping export terminal in Uruguay. The Project is being designed using the best available technology. Its pre-construction phase initiated in January 2021 and construction is expected to last until November 2023, for a total of 28 months. Mill operation is estimated to initiate by the end of 2023. IDB Invest Paracel S.A. IDB Invest Parodi, Juan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Manufacturing 70000000 70000000 70000000 Paracel Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13009-01 IDB Invest JSL, Vamos and CSB are Brazilian companies controlled by the SIMPAR Group, (“SIMPAR”, or the “Group”). SIMPAR controls and manages six independent companies that provide value-added rental, logistics, mobility and financial services, focused on long-term contracts. Overall, the companies that are part of SIMPAR buy, rent, maintain, finance, operate and sell vehicles and equipment. JSL is the leader in road logistics services in Brazil; Vamos is the leader of rental and sale of trucks, machinery, and equipment in Brazil; and CSB focuses on providing long term services to public companies, including passenger transportation, waste disposal, road and port terminal concessions. The proposed operation for JSL (the “Project”) aims at supporting the Client efforts to reduce Greenhouse Gas Emissions (“GHG”) in its operations. Transaction objectives include: (i) increase the participation of heavy electric, hybrid and biofuel vehicles in its fleet; (ii) support investments in Compressed Natural Gas ("CNG”) conversion; and (iii) innovation projects to optimize its operational process and integrating systems through the inclusion of technologies and programs to reduce the overall carbon footprint of its operations. JSL, Vamos and CSB are Brazilian companies controlled by the SIMPAR Group, (“SIMPAR”, or the “Group”). SIMPAR controls and manages six independent companies that provide value-added rental, logistics, mobility and financial services, focused on long-term contracts. Overall, the companies that are part of SIMPAR buy, rent, maintain, finance, operate and sell vehicles and equipment. JSL is the leader in road logistics services in Brazil; Vamos is the leader of rental and sale of trucks, machinery, and equipment in Brazil; and CSB focuses on providing long term services to public companies, including passenger transportation, waste disposal, road and port terminal concessions. The proposed operation for JSL (the “Project”) aims at supporting the Client efforts to reduce Greenhouse Gas Emissions (“GHG”) in its operations. Transaction objectives include: (i) increase the participation of heavy electric, hybrid and biofuel vehicles in its fleet; (ii) support investments in Compressed Natural Gas ("CNG”) conversion; and (iii) innovation projects to optimize its operational process and integrating systems through the inclusion of technologies and programs to reduce the overall carbon footprint of its operations. IDB Invest JSL S.A. ("JSL", the "Client" or the "Company") IDB Invest de Paiva Ferraz, Joao Victor +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Manufacturing 20000000 20000000 20000000 JSL Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13677-01 IDB Invest Grupo Calidra, S.A. de C.V. (the “Company”or “Calidra”), with more than a century of history, is a Mexican company, leader in the production of lime, ready mixes and carbonates in Latin America with operations in Mexico, Honduras, Chile, Argentina, Colombia and Peru. The transaction consists of three secured long-term financings, for up to US$50 million for its operations in Peru (US$18 million), Colombia (US$22 million) and Argentina (US$10 million). The loans will have a term of up to ten years and will be used for working capital and capital investment requirements, including the potential purchase of efficient kilns and the possible opening of a lime deposit in Colombia. This transaction should be reviewed together with Project Calidra Argentina (13850-01). Grupo Calidra, S.A. de C.V. (the “Company”or “Calidra”), with more than a century of history, is a Mexican company, leader in the production of lime, ready mixes and carbonates in Latin America with operations in Mexico, Honduras, Chile, Argentina, Colombia and Peru. The transaction consists of three secured long-term financings, for up to US$50 million for its operations in Peru (US$18 million), Colombia (US$22 million) and Argentina (US$10 million). The loans will have a term of up to ten years and will be used for working capital and capital investment requirements, including the potential purchase of efficient kilns and the possible opening of a lime deposit in Colombia. This transaction should be reviewed together with Project Calidra Argentina (13850-01). IDB Invest Grupo Calidra, S.A. de C.V. IDB Invest Fernandez Fernandez, Martha +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Manufacturing 18000000 18000000 18000000 Grupo Calidra Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12174-03 IDB Invest The Project involves establishing a risk mitigation guarantee program for Banistmo with the support of IDB Invest and Panama’s National Government, with the objective of guaranteeing Banistmo’s existing portfolio loans and the new loans issued by Banistmo to the tourism sector nationwide. IDB Invest shall provide a guarantee of up to USD 31 million to support Banistmo in reducing its portfolio risk by expanding its capacity to generate new productive loans supporting the economic recovery of the sector. The program will also be partially guaranteed by the Panamanian National Government. The Project involves establishing a risk mitigation guarantee program for Banistmo with the support of IDB Invest and Panama’s National Government, with the objective of guaranteeing Banistmo’s existing portfolio loans and the new loans issued by Banistmo to the tourism sector nationwide. IDB Invest shall provide a guarantee of up to USD 31 million to support Banistmo in reducing its portfolio risk by expanding its capacity to generate new productive loans supporting the economic recovery of the sector. The program will also be partially guaranteed by the Panamanian National Government. IDB Invest Banistmo S.A IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 31000000 31000000 31000000 Banistmo - Tourism RSF Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11861-03 IDB Invest The proposed transaction is a subscription to the first public issuance program of sustainable bonds by Banco Promerica S.A. ("Promerica") in the local Salvadoran market, for up to US$100 million, of which US$20 million will be subscribed by IDB Invest during the first issue and the remainder, limited to US$80 million, will be subscribed by other impact investors in subsequent issuances. These funds will be used to finance projects with a positive social and environmental impact within the country and will focus on Small and Medium Enterprises (SMEs) with a green portfolio and a social portfolio. IDB Invest will support Promerica in launching its first thematic bond in accordance with the Social Bond Principles issued by the International Capital Markets Association (ICMA). This will be supported by a Second Party Opinion (SPO) by an independent third party that will validate the bond classification as a Thematic Bond and provide the associated market accreditation for it to attract the interest of issuers seeking to maximize the social impact of their investments. This thematic bond will be aligned with the UN Sustainable Development Goals (SDGs) and the Social Bond Principles (SBP), making it the first bond issuance of its kind on the El Salvador Stock Exchange and by IDB Invest. The proposed transaction is a subscription to the first public issuance program of sustainable bonds by Banco Promerica S.A. ("Promerica") in the local Salvadoran market, for up to US$100 million, of which US$20 million will be subscribed by IDB Invest during the first issue and the remainder, limited to US$80 million, will be subscribed by other impact investors in subsequent issuances. These funds will be used to finance projects with a positive social and environmental impact within the country and will focus on Small and Medium Enterprises (SMEs) with a green portfolio and a social portfolio. IDB Invest will support Promerica in launching its first thematic bond in accordance with the Social Bond Principles issued by the International Capital Markets Association (ICMA). This will be supported by a Second Party Opinion (SPO) by an independent third party that will validate the bond classification as a Thematic Bond and provide the associated market accreditation for it to attract the interest of issuers seeking to maximize the social impact of their investments. This thematic bond will be aligned with the UN Sustainable Development Goals (SDGs) and the Social Bond Principles (SBP), making it the first bond issuance of its kind on the El Salvador Stock Exchange and by IDB Invest. IDB Invest Banco Promerica El Salvador IDB Invest Joya Silva, Sindy Elena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions 20000000 20000000 20000000 Promerica ES - Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13478-01 IDB Invest Prolifico, an alternative real estate investment company specialized in the development of assets for high-yield business models in Brazil, was established in 2009. At present, it is administered by a multinational team working from São Paulo, Rio de Janeiro, London, and Lisbon. Since 2012, Prolifico has been setting up joint ventures with partners in specialized sectors, with the intent of making their real estate assets operational. In 2020, Prolifico entered the Post-Acute Care Facilities (“PAC”) sector via the acquisition of properties, aiming at its development into PACs. The present operation, (the “Project”) includes the construction and operation of one building (the Jardins Unit) situated in the city of São Paulo (“SP”) in which the clinic (a “Unit”) will be installed. The Project will be conducted by YUNA (“the Company” or “YUNA/Prolifico,”) a company in the Prolifico Group (the “Group”) that was established in 2021 to operate the PAC clinic. The Unit will be built by AIM Construtora, a firm that is also part of the Group. Prolifico, an alternative real estate investment company specialized in the development of assets for high-yield business models in Brazil, was established in 2009. At present, it is administered by a multinational team working from São Paulo, Rio de Janeiro, London, and Lisbon. Since 2012, Prolifico has been setting up joint ventures with partners in specialized sectors, with the intent of making their real estate assets operational. In 2020, Prolifico entered the Post-Acute Care Facilities (“PAC”) sector via the acquisition of properties, aiming at its development into PACs. The present operation, (the “Project”) includes the construction and operation of one building (the Jardins Unit) situated in the city of São Paulo (“SP”) in which the clinic (a “Unit”) will be installed. The Project will be conducted by YUNA (“the Company” or “YUNA/Prolifico,”) a company in the Prolifico Group (the “Group”) that was established in 2021 to operate the PAC clinic. The Unit will be built by AIM Construtora, a firm that is also part of the Group. IDB Invest Prolifico Partic IDB Invest Collivadino Salvatierra, Federico +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Social Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12676-02 IDB Invest The project consists of a corporate loan to Sabesp to assist Tietê River Depollution Program – Stage IV. The purpose is to help restore the water quality of the Tietê River, in the Metropolitan Region of São Paulo, Brazil, through the expansion of sewage coverage and wastewater treatment capacity. This program encompasses various activities, including: (i) expansion of the wastewater treatment capacity by 3 m3/sec, covering the Parque Novo Mundo and São Miguel Paulista Sewage Treatment Stations (ETEs), as well as the expansion of the solid phase of the ETE Barueri for 16 m3/sec; (ii) construction of 200 km of collection networks and 160 km of interceptors and trunk collectors and (iii) strengthening of Sabesp's management capabilities and instruments.With the implementation of the project, it will be possible to achieve high levels of sanitary sewage collection and treatment in the area where Sabesp operates in the Metropolitan Region of São Paulo. The project will benefit, directly and indirectly, 34 municipalities and around 3.7 million inhabitants. contributing to the universalization service until 2033, as promoted by the New Sanitation Law. * In December 2022, the Franco da Rocha Wastewater Treatment Plant (“WWTP”) was incorporated into the Tietê River Depollution Project – Phase IV. Both the Environmental and Social Review Summary (ESRS) and the Environmental and Social Action Plan (ESAP), which were disclosed in April 2022, contemplates this new infrastructure and Sabesp commits to apply IDB Invest’s Sustainability Policy during the construction and operation of the WWTP.This transaction should be reviewed together with Project Proparco Sabesp - Tietê River Depollution Project Phase IV (14488-01) The project consists of a corporate loan to Sabesp to assist Tietê River Depollution Program – Stage IV. The purpose is to help restore the water quality of the Tietê River, in the Metropolitan Region of São Paulo, Brazil, through the expansion of sewage coverage and wastewater treatment capacity. This program encompasses various activities, including: (i) expansion of the wastewater treatment capacity by 3 m3/sec, covering the Parque Novo Mundo and São Miguel Paulista Sewage Treatment Stations (ETEs), as well as the expansion of the solid phase of the ETE Barueri for 16 m3/sec; (ii) construction of 200 km of collection networks and 160 km of interceptors and trunk collectors and (iii) strengthening of Sabesp's management capabilities and instruments.With the implementation of the project, it will be possible to achieve high levels of sanitary sewage collection and treatment in the area where Sabesp operates in the Metropolitan Region of São Paulo. The project will benefit, directly and indirectly, 34 municipalities and around 3.7 million inhabitants. contributing to the universalization service until 2033, as promoted by the New Sanitation Law. * In December 2022, the Franco da Rocha Wastewater Treatment Plant (“WWTP”) was incorporated into the Tietê River Depollution Project – Phase IV. Both the Environmental and Social Review Summary (ESRS) and the Environmental and Social Action Plan (ESAP), which were disclosed in April 2022, contemplates this new infrastructure and Sabesp commits to apply IDB Invest’s Sustainability Policy during the construction and operation of the WWTP.This transaction should be reviewed together with Project Proparco Sabesp - Tietê River Depollution Project Phase IV (14488-01) IDB Invest COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO IDB Invest Cabral Da Silva Porto, Adriane +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Water and Sanitation 97888100 97888100 97888100 Sabesp - Tietê River Depollution Project Phase IV Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13553-01 IDB Invest Movida Participações S.A. (“Movida”, the “Company” or the “Client”) is one of the largest car rental companies in Brazil. Founded in 2006 and headquartered in São Paulo, the Company is part of the Simpar Group (“SIMPAR” or “the Group”) that consolidates the activities of six companies in the logistics sector in Brazil. Movida operates under two major business units: (i) Rent a car ("RAC"); and (ii) Third Party Fleet Management ("GTF"). Movida is present in all Brazilian states, has 264 operational branches and operates a total fleet of +158,000 cars. The proposed operation aims at supporting Movida in its continuous efforts to reduce Greenhouse Gas (“GHG”) emissions in its operations. Transaction objectives include: (i) increase the number of electric cars in its RAC and GTF fleet, (ii) increase the number of hybrid and flex-fuel cars in its RAC and GTF fleet, (iii) innovation projects to optimize its operational process and integrating systems through the inclusion of technologies and programs to reduce the overall carbon footprint of its operations; and (iv) support investments in solar panel energy generation at its operational branches. The impact story of this project was highlighted on our 2021 Annual Report. Movida Participações S.A. (“Movida”, the “Company” or the “Client”) is one of the largest car rental companies in Brazil. Founded in 2006 and headquartered in São Paulo, the Company is part of the Simpar Group (“SIMPAR” or “the Group”) that consolidates the activities of six companies in the logistics sector in Brazil. Movida operates under two major business units: (i) Rent a car ("RAC"); and (ii) Third Party Fleet Management ("GTF"). Movida is present in all Brazilian states, has 264 operational branches and operates a total fleet of +158,000 cars. The proposed operation aims at supporting Movida in its continuous efforts to reduce Greenhouse Gas (“GHG”) emissions in its operations. Transaction objectives include: (i) increase the number of electric cars in its RAC and GTF fleet, (ii) increase the number of hybrid and flex-fuel cars in its RAC and GTF fleet, (iii) innovation projects to optimize its operational process and integrating systems through the inclusion of technologies and programs to reduce the overall carbon footprint of its operations; and (iv) support investments in solar panel energy generation at its operational branches. The impact story of this project was highlighted on our 2021 Annual Report. IDB Invest Movida Participações S.A. IDB Invest de Paiva Ferraz, Joao Victor +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Manufacturing 20000000 20000000 20000000 Movida Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12789-02 IDB Invest 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. IDB Invest Tiendas Industriales Asociadas Tía S.A IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing 10000000 10000000 10000000 TIA Trade Finance Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13385-01 IDB Invest The proposed operation consists of the financing of: (i) the development, construction, operation and maintenance of a portfolio of distributed generation assets in Jamaica, including ground mounted, rooftop and carport solar photovoltaic (“PV”) installations as well as energy storage solutions and interconnection facilities (each, an “Installation”) with an initial aggregate generating capacity of approximately 11.25 mega-watt peak (“MWp”), which will be contracted with commercial and industrial clients through long-term lease contracts (“Phase I”); and (ii) a subsequent set of Installations for additional generation capacity following the same long-term leasing structure (“Phase II”). Together, (i) and (ii) are the “Project”. The construction period is expected to be no longer than 12 months. The Project developer, Soleco Energy Limited (“SEL” or the “Company”) manages the Engineering, Procurement and Construction (“EPC”) and Operations and Maintenance (“O&M”) works contracted to Grupotec Servicios Avanzados, S.A. (or “Grupotec”) for Phase I of the Project. The proposed operation consists of the financing of: (i) the development, construction, operation and maintenance of a portfolio of distributed generation assets in Jamaica, including ground mounted, rooftop and carport solar photovoltaic (“PV”) installations as well as energy storage solutions and interconnection facilities (each, an “Installation”) with an initial aggregate generating capacity of approximately 11.25 mega-watt peak (“MWp”), which will be contracted with commercial and industrial clients through long-term lease contracts (“Phase I”); and (ii) a subsequent set of Installations for additional generation capacity following the same long-term leasing structure (“Phase II”). Together, (i) and (ii) are the “Project”. The construction period is expected to be no longer than 12 months. The Project developer, Soleco Energy Limited (“SEL” or the “Company”) manages the Engineering, Procurement and Construction (“EPC”) and Operations and Maintenance (“O&M”) works contracted to Grupotec Servicios Avanzados, S.A. (or “Grupotec”) for Phase I of the Project. IDB Invest Soleco Energy (Jamaica) Limited IDB Invest Zacarias Mateo, OmarAlfredo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Energy 13333200 13333200 13333200 Soleco Energy Jamaica Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13184-01 IDB Invest Belize Electricity Limited (“The Client,” “The Company,” or “BEL”) is the primary distributor of electricity in Belize, Central America. Its aggregate energy sales in 2020 was 539.3 gigawatt-hours (GWh) to a approximately 104,000 customers with peak power demand of 102.7 megawatts (MW) during the year. The Client is seeking funds to cover both short-term working capital needs as well as to pay for scheduled capital projects. Phase I of the operation will provide financing for a working capital tranche and finance capex including equipment, software, system development, infrastructure upgrade works and customer services (the “Project”). Other Phases of the operation will be assessed in the future in terms of their potential environmental and social impacts. Belize Electricity Limited (“The Client,” “The Company,” or “BEL”) is the primary distributor of electricity in Belize, Central America. Its aggregate energy sales in 2020 was 539.3 gigawatt-hours (GWh) to a approximately 104,000 customers with peak power demand of 102.7 megawatts (MW) during the year. The Client is seeking funds to cover both short-term working capital needs as well as to pay for scheduled capital projects. Phase I of the operation will provide financing for a working capital tranche and finance capex including equipment, software, system development, infrastructure upgrade works and customer services (the “Project”). Other Phases of the operation will be assessed in the future in terms of their potential environmental and social impacts. IDB Invest Belize Electricity Limited IDB Invest Pascual, Joana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Belize Belize Energy 30000000 30000000 30000000 Belize Electricity Limited Corporate Loan Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13720-01 IDB Invest The proposed financing consists of a Long-term Senior Loan to Empresas Ariztía, for up to US$20 million and a maximum term of 10 years, for the company's investment program for the years 2021 and 2022, aimed at increasing production, implementing new technologies and efficiencies, improvements in terms of animal welfare, as well as their maintenance investments. Additionally, a second loan, which consists of a committed revolving line to finance working capital for up to US$30 million, with an availability period of 65 months, disbursements within 390 days, and intended to finance working capital related to the line bird genetics. Empresas Ariztía is one of the main poultry producers in Chile, with national and export sales, and value-added products in chickens, turkeys and cured meats. The company is vertically integrated in the production chain, from the production of the feed, through the incubation, fattening and processing of poultry meat, to the distribution and sale of the final product. In addition to poultry products, it also sells eggs, mushrooms, cheeses, butter, vegetables and other meats. The proposed financing consists of a Long-term Senior Loan to Empresas Ariztía, for up to US$20 million and a maximum term of 10 years, for the company's investment program for the years 2021 and 2022, aimed at increasing production, implementing new technologies and efficiencies, improvements in terms of animal welfare, as well as their maintenance investments. Additionally, a second loan, which consists of a committed revolving line to finance working capital for up to US$30 million, with an availability period of 65 months, disbursements within 390 days, and intended to finance working capital related to the line bird genetics. Empresas Ariztía is one of the main poultry producers in Chile, with national and export sales, and value-added products in chickens, turkeys and cured meats. The company is vertically integrated in the production chain, from the production of the feed, through the incubation, fattening and processing of poultry meat, to the distribution and sale of the final product. In addition to poultry products, it also sells eggs, mushrooms, cheeses, butter, vegetables and other meats. IDB Invest Empresas Ariztía IDB Invest Guerra Diaz, Rocio Trinidad +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Agribusiness 50000000 50000000 50000000 Empresas Ariztia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13502-01 IDB Invest In February 2021, within the framework of a broad agreement between the Government of the Eastern Republic of Uruguay and Katoen Natie ("KN"), the majority shareholder of TCP, these parties agreed to expand the infrastructure of the specialized container terminal of the port of Montevideo. According to present estimates, the Borrower will invest an amount exceeding US$600 million in order to position the port as a regional and competitive Hub in the region. Said investment will contemplate, among the most significant, the following: ( i) new gantry cranes and horizontal transfer equipment; (ii) expansion and modernization of truck access at the Terminal; (iii) new paving of the original container yard; and (iv) new computer systems.Once the works are completed, the port of Montevideo will have a specialized state-of-the-art container terminal, which will at least double its annual capacity and will allow it to serve the most modern ships (400m). The two docks, which will total more than 1,300m, will allow TCP to operate 4 container ships simultaneously. Likewise, this increase in capacity and concentration of cargo will improve the efficiency of the operation and reduce costs per container, with the aim of placing Montevideo in a privileged place on the map of transit cargo exchange routes. and transshipment, consolidating its strategic position and attracting cargo to said port. In February 2021, within the framework of a broad agreement between the Government of the Eastern Republic of Uruguay and Katoen Natie ("KN"), the majority shareholder of TCP, these parties agreed to expand the infrastructure of the specialized container terminal of the port of Montevideo. According to present estimates, the Borrower will invest an amount exceeding US$600 million in order to position the port as a regional and competitive Hub in the region. Said investment will contemplate, among the most significant, the following: ( i) new gantry cranes and horizontal transfer equipment; (ii) expansion and modernization of truck access at the Terminal; (iii) new paving of the original container yard; and (iv) new computer systems.Once the works are completed, the port of Montevideo will have a specialized state-of-the-art container terminal, which will at least double its annual capacity and will allow it to serve the most modern ships (400m). The two docks, which will total more than 1,300m, will allow TCP to operate 4 container ships simultaneously. Likewise, this increase in capacity and concentration of cargo will improve the efficiency of the operation and reduce costs per container, with the aim of placing Montevideo in a privileged place on the map of transit cargo exchange routes. and transshipment, consolidating its strategic position and attracting cargo to said port. IDB Invest TERMINAL CUENCA DEL PLATA IDB Invest Diaz Gomez, Anahi +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Transport 175000000 175000000 175000000 TCP Port Expansion Program Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13487-02 IDB Invest It consists of a committed line of credit for up to US$20 million for use in working capital of the artichoke cultivation (the “Facility”) of Virú S.A. (“Virú or the“ Company ”), specially structured to cover the cash conversion cycle of the production and sale of the crop for the next three years, to ensure the growth and sustainability of the value-added artichoke products that Virú exports . The objective of the transaction is to strengthen the linkages of its value chain, which will allow the Company to increase exports of processed artichoke and the integration of more than 50 new producers. It consists of a committed line of credit for up to US$20 million for use in working capital of the artichoke cultivation (the “Facility”) of Virú S.A. (“Virú or the“ Company ”), specially structured to cover the cash conversion cycle of the production and sale of the crop for the next three years, to ensure the growth and sustainability of the value-added artichoke products that Virú exports . The objective of the transaction is to strengthen the linkages of its value chain, which will allow the Company to increase exports of processed artichoke and the integration of more than 50 new producers. IDB Invest Viru S.A. IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Agribusiness 20000000 20000000 20000000 Viru TSCF Loan Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12015-02 IDB Invest The Company is a fruit and vegetable agro-export company, specifically in grapes, asparagus, avocados and blueberries, for which a Senior Loan for up to US$160 million will be structured to be granted as follows: (i) IDB Invest for up to US$50 million; (ii) Interbank for up to US$60 million; and (iii) BBVA for up to US$50 million. The uses of financing funds are: (i) US$110 million for investments in the expansion of the Company's operations in Peru and its internationalization in Colombia; and (ii) US$70 million to refinance the existing debt, mainly the exposures of Interbank and BBVA to homogenize terms and conditions with the new financing. Additionally, an uncommitted tranche of up to US$20 million from IDB Invest is included for new investments in Colombia in the 2022 and 2023 years. The Company is a fruit and vegetable agro-export company, specifically in grapes, asparagus, avocados and blueberries, for which a Senior Loan for up to US$160 million will be structured to be granted as follows: (i) IDB Invest for up to US$50 million; (ii) Interbank for up to US$60 million; and (iii) BBVA for up to US$50 million. The uses of financing funds are: (i) US$110 million for investments in the expansion of the Company's operations in Peru and its internationalization in Colombia; and (ii) US$70 million to refinance the existing debt, mainly the exposures of Interbank and BBVA to homogenize terms and conditions with the new financing. Additionally, an uncommitted tranche of up to US$20 million from IDB Invest is included for new investments in Colombia in the 2022 and 2023 years. IDB Invest Agrícola Cerro Prieto S.A. IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Agribusiness 70000000 70000000 70000000 Agrícola Cerro Prieto Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13436-01 IDB Invest 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. IDB Invest Accion International IDB Invest Vargas Gomez, Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Investment Funds 2500000 2500000 2500000 ACCION Digital Transformation Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13726-01 IDB Invest The financing facility involves a USD-denominated unsecured subordinated loan for Banco Agromercantil Guatemala, S.A. (BAM or the Bank), of US$70 million, with a 10-year tenor including five years of grace. This financing transaction will be funded as follows: (i) US$50 million by IDB Invest; and (ii) US$20 million by the IDB. It is aimed at supporting Banco Agromercantil Guatemala, S.A. in its efforts to develop its green projects and the SME sector. It will also include advisory services, focused on expanding and diversifying the business line and designing new green products for sustainable construction and mobility. The financing facility involves a USD-denominated unsecured subordinated loan for Banco Agromercantil Guatemala, S.A. (BAM or the Bank), of US$70 million, with a 10-year tenor including five years of grace. This financing transaction will be funded as follows: (i) US$50 million by IDB Invest; and (ii) US$20 million by the IDB. It is aimed at supporting Banco Agromercantil Guatemala, S.A. in its efforts to develop its green projects and the SME sector. It will also include advisory services, focused on expanding and diversifying the business line and designing new green products for sustainable construction and mobility. IDB Invest BANCO AGROMERCANTIL DE GUATEMALA S.A IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Financial Institutions 50000000 50000000 50000000 Banco Agromercantil Green Building Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13679-01 IDB Invest In April 2021, a concession auction was held for CEDAE - Companhia Estadual de Águas e Esgoto do Rio de Janeiro. It was the largest sanitation infrastructure concession in the country's history. AEGEA won 2 lots (blocks 1& 4) of the dispute, with offers of more than 100% of goodwill on the concession fee. The two concessions will have 35 years tenor each, involving an investment that will sum altogether approx. BRL 24.4 billion, in addition to BRL 15.5 billion collected with the payment of the concession fees. The goal, in addition to water distribution universal, is to achieve 90% of sewage collection and treatment for 10 million people. In April 2021, a concession auction was held for CEDAE - Companhia Estadual de Águas e Esgoto do Rio de Janeiro. It was the largest sanitation infrastructure concession in the country's history. AEGEA won 2 lots (blocks 1& 4) of the dispute, with offers of more than 100% of goodwill on the concession fee. The two concessions will have 35 years tenor each, involving an investment that will sum altogether approx. BRL 24.4 billion, in addition to BRL 15.5 billion collected with the payment of the concession fees. The goal, in addition to water distribution universal, is to achieve 90% of sewage collection and treatment for 10 million people. IDB Invest AEGEA Saneamento e Participações S.A. IDB Invest Cabral Da Silva Porto, Adriane +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Water and Sanitation 33119500 33119500 33119500 AEGEA Águas do Rio Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12343-02 IDB Invest The project aims to finance small and medium-sized companies (SMEs) through factoring and financial leasing operations in Chile and Peru. The proposed operation includes a senior unsecured A/B loan, renewable for four additional periods of up to one year at the discretion of IDB Invest, composed of: (i) an A Loan of up to US$15 million to be financed by IDB Invest, for a term of up to one year; and (ii) a B Loan of up to US$7 million to be financed by commercial banks, other financial institutions, or other entities through the signing of participation agreements, for a term of up to one year. The funds will support the credit activities that Primus Capital carries out with SMEs in Chile and Peru, financing factoring and leasing operations to mitigate the effects of the COVID-19 pandemic. The project aims to finance small and medium-sized companies (SMEs) through factoring and financial leasing operations in Chile and Peru. The proposed operation includes a senior unsecured A/B loan, renewable for four additional periods of up to one year at the discretion of IDB Invest, composed of: (i) an A Loan of up to US$15 million to be financed by IDB Invest, for a term of up to one year; and (ii) a B Loan of up to US$7 million to be financed by commercial banks, other financial institutions, or other entities through the signing of participation agreements, for a term of up to one year. The funds will support the credit activities that Primus Capital carries out with SMEs in Chile and Peru, financing factoring and leasing operations to mitigate the effects of the COVID-19 pandemic. IDB Invest Primus Capital S.A. IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 20000000 20000000 20000000 Primus Capital COVID-19 Mitigation Financing Partnership Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13446-01 IDB Invest Long-term financing for the 177.0 megawatt ("MW") wind power expansion project of Enel Green Power Peru S.A.C, Wayra Extension (the "Project"). The Project is located in Marcona District, Ica region, Peru and expects to start commercial operations in 2023.The Financing consists of a total aggregate amount of USD $ 85 million provided by IDB Invest, with term of up to 15 years, guaranteed by Enel S.p.A. Through this operation, IDB Invest seeks to contribute to the Peruvian government's objective of diversifying and improving the security of the country's energy matrix, through the development of renewable wind energy sources. Long-term financing for the 177.0 megawatt ("MW") wind power expansion project of Enel Green Power Peru S.A.C, Wayra Extension (the "Project"). The Project is located in Marcona District, Ica region, Peru and expects to start commercial operations in 2023.The Financing consists of a total aggregate amount of USD $ 85 million provided by IDB Invest, with term of up to 15 years, guaranteed by Enel S.p.A. Through this operation, IDB Invest seeks to contribute to the Peruvian government's objective of diversifying and improving the security of the country's energy matrix, through the development of renewable wind energy sources. IDB Invest Enel Green Power Peru IDB Invest Perez, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Energy 85000000 85000000 85000000 Enel Green Power Peru Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13755-01 IDB Invest JSL, Vamos and CSB are Brazilian companies controlled by the SIMPAR Group, (“SIMPAR”, or the “Group”). SIMPAR controls and manages six independent companies that provide value-added rental, logistics, mobility and financial services, focused on long-term contracts. Overall, the companies that are part of SIMPAR buy, rent, maintain, finance, operate and sell vehicles and equipment. JSL is the leader in road logistics services in Brazil; Vamos s is the leader of rental and sale of trucks, machinery, and equipment in Brazil; and CSB focuses on providing long term services to public companies, including passenger transportation, waste disposal, road and port terminal concessions. The proposed operation for Vamos (the “Project”) aims at supporting the Client efforts to reduce Greenhouse Gas emissions (“GHG”) in its operations. Transaction objectives include: (i) increase the participation of electric, hybrid and/or biofuel heavy vehicles in its fleet; and (ii) innovation projects to optimize its operational process and integrating systems through the inclusion of technologies and programs to reduce the overall carbon footprint of its operations. The impact story of this project was highlighted on our 2021 Annual Report. JSL, Vamos and CSB are Brazilian companies controlled by the SIMPAR Group, (“SIMPAR”, or the “Group”). SIMPAR controls and manages six independent companies that provide value-added rental, logistics, mobility and financial services, focused on long-term contracts. Overall, the companies that are part of SIMPAR buy, rent, maintain, finance, operate and sell vehicles and equipment. JSL is the leader in road logistics services in Brazil; Vamos s is the leader of rental and sale of trucks, machinery, and equipment in Brazil; and CSB focuses on providing long term services to public companies, including passenger transportation, waste disposal, road and port terminal concessions. The proposed operation for Vamos (the “Project”) aims at supporting the Client efforts to reduce Greenhouse Gas emissions (“GHG”) in its operations. Transaction objectives include: (i) increase the participation of electric, hybrid and/or biofuel heavy vehicles in its fleet; and (ii) innovation projects to optimize its operational process and integrating systems through the inclusion of technologies and programs to reduce the overall carbon footprint of its operations. The impact story of this project was highlighted on our 2021 Annual Report. IDB Invest Vamos Locação S.A. (“Vamos”, the “Client” or the “Company”) IDB Invest de Paiva Ferraz, Joao Victor +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Manufacturing 20000000 20000000 20000000 Vamos Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13756-01 IDB Invest JSL, Vamos and CSB are Brazilian companies controlled by the SIMPAR Group, (“SIMPAR”, or the “Group”). SIMPAR controls and manages six independent companies that provide value-added rental, logistics, mobility and financial services, focused on long-term contracts. Overall, the companies that are part of SIMPAR buy, rent, maintain, finance, operate and sell vehicles and equipment. JSL is the leader in road logistics services in Brazil; VAMOS s is the leader of rental and sale of trucks, machinery, and equipment in Brazil; and CSB focuses on providing long term services to public companies, including passenger transportation, waste disposal, road and port terminal concessions. The proposed operation for CSB (the “Project”) aims at supporting the Client efforts to reduce greenhouse gas emissions (“GHG”) in its operations. Transaction objectives include: (i) increase the participation of light and heavy electric, hybrid and flex fuel vehicles in its fleet; and (ii) innovation projects to optimize its operational process and integrating systems through the inclusion of technologies and programs to reduce the overall carbon footprint of its operations. JSL, Vamos and CSB are Brazilian companies controlled by the SIMPAR Group, (“SIMPAR”, or the “Group”). SIMPAR controls and manages six independent companies that provide value-added rental, logistics, mobility and financial services, focused on long-term contracts. Overall, the companies that are part of SIMPAR buy, rent, maintain, finance, operate and sell vehicles and equipment. JSL is the leader in road logistics services in Brazil; VAMOS s is the leader of rental and sale of trucks, machinery, and equipment in Brazil; and CSB focuses on providing long term services to public companies, including passenger transportation, waste disposal, road and port terminal concessions. The proposed operation for CSB (the “Project”) aims at supporting the Client efforts to reduce greenhouse gas emissions (“GHG”) in its operations. Transaction objectives include: (i) increase the participation of light and heavy electric, hybrid and flex fuel vehicles in its fleet; and (ii) innovation projects to optimize its operational process and integrating systems through the inclusion of technologies and programs to reduce the overall carbon footprint of its operations. IDB Invest CS Brasil Holding e Locação S.A. (“CSB”, the “Client” or the “Company”) IDB Invest de Paiva Ferraz, Joao Victor +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Manufacturing 20000000 20000000 20000000 Cs Brasil Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13761-01 IDB Invest The proposed transaction consists of an unsecured subordinated loan in US dollars ("US$") to Banco Múltiple Promerica, S.A. ("Promerica" or the "Bank"), for an amount of up to US$10 million. The maturity of the loan will be of up to seven years. The subordinated loan from IDB Invest will be used by Promerica to increase the size of its commercial portfolio by providing financing to small and medium enterprises (SMEs). The proposed transaction consists of an unsecured subordinated loan in US dollars ("US$") to Banco Múltiple Promerica, S.A. ("Promerica" or the "Bank"), for an amount of up to US$10 million. The maturity of the loan will be of up to seven years. The subordinated loan from IDB Invest will be used by Promerica to increase the size of its commercial portfolio by providing financing to small and medium enterprises (SMEs). IDB Invest Banco Múltiple Promerica, S.A. IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Financial Institutions 10000000 10000000 10000000 Promerica DR Subordinated Debt Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13762-01 IDB Invest The project consists of an IDB Invest anchor investment of up to US$50 million of the capital commitments in the EM Credit Recovery Fund (the “Fund”), a new global Emerging Markets (“EM”) credit recovery investment platform which is being established to provide additional and more efficient credit recovery solutions to nonperforming borrowers and Small and Medium-Sized Enterprises (“SMEs”), while providing liquidity and capital relief to banking and credit markets for Distressed Assets (“DA”) resolution and servicing infrastructure development to increase capital efficiency and help offset impacts of Non-Performing Loan (“NPLs”) across Latin America and the Caribbean (“LAC”) and other EM globally (the “Project”). The Fund will be sponsored by Deva Capital (“Deva” or the “Sponsor”), a global investing platform part of the Santander Group founded in 2019 and focused on distressed assets and special situations globally, including in emerging markets.With a target size of US$1.5 billion, the Fund is expected to mobilize Development Finance Institutions (“DFIs”) and global institutional investors’ capital to (i) create and support more flexible and efficient tools and forum to resolve distress situations and help borrowers regain or maintain access to credit and thereby promoting financial inclusion; (ii) support troubled companies, especially SMEs, to help solving their distress situation which allows to maintain the business, preserve jobs, and keep the assets productive; and (iii) provide to banks and other financial intermediaries much-needed capital relief and tools to manage the increasing stocks of DAs that are clogging their balance sheets so they can continue lending. The Fund can play a key role in LAC’s economic growth on the back of the aftermath from the COVID‑19 crisis, given the large and urgent need for capital investment in the region to help banks with DAs to unlock credit and help SME and individuals to resolve their distress situation. The project consists of an IDB Invest anchor investment of up to US$50 million of the capital commitments in the EM Credit Recovery Fund (the “Fund”), a new global Emerging Markets (“EM”) credit recovery investment platform which is being established to provide additional and more efficient credit recovery solutions to nonperforming borrowers and Small and Medium-Sized Enterprises (“SMEs”), while providing liquidity and capital relief to banking and credit markets for Distressed Assets (“DA”) resolution and servicing infrastructure development to increase capital efficiency and help offset impacts of Non-Performing Loan (“NPLs”) across Latin America and the Caribbean (“LAC”) and other EM globally (the “Project”). The Fund will be sponsored by Deva Capital (“Deva” or the “Sponsor”), a global investing platform part of the Santander Group founded in 2019 and focused on distressed assets and special situations globally, including in emerging markets.With a target size of US$1.5 billion, the Fund is expected to mobilize Development Finance Institutions (“DFIs”) and global institutional investors’ capital to (i) create and support more flexible and efficient tools and forum to resolve distress situations and help borrowers regain or maintain access to credit and thereby promoting financial inclusion; (ii) support troubled companies, especially SMEs, to help solving their distress situation which allows to maintain the business, preserve jobs, and keep the assets productive; and (iii) provide to banks and other financial intermediaries much-needed capital relief and tools to manage the increasing stocks of DAs that are clogging their balance sheets so they can continue lending. The Fund can play a key role in LAC’s economic growth on the back of the aftermath from the COVID‑19 crisis, given the large and urgent need for capital investment in the region to help banks with DAs to unlock credit and help SME and individuals to resolve their distress situation. IDB Invest Deva EM Credit Recovery Fund IDB Invest Ferro De Sanctis, Carlos Numen +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Investment Funds 50000000 50000000 50000000 Deva EM Credit Recovery Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12278-02 IDB Invest The Project’s objective is to design, construct, finance and maintain the 272-kilometer long railway between Montevideo and Paso de Los Toros in Uruguay. The financing consists of (i) a senior A loan, granted by the IDB Group for an amount of up to US$300 million and a senior B loan for an amount of up to US$160.9 million, provided by two international commercial banks; in addition, the financing will include (ii) a subordinated A loan provided by the IDB Group for an amount of up to US$7.5 million and a subordinated B loan for an amount of up to US$67.5 million. The Environmental and Social Action Plan and the Environmental and Social Review Summary are available at the following link: Proyecto Ferrocarril Central PPP | IDB Invest The Project’s objective is to design, construct, finance and maintain the 272-kilometer long railway between Montevideo and Paso de Los Toros in Uruguay. The financing consists of (i) a senior A loan, granted by the IDB Group for an amount of up to US$300 million and a senior B loan for an amount of up to US$160.9 million, provided by two international commercial banks; in addition, the financing will include (ii) a subordinated A loan provided by the IDB Group for an amount of up to US$7.5 million and a subordinated B loan for an amount of up to US$67.5 million. The Environmental and Social Action Plan and the Environmental and Social Review Summary are available at the following link: Proyecto Ferrocarril Central PPP | IDB Invest IDB Invest Grupo Vía Central IDB Invest Rivadeneira Arbildua, María Paz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Transport 7500000 7500000 7500000 Ferrocarril Central Subordinated Loan Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13065-02 IDB Invest The proposed transaction with Home Mortgage Bank (“HMB”) consists of a senior secured bond financing of up to TTD300 million with a tenor of up to five years, to be funded by IDB Invest. One of the mandates of HMB is to develop the secondary mortgage market. Through the use of proceeds, the IDB Invest’s role will be to support and finance the continued growth and development of the housing finance industry in the Republic of Trinidad and Tobago. The proposed transaction with Home Mortgage Bank (“HMB”) consists of a senior secured bond financing of up to TTD300 million with a tenor of up to five years, to be funded by IDB Invest. One of the mandates of HMB is to develop the secondary mortgage market. Through the use of proceeds, the IDB Invest’s role will be to support and finance the continued growth and development of the housing finance industry in the Republic of Trinidad and Tobago. IDB Invest Home Mortgage Bank IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Trinidad and Tobago Trinidad and Tobago Financial Institutions 44220400 44220400 44220400 HMB Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13288-01 IDB Invest The proposed transaction consists of a senior loan of up to US$10 million (the “Loan”), financed by IDB Invest. The Loan has a tenor of three years, with semiannual amortization. The Loan funds will be used to finance microentrepreneurs of low income in Chile, as well as to design gender advisory services. The proposed transaction consists of a senior loan of up to US$10 million (the “Loan”), financed by IDB Invest. The Loan has a tenor of three years, with semiannual amortization. The Loan funds will be used to finance microentrepreneurs of low income in Chile, as well as to design gender advisory services. IDB Invest Fondo Esperanza SpA IDB Invest Astudillo Lira, Maria Belen +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 10000000 10000000 10000000 Fondo Esperanza Microfinance Partnership Alliance Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12698-01 IDB Invest The proposed operation consists of the financing of the development, construction, operation, and maintenance of an 11 Mega-Watt peak (“MWp”) photovoltaic (“PV”) solar farm in Freeport, Grand Bahama, The Bahamas. Solar PV arrays and interconnection facilities (together an “Installation”) will be developed in two locations within Freeport (the “Project”). The size and locations of the Installations are: (i) a 4.98 MWp solar array in Devon and (ii) a 6.01MWp solar array in Fairfield. The construction period is expected to be no longer than 12 months. Lucayas Solar Power Limited (“LSP” or the “Company”) will contract as the Engineering, Procurement and Construction (“EPC”) for the Project a consortium formed by Ventus Ingenieria SRL and Osprey Construction LTD (together the “EPC Contractor”) and it will be also in charge of its Operations and Maintenance (“O&M”) phase . The Project will be grid-tied, and the off taker will be the Grand Bahama Power Company (“GBPC”). The proposed operation consists of the financing of the development, construction, operation, and maintenance of an 11 Mega-Watt peak (“MWp”) photovoltaic (“PV”) solar farm in Freeport, Grand Bahama, The Bahamas. Solar PV arrays and interconnection facilities (together an “Installation”) will be developed in two locations within Freeport (the “Project”). The size and locations of the Installations are: (i) a 4.98 MWp solar array in Devon and (ii) a 6.01MWp solar array in Fairfield. The construction period is expected to be no longer than 12 months. Lucayas Solar Power Limited (“LSP” or the “Company”) will contract as the Engineering, Procurement and Construction (“EPC”) for the Project a consortium formed by Ventus Ingenieria SRL and Osprey Construction LTD (together the “EPC Contractor”) and it will be also in charge of its Operations and Maintenance (“O&M”) phase . The Project will be grid-tied, and the off taker will be the Grand Bahama Power Company (“GBPC”). IDB Invest Lucayas Solar Power Ltd IDB Invest Cavichioli, Gabriela +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bahamas Bahamas Energy 12225600 12225600 12225600 Lucayas Solar Power Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12854-02 IDB Invest IDB Invest is considering a financing up to US$15 million over 10 years to Prolade SAPI de CV (the “Company”, “Prolade”). Prolade is a company established in 2013 in the municipalities of Huimanguillo and Teapa, in the Tabasco region, dedicated to the sustainable production of palm oil. The Company has a vertically integrated operation and to date has 3,130 harvested hectares and an oil extraction plant. IDB Invest financing will be used for: (i) acquisition of land, (ii) purchase of biological assets, (iii) installation of an irrigation system and (iv) expansion of the oil extraction plant. IDB Invest is considering a financing up to US$15 million over 10 years to Prolade SAPI de CV (the “Company”, “Prolade”). Prolade is a company established in 2013 in the municipalities of Huimanguillo and Teapa, in the Tabasco region, dedicated to the sustainable production of palm oil. The Company has a vertically integrated operation and to date has 3,130 harvested hectares and an oil extraction plant. IDB Invest financing will be used for: (i) acquisition of land, (ii) purchase of biological assets, (iii) installation of an irrigation system and (iv) expansion of the oil extraction plant. IDB Invest Prolade SAPI de CV IDB Invest Aguirre Hernandez, Alma Iliana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 5000000 5000000 5000000 PROLADE Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13424-01 IDB Invest The proposed transaction consists of granting El Rosado a senior secured long-term financing to: (i) finance the Company's investment plan for up to US$35 million, which primarily consists of sustainable initiatives related to clean energy production, energy efficiency and emissions reduction, as well as other investments in logistics improvement, maintenance and geographic expansion; and (ii) refinance debt for up to US$15 million. The financing will have a US$25 million tranche A to be funded with IDB Invest resources, and a US$25 million tranche B to be mobilized through international financiers. El Rosado is a company with more than 66 years of experience and is one of the most important business groups in Ecuador, with nationwide participation through different business lines, including the second largest supermarket chain in Ecuador. Since its foundation, the company has participated in the development of the private and national sector, and is currently one of the largest employers of the country. The proposed transaction consists of granting El Rosado a senior secured long-term financing to: (i) finance the Company's investment plan for up to US$35 million, which primarily consists of sustainable initiatives related to clean energy production, energy efficiency and emissions reduction, as well as other investments in logistics improvement, maintenance and geographic expansion; and (ii) refinance debt for up to US$15 million. The financing will have a US$25 million tranche A to be funded with IDB Invest resources, and a US$25 million tranche B to be mobilized through international financiers. El Rosado is a company with more than 66 years of experience and is one of the most important business groups in Ecuador, with nationwide participation through different business lines, including the second largest supermarket chain in Ecuador. Since its foundation, the company has participated in the development of the private and national sector, and is currently one of the largest employers of the country. IDB Invest Corporacion El Rosado IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing 25000000 25000000 25000000 El Rosado Ecuador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13434-01 IDB Invest The project consists of the financing of the purchase, supply, and maintenance of 992 electric buses (or “E-buses”) by Suministradora de Buses K Cuatro SpA (the “SPV” or the “Company”) for use in the Red Metropolitana de Movilidad (the “RED”), Santiago’s Public transport system (the “Project”). The E-buses will operate under a 14-year bus supply contract awarded as part of the ongoing fleet renewal and expansion tender carried out by the Ministry of Transport and Telecommunications of Chile (the “MTT”). The total Project cost is estimated at US$396 million (excluding VAT), which will be financed through a long-term structure composed of: (a) an IDB Invest senior loan for an aggregate amount of up to US$120 million and (b) parallel senior loans of up to US$183 million, which are expected to be Unidades de Fomento (“UF”)-linked loans. The rest of the Project’s costs will be funded through equity and subordinated debt contributions from the Sponsors. The Company is owned by Inversiones Kaufmann S.A., a subsidiary of Grupo Kaufmann, and Enel X Chile, a subsidiary of Enel Chile S.A. Each currently own 50% of the Company. This Project represents a relevant milestone in Chile’s Public transport system, since the country will have the largest E-buses urban fleet in the world outside of China. The project consists of the financing of the purchase, supply, and maintenance of 992 electric buses (or “E-buses”) by Suministradora de Buses K Cuatro SpA (the “SPV” or the “Company”) for use in the Red Metropolitana de Movilidad (the “RED”), Santiago’s Public transport system (the “Project”). The E-buses will operate under a 14-year bus supply contract awarded as part of the ongoing fleet renewal and expansion tender carried out by the Ministry of Transport and Telecommunications of Chile (the “MTT”). The total Project cost is estimated at US$396 million (excluding VAT), which will be financed through a long-term structure composed of: (a) an IDB Invest senior loan for an aggregate amount of up to US$120 million and (b) parallel senior loans of up to US$183 million, which are expected to be Unidades de Fomento (“UF”)-linked loans. The rest of the Project’s costs will be funded through equity and subordinated debt contributions from the Sponsors. The Company is owned by Inversiones Kaufmann S.A., a subsidiary of Grupo Kaufmann, and Enel X Chile, a subsidiary of Enel Chile S.A. Each currently own 50% of the Company. This Project represents a relevant milestone in Chile’s Public transport system, since the country will have the largest E-buses urban fleet in the world outside of China. IDB Invest Suministradora de Buses K Cuatro SPA IDB Invest Rivadeneira Arbildua, María Paz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Transport 140000000 140000000 140000000 E-Buses Chile Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13499-01 IDB Invest Riverpar S.A. (the “Company”) is a company established in Paraguay, part of the Atria Logistics Solutions Group (the “Group”), dedicated to providing river transportation services through the waterway. The financing aims to construct a prototype push boat that will use bio-LNG as its main fuel, minimizing CO2 emissions due to being a green fuel. Its ultra-low draft design will allow navigation in shallow conditions, achieving greater operational efficiency than conventional push boats. Additionally, the project will include the construction of the biogas plant and the necessary auxiliary works that, from the processing of organic waste primarily from the dairy industry, will produce the bio-LNG needed to supply the tugboat. Riverpar S.A. (the “Company”) is a company established in Paraguay, part of the Atria Logistics Solutions Group (the “Group”), dedicated to providing river transportation services through the waterway. The financing aims to construct a prototype push boat that will use bio-LNG as its main fuel, minimizing CO2 emissions due to being a green fuel. Its ultra-low draft design will allow navigation in shallow conditions, achieving greater operational efficiency than conventional push boats. Additionally, the project will include the construction of the biogas plant and the necessary auxiliary works that, from the processing of organic waste primarily from the dairy industry, will produce the bio-LNG needed to supply the tugboat. IDB Invest Riverpar S.A. IDB Invest Duhart, Martin Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Transport 25000000 25000000 25000000 Riverpar: Green Pushboat Financing for the Paraná–Paraguay Waterway Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13554-01 IDB Invest The transaction is an uncommitted, secured revolving working capital facility to support 2020 FMCG Inc. and other borrowing entities (collectively, “the Borrowers”) who are to design, procure, construct, install, commission and turn-key deliver two non-grid tied solar photovoltaic (“PV”) power plants, battery energy storage systems and interconnection facilities (each, an “Installation”) in two remote areas in Guyana (“the Project”). The locations and systems will be in: (i) Bartica for a 1.5 Mega-Watt peak (“MWp”) solar PV array plus 0.83MW battery energy storage system (“BESS”); and (ii) Lethem for a 1MWp solar PV array plus 0.57 MW BESS. The Project will also finance a subsequent set of similar Installations in Guyana. The transaction is an uncommitted, secured revolving working capital facility to support 2020 FMCG Inc. and other borrowing entities (collectively, “the Borrowers”) who are to design, procure, construct, install, commission and turn-key deliver two non-grid tied solar photovoltaic (“PV”) power plants, battery energy storage systems and interconnection facilities (each, an “Installation”) in two remote areas in Guyana (“the Project”). The locations and systems will be in: (i) Bartica for a 1.5 Mega-Watt peak (“MWp”) solar PV array plus 0.83MW battery energy storage system (“BESS”); and (ii) Lethem for a 1MWp solar PV array plus 0.57 MW BESS. The Project will also finance a subsequent set of similar Installations in Guyana. IDB Invest 2020 FMCG Inc. IDB Invest Peters, Mark Christopher +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guyana Guyana Energy 5000000 5000000 5000000 2020 FMCG Inc. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13770-01 IDB Invest The Project consists in a guarantee facility to be granted to Mexarrend, S.A.P.I. de C.V. (the “Issuer”) for up to MXN500 million, about US$25 million, with a tenor of up to three years. The first partial credit guarantee (“PCG”) granted under the Facility will amount to up to MXN250 million, the equivalent to 50% of the total common senior partially-secured long-term corporate bonds (the “Bonds”) to be issued by the Issuer. The Bonds will be preferably considered Social Bonds, with a gender and financial inclusion approach . The proceeds from the bond issuance will be used to fund leases to be granted in Mexico to small and medium-sized enterprises (“SMEs”). Because they would be Social Bonds, they would be gender and financial inclusion oriented. The Project will be supplemented with technical advisory services to help finalize the issuance and other strategic aspects for the Issuer. The Project consists in a guarantee facility to be granted to Mexarrend, S.A.P.I. de C.V. (the “Issuer”) for up to MXN500 million, about US$25 million, with a tenor of up to three years. The first partial credit guarantee (“PCG”) granted under the Facility will amount to up to MXN250 million, the equivalent to 50% of the total common senior partially-secured long-term corporate bonds (the “Bonds”) to be issued by the Issuer. The Bonds will be preferably considered Social Bonds, with a gender and financial inclusion approach . The proceeds from the bond issuance will be used to fund leases to be granted in Mexico to small and medium-sized enterprises (“SMEs”). Because they would be Social Bonds, they would be gender and financial inclusion oriented. The Project will be supplemented with technical advisory services to help finalize the issuance and other strategic aspects for the Issuer. IDB Invest Mexarrend S.A.P.I de C.V IDB Invest Eskildsen Alfaro, Jan Petter +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 27864100 27864100 27864100 Mexarrend — Partial Guarantee Facility for Social Bonds in Mexico Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13787-01 IDB Invest The proposed project includes a financing mechanism that will consist of a senior, secured, revolving warehouse facility of up to US$50 million, whose proceeds will be used to purchase and accumulate eligible endorsable mortgage loans or other similar instruments granted to individuals, with a particular focus on diversity and inclusion, for future total or partial asset-backed securitizations in the Chilean capital markets. The transaction will support and improve certain diversity and inclusion segments access to financing in Chile, narrowing the current financing gap that is increasing due to the COVID-19 crisis, and will help further expand debt capital markets in the country through new issuances of asset-backed securities. The proceeds from the line will allow AVLA Group to expand its origination of mortgage loans. The warehousing facility may support several accumulation periods, for a maximum total availability period of six years. The proposed project includes a financing mechanism that will consist of a senior, secured, revolving warehouse facility of up to US$50 million, whose proceeds will be used to purchase and accumulate eligible endorsable mortgage loans or other similar instruments granted to individuals, with a particular focus on diversity and inclusion, for future total or partial asset-backed securitizations in the Chilean capital markets. The transaction will support and improve certain diversity and inclusion segments access to financing in Chile, narrowing the current financing gap that is increasing due to the COVID-19 crisis, and will help further expand debt capital markets in the country through new issuances of asset-backed securities. The proceeds from the line will allow AVLA Group to expand its origination of mortgage loans. The warehousing facility may support several accumulation periods, for a maximum total availability period of six years. IDB Invest AVLA SEGUROS DE CRÉDITO Y GARANTÍA S.A. ("AVLA") IDB Invest Domenech Pina, Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 60000000 60000000 60000000 AVLA - Social Housing Financing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11847-02 IDB Invest The proposed transaction consists on an A/B senior loan of up to US$150 million (the “Loan”) funded as follows: (i) an A loan of up of U$$30 million to be funded by IDB Invest; and (ii) a B loan of up to US$120 million to be funded by institutional investors The Loan will be amortizable in up to five years. The Project involves funding Banco Internacional to increase its operation (balance) by increasing available lending to Small- and Mid-Sized Enterprises (“SMEs”) clients, as well as adding new SMEs to its portfolio. Additionally, advisory services are being designed to help Banco Internacional develop a sustainability strategy. The proposed transaction consists on an A/B senior loan of up to US$150 million (the “Loan”) funded as follows: (i) an A loan of up of U$$30 million to be funded by IDB Invest; and (ii) a B loan of up to US$120 million to be funded by institutional investors The Loan will be amortizable in up to five years. The Project involves funding Banco Internacional to increase its operation (balance) by increasing available lending to Small- and Mid-Sized Enterprises (“SMEs”) clients, as well as adding new SMEs to its portfolio. Additionally, advisory services are being designed to help Banco Internacional develop a sustainability strategy. IDB Invest Banco Internacional Chile IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 40000000 40000000 40000000 A/B Financing Agreement with Banco Internacional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12195-02 IDB Invest The proposed operation is a facility for the purchase of accounts receivable (the “Operation, the" Line of Credit "or" the Project ") that will be used to discount the invoices originated in the WOM S.A. program ("WOM", the "Client" or the "Company") of financing to individual and corporate subscribers for the purchase of mobile devices and telecommunications services in Chile. The Line of Credit will be available for a period of up to 48 months and the invoices have a cancellation period of up to 24 months. The proposed operation is a facility for the purchase of accounts receivable (the “Operation, the" Line of Credit "or" the Project ") that will be used to discount the invoices originated in the WOM S.A. program ("WOM", the "Client" or the "Company") of financing to individual and corporate subscribers for the purchase of mobile devices and telecommunications services in Chile. The Line of Credit will be available for a period of up to 48 months and the invoices have a cancellation period of up to 24 months. IDB Invest WOM S.A. IDB Invest Donelli, Marcelo Henrique +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Digital Economy 100000000 100000000 100000000 WOM Chile Financiamiento de Dispositivos Móviles y Servicios Digitales Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13409-01 IDB Invest IDB Invest has proposed an investment of up to: (i) the equivalent of US$40 million in Colombian pesos; and (ii) 20% of the Fund’s total commitments. The Project consists of a capital investment in the Fondo de Capital Privado Credicorp Capital Deuda Privada I (the "Fund"), a private credit fund created to provide tailored debt financing solutions for Mid-Market Enterprises (“MMEs”) in Colombia. The Fund will be managed by Credicorp Capital Colombia S.A. (the “Fund Manager”), a subsidiary of Credicorp Ltd. (“Credicorp”), the largest financial holding in Peru and a leader in the Andean region. The Fund will invest in private debt instruments (primarily direct loans, but potentially also corporate bonds, securitized bonds, or others). The Fund will have an investment period of four years and a total life of ten years. IDB Invest has proposed an investment of up to: (i) the equivalent of US$40 million in Colombian pesos; and (ii) 20% of the Fund’s total commitments. The Project consists of a capital investment in the Fondo de Capital Privado Credicorp Capital Deuda Privada I (the "Fund"), a private credit fund created to provide tailored debt financing solutions for Mid-Market Enterprises (“MMEs”) in Colombia. The Fund will be managed by Credicorp Capital Colombia S.A. (the “Fund Manager”), a subsidiary of Credicorp Ltd. (“Credicorp”), the largest financial holding in Peru and a leader in the Andean region. The Fund will invest in private debt instruments (primarily direct loans, but potentially also corporate bonds, securitized bonds, or others). The Fund will have an investment period of four years and a total life of ten years. IDB Invest Credicorp Capital Colombia S.A. IDB Invest Vargas Gomez, Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Investment Funds 40000000 40000000 40000000 Credicorp Capital - Private Debt Fund Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13491-01 IDB Invest The objective of the “Conolophus” Project is to support the decarbonization and energy transition of the Galápagos Islands by increasing the share of renewable energy in the local energy matrix.The project consists of providing a loan to E-QUATOR Energy S.A., a special-purpose vehicle formed by Gransolar and TotalEnergies (50/50), for the development of a photovoltaic power plant on Baltra Island, Galápagos, Ecuador.The project includes:A 14.8 MWp solar photovoltaic farmA 40.9 MWh battery energy storage system (BESS)A substation and transmission infrastructure (approx. 44 km, 34.5 kV)A microgrid integrating existing and future diesel, wind, and solar generation, along with distribution and storage systems. The objective of the “Conolophus” Project is to support the decarbonization and energy transition of the Galápagos Islands by increasing the share of renewable energy in the local energy matrix.The project consists of providing a loan to E-QUATOR Energy S.A., a special-purpose vehicle formed by Gransolar and TotalEnergies (50/50), for the development of a photovoltaic power plant on Baltra Island, Galápagos, Ecuador.The project includes:A 14.8 MWp solar photovoltaic farmA 40.9 MWh battery energy storage system (BESS)A substation and transmission infrastructure (approx. 44 km, 34.5 kV)A microgrid integrating existing and future diesel, wind, and solar generation, along with distribution and storage systems. IDB Invest E-QUATOR Energy S.A. IDB Invest Zuluaga, Andres +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Energy 10000000 10000000 10000000 Conolophus | Renewable Energy Microgrid, Photovoltaic Farm & Battery Storage - The Galapagos Ecuador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13606-01 IDB Invest IDB Invest is considering an investment of up to US$30 million in senior, US dollar-denominated quotas of the XLC Private Debt Fintech Investment Fund (the “Fund”), which is managed by XLC Administradora General de Fondos S.A. (the “Fund Manager”). The Fund’s main objective is to invest in invoices and other private debt instruments originated by X Capital SpA (“Xepelin”), a fintech company specialized in providing financial services to small and medium-sized enterprises (“SMEs”). The development goal of the investment is to support access to financing for Chilean SMEs. IDB Invest's participation will allow the Fund to reach enough scale to effectively execute its investment strategy. IDB Invest is considering an investment of up to US$30 million in senior, US dollar-denominated quotas of the XLC Private Debt Fintech Investment Fund (the “Fund”), which is managed by XLC Administradora General de Fondos S.A. (the “Fund Manager”). The Fund’s main objective is to invest in invoices and other private debt instruments originated by X Capital SpA (“Xepelin”), a fintech company specialized in providing financial services to small and medium-sized enterprises (“SMEs”). The development goal of the investment is to support access to financing for Chilean SMEs. IDB Invest's participation will allow the Fund to reach enough scale to effectively execute its investment strategy. IDB Invest XLC Administradora General de Fondos S.A. IDB Invest Soares, Tatiana Fontes +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 15000000 15000000 15000000 XLC Fintech Private Debt Fund Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13612-01 IDB Invest IDB Invest considers providing a multi-borrower senior secured loan of up to US$30 million to Torrecom and its operating subsidiaries in Latin America. The proposed financing will be used to (i) fund growth CAPEX and associated costs in 2022-2024 in El Salvador, Mexico, Guatemala, Panama, Colombia, Peru, Chile, Paraguay and Ecuador; and (ii) refinance the existing debt in Guatemala, Mexico and Panama. The proposed financing is expected to be part of a US$70 million co-financing facility funded by Proparco, DEG and IDB Invest. The objective of the proposed financing is to reduce digital divide in the space of mobile telecom infrastructure by supporting a multi-carrier, shared infrastructure operator. Founded in 2010, Torrecom is one of the independent tower companies in Latin America with a portfolio of 1311 telecom towers under operation in 9 counties as of October 2022. Torrecom has focused on markets in Central America since its inception, becoming a leading tower company in such region. In the next years, Torrecom plans to consolidate its position in South America. IDB Invest considers providing a multi-borrower senior secured loan of up to US$30 million to Torrecom and its operating subsidiaries in Latin America. The proposed financing will be used to (i) fund growth CAPEX and associated costs in 2022-2024 in El Salvador, Mexico, Guatemala, Panama, Colombia, Peru, Chile, Paraguay and Ecuador; and (ii) refinance the existing debt in Guatemala, Mexico and Panama. The proposed financing is expected to be part of a US$70 million co-financing facility funded by Proparco, DEG and IDB Invest. The objective of the proposed financing is to reduce digital divide in the space of mobile telecom infrastructure by supporting a multi-carrier, shared infrastructure operator. Founded in 2010, Torrecom is one of the independent tower companies in Latin America with a portfolio of 1311 telecom towers under operation in 9 counties as of October 2022. Torrecom has focused on markets in Central America since its inception, becoming a leading tower company in such region. In the next years, Torrecom plans to consolidate its position in South America. IDB Invest Torrecom Partners LLC IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Digital Economy 15000000 15000000 15000000 Torrecom - Corporate Regional Loan Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13724-01 IDB Invest The proposed operation contemplates a Senior Secured A/B Facility of up to US$20 million (the "Facility") to be financed by BID Invest and B lender/s. The Facility will consist of a first loan up to one year, renewable with tenors of up to four years, at the discretion of IDB Invest.Facility funds will be used to finance Micro, Small and Medium-Sized Enterprises ("MSMEs") through financial leasing operations.Additionally, technical advisory services are being designed to support the transaction in terms of climate finance and gender and inclusion. The proposed operation contemplates a Senior Secured A/B Facility of up to US$20 million (the "Facility") to be financed by BID Invest and B lender/s. The Facility will consist of a first loan up to one year, renewable with tenors of up to four years, at the discretion of IDB Invest.Facility funds will be used to finance Micro, Small and Medium-Sized Enterprises ("MSMEs") through financial leasing operations.Additionally, technical advisory services are being designed to support the transaction in terms of climate finance and gender and inclusion. IDB Invest Global Soluciones Financieras IDB Invest Penagaricano, Matilde +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 12000000 12000000 12000000 Global SME Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13666-01 IDB Invest The proposed investment consists of a potential transaction with Telecom Argentina S.A. consisting of: (i) a Senior Loan for up to US$50 million (“A Loan”); and (ii) a Senior Loan for up to US$450 million (“B Loan”), the proceeds of which would be used to finance sustainable projects ("CapEx") related to 4G/5G infrastructure, including areas far from urban centers that currently lack access to mobile data such as La Consulta in Mendoza, Villa El Salvador in San Juan or Rivera in Buenos Aires, as well as to continue with the expansion of the Fiber to the Home ("FTTH") network, especially in remote regions such as Tartagal, and Tafí Viejo in the northwest part of Argentina and Allen and Plottier in Patagonia, areas where the Company has less coverage. In addition, the proceeds of the financing will be used to refinance certain existing financial obligations, working capital, and general corporate purposes. The financing will potentially be complemented with a co-loan for an aggregate amount of up to approximately US$75 million (“Co-Loan”). The purpose of the transaction is to support the deployment of telecommunications infrastructure to achieve greater digital access, broadband quality, and improved connectivity in Argentina, enabling Telecom Argentina to expand its subscriber base in the medium term. The proposed investment consists of a potential transaction with Telecom Argentina S.A. consisting of: (i) a Senior Loan for up to US$50 million (“A Loan”); and (ii) a Senior Loan for up to US$450 million (“B Loan”), the proceeds of which would be used to finance sustainable projects ("CapEx") related to 4G/5G infrastructure, including areas far from urban centers that currently lack access to mobile data such as La Consulta in Mendoza, Villa El Salvador in San Juan or Rivera in Buenos Aires, as well as to continue with the expansion of the Fiber to the Home ("FTTH") network, especially in remote regions such as Tartagal, and Tafí Viejo in the northwest part of Argentina and Allen and Plottier in Patagonia, areas where the Company has less coverage. In addition, the proceeds of the financing will be used to refinance certain existing financial obligations, working capital, and general corporate purposes. The financing will potentially be complemented with a co-loan for an aggregate amount of up to approximately US$75 million (“Co-Loan”). The purpose of the transaction is to support the deployment of telecommunications infrastructure to achieve greater digital access, broadband quality, and improved connectivity in Argentina, enabling Telecom Argentina to expand its subscriber base in the medium term. IDB Invest Telecom Argentina S.A. IDB Invest Cabanas Britos, Edgar +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Digital Economy 50000000 50000000 50000000 Telecom Argentina Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13790-01 IDB Invest The proposed transaction consists of supporting the Bank to strengthen its funding through the purchase of COP76.5 billion (approximately US$20 million) of the Social Bonds to be issued by this entity, the total value of the issuance is up to COP150 billion. The remaining investors will be Colombian institutional investors. The term of the Social Bond will be three years from the issue date. The use of funds will be used to finance women-led and/or women-owned microenterprises. The proposed transaction consists of supporting the Bank to strengthen its funding through the purchase of COP76.5 billion (approximately US$20 million) of the Social Bonds to be issued by this entity, the total value of the issuance is up to COP150 billion. The remaining investors will be Colombian institutional investors. The term of the Social Bond will be three years from the issue date. The use of funds will be used to finance women-led and/or women-owned microenterprises. IDB Invest n/a IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 20000000 20000000 20000000 Banking Institution of Colombia ("The Bank") Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13764-01 IDB Invest The Project consists of a senior loan of up to US$20 million to support the expansion and consolidation of Locfund Next (the “Fund”), a fund that provides local currency financing to small and medium-sized microfinance institutions ("MFIs") in Latin America and the Caribbean ("LAC"). Locfund Next contributes to reducing the MFIs’ foreign exchange ("FX") risk exposure, which supports the expansion of their local currency lending capacity to micro and small-sized enterprises ("MSEs"). Locfund Next will contribute to advance financial inclusion by addressing key constraints that hinder MFIs’ growth and potential impact in delivering financial services to populations at the bottom of the pyramid. It will do so by: (i) providing local currency financing to small and medium-sized (Tier II and Tier III) MFIs; (ii) connecting MFIs with local capital markets for alternative sustainable local currency financing; and (iii) helping MFIs to modernize and reach their clients with better services, by facilitating their digital transformation. The Fund will be managed by Bolivian Investment Management Ltd. (“BIM” or the “Fund Manager”), a company that has developed significant experience by managing several investment vehicles of an aggregate amount of above US$250 million. The Project consists of a senior loan of up to US$20 million to support the expansion and consolidation of Locfund Next (the “Fund”), a fund that provides local currency financing to small and medium-sized microfinance institutions ("MFIs") in Latin America and the Caribbean ("LAC"). Locfund Next contributes to reducing the MFIs’ foreign exchange ("FX") risk exposure, which supports the expansion of their local currency lending capacity to micro and small-sized enterprises ("MSEs"). Locfund Next will contribute to advance financial inclusion by addressing key constraints that hinder MFIs’ growth and potential impact in delivering financial services to populations at the bottom of the pyramid. It will do so by: (i) providing local currency financing to small and medium-sized (Tier II and Tier III) MFIs; (ii) connecting MFIs with local capital markets for alternative sustainable local currency financing; and (iii) helping MFIs to modernize and reach their clients with better services, by facilitating their digital transformation. The Fund will be managed by Bolivian Investment Management Ltd. (“BIM” or the “Fund Manager”), a company that has developed significant experience by managing several investment vehicles of an aggregate amount of above US$250 million. IDB Invest Locfund Next, LP IDB Invest Espinoza Diaz, Jose Alejandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 20000000 20000000 20000000 Locfund Next Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13760-01 IDB Invest The transaction consists of an investment of up to US$25 million in COP in FCP SURA Corporate Private Debt - Corporate Private Debt Compartment (the "SURA Fund"), which consists of a private credit fund that will provide financing to Small and Medium-sized Enterprises ("SMEs") and Middle Market Enterprises ("MMEs") classified as Entrepreneurial and Large Companies in Colombia. Through this transaction, IDB Invest will support the nascent private debt fund segment in Colombia, a new asset class promoted in an effort to expand financing options complementary to traditional banking and thereby support economic reactivation. IDB Invest's investment will assist the SURA Fund in achieving its target size. It will also serve as a reference to attract additional investors. The transaction consists of an investment of up to US$25 million in COP in FCP SURA Corporate Private Debt - Corporate Private Debt Compartment (the "SURA Fund"), which consists of a private credit fund that will provide financing to Small and Medium-sized Enterprises ("SMEs") and Middle Market Enterprises ("MMEs") classified as Entrepreneurial and Large Companies in Colombia. Through this transaction, IDB Invest will support the nascent private debt fund segment in Colombia, a new asset class promoted in an effort to expand financing options complementary to traditional banking and thereby support economic reactivation. IDB Invest's investment will assist the SURA Fund in achieving its target size. It will also serve as a reference to attract additional investors. IDB Invest SURA IDB Invest Vargas Gomez, Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 25000000 25000000 25000000 SURA Corporate Private Debt Fund Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13675-01 IDB Invest A committed revolving facility to be provided by Inter-American Investment Corporation (“IDB Invest”) for an amount of up to five million United States Dollars (US$5,000,000.00). The facility will provide liquidity to Aannemings-Maatschappij Baitali N.V., a private local construction company in Suriname with over 50 years of experience to execute its projects in the country. The credit line will be used mainly in the rehabilitation of the Jenny-Henar road that connects Suriname with Guyana. A committed revolving facility to be provided by Inter-American Investment Corporation (“IDB Invest”) for an amount of up to five million United States Dollars (US$5,000,000.00). The facility will provide liquidity to Aannemings-Maatschappij Baitali N.V., a private local construction company in Suriname with over 50 years of experience to execute its projects in the country. The credit line will be used mainly in the rehabilitation of the Jenny-Henar road that connects Suriname with Guyana. IDB Invest Aannemings-Maatschappij Baitali N.V. IDB Invest Small, Charlene Marie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Suriname Suriname Transport 5000000 5000000 5000000 Baitali Suriname Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13795-01 IDB Invest Renewstable (Barbados) Inc. (“RSB”), a special purpose vehicle (SPV), will develop a power production facility at Harrow Plantation in St. Philip, Barbados which will provide firm capacity of 13 MW from 8am to 5pm and 8pm to 10 pm and 3MW for the remainder of the night. The electricity delivered will come from a 50 MWp Solar photovoltaic plant combined with an energy storage system using hydrogen technologies for long term storage and a li-ion battery system for short-term storage. The system will generate electricity from the photovoltaic solar park and feed into the national grid and in parallel convert water to hydrogen using an electrolyzer, store the hydrogen in the form of compressed gas and then produce firm power from the hydrogen using a fuel cell. This project is expected to fully contract its capacity through a 25-year Power Purchase Agreement (“PPA”) with the national grid operator- Barbados Light and Power Company (“BLPC”). In addition, the project will house a blackbelly sheep farm (the “Project”). Subject to due diligence, IDB Invest will provide a loan of up to US$35 million as a part of the syndicated debt for RSB. The project cost is approximately US$165 million, and the requested debt financing amount from RSB is up to US$132 million. The funds raised will be used to finance, build, and commission the Project. Renewstable (Barbados) Inc. (“RSB”), a special purpose vehicle (SPV), will develop a power production facility at Harrow Plantation in St. Philip, Barbados which will provide firm capacity of 13 MW from 8am to 5pm and 8pm to 10 pm and 3MW for the remainder of the night. The electricity delivered will come from a 50 MWp Solar photovoltaic plant combined with an energy storage system using hydrogen technologies for long term storage and a li-ion battery system for short-term storage. The system will generate electricity from the photovoltaic solar park and feed into the national grid and in parallel convert water to hydrogen using an electrolyzer, store the hydrogen in the form of compressed gas and then produce firm power from the hydrogen using a fuel cell. This project is expected to fully contract its capacity through a 25-year Power Purchase Agreement (“PPA”) with the national grid operator- Barbados Light and Power Company (“BLPC”). In addition, the project will house a blackbelly sheep farm (the “Project”). Subject to due diligence, IDB Invest will provide a loan of up to US$35 million as a part of the syndicated debt for RSB. The project cost is approximately US$165 million, and the requested debt financing amount from RSB is up to US$132 million. The funds raised will be used to finance, build, and commission the Project. IDB Invest Renewstable (Barbados) Inc. IDB Invest Monje, Marco +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Barbados Barbados Energy 40000000 40000000 40000000 Renewstable Barbados Power Plant Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13807-01 IDB Invest This transaction consists of a loan of up to US$146.4 million to finance the development and operations of a 95 room Four Seasons Hotel with 24 residential unit sustainable tourism resort. Grupo Cisneros is a privately held business conglomerate with over 90 years of global experience that is primarily focused on: media, digital/advertising, real estate, social leadership and new technologies. This transaction consists of a loan of up to US$146.4 million to finance the development and operations of a 95 room Four Seasons Hotel with 24 residential unit sustainable tourism resort. Grupo Cisneros is a privately held business conglomerate with over 90 years of global experience that is primarily focused on: media, digital/advertising, real estate, social leadership and new technologies. IDB Invest Inversiones Costa Elocuente S.A.S, subsidiary of Grupo Cisneros IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Tourism 39000000 39000000 39000000 Tropicalia II Sustainable Tourism Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13809-01 IDB Invest The financing transaction proposed to Automotores y Maquinaria S.A.E.C.A. ("Automaq") consists in a three-year committed revolving credit line of up to US$15 million, under which IDB Invest will extend financing for up to 390 days to import agricultural machinery, equipment and spare parts from eligible suppliers, which will be sold and financed to their agricultural producers. The transaction seeks to offer a working capital solution to align Automaq’s imports financing terms to its cash generation cycles. Automaq was founded in 1961 and operates as a local representative and dealership of global brands from the agricultural, automobile, tire and construction sectors. Automaq is a major market leader in the machinery and equipment industry, serving about 350 customers through its branches across the country. The financing transaction proposed to Automotores y Maquinaria S.A.E.C.A. ("Automaq") consists in a three-year committed revolving credit line of up to US$15 million, under which IDB Invest will extend financing for up to 390 days to import agricultural machinery, equipment and spare parts from eligible suppliers, which will be sold and financed to their agricultural producers. The transaction seeks to offer a working capital solution to align Automaq’s imports financing terms to its cash generation cycles. Automaq was founded in 1961 and operates as a local representative and dealership of global brands from the agricultural, automobile, tire and construction sectors. Automaq is a major market leader in the machinery and equipment industry, serving about 350 customers through its branches across the country. IDB Invest AUTOMOTORES Y MAQUINARIA S.A.E.C.A. IDB Invest Otheguy Valverde, Sofia Yanet +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Agribusiness 15000000 15000000 15000000 Automaq Paraguay Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13808-01 IDB Invest Rutas 2/7 - Bond Rutas 2/7 - Bond IDB Invest RUTAS DEL ESTE S.A. IDB Invest Luciani, Fernando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Transport 80500000 80500000 80500000 Rutas 2/7 - Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13814-01 IDB Invest 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. IDB Invest MERQUEO S.A.S IDB Invest Rojas Cuellar, Lina Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Digital Economy 4000000 4000000 4000000 Merqueo Mezz Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13818-01 IDB Invest The project consists of an equity investment of $10 million in the Valor Opportunity Fund II LP (“VOFII” or “Fund”), which aims to provide early growth equity for technology-enabled companies in Latin America and the Caribbean (“LAC”) with Brazil being its main geographical target. VOFII will be managed by Valor Capital Group (“Valor” or the “Fund Manager”). Established in 2011, Valor is one of the most active venture capital (“VC”) investment firms in LAC with an exceptional track record. Valor is currently fundraising $500 million for two funds (including VOFII) and has successfully raised and invested five other funds with total AUM worth US$2.2 billion. With a target size of US$250 million, VOFII will invest in approximately 10-15 “early growth” venture‑backed companies (Series B+) across LAC in sectors such as financial services, education, mobility, logistics, consumer & retail and health. The Fund will invest in breakout companies, which are expanding and require larger amounts of capital than the amount available from Valor’s early-stage funds, allocating at least 50% of the Fund to such investments. VOFII may also invest in businesses that are not in the portfolios of Valor funds. The Fund will provide capital for young, innovative and fast-growing firms across the region. Contributing to job creation, higher productivity, and ultimately, economic growth. The Project is also expected to facilitate cross-border technology transfers and will thus contribute to the further development of the regional innovation ecosystem. The project consists of an equity investment of $10 million in the Valor Opportunity Fund II LP (“VOFII” or “Fund”), which aims to provide early growth equity for technology-enabled companies in Latin America and the Caribbean (“LAC”) with Brazil being its main geographical target. VOFII will be managed by Valor Capital Group (“Valor” or the “Fund Manager”). Established in 2011, Valor is one of the most active venture capital (“VC”) investment firms in LAC with an exceptional track record. Valor is currently fundraising $500 million for two funds (including VOFII) and has successfully raised and invested five other funds with total AUM worth US$2.2 billion. With a target size of US$250 million, VOFII will invest in approximately 10-15 “early growth” venture‑backed companies (Series B+) across LAC in sectors such as financial services, education, mobility, logistics, consumer & retail and health. The Fund will invest in breakout companies, which are expanding and require larger amounts of capital than the amount available from Valor’s early-stage funds, allocating at least 50% of the Fund to such investments. VOFII may also invest in businesses that are not in the portfolios of Valor funds. The Fund will provide capital for young, innovative and fast-growing firms across the region. Contributing to job creation, higher productivity, and ultimately, economic growth. The Project is also expected to facilitate cross-border technology transfers and will thus contribute to the further development of the regional innovation ecosystem. IDB Invest Valor Opportunity Fund II, L.P IDB Invest Vargas Gomez, Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 10000000 10000000 10000000 Valor Opportunity Fund II Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13882-01 IDB Invest 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. IDB Invest NATURASOL, S.A. DE C.V. IDB Invest Aguirre Hernandez, Alma Iliana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 14977700 14977700 14977700 Naturasol II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13846-01 IDB Invest This transaction consists of a Partial Credit Guarantee to Grupo Vasconia S.A.B. (“Vasconia” or the “Group”) for bond issuances by the Group under its program (the “Project”). Vasconia is a Mexican industrial group mainly dedicated to aluminum manufacturing and production. It is organized into two divisions: i) consumer products, Vasconia Brands S.A. de C.V, with three plants mainly dedicated to the manufacture and sale (online) of tableware and kitchenware under different brands; and ii) industrial products, Almexa S.A. de C.V. with two operating plants and one in the late stages of construction, which manufacture aluminum sheets from recycled aluminum from local sources (68%) and imported primary aluminum (32%). This transaction consists of a Partial Credit Guarantee to Grupo Vasconia S.A.B. (“Vasconia” or the “Group”) for bond issuances by the Group under its program (the “Project”). Vasconia is a Mexican industrial group mainly dedicated to aluminum manufacturing and production. It is organized into two divisions: i) consumer products, Vasconia Brands S.A. de C.V, with three plants mainly dedicated to the manufacture and sale (online) of tableware and kitchenware under different brands; and ii) industrial products, Almexa S.A. de C.V. with two operating plants and one in the late stages of construction, which manufacture aluminum sheets from recycled aluminum from local sources (68%) and imported primary aluminum (32%). IDB Invest Grupo Vasconia, S.A.B. IDB Invest Fernandez Fernandez, Martha +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 49871100 49871100 49871100 Vasconia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13850-01 IDB Invest Grupo Calidra, S.A. de C.V. (the “Company”or “Calidra”), with more than a century of history, is a Mexican company, leader in the production of lime, ready mixes and carbonates in Latin America with operations in Mexico, Honduras, Chile, Argentina, Colombia and Peru. The transaction consists of three secured long-term financings, for up to US$50 million for its operations in Peru (US$18 million), Colombia (US$22 million) and Argentina (US$10 million). The loans will have a term of up to ten years and will be used for working capital and capital investment requirements, including the potential purchase of efficient kilns and the possible opening of a lime deposit in Colombia. This transaction should be reviewed together with Project Grupo Calidra (13677-01). Amendment: Subsequently, in 2023 and 2024 IDB Invest approved certain modifications to the financing granted in 2022, including among others, the increase of the loan amount by to reach a total of US$35 million. Grupo Calidra, S.A. de C.V. (the “Company”or “Calidra”), with more than a century of history, is a Mexican company, leader in the production of lime, ready mixes and carbonates in Latin America with operations in Mexico, Honduras, Chile, Argentina, Colombia and Peru. The transaction consists of three secured long-term financings, for up to US$50 million for its operations in Peru (US$18 million), Colombia (US$22 million) and Argentina (US$10 million). The loans will have a term of up to ten years and will be used for working capital and capital investment requirements, including the potential purchase of efficient kilns and the possible opening of a lime deposit in Colombia. This transaction should be reviewed together with Project Grupo Calidra (13677-01). Amendment: Subsequently, in 2023 and 2024 IDB Invest approved certain modifications to the financing granted in 2022, including among others, the increase of the loan amount by to reach a total of US$35 million. IDB Invest Grupo Calidra, S.A. de C.V. IDB Invest Beretta Tassano, Patricio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Manufacturing 10000000 10000000 10000000 Calidra Argentina Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13823-01 IDB Invest Senior corporate bond for up to US$35 million with a tenor of up to 10 years to finance urban development and housing projects for medium- and low-income population segments in Peru. An estimated 150 projects will be developed in approximately 18 Peruvian cities throughout the duration of the bond, benefiting more than 22,000 families in socioeconomic sectors C, D, and E by facilitating access to first-time buyer housing. Senior corporate bond for up to US$35 million with a tenor of up to 10 years to finance urban development and housing projects for medium- and low-income population segments in Peru. An estimated 150 projects will be developed in approximately 18 Peruvian cities throughout the duration of the bond, benefiting more than 22,000 families in socioeconomic sectors C, D, and E by facilitating access to first-time buyer housing. IDB Invest Los Portales S.A. IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Social Infrastructure 35000000 35000000 35000000 Los Portales II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13896-01 IDB Invest The transaction consists of a loan to acquire a fleet of 172 electric buses and build the recharging infrastructure for the provision of mass transportation service in the Fontibón area of the city of Bogotá, the capital district of Colombia, following the Concession contract N° 107 of 2021 signed between Empresa de Transporte del Tercer Milenio - Transmilenio S.A., manager of the public transport system in the city, and Fontibón ZE S.A.S. The approximate cost of the project is up to US$75 million and the expected participation of IDB Invest is up to US$ 25 million or its equivalent in Colombian Pesos. The transaction consists of a loan to acquire a fleet of 172 electric buses and build the recharging infrastructure for the provision of mass transportation service in the Fontibón area of the city of Bogotá, the capital district of Colombia, following the Concession contract N° 107 of 2021 signed between Empresa de Transporte del Tercer Milenio - Transmilenio S.A., manager of the public transport system in the city, and Fontibón ZE S.A.S. The approximate cost of the project is up to US$75 million and the expected participation of IDB Invest is up to US$ 25 million or its equivalent in Colombian Pesos. IDB Invest Fontibón ZE S.A.S IDB Invest Triana Correa, Maria Paula +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Transport 24971200 24971200 24971200 Guagua Fontibón Electric Bus Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13847-01 IDB Invest Explora Chile S.A. is a Chile-based sustainable tourism exploration and hospitality company featuring seven lodges across remote destinations in South America. The company provides unique and authentic experiences that allow visitors to interact with nature in a responsible manner and addresses the importance of land conservation and natural habitat protection. The transaction consists of providing a senior secured corporate loan of up to US$23.0 million to finance working capital needs, address refurbishment and upkeep needs, and provide growth CapEx to expand its portfolio footprint. Explora Chile S.A. is a Chile-based sustainable tourism exploration and hospitality company featuring seven lodges across remote destinations in South America. The company provides unique and authentic experiences that allow visitors to interact with nature in a responsible manner and addresses the importance of land conservation and natural habitat protection. The transaction consists of providing a senior secured corporate loan of up to US$23.0 million to finance working capital needs, address refurbishment and upkeep needs, and provide growth CapEx to expand its portfolio footprint. IDB Invest Explora Chile S.A. IDB Invest de Paiva Ferraz, Joao Victor +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Tourism 23000000 23000000 23000000 Explora Sustainable Tourism Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13889-01 IDB Invest Elcatex, S. de R.L. de C.V. (“ELCATEX”) and San Juan Textiles, S. de R.L. de C.V. are two textile companies that produce fabrics cut them and sew clothing for export. The transaction consists of https://idbinvest.org/en/news-media/idb-invest-keeps-promoting-honduras-sustainable-textile-sector-elcatex-group-financinga long-term senior guaranteed loan for ELCATEX and San Juan Textiles, S. de R.L. de C.V. The Project’s objectives are: (i) to support economic growth and export diversification; (ii) to finance capital investment and working capital for the construction and adaptation of auxiliary civil works, and the acquisition of textile machinery to increase production of the San Juan Textiles plant located at the San Juan Innovation Park Export Processing Zone (“EPZ”) in Choloma; and (iii) to purchase sewing equipment and refurbish sewing plants in Honduras. Elcatex, S. de R.L. de C.V. (“ELCATEX”) and San Juan Textiles, S. de R.L. de C.V. are two textile companies that produce fabrics cut them and sew clothing for export. The transaction consists of https://idbinvest.org/en/news-media/idb-invest-keeps-promoting-honduras-sustainable-textile-sector-elcatex-group-financinga long-term senior guaranteed loan for ELCATEX and San Juan Textiles, S. de R.L. de C.V. The Project’s objectives are: (i) to support economic growth and export diversification; (ii) to finance capital investment and working capital for the construction and adaptation of auxiliary civil works, and the acquisition of textile machinery to increase production of the San Juan Textiles plant located at the San Juan Innovation Park Export Processing Zone (“EPZ”) in Choloma; and (iii) to purchase sewing equipment and refurbish sewing plants in Honduras. IDB Invest Elcatex, S. de R.L. de C.V. and San Juan Textiles S. de R.L. de C.V. IDB Invest Coello Paz, Mariana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Manufacturing 25000000 25000000 25000000 Grupo Elcatex/San Juan Textiles II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13913-01 IDB Invest Gas Natural de Lima y Callao, S.A. (“Cálidda” or the “Company”) is the sole concessionaire for the pipeline distribution of natural gas (“NG”) in the Department of Lima and the Constitutional Province of Callao in Peru. This operation consists of an uncommitted revolving accounts receivable purchase line, in which the Company, based on its expertise in collections management and commercial intelligence,1 will finance its customers for the procurement of products and services such as: (i) home gas appliances (e.g., stoves, water heaters, and clothes dryers); (ii) home natural gas connections;2 (iii) energy efficient appliances (e.g., electric stoves and refrigerators) and; (iv) personal computers and other mobile computing devices (tablets, smart phones, etc.), among others (the “Project”). Gas Natural de Lima y Callao, S.A. (“Cálidda” or the “Company”) is the sole concessionaire for the pipeline distribution of natural gas (“NG”) in the Department of Lima and the Constitutional Province of Callao in Peru. This operation consists of an uncommitted revolving accounts receivable purchase line, in which the Company, based on its expertise in collections management and commercial intelligence,1 will finance its customers for the procurement of products and services such as: (i) home gas appliances (e.g., stoves, water heaters, and clothes dryers); (ii) home natural gas connections;2 (iii) energy efficient appliances (e.g., electric stoves and refrigerators) and; (iv) personal computers and other mobile computing devices (tablets, smart phones, etc.), among others (the “Project”). IDB Invest GAS NATURAL DE LIMA Y CALLAO S.A. IDB Invest Yan, Shanyue +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Energy 50000000 50000000 50000000 Cálidda Receivables Facility Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13915-01 IDB Invest 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 content marketing 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 85 are located in Latin America. Digital content marketing is 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 content marketing 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 85 are located in Latin America. Digital content marketing is 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 Rock Content IDB Invest Ramirez Fernandez, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Digital Economy 12500000 12500000 12500000 Rock Content - Long Term Financing Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13918-01 IDB Invest La Mata consists in financing the construction and development of a PV solar plant Sponsored by Solarpack. La Mata with a total aggregate installed capacity of 80 MWac, is located in the municipality of La Gloria, Department of Cesar, Colombia. The project was awarded with a 15-year PPA in the Third Long Term Contract Auction that was organized by the Colombian Mines and Energy Ministry in 2021. The project is in development stage, with secured interconnection, secured site and advanced stage of environmental approvals. IDB Invest's participation will help to supplement long-term financing for the project with participation from the United Kingdom Sustainable Infrastructure Program (UK SIP) Blended Financing Fund administered by the IDB Group, and in collaboration with a local bank, providing funds in Colombian pesos. La Mata consists in financing the construction and development of a PV solar plant Sponsored by Solarpack. La Mata with a total aggregate installed capacity of 80 MWac, is located in the municipality of La Gloria, Department of Cesar, Colombia. The project was awarded with a 15-year PPA in the Third Long Term Contract Auction that was organized by the Colombian Mines and Energy Ministry in 2021. The project is in development stage, with secured interconnection, secured site and advanced stage of environmental approvals. IDB Invest's participation will help to supplement long-term financing for the project with participation from the United Kingdom Sustainable Infrastructure Program (UK SIP) Blended Financing Fund administered by the IDB Group, and in collaboration with a local bank, providing funds in Colombian pesos. IDB Invest La Mata, S.A.S. E.S.P IDB Invest Yan, Shanyue +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Energy 15000000 15000000 15000000 La Mata Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13854-01 IDB Invest The project consists of an investment of up to US$10 million in Aqua Capital Fund III (the “Fund”), a fund with equity or equity-linked instruments positions across the value chain in the agribusiness and food industry, with a focus on sustainable and transformational businesses, and a regional geographic scope including the Americas, with at least 80% invested in LAC, and Brazil potentially representing 50% of the overall allocation. The Fund will be managed by Aqua Capital (the “Fund Manager”) and has a target size of US$400 million and a term of 10 years, with a possible extension of two years. The current pipeline includes over 30 target companies, and the focus will be of Buy&Build and growth equity investments, which is consistent with the investment strategy that made Aqua Capital a reference private equity (PE) firm for Agribusiness & Food in the region. The Fund will promote digitalization, sustainability, climate change mitigation and regional integration in the Ag & Food Industry, by combining equity investment and strategic expertise to boost portfolio companies’ local and international expansion and to increase their operational efficiency; ultimately it will also foster job creation and impact on local communities and small farmers. The project consists of an investment of up to US$10 million in Aqua Capital Fund III (the “Fund”), a fund with equity or equity-linked instruments positions across the value chain in the agribusiness and food industry, with a focus on sustainable and transformational businesses, and a regional geographic scope including the Americas, with at least 80% invested in LAC, and Brazil potentially representing 50% of the overall allocation. The Fund will be managed by Aqua Capital (the “Fund Manager”) and has a target size of US$400 million and a term of 10 years, with a possible extension of two years. The current pipeline includes over 30 target companies, and the focus will be of Buy&Build and growth equity investments, which is consistent with the investment strategy that made Aqua Capital a reference private equity (PE) firm for Agribusiness & Food in the region. The Fund will promote digitalization, sustainability, climate change mitigation and regional integration in the Ag & Food Industry, by combining equity investment and strategic expertise to boost portfolio companies’ local and international expansion and to increase their operational efficiency; ultimately it will also foster job creation and impact on local communities and small farmers. IDB Invest Aqua Capital Agribusiness Fund IDB Invest Gutierrez Gutierrez, Martha Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 10000000 10000000 10000000 Aqua Capital Fund III Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13925-01 IDB Invest The Project aims to finance micro, small and medium-sized enterprises (“MSMEs”) in Paraguay. The proposed operation contemplates a Senior Unsecured Loan for an amount of up to US$10 million (the “Loan”) to be financed by IDB Invest. The loan term is up to five years. The project will allow Finexpar to improve the offer of its financial services to its clients and diversify its sources of financing. The Project aims to finance micro, small and medium-sized enterprises (“MSMEs”) in Paraguay. The proposed operation contemplates a Senior Unsecured Loan for an amount of up to US$10 million (the “Loan”) to be financed by IDB Invest. The loan term is up to five years. The project will allow Finexpar to improve the offer of its financial services to its clients and diversify its sources of financing. IDB Invest Financiera Finexpar SAECA IDB Invest Paredes, Cristina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 10000000 10000000 10000000 Finexpar MSMEs Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13926-01 IDB Invest La presente operación consiste un en: (i) un préstamo senior en favor de ANC Car S.A. ("ANC" o la “Empresa”) para financiar la compra de aproximadamente 80 vehículos (de los cuales al menos 60 serán eléctricos) y de paneles solares con una capacidad nominal de aproximadamente 250 kWp en Costa Rica; y (ii) una facilidad no comprometida para apoyar la compra de vehículos (de los cuales el 75% serán eléctricos), proveer capital de trabajo y financiar inversiones futuras para la expansión y el reacondicionamiento de las oficinas de atención al cliente en Costa Rica y posiblemente en Guatemala (la “Transacción”). La presente operación consiste un en: (i) un préstamo senior en favor de ANC Car S.A. ("ANC" o la “Empresa”) para financiar la compra de aproximadamente 80 vehículos (de los cuales al menos 60 serán eléctricos) y de paneles solares con una capacidad nominal de aproximadamente 250 kWp en Costa Rica; y (ii) una facilidad no comprometida para apoyar la compra de vehículos (de los cuales el 75% serán eléctricos), proveer capital de trabajo y financiar inversiones futuras para la expansión y el reacondicionamiento de las oficinas de atención al cliente en Costa Rica y posiblemente en Guatemala (la “Transacción”). IDB Invest Grupo ANC IDB Invest Bazan, Paola +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Transport 5000000 5000000 5000000 ANC Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13841-01 IDB Invest The Company is dedicated to the development, production, and marketing of high value-added food products, such as: (i) vegetable oils, mainly avocado; (ii) grains and seeds such as sesame, chia, peanut and chickpea; (iii) vegetable flours and powders; (iv) prepared foods; and (v) pet food, among other diversified businesses. IDB Invest will structure a Senior Loan for up to US$50 million to finance the expansion in Mexico (within existing facilities) of the production capacity of avocado oil and other value-added goods aligned with the Company's strategy through the construction of new plants, as well as investments in improvements and the investment in renewable energy for Villa Avocado, as well as structural working capital (the “Project”). Additionally, an uncommitted tranche is included for up to US$20 million for new investments of the same nature as those described above to be completed in Mexico and other Latin American countries (Peru, Colombia, the Dominican Republic, and Guatemala). The Company is dedicated to the development, production, and marketing of high value-added food products, such as: (i) vegetable oils, mainly avocado; (ii) grains and seeds such as sesame, chia, peanut and chickpea; (iii) vegetable flours and powders; (iv) prepared foods; and (v) pet food, among other diversified businesses. IDB Invest will structure a Senior Loan for up to US$50 million to finance the expansion in Mexico (within existing facilities) of the production capacity of avocado oil and other value-added goods aligned with the Company's strategy through the construction of new plants, as well as investments in improvements and the investment in renewable energy for Villa Avocado, as well as structural working capital (the “Project”). Additionally, an uncommitted tranche is included for up to US$20 million for new investments of the same nature as those described above to be completed in Mexico and other Latin American countries (Peru, Colombia, the Dominican Republic, and Guatemala). IDB Invest Sesajal S.A. de C.V IDB Invest Narvaez, Carlos Eduardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Agribusiness 20000000 20000000 20000000 SESAJAL Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13929-01 IDB Invest The project consists of a financing in Colombian pesos (“COP”) of up to COP$640,000,000,000.00. The financing will have a tenor of five years with a bullet payment. IDB Invest may share the financing with other investors. The funds will be used to support the growth of Bancolombia’s sustainable finance portfolio and to finance its sustainability strategy. The project consists of a financing in Colombian pesos (“COP”) of up to COP$640,000,000,000.00. The financing will have a tenor of five years with a bullet payment. IDB Invest may share the financing with other investors. The funds will be used to support the growth of Bancolombia’s sustainable finance portfolio and to finance its sustainability strategy. IDB Invest BANCOLOMBIA S.A. IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 46532600 46532600 46532600 Bancolombia's Sustainability-Linked Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13932-01 IDB Invest This transaction consists of an equity investment (the “Transaction” or the “Project”) in Wonder Brands (the “Company” or “WB”), an e-commerce aggregator that acquires and optimizes small- and medium-sized enterprises (“e-SMEs”) that sell their products through digital channels in Latin America. The Transaction funds will be used to cover the Company’s operating expenses and the acquisition of new brands and to fund the working capital of its subsidiaries engaged in the purchase and sale of manufactured products. This transaction consists of an equity investment (the “Transaction” or the “Project”) in Wonder Brands (the “Company” or “WB”), an e-commerce aggregator that acquires and optimizes small- and medium-sized enterprises (“e-SMEs”) that sell their products through digital channels in Latin America. The Transaction funds will be used to cover the Company’s operating expenses and the acquisition of new brands and to fund the working capital of its subsidiaries engaged in the purchase and sale of manufactured products. IDB Invest Wonder Brands Intermediate LLC IDB Invest Navarro Barrero, Maria Paula +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Digital Economy 5000000 5000000 5000000 Wonder Brands - Series A Round Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13935-01 IDB Invest Bioenergética Aroeira S.A. (“Aroeira”) is seeking to increase the sugarcane crushing capacity of the economic group it belongs to from 3 million to 4 million tons to scale-up its sugar and ethanol outputs, and both its sugarcane supply and warehousing accordingly. As a subset of the planned investments, the Project will also increase Aroeira’s capacity to co-generate electricity by 40MWh through the burning of the greater volume of residual biomass (sugarcane bagasse), being the surpluses of electricity sold to the market. The proposed financing consists of a long-term loan of up to R$250 million, with a tenor of 8 years, and 30 months of grace period included for payments of principal only. ADDENDUM: August 15, 2022 – A change was made in the Amount of financing requested for up to R$250 million, reduced to up to R$244 million. Bioenergética Aroeira S.A. (“Aroeira”) is seeking to increase the sugarcane crushing capacity of the economic group it belongs to from 3 million to 4 million tons to scale-up its sugar and ethanol outputs, and both its sugarcane supply and warehousing accordingly. As a subset of the planned investments, the Project will also increase Aroeira’s capacity to co-generate electricity by 40MWh through the burning of the greater volume of residual biomass (sugarcane bagasse), being the surpluses of electricity sold to the market. The proposed financing consists of a long-term loan of up to R$250 million, with a tenor of 8 years, and 30 months of grace period included for payments of principal only. ADDENDUM: August 15, 2022 – A change was made in the Amount of financing requested for up to R$250 million, reduced to up to R$244 million. IDB Invest Aroeira Bioenergetica IDB Invest Guedes Kafrune, Maher Alexandre +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Agribusiness 8166670 8166670 8166670 Aroeira Bioenergetica - Long Term Loan Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13868-01 IDB Invest The Santana – Mocoa – Neiva corridor (the “Project”) is part of the fourth-generation (“4G”) concessions program headed by the Colombian government through its National Infrastructure Agency (“ANI”). The Project considers the financing, construction, upgrading, refurbishment, and maintenance of a 456-kmlong highway connecting the towns of Santana and Mocoa, located in the southeast part of the Putumayo Department, with the city of Neiva, situated in the Huila Department, Colombia. The original concession contract was awarded in 2015 to Concesionaria Aliadas para el Progreso S.A.S., a legal entity comprising the companies Controladora de Operaciones de Infraestructura S.A. de CV (35%), Cass Constructores y Cia. (20%), Carlos Alberto Solarte Solarte (20%), Estyma (10%), Latinoamericana de Construcciones (10%) and Alca Ingeniería (5%). However, due to various problems that prevented the companies from executing the scope of the contract, the concession was assigned in mid-2021 to the vehicle Concesionaria Ruta al Sur S.A.S. (the "Concessionaire"), 70% owned by Rodovías Colombia S.A.S. (an affiliate of Patria Investments) and 30% by MC Victorias Tempranas S.A.S. (owned by Mercantil Colpatria). The contract assignment provides for a 12-month normalization period prior to the construction start date set for July 2022. It should be noted that the contract considers a 25-year duration with a possible 4-year extension. For construction purposes, the Project has been divided into seven sections or functional units (“UFs”, for is acronym in Spanish), each with a 36-month construction term: UF1 Neiva – Campoalegre, 21.9 km long and which includes the construction of a second lane and the refurbishment of the existing lane; UF2 Campoalegre – Gigante, 65.0 km long and which includes the refurbishment and upgrade of the current road and construction of two variants; UF3 Gigante – Garzón, 35.6 km long and which includes the refurbishment of the current highway and construction of the Gigante variant; UF4 Garzón - Pitalito - San Agustín, 109.2 km long and which includes the refurbishment and upgrade of the current highway and construction of the Timaná variant; UF5 Pitalito - San Juan de Villalobos, comprising the refurbishment of all 60.7 km of the current highway; UF6 San Juan de Villalobos – Mocoa, 76.1 km long and which includes the refurbishment of the current highway and construction of the Mocoa variant; and UF7 Mocoa – Santana, 78.5 km long and which includes the refurbishment and upgrade of the current highway, the construction of two variants, and the refurbishment of the Santana – Puerto Asís section, 9.2 km long (quality factor). Thus, in total, the Project entails refurbishing 357 km of existing roadways, upgrading 37 km of the current highway, and building 47 km of new lanes. The Santana – Mocoa – Neiva corridor (the “Project”) is part of the fourth-generation (“4G”) concessions program headed by the Colombian government through its National Infrastructure Agency (“ANI”). The Project considers the financing, construction, upgrading, refurbishment, and maintenance of a 456-kmlong highway connecting the towns of Santana and Mocoa, located in the southeast part of the Putumayo Department, with the city of Neiva, situated in the Huila Department, Colombia. The original concession contract was awarded in 2015 to Concesionaria Aliadas para el Progreso S.A.S., a legal entity comprising the companies Controladora de Operaciones de Infraestructura S.A. de CV (35%), Cass Constructores y Cia. (20%), Carlos Alberto Solarte Solarte (20%), Estyma (10%), Latinoamericana de Construcciones (10%) and Alca Ingeniería (5%). However, due to various problems that prevented the companies from executing the scope of the contract, the concession was assigned in mid-2021 to the vehicle Concesionaria Ruta al Sur S.A.S. (the "Concessionaire"), 70% owned by Rodovías Colombia S.A.S. (an affiliate of Patria Investments) and 30% by MC Victorias Tempranas S.A.S. (owned by Mercantil Colpatria). The contract assignment provides for a 12-month normalization period prior to the construction start date set for July 2022. It should be noted that the contract considers a 25-year duration with a possible 4-year extension. For construction purposes, the Project has been divided into seven sections or functional units (“UFs”, for is acronym in Spanish), each with a 36-month construction term: UF1 Neiva – Campoalegre, 21.9 km long and which includes the construction of a second lane and the refurbishment of the existing lane; UF2 Campoalegre – Gigante, 65.0 km long and which includes the refurbishment and upgrade of the current road and construction of two variants; UF3 Gigante – Garzón, 35.6 km long and which includes the refurbishment of the current highway and construction of the Gigante variant; UF4 Garzón - Pitalito - San Agustín, 109.2 km long and which includes the refurbishment and upgrade of the current highway and construction of the Timaná variant; UF5 Pitalito - San Juan de Villalobos, comprising the refurbishment of all 60.7 km of the current highway; UF6 San Juan de Villalobos – Mocoa, 76.1 km long and which includes the refurbishment of the current highway and construction of the Mocoa variant; and UF7 Mocoa – Santana, 78.5 km long and which includes the refurbishment and upgrade of the current highway, the construction of two variants, and the refurbishment of the Santana – Puerto Asís section, 9.2 km long (quality factor). Thus, in total, the Project entails refurbishing 357 km of existing roadways, upgrading 37 km of the current highway, and building 47 km of new lanes. IDB Invest Ruta al Sur IDB Invest Triana Correa, Maria Paula +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Transport 125000000 125000000 125000000 Ruta al Sur Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13880-01 IDB Invest This operation consists of a total financing of up to US$51.6 million with a term of up to 14 years to Proyecto Ventanilla S.A.C. (“Almacenes del Norte”). Proyecto Ventanilla S.A.C., a special purpose company established in Peru (the “Client”), was incorporated to build and operate the Almacenes del Norte logistics park, located in the district of Ventanilla, Constitutional Province of Callao, Peru (the "Project"). The Project is located 20 km north of Jorge Chavez International Airport, 25 km from the Port of Callao and 40 km from the future Port of Chancay. The logistics warehouses will be developed on a total area of 504,220 m2 and a leasable area of 288,044 m2 (57% of the total). Construction began in 2022 (currently the earthworks phase is almost complete), and will be completed in 2027, with four types of warehouses: i) small, with areas of 150 m2; ii) medium, with areas between 200 and 400 m2; iii) large, with areas between 3,000 and 6,000 m2; and iv) “Build To Suit”, with areas greater than 10,000 m2. This operation consists of a total financing of up to US$51.6 million with a term of up to 14 years to Proyecto Ventanilla S.A.C. (“Almacenes del Norte”). Proyecto Ventanilla S.A.C., a special purpose company established in Peru (the “Client”), was incorporated to build and operate the Almacenes del Norte logistics park, located in the district of Ventanilla, Constitutional Province of Callao, Peru (the "Project"). The Project is located 20 km north of Jorge Chavez International Airport, 25 km from the Port of Callao and 40 km from the future Port of Chancay. The logistics warehouses will be developed on a total area of 504,220 m2 and a leasable area of 288,044 m2 (57% of the total). Construction began in 2022 (currently the earthworks phase is almost complete), and will be completed in 2027, with four types of warehouses: i) small, with areas of 150 m2; ii) medium, with areas between 200 and 400 m2; iii) large, with areas between 3,000 and 6,000 m2; and iv) “Build To Suit”, with areas greater than 10,000 m2. IDB Invest Proyecto Ventanilla S.A.C. IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Manufacturing 50000000 50000000 50000000 Almacenes del Norte Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13943-01 IDB Invest The project consists of supporting Cooperativa de Ahorro y Crédito Jardín Azuayo Ltda ("CJA"), in the first Senior Social Bond of Diversity and Inclusion in Ecuador and the region. The total amount of the Bond is up to US$20 million with a four-year term. IDB Invest will act as anchor investor with a subscription for a total amount of up to US$10 million. Other potential investors will participate with up to US$10 million. The proceeds of the Bond will be aimed at expanding the financing to micro, small and medium-sized enterprises (“MSMEs”) led by and/or owned by indigenous people, migrants, women, low-income people and/or people with low levels of education. Additionally, a technical advisory will be provided to: (i) better assess credit decisions towards women and under-represented groups by developing alternative credit scorings such as psychometric tools; (ii) to strengthen the gender and diversity impact measurement and reporting by improving their data collection systems; and (iii) design the conceptual framework of the Social Bond and finance the second party opinion (“SPO”). The project consists of supporting Cooperativa de Ahorro y Crédito Jardín Azuayo Ltda ("CJA"), in the first Senior Social Bond of Diversity and Inclusion in Ecuador and the region. The total amount of the Bond is up to US$20 million with a four-year term. IDB Invest will act as anchor investor with a subscription for a total amount of up to US$10 million. Other potential investors will participate with up to US$10 million. The proceeds of the Bond will be aimed at expanding the financing to micro, small and medium-sized enterprises (“MSMEs”) led by and/or owned by indigenous people, migrants, women, low-income people and/or people with low levels of education. Additionally, a technical advisory will be provided to: (i) better assess credit decisions towards women and under-represented groups by developing alternative credit scorings such as psychometric tools; (ii) to strengthen the gender and diversity impact measurement and reporting by improving their data collection systems; and (iii) design the conceptual framework of the Social Bond and finance the second party opinion (“SPO”). IDB Invest Cooperativa de Ahorro y Crédito Jardín Azuayo Ltda. IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 20000000 20000000 20000000 Social Bond of Diversity and Inclusion - Cooperativa Jardín Azuayo Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13865-01 IDB Invest The Project consists in providing support to Banco de Occidente S.A. (the “Bank” or “Banco de Occidente”) so that it may strengthen its capital through a subordinated loan for a total amount of up to US$100 million, made up as follows: (i) a subordinated loan in the amount of up to US$70 million to be financed by IDB Invest; and (ii) a parallel subordinated loan in the amount of up to US$30 million to be financed by a co-lender. The term of the financing will be up to 10 years. The loan will be used to finance Small and Medium-Sized Enterprises ("SMEs"). In addition, IDB Invest will provide Banco de Occidente S.A., technical advisory services to strengthen the sustainable financing strategy for its social portfolio, focused on SMEs, and the green portfolio or blue economy. The Project consists in providing support to Banco de Occidente S.A. (the “Bank” or “Banco de Occidente”) so that it may strengthen its capital through a subordinated loan for a total amount of up to US$100 million, made up as follows: (i) a subordinated loan in the amount of up to US$70 million to be financed by IDB Invest; and (ii) a parallel subordinated loan in the amount of up to US$30 million to be financed by a co-lender. The term of the financing will be up to 10 years. The loan will be used to finance Small and Medium-Sized Enterprises ("SMEs"). In addition, IDB Invest will provide Banco de Occidente S.A., technical advisory services to strengthen the sustainable financing strategy for its social portfolio, focused on SMEs, and the green portfolio or blue economy. IDB Invest Banco de Occidente S.A. IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 70000000 70000000 70000000 Banco de Occidente - Subordinated Loan Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13945-01 IDB Invest Procsa is a family-owned company founded in 1960, whose main activity is the development, promotion, design, construction, and marketing of housing spaces in Mexico City (vertical housing) and the State of Mexico (horizontal housing). The transaction is intended to finance land acquisition, refinance debt, and provide working capital for the development, construction, and marketing of vertical and horizontal housing (the “Project” or the "Transaction") in Mexico City and the State of Mexico. Procsa is a family-owned company founded in 1960, whose main activity is the development, promotion, design, construction, and marketing of housing spaces in Mexico City (vertical housing) and the State of Mexico (horizontal housing). The transaction is intended to finance land acquisition, refinance debt, and provide working capital for the development, construction, and marketing of vertical and horizontal housing (the “Project” or the "Transaction") in Mexico City and the State of Mexico. IDB Invest Promotora Procsa, S.A.P.I. de C.V., La Casa Espacio Inmobiliario, S.A. de C.V., Casas Procsa, S.A. de C.V., and Servicios Integrales Procsa, S.A.P.I. de C.V. IDB Invest Aguirre Hernandez, Alma Iliana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 18271300 18271300 18271300 Procsa III Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13959-01 IDB Invest This operation (the “Project”) consists of total financing of up to US$20 million with a tenor of up to seven years for the company Royal América in Chile and Colombia. Of this total, US$15 million will be granted to Arrendamiento de Máquinas Royal Rental S.A. in Chile and US$5 to Royal Rental Colombia S.A.S. in Colombia. In both cases, the funds will be used mainly for the import of electrical equipment for subsequent lease or sale. Royal América is a regional group dedicated to the leasing of electrical machinery used in distribution centers and for the movement of industrial cargo, with more than 20 years of experience and operations in Chile, Colombia, and Ecuador. Through this Project, IDB Invest will be able to contribute to the development of green mobility in the logistics sector in Chile and Colombia, with an impact on sectors as: food, retail, agriculture, and industry, among others. This operation (the “Project”) consists of total financing of up to US$20 million with a tenor of up to seven years for the company Royal América in Chile and Colombia. Of this total, US$15 million will be granted to Arrendamiento de Máquinas Royal Rental S.A. in Chile and US$5 to Royal Rental Colombia S.A.S. in Colombia. In both cases, the funds will be used mainly for the import of electrical equipment for subsequent lease or sale. Royal América is a regional group dedicated to the leasing of electrical machinery used in distribution centers and for the movement of industrial cargo, with more than 20 years of experience and operations in Chile, Colombia, and Ecuador. Through this Project, IDB Invest will be able to contribute to the development of green mobility in the logistics sector in Chile and Colombia, with an impact on sectors as: food, retail, agriculture, and industry, among others. IDB Invest Arrendamiento de Máquinas Royal Rental S.A. (Chile) and Royal Rental Colombia S.A.S. (Colombia) IDB Invest Guerra Diaz, Rocio Trinidad +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Manufacturing 20000000 20000000 20000000 Royal America Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13958-01 IDB Invest The Project consists of a subordinated unsecured loan to be granted to Banco Agrícola S.A. (the “Borrower” or the “Bank”) for up to US$70 million with a repayment term of 10 years including five years of grace. The loan will be used to support the expansion of the small- and medium-sized enterprise (SME), women-led SME and green portfolios of Banco Agrícola. By growing the portfolios, the Project aims at contributing to improve the overall access to financing of such segments in El Salvador. To achieve this, we are seeking to strengthen Banco Agrícola’s capital base and thus supporting the Bank’s portfolio growth strategy, which includes the target segments. In addition, the financial support is expected to be completed with technical assistance to improve the Bank’s abilities and knowledge in serving the women-led SME segment. The Project consists of a subordinated unsecured loan to be granted to Banco Agrícola S.A. (the “Borrower” or the “Bank”) for up to US$70 million with a repayment term of 10 years including five years of grace. The loan will be used to support the expansion of the small- and medium-sized enterprise (SME), women-led SME and green portfolios of Banco Agrícola. By growing the portfolios, the Project aims at contributing to improve the overall access to financing of such segments in El Salvador. To achieve this, we are seeking to strengthen Banco Agrícola’s capital base and thus supporting the Bank’s portfolio growth strategy, which includes the target segments. In addition, the financial support is expected to be completed with technical assistance to improve the Bank’s abilities and knowledge in serving the women-led SME segment. IDB Invest BANCO AGRICOLA, S.A. IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions 70000000 70000000 70000000 Banco Agrícola - Subordinated Debt for SMEs in El Salvador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13960-01 IDB Invest The proposed investment consists of a Revolving Line for the Purchase of Accounts Receivable through which IDB Invest will purchase Cable and Wireless Panamá S.A. ("CWP") at a discount (to market price) with and/or without recourse, a full or proportional part of the eligible accounts receivable, including invoices, PPAs (Partial Payment Accounts) or CNOs (Certificates of No Objection) to be paid by the corresponding debtor. An Accounts Receivable Purchase Agreement with the Seller will establish the legal framework and mechanism for the sale, assignment and transfer of the Eligible Accounts Receivable issued and accepted in accordance with the agreement signed between the Seller and the debtor. CWP, a subsidiary of Cable & Wireless Communications Limited and Cable & Wireless CALA Holding Limited (owned by Liberty Latin America Ltd.), provides fixed, mobile and broadband telephony services, pay television, corporate and business services with state-of-the-art technology, as well as solutions and applications from various fields such as health, education, citizen security and digital government. The market for communications platform services has been driven by an increase in the use of smartphones, as these technologies tend to be cheaper and therefore more accessible to the population. This service is reshaping the way many businesses are viewing communications. The purpose of the transaction is to provide liquidity to the Company that will be invested in the deployment of telecommunications infrastructure, as well as in the delivery of broadband. These efforts are expected to contribute to closing the digital divide that requires a coordinated effort between government, regulators, regional and international organizations, and the private sector. The proposed investment consists of a Revolving Line for the Purchase of Accounts Receivable through which IDB Invest will purchase Cable and Wireless Panamá S.A. ("CWP") at a discount (to market price) with and/or without recourse, a full or proportional part of the eligible accounts receivable, including invoices, PPAs (Partial Payment Accounts) or CNOs (Certificates of No Objection) to be paid by the corresponding debtor. An Accounts Receivable Purchase Agreement with the Seller will establish the legal framework and mechanism for the sale, assignment and transfer of the Eligible Accounts Receivable issued and accepted in accordance with the agreement signed between the Seller and the debtor. CWP, a subsidiary of Cable & Wireless Communications Limited and Cable & Wireless CALA Holding Limited (owned by Liberty Latin America Ltd.), provides fixed, mobile and broadband telephony services, pay television, corporate and business services with state-of-the-art technology, as well as solutions and applications from various fields such as health, education, citizen security and digital government. The market for communications platform services has been driven by an increase in the use of smartphones, as these technologies tend to be cheaper and therefore more accessible to the population. This service is reshaping the way many businesses are viewing communications. The purpose of the transaction is to provide liquidity to the Company that will be invested in the deployment of telecommunications infrastructure, as well as in the delivery of broadband. These efforts are expected to contribute to closing the digital divide that requires a coordinated effort between government, regulators, regional and international organizations, and the private sector. IDB Invest Cable and Wireless Panama S.A. IDB Invest Cabanas Britos, Edgar +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Digital Economy 108000000 108000000 108000000 Cable & Wireless Receivables Facility Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13976-01 IDB Invest The Project objective is to increase the access to Climate Finance solutions to mid-market companies in Latin America and the Caribbean ("LAC") through the provision of tailored long-term growth financing solutions for climate investments to mitigate and adapt to Climate Change impacts across the region. The Project consists of an IDB Invest investment of up to US$50 million in the DIC Latin American Fund IV, L.P. (“LAC Green Debt Fund” or the “Fund”), the first private credit climate finance fund in LAC. The Fund will be managed by Darby International Capital (“Darby” or the “Manager”), an independent investing firm, founded in 2020 as a result of the team spinning-off from Franking Templeton’s private debt arm, focused on private credit solutions for mid-market companies across LAC. Darby’s management team is led by Richard H. Frank Jr. and Ignacio Aicardi, both seasoned investors and former heads of Franklin Templeton private credit strategy in LAC. With a target size of US$450 million, the Fund’s investment strategy is built around providing tailored credit solutions to around 10-12 mid-market companies (with EBITDAs of US$5 million-US$20 million), consisting mainly in senior secured loans with equity kickers (i.e., warrants, income participation, among others). The Fund will be focused on financially sound companies with natural currency hedges, proven management track records, moderate operating and financial risk profiles, and strong competitive positions within their respective sectors, but lacking adequate financing for its business model and expansion plans. The Fund will invest at least 30% of the portfolio in climate investments, with an aspirational target of 50%. The Fund will have a five-year investment period and a total life of 10 years, with the possibility of two one-year extensions. The Fund can play a key role in developing tailored Climate Finance solutions for mid-market companies across LAC’s private credit market to support sustainable economic growth while mobilizing local and international investors’ capital towards the advancement of the Climate Finance agenda in the region. The Project objective is to increase the access to Climate Finance solutions to mid-market companies in Latin America and the Caribbean ("LAC") through the provision of tailored long-term growth financing solutions for climate investments to mitigate and adapt to Climate Change impacts across the region. The Project consists of an IDB Invest investment of up to US$50 million in the DIC Latin American Fund IV, L.P. (“LAC Green Debt Fund” or the “Fund”), the first private credit climate finance fund in LAC. The Fund will be managed by Darby International Capital (“Darby” or the “Manager”), an independent investing firm, founded in 2020 as a result of the team spinning-off from Franking Templeton’s private debt arm, focused on private credit solutions for mid-market companies across LAC. Darby’s management team is led by Richard H. Frank Jr. and Ignacio Aicardi, both seasoned investors and former heads of Franklin Templeton private credit strategy in LAC. With a target size of US$450 million, the Fund’s investment strategy is built around providing tailored credit solutions to around 10-12 mid-market companies (with EBITDAs of US$5 million-US$20 million), consisting mainly in senior secured loans with equity kickers (i.e., warrants, income participation, among others). The Fund will be focused on financially sound companies with natural currency hedges, proven management track records, moderate operating and financial risk profiles, and strong competitive positions within their respective sectors, but lacking adequate financing for its business model and expansion plans. The Fund will invest at least 30% of the portfolio in climate investments, with an aspirational target of 50%. The Fund will have a five-year investment period and a total life of 10 years, with the possibility of two one-year extensions. The Fund can play a key role in developing tailored Climate Finance solutions for mid-market companies across LAC’s private credit market to support sustainable economic growth while mobilizing local and international investors’ capital towards the advancement of the Climate Finance agenda in the region. IDB Invest DIC Latin American Fund IV, L.P. IDB Invest Gutierrez Gutierrez, Martha Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 50000000 50000000 50000000 LAC Green Debt Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13986-01 IDB Invest The proposed operation contemplates a Senior Secured Loan of up to US$13 million (the "Loan") to be financed by BID Invest. The term of the Loan is two years, renewable two times more for periods of up to two years as well, at the discretion of BID Invest. Loan funds will be used to finance Micro, Small and Medium-Sized Enterprises ("MSMEs") through factoring operations. Additionally, advisory services are being designed to support the transaction in terms of corporate governance. The proposed operation contemplates a Senior Secured Loan of up to US$13 million (the "Loan") to be financed by BID Invest. The term of the Loan is two years, renewable two times more for periods of up to two years as well, at the discretion of BID Invest. Loan funds will be used to finance Micro, Small and Medium-Sized Enterprises ("MSMEs") through factoring operations. Additionally, advisory services are being designed to support the transaction in terms of corporate governance. IDB Invest Cordada SpA IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 15000000 15000000 15000000 Cordada MSME Productive Development Partnership Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13988-01 IDB Invest Habi, a Colombian and Mexican PropTech company, is building the digital infrastructure for an efficient residential real estate market in Latin America. Currently, Habi operates in more than 15 cities in Mexico and Colombia, purchasing and selling residential properties through its data-driven online platform which aims to improve transparency, speed, access to liquidity and trust for low- and middle-income consumers in the housing sector. IDB Invest considers providing a senior asset-backed revolving credit facility in Mexican pesos to a special purpose vehicle to be incorporated in Mexico (the “Borrower”) for up to Mex$1,000,000,000 (the “Financing”). The Financing will be used to originate and accumulate in the Borrower eligible assets in order to support Habi’s expansion in Mexico. Habi, a Colombian and Mexican PropTech company, is building the digital infrastructure for an efficient residential real estate market in Latin America. Currently, Habi operates in more than 15 cities in Mexico and Colombia, purchasing and selling residential properties through its data-driven online platform which aims to improve transparency, speed, access to liquidity and trust for low- and middle-income consumers in the housing sector. IDB Invest considers providing a senior asset-backed revolving credit facility in Mexican pesos to a special purpose vehicle to be incorporated in Mexico (the “Borrower”) for up to Mex$1,000,000,000 (the “Financing”). The Financing will be used to originate and accumulate in the Borrower eligible assets in order to support Habi’s expansion in Mexico. IDB Invest Corporativo MCNMéxico, S. de R.L. de C.V. (“Habi”) IDB Invest Domenech Pina, Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Digital Economy 15000000 15000000 15000000 Habi - Structured Loan Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13990-01 IDB Invest The proposed investment consists of a potential transaction with Cabletica S.A. comprised of: (i) a Senior Loan for up to US$50 million (“Loan A”); and (ii) a Senior Loan for up to US$450 million (“Loan B”), the proceeds of which would be used to finance projects that include a sustainable and/or social component related to investments in mobile infrastructure, refinance certain financial obligations, working capital and general corporate purposes. The objective of the transaction is to support the deployment of telecommunications infrastructure, achieving greater digital access and broadband quality in Costa Rica, allowing Cabletica to expand its subscriber base in the medium term. Additionally, part of the proceeds from the transaction will be used to refinance existing debt so that it is aligned with Cabletica's long-term strategic integration plans. The proposed investment consists of a potential transaction with Cabletica S.A. comprised of: (i) a Senior Loan for up to US$50 million (“Loan A”); and (ii) a Senior Loan for up to US$450 million (“Loan B”), the proceeds of which would be used to finance projects that include a sustainable and/or social component related to investments in mobile infrastructure, refinance certain financial obligations, working capital and general corporate purposes. The objective of the transaction is to support the deployment of telecommunications infrastructure, achieving greater digital access and broadband quality in Costa Rica, allowing Cabletica to expand its subscriber base in the medium term. Additionally, part of the proceeds from the transaction will be used to refinance existing debt so that it is aligned with Cabletica's long-term strategic integration plans. IDB Invest Cabletica S.A. IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Digital Economy 50000000 50000000 50000000 Project Oban B-Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13992-01 IDB Invest The transaction consists of financing Vital Capital Environment, LTD (VCE or the “Company”) for the rehabilitation, operation, and maintenance of 8 drinking water treatment plants owned by the National Aqueduct and Sewer Institute (IDAAN) located in the East and West of the Province of Chiriquí in Panama, for a contractual period of 48 months. The Project seeks to improve the quality and reduce deficiencies in the supply of drinking water to the communities located in the service areas of each of the water treatment plants, benefiting around 450 thousand people. The transaction consists of financing Vital Capital Environment, LTD (VCE or the “Company”) for the rehabilitation, operation, and maintenance of 8 drinking water treatment plants owned by the National Aqueduct and Sewer Institute (IDAAN) located in the East and West of the Province of Chiriquí in Panama, for a contractual period of 48 months. The Project seeks to improve the quality and reduce deficiencies in the supply of drinking water to the communities located in the service areas of each of the water treatment plants, benefiting around 450 thousand people. IDB Invest Vital Capital Enviroment LTD IDB Invest Monje, Marco +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Water and Sanitation 35000000 35000000 35000000 Vital Water Supply Facility Panama Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13993-01 IDB Invest The project consists of providing support to Finanzauto S.A. BIC through a syndicated senior loan for a total amount of up to US$60 million, comprised of: (i) a senior A loan for an amount in COP for the equivalent of up to US$25 million financed by IDB Invest; and (ii) a senior B loan for an amount of up to US$35 million to be financed through the sale of shares to private banks. The loan will have a term of up to five years. The loan proceeds will be used to support the growth of the loan portfolio in: (i) micro, small and medium-sized enterprises in various economic sectors that acquire a vehicle as a productive asset to develop their economic activity; and (ii) the credit portfolio to finance electric and plug-in hybrid vehicles. The project consists of providing support to Finanzauto S.A. BIC through a syndicated senior loan for a total amount of up to US$60 million, comprised of: (i) a senior A loan for an amount in COP for the equivalent of up to US$25 million financed by IDB Invest; and (ii) a senior B loan for an amount of up to US$35 million to be financed through the sale of shares to private banks. The loan will have a term of up to five years. The loan proceeds will be used to support the growth of the loan portfolio in: (i) micro, small and medium-sized enterprises in various economic sectors that acquire a vehicle as a productive asset to develop their economic activity; and (ii) the credit portfolio to finance electric and plug-in hybrid vehicles. IDB Invest FINANZAUTO S.A. BIC IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 15000000 15000000 15000000 Finanzauto S.A. BIC A/B Loan for productive financing to MSMEs Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14003-01 IDB Invest The Project consists of a Term Loan to Fondo BPS S.A., a special purpose vehicle established in Panama (the “Company”), and its shareholder BPS General Partner Corp. (the ”Sponsor”), with the purpose of executing construction, operation, and maintenance of a private 31 km toll motorway from km 142.6 CA-2 Occidente road, San Antonio Suchitepéquez Municipality, to km 172.5 CA-2 Occidente road, San Andrés Villa Seca Municipality, in Guatemala (the “Project’). The expected useful life of the asset is 40 years and is expected to be completed in approximately two years.In addition, IDB Invest will seek to mobilize blended finance funds which will be critical to support the sponsor in the implementation of i) climate change adaptation and resilience infrastructure and ii) gender labor programs. The Project consists of a Term Loan to Fondo BPS S.A., a special purpose vehicle established in Panama (the “Company”), and its shareholder BPS General Partner Corp. (the ”Sponsor”), with the purpose of executing construction, operation, and maintenance of a private 31 km toll motorway from km 142.6 CA-2 Occidente road, San Antonio Suchitepéquez Municipality, to km 172.5 CA-2 Occidente road, San Andrés Villa Seca Municipality, in Guatemala (the “Project’). The expected useful life of the asset is 40 years and is expected to be completed in approximately two years.In addition, IDB Invest will seek to mobilize blended finance funds which will be critical to support the sponsor in the implementation of i) climate change adaptation and resilience infrastructure and ii) gender labor programs. IDB Invest Fondo BPS S.A. IDB Invest Giron Rohr, Alexandra +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Transport 55000000 55000000 55000000 Xochi: Flower Road Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14002-01 IDB Invest This transaction consists of a long-term facility in favor of Grupo Fondería S.A. de C.V. ("Fondería" or the "Company"), engaged in the manufacture of steel products from recycled scrap. The Company has four production plants, all located in the SLP industrial zone, Mexico. The facility will be used to finance the construction of a steel mill that will manufacture steel slabs from recycled scrap. This transaction consists of a long-term facility in favor of Grupo Fondería S.A. de C.V. ("Fondería" or the "Company"), engaged in the manufacture of steel products from recycled scrap. The Company has four production plants, all located in the SLP industrial zone, Mexico. The facility will be used to finance the construction of a steel mill that will manufacture steel slabs from recycled scrap. IDB Invest Grupo Fondería S.A. de C.V. IDB Invest Aguirre Hernandez, Alma Iliana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 88168400 88168400 88168400 Fondería Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14001-01 IDB Invest This transaction (the “Project”) consists in providing full financing in the amount of up to USD 20 million for a term of up to 7 years to Equirent Vehículos y Maquinarias S.A.S. BIC (“Equirent”). IDB Invest’s tranche will be of up to USD 10 million, being USD 5 million committed and USD 5 million uncommitted. In addition, it will include a USD 10 million tranche to be mobilized with resources from other financiers. The use of funds in both tranches will be aimed at financing pluggable hybrid electric vehicles and electric vehicles for the subsequent lease thereof to companies and persons in Colombia. Equirent is a company regulated and supervised by the Colombian Business Associations Regulatory Agency (Superintendencia de Sociedades) with more than 29 years in the auto market specialized in the operating lease of vehicles and machinery, and consolidating the knowledge and experience of all the companies which make up the Seissa organization in the integral renting business. Through the Project, IDB Invest will be able to contribute to the development of e-mobility in Colombia. This transaction (the “Project”) consists in providing full financing in the amount of up to USD 20 million for a term of up to 7 years to Equirent Vehículos y Maquinarias S.A.S. BIC (“Equirent”). IDB Invest’s tranche will be of up to USD 10 million, being USD 5 million committed and USD 5 million uncommitted. In addition, it will include a USD 10 million tranche to be mobilized with resources from other financiers. The use of funds in both tranches will be aimed at financing pluggable hybrid electric vehicles and electric vehicles for the subsequent lease thereof to companies and persons in Colombia. Equirent is a company regulated and supervised by the Colombian Business Associations Regulatory Agency (Superintendencia de Sociedades) with more than 29 years in the auto market specialized in the operating lease of vehicles and machinery, and consolidating the knowledge and experience of all the companies which make up the Seissa organization in the integral renting business. Through the Project, IDB Invest will be able to contribute to the development of e-mobility in Colombia. IDB Invest Equirent Vehículos y Maquinarias S.A.S. BIC IDB Invest Bauer Landivar, Luis Alberto +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Manufacturing 10000000 10000000 10000000 Equirent Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14014-01 IDB Invest IDB Invest is considering an investment of up to US$5 million in Trendier Latam S.L. ("GoTrendier"). GoTrendier is the largest company for the purchase and sale of second-hand women's clothing, bags, shoes and accessories in Latin America, through a digital platform that allows users to market their products with other users. The Company was founded in Mexico in 2016, and expanded to Colombia in 2017. The capital investment seeks to support the acquisition of clients and the implementation of a brand association model, where third-party clothing brands will be able to sell clothing second-hand through the GoTrendier platform. IDB Invest is considering an investment of up to US$5 million in Trendier Latam S.L. ("GoTrendier"). GoTrendier is the largest company for the purchase and sale of second-hand women's clothing, bags, shoes and accessories in Latin America, through a digital platform that allows users to market their products with other users. The Company was founded in Mexico in 2016, and expanded to Colombia in 2017. The capital investment seeks to support the acquisition of clients and the implementation of a brand association model, where third-party clothing brands will be able to sell clothing second-hand through the GoTrendier platform. IDB Invest Trendier Latam, S.L. IDB Invest Da Cruz Carneiro, Bruno +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Digital Economy 5000000 5000000 5000000 GoTrendier Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14015-01 IDB Invest The project consists of supporting Banco Solidario in the issuance of a Social Bond of Gender and Inclusion for an amount of up to US$30 million. IDB Invest will act as investor with a subscription for a total amount of up to US$20 million. Another potential investor will participate with up to US$10 million. The proceeds of the Bond will be aimed at expanding the financing to: (i) women; (ii) silver economy; (iii) migrants; and (iv) unbanked microentrepreneurs increasing their productive investments and economic development. Additionally, technical advisory will be provided to: (i) strengthen its value offer of non-financial and financial products and services; and (ii) design the conceptual framework of the bond issue, and a second party opinion will be included, pursuant to the Sustainable Development Goals (“SDGs”). The project consists of supporting Banco Solidario in the issuance of a Social Bond of Gender and Inclusion for an amount of up to US$30 million. IDB Invest will act as investor with a subscription for a total amount of up to US$20 million. Another potential investor will participate with up to US$10 million. The proceeds of the Bond will be aimed at expanding the financing to: (i) women; (ii) silver economy; (iii) migrants; and (iv) unbanked microentrepreneurs increasing their productive investments and economic development. Additionally, technical advisory will be provided to: (i) strengthen its value offer of non-financial and financial products and services; and (ii) design the conceptual framework of the bond issue, and a second party opinion will be included, pursuant to the Sustainable Development Goals (“SDGs”). IDB Invest Banco Solidario S.A. IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 30000000 30000000 30000000 Social Bond of Gender and Inclusion - Banco Solidario Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14022-01 IDB Invest The proposed transaction consists of a regional, revolving and uncommitted line of credit for an amount of up to US$20 million, under which IDB Invest would make disbursements in differentiated terms to purchase agricultural inputs from eligible supplier(s) (the “Facility”) of Agrovision Corp. (“Agrovision” or the “Company”), specially structured to cover the cash conversion cycle of blueberry production and marketing in Mexico and Peru. The purpose of the transaction is to strengthen the links in its value chain, which will allow the Company to increase blueberry exports. The proposed transaction consists of a regional, revolving and uncommitted line of credit for an amount of up to US$20 million, under which IDB Invest would make disbursements in differentiated terms to purchase agricultural inputs from eligible supplier(s) (the “Facility”) of Agrovision Corp. (“Agrovision” or the “Company”), specially structured to cover the cash conversion cycle of blueberry production and marketing in Mexico and Peru. The purpose of the transaction is to strengthen the links in its value chain, which will allow the Company to increase blueberry exports. IDB Invest Agrovision Corp. IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Agribusiness 20000000 20000000 20000000 Agrovision Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14017-01 IDB Invest The new Valle del Cauca Road Network – Cali and Palmira Access Roads (the “Project” or the “Rutas del Valle”) is the first project granted under the fifth generation concessions program led by the Government of Colombia through the National Infrastructure Agency (Agencia Nacional de Infraestructura, “ANI)”. The Project, mainly aimed at improving the road network around the cities of Cali and Palmira, was granted in May 2021 to Sociedad Concesionaria Rutas del Valle S.A.S. (the “Concessionaire”), formed by Rodovías Colombia (Patria Investments affiliate) (70%) and Mercantil Colpatria (30%). The Project has a maximum term of 29 years, which may be shorter if the current revenue level is reached for the eight existing tolls as presented in the Project bid. It should be noted that no new tolls will be installed, and existing rates will not be increased either. The new Valle del Cauca Road Network – Cali and Palmira Access Roads (the “Project” or the “Rutas del Valle”) is the first project granted under the fifth generation concessions program led by the Government of Colombia through the National Infrastructure Agency (Agencia Nacional de Infraestructura, “ANI)”. The Project, mainly aimed at improving the road network around the cities of Cali and Palmira, was granted in May 2021 to Sociedad Concesionaria Rutas del Valle S.A.S. (the “Concessionaire”), formed by Rodovías Colombia (Patria Investments affiliate) (70%) and Mercantil Colpatria (30%). The Project has a maximum term of 29 years, which may be shorter if the current revenue level is reached for the eight existing tolls as presented in the Project bid. It should be noted that no new tolls will be installed, and existing rates will not be increased either. IDB Invest Rutas del Valle IDB Invest Lara Manzano, Ricardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Transport 119025000 119025000 119025000 Rutas del Valle Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14026-01 IDB Invest The Project includes the rehabilitation, administration, operation, maintenance and complementary works of the CA-9 South “A” Escuintla – Puerto Quetzal highway (between Km 60+900 to 102+100). The existing 41.20 km long road is a dual carriageway route with two lanes in each direction. The main objective of the project is to raise the route to highway level, improving its geometric conditions and operational infrastructure, which meets high service standards that meet current traffic capacity requirements and expected demand, improving service levels, safety and comfort, promoting the development of the region.The Escuintla – Puerto Quetzal Highway project corresponds to the first initiative of the Ministry of Communications, Infrastructure and Housing (CIV) under the Public Private Partnerships (PPP) model of Guatemala. The Project includes the rehabilitation, administration, operation, maintenance and complementary works of the CA-9 South “A” Escuintla – Puerto Quetzal highway (between Km 60+900 to 102+100). The existing 41.20 km long road is a dual carriageway route with two lanes in each direction. The main objective of the project is to raise the route to highway level, improving its geometric conditions and operational infrastructure, which meets high service standards that meet current traffic capacity requirements and expected demand, improving service levels, safety and comfort, promoting the development of the region.The Escuintla – Puerto Quetzal Highway project corresponds to the first initiative of the Ministry of Communications, Infrastructure and Housing (CIV) under the Public Private Partnerships (PPP) model of Guatemala. IDB Invest Consorcio Autopistas de Guatemala, Sociedad de Alianzas para el Desarrollo de Infraestructura Económica – CONVIA IDB Invest Zacarias Mateo, OmarAlfredo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Transport 92000000 92000000 92000000 Autopista Escuintla Puerto Quetzal Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14030-01 IDB Invest 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. IDB Invest CMI Alimentos Global S.L. sus subsidiarias en Centroamérica IDB Invest Coello Paz, Mariana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Agribusiness 60000000 60000000 60000000 CMI Alimentos III Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14029-01 IDB Invest This operation consists of a credit facility for Elektra Noreste, S.A. to finance the expansion of the electric power distribution system in its concession area, including infrastructure maintenance, actions to reduce system losses, and the procurement and installation of computing equipment, public lighting, and prepaid energy meters (the “Project”). This operation consists of a credit facility for Elektra Noreste, S.A. to finance the expansion of the electric power distribution system in its concession area, including infrastructure maintenance, actions to reduce system losses, and the procurement and installation of computing equipment, public lighting, and prepaid energy meters (the “Project”). IDB Invest Elektra Noreste, S.A IDB Invest Ulloa Baez, Eric Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Energy 50000000 50000000 50000000 ENSA Bridge-to-Bond Loan Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14033-01 IDB Invest The Project aims to finance small and medium-sized enterprises (“SMEs”) in Chile. The proposed operation consists of a credit facility for approximately US$140 million. The loan will have a duration of up to five years, consisting of: (i) an A Loan of up to US$20 million that will be funded by IDB Invest; and (ii) a B Loan for approximately US$120 million to be funded by participating investors. The project will allow Tanner to improve the offer of its financial services to its clients, diversify its sources of financing and, at the same time, improve the structure of its assets and liabilities. The Project aims to finance small and medium-sized enterprises (“SMEs”) in Chile. The proposed operation consists of a credit facility for approximately US$140 million. The loan will have a duration of up to five years, consisting of: (i) an A Loan of up to US$20 million that will be funded by IDB Invest; and (ii) a B Loan for approximately US$120 million to be funded by participating investors. The project will allow Tanner to improve the offer of its financial services to its clients, diversify its sources of financing and, at the same time, improve the structure of its assets and liabilities. IDB Invest TANNER SERVICIOS FINANCIEROS S.A. IDB Invest Patti, Lucila Andrea +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 20000000 20000000 20000000 Tanner SMEs Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14032-01 IDB Invest 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. IDB Invest Azvi S.A.U., Construcciones Urales S.A. de C.V. IDB Invest Rivadeneira Arbildua, María Paz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Transport 20000000 20000000 20000000 Azvi Supply Chain Finance for Transport Projects Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14036-01 IDB Invest CAMSA Industria y Comercio S.A. (“CAMSA” or the “Company”) has been in business for more than 30 years and is a major player in the Bolivian wholesale trade sector. The Company holds a diversified portfolio with four main lines of business: automotive, household appliances and electronics, pharmaceuticals, and consumer goods. It also has a significant presence across the country with nine operating centers scattered among the departments of La Paz, Cochabamba, Tarija, and Santa Cruz. IDB Invest will structure an uncommitted revolving line of credit to finance the Company's working capital requirements for up to US$5 million, with disbursements in terms of up to 390 days. The project is intended to provide a comprehensive working capital solution that will enable CAMSA to improve efficiency in its existing operations, strengthen its supply chain, and continue with its growth plan. CAMSA Industria y Comercio S.A. (“CAMSA” or the “Company”) has been in business for more than 30 years and is a major player in the Bolivian wholesale trade sector. The Company holds a diversified portfolio with four main lines of business: automotive, household appliances and electronics, pharmaceuticals, and consumer goods. It also has a significant presence across the country with nine operating centers scattered among the departments of La Paz, Cochabamba, Tarija, and Santa Cruz. IDB Invest will structure an uncommitted revolving line of credit to finance the Company's working capital requirements for up to US$5 million, with disbursements in terms of up to 390 days. The project is intended to provide a comprehensive working capital solution that will enable CAMSA to improve efficiency in its existing operations, strengthen its supply chain, and continue with its growth plan. IDB Invest CAMSA INDUSTRIA Y COMERCIO S.A. IDB Invest Canelas, Alejandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Manufacturing 5000000 5000000 5000000 CAMSA Working Capital Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14037-01 IDB Invest The proposed transaction consists of a subordinated loan (Tier 2 capital) to Banco Múltiple BHD, S.A. ("Banco BHD" or the "Bank") of up to US$75 million (the "Project" or the "Financing") for a tenor of up to seven years. The Project will support Banco BHD's capital structure by increasing its Tier 2 capital base, and will promote the growth of the Bank's loan portfolio to small and medium-sized enterprises led or owned by women ("women-led SMEs") in the Dominican Republic. It is expected the Project will be complemented with technical advisory services that will support Banco BHD enhance its gender, diversity, and inclusion value proposition and data, to improve and increase access to financial and non-financial services for women-led SMEs. The proposed transaction consists of a subordinated loan (Tier 2 capital) to Banco Múltiple BHD, S.A. ("Banco BHD" or the "Bank") of up to US$75 million (the "Project" or the "Financing") for a tenor of up to seven years. The Project will support Banco BHD's capital structure by increasing its Tier 2 capital base, and will promote the growth of the Bank's loan portfolio to small and medium-sized enterprises led or owned by women ("women-led SMEs") in the Dominican Republic. It is expected the Project will be complemented with technical advisory services that will support Banco BHD enhance its gender, diversity, and inclusion value proposition and data, to improve and increase access to financial and non-financial services for women-led SMEs. IDB Invest Banco Múltiple BHD, S.A. IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Financial Institutions 75000000 75000000 75000000 BHD Bank- Subordinated Debt for Capital Strengthening and Financial Empowerment of Women-led SMEs Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12279-02 IDB Invest This transaction consists of a loan of up to US$14 million to finance a growth plan for Iguanatours Cruceros Marítimos S.A., Galpacífico Turs S.A., and Beaglelogistics Cia. Ltda., co-borrowing entities that are part of the company Quasar Expeditions. It will also facilitate a series of initiatives to promote a sustainability and conservation agenda in Ecuador’s Galápagos Islands. Quasar Expeditions is a sustainable tourism company that operates cruises and offers excursions to the Galapagos Islands in Ecuador. The funds from the loan will be used to finance the refurbishment and launch of an additional ship, the construction of an operations and logistics center, and the operation of a sailboat that will be used to provide technical and educational training to the local community in the Galapagos Islands. This transaction consists of a loan of up to US$14 million to finance a growth plan for Iguanatours Cruceros Marítimos S.A., Galpacífico Turs S.A., and Beaglelogistics Cia. Ltda., co-borrowing entities that are part of the company Quasar Expeditions. It will also facilitate a series of initiatives to promote a sustainability and conservation agenda in Ecuador’s Galápagos Islands. Quasar Expeditions is a sustainable tourism company that operates cruises and offers excursions to the Galapagos Islands in Ecuador. The funds from the loan will be used to finance the refurbishment and launch of an additional ship, the construction of an operations and logistics center, and the operation of a sailboat that will be used to provide technical and educational training to the local community in the Galapagos Islands. This transaction consists of a loan of up to US$14 million to finance a growth plan for Iguanatours Cruceros Marítimos S.A., Galpacífico Turs S.A., and Beaglelogistics Cia. Ltda., co-borrowing entities that are part of the company Quasar Expeditions. It will also facilitate a series of initiatives to promote a sustainability and conservation agenda in Ecuador’s Galápagos Islands. Quasar Expeditions is a sustainable tourism company that operates cruises and offers excursions to the Galapagos Islands in Ecuador. The funds from the loan will be used to finance the refurbishment and launch of an additional ship, the construction of an operations and logistics center, and the operation of a sailboat that will be used to provide technical and educational training to the local community in the Galapagos Islands. This transaction consists of a loan of up to US$14 million to finance a growth plan for Iguanatours Cruceros Marítimos S.A., Galpacífico Turs S.A., and Beaglelogistics Cia. Ltda., co-borrowing entities that are part of the company Quasar Expeditions. It will also facilitate a series of initiatives to promote a sustainability and conservation agenda in Ecuador’s Galápagos Islands. Quasar Expeditions is a sustainable tourism company that operates cruises and offers excursions to the Galapagos Islands in Ecuador. The funds from the loan will be used to finance the refurbishment and launch of an additional ship, the construction of an operations and logistics center, and the operation of a sailboat that will be used to provide technical and educational training to the local community in the Galapagos Islands. IDB Invest Iguanatours Cruceros Marítimos S.A., Galpacífico Turs S.A., y Beaglelogistics CIA. LTDA IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Tourism 9000000 9000000 9000000 Quasar Expeditions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-13450-01 IDB Invest IDB Invest has provided an up to $300 million loan to ENGIE Energía Peru S.A. (EEP) to finance the construction of the 296.4MW Punta Lomitas greenfield wind farm, including its expansion and transmission lines located in the Department of Ica, 300 kilometers south of Lima, the capital of Peru. This is the largest non-conventional renewable energy project in the country to date. The financing consists of a fully underwritten IDB Invest loan package of up to $300 million, which includes resources mobilized from the Dutch entrepreneurial development bank (FMO) for $100 million and with BNP Paribas for $55 million. IDB Invest has provided an up to $300 million loan to ENGIE Energía Peru S.A. (EEP) to finance the construction of the 296.4MW Punta Lomitas greenfield wind farm, including its expansion and transmission lines located in the Department of Ica, 300 kilometers south of Lima, the capital of Peru. This is the largest non-conventional renewable energy project in the country to date. The financing consists of a fully underwritten IDB Invest loan package of up to $300 million, which includes resources mobilized from the Dutch entrepreneurial development bank (FMO) for $100 million and with BNP Paribas for $55 million. IDB Invest ENGIE Energia Peru S.A. IDB Invest Malpartida Velasquez, Aldo Rafael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14044-01 IDB Invest Pesquera Exalmar S.A.A. (“Exalmar” o la “Compañía”) inicio operaciones en 1997, pertenece al Grupo Matta en Perú, y es una empresa dedicada a la actividad pesquera que participa en la captura, procesamiento y comercialización de productos marinos de calidad y alto valor proteico, especialmente harina y aceite de pescado, para consumo humano indirecto (“CHI”) y consumo humano directo (“CHD”). La Compañía presenta una amplia trayectoria sectorial, con 25 años de experiencia, posicionándose como una de las empresas líderes en el sector con una participación de 17% en la industria lo que la posiciona como la tercera empresa en procesamiento de harina y aceite de pescado en el Perú. BID Invest estructurará un financiamiento senior garantizado por un monto de hasta US$40 millones, que incluye un tramo no comprometido por hasta US$20 millones, destinado a financiar el plan de inversiones para la mejora de eficiencia y productividad en las operaciones existentes, así como capital de trabajo estructural (el “Proyecto”) requerido por la Compañía para apoyar sus operaciones en CHD y CHI. Pesquera Exalmar S.A.A. (“Exalmar” o la “Compañía”) inicio operaciones en 1997, pertenece al Grupo Matta en Perú, y es una empresa dedicada a la actividad pesquera que participa en la captura, procesamiento y comercialización de productos marinos de calidad y alto valor proteico, especialmente harina y aceite de pescado, para consumo humano indirecto (“CHI”) y consumo humano directo (“CHD”). La Compañía presenta una amplia trayectoria sectorial, con 25 años de experiencia, posicionándose como una de las empresas líderes en el sector con una participación de 17% en la industria lo que la posiciona como la tercera empresa en procesamiento de harina y aceite de pescado en el Perú. BID Invest estructurará un financiamiento senior garantizado por un monto de hasta US$40 millones, que incluye un tramo no comprometido por hasta US$20 millones, destinado a financiar el plan de inversiones para la mejora de eficiencia y productividad en las operaciones existentes, así como capital de trabajo estructural (el “Proyecto”) requerido por la Compañía para apoyar sus operaciones en CHD y CHI. IDB Invest PESQUERA EXALMAR S.A.A. IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Agribusiness 35000000 35000000 35000000 EXALMAR Corporativo Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14051-01 IDB Invest Marinasol S.A. (the “Company” or “Marinasol”) began operating in 1987. It is currently the entity that groups the aquaculture division of DC Group in Peru and is mainly engaged in shrimp production and marketing. It has broad sector experience (over 30 years), is a national leading company with a 48% share in shrimp production and export and is based globally in over 16 export destinations, the most important of which are Asia (China, Malaysia and Korea), United States and Europe. IDB Invest will structure a financing program with a committed tranche for US$17.5 million to fund the long-term investment plan to expand the capacity and improve the efficiency of existing operations, as well as the structural working capital (the “Project”) required by the Company. There is also an uncommitted tranche of up to US$3.75 million for new investments of the same nature as those described above, to be completed in Peru. Marinasol S.A. (the “Company” or “Marinasol”) began operating in 1987. It is currently the entity that groups the aquaculture division of DC Group in Peru and is mainly engaged in shrimp production and marketing. It has broad sector experience (over 30 years), is a national leading company with a 48% share in shrimp production and export and is based globally in over 16 export destinations, the most important of which are Asia (China, Malaysia and Korea), United States and Europe. IDB Invest will structure a financing program with a committed tranche for US$17.5 million to fund the long-term investment plan to expand the capacity and improve the efficiency of existing operations, as well as the structural working capital (the “Project”) required by the Company. There is also an uncommitted tranche of up to US$3.75 million for new investments of the same nature as those described above, to be completed in Peru. IDB Invest Marinasol S.A. IDB Invest Narvaez, Carlos Eduardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Agribusiness 25000000 25000000 25000000 MARINASOL Corporativo Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14059-01 IDB Invest The transaction consists of a mezzanine loan in favor of Costa Rica Pallet & Pooling Co Corp. (“RAP”) to finance its growth in production capacity through the rental of pallets for transportation and commercial logistics, mainly in the Dominican Republic (where it will start operations) and in Central America where it concentrates its current operations. This long-term loan for up to seven years, with a grace period of up to 12 months, has a committed tranche of US$8 million and an uncommitted tranche for the remaining balance, subject to the discretion of IDB Invest, which may be used for future growth in the medium term. The use of funds includes investments mainly in pallets, which RAP rents to local and multinational companies. RAP was born in 2001 as a family business, with operational headquarters in Costa Rica, offering pallet rental, export, repair, and reuse services, managing to give circularity to goods that in the past were traditionally single-use material. It has operations in the Central American region, but Costa Rica is its main market. With this financing operation, RAP will have a broad Environmental and Social Action Plan and a Corporate Governance Action Plan that will allow it to align with the best international standards in the sector. The transaction consists of a mezzanine loan in favor of Costa Rica Pallet & Pooling Co Corp. (“RAP”) to finance its growth in production capacity through the rental of pallets for transportation and commercial logistics, mainly in the Dominican Republic (where it will start operations) and in Central America where it concentrates its current operations. This long-term loan for up to seven years, with a grace period of up to 12 months, has a committed tranche of US$8 million and an uncommitted tranche for the remaining balance, subject to the discretion of IDB Invest, which may be used for future growth in the medium term. The use of funds includes investments mainly in pallets, which RAP rents to local and multinational companies. RAP was born in 2001 as a family business, with operational headquarters in Costa Rica, offering pallet rental, export, repair, and reuse services, managing to give circularity to goods that in the past were traditionally single-use material. It has operations in the Central American region, but Costa Rica is its main market. With this financing operation, RAP will have a broad Environmental and Social Action Plan and a Corporate Governance Action Plan that will allow it to align with the best international standards in the sector. IDB Invest Costa Rica Pallet & Pooling Co. Corp. IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Manufacturing 12000000 12000000 12000000 RAP Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14064-01 IDB Invest The financing seeks to support the growth and competitiveness of Les Entreprises Plastech Haiti S.A. and Plastech Solutions S.A. (the “Companies”, “Plastech” or the “Borrowers”), a leading company in the plastic industry in Haiti. Plastech has embarked on a multiyear (2022-2023) US$17.2 million investment plan to increase capacity and to optimize production efficiencies while expanding its regional presence. The investment plan includes the purchase industrial machinery and equipment with more efficient technology (less use of raw material) to serve its increasing demand from main clients in Haiti and exports to some countries in the Caribbean region. The IDB Invest will provide an A Loan of up to US$9 million to be complemented by internal cash flow and additional debt. IDB Invest financing will have a 10-year tenor including 12 months of grace period. ADDENDUM: May 25, 2022 - A change was made in the Project Scope and Objective, please read correctly as follows: The financing seeks to support the growth and competitiveness of Les Entreprises Plastech Haiti S.A. and Plastech Solutions S.A. (the “Companies”, “Plastech” or the “Borrowers”), a leading company in the plastic industry in Haiti. Plastech has embarked on a US$13.6 million investment plan to increase capacity and to optimize production efficiencies while expanding its regional presence. The investment plan includes the purchase industrial machinery and equipment with more efficient technology (less use of raw material) to serve its increasing demand from main clients in Haiti and exports to some countries in the Caribbean region. The IDB Invest will provide an A Loan of up to US$9 million to be complemented by internal cash flow and additional debt. IDB Invest financing will have a 10-year tenor including 12 months of grace period. The financing seeks to support the growth and competitiveness of Les Entreprises Plastech Haiti S.A. and Plastech Solutions S.A. (the “Companies”, “Plastech” or the “Borrowers”), a leading company in the plastic industry in Haiti. Plastech has embarked on a multiyear (2022-2023) US$17.2 million investment plan to increase capacity and to optimize production efficiencies while expanding its regional presence. The investment plan includes the purchase industrial machinery and equipment with more efficient technology (less use of raw material) to serve its increasing demand from main clients in Haiti and exports to some countries in the Caribbean region. The IDB Invest will provide an A Loan of up to US$9 million to be complemented by internal cash flow and additional debt. IDB Invest financing will have a 10-year tenor including 12 months of grace period. ADDENDUM: May 25, 2022 - A change was made in the Project Scope and Objective, please read correctly as follows: The financing seeks to support the growth and competitiveness of Les Entreprises Plastech Haiti S.A. and Plastech Solutions S.A. (the “Companies”, “Plastech” or the “Borrowers”), a leading company in the plastic industry in Haiti. Plastech has embarked on a US$13.6 million investment plan to increase capacity and to optimize production efficiencies while expanding its regional presence. The investment plan includes the purchase industrial machinery and equipment with more efficient technology (less use of raw material) to serve its increasing demand from main clients in Haiti and exports to some countries in the Caribbean region. The IDB Invest will provide an A Loan of up to US$9 million to be complemented by internal cash flow and additional debt. IDB Invest financing will have a 10-year tenor including 12 months of grace period. IDB Invest Plastech Solutions S.A., and Les Enterprises Haiti Solutions S.A. IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Haiti Haiti Manufacturing 9000000 9000000 9000000 Plastech III Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14069-01 IDB Invest 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. IDB Invest Air-e S.A.S E.S.P IDB Invest Gonzales Hualcuna, Rony +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Energy 44737200 44737200 44737200 Air-e Colombia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14071-01 IDB Invest The proposed operation consists of the design, construction, operation, and maintenance of the Usina Termelétrica Lençóis Paulista (“UTE Cidade do Livro”), an 80 megawatts (“MW”) Thermal Power Plant (“TPP”) fueled by biomass, using preferably wood chip or sugarcane bagasse, and a substation, as well as a 25-kilometer (“km”) long 138 kilovolts (“kV”) Transmission Line (“TL”) to connect the TPP to the Brazilian interconnected grid at the existing Barra Bonita Substation (“The Project”). The Project will be developed in the municipality of Lençóis Paulistas, São Paulo State, Brazil. The Project’s estimated CAPEX amounts up to BRL 590 million. The proposed operation consists of the design, construction, operation, and maintenance of the Usina Termelétrica Lençóis Paulista (“UTE Cidade do Livro”), an 80 megawatts (“MW”) Thermal Power Plant (“TPP”) fueled by biomass, using preferably wood chip or sugarcane bagasse, and a substation, as well as a 25-kilometer (“km”) long 138 kilovolts (“kV”) Transmission Line (“TL”) to connect the TPP to the Brazilian interconnected grid at the existing Barra Bonita Substation (“The Project”). The Project will be developed in the municipality of Lençóis Paulistas, São Paulo State, Brazil. The Project’s estimated CAPEX amounts up to BRL 590 million. IDB Invest USINA TERMELETRICA LENCOIS PAULISTA SPES.A. IDB Invest Bianco del Barrio, Silvana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Energy 34529700 34529700 34529700 UTE Cidade do Livro Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14074-01 IDB Invest Twin Hotels N.V. is the franchisee of the Courtyard by Marriott Paramaribo. The 138-room hotel was opened in June 2009 and is located along the Suriname River. The hotel has a business center and features meeting spaces, as well as a restaurant, fitness center, and an outdoor pool. As part of Marriott’s regular refurbishment and upkeep program, intended to keep the property competitive and in line with brand standards, the hotel will renovate its 138 available rooms (the “Project”) in 2022 and 2023. The Company has estimated a total project cost of US$6,700,000 to implement and maintain the Marriott’s brand standards. IDB Invest is proposing a senior secured loan of up to US$5 million with a 10-year tenor to support the capex investment. Twin Hotels N.V. is the franchisee of the Courtyard by Marriott Paramaribo. The 138-room hotel was opened in June 2009 and is located along the Suriname River. The hotel has a business center and features meeting spaces, as well as a restaurant, fitness center, and an outdoor pool. As part of Marriott’s regular refurbishment and upkeep program, intended to keep the property competitive and in line with brand standards, the hotel will renovate its 138 available rooms (the “Project”) in 2022 and 2023. The Company has estimated a total project cost of US$6,700,000 to implement and maintain the Marriott’s brand standards. IDB Invest is proposing a senior secured loan of up to US$5 million with a 10-year tenor to support the capex investment. IDB Invest Twin Hotels N.V. IDB Invest Wright, Stefan C.M. +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Suriname Suriname Manufacturing 5000000 5000000 5000000 Courtyard Marriott Paramaribo Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14084-01 IDB Invest VU Security is a global cybersecurity company specialized in identity protection and fraud prevention, supporting more than 350 organizations through the development of secure and frictionless digital experiences both for individuals and companies, throughout the digital transformation process. The Company has become a market leader, and has successfully launched operations in more than 20 countries. The capital raised through the funding round will be used to finance the Company's growth, through the development of new products and services and launch of new channels for joint ventures and partnerships, aiming to position VU Security as a global supplier of cybersecurity and identity management services. VU Security is a global cybersecurity company specialized in identity protection and fraud prevention, supporting more than 350 organizations through the development of secure and frictionless digital experiences both for individuals and companies, throughout the digital transformation process. The Company has become a market leader, and has successfully launched operations in more than 20 countries. The capital raised through the funding round will be used to finance the Company's growth, through the development of new products and services and launch of new channels for joint ventures and partnerships, aiming to position VU Security as a global supplier of cybersecurity and identity management services. IDB Invest VU Security IDB Invest Arauz, Gonzalo C. +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Digital Economy 3000000 3000000 3000000 VU Security Equity Investment Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14086-01 IDB Invest Four Points Georgetown (“the Project) is the development, construction and operation of a 172 room Four Points by Sheraton hotel in Georgetown, Guyana. The Project will feature a restaurant, two bars, an outdoor pool, as well as 16,000-square feet of meeting space and 25,000-square feet of retail area. The site is strategically located in downtown Georgetown, 15 minutes from the Ogle International Airport on the eastside lane of a new road bypass between Eccles and Mandela Avenue. The hotel’s operator will be EuroBuilding Hotel Group, an established hotel operator with several properties around the region. Four Points represents an upper-midscale brand within the Marriott International umbrella and will seek EDGE Certification highlighting many sustainability features. The Project is led by Tama Investments LLC and has an estimated total project cost of approximately US$33.3 million which will be financed by 50% Debt/ Equity, including an approximate US$12 million senior loan with a 12 year tenor from IDB Invest. Four Points Georgetown (“the Project) is the development, construction and operation of a 172 room Four Points by Sheraton hotel in Georgetown, Guyana. The Project will feature a restaurant, two bars, an outdoor pool, as well as 16,000-square feet of meeting space and 25,000-square feet of retail area. The site is strategically located in downtown Georgetown, 15 minutes from the Ogle International Airport on the eastside lane of a new road bypass between Eccles and Mandela Avenue. The hotel’s operator will be EuroBuilding Hotel Group, an established hotel operator with several properties around the region. Four Points represents an upper-midscale brand within the Marriott International umbrella and will seek EDGE Certification highlighting many sustainability features. The Project is led by Tama Investments LLC and has an estimated total project cost of approximately US$33.3 million which will be financed by 50% Debt/ Equity, including an approximate US$12 million senior loan with a 12 year tenor from IDB Invest. IDB Invest Caribbean Green Building Inc IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guyana Guyana Tourism 18000000 18000000 18000000 Four Points Georgetown Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14121-01 IDB Invest La Union consists in financing the construction and development of a PV solar plant Sponsored by Solarpack. La Union with a total aggregate installed capacity of 99.99 MWac, is located in the municipality of Monteria, Department of Cordoba, Colombia. The project was awarded with a 15-year PPA in the Third Long Term Contract Auction that was organized by the Colombian Mines and Energy Ministry in 2021. The project is in development stage, with secured interconnection, secured site and advanced stage of environmental approvals. IDB Invest's participation will help to supplement long-term financing for the project with participation from the United Kingdom Sustainable Infrastructure Program (UK SIP) Blended Financing Fund administered by the IDB Group, and in collaboration with a local bank, providing funds in Colombian pesos. La Union consists in financing the construction and development of a PV solar plant Sponsored by Solarpack. La Union with a total aggregate installed capacity of 99.99 MWac, is located in the municipality of Monteria, Department of Cordoba, Colombia. The project was awarded with a 15-year PPA in the Third Long Term Contract Auction that was organized by the Colombian Mines and Energy Ministry in 2021. The project is in development stage, with secured interconnection, secured site and advanced stage of environmental approvals. IDB Invest's participation will help to supplement long-term financing for the project with participation from the United Kingdom Sustainable Infrastructure Program (UK SIP) Blended Financing Fund administered by the IDB Group, and in collaboration with a local bank, providing funds in Colombian pesos. IDB Invest La Unión, S.A.S. E.S.P IDB Invest Yan, Shanyue +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Energy 15000000 15000000 15000000 La Union Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14132-01 IDB Invest The proposed financing consists of a 20-year A/B Bond for Salaverry Terminal Internacional (STI), a concessionaire of the primary multi-purpose and bulk port in Trujillo, northern Peru. Under a 30-year concession agreement granted in 2018, STI must upgrade its infrastructure and port equipment. Proceeds from the A/B Bond will refinance the existing construction facility with long-term financing. Through this investment, IDB Invest will enable the project to accommodate increased traffic volumes, further integrating STI’s hinterland with international trade while also lowering logistics costs and enhancing the region’s competitiveness. The proposed financing consists of a 20-year A/B Bond for Salaverry Terminal Internacional (STI), a concessionaire of the primary multi-purpose and bulk port in Trujillo, northern Peru. Under a 30-year concession agreement granted in 2018, STI must upgrade its infrastructure and port equipment. Proceeds from the A/B Bond will refinance the existing construction facility with long-term financing. Through this investment, IDB Invest will enable the project to accommodate increased traffic volumes, further integrating STI’s hinterland with international trade while also lowering logistics costs and enhancing the region’s competitiveness. IDB Invest Salaverry Terminal IDB Invest Fernandez Alvarez de Lugo, Monica +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Unspecified 50000000 50000000 50000000 Salaverry Project Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14108-01 IDB Invest The transaction consists of a loan to acquire a fleet of 229 electric buses and build the charging infrastructure associated with the provision of the mass transportation service in the Usme area of the city of Bogotá, capital district of Colombia, following the concession contract. N° 108 of 2021 signed between Empresa de Transporte del Tercer Milenio - Transmilenio S.A., manager of the public mass transport service system in the city and Usme ZE S.A.S. The approximate cost of the project is up to US$92 million and it is expected to have a participation of up to US$31 million or equivalent in Colombian pesos. The project will make it possible to replace part of the Transmilenio public transport fleet, from diesel buses to electric buses, reducing carbon emissions, improving air quality and serving as an example for the region. The transaction consists of a loan to acquire a fleet of 229 electric buses and build the charging infrastructure associated with the provision of the mass transportation service in the Usme area of the city of Bogotá, capital district of Colombia, following the concession contract. N° 108 of 2021 signed between Empresa de Transporte del Tercer Milenio - Transmilenio S.A., manager of the public mass transport service system in the city and Usme ZE S.A.S. The approximate cost of the project is up to US$92 million and it is expected to have a participation of up to US$31 million or equivalent in Colombian pesos. The project will make it possible to replace part of the Transmilenio public transport fleet, from diesel buses to electric buses, reducing carbon emissions, improving air quality and serving as an example for the region. IDB Invest AMP Capital Investors (US) Limited IDB Invest Triana Correa, Maria Paula +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Transport 28808200 28808200 28808200 Guagua Usme Electric Bus Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14162-01 IDB Invest The proposed operation consists of a senior unsecured loan to Banco Continental for an amount of up to US$100 million, that contemplates: (i) a Committed Tranche I: which consists of an A Loan of up to US$50 million; (ii) an Uncommitted Tranche II: consisting of an A Loan of up to US$50 million; and (iii) the operation contemplates the possibility of mobilizing resources from institutional investors through a B Loan for an amount to be determined in accordance with market conditions. The operation will have a term of up to five years, with up to two years of grace period. The funds from the operation will be used to finance the growth of Banco Continental's green portfolio in Paraguay. The proposed operation consists of a senior unsecured loan to Banco Continental for an amount of up to US$100 million, that contemplates: (i) a Committed Tranche I: which consists of an A Loan of up to US$50 million; (ii) an Uncommitted Tranche II: consisting of an A Loan of up to US$50 million; and (iii) the operation contemplates the possibility of mobilizing resources from institutional investors through a B Loan for an amount to be determined in accordance with market conditions. The operation will have a term of up to five years, with up to two years of grace period. The funds from the operation will be used to finance the growth of Banco Continental's green portfolio in Paraguay. IDB Invest Banco Continental S.A.E.C.A. (“Banco Continental”) IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 54500000 54500000 54500000 Banco Continental Green Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14101-01 IDB Invest The Project consists of an unguaranteed and uncommitted revolving discount line granted to Grupo Arteche (Arteche Lantegi Elkartea S.A.) to promote financial support and ease of payment for the suppliers that make up its supply chain in Mexico, Brazil and Argentina. IDB Invest will purchase the irrevocable and unconditional payment obligations/accounts payable with a future date denominated in USD$, MXN and/or other currencies for the execution of payments duly approved by IDB Invest. In addition, IDB Invest will support Grupo Arteche in sustainability practices in three main areas: (1) training of employees on issues of gender equality and diversity; (2) reduction in the use of wood/cardboard in packaging processes and (3) the overall life cycle of the project. The Project consists of an unguaranteed and uncommitted revolving discount line granted to Grupo Arteche (Arteche Lantegi Elkartea S.A.) to promote financial support and ease of payment for the suppliers that make up its supply chain in Mexico, Brazil and Argentina. IDB Invest will purchase the irrevocable and unconditional payment obligations/accounts payable with a future date denominated in USD$, MXN and/or other currencies for the execution of payments duly approved by IDB Invest. In addition, IDB Invest will support Grupo Arteche in sustainability practices in three main areas: (1) training of employees on issues of gender equality and diversity; (2) reduction in the use of wood/cardboard in packaging processes and (3) the overall life cycle of the project. IDB Invest Arteche Lantegi Elkartea, S.A. IDB Invest Junco Camacho, Dulce Jocelyn +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Energy 20000000 20000000 20000000 Arteche Energy & Transmission Supply Chain Finance Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14169-01 IDB Invest The financing proposed to Agripac S.A. (“Agripac”) consists of a 3.3-year Revolving Line of Credit, with a committed tranche and an uncommitted tranche of up to US$15 million and US$10 million, respectively, under which IDB Invest shall increase financing for the term of 390 days with amortization at maturity in each case, which funds will be used to import raw materials from their eligible suppliers, to be sold and financed to their agricultural producers. The aim is to offer a committed working capital solution not available in the local market to set Agripac’s imports financing terms in line with its cash generation cycle. The overall goal of the project is to increase the availability of food in Latin America and the Caribbe, and agricultural exports by: (i) increasing the provision and financing of agricultural inputs for MSMEs; (ii) supporting the technical assistance to agricultural MSMEs; and (iii) supporting greater market linkages. The financing proposed to Agripac S.A. (“Agripac”) consists of a 3.3-year Revolving Line of Credit, with a committed tranche and an uncommitted tranche of up to US$15 million and US$10 million, respectively, under which IDB Invest shall increase financing for the term of 390 days with amortization at maturity in each case, which funds will be used to import raw materials from their eligible suppliers, to be sold and financed to their agricultural producers. The aim is to offer a committed working capital solution not available in the local market to set Agripac’s imports financing terms in line with its cash generation cycle. The overall goal of the project is to increase the availability of food in Latin America and the Caribbe, and agricultural exports by: (i) increasing the provision and financing of agricultural inputs for MSMEs; (ii) supporting the technical assistance to agricultural MSMEs; and (iii) supporting greater market linkages. IDB Invest AGRIPAC S.A. IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Agribusiness 25000000 25000000 25000000 Agripac Trade Facility Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14177-01 IDB Invest Muneshwers Limited “Muneshwers”or the “Company”) is a legally registered company in Guyana that provides import and export services of containerized cargo to various parts of the world with direct services to Suriname, Trinidad, Colombia, and Panama. Muneshwers is the shipping agent and terminal operator for the Maersk Line and Sealand, the largest shipping line in the world and one of the market leaders in Guyana. With over twenty (20) years of experience in the shipping industry, the company is positioning itself to take opportunity of Guyana’s impressive economic growth. The loan funds will be destined for the acquisition of a mobile harbor crane for Muneshwers port operations in Georgetown. The addition of this crane, which will be used for multipurpose cargo activities, will help increase the processing capacity of the port, which has been trending upwards in volume of cargo handled. Muneshwers Limited “Muneshwers”or the “Company”) is a legally registered company in Guyana that provides import and export services of containerized cargo to various parts of the world with direct services to Suriname, Trinidad, Colombia, and Panama. Muneshwers is the shipping agent and terminal operator for the Maersk Line and Sealand, the largest shipping line in the world and one of the market leaders in Guyana. With over twenty (20) years of experience in the shipping industry, the company is positioning itself to take opportunity of Guyana’s impressive economic growth. The loan funds will be destined for the acquisition of a mobile harbor crane for Muneshwers port operations in Georgetown. The addition of this crane, which will be used for multipurpose cargo activities, will help increase the processing capacity of the port, which has been trending upwards in volume of cargo handled. IDB Invest Muneshwers Limited IDB Invest Junco Camacho, Dulce Jocelyn +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guyana Guyana Transport 4000000 4000000 4000000 Muneshwers Limited Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14179-01 IDB Invest The loan will finance Einstein's investments and expenses for the a Cancer Center, a state-of-the-art oncology hospital which includes: 160 automated beds and 10 surgery rooms (1 hybrid room and 02 robotic surgery rooms), 5 image-guided intervention rooms, diagnostic medicine, medical offices and special areas for chemo and radiotherapy. With the development of the Cancer Center, Einstein envisions to be one of the global leaders in Oncology and Hematology with: (i) a world-class academic research center focused on evidence-based multidisciplinary care and innovation; (ii) a center of excellence in precision medicine with a focus on genetics, genomics, immunotherapy, cell therapy and advanced therapeutics; (iii) predictive analysis and Big Data for prevention, accurate diagnosis and optimized results; (iv) industry partnerships in research, therapies and biotechnology driving innovation and (v) culture of education and continuous learning. The loan will finance Einstein's investments and expenses for the a Cancer Center, a state-of-the-art oncology hospital which includes: 160 automated beds and 10 surgery rooms (1 hybrid room and 02 robotic surgery rooms), 5 image-guided intervention rooms, diagnostic medicine, medical offices and special areas for chemo and radiotherapy. With the development of the Cancer Center, Einstein envisions to be one of the global leaders in Oncology and Hematology with: (i) a world-class academic research center focused on evidence-based multidisciplinary care and innovation; (ii) a center of excellence in precision medicine with a focus on genetics, genomics, immunotherapy, cell therapy and advanced therapeutics; (iii) predictive analysis and Big Data for prevention, accurate diagnosis and optimized results; (iv) industry partnerships in research, therapies and biotechnology driving innovation and (v) culture of education and continuous learning. IDB Invest Sociedade Beneficente Israelita Brasileira Albert Einstein IDB Invest Vieira Pereira de Almeida, Tomas +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Social Infrastructure 20000000 20000000 20000000 Einstein - Cancer Center Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14178-01 IDB Invest The proposed transaction consists of a corporate financing of up to US$100 million to Jamaica Public Service Company Limited to support its investment program for 2024-2025. The use of proceeds includes investments on expansion and upgrade of its transmission and distribution network, reduction of distribution energy losses, innovation and technology infrastructure and digital transformation, customer service infrastructure, business development initiatives, among other investments on energy efficiency and initiatives to lower operating costs. The proposed transaction consists of a corporate financing of up to US$100 million to Jamaica Public Service Company Limited to support its investment program for 2024-2025. The use of proceeds includes investments on expansion and upgrade of its transmission and distribution network, reduction of distribution energy losses, innovation and technology infrastructure and digital transformation, customer service infrastructure, business development initiatives, among other investments on energy efficiency and initiatives to lower operating costs. IDB Invest Jamaica Public Service Company Limited IDB Invest Fernandez Alvarez de Lugo, Monica +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Energy 100000000 100000000 100000000 Jamaica Public Service Company I (JPS I) Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14115-01 IDB Invest 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. IDB Invest Marie Sharp Fine Foods Limited IDB Invest Taylor, Delicia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Belize Belize Agribusiness 5000000 5000000 5000000 Marie Sharp Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14181-01 IDB Invest The proposed operation consists of a senior unsecured loan to Bancop for an amount up to US$20 million, which is expected to be compromised as follows: (i) a Committed tranche consisting of an A Loan of up to US$10 million to be financed by IDB Invest, (ii) Tranche II: an Uncommitted tranche consisting of an A Loan of up to US$5 million, to be financed by IDB Invest; and (iii) a B Loan for an approximate amount of US5 million to be financed by institutional investors. The operation will have a term of up to five years, with a grace period of up to two years and semi-annual amortization. The funds from the operation will be used to finance small and medium-sized producers in the agricultural and livestock sectors of Paraguay, which will contribute to increasing food production in Paraguay. The proposed operation consists of a senior unsecured loan to Bancop for an amount up to US$20 million, which is expected to be compromised as follows: (i) a Committed tranche consisting of an A Loan of up to US$10 million to be financed by IDB Invest, (ii) Tranche II: an Uncommitted tranche consisting of an A Loan of up to US$5 million, to be financed by IDB Invest; and (iii) a B Loan for an approximate amount of US5 million to be financed by institutional investors. The operation will have a term of up to five years, with a grace period of up to two years and semi-annual amortization. The funds from the operation will be used to finance small and medium-sized producers in the agricultural and livestock sectors of Paraguay, which will contribute to increasing food production in Paraguay. IDB Invest BANCOP S.A. IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 15000000 15000000 15000000 Bancop Food Security Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14183-01 IDB Invest The Project consists of supporting Banco Bolivariano C.A. to issue the first Blue Bond in Ecuador. The total amount of the Bond is up to US$50 million with a five-year term. IDB Invest will act as an anchor investor with a subscription for a total amount of up to US$40 million. Another potential investor will participate with a subscription for a total amount of up to US$10 million. The Bond proceeds will be used to promote and further extend financing projects and opportunities for sustainable, water‑related ocean business that address the challenges of the blue economy, create sustainable business opportunities in the oceans and manage oceans responsibly. Additionally, IDB Invest will provide advisory services with the objective of supporting the bank in the process of the Blue Bond's structure. This involves defining the use of eligible funds, the development of the Bond´s conceptual framework, as well as the environmental and/or social benefit of the financed projects. In addition, Banco Bolivariano will also be supported in the certification of the Blue Bond through the contracting of an external provider of Second Party Opinions (“SPO”), who will be in charge of issuing the SPO. The Project consists of supporting Banco Bolivariano C.A. to issue the first Blue Bond in Ecuador. The total amount of the Bond is up to US$50 million with a five-year term. IDB Invest will act as an anchor investor with a subscription for a total amount of up to US$40 million. Another potential investor will participate with a subscription for a total amount of up to US$10 million. The Bond proceeds will be used to promote and further extend financing projects and opportunities for sustainable, water‑related ocean business that address the challenges of the blue economy, create sustainable business opportunities in the oceans and manage oceans responsibly. Additionally, IDB Invest will provide advisory services with the objective of supporting the bank in the process of the Blue Bond's structure. This involves defining the use of eligible funds, the development of the Bond´s conceptual framework, as well as the environmental and/or social benefit of the financed projects. In addition, Banco Bolivariano will also be supported in the certification of the Blue Bond through the contracting of an external provider of Second Party Opinions (“SPO”), who will be in charge of issuing the SPO. IDB Invest Banco Bolivariano C.A. IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 15000000 15000000 15000000 Banco Bolivariano Blue Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14103-01 IDB Invest The proposed financing to Fernandes Guyana Enterprise (“Fernandes Guyana”, the “Borrower” or the “Company”) consists of an 8-year Senior Loan of up to US$5 million, including a grace period of 1 year (the “Financing” or the “Loan”). The Company will use the Financing to fund capital expenditures and for working capital needs. The main development objectives of the Loan include: (i) promoting the Company’s growth in Guyana, increasing the supply of national products while reducing imports of finished goods; (ii) promoting the productivity of the Company; (iii) promoting employment in Guyana through the expansion of the operations of the Company; (iv) diversifying the products and services provided by the Company in the Guyanese market; and (v) increasing and enhancing the Company’s market linkages. The proposed financing to Fernandes Guyana Enterprise (“Fernandes Guyana”, the “Borrower” or the “Company”) consists of an 8-year Senior Loan of up to US$5 million, including a grace period of 1 year (the “Financing” or the “Loan”). The Company will use the Financing to fund capital expenditures and for working capital needs. The main development objectives of the Loan include: (i) promoting the Company’s growth in Guyana, increasing the supply of national products while reducing imports of finished goods; (ii) promoting the productivity of the Company; (iii) promoting employment in Guyana through the expansion of the operations of the Company; (iv) diversifying the products and services provided by the Company in the Guyanese market; and (v) increasing and enhancing the Company’s market linkages. IDB Invest Fernandes Guyana Enterprise INC IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Agribusiness 5000000 5000000 5000000 Fernandes Guyana II Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14200-01 IDB Invest The proposed financing consists of a long-term loan of at least R$280 million, with an 8-year term and 30-month grace period, so that Usina Cerradão (“Cerradão”) can increase its sugarcane crushing capacity from 4.2 million to 7 million tons/year. Such an increase in capacity will consequently allow the company to increase its production of sugar and ethanol, as well as its capacity to cogenerate electricity by 57%, by burning a greater volume of residual biomass (sugar cane bagasse). The increase in energy consumption will still allow Cerradão to remain self-sufficient in its operational needs, in addition to allowing the company to increase its supply of clean renewable energy to the market by approximately 95%. The proposed financing consists of a long-term loan of at least R$280 million, with an 8-year term and 30-month grace period, so that Usina Cerradão (“Cerradão”) can increase its sugarcane crushing capacity from 4.2 million to 7 million tons/year. Such an increase in capacity will consequently allow the company to increase its production of sugar and ethanol, as well as its capacity to cogenerate electricity by 57%, by burning a greater volume of residual biomass (sugar cane bagasse). The increase in energy consumption will still allow Cerradão to remain self-sufficient in its operational needs, in addition to allowing the company to increase its supply of clean renewable energy to the market by approximately 95%. IDB Invest Usina Cerradão IDB Invest de Paiva Ferraz, Joao Victor +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Agribusiness 39736200 39736200 39736200 Usina Cerradao - A/B Loan Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14095-01 IDB Invest The financing consists in an unsecured subordinated loan of up to US$20 million (the “Project” or the “Subordinated Loan”) to be granted to St. Georges Bank & Company Inc. (the “Bank”) for a term of up to 10 years, including a grace period of five years. A total of 50% of the financing will be funded by IDB Invest and the remaining portion will be covered by one or more external participants (“Loan B”). The financing goals are: (i) strengthening the Bank’s capital; (ii) providing access to long-term financing enabling adequate assets and liabilities positions; and (iii) supporting the Bank in developing, financing and expanding its green portfolio, as well as its sustainable product strategy. To achieve the goals above, the transaction considers including a Technical Advisory Services (“TA”) component seeking to strengthen the Bank’s skills and knowledge to serve the target segment. These TA aims at providing continuity to the process begun with the Bank regarding its sustainability policies and involvement in the green market. The financing consists in an unsecured subordinated loan of up to US$20 million (the “Project” or the “Subordinated Loan”) to be granted to St. Georges Bank & Company Inc. (the “Bank”) for a term of up to 10 years, including a grace period of five years. A total of 50% of the financing will be funded by IDB Invest and the remaining portion will be covered by one or more external participants (“Loan B”). The financing goals are: (i) strengthening the Bank’s capital; (ii) providing access to long-term financing enabling adequate assets and liabilities positions; and (iii) supporting the Bank in developing, financing and expanding its green portfolio, as well as its sustainable product strategy. To achieve the goals above, the transaction considers including a Technical Advisory Services (“TA”) component seeking to strengthen the Bank’s skills and knowledge to serve the target segment. These TA aims at providing continuity to the process begun with the Bank regarding its sustainability policies and involvement in the green market. IDB Invest St. Georges Bank IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 10000000 10000000 10000000 St. Georges Bank - Subordinated Debt for the Strengthening of SMEs and Green Finance Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14206-01 IDB Invest IDB Invest considers providing a loan of up to US$35 million to C.P.S. Comunicaciones S.A.U. (“Metrotel” or the “Company”). Proceeds will be used to: (i) finance Metrotel’s fiber infrastructure deployment and other capital expenditure to expand and maintain its operations in Argentina; and (ii) refinance existing debt. The main objective of the project is to increase availability of high-quality fixed broadband services by supporting Metrotel’s growth plan. Metrotel is an independent fiber operator in the country with a network comprising 6,400 km of high-quality metro fiber. The Company provides broadband connectivity, internet access and other ancillary services to more than 9,000 corporate customers. It is also developing a neutral Fiber-to-the-Home network, which can be used by multiple internet service providers in Buenos Aires Metropolitan Area and Greater Buenos Aires. IDB Invest considers providing a loan of up to US$35 million to C.P.S. Comunicaciones S.A.U. (“Metrotel” or the “Company”). Proceeds will be used to: (i) finance Metrotel’s fiber infrastructure deployment and other capital expenditure to expand and maintain its operations in Argentina; and (ii) refinance existing debt. The main objective of the project is to increase availability of high-quality fixed broadband services by supporting Metrotel’s growth plan. Metrotel is an independent fiber operator in the country with a network comprising 6,400 km of high-quality metro fiber. The Company provides broadband connectivity, internet access and other ancillary services to more than 9,000 corporate customers. It is also developing a neutral Fiber-to-the-Home network, which can be used by multiple internet service providers in Buenos Aires Metropolitan Area and Greater Buenos Aires. IDB Invest CPS Comunicaciones, S.A.U. IDB Invest Beretta Tassano, Patricio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Digital Economy 35000000 35000000 35000000 Metrotel CAPEX Financing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14128-01 IDB Invest The proposed finance facility is an US$11 million 8-year senior loan to Veneza Inversiones S.A., to finance a rendering plant with the capacity to process up to 440 tons per day of animal by-products extracted from beef tallow, bone meal, meat meal and blood. Veneza Inversiones PY S.A. began operating in the agribusiness sector in August 2016 and can process and sell various products in Paraguay. It belongs to the Durli Group, one of the largest leather producers in Brazil, whose business includes producing and selling leather and processing third-party leather. ADDENDUM: On January 31, 2023 a correction has been made to section 4.2.b (pag.7) of the ESRS. The corrected information is as follows: “Paraguay is a signatory to several International Labor Organization ("ILO") conventions. In 2009, the Government of Paraguay, together with organizations from the labor sector, the employer sector and the ILO, signed a Tripartite Agreement called the National Program for Decent Work, which establishes, among other issues, the eradication of forced and child labor in the country”. The proposed finance facility is an US$11 million 8-year senior loan to Veneza Inversiones S.A., to finance a rendering plant with the capacity to process up to 440 tons per day of animal by-products extracted from beef tallow, bone meal, meat meal and blood. Veneza Inversiones PY S.A. began operating in the agribusiness sector in August 2016 and can process and sell various products in Paraguay. It belongs to the Durli Group, one of the largest leather producers in Brazil, whose business includes producing and selling leather and processing third-party leather. ADDENDUM: On January 31, 2023 a correction has been made to section 4.2.b (pag.7) of the ESRS. The corrected information is as follows: “Paraguay is a signatory to several International Labor Organization ("ILO") conventions. In 2009, the Government of Paraguay, together with organizations from the labor sector, the employer sector and the ILO, signed a Tripartite Agreement called the National Program for Decent Work, which establishes, among other issues, the eradication of forced and child labor in the country”. IDB Invest Veneza Inversiones PY SA IDB Invest Buzo Rolandi, Jose +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Manufacturing 11000000 11000000 11000000 Veneza Paraguay Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14211-01 IDB Invest The Project consists of the design, construction, operation and maintenance of Block 2 of the Concession for the water distribution, sewage collection and treatment systems in the municipalities of Rio de Janeiro, Paty do Alferes and Miguel Pereira in the State of Rio de Janeiro, Brazil. In the latter two municipalities, Iguá Rio de Janeiro will also be responsible for water collection and treatment. The aim, in addition to universal water distribution, is to achieve 90% sewage collection and treatment for approximately 1.2 million people. The financial plan consists of an IDB Invest loan of up to R$1 billion, with a term of up to 20 years. The Project consists of the design, construction, operation and maintenance of Block 2 of the Concession for the water distribution, sewage collection and treatment systems in the municipalities of Rio de Janeiro, Paty do Alferes and Miguel Pereira in the State of Rio de Janeiro, Brazil. In the latter two municipalities, Iguá Rio de Janeiro will also be responsible for water collection and treatment. The aim, in addition to universal water distribution, is to achieve 90% sewage collection and treatment for approximately 1.2 million people. The financial plan consists of an IDB Invest loan of up to R$1 billion, with a term of up to 20 years. IDB Invest IGUA RIO DE JANEIRO SA IDB Invest Bianco del Barrio, Silvana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Water and Sanitation 60000000 60000000 60000000 Igua - CEDAE Concession Bloco 2 Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14225-01 IDB Invest The Project consists of an investment in the BlueOrchard Latin America and the Caribbean Gender, Diversity, and Inclusion Fund S.C.A., SICAV-RAIF (the “Fund”), the first private debt Gender, Diversity & Inclusion (“GDI”) fund in Latin America and the Caribbean (“LAC”). The Fund will focus on increasing the access to finance to underserved groups by providing financing mainly to Financial Institutions (“FIs”), such as microfinance institutions (“MFIs”), universal banks, fintechs, leasing institutions, factoring companies, and cooperatives that will increase access to finance for women-led and/or -owned Micro, Small and Medium Sized Enterprises (“MSMEs”), indigenous groups, African descendants, people with disabilities, older people, and companies at the forefront of implementation of diversity policies. The Fund will be managed by BlueOrchard Finance Ltd. (the “Fund Manager” or “BlueOrchard”), a leading global impact investment manager with more than 21 years of experience and track record in microfinance and financial inclusion, and more than US$4 billion in Assets under Management (“AUM”). The Project consists of an investment in the BlueOrchard Latin America and the Caribbean Gender, Diversity, and Inclusion Fund S.C.A., SICAV-RAIF (the “Fund”), the first private debt Gender, Diversity & Inclusion (“GDI”) fund in Latin America and the Caribbean (“LAC”). The Fund will focus on increasing the access to finance to underserved groups by providing financing mainly to Financial Institutions (“FIs”), such as microfinance institutions (“MFIs”), universal banks, fintechs, leasing institutions, factoring companies, and cooperatives that will increase access to finance for women-led and/or -owned Micro, Small and Medium Sized Enterprises (“MSMEs”), indigenous groups, African descendants, people with disabilities, older people, and companies at the forefront of implementation of diversity policies. The Fund will be managed by BlueOrchard Finance Ltd. (the “Fund Manager” or “BlueOrchard”), a leading global impact investment manager with more than 21 years of experience and track record in microfinance and financial inclusion, and more than US$4 billion in Assets under Management (“AUM”). IDB Invest BlueOrchard Latin America and the Caribbean Gender, Diversity, and Inclusion Fund S.C.A., SICAV-RAIF IDB Invest Gutierrez Gutierrez, Martha Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Investment Funds 40000000 40000000 40000000 LAC Gender Diversity & Inclusion Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14232-01 IDB Invest The project consists of a warehousing facility for up to TTD300 million Trinidadian Dollars (“TTD”), equivalent to approximately US$44 million and for up to nine years, to promote affordable residential mortgage financing in Trinidad and Tobago. The transaction features a potential exit to local capital market in the form of mortgage-backed security. The use of funds will support TTMF focus on providing affordable residential mortgage financing in Trinidad and Tobago. As a non-deposit taking institution, TTMF relies primarily on intermediate tenor loans and debt capital markets instruments to fund its lending operations. The project consists of a warehousing facility for up to TTD300 million Trinidadian Dollars (“TTD”), equivalent to approximately US$44 million and for up to nine years, to promote affordable residential mortgage financing in Trinidad and Tobago. The transaction features a potential exit to local capital market in the form of mortgage-backed security. The use of funds will support TTMF focus on providing affordable residential mortgage financing in Trinidad and Tobago. As a non-deposit taking institution, TTMF relies primarily on intermediate tenor loans and debt capital markets instruments to fund its lending operations. IDB Invest Trinidad and Tobago Mortgage Finance Company Ltd. ("TTMF") IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Trinidad and Tobago Trinidad and Tobago Financial Institutions 81209600 81209600 81209600 TTMF - Residential Warehousing Facility Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-11805-03 IDB Invest The proposed transaction with First Citizens Bank Limited (“First Citizens” or “FC”) consists of senior unsecured financing of up to US$200 million, with a tenor of up to seven years, to be booked by IDB Invest and IDB Group-managed funds. The purpose of the financing is to support First Citizens’ strategy to: (i) grow its low- and middle-income household mortgage portfolio; (ii) develop digital products and channels for retail and commercial customers; (iii) expand its Small and Medium-Sized Enterprise (“SME”) portfolio; and (iv) establish and expand a sustainable lending portfolio. The proposed transaction with First Citizens Bank Limited (“First Citizens” or “FC”) consists of senior unsecured financing of up to US$200 million, with a tenor of up to seven years, to be booked by IDB Invest and IDB Group-managed funds. The purpose of the financing is to support First Citizens’ strategy to: (i) grow its low- and middle-income household mortgage portfolio; (ii) develop digital products and channels for retail and commercial customers; (iii) expand its Small and Medium-Sized Enterprise (“SME”) portfolio; and (iv) establish and expand a sustainable lending portfolio. IDB Invest First Citizens Bank Limited IDB Invest Marajh, Avinash Franklyn +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Trinidad and Tobago Trinidad and Tobago Financial Institutions 160000000 160000000 160000000 First Citizens Bank: Senior Loan to Support SME Lending and Bank Digitalization in Trinidad & Tobago Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14124-01 IDB Invest The proposed transaction involves a structured financing initiative directed towards DOSTORRES, S.A. (the "Borrower"), supported by Hospitales Nacionales, S.A. This initiative aims to (i) finance the design, construction, operation, and maintenance of Hospital Costa Verde (the "Project"). The hospital complex will be located in the region of Panama Oeste and will be its first third-level private hospital. The project will implement climate resilient infrastructure elements in the design and construction of the hospital as well as attaining an EDGE certification, those measures to be supported by IDB Invest. The proposed transaction involves a structured financing initiative directed towards DOSTORRES, S.A. (the "Borrower"), supported by Hospitales Nacionales, S.A. This initiative aims to (i) finance the design, construction, operation, and maintenance of Hospital Costa Verde (the "Project"). The hospital complex will be located in the region of Panama Oeste and will be its first third-level private hospital. The project will implement climate resilient infrastructure elements in the design and construction of the hospital as well as attaining an EDGE certification, those measures to be supported by IDB Invest. IDB Invest Dostorres S.A. IDB Invest Gomez Velasquez, Johanna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Social Infrastructure 24000000 24000000 24000000 Costa Verde Sustainable Health Complex Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14243-01 IDB Invest The proposed financing to Grupo Copeval consists of a 39-month revolving credit line, with a committed tranche and an uncommitted tranche for up to US$30 million, under which IDB Invest will extend financing for a term of up to 390 days with amortization at maturity, destined for the importation of machinery, inputs and raw materials, which were sold and financed to their agricultural producers. Copeval is the main distributor of agricultural inputs in Chile, with more than 65 years of experience in the market. It has a permanent stock of more than 28,700 products divided into the main lines of agrochemicals, fertilizers, food and grains, veterinary medicine, fuels and lubricants, machinery, seeds, technical irrigation, agricultural hardware, machinery rental and services. To carry out its operations, Copeval has a wide distribution network and a service model for all types of farmers, both multi-item and multi-size. The logistical efficiency of Copeval's distribution network allows it to deliver a comprehensive offer of agricultural inputs with a wide geographical coverage, serving more than 40,000 customers annually. The proposed financing to Grupo Copeval consists of a 39-month revolving credit line, with a committed tranche and an uncommitted tranche for up to US$30 million, under which IDB Invest will extend financing for a term of up to 390 days with amortization at maturity, destined for the importation of machinery, inputs and raw materials, which were sold and financed to their agricultural producers. Copeval is the main distributor of agricultural inputs in Chile, with more than 65 years of experience in the market. It has a permanent stock of more than 28,700 products divided into the main lines of agrochemicals, fertilizers, food and grains, veterinary medicine, fuels and lubricants, machinery, seeds, technical irrigation, agricultural hardware, machinery rental and services. To carry out its operations, Copeval has a wide distribution network and a service model for all types of farmers, both multi-item and multi-size. The logistical efficiency of Copeval's distribution network allows it to deliver a comprehensive offer of agricultural inputs with a wide geographical coverage, serving more than 40,000 customers annually. IDB Invest Copeval S.A. IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Agribusiness 30000000 30000000 30000000 Copeval Import Finance Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14246-01 IDB Invest The transaction consists of a senior unsecured A/B loan for up to US$60 million (the “Project” or the “Loan") to be granted to Banco Davivienda (Costa Rica) S.A. (“Davivienda” or the “Bank”), with a tenor of up to five years from the disbursement date, including a two-year grace period for principal payments. IDB and IDB Invest will provide up to US$30 million in equal shares of US$15 million each for the Loan. The remaining Loan amount will be covered by one or several external lenders (“B Loan"). The main purpose of the financing is to expand the Bank’s green project portfolios and financing in Costa Rica. The Project will also include a technical advisory services component provided by IDB Invest to strengthen new strategies and business niches for the Bank’s green portfolio. The transaction consists of a senior unsecured A/B loan for up to US$60 million (the “Project” or the “Loan") to be granted to Banco Davivienda (Costa Rica) S.A. (“Davivienda” or the “Bank”), with a tenor of up to five years from the disbursement date, including a two-year grace period for principal payments. IDB and IDB Invest will provide up to US$30 million in equal shares of US$15 million each for the Loan. The remaining Loan amount will be covered by one or several external lenders (“B Loan"). The main purpose of the financing is to expand the Bank’s green project portfolios and financing in Costa Rica. The Project will also include a technical advisory services component provided by IDB Invest to strengthen new strategies and business niches for the Bank’s green portfolio. IDB Invest Banco Davivienda (Costa Rica) S.A. IDB Invest Castro Fonseca, Cristie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 15000000 15000000 15000000 Davivienda - Green Finance Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14247-01 IDB Invest The Project consists in the issuance of a sustainable senior unsecured bond, denominated in United States of America dollars (“US$”), issued in the Guatemalan capital market by Banco de América Central S.A. (the “Bank”) through a Bond Issuance Program for up to US$500 million. The first issuance will be for up to US$140 million, with IDB Invest potentially subscribing about US$70 million. The bond will have a term of up to five years, including a grace period of up to 24 months. It is expected to be publicly offered and locally regulated. Other co-investors are expected to participate in further subscriptions under the same program. The Project consists in the issuance of a sustainable senior unsecured bond, denominated in United States of America dollars (“US$”), issued in the Guatemalan capital market by Banco de América Central S.A. (the “Bank”) through a Bond Issuance Program for up to US$500 million. The first issuance will be for up to US$140 million, with IDB Invest potentially subscribing about US$70 million. The bond will have a term of up to five years, including a grace period of up to 24 months. It is expected to be publicly offered and locally regulated. Other co-investors are expected to participate in further subscriptions under the same program. IDB Invest Banco de América Central S.A. (BAC Guatemala) IDB Invest Castro Fonseca, Cristie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Financial Institutions 70000000 70000000 70000000 BAC Guatemala Sustainable Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14264-01 IDB Invest The proposed transaction consists of a mezzanine loan of up to US$10 million, with an estimated term of 7 years. The funds will be used to finance (i) working capital and (ii) capital expansion investments under the company's regional expansion plan. The proposed transaction consists of a mezzanine loan of up to US$10 million, with an estimated term of 7 years. The funds will be used to finance (i) working capital and (ii) capital expansion investments under the company's regional expansion plan. IDB Invest Eurociencia Central America & Caribbean Holdings, S.A. IDB Invest Gonzales Hualcuna, Rony +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Social Infrastructure 10000000 10000000 10000000 Grupociencia - High-Tech Medical Device Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14267-01 IDB Invest IDB Invest is considering a senior loan of up to US$100 million in JMMB Group Limited (the “Company”, the “Group”, or “JMMBGL”) of which up to US$59.3 million will be booked through IDB Invest and IDB Invest managed funds while the remaining amount(s) is expected to be co-financed by third party investors. The Company intends to use the funds to (i) support the future growth opportunities of their MSME (including (women-led); (ii) contribute to the initial development and later growth of its green loan portfolio in Jamaica; and (iii) complement their digitalization strategies towards financial inclusion initiatives. IDB Invest is considering a senior loan of up to US$100 million in JMMB Group Limited (the “Company”, the “Group”, or “JMMBGL”) of which up to US$59.3 million will be booked through IDB Invest and IDB Invest managed funds while the remaining amount(s) is expected to be co-financed by third party investors. The Company intends to use the funds to (i) support the future growth opportunities of their MSME (including (women-led); (ii) contribute to the initial development and later growth of its green loan portfolio in Jamaica; and (iii) complement their digitalization strategies towards financial inclusion initiatives. IDB Invest JMMB Group Limited IDB Invest Marajh, Avinash Franklyn +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Financial Institutions 50000000 50000000 50000000 JMMB Group Senior Loan Funding Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14094-01 IDB Invest The Pamplona - Cúcuta corridor (the “Project”) is part of the fourth generation (“4G”) concessions program led by the Government of Colombia through the National Infrastructure Agency (“ANI”). The Project contemplates the financing, construction, improvement, rehabilitation and maintenance of a 62.00 km long road that connects the towns of Pamplona and Cúcuta (through the municipalities of Pamplona, ​​​​Pamplonita, Chinácota, Bochalema and Los Patios), located in the department of Norte de Santander in Colombia, on the border with Venezuela. The concession contract, whose duration is 25 years, extendable up to 29 years, was awarded in June 2017 to Unión Vial Río Pamplonita S.A.S (“UVRP” or the “Concessionaire”). The Project will enhance commercial competitivity and connectivity of northeastern Colombia with Venezuela and promote the economic and social development of the communities that live in the 9 municipalities under direct influence: Pamplona, Pamplonita, El Diamante, Chinacota, Bochalema, La Donjuana, Los Vados, Los Patios and Cúcuta. The ultimate goal of the Project is to transform the existing infrastructure into a world-class dual carriageway highway, optimizing travel time between the border with Venezuela and the city of Pamplona, and significantly improving the safety and comfort of the road users. Construction activities of the Project began in August 2018. As of May 2022, civil works execution was close to 76% and estimated to be concluded by first half of 2023. The Project was originally funded through a medium-term financing structure (commonly known as "Mini-Perm"). For this reason, it requires a refinancing, in which IDB Invest is expected to participate, helping to mobilize resources from investors in the capital markets. The Pamplona - Cúcuta corridor (the “Project”) is part of the fourth generation (“4G”) concessions program led by the Government of Colombia through the National Infrastructure Agency (“ANI”). The Project contemplates the financing, construction, improvement, rehabilitation and maintenance of a 62.00 km long road that connects the towns of Pamplona and Cúcuta (through the municipalities of Pamplona, ​​​​Pamplonita, Chinácota, Bochalema and Los Patios), located in the department of Norte de Santander in Colombia, on the border with Venezuela. The concession contract, whose duration is 25 years, extendable up to 29 years, was awarded in June 2017 to Unión Vial Río Pamplonita S.A.S (“UVRP” or the “Concessionaire”). The Project will enhance commercial competitivity and connectivity of northeastern Colombia with Venezuela and promote the economic and social development of the communities that live in the 9 municipalities under direct influence: Pamplona, Pamplonita, El Diamante, Chinacota, Bochalema, La Donjuana, Los Vados, Los Patios and Cúcuta. The ultimate goal of the Project is to transform the existing infrastructure into a world-class dual carriageway highway, optimizing travel time between the border with Venezuela and the city of Pamplona, and significantly improving the safety and comfort of the road users. Construction activities of the Project began in August 2018. As of May 2022, civil works execution was close to 76% and estimated to be concluded by first half of 2023. The Project was originally funded through a medium-term financing structure (commonly known as "Mini-Perm"). For this reason, it requires a refinancing, in which IDB Invest is expected to participate, helping to mobilize resources from investors in the capital markets. IDB Invest Union Vial Rio Pamplonita S.A.S. IDB Invest Yan, Shanyue +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Transport 125000000 125000000 125000000 Pamplona-Cúcuta Toll-road - Social Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14281-01 IDB Invest The transaction consists of long-term financing for FRISA INDUSTRIAS, S.A. of C.V. and FRISA FORJADOS, S.A. de C.V., for capital investments partially linked to the start-up of a rolling mill plant (the “Project”), which will be built on the Company's own land located in Nuevo Leon, Mexico. The transaction consists of long-term financing for FRISA INDUSTRIAS, S.A. of C.V. and FRISA FORJADOS, S.A. de C.V., for capital investments partially linked to the start-up of a rolling mill plant (the “Project”), which will be built on the Company's own land located in Nuevo Leon, Mexico. IDB Invest FRISA INDUSTRIAS, S.A. de C.V. IDB Invest Aguirre Hernandez, Alma Iliana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 50000000 50000000 50000000 FRISA II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14298-01 IDB Invest This Transaction consists in subscribing a senior corporate bond for up to USD 20 million over a term of up to 5 years for Corporación El Rosado S.A. (“El Rosado”). It also entails mobilizing resources to complete the cost of the Project, totaling USD 25 million. The use of funds is made up by sustainable investments for the period 2023-2024 related to the production of clean energy, energy efficiency and reduction of CO2 emissions. El Rosado is a company with over 66 years’ experience being one of the largest groups of companies in Ecuador with presence countrywide through its different business lines including the second largest supermarket chain in Ecuador. As from its inception, the Company has been involved in the development of the private and national sector currently being one of the largest employers in Ecuador. This Transaction consists in subscribing a senior corporate bond for up to USD 20 million over a term of up to 5 years for Corporación El Rosado S.A. (“El Rosado”). It also entails mobilizing resources to complete the cost of the Project, totaling USD 25 million. The use of funds is made up by sustainable investments for the period 2023-2024 related to the production of clean energy, energy efficiency and reduction of CO2 emissions. El Rosado is a company with over 66 years’ experience being one of the largest groups of companies in Ecuador with presence countrywide through its different business lines including the second largest supermarket chain in Ecuador. As from its inception, the Company has been involved in the development of the private and national sector currently being one of the largest employers in Ecuador. IDB Invest Corporacion El Rosado S.A. IDB Invest Mendoza Yauri, Franklin Augusto +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing 20000000 20000000 20000000 El Rosado II Bono Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14300-01 IDB Invest On August 2, 2022, Law No. 21,472 (the "MPC Act"), which creates the Tariff Stabilization Fund (the "Fund") and establishes a New Transitional Electricity Price Stabilization Mechanism for Customers subject to Price Regulation, was published in the Official Gazette of the Republic of Chile. The MPC Act regulates the terms and conditions under which electricity tariffs are to be stabilized and paid in the future. The Fund is intended to pay the differences that may arise between invoicing by distribution companies ("DisCos") to end customers for the energy and power component, and the amount payable to generation companies ("GenCos") for the supply of electricity under the contractual conditions in force. On August 2, 2022, Law No. 21,472 (the "MPC Act"), which creates the Tariff Stabilization Fund (the "Fund") and establishes a New Transitional Electricity Price Stabilization Mechanism for Customers subject to Price Regulation, was published in the Official Gazette of the Republic of Chile. The MPC Act regulates the terms and conditions under which electricity tariffs are to be stabilized and paid in the future. The Fund is intended to pay the differences that may arise between invoicing by distribution companies ("DisCos") to end customers for the energy and power component, and the amount payable to generation companies ("GenCos") for the supply of electricity under the contractual conditions in force. IDB Invest Contracted Energy Generation Companies IDB Invest Rivadeneira Arbildua, María Paz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Energy 180000000 180000000 180000000 End-Users Stabilization Tariffs 2022 Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14307-01 IDB Invest In April 2021, Aegea and its subsidiary Águas do Rio (the “Client”) won a concession auction from the Rio de Janeiro Potable Water and Sanitation State Company (“CEDAE”) to provide for 35 years potable water and sewerage services for 99% and 90% of the population, respectively, living in Concession Blocks 1 & 4 in Rio de Janeiro State (the “Project”). Block 1 includes 18 municipalities in Rio de Janeiro State and Rio de Janeiro’s South Zone (State Capital), while Block 4 will cover 8 additional municipalities including the Rio de Janeiro’s North Zone (State Capital). In April 2021, Aegea and its subsidiary Águas do Rio (the “Client”) won a concession auction from the Rio de Janeiro Potable Water and Sanitation State Company (“CEDAE”) to provide for 35 years potable water and sewerage services for 99% and 90% of the population, respectively, living in Concession Blocks 1 & 4 in Rio de Janeiro State (the “Project”). Block 1 includes 18 municipalities in Rio de Janeiro State and Rio de Janeiro’s South Zone (State Capital), while Block 4 will cover 8 additional municipalities including the Rio de Janeiro’s North Zone (State Capital). IDB Invest Águas do Rio SPE 4 S.A. IDB Invest Cabral Da Silva Porto, Adriane +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Water and Sanitation 61507600 61507600 61507600 AEGEA Aguas do Rio - Bloco 4 Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14111-01 IDB Invest The financing will support the design, construction, operation, and maintenance of the Villonaco III wind farm, located in Loja, Ecuador, with an installed capacity of approximately 112 MW, developed under a 25-year concession granted by the Ministry of Energy and Mines. The project includes 19 wind turbine generators, a 33/138 kV step-up substation, an approximately 24.5 km 138 kV transmission line, and the associated civil works required to connect the project to the Loja substation and evacuate energy to the national power system.The project will contribute to the decarbonization and transformation of Ecuador’s energy matrix by generating electricity from renewable sources, supporting the country’s transition toward a cleaner and more sustainable energy system. The energy generated by the project will be sold under long-term power purchase agreements with nine state-owned electricity distribution companies. The financing will support the design, construction, operation, and maintenance of the Villonaco III wind farm, located in Loja, Ecuador, with an installed capacity of approximately 112 MW, developed under a 25-year concession granted by the Ministry of Energy and Mines. The project includes 19 wind turbine generators, a 33/138 kV step-up substation, an approximately 24.5 km 138 kV transmission line, and the associated civil works required to connect the project to the Loja substation and evacuate energy to the national power system.The project will contribute to the decarbonization and transformation of Ecuador’s energy matrix by generating electricity from renewable sources, supporting the country’s transition toward a cleaner and more sustainable energy system. The energy generated by the project will be sold under long-term power purchase agreements with nine state-owned electricity distribution companies. IDB Invest Villonacoenergy S.A. IDB Invest Zuluaga, Andres +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Energy 100000000 100000000 100000000 Villonaco III Wind Project Financing in Ecuador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14309-01 IDB Invest The proposed transaction consists of a Senior Guaranteed loan for up to US$10 million, at a term of 7 years with a grace period of two years and guarantee on assets acceptable to IDB Invest. The funds will be used to finance capital expansion investments to increase crop production and the efficiency of existing operations. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Amendment: An updated version of the Environmental and Social Action Plan (ESAP) has been published on May 5, 2023. The proposed transaction consists of a Senior Guaranteed loan for up to US$10 million, at a term of 7 years with a grace period of two years and guarantee on assets acceptable to IDB Invest. The funds will be used to finance capital expansion investments to increase crop production and the efficiency of existing operations. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Amendment: An updated version of the Environmental and Social Action Plan (ESAP) has been published on May 5, 2023. IDB Invest Pura Fruit Company S.A. IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Agribusiness 10000000 10000000 10000000 Pura Fruit Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14321-01 IDB Invest The proposed transaction consists of a senior secured loan and an A/B Loan for up to US$60 million, for a term of 7 years with a 2-year grace period and collateral guarantees on assets acceptable to IDB Invest. The funds will be used to finance: (i) capital expansion investments to increase productivity and efficiency of existing operations; and (ii) refinancing of financial debt. The proposed transaction consists of a senior secured loan and an A/B Loan for up to US$60 million, for a term of 7 years with a 2-year grace period and collateral guarantees on assets acceptable to IDB Invest. The funds will be used to finance: (i) capital expansion investments to increase productivity and efficiency of existing operations; and (ii) refinancing of financial debt. IDB Invest Promarisco IDB Invest Garcia Garcia, Victor +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Agribusiness 40000000 40000000 40000000 Promarisco Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14330-01 IDB Invest John Fernandes Limited John Fernandes Limited IDB Invest John Fernandes Limited IDB Invest Junco Camacho, Dulce Jocelyn +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guyana Guyana Transport 4000000 4000000 4000000 John Fernandes Limited Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14331-01 IDB Invest The proposed transaction consists of an unsecured loan (the “Loan”) to Cresol Sicoper of up to US$20 million funded as follows: (i) an A loan of up US$10 million to be funded by IDB Invest; and (ii) a co-loan of up to US$10 million to be funded by DEG. The Loan has a four-year tenor, with two years of grace. The Project involves granting Cresol Sicoper funds to grow its lending portfolio for Micro-, Small- and Medium-Sized Enterprises (“MSMEs”) and low-income individuals. Additionally, advisory services are being designed to help Sistema Cresol (the Company’s network of cooperatives) develop a sustainability strategy. The proposed transaction consists of an unsecured loan (the “Loan”) to Cresol Sicoper of up to US$20 million funded as follows: (i) an A loan of up US$10 million to be funded by IDB Invest; and (ii) a co-loan of up to US$10 million to be funded by DEG. The Loan has a four-year tenor, with two years of grace. The Project involves granting Cresol Sicoper funds to grow its lending portfolio for Micro-, Small- and Medium-Sized Enterprises (“MSMEs”) and low-income individuals. Additionally, advisory services are being designed to help Sistema Cresol (the Company’s network of cooperatives) develop a sustainability strategy. IDB Invest CRESOL Sicoper IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 10000000 10000000 10000000 Cresol Sicoper Sustainable Finance Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14334-01 IDB Invest Latin America Kraft Investment, Inc. (“LAKI”), headquartered in Panama, is engaged in the design, prepress, production, and marketing of packaging materials made from a variety of materials. LAKI operates in Central America, Mexico, and the United States and is the holding company of Sigma Q. This transaction consists of short-term working capital and supply chain financing (the “Project”) to support LAKI’s post-pandemic recovery and growth in six of its companies: Cajas y Empaques de Guatemala S.A., Compañía Centroamericana de Papeles y Cartones S.A., and Litografía Byron Zadik, S.A. in Guatemala; Cartonera Centroamericana S.A. de C.V. and Specialty Products S.A. de C.V. in El Salvador; and Cartonera Nacional S.A. in Honduras. These plants produce corrugated, folding carton, luxury packaging, and flexible packaging. The financing of up to US$20 million consists of a committed revolving loan of up to US$15 million and an uncommitted revolving reverse factoring facility of up to US$5 million. These funds will be used to finance (i) working capital needs and support the importation of goods; and (ii) the financing of LAKI’s MSME suppliers through the discounting or monetization of their receivables from the sale of goods and/or services, respectively. Latin America Kraft Investment, Inc. (“LAKI”), headquartered in Panama, is engaged in the design, prepress, production, and marketing of packaging materials made from a variety of materials. LAKI operates in Central America, Mexico, and the United States and is the holding company of Sigma Q. This transaction consists of short-term working capital and supply chain financing (the “Project”) to support LAKI’s post-pandemic recovery and growth in six of its companies: Cajas y Empaques de Guatemala S.A., Compañía Centroamericana de Papeles y Cartones S.A., and Litografía Byron Zadik, S.A. in Guatemala; Cartonera Centroamericana S.A. de C.V. and Specialty Products S.A. de C.V. in El Salvador; and Cartonera Nacional S.A. in Honduras. These plants produce corrugated, folding carton, luxury packaging, and flexible packaging. The financing of up to US$20 million consists of a committed revolving loan of up to US$15 million and an uncommitted revolving reverse factoring facility of up to US$5 million. These funds will be used to finance (i) working capital needs and support the importation of goods; and (ii) the financing of LAKI’s MSME suppliers through the discounting or monetization of their receivables from the sale of goods and/or services, respectively. IDB Invest Latin America Kraft Investment, Inc. IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Manufacturing 50000000 50000000 50000000 Laki: Regional Supply Chain Financing Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14338-01 IDB Invest The Project consists in providing Tier II subordinated financing to Banco de Bogotá for a total amount of up to US$505 million, as follows: (i) the IDB Group will provide an amount of up to US$80 million; and (ii) other co‑investors will provide an amount of up to US$425 million, through a private placement issued by Banco de Bogotá. The term of the financing will be up to 10 years. The resources will be used for strengthening the capital and expanding the green portfolio and social portfolio focused on Micro, Small and Medium-Sized Enterprises (“MSMEs”). The use of funds will allow the issuance to be labeled as sustainable under the International Capital Market Association (“ICMA”) thematic bonds principles. The Project consists in providing Tier II subordinated financing to Banco de Bogotá for a total amount of up to US$505 million, as follows: (i) the IDB Group will provide an amount of up to US$80 million; and (ii) other co‑investors will provide an amount of up to US$425 million, through a private placement issued by Banco de Bogotá. The term of the financing will be up to 10 years. The resources will be used for strengthening the capital and expanding the green portfolio and social portfolio focused on Micro, Small and Medium-Sized Enterprises (“MSMEs”). The use of funds will allow the issuance to be labeled as sustainable under the International Capital Market Association (“ICMA”) thematic bonds principles. IDB Invest Banco de Bogotá S.A. IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 30000000 30000000 30000000 Banco de Bogotá – Subordinated Sustainable Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14339-01 IDB Invest IDB Invest is considering structured financing for LGF Occidente, S.A. de C.V. SOFOM ENR (“Creditas Mexico”), an online platform that offers loans secured by homes and automobile as collaterals in Mexico. The proceeds from the proposed transaction will be used to finance the loan portfolio originated by Creditas Mexico for micro- and small business owners. Creditas Mexico offers loans at affordable interest rates using technology and data analytics to boost operation and distribution efficiency, and considering the collateral value.The proposed transaction is mainly aimed at increasing access to financing for micro- and small business owners. IDB Invest is considering structured financing for LGF Occidente, S.A. de C.V. SOFOM ENR (“Creditas Mexico”), an online platform that offers loans secured by homes and automobile as collaterals in Mexico. The proceeds from the proposed transaction will be used to finance the loan portfolio originated by Creditas Mexico for micro- and small business owners. Creditas Mexico offers loans at affordable interest rates using technology and data analytics to boost operation and distribution efficiency, and considering the collateral value.The proposed transaction is mainly aimed at increasing access to financing for micro- and small business owners. IDB Invest LGF Occidente, S.A. de C.V. SOFOM ENR IDB Invest Nozaki, Hiroshi +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Digital Economy 30000000 30000000 30000000 Creditas Mexico - Structured Financing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14346-01 IDB Invest The proposed transaction consists of a senior loan of up US$10 million (the “Loan”) from IDB Invest. The Loan has a twelve-month tenor, is amortized at maturity, and is renewable for three additional periods of up to 12 months at the discretion of IDB Invest. The project involves funding Progreso to increase its operation (balance) by offering more lending access to Micro, Small, and Medium-Sized Enterprises (“MSMEs”) customers, as well as adding new MSMEs to its portfolio. Additionally, climate-related technical advisory services are being designed. The proposed transaction consists of a senior loan of up US$10 million (the “Loan”) from IDB Invest. The Loan has a twelve-month tenor, is amortized at maturity, and is renewable for three additional periods of up to 12 months at the discretion of IDB Invest. The project involves funding Progreso to increase its operation (balance) by offering more lending access to Micro, Small, and Medium-Sized Enterprises (“MSMEs”) customers, as well as adding new MSMEs to its portfolio. Additionally, climate-related technical advisory services are being designed. IDB Invest Servicios Financieros Progreso S.A. ("Progreso") IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 10000000 10000000 10000000 Partnership for Productive Development with Progreso Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14347-01 IDB Invest This transaction consists of the purchase of a series of R$200 million (~US$38 million), within the public issue of Letras Financeiras that OMNI S.A. Crédito, Financiamento e Investimento (“Omni”) offered to the market for R$500 million (~US$95 million), the remaining R$300 million of which were distributed among Brazilian investors. The average term of the IDB Invest series will be 3.25 years, while the term of the retail series will be two years.The resources will be used to finance credits granted by Omni in projects aimed at the low-income population, which are self-employed drivers who seek to finance a vehicle as a productive asset. This transaction consists of the purchase of a series of R$200 million (~US$38 million), within the public issue of Letras Financeiras that OMNI S.A. Crédito, Financiamento e Investimento (“Omni”) offered to the market for R$500 million (~US$95 million), the remaining R$300 million of which were distributed among Brazilian investors. The average term of the IDB Invest series will be 3.25 years, while the term of the retail series will be two years.The resources will be used to finance credits granted by Omni in projects aimed at the low-income population, which are self-employed drivers who seek to finance a vehicle as a productive asset. IDB Invest OMNI S.A. Crédito, Financiamento e Investimento IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 37730900 37730900 37730900 Omni Brasil: Microfinance Domestic Bond in Brazil Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14348-01 IDB Invest CEPM Green Projects CEPM Green Projects IDB Invest Consorcio Energetico Punta Cana Macao IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Energy 25000000 25000000 25000000 CEPM Green Projects Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14358-01 IDB Invest The Port of Bridgetown Barbados (“BPI”, the “Port” or the “Borrower”) is a combined facility which operates two functions through one port of entry: cruise tourism and cargo operations. BPI, a state-owned entity, is planning to undertake the following activities (the “Project”): the separation of its berths which currently service both operations via the construction of an additional berth (Berth 6) for cargo operations and the purchase of equipment. IDB Invest will therefore provide a corporate loan to BPI for the development of this cargo berth and purchase of equipment. The Port of Bridgetown Barbados (“BPI”, the “Port” or the “Borrower”) is a combined facility which operates two functions through one port of entry: cruise tourism and cargo operations. BPI, a state-owned entity, is planning to undertake the following activities (the “Project”): the separation of its berths which currently service both operations via the construction of an additional berth (Berth 6) for cargo operations and the purchase of equipment. IDB Invest will therefore provide a corporate loan to BPI for the development of this cargo berth and purchase of equipment. IDB Invest Barbados Port Inc IDB Invest Small, Charlene Marie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Barbados Barbados Transport 15000000 15000000 15000000 Barbados Port Inc Berth 6 Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14363-01 IDB Invest The project consists in the design, development, construction, operation and maintenance of (i) two combined cycle power plants with net installed capacity of 430 megawatt (MW) each, totaling 860 MW (contracted capacity of 800 MW), (ii) electricity transmission infrastructure to allow the power plants to inject power into the national grid, (iii) a jetty and related infrastructure to allow the power plants to receive natural gas from a floating storage and regasification unit, all located near the Manzanillo port in the Dominican Republic. The project consists in the design, development, construction, operation and maintenance of (i) two combined cycle power plants with net installed capacity of 430 megawatt (MW) each, totaling 860 MW (contracted capacity of 800 MW), (ii) electricity transmission infrastructure to allow the power plants to inject power into the national grid, (iii) a jetty and related infrastructure to allow the power plants to receive natural gas from a floating storage and regasification unit, all located near the Manzanillo port in the Dominican Republic. IDB Invest Manzanillo Gas & Power S.A. IDB Invest Castillo Montouto, Dario Antonio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Energy 200000000 200000000 200000000 Manzanillo Bay Energy Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14385-01 IDB Invest Development, design, construction, and operation of a greenfield green hydrogen project for the production of a variety of outputs in the downstream hydrogen value chain, including green calcium ammonium nitrate (“CAN”), to be located near Villeta, Paraguay (the “Project”). Phase I of the Project will target the production of up to 250,000 tons of CAN per year. The Sponsor may expand the Project in future phases. Development, design, construction, and operation of a greenfield green hydrogen project for the production of a variety of outputs in the downstream hydrogen value chain, including green calcium ammonium nitrate (“CAN”), to be located near Villeta, Paraguay (the “Project”). Phase I of the Project will target the production of up to 250,000 tons of CAN per year. The Sponsor may expand the Project in future phases. IDB Invest Atome PLC IDB Invest Duhart, Martin Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Energy 135000000 135000000 135000000 Atome: First Green Hydrogen Fertilizer Export Project in Paraguay Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14387-01 IDB Invest The project consists of a financing for Grupo Arzyz, a leader in the nonferrous metals sector in Mexico, of up to $50.2 million to (i) finance the construction and start-up of a new rotary kilns plant, and (ii) the purchase of adjacent land for the future expansion of the plant. This is IDB Invest's second transaction with Grupo Arzyz. The project consists of a financing for Grupo Arzyz, a leader in the nonferrous metals sector in Mexico, of up to $50.2 million to (i) finance the construction and start-up of a new rotary kilns plant, and (ii) the purchase of adjacent land for the future expansion of the plant. This is IDB Invest's second transaction with Grupo Arzyz. IDB Invest Arzyz Industrias, S.A. de C.V. y Marzal Capital, S.A. de C.V. IDB Invest Aguirre Hernandez, Alma Iliana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 30200000 30200000 30200000 VARMOXZ II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14388-01 IDB Invest The proposed transaction consists in a guarantee denominated in bolivianos (BOB) for up to US$15 million to support an issuance in the Bolivian market of Social Gender Bonds in the amount of US$30 million by Banco Solidario, S.A. (“Banco Sol” or the “Bank”), to be financed by IDB Invest (the “Project”). IDB Invest will issue a Partial Credit Guarantee (PCG) for up to 50% of the bond issue in order to improve the rating profile of Banco Sol’s issuance.The resources of the bond will be used to finance micro and small-sized enterprises (“MSEs”) as well as MSEs owned and/or led by women so as to increase their productive investments and economic development. The proposed transaction consists in a guarantee denominated in bolivianos (BOB) for up to US$15 million to support an issuance in the Bolivian market of Social Gender Bonds in the amount of US$30 million by Banco Solidario, S.A. (“Banco Sol” or the “Bank”), to be financed by IDB Invest (the “Project”). IDB Invest will issue a Partial Credit Guarantee (PCG) for up to 50% of the bond issue in order to improve the rating profile of Banco Sol’s issuance.The resources of the bond will be used to finance micro and small-sized enterprises (“MSEs”) as well as MSEs owned and/or led by women so as to increase their productive investments and economic development. IDB Invest Banco Solidario S.A. (BancoSol) IDB Invest Vega Montoro, Henry William +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bolivia Bolivia Financial Institutions 15000000 15000000 15000000 Banco Sol - Social Gender Bond (PCG) Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14395-01 IDB Invest The proposed transaction consists of an unsecured loan to Cresol Baser of up to US$50 million (the “Loan”) funded as follows: (i) an A loan of up US$25 million to be funded by IDB Invest; and (ii) a co‑loan of up to US$25 million to be funded by DEG. The Loan has a four-year tenor, with two years of grace. The Project involves granting Cresol Baser funds to grow its lending portfolio for Micro-, Small- and Medium-Sized Enterprises (“MSMEs”) and low-income individuals. Part of these funds (the amount of which is still to be decided) will be specifically used to support the MSME portfolio in the Amazon region. Additionally, advisory services are being designed to help Sistema Cresol (the Company’s network of cooperatives) develop a sustainability strategy. The proposed transaction consists of an unsecured loan to Cresol Baser of up to US$50 million (the “Loan”) funded as follows: (i) an A loan of up US$25 million to be funded by IDB Invest; and (ii) a co‑loan of up to US$25 million to be funded by DEG. The Loan has a four-year tenor, with two years of grace. The Project involves granting Cresol Baser funds to grow its lending portfolio for Micro-, Small- and Medium-Sized Enterprises (“MSMEs”) and low-income individuals. Part of these funds (the amount of which is still to be decided) will be specifically used to support the MSME portfolio in the Amazon region. Additionally, advisory services are being designed to help Sistema Cresol (the Company’s network of cooperatives) develop a sustainability strategy. IDB Invest Cresol Baser IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 25000000 25000000 25000000 Cresol Baser Sustainable Finance Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14397-01 IDB Invest The Project involves the expansion of the non-conventional renewable energy (NCRE) generation capacity across Argentina for approximately 160MW, based on the expected available new funding to be subscripted through the financing. It is expected that new NCRE projects will reduce annually 257 ktons of CO2 emissions.The estimated total financing will be up to US$ 333.5 million over which IDB Invest will directly contribute up to US$ 33.5 million. The remaining amount will be subscribed by institutional investors who will buy part of IDB Invest’s participation through a special purpose vehicle (“SPV”) that will issue B- Bonds (4(a)2 Notes). The Project involves the expansion of the non-conventional renewable energy (NCRE) generation capacity across Argentina for approximately 160MW, based on the expected available new funding to be subscripted through the financing. It is expected that new NCRE projects will reduce annually 257 ktons of CO2 emissions.The estimated total financing will be up to US$ 333.5 million over which IDB Invest will directly contribute up to US$ 33.5 million. The remaining amount will be subscribed by institutional investors who will buy part of IDB Invest’s participation through a special purpose vehicle (“SPV”) that will issue B- Bonds (4(a)2 Notes). IDB Invest YPF ENERGIA ELECTRICA S.A. IDB Invest Duhart, Martin Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Energy 33500000 33500000 33500000 A/B Green Bond - YPF Luz Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14413-01 IDB Invest IDB Invest announces its intent to become a shareholder of Caja Huancayo to expand financial inclusion in Peru, supporting one of microfinance leaders in the country. This will be achieved by converting its current loan totaling S/57.14 million (approximately $15 million) to an equity investment in Caja Huancayo.Updated project scope and objective: This transaction should be reviewed together with Project CMAC Huancayo (12357-01). IDB Invest announces its intent to become a shareholder of Caja Huancayo to expand financial inclusion in Peru, supporting one of microfinance leaders in the country. This will be achieved by converting its current loan totaling S/57.14 million (approximately $15 million) to an equity investment in Caja Huancayo.Updated project scope and objective: This transaction should be reviewed together with Project CMAC Huancayo (12357-01). IDB Invest CMAC Huancayo IDB Invest Vera Rodulfo, Ana Beatriz del Carmen +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 15915200 15915200 15915200 Caja Huancayo Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14421-01 IDB Invest An up to fifty million United States Dollars (US$50,000,000.00) committed revolving receivables purchase facility to provide liquidity to Consorcio Anillo Hidraúlico S.A., a private consortium in Panama for the execution of civil works to improve Panama Citiy’s tap water system, including the expansion and rehabilitation of the North Panama aqueduct under a construction contract with National Council for the Sustainable Development (CONADES, in its Spanish abbreviation). An up to fifty million United States Dollars (US$50,000,000.00) committed revolving receivables purchase facility to provide liquidity to Consorcio Anillo Hidraúlico S.A., a private consortium in Panama for the execution of civil works to improve Panama Citiy’s tap water system, including the expansion and rehabilitation of the North Panama aqueduct under a construction contract with National Council for the Sustainable Development (CONADES, in its Spanish abbreviation). IDB Invest Ortiz Construcciones y Proyectos, S.A. IDB Invest Junco Camacho, Dulce Jocelyn +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Water and Sanitation 50000000 50000000 50000000 Grupo Ortiz-Water and Sanitation Facility Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14445-01 IDB Invest Bogotá Metro Line 2 Bogotá Metro Line 2 IDB Invest Metro de Bogota IDB Invest Lara Manzano, Ricardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Transport 25000000 25000000 25000000 Bogotá Metro Line 2 Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14444-01 IDB Invest The transaction with Vtal Rede Neutra de Telecomunicaciones S.A. (“Customer” or “Vtal”) will be used to finance the implementation of fiber infrastructure following the CAPEX plan for the coming years, including investments in telecommunication equipment, materials and installations (“Project”). The operation will be structured as a loan, with a final term of 8 years including a 3-year grace period. The project will be developed in all regions of Brazil, in the same locations where Vtal currently operates. The transaction with Vtal Rede Neutra de Telecomunicaciones S.A. (“Customer” or “Vtal”) will be used to finance the implementation of fiber infrastructure following the CAPEX plan for the coming years, including investments in telecommunication equipment, materials and installations (“Project”). The operation will be structured as a loan, with a final term of 8 years including a 3-year grace period. The project will be developed in all regions of Brazil, in the same locations where Vtal currently operates. IDB Invest Vtal Rede Neutra de Telecomunicacoes S.A. IDB Invest Cabanas Britos, Edgar +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Digital Economy 50000000 50000000 50000000 Vtal Neutral Network Infrastructure Operator Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14462-01 IDB Invest Dr. Consulta is a healthcare technology (“HealthTech”) company providing low-cost care delivery to low-income patients with a multi-channel approach in Brazil. The proposal consists of an equity investment of up to USD 12 million in Dr. Consulta Ltd. to support the entity to expand operations through the opening of new clinics, including other regions within Brazil, and to develop its technology and its recently acquired healthcare plans (“Cuidar.me”). The investment of up to US$10 million will take place as preferred convertible stock as part of the ongoing Series D equity round, with an estimated term of 7 years term. An additional 20% uncommitted amount may be contributed exclusively to exercise preemptive rights and/or right of first refusal. Dr. Consulta is a healthcare technology (“HealthTech”) company providing low-cost care delivery to low-income patients with a multi-channel approach in Brazil. The proposal consists of an equity investment of up to USD 12 million in Dr. Consulta Ltd. to support the entity to expand operations through the opening of new clinics, including other regions within Brazil, and to develop its technology and its recently acquired healthcare plans (“Cuidar.me”). The investment of up to US$10 million will take place as preferred convertible stock as part of the ongoing Series D equity round, with an estimated term of 7 years term. An additional 20% uncommitted amount may be contributed exclusively to exercise preemptive rights and/or right of first refusal. IDB Invest Dr. Consulta Ltd. IDB Invest Da Cruz Carneiro, Bruno +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Social Infrastructure 12000000 12000000 12000000 Dr. Consulta Affordable health in Brazil Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14464-01 IDB Invest Texila American University, Guyana (“Texila”) is a private University based in Guyana offering programs in Medicine, Public Health, Business Management and Information Technology. It was established in 2010 and was registered with the National Accreditation Council of Guyana (NACG). Texila is Accredited by the Caribbean Accreditation Authority for Education in Medicine and other Health Professions (CAAM-HP) and the Accreditation Commission on Colleges of Medicine (ACCM) This expansion of the campus consists of the construction of living accommodations for their students and staff (the “Project”). The student hostel will be constructed on the University’s existing premises at Providence and the staff housing will be built at Ellenville approximately 2km from the campus. Under the proposed financing IDB Invest will lend up to US$5 Million. Texila American University, Guyana (“Texila”) is a private University based in Guyana offering programs in Medicine, Public Health, Business Management and Information Technology. It was established in 2010 and was registered with the National Accreditation Council of Guyana (NACG). Texila is Accredited by the Caribbean Accreditation Authority for Education in Medicine and other Health Professions (CAAM-HP) and the Accreditation Commission on Colleges of Medicine (ACCM) This expansion of the campus consists of the construction of living accommodations for their students and staff (the “Project”). The student hostel will be constructed on the University’s existing premises at Providence and the staff housing will be built at Ellenville approximately 2km from the campus. Under the proposed financing IDB Invest will lend up to US$5 Million. IDB Invest TEXILA AMERICAN UNIVERSITY GUYANA IDB Invest Small, Charlene Marie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guyana Guyana Social Infrastructure 5000000 5000000 5000000 Texila American University Guyana Expansion Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14466-01 IDB Invest This transaction consists of a total financing of up to US$30 million to Acería del Ecuador C.A (“Adelca”). Adelca is the leading company in the production and marketing of steel products and derivatives in Ecuador, with an experience spanning 60 years. It focuses on meeting the needs of the construction sector through the wholesale channel and directly to its customers. The proposed financing consists of: (i) a senior committed facility for up to US$15 million to finance imports of inputs for the development of a new steel production line; (ii) a senior uncommitted facility for up to US$10 million for the same use of funds; and (iii) a senior uncommitted loan for up to US$5 million to finance digital transformation projects to optimize its steel manufacturing process. This transaction consists of a total financing of up to US$30 million to Acería del Ecuador C.A (“Adelca”). Adelca is the leading company in the production and marketing of steel products and derivatives in Ecuador, with an experience spanning 60 years. It focuses on meeting the needs of the construction sector through the wholesale channel and directly to its customers. The proposed financing consists of: (i) a senior committed facility for up to US$15 million to finance imports of inputs for the development of a new steel production line; (ii) a senior uncommitted facility for up to US$10 million for the same use of funds; and (iii) a senior uncommitted loan for up to US$5 million to finance digital transformation projects to optimize its steel manufacturing process. IDB Invest Aceria del Ecuador C.A. IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing 30000000 30000000 30000000 Adelca Ecuador - Import Finance Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14468-01 IDB Invest The proposed transaction consists of: (i) a US$25 million senior loan to Danper Trujillo S.A.C. with a term of 10 years including a 2-year grace period, which will be used for agricultural and industrial investments in existing operations in Peru, as well as for structural working capital; and (ii) an unsecured and uncommitted revolving discount line of US$10 million granted to Danper Trujillo S.A.C. to promote financial support and ease of payment of suppliers that make up its supply chain in Peru (IDB Invest will purchase irrevocable and unconditional future-dated payment obligations/accounts payable denominated in US$). The proposed transaction consists of: (i) a US$25 million senior loan to Danper Trujillo S.A.C. with a term of 10 years including a 2-year grace period, which will be used for agricultural and industrial investments in existing operations in Peru, as well as for structural working capital; and (ii) an unsecured and uncommitted revolving discount line of US$10 million granted to Danper Trujillo S.A.C. to promote financial support and ease of payment of suppliers that make up its supply chain in Peru (IDB Invest will purchase irrevocable and unconditional future-dated payment obligations/accounts payable denominated in US$). IDB Invest DANPER TRUJILLO S.A.C. IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Agribusiness 35000000 35000000 35000000 Danper III Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14472-01 IDB Invest The proposed financing consists of a corporate loan to Universidad Peruana Cayetano Heredia (UPCH) to support the construction of a state-of-the-art medical training and simulation complex and to upgrade its existing infrastructure. This project will allow UPCH to accommodate more students and maintain its high-quality education. By training additional health professionals, the university will address the current shortage in the sector and improve the overall quality of human resources in healthcare. This initiative aligns with the key objectives of the Sustainable Health Agenda 2018-2030, endorsed by the Pan American Health Organization. The proposed financing consists of a corporate loan to Universidad Peruana Cayetano Heredia (UPCH) to support the construction of a state-of-the-art medical training and simulation complex and to upgrade its existing infrastructure. This project will allow UPCH to accommodate more students and maintain its high-quality education. By training additional health professionals, the university will address the current shortage in the sector and improve the overall quality of human resources in healthcare. This initiative aligns with the key objectives of the Sustainable Health Agenda 2018-2030, endorsed by the Pan American Health Organization. IDB Invest Universidad Peruana Cayetano Heredia IDB Invest Malpartida Velasquez, Aldo Rafael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Social Infrastructure 35000000 35000000 35000000 Universidad Cayetano Heredia: Infrastructure Expansion Financing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14488-01 IDB Invest IDB Invest is providing a fully underwritten long-term local currency loan for up to 940 million BRL (approximately $200 million) to the Companhia de Saneamento Básico do Estado de São Paulo (SABESP), the largest water and sanitation firm in Latin America, helping 400,000 households benefit from a new sewage connection.This transaction should be reviewed together with Project Sabesp - Tietê River Depollution Project Phase IV (12676-02) IDB Invest is providing a fully underwritten long-term local currency loan for up to 940 million BRL (approximately $200 million) to the Companhia de Saneamento Básico do Estado de São Paulo (SABESP), the largest water and sanitation firm in Latin America, helping 400,000 households benefit from a new sewage connection.This transaction should be reviewed together with Project Sabesp - Tietê River Depollution Project Phase IV (12676-02) IDB Invest Proparco SA IDB Invest Cabral Da Silva Porto, Adriane +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Water and Sanitation 98252400 98252400 98252400 Proparco Sabesp - Tietê River Depollution Project Phase IV Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14491-01 IDB Invest El Viajero Hostels S.A.S. (la “Compañía” o “Viajero") es una compañía establecida en Colombia que opera una cadena regional de hostales bajo la marca Viajero. Fundada en 2005, la Compañía cuenta con 22 hostales en las Américas, de los cuales 8 se encuentran en Colombia, representando así su mayor operación. Viajero es conocido por ofrecer alojamientos económicos con diferentes tipologías, desde dormitorios compartidos hasta habitaciones privadas, así como conceptos de alimentos y bebidas, entretenimiento y espacios de co-working, atendiendo tanto a viajeros internacionales, así como al público local. Viajero está buscando una facilidad de crédito de hasta US$5 millones para financiar su plan de crecimiento y expansión en América Latina, que implica inicialmente el desarrollo de nuevos hostales en Colombia, Perú y México. Adicionalmente, la Compañía tiene como objetivo fortalecer sus prácticas de impacto y sostenibilidad, por lo que desea aprovechar la experiencia de BID Invest y sus servicios de asesoría para amplificar sus programas de sostenibilidad a nivel regional, elevando así su compromiso social y ambiental. El Viajero Hostels S.A.S. (la “Compañía” o “Viajero") es una compañía establecida en Colombia que opera una cadena regional de hostales bajo la marca Viajero. Fundada en 2005, la Compañía cuenta con 22 hostales en las Américas, de los cuales 8 se encuentran en Colombia, representando así su mayor operación. Viajero es conocido por ofrecer alojamientos económicos con diferentes tipologías, desde dormitorios compartidos hasta habitaciones privadas, así como conceptos de alimentos y bebidas, entretenimiento y espacios de co-working, atendiendo tanto a viajeros internacionales, así como al público local. Viajero está buscando una facilidad de crédito de hasta US$5 millones para financiar su plan de crecimiento y expansión en América Latina, que implica inicialmente el desarrollo de nuevos hostales en Colombia, Perú y México. Adicionalmente, la Compañía tiene como objetivo fortalecer sus prácticas de impacto y sostenibilidad, por lo que desea aprovechar la experiencia de BID Invest y sus servicios de asesoría para amplificar sus programas de sostenibilidad a nivel regional, elevando así su compromiso social y ambiental. IDB Invest El Viajero Hostels S.A.S. IDB Invest Bauer Landivar, Luis Alberto +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Tourism 5000000 5000000 5000000 El Viajero Hostels Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14505-01 IDB Invest The transaction involves an unsecured senior A/B loan of up to USD 100 million (the “Project” or the “Loan") to be granted to Global Bank Corporation (“Global Bank” or the “Bank”) with a maximum tenor of five years as from disbursement, including a two-year grace period. IDB Invest will contribute up to US$50 million of the Loan, which will break down as follows: (i) up to US$ 40 million from IDB Invest; and (ii) up to US$10 million through blended financing. One or several third parties will bear the remaining portion (“B Loan”). The Project goals are: (i) providing access to long-term financing; and (ii) supporting the Bank in financing and expanding its green and climate portfolio. Likewise, the Project may have a technical assistance component provided by IDB Invest to support Global Bank in planning and executing the implementation of the recommendations from the Task Force on Climate-related Financial Disclosures (“TCFD”) as regards governance, strategy, products, communication and monitoring issues. Also, recommendations will be made for its environmental, social and governance policies. The transaction involves an unsecured senior A/B loan of up to USD 100 million (the “Project” or the “Loan") to be granted to Global Bank Corporation (“Global Bank” or the “Bank”) with a maximum tenor of five years as from disbursement, including a two-year grace period. IDB Invest will contribute up to US$50 million of the Loan, which will break down as follows: (i) up to US$ 40 million from IDB Invest; and (ii) up to US$10 million through blended financing. One or several third parties will bear the remaining portion (“B Loan”). The Project goals are: (i) providing access to long-term financing; and (ii) supporting the Bank in financing and expanding its green and climate portfolio. Likewise, the Project may have a technical assistance component provided by IDB Invest to support Global Bank in planning and executing the implementation of the recommendations from the Task Force on Climate-related Financial Disclosures (“TCFD”) as regards governance, strategy, products, communication and monitoring issues. Also, recommendations will be made for its environmental, social and governance policies. IDB Invest GLOBAL BANK CORPORATION IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 40000000 40000000 40000000 Global Bank - Climate Financing Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14509-01 IDB Invest The financing facility proposed for CMI Alimentos, one of the major food groups in Central America, consists in a long-term syndicated senior loan to the Borrowers of up to US$250 million, to be funded as follows: (i) US$50 million by IDB Invest and (ii) the rest by other commercial banks and/or IFDs mobilized by IDB Invest (the “Financing”). The transaction is expected to contribute to food safety in Central America by (i) supporting a larger and more efficient production of food in the region; (ii) strengthening the market relations with the regional supply chain; and (iii) supporting income generation for workers and microbusinesses in the Company’s distribution chain, especially women and mainly in the areas with higher levels of poverty and undernutrition. The financing facility proposed for CMI Alimentos, one of the major food groups in Central America, consists in a long-term syndicated senior loan to the Borrowers of up to US$250 million, to be funded as follows: (i) US$50 million by IDB Invest and (ii) the rest by other commercial banks and/or IFDs mobilized by IDB Invest (the “Financing”). The transaction is expected to contribute to food safety in Central America by (i) supporting a larger and more efficient production of food in the region; (ii) strengthening the market relations with the regional supply chain; and (iii) supporting income generation for workers and microbusinesses in the Company’s distribution chain, especially women and mainly in the areas with higher levels of poverty and undernutrition. IDB Invest CMI Alimentos Global S.L. sus subsidiarias en Centroamérica IDB Invest Coello Paz, Mariana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Agribusiness 50000000 50000000 50000000 CMI Alimentos Expansion Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14518-01 IDB Invest This Project involves issuing blue bonds for up to US$50 million in debt securities in Costa Rica for Banco Nacional de Costa Rica (hereinafter, “Banco Nacional”, “BNCR”, the “Bank” or the “Issuer”). BNCR may issue unsecured, theme (blue), ordinary, subordinated bonds. The issuance will break down as follows: (i) IDB Invest may subscribe up to US$25 million; and (ii) additional local and international co-investors may subscribe bonds for up to US$25 million.The proceeds will be used to expand the Bank’s blue portfolio. The use of funds will allow the issuance to be categorized as “blue” under the International Capital Market Association (“ICMA”) thematic bonds principles. This Project involves issuing blue bonds for up to US$50 million in debt securities in Costa Rica for Banco Nacional de Costa Rica (hereinafter, “Banco Nacional”, “BNCR”, the “Bank” or the “Issuer”). BNCR may issue unsecured, theme (blue), ordinary, subordinated bonds. The issuance will break down as follows: (i) IDB Invest may subscribe up to US$25 million; and (ii) additional local and international co-investors may subscribe bonds for up to US$25 million.The proceeds will be used to expand the Bank’s blue portfolio. The use of funds will allow the issuance to be categorized as “blue” under the International Capital Market Association (“ICMA”) thematic bonds principles. IDB Invest BANCO NACIONAL DE COSTA RICA IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Financial Institutions 25000000 25000000 25000000 Banco Nacional de Costa Rica - Blue Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14515-01 IDB Invest IDB Invest is considering an equity investment of up to US$10 million in Portland Caribbean Fund III (“Portland III” or “the Fund”) (inclusive of seeking a US$3 million Blended Finance equity participation with resources from IDB Invest’s administered funds) that Portland Private Equity (“Portland” or the “Fund Manager”) is raising. This multisector fund has a US$150-200 million target focused on medium‑sized companies in the Caribbean basin. As a pioneer investor in the Caribbean with a strong sustainability practice, Portland is one of IDB Invest’s strategic partners in the region, based on extensive experience and a deep regional network. IDB Invest is an existing investor in and lender to Portland’s prior fund, which is currently divesting. Portland III is committed to making social investments by providing funding for gender responsive businesses as per 2X Challenge criteria.[1] Additionally, the Fund aims to contribute to the United Nations’ Sustainable Development Goals (“SDGs”), with a focus on the following SDGs: gender equality and reduced inequalities (SDG 5 and SDG 10); decent work and quality jobs (SDG 8); industry, innovation, and infrastructure (SDG 9); responsible consumption and production (SDG 12); and climate action (SDG 13). Additional SDGs will be supported through Portland III’s overall environmental and social program. IDB Invest would provide Climate Technical Assistance. IDB Invest’s relatively small participation would have a strong catalytic effect, triggering an increased Fund Manager commitment and allowing the Fund to reach its minimum US$100 million first closing. [1] Entrepreneurship – 51% women ownership or the business is founded by a woman. Leadership – 30% women in senior leadership or 30% women on the Board or Investment Committee IDB Invest is considering an equity investment of up to US$10 million in Portland Caribbean Fund III (“Portland III” or “the Fund”) (inclusive of seeking a US$3 million Blended Finance equity participation with resources from IDB Invest’s administered funds) that Portland Private Equity (“Portland” or the “Fund Manager”) is raising. This multisector fund has a US$150-200 million target focused on medium‑sized companies in the Caribbean basin. As a pioneer investor in the Caribbean with a strong sustainability practice, Portland is one of IDB Invest’s strategic partners in the region, based on extensive experience and a deep regional network. IDB Invest is an existing investor in and lender to Portland’s prior fund, which is currently divesting. Portland III is committed to making social investments by providing funding for gender responsive businesses as per 2X Challenge criteria.[1] Additionally, the Fund aims to contribute to the United Nations’ Sustainable Development Goals (“SDGs”), with a focus on the following SDGs: gender equality and reduced inequalities (SDG 5 and SDG 10); decent work and quality jobs (SDG 8); industry, innovation, and infrastructure (SDG 9); responsible consumption and production (SDG 12); and climate action (SDG 13). Additional SDGs will be supported through Portland III’s overall environmental and social program. IDB Invest would provide Climate Technical Assistance. IDB Invest’s relatively small participation would have a strong catalytic effect, triggering an increased Fund Manager commitment and allowing the Fund to reach its minimum US$100 million first closing. [1] Entrepreneurship – 51% women ownership or the business is founded by a woman. Leadership – 30% women in senior leadership or 30% women on the Board or Investment Committee IDB Invest Portland Private Equity II, Ltd. IDB Invest Donelli, Marcelo Henrique +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Investment Funds 7000000 7000000 7000000 Portland Caribbean Fund III Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14523-01 IDB Invest The Troncal del Magdalena II project (the “Project) is the fourth project of the fifth generation (“5G”) concession program led by the Government of Colombia through its National Infrastructure Agency (“ANI”). The Project is being executed by Autopista del Rio Grande S.A.S. (the “Concessionaire” or the “Client”), formed by KMA Construcciones S.A. (50%) and Ortiz Construcciones y Proyectos S.A. (50%). The Project considers the financing, construction, improvement, rehabilitation, and maintenance of the Sabana de Torres–Curumaní road (the “Corridor”), which is 272 km long and joins the towns of Sabana de Torres, located in the Department of Santander, with Curumaní, located in the Department of Cesar, running through a small portion of the Department of Norte de Santander. The Project is currently in pre-construction phase and is estimated to start construction by the end of 2023, during forty-seven (47) months. Afterwards, it will enter in operations phase for a term of 25 years, measured from concession start date (December 01, 2022) The costs of the Project are estimated at approximately US$550 million and will be financed through a bi-currency miniperm (COP/US$) of up to 8 years, which will be refinanced once the Project is close to entering operation phase. Under the proposed financing, IDB Invest will lend up to COP 250,000 million within the less liquid local currency tranche, helping to mobilize resources from local banks. The Troncal del Magdalena II project (the “Project) is the fourth project of the fifth generation (“5G”) concession program led by the Government of Colombia through its National Infrastructure Agency (“ANI”). The Project is being executed by Autopista del Rio Grande S.A.S. (the “Concessionaire” or the “Client”), formed by KMA Construcciones S.A. (50%) and Ortiz Construcciones y Proyectos S.A. (50%). The Project considers the financing, construction, improvement, rehabilitation, and maintenance of the Sabana de Torres–Curumaní road (the “Corridor”), which is 272 km long and joins the towns of Sabana de Torres, located in the Department of Santander, with Curumaní, located in the Department of Cesar, running through a small portion of the Department of Norte de Santander. The Project is currently in pre-construction phase and is estimated to start construction by the end of 2023, during forty-seven (47) months. Afterwards, it will enter in operations phase for a term of 25 years, measured from concession start date (December 01, 2022) The costs of the Project are estimated at approximately US$550 million and will be financed through a bi-currency miniperm (COP/US$) of up to 8 years, which will be refinanced once the Project is close to entering operation phase. Under the proposed financing, IDB Invest will lend up to COP 250,000 million within the less liquid local currency tranche, helping to mobilize resources from local banks. IDB Invest Autopista del Rio Grande S.A.S. IDB Invest Perez, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Transport 63128800 63128800 63128800 Troncal del Magdalena II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14522-01 IDB Invest The Troncal del Magdalena I (the “Project) is the third project of the fifth generation (5G) concession program led by the Government of Colombia through its National Infrastructure Agency (ANI). The Project is being executed by Autopista Magdalena Medio S.A.S. (the “Concessionaire” or the “Client”), formed by KMA Construcciones S.A. (50%) and Ortiz Construcciones y Proyectos S.A. (50%). The Project considers the financing, construction, improvement, rehabilitation, and maintenance of the Puerto Salgar–Barrancabermeja corridor (the “Corridor”), which is 260 km long and joins the towns of Puerto Salgar, located in the Department of Cundinamarca, with Curumaní, Barrancabermeja, located in the Department of Santander, extending through the Department of Boyacá. The Project is currently in pre-construction phase and is estimated to start construction by the end of 2023, during forty-seven (47) months. Afterwards, it will enter in operations phase for a term of 25 years, measured from concession start date (December 01, 2022) The costs of the Project are estimated at approximately US$630 million and will be financed through a bi-currency miniperm (COP/US$) of up to 8 years, which will be refinanced once the Project is close to entering operation phase. Under the proposed financing, IDB Invest will lend up to COP 250,000 million within the less liquid local currency tranche, helping to mobilize resources from local banks. The Troncal del Magdalena I (the “Project) is the third project of the fifth generation (5G) concession program led by the Government of Colombia through its National Infrastructure Agency (ANI). The Project is being executed by Autopista Magdalena Medio S.A.S. (the “Concessionaire” or the “Client”), formed by KMA Construcciones S.A. (50%) and Ortiz Construcciones y Proyectos S.A. (50%). The Project considers the financing, construction, improvement, rehabilitation, and maintenance of the Puerto Salgar–Barrancabermeja corridor (the “Corridor”), which is 260 km long and joins the towns of Puerto Salgar, located in the Department of Cundinamarca, with Curumaní, Barrancabermeja, located in the Department of Santander, extending through the Department of Boyacá. The Project is currently in pre-construction phase and is estimated to start construction by the end of 2023, during forty-seven (47) months. Afterwards, it will enter in operations phase for a term of 25 years, measured from concession start date (December 01, 2022) The costs of the Project are estimated at approximately US$630 million and will be financed through a bi-currency miniperm (COP/US$) of up to 8 years, which will be refinanced once the Project is close to entering operation phase. Under the proposed financing, IDB Invest will lend up to COP 250,000 million within the less liquid local currency tranche, helping to mobilize resources from local banks. IDB Invest Autopista Magdalena Medio S.A.S. IDB Invest Perez, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Transport 63128800 63128800 63128800 Troncal del Magdalena I Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14538-01 IDB Invest The proposed financing to Molinos Agro S.A. consists of: (i) a senior loan for up to US$50 million (“A Loan”), and (ii) a senior loan for up to US$200 million (“B Loan”); with a revolving capital structure every 210 days, designed to ensure its short and medium-term liquidity, financing its working capital program. The purpose of the transaction will be to pre-finance exports of products and commodities sold by the Company. The development objectives of the financing include: (i) increasing value-added production in the agricultural sector and (ii) promoting exports and purchases from the domestic supply chain. Molinos Agro S.A., a company listed on the Buenos Aires Stock Exchange since 2017, which was born in July 2016 as a result of the corporate reorganization that occurred in Molinos Río de la Plata S.A. (founded in 1902). Until then, he represented the Bulk Division within the general structure of Molinos Río de la Plata S.A. It has two main activities: (i) industrialization and marketing of grains and by-products derived from soybeans and (ii) and marketing of cereals. The proposed financing to Molinos Agro S.A. consists of: (i) a senior loan for up to US$50 million (“A Loan”), and (ii) a senior loan for up to US$200 million (“B Loan”); with a revolving capital structure every 210 days, designed to ensure its short and medium-term liquidity, financing its working capital program. The purpose of the transaction will be to pre-finance exports of products and commodities sold by the Company. The development objectives of the financing include: (i) increasing value-added production in the agricultural sector and (ii) promoting exports and purchases from the domestic supply chain. Molinos Agro S.A., a company listed on the Buenos Aires Stock Exchange since 2017, which was born in July 2016 as a result of the corporate reorganization that occurred in Molinos Río de la Plata S.A. (founded in 1902). Until then, he represented the Bulk Division within the general structure of Molinos Río de la Plata S.A. It has two main activities: (i) industrialization and marketing of grains and by-products derived from soybeans and (ii) and marketing of cereals. IDB Invest Molinos Agro S.A. IDB Invest Beretta Tassano, Patricio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Agribusiness 57000000 57000000 57000000 Molinos Agro WK Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14524-01 IDB Invest IDB Invest is considering an equity investment of up to US$10 million (inclusive of a US$5 million Blended Finance equity participation with resources from funds managed by IDB Invest) in the EcoEnterprises Partners IV, LP (the “Fund”), an impact investing fund that will offer tailored growth capital for small and medium nature-based businesses in the Amazonian, Andean, and Meso‑American regions.The Fund will seek to invest in nature-based companies that promote positive environmental and social outcomes, with a focus on: (i) preserving and regenerating biodiversity (such as regenerative agriculture, agroforestry, sustainable aquaculture, and ecotourism); (ii) fostering climate solutions (including alternative proteins, renewable energy, and the circular economy); and (iii) promoting sustainable, inclusive growth (gender-inclusive and women-led companies, businesses that engage with indigenous communities, among others).The Fund will be managed by the EcoEnterprises Capital Group (“EcoEnterprises”), a pioneer women‑founded and managed impact investing firm with a track-record of over 20 years building nature-positive portfolios in Latin America. EcoEnterprises seeks to generate development impact alongside market-level returns by providing long-term growth capital coupled with engaged value‑added services to help scale community-based businesses that contribute to biodiversity conservation, climate solutions, and the creation of inclusive, long-term economic opportunities for underrepresented peoples, including women and indigenous communities. To date, EcoEnterprises has made nearly 50 investments in more than ten different countries. IDB Invest is considering an equity investment of up to US$10 million (inclusive of a US$5 million Blended Finance equity participation with resources from funds managed by IDB Invest) in the EcoEnterprises Partners IV, LP (the “Fund”), an impact investing fund that will offer tailored growth capital for small and medium nature-based businesses in the Amazonian, Andean, and Meso‑American regions.The Fund will seek to invest in nature-based companies that promote positive environmental and social outcomes, with a focus on: (i) preserving and regenerating biodiversity (such as regenerative agriculture, agroforestry, sustainable aquaculture, and ecotourism); (ii) fostering climate solutions (including alternative proteins, renewable energy, and the circular economy); and (iii) promoting sustainable, inclusive growth (gender-inclusive and women-led companies, businesses that engage with indigenous communities, among others).The Fund will be managed by the EcoEnterprises Capital Group (“EcoEnterprises”), a pioneer women‑founded and managed impact investing firm with a track-record of over 20 years building nature-positive portfolios in Latin America. EcoEnterprises seeks to generate development impact alongside market-level returns by providing long-term growth capital coupled with engaged value‑added services to help scale community-based businesses that contribute to biodiversity conservation, climate solutions, and the creation of inclusive, long-term economic opportunities for underrepresented peoples, including women and indigenous communities. To date, EcoEnterprises has made nearly 50 investments in more than ten different countries. IDB Invest EcoEnterprises Partners IV, LP IDB Invest Espinoza Diaz, Jose Alejandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Investment Funds 5000000 5000000 5000000 EcoEnterprises Biodiversity and Climate Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14542-01 IDB Invest The proposed transaction consists of a structured financing to AES Dominicana Renewable Energy S.A. (the “Borrower” or “ADRE”) to (i) finance the design, construction, operation and maintenance of the Mirasol solar project, the Peravia I solar project and the Peravia II solar project; three greenfield Non-Conventional Renewable Energy (“NCRE”) projects totaling 240MWac of installed capacity (the “Greenfield Projects”) and (ii) refinance short-term facilities previously obtained by the Borrower to build the Agua Clara wind project, the Bayasol solar project and the Santanasol solar project; three NCRE projects totaling 150MWac of installed capacity (the “Operating Projects” and together with the Greenfield Projects, the “Warehouse” or the “Project”). The Project will be located in the Dominican Republic (“DR”). The proposed transaction consists of a structured financing to AES Dominicana Renewable Energy S.A. (the “Borrower” or “ADRE”) to (i) finance the design, construction, operation and maintenance of the Mirasol solar project, the Peravia I solar project and the Peravia II solar project; three greenfield Non-Conventional Renewable Energy (“NCRE”) projects totaling 240MWac of installed capacity (the “Greenfield Projects”) and (ii) refinance short-term facilities previously obtained by the Borrower to build the Agua Clara wind project, the Bayasol solar project and the Santanasol solar project; three NCRE projects totaling 150MWac of installed capacity (the “Operating Projects” and together with the Greenfield Projects, the “Warehouse” or the “Project”). The Project will be located in the Dominican Republic (“DR”). IDB Invest AES Dominicana Renewable Energy S.A. IDB Invest Perez Salmeron, Ana Julia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Energy 125000000 125000000 125000000 AES Warehouse Facility for Renewable Projects Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14545-01 IDB Invest FRN Le financement proposé à La Société du Rhum Barbancourt S.A. ("Barbancourt"), une entreprise familiale de cinquième génération et fabricant de rhum internationalement reconnue, Haïtien depuis 1862, consiste au suivant: Un prêt de premier rang d'un montant maximum de US$2,500,000 qui financera : (a) un projet d'énergie solaire photovoltaïque qui fournira de l'énergie pour les besoins en électricité sur site et remplacera les générateurs diesel existants ; et (b) une installation de réutilisation de bouteilles pour permettre à Barbancourt :(i) d'être plus rentable et réduire sa dépendance aux importations, et (ii) de réduire considérablement ses émissions de carbone. Une facilité de crédit de garantie renouvelable et d'un montant maximum de US$2,500,000 pour financer les besoins en fonds de roulement de Barbancourt. ENG The proposed financing to La Société du Rhum Barbancourt S.A. (”Barbancourt”), a fifth generation family led company and award-winning rum maker in Haiti since 1862, consists of the following: A senior loan of up to US$2,500,000 that will finance: (a) a solar panel energy project that will generate energy for on premise electricity needs and replace existing diesel run generators; and (b) a reuse bottles facility to enable Barbancourt to: (i) be more cost efficient and reduce reliance on imports, and (ii) reduce its carbon emissions drastically. An secured revolving credit facility of up to US$2,500,000 to finance Barbancourt´s working capital needs. FRN Le financement proposé à La Société du Rhum Barbancourt S.A. ("Barbancourt"), une entreprise familiale de cinquième génération et fabricant de rhum internationalement reconnue, Haïtien depuis 1862, consiste au suivant: Un prêt de premier rang d'un montant maximum de US$2,500,000 qui financera : (a) un projet d'énergie solaire photovoltaïque qui fournira de l'énergie pour les besoins en électricité sur site et remplacera les générateurs diesel existants ; et (b) une installation de réutilisation de bouteilles pour permettre à Barbancourt :(i) d'être plus rentable et réduire sa dépendance aux importations, et (ii) de réduire considérablement ses émissions de carbone. Une facilité de crédit de garantie renouvelable et d'un montant maximum de US$2,500,000 pour financer les besoins en fonds de roulement de Barbancourt. ENG The proposed financing to La Société du Rhum Barbancourt S.A. (”Barbancourt”), a fifth generation family led company and award-winning rum maker in Haiti since 1862, consists of the following: A senior loan of up to US$2,500,000 that will finance: (a) a solar panel energy project that will generate energy for on premise electricity needs and replace existing diesel run generators; and (b) a reuse bottles facility to enable Barbancourt to: (i) be more cost efficient and reduce reliance on imports, and (ii) reduce its carbon emissions drastically. An secured revolving credit facility of up to US$2,500,000 to finance Barbancourt´s working capital needs. IDB Invest La Societe du Rhum Barbancourt S.A. IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Haiti Haiti Manufacturing 5000000 5000000 5000000 Barbancourt Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14556-01 IDB Invest The proposed US$13 million financing to the Borrowers, consists of: Tranche I (committed): (i) up to US$3 million to support CAPEX investments including the modernization of Derrimon’s distribution center and the implementation of solar panels, and (ii) up to US$5 million of a revolving credit line (390- day tenor) to support Derrimon’s import of goods; Tranche II (uncommitted): facility up to US$5 million for future CAPEX investments. The main impacts of the financing include: (i) reduction of carbon emissions, related the implementation of solar panels, (ii) increasing productivity and competitiveness, (iii) inducing growth and job creation, and (iv) nearshoring and strengthening of regional supply chain (Caribbean region). The proposed US$13 million financing to the Borrowers, consists of: Tranche I (committed): (i) up to US$3 million to support CAPEX investments including the modernization of Derrimon’s distribution center and the implementation of solar panels, and (ii) up to US$5 million of a revolving credit line (390- day tenor) to support Derrimon’s import of goods; Tranche II (uncommitted): facility up to US$5 million for future CAPEX investments. The main impacts of the financing include: (i) reduction of carbon emissions, related the implementation of solar panels, (ii) increasing productivity and competitiveness, (iii) inducing growth and job creation, and (iv) nearshoring and strengthening of regional supply chain (Caribbean region). IDB Invest Derrimon Trading Co. Ltd., Marnock LLC and Marnock Retail LLC IDB Invest Ochoa Sanfeliz, Maria Eugenia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Manufacturing 13000000 13000000 13000000 Derrimon Trading Co. Ltd. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14564-01 IDB Invest The Project consists in an equity investment of up to USD 5 million in Nazca C-Fund I, LP (“Nazca LAC Digital Growth Fund” or the “Fund”), a new regional venture capital growth fund aimed at investing in the most notable high-performing digital-based companies of Nazca Fund I and Fund II to support their high growth potential across Latin America and the Caribbean (LAC). The Fund is incorporated in Canada and is managed by Nazca C-Fund I GP, LLC (“Nazca” or the “Fund Manager”). Established in 2014, Nazca is one of the most active Mexican venture capital (VC) firms in LAC. As of Q4 2022, Nazca successfully raised USD 227 million and invested USD 100 million in three funds with a MOIC of 1.98 (current NAV of USD 195 million). The Fund will invest in successful expanding companies requiring more capital than the one available in Nazca’s initial funds. The Fund will provide capital to young, innovative and fast-growing firms across the region. Thus, it will contribute to job creation, increased productivity and, finally, economic growth. The Project is also expected to enable technology transfers and contribute to improving the development of the Mexican and regional innovation ecosystem. The Project consists in an equity investment of up to USD 5 million in Nazca C-Fund I, LP (“Nazca LAC Digital Growth Fund” or the “Fund”), a new regional venture capital growth fund aimed at investing in the most notable high-performing digital-based companies of Nazca Fund I and Fund II to support their high growth potential across Latin America and the Caribbean (LAC). The Fund is incorporated in Canada and is managed by Nazca C-Fund I GP, LLC (“Nazca” or the “Fund Manager”). Established in 2014, Nazca is one of the most active Mexican venture capital (VC) firms in LAC. As of Q4 2022, Nazca successfully raised USD 227 million and invested USD 100 million in three funds with a MOIC of 1.98 (current NAV of USD 195 million). The Fund will invest in successful expanding companies requiring more capital than the one available in Nazca’s initial funds. The Fund will provide capital to young, innovative and fast-growing firms across the region. Thus, it will contribute to job creation, increased productivity and, finally, economic growth. The Project is also expected to enable technology transfers and contribute to improving the development of the Mexican and regional innovation ecosystem. IDB Invest Mountain Nazca IDB Invest Espinoza Diaz, Jose Alejandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Investment Funds 5000000 5000000 5000000 Nazca Continuity Fund I Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14563-01 IDB Invest The project consists of subscribing a securitization program for social housing loans, which will establish a new business relationship with Titularizadora Colombiana S.A. (“Titularizadora Colombiana”). The issuance of the securities will be carried out through Asset-Backed Securities (“ABS”) backed by social interest housing (VIS) and priority interest housing (VIP) mortgage portfolios originated by Credifamilia in Colombia. The amount of the securitization program is up to COP300 billion, and IDB Invest will participate as an investor in the first issuance of the program by subscribing one of the senior titles to be issued in the secondary market in Colombia, for an amount of up to COP80 billion. Additionally, Titularizadora Colombiana and Credifamilia will subscribe to the remaining securities issued in the first tranche. The project consists of subscribing a securitization program for social housing loans, which will establish a new business relationship with Titularizadora Colombiana S.A. (“Titularizadora Colombiana”). The issuance of the securities will be carried out through Asset-Backed Securities (“ABS”) backed by social interest housing (VIS) and priority interest housing (VIP) mortgage portfolios originated by Credifamilia in Colombia. The amount of the securitization program is up to COP300 billion, and IDB Invest will participate as an investor in the first issuance of the program by subscribing one of the senior titles to be issued in the secondary market in Colombia, for an amount of up to COP80 billion. Additionally, Titularizadora Colombiana and Credifamilia will subscribe to the remaining securities issued in the first tranche. IDB Invest Titularizadora de Colombia S.A. IDB Invest Londono Torres, Nicolas +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 19302500 19302500 19302500 Titularizadora Colombiana: Social Mortgage-Backed Security Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14526-01 IDB Invest IDB Invest is considering an investment of up to US$15 million in responsAbility Sustainable Food – Latam (the “Fund”), marking the first cooperation with experienced impact manager responsAbility (“responsAbility" or “the Fund Manager”). The Fund will make mezzanine investments in fruit & vegetables producers, with an impact strategy on sustainable agriculture throughout LAC, strengthen agriculture value chains with a specific climate focus. This will be responsAbility's first fund entirely dedicated to Latin America and the Caribbean (“LAC”). The Fund will have a pan-LAC scope with a key focus on Mexico, Peru, Colombia, and Chile. The Fund would directly benefit global food security. IDB Invest is considering an investment of up to US$15 million in responsAbility Sustainable Food – Latam (the “Fund”), marking the first cooperation with experienced impact manager responsAbility (“responsAbility" or “the Fund Manager”). The Fund will make mezzanine investments in fruit & vegetables producers, with an impact strategy on sustainable agriculture throughout LAC, strengthen agriculture value chains with a specific climate focus. This will be responsAbility's first fund entirely dedicated to Latin America and the Caribbean (“LAC”). The Fund will have a pan-LAC scope with a key focus on Mexico, Peru, Colombia, and Chile. The Fund would directly benefit global food security. IDB Invest responsAbility Investments AG IDB Invest Gutierrez Gutierrez, Martha Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Agribusiness 15000000 15000000 15000000 responsAbility Sustainable Food - Latam I Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14568-01 IDB Invest IDB Invest is considering an equity investment of up to US$5 million in TB I Holdings Ltd. (“Tembici” or the “Company”), registered in Cayman Islands and headquartered in Brazil, as part of the Series C equity round. The Client is the leading micro-mobility player in Latin America operating docked bike sharing programs in 4 countries and 13 cities throughout the region. In Brazil, the Company operates in São Paulo, Rio de Janeiro, Riviera, Salvador, Brasilia, Recife, Olinda, Jaboatão and Porto Alegre. In Argentina it covers Buenos Aires and Nordelta. In Colombia it operates in Bogota, and in Chile, in Santiago. Tembici has obtained several key concessions and exclusive permits to operate which provides a strong barrier of entry. Additionally, it has secured long-term (5-15 years) contracts with sponsors and advertisers, which brings recurring and predictable cash flows. The Company’s future growth plan consists in scaling within existing countries and expand to new cities, as it continues to ramp-up operations. IDB Invest is considering an equity investment of up to US$5 million in TB I Holdings Ltd. (“Tembici” or the “Company”), registered in Cayman Islands and headquartered in Brazil, as part of the Series C equity round. The Client is the leading micro-mobility player in Latin America operating docked bike sharing programs in 4 countries and 13 cities throughout the region. In Brazil, the Company operates in São Paulo, Rio de Janeiro, Riviera, Salvador, Brasilia, Recife, Olinda, Jaboatão and Porto Alegre. In Argentina it covers Buenos Aires and Nordelta. In Colombia it operates in Bogota, and in Chile, in Santiago. Tembici has obtained several key concessions and exclusive permits to operate which provides a strong barrier of entry. Additionally, it has secured long-term (5-15 years) contracts with sponsors and advertisers, which brings recurring and predictable cash flows. The Company’s future growth plan consists in scaling within existing countries and expand to new cities, as it continues to ramp-up operations. IDB Invest TB I Holdings Ltd. IDB Invest Navarro Barrero, Maria Paula +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Digital Economy 5668000 5668000 5668000 Tembici Equity Investment Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14585-01 IDB Invest The IDB Invest’s financing of up to US$45 million with a 12 year-tenor to Redstart Investment Guyana Inc. (Redstart Guyana) seeks to support the construction of a distribution center and a commercial complex in Guyana. Redstart Guyana, a real estate developer under common control (ultimate shareholders) as Grupo Unicomer, was incorporated in Guyana in 1991 and specializes in developing and operating various real estate assets, including offices, distribution centers, stores, and services center for the local branch of Unicomer Group and third-party clients. The expected development impacts of IDB Invest’s financing include: (i) foster growth and job creation; (ii) enhance efficiency; (iii) contribute to domestic supply chain growth; and (iv) increase MSMEs access to economic activity. The IDB Invest’s financing of up to US$45 million with a 12 year-tenor to Redstart Investment Guyana Inc. (Redstart Guyana) seeks to support the construction of a distribution center and a commercial complex in Guyana. Redstart Guyana, a real estate developer under common control (ultimate shareholders) as Grupo Unicomer, was incorporated in Guyana in 1991 and specializes in developing and operating various real estate assets, including offices, distribution centers, stores, and services center for the local branch of Unicomer Group and third-party clients. The expected development impacts of IDB Invest’s financing include: (i) foster growth and job creation; (ii) enhance efficiency; (iii) contribute to domestic supply chain growth; and (iv) increase MSMEs access to economic activity. IDB Invest Redstart Investments Guyana Inc. IDB Invest Bazan, Paola +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guyana Guyana Manufacturing 45000000 45000000 45000000 Redstart Guyana Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14587-01 IDB Invest Sal de Vida (the "Project") is a project for the development, construction, and operation of a lithium facility located in the province of Catamarca in the Salar del Hombre Muerto, approximately 1,400 km northwest of Buenos Aires, Argentina. The project includes the development, construction, and operation of a 15ktpa lithium carbonate project, of predominantly battery grade quality. The transaction will be structured as a 9.5-year senior loan with a 30-month grace period. Lithium is a critical mineral in the global transition to a low-carbon future, as it is one of the most suitable metals for batteries. The demand for lithium-ion batteries has accelerated in recent years due to increasing global demand for electric vehicles (EVs), mobile devices, and networked storage, which has transformed the market dynamics. The Project Company or the Borrower, Galaxy Lithium Sal de Vida S.A., incorporated in Argentina, is a wholly owned subsidiary of Allkem Limited (Allkem), the Sponsor; Allkem is based in Argentina and is listed on the Australian Stock Exchange (ASX: AKE) and the Toronto Stock Exchange (TSX: AKE). Allkem is the result of the merger of equals between Orocobre Limited and Galaxy Resources Limited in August 2021. Allkem is one of the largest lithium chemical companies by production and market capitalization, with a market share of ~10%. Sal de Vida (the "Project") is a project for the development, construction, and operation of a lithium facility located in the province of Catamarca in the Salar del Hombre Muerto, approximately 1,400 km northwest of Buenos Aires, Argentina. The project includes the development, construction, and operation of a 15ktpa lithium carbonate project, of predominantly battery grade quality. The transaction will be structured as a 9.5-year senior loan with a 30-month grace period. Lithium is a critical mineral in the global transition to a low-carbon future, as it is one of the most suitable metals for batteries. The demand for lithium-ion batteries has accelerated in recent years due to increasing global demand for electric vehicles (EVs), mobile devices, and networked storage, which has transformed the market dynamics. The Project Company or the Borrower, Galaxy Lithium Sal de Vida S.A., incorporated in Argentina, is a wholly owned subsidiary of Allkem Limited (Allkem), the Sponsor; Allkem is based in Argentina and is listed on the Australian Stock Exchange (ASX: AKE) and the Toronto Stock Exchange (TSX: AKE). Allkem is the result of the merger of equals between Orocobre Limited and Galaxy Resources Limited in August 2021. Allkem is one of the largest lithium chemical companies by production and market capitalization, with a market share of ~10%. IDB Invest Galaxy Lithium S.A. IDB Invest Parodi, Juan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Manufacturing 50000000 50000000 50000000 Sal de Vida Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14588-01 IDB Invest Founded in 1999 with offices in Panama and Costa Rica, Namu Travel Group has established itself as a leading travel in Central America. Positioning itself as a leader in the travel industry, Namu specializes in creating tailor-made programs and itineraries, with unique and enriching experiences for its clients, which mainly come from the United States and Europe, thus fostering a distinctive link with the region. The group has established close relationships with over a hundred providers, the majority of which are small boutique hotels, tour operators, and tourist carriers, many SMEs. The transaction consists of the provision of a working capital loan for an amount of up to US$5 million, with the objective of directing funds towards these suppliers, through a program of advance purchases of hotel nights, tourism services, or transportation improving effectively the operating capital and cash availability of these service providers. Founded in 1999 with offices in Panama and Costa Rica, Namu Travel Group has established itself as a leading travel in Central America. Positioning itself as a leader in the travel industry, Namu specializes in creating tailor-made programs and itineraries, with unique and enriching experiences for its clients, which mainly come from the United States and Europe, thus fostering a distinctive link with the region. The group has established close relationships with over a hundred providers, the majority of which are small boutique hotels, tour operators, and tourist carriers, many SMEs. The transaction consists of the provision of a working capital loan for an amount of up to US$5 million, with the objective of directing funds towards these suppliers, through a program of advance purchases of hotel nights, tourism services, or transportation improving effectively the operating capital and cash availability of these service providers. IDB Invest Namu Travel IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Tourism 5000000 5000000 5000000 Namu Travel WK Facility Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14594-01 IDB Invest La transacción propuesta consiste en un Préstamo Verde senior garantizado de hasta MXN 800 millones que se otorgará a Proteak Uno SAB de C.V. ("Proteak"), que consiste en: (i) un Préstamo comprometido de hasta MXN 400 millones con un plazo de hasta [diez/doce] años, incluido un período de gracia de [60] meses; y (ii) un préstamo no comprometido de hasta MXN 400 millones con un plazo de hasta [diez/doce] años, incluido un período de gracia de [60] meses (en conjunto, el "Préstamo"). Proteak ha elegido la Melina de manera estratégica debido a que sus características físicas y mecánicas permiten transformarla en diferentes productos por lo que su mercado es amplio. Además, es una especie de rápido crecimiento lo que permite tener un ciclo nuevo cada 6 años.El Préstamo financiará la reproducción de clones, el uso de tierras deforestadas para reforestación y el manejo sostenible de las plantaciones de Melina. Para ser clasificado como préstamo verde, el uso de fondos del proyecto se encuentra, y deberá continuar, alineado a los Principios de Préstamos Verdes de la lista[1]. El Proyecto estará ubicado estratégicamente en la región de Tabasco (México), donde el suelo y el clima aseguran condiciones ideales para este cultivo. [1] Loan Syndications and Trading Association La transacción propuesta consiste en un Préstamo Verde senior garantizado de hasta MXN 800 millones que se otorgará a Proteak Uno SAB de C.V. ("Proteak"), que consiste en: (i) un Préstamo comprometido de hasta MXN 400 millones con un plazo de hasta [diez/doce] años, incluido un período de gracia de [60] meses; y (ii) un préstamo no comprometido de hasta MXN 400 millones con un plazo de hasta [diez/doce] años, incluido un período de gracia de [60] meses (en conjunto, el "Préstamo"). Proteak ha elegido la Melina de manera estratégica debido a que sus características físicas y mecánicas permiten transformarla en diferentes productos por lo que su mercado es amplio. Además, es una especie de rápido crecimiento lo que permite tener un ciclo nuevo cada 6 años.El Préstamo financiará la reproducción de clones, el uso de tierras deforestadas para reforestación y el manejo sostenible de las plantaciones de Melina. Para ser clasificado como préstamo verde, el uso de fondos del proyecto se encuentra, y deberá continuar, alineado a los Principios de Préstamos Verdes de la lista[1]. El Proyecto estará ubicado estratégicamente en la región de Tabasco (México), donde el suelo y el clima aseguran condiciones ideales para este cultivo. [1] Loan Syndications and Trading Association IDB Invest PROTEAK UNO S.A.B. DE C.V. IDB Invest Pasut, Carina Mabel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 22291300 22291300 22291300 PROTEAK - Forestal Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14623-01 IDB Invest The operation aims to provide financing to Micro, Small, and Medium-Sized Enterprises (“MSMEs”) through factoring, leasing, and credit operations in Peru. The proposed financing will consist of: (i) a revolving unsecured loan of up to US$10 million to be funded by IDB Invest; and (ii) a senior B loan of up to US$10 million to be financed through a B-lender. The loan will have a term of up to three years.Additionally, the financing is expected to be accompanied by technical advisory services, defined jointly with the client, to help strengthen their sustainability strategy. The operation aims to provide financing to Micro, Small, and Medium-Sized Enterprises (“MSMEs”) through factoring, leasing, and credit operations in Peru. The proposed financing will consist of: (i) a revolving unsecured loan of up to US$10 million to be funded by IDB Invest; and (ii) a senior B loan of up to US$10 million to be financed through a B-lender. The loan will have a term of up to three years.Additionally, the financing is expected to be accompanied by technical advisory services, defined jointly with the client, to help strengthen their sustainability strategy. IDB Invest Total Servicios Financieros Empresa de Créditos S.A. IDB Invest Vega Montoro, Henry William +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 10000000 10000000 10000000 Total Servicios Financieros: Senior Loan to Support MSMEs in Peru Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14625-01 IDB Invest The financing consists of an unsecured, senior loan of up to US$30 million (the “Financing”, the “Project” or the “Loan””) to Atlantic Bank Limited ("ABL" or the “Bank”) to be comprised as follows: (i) Tranche I consisting of a committed loan in the aggregate amount of up to US$20 million to be funded by IDB Invest with a tenor of up to three years from disbursement date; and (ii) Tranche II consisting of an uncommitted loan in the aggregate amount of up to US$10 million with a tenor of up to three years from disbursement. The main objective of this Project is to support the growth of ABL's Micro, Small and Medium Enterprises (“MSMEs”) portfolio. By increasing the size of this portfolio, the project is expected to generally contribute to increasing financing for the MSME segment in Belize. The Project may include a Technical Assistance (“TA”) to further improve its MSME and Women-led Micro, Small and Medium Enterprises (“WMSMEs") strategy and help ABL develop its Environmental and Social Risk Management Systems (“ESMS”). The financing consists of an unsecured, senior loan of up to US$30 million (the “Financing”, the “Project” or the “Loan””) to Atlantic Bank Limited ("ABL" or the “Bank”) to be comprised as follows: (i) Tranche I consisting of a committed loan in the aggregate amount of up to US$20 million to be funded by IDB Invest with a tenor of up to three years from disbursement date; and (ii) Tranche II consisting of an uncommitted loan in the aggregate amount of up to US$10 million with a tenor of up to three years from disbursement. The main objective of this Project is to support the growth of ABL's Micro, Small and Medium Enterprises (“MSMEs”) portfolio. By increasing the size of this portfolio, the project is expected to generally contribute to increasing financing for the MSME segment in Belize. The Project may include a Technical Assistance (“TA”) to further improve its MSME and Women-led Micro, Small and Medium Enterprises (“WMSMEs") strategy and help ABL develop its Environmental and Social Risk Management Systems (“ESMS”). IDB Invest ATLANTIC BANK LIMITED IDB Invest Joya Silva, Sindy Elena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Belize Belize Financial Institutions 30000000 30000000 30000000 Atlantic Bank: Caribbean Partnership for MSME Development Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14639-01 IDB Invest The project consists of the issuance by Fedecredito (the “Sponsor”) of its first Social Bond with a Gender Lens under its Remittance Securitization Program (“RSP” or the “Program”). The total amount of the Bond is up to US$85 million with a seven-year term. IDB Invest’s subscription will be of up to US$25 million. Other potential investors will participate with up to US$60 million. Under the Program, Fedecrédito (the “Sponsor”) has sold all its rights over its existing and future US-denominated Remittance Rights (“RR”) to Fedecredito Remittance Funding Company, the Special Purpose Vehicle (“SPV”). The SPV issues notes whose repayment of principal and interest is backed by these RR. The payment of the RR from the SPV to Fedecredito is done with the proceeds of the notes issued. This is IDB Invest’s second transaction with Fedecredito’s RSP. The proceeds of the Bond will be aimed at expanding the financing offered by Fedecredito’s Member Entities (“ME”) to Micro, Small and Medium-sized enterprises (“MSMEs”) and Women-led MSME (“WMSME”). The project consists of the issuance by Fedecredito (the “Sponsor”) of its first Social Bond with a Gender Lens under its Remittance Securitization Program (“RSP” or the “Program”). The total amount of the Bond is up to US$85 million with a seven-year term. IDB Invest’s subscription will be of up to US$25 million. Other potential investors will participate with up to US$60 million. Under the Program, Fedecrédito (the “Sponsor”) has sold all its rights over its existing and future US-denominated Remittance Rights (“RR”) to Fedecredito Remittance Funding Company, the Special Purpose Vehicle (“SPV”). The SPV issues notes whose repayment of principal and interest is backed by these RR. The payment of the RR from the SPV to Fedecredito is done with the proceeds of the notes issued. This is IDB Invest’s second transaction with Fedecredito’s RSP. The proceeds of the Bond will be aimed at expanding the financing offered by Fedecredito’s Member Entities (“ME”) to Micro, Small and Medium-sized enterprises (“MSMEs”) and Women-led MSME (“WMSME”). IDB Invest Fedecredito Remittance Funding Company IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions 20000000 20000000 20000000 Fedecredito (DPR 2023) - Women Entrepreneurs Empowerment Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14651-01 IDB Invest The Project consists of an investment of up to US$5m in Fundo de Investimento em Participações – Multiestratégia (“Good Karma Impact Fund” or the “Fund”), a new Brazilian VC growth impact fund which aims to invest in early-growth-stage Brazilian companies, mainly, as well as other LAC companies, with proven business models and high-growth potential, with a core product, or service that promotes a measurable solution to a social and/or environmental challenge. The Fund is incorporated in Brazil, with a feeder structure/fund in the US for non-Brazilian investors and will be managed by Good Karma Ventures Gestora de Recursos LTDA (“Good Karma” or the “Fund Manager”). Established in 2020, Good Karma is a young independent impact investment firm with an experienced investment team with deep knowledge in climate action, healthcare equity and social development. Good Karma’s team has invested more than US$4.7bn in private equity transactions. With a target size of US$100m and a target net US$ IRR of 20%+, the Fund will invest 80% of the capital in approximately 6-8 mature venture-backed companies (Series B+) and 20% in 2 to 4 early-stage companies in sectors such as sustainable agriculture, decarbonization of industrial processes and energy, healthcare, education, and social development. This transaction has a strong fit with IDB Invest strategic focus in supporting climate finance investments, health, and education sectors. It is also an opportunity to keep increasing IDB Invest relevance across all stages of the company life cycles, closing gaps in the “early growth” stage, as well as access to co-financing opportunities in developmental-strategic sectors. The Project consists of an investment of up to US$5m in Fundo de Investimento em Participações – Multiestratégia (“Good Karma Impact Fund” or the “Fund”), a new Brazilian VC growth impact fund which aims to invest in early-growth-stage Brazilian companies, mainly, as well as other LAC companies, with proven business models and high-growth potential, with a core product, or service that promotes a measurable solution to a social and/or environmental challenge. The Fund is incorporated in Brazil, with a feeder structure/fund in the US for non-Brazilian investors and will be managed by Good Karma Ventures Gestora de Recursos LTDA (“Good Karma” or the “Fund Manager”). Established in 2020, Good Karma is a young independent impact investment firm with an experienced investment team with deep knowledge in climate action, healthcare equity and social development. Good Karma’s team has invested more than US$4.7bn in private equity transactions. With a target size of US$100m and a target net US$ IRR of 20%+, the Fund will invest 80% of the capital in approximately 6-8 mature venture-backed companies (Series B+) and 20% in 2 to 4 early-stage companies in sectors such as sustainable agriculture, decarbonization of industrial processes and energy, healthcare, education, and social development. This transaction has a strong fit with IDB Invest strategic focus in supporting climate finance investments, health, and education sectors. It is also an opportunity to keep increasing IDB Invest relevance across all stages of the company life cycles, closing gaps in the “early growth” stage, as well as access to co-financing opportunities in developmental-strategic sectors. IDB Invest GK VENTURES, LP IDB Invest Espinoza Diaz, Jose Alejandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 5000000 5000000 5000000 GoodKarma Impact Fund Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14655-01 IDB Invest Banco BBVA Peru and IDB Invest are evaluating a new operation through an international private issuance of senior Social Bonds that promote the financial inclusion of micro and small enterprises led and/or owned by women. The total amount of the issuance will be in Dollars of the United States of America (“US$”) up to US$200 million, composed as follows: (i) a subscription by IDB Invest for an amount of up to US$75 million; and (ii) an amount mobilized with other co-investors of up to US$125 million. The bonds will have a term of up to five years. The issuance of these bonds will require the approval of the Superintendence of Banks, Insurance and Private Pension Funds (“SBS”). Banco BBVA Peru and IDB Invest are evaluating a new operation through an international private issuance of senior Social Bonds that promote the financial inclusion of micro and small enterprises led and/or owned by women. The total amount of the issuance will be in Dollars of the United States of America (“US$”) up to US$200 million, composed as follows: (i) a subscription by IDB Invest for an amount of up to US$75 million; and (ii) an amount mobilized with other co-investors of up to US$125 million. The bonds will have a term of up to five years. The issuance of these bonds will require the approval of the Superintendence of Banks, Insurance and Private Pension Funds (“SBS”). IDB Invest Banco BBVA Perú IDB Invest Vega Montoro, Henry William +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 75000000 75000000 75000000 BBVA Peru: Social Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14658-01 IDB Invest The transaction consists of a senior unsecured A/B and co-loan for up to US$100 million to BanSicredi, to be structured as follows: (i) an A Loan of up to US$25 million to be financed by IDB Invest; (ii) an A Loan of up to US$60 million to be financed by DEG and Proparco; and (iii) B Loans of up to US$15 million to be financed by institutional investors. The term of the A loan is seven years, with a grace period of one year and semi-annual installments, while the term of the B loans is two years, with interest with bullet repayment. The transaction has as a target to provide the Borrower with long-term senior funds for the financing of sub-loans to its women-led SMEs portfolio. The transaction consists of a senior unsecured A/B and co-loan for up to US$100 million to BanSicredi, to be structured as follows: (i) an A Loan of up to US$25 million to be financed by IDB Invest; (ii) an A Loan of up to US$60 million to be financed by DEG and Proparco; and (iii) B Loans of up to US$15 million to be financed by institutional investors. The term of the A loan is seven years, with a grace period of one year and semi-annual installments, while the term of the B loans is two years, with interest with bullet repayment. The transaction has as a target to provide the Borrower with long-term senior funds for the financing of sub-loans to its women-led SMEs portfolio. IDB Invest BANCO COOPERATIVO SICREDI S.A. IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 30000000 30000000 30000000 Sicredi - Women-Led SMEs Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14673-01 IDB Invest La inversión se destinará a financiar la implementación de infraestructura de fibra siguiendo el plan de CAPEX previsto para subsidiarias de Ufinet los próximos años, incluyendo inversiones en equipos, materiales e instalaciones de telecomunicaciones. La transacción propuesta consiste en (a) una línea de crédito renovable comprometida por un préstamo senior no garantizado de hasta US$50 millones para CAPEX (b) una línea de crédito renovable comprometida por hasta US$20 millones para capital de trabajo, y (c) una línea de factoraje inverso no comprometida de hasta US$30 millones a través de la cual los proveedores locales de Ufinet pueden acceder a términos y condiciones mejorados.En términos de plazo, la línea de CAPEX tendrá una duración de 3.3 años con amortización del principal cada 1,5 años con pago de intereses trimestralmente y un período de disponibilidad de hasta 4.4 años; la línea WK hasta 1,1 años, intereses pagaderos trimestralmente y un único pago de capital al vencimiento con un período de disponibilidad de hasta 5 años; y la línea de Factoraje Inverso hasta 0,6 años con un periodo de disponibilidad de hasta 7 años. La inversión se destinará a financiar la implementación de infraestructura de fibra siguiendo el plan de CAPEX previsto para subsidiarias de Ufinet los próximos años, incluyendo inversiones en equipos, materiales e instalaciones de telecomunicaciones. La transacción propuesta consiste en (a) una línea de crédito renovable comprometida por un préstamo senior no garantizado de hasta US$50 millones para CAPEX (b) una línea de crédito renovable comprometida por hasta US$20 millones para capital de trabajo, y (c) una línea de factoraje inverso no comprometida de hasta US$30 millones a través de la cual los proveedores locales de Ufinet pueden acceder a términos y condiciones mejorados.En términos de plazo, la línea de CAPEX tendrá una duración de 3.3 años con amortización del principal cada 1,5 años con pago de intereses trimestralmente y un período de disponibilidad de hasta 4.4 años; la línea WK hasta 1,1 años, intereses pagaderos trimestralmente y un único pago de capital al vencimiento con un período de disponibilidad de hasta 5 años; y la línea de Factoraje Inverso hasta 0,6 años con un periodo de disponibilidad de hasta 7 años. IDB Invest Ufinet Latam SL IDB Invest Cabanas Britos, Edgar +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Digital Economy 30000000 30000000 30000000 Ufinet Revolving Credit Facility Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14674-01 IDB Invest This transaction consists of a total financing of up to US$48 million, for a term of up to 12 years for Parques Logísticos Effitek S.A.S. (“Parque Logístico Itulpark” or “Itulpark”). The financing will consist of an A tranche of up to US$24 million to be funded with IDB Invest resources, and the difference will be mobilized with third-party resources. Parques Logísticos Effitek S.A.S., is a special purpose company established in Ecuador, incorporated to develop and operate a logistics park of class AAA warehouses, located in the parish of Pifo in the canton of Quito, Ecuador (the “Project”). The land has an area of 15 hectares, with a leasable area of more than 50%, and the difference will be allocated to a maneuvering yard, parking lot, loading and unloading docks, a medical center, among other related services. The Project will be developed in four warehouses and will have modular warehouses of 1,000 m2 –20,000m2, in addition to offering the possibility of customizing the warehouses according to the demands of tenants (“Built to Suit” format) from different economic sectors. This transaction consists of a total financing of up to US$48 million, for a term of up to 12 years for Parques Logísticos Effitek S.A.S. (“Parque Logístico Itulpark” or “Itulpark”). The financing will consist of an A tranche of up to US$24 million to be funded with IDB Invest resources, and the difference will be mobilized with third-party resources. Parques Logísticos Effitek S.A.S., is a special purpose company established in Ecuador, incorporated to develop and operate a logistics park of class AAA warehouses, located in the parish of Pifo in the canton of Quito, Ecuador (the “Project”). The land has an area of 15 hectares, with a leasable area of more than 50%, and the difference will be allocated to a maneuvering yard, parking lot, loading and unloading docks, a medical center, among other related services. The Project will be developed in four warehouses and will have modular warehouses of 1,000 m2 –20,000m2, in addition to offering the possibility of customizing the warehouses according to the demands of tenants (“Built to Suit” format) from different economic sectors. IDB Invest Parques Logisticos Effitek S.A. IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing 24000000 24000000 24000000 Itulpark Logistics Park Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14676-01 IDB Invest The project consists of the design, development, construction, operation and maintenance of a solar photovoltaic power plant with an installed capacity of up to 50 megawatts (MW), an energy storage system with batteries with a capacity of up to 50MW, which is being developed in the Municipality of La Romana in Dominican Republic The project consists of the design, development, construction, operation and maintenance of a solar photovoltaic power plant with an installed capacity of up to 50 megawatts (MW), an energy storage system with batteries with a capacity of up to 50MW, which is being developed in the Municipality of La Romana in Dominican Republic IDB Invest Enertur IDB Invest Biosca, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Energy 33983800 33983800 33983800 Enertur Solar Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14686-01 IDB Invest This transaction consists of an uncommitted revolving reverse factoring facility (the "Factoring Facility") in favor of Grupo Fondería S.A. de C.V. (“Fondería” or the “Company”), for discounting or monetizing credit rights arising from the sale of goods and or services from suppliers to the Company. Fondería is a group engaged in the manufacture of steel products from recycled scrap. The Company has four production plants, all located in the SLP industrial zone, in Mexico. This transaction consists of an uncommitted revolving reverse factoring facility (the "Factoring Facility") in favor of Grupo Fondería S.A. de C.V. (“Fondería” or the “Company”), for discounting or monetizing credit rights arising from the sale of goods and or services from suppliers to the Company. Fondería is a group engaged in the manufacture of steel products from recycled scrap. The Company has four production plants, all located in the SLP industrial zone, in Mexico. IDB Invest Grupo Fonderia S.A. de C.V. IDB Invest Aguirre Hernandez, Alma Iliana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 11000000 11000000 11000000 Fondería: Access to Financing for MSMEs in Mexico (Fonderia SCF) Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14685-01 IDB Invest Responsible Commodities Facility (RCF) Responsible Commodities Facility (RCF) IDB Invest Sustainable Investment Management Ltd (SIM) IDB Invest de Paiva Ferraz, Joao Victor +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Agribusiness 25000000 25000000 25000000 Responsible Commodities Facility (RCF) Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14690-01 IDB Invest The objective of Rio Cobre Water Treatment Plant (the “Project”) is to treat raw water from the Rio Cobre River, pump it into the newly replaced water pipeline and convey the treated water towards Kingston & St. Andrew, Portmore and Spanish Town in Jamaica to reduce the water shortfall. The Project is designed to replace the aged water pipeline, construct new water treatment facilities, and operate them with the proper maintenance to treat 15 million imperial gallons per day of raw water under a public private partnership agreement (the “Water Purchase Agreement”) between the National Water Commission (the “NWC) and the RCWL. Once the project is commissioned, the RCWL will operate and maintain the Project for a period of 23 years, with an option to renew by mutual agreement with the NWC for an additional 5 years.Subject to due diligence, IDB Invest will provide up to US$30 million equivalent in Jamaican dollars as a part of syndicated loans for the RCWL. The project cost is approximately US$75 million in JMD equivalent, and the requested financing amount from the RCWL is up to US$60 million in Jamaican dollar equivalent by means of syndicated loans. The funds raised will be used to finance, build, and commission the Project. The objective of Rio Cobre Water Treatment Plant (the “Project”) is to treat raw water from the Rio Cobre River, pump it into the newly replaced water pipeline and convey the treated water towards Kingston & St. Andrew, Portmore and Spanish Town in Jamaica to reduce the water shortfall. The Project is designed to replace the aged water pipeline, construct new water treatment facilities, and operate them with the proper maintenance to treat 15 million imperial gallons per day of raw water under a public private partnership agreement (the “Water Purchase Agreement”) between the National Water Commission (the “NWC) and the RCWL. Once the project is commissioned, the RCWL will operate and maintain the Project for a period of 23 years, with an option to renew by mutual agreement with the NWC for an additional 5 years.Subject to due diligence, IDB Invest will provide up to US$30 million equivalent in Jamaican dollars as a part of syndicated loans for the RCWL. The project cost is approximately US$75 million in JMD equivalent, and the requested financing amount from the RCWL is up to US$60 million in Jamaican dollar equivalent by means of syndicated loans. The funds raised will be used to finance, build, and commission the Project. IDB Invest Rio Cobre Water Limited IDB Invest Biosca, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Water and Sanitation 40000000 40000000 40000000 Rio Cobre Water Treatment Plant Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14699-01 IDB Invest The Project consists of a financing in Colombian Pesos (“COP”) for an amount equivalent to US$50 million. The financing will have a tenor of five years and will be amortized on its maturity day (bullet). IDB Invest shall be entitled to share the amount of the financing with other investors. The funds will be used to support the growth of the green and social portfolio of Banco Finandina BIC S.A. (“Banco Finandina”, “Finandina” or the “Bank”). The Project consists of a financing in Colombian Pesos (“COP”) for an amount equivalent to US$50 million. The financing will have a tenor of five years and will be amortized on its maturity day (bullet). IDB Invest shall be entitled to share the amount of the financing with other investors. The funds will be used to support the growth of the green and social portfolio of Banco Finandina BIC S.A. (“Banco Finandina”, “Finandina” or the “Bank”). IDB Invest Banco Finandina BIC S.A. IDB Invest Londono Torres, Nicolas +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 30061400 30061400 30061400 Banco Finandina Financing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14700-01 IDB Invest The Project aims to finance Micro, Small and Medium-Sized Enterprises ("MSMEs") through factoring operations in Peru. The proposed financing will consist of a syndicated senior loan of up to US$10 million comprised of: (i) a senior A loan of up to US$5 million financed by IDB Invest; and (ii) a senior B loan of up to US$5 million to be financed through a B lender. The loan will have a term of up to three years.The Project will also enable Factotal Peru S.A. to improve the offer of its financial services to its clients, diversify its sources of funding, and, simultaneously, improve the structure of its assets and liabilities. The Project aims to finance Micro, Small and Medium-Sized Enterprises ("MSMEs") through factoring operations in Peru. The proposed financing will consist of a syndicated senior loan of up to US$10 million comprised of: (i) a senior A loan of up to US$5 million financed by IDB Invest; and (ii) a senior B loan of up to US$5 million to be financed through a B lender. The loan will have a term of up to three years.The Project will also enable Factotal Peru S.A. to improve the offer of its financial services to its clients, diversify its sources of funding, and, simultaneously, improve the structure of its assets and liabilities. IDB Invest Factotal Peru S.A. IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 5000000 5000000 5000000 Alliance with Factotal Peru to Promote Factoring in Peru Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14703-01 IDB Invest The proposed US$5 million financing to the Borrower will support the construction of a state-of-the-art distribution center and the acquisition of new equipment to optimize Trinidad Tissues’ operational capabilities. IDB Invest’s financing will have a 10-year tenor including 24-month grace period. The expected project’s impact encompasses: (i) stimulating growth and job creation; (ii) fostering social and environmental improvements to reduce carbon emissions, (iii) enhancing regional supply chain integration; (iv) improving productivity and competitiveness and expanding capacity resulting in higher operational efficiency while pursuing economies of scale. The proposed US$5 million financing to the Borrower will support the construction of a state-of-the-art distribution center and the acquisition of new equipment to optimize Trinidad Tissues’ operational capabilities. IDB Invest’s financing will have a 10-year tenor including 24-month grace period. The expected project’s impact encompasses: (i) stimulating growth and job creation; (ii) fostering social and environmental improvements to reduce carbon emissions, (iii) enhancing regional supply chain integration; (iv) improving productivity and competitiveness and expanding capacity resulting in higher operational efficiency while pursuing economies of scale. IDB Invest O’meara Investment Limited IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Trinidad and Tobago Trinidad and Tobago Manufacturing 5000000 5000000 5000000 Trinidad Tissues Limited Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14707-01 IDB Invest Total Leasing Finco S.R.L. (Total Finco) is a Costa Rican company focused on the leasing of vehicles, fleets, medical and electronic equipment, as well as machinery and equipment for contracting and various types of companies. Since its founding, Total Finco has focused on providing leasing, mainly to micro, small and medium-sized businesses, as well as entrepreneurs and independent professionals. These sectors mostly do not have access, or this is limited to the traditional financial sector, and Finco has offered them a solution with an agile and secure service, under prudential credit practices. IDB Invest's financing proposal consists of a medium-term loan with two tranches of different maturities, with two objectives to promote: (i) increase financing for MSMEs that are owned, managed or formed mainly by women in more 40% of the program; and (ii) finance productive assets with the following characteristics: sustainable, industrial or commercial, innovation or productive. The loan will have a guarantee in the first degree of priority and order, on the transfer of rights derived from lease contracts that show satisfactory coverage for IDB Invest. Total Leasing Finco S.R.L. (Total Finco) is a Costa Rican company focused on the leasing of vehicles, fleets, medical and electronic equipment, as well as machinery and equipment for contracting and various types of companies. Since its founding, Total Finco has focused on providing leasing, mainly to micro, small and medium-sized businesses, as well as entrepreneurs and independent professionals. These sectors mostly do not have access, or this is limited to the traditional financial sector, and Finco has offered them a solution with an agile and secure service, under prudential credit practices. IDB Invest's financing proposal consists of a medium-term loan with two tranches of different maturities, with two objectives to promote: (i) increase financing for MSMEs that are owned, managed or formed mainly by women in more 40% of the program; and (ii) finance productive assets with the following characteristics: sustainable, industrial or commercial, innovation or productive. The loan will have a guarantee in the first degree of priority and order, on the transfer of rights derived from lease contracts that show satisfactory coverage for IDB Invest. IDB Invest Total Leasing Finco, S.R.L. IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Manufacturing 10000000 10000000 10000000 Finco Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14715-01 IDB Invest The proposed transaction consists of a long-term loan from IDB Invest and IFC to Solengy Haiti S.A., an SME specializing in distributed energy solutions. This financing will support: (i) the acquisition of solar equipment and the extension of sales contracts to commercial and industrial customers, (ii) working capital for initial inventory, and (iii) partial refinancing of existing debt. The financing package consists of: (i) a senior IFC A loan of up to US$3 million; (ii) a senior IDB Invest A Loan of up to US$3 million; (iii) a US$6.0 million loan blended finance loan to be mobilized by the IFC and (iv) a US$1.5 million grant to be mobilized by the IFC. The Financing will consist of a 10-year door-to-door loan, including a 3-year grace period.French (Français): La transaction proposée consiste en un prêt à long terme de la part de BID Invest et de la SFI à Solengy Haiti S.A., une PME spécialisée dans les solutions d’énergie distribuée. Ce financement soutiendra : (i) l'acquisition d'équipements solaires et l'extension des contrats de vente pour des clients commerciaux et industriels, (ii) le fonds de roulement pour les stocks initiaux, et (iii) le refinancement partiel de la dette existante. Le financement comprend : (i) un prêt senior A de la SFI jusqu'à US$ 3 millions ; (ii) un prêt senior A de BID Invest jusqu'à US$ 3 millions; (iii) un prêt de financement mixte de US$ 6,0 millions mobilisé par la SFI ; et (iv) une subvention de jusqu'à US$ 1,5 million mobilisée par la SFI. Le prêt présentera un terme 10 ans, avec une période de grâce de 3 ans. The proposed transaction consists of a long-term loan from IDB Invest and IFC to Solengy Haiti S.A., an SME specializing in distributed energy solutions. This financing will support: (i) the acquisition of solar equipment and the extension of sales contracts to commercial and industrial customers, (ii) working capital for initial inventory, and (iii) partial refinancing of existing debt. The financing package consists of: (i) a senior IFC A loan of up to US$3 million; (ii) a senior IDB Invest A Loan of up to US$3 million; (iii) a US$6.0 million loan blended finance loan to be mobilized by the IFC and (iv) a US$1.5 million grant to be mobilized by the IFC. The Financing will consist of a 10-year door-to-door loan, including a 3-year grace period.French (Français): La transaction proposée consiste en un prêt à long terme de la part de BID Invest et de la SFI à Solengy Haiti S.A., une PME spécialisée dans les solutions d’énergie distribuée. Ce financement soutiendra : (i) l'acquisition d'équipements solaires et l'extension des contrats de vente pour des clients commerciaux et industriels, (ii) le fonds de roulement pour les stocks initiaux, et (iii) le refinancement partiel de la dette existante. Le financement comprend : (i) un prêt senior A de la SFI jusqu'à US$ 3 millions ; (ii) un prêt senior A de BID Invest jusqu'à US$ 3 millions; (iii) un prêt de financement mixte de US$ 6,0 millions mobilisé par la SFI ; et (iv) une subvention de jusqu'à US$ 1,5 million mobilisée par la SFI. Le prêt présentera un terme 10 ans, avec une période de grâce de 3 ans. IDB Invest Solengy Haiti S.A. IDB Invest Secco Viana, Juan Cruz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Haiti Haiti Energy 3000000 3000000 3000000 Solengy Haiti: Co-Loan for Solar PV Solutions Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14718-01 IDB Invest The proposed financing consists of a facility in which IDB Invest offers the Borrower Exponencial Confirming, as an obligor through a Trust, an uncommitted revolving credit facility. Through this facility, IDB Invest will make a series of disbursements for a capital amount of up to COP$200 thousand million (approximately USD50 million). The objective is to facilitate access to liquidity at competitive prices for suppliers of larger anchor companies (eligible debtors). The final beneficiaries will primarily be micro, small, and medium companies ("MSMEs") that sell their products and services to eligible debtors, who are the ultimate payers of the invoices.Exponencial Confirming as Trustor will use the credits to carry out confirming operations which consist of the purchase of invoices issued by eligible suppliers, mostly MSME companies to facilitate access to immediate liquidity before maturity. Once these invoices have been acquired, the Trust will receive payment of the invoices from the eligible debtor that will be previously approved in the IDB Invest risk area. The proposed financing consists of a facility in which IDB Invest offers the Borrower Exponencial Confirming, as an obligor through a Trust, an uncommitted revolving credit facility. Through this facility, IDB Invest will make a series of disbursements for a capital amount of up to COP$200 thousand million (approximately USD50 million). The objective is to facilitate access to liquidity at competitive prices for suppliers of larger anchor companies (eligible debtors). The final beneficiaries will primarily be micro, small, and medium companies ("MSMEs") that sell their products and services to eligible debtors, who are the ultimate payers of the invoices.Exponencial Confirming as Trustor will use the credits to carry out confirming operations which consist of the purchase of invoices issued by eligible suppliers, mostly MSME companies to facilitate access to immediate liquidity before maturity. Once these invoices have been acquired, the Trust will receive payment of the invoices from the eligible debtor that will be previously approved in the IDB Invest risk area. IDB Invest Exponencial Confirming S.A.S IDB Invest Serrano Rincon, Andres Ricardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Digital Economy 60000000 60000000 60000000 Fideicomiso Exponencial Confirming Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14719-01 IDB Invest IDB Invest will provide financing for an estimated amount of US$12 million for the development of the International School for Development Justice, a project that The University of West Indies seeks to carry out, aiming to be one of the world’s first postgraduate online learning schools dedicated exclusively to programs around sustainability and social justice. Under this project, students will be able to access degrees on sustainability and social justice from anywhere in the world, allowing individuals who may not have had the opportunity to attend a traditional university to pursue higher education. It will also provide programs related to UN Sustainability Goals that currently are not available in the market. IDB Invest will provide financing for an estimated amount of US$12 million for the development of the International School for Development Justice, a project that The University of West Indies seeks to carry out, aiming to be one of the world’s first postgraduate online learning schools dedicated exclusively to programs around sustainability and social justice. Under this project, students will be able to access degrees on sustainability and social justice from anywhere in the world, allowing individuals who may not have had the opportunity to attend a traditional university to pursue higher education. It will also provide programs related to UN Sustainability Goals that currently are not available in the market. IDB Invest University of the West Indies IDB Invest Perez Salmeron, Ana Julia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Social Infrastructure 11500000 11500000 11500000 UWI International School for Development Justice Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14722-01 IDB Invest The project objective is to provide long-term financing for the company's investment plan. The proposed loan from IDB Invest will be for an amount equivalent in Colombian pesos (COP) of up to US$100 million for a period of 12 years.Empresa de Acueducto y Alcantarillado de Bogotá's investment plan includes projects for the expansion, optimization, and renovation of networks, as well as the water and sewerage system in Bogotá. The project objective is to provide long-term financing for the company's investment plan. The proposed loan from IDB Invest will be for an amount equivalent in Colombian pesos (COP) of up to US$100 million for a period of 12 years.Empresa de Acueducto y Alcantarillado de Bogotá's investment plan includes projects for the expansion, optimization, and renovation of networks, as well as the water and sewerage system in Bogotá. IDB Invest Empresa de Acueducto y Alcantarillado de Bogotá ESP IDB Invest Triana Correa, Maria Paula +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Water and Sanitation 94065300 94065300 94065300 EAAB | Water and Sanitation Capex Program in Bogota Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14725-01 IDB Invest The operation consists of a secured A-loan of up to US$26 million with a repayment term of up to ten years to support the expansion of Muneshwers Limited through the acquisition of three (3) gantry cranes and the construction of a hardware store and warehouse. This will allow Muneshwers Limited to improve its operations and accompany Guyana's economic growth. The operation consists of a secured A-loan of up to US$26 million with a repayment term of up to ten years to support the expansion of Muneshwers Limited through the acquisition of three (3) gantry cranes and the construction of a hardware store and warehouse. This will allow Muneshwers Limited to improve its operations and accompany Guyana's economic growth. IDB Invest Muneshwers Limited IDB Invest Junco Camacho, Dulce Jocelyn +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guyana Guyana Transport 26000000 26000000 26000000 Muneshwers Limited Port and Warehouse Facility Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14728-01 IDB Invest The Project consists in granting Caja Municipal de Ahorro y Crédito de Arequipa S.A. (“Caja Arequipa” or the “Caja”) a senior renewable loan of up to an amount in Peruvian Soles (“PEN”) equivalent to US$50 million, broken down as follows: (i) A Loan from IDB Invest in the amount of up to US$30 million; and (ii) B Loan in the amount of up to US$20 million. The tenor of the line is of up to six years with two disbursements per loan, each with a tenor of up to three years. The funds will be earmarked to support the growth of the Micro- and Small-Sized Enterprises (“MSEs”) portfolio led and/or owned by women and other vulnerable groups. In addition, the financing is expected to be paired with technical advisory services defined jointly with the Caja enabling strengthening its sustainability strategy. The Project consists in granting Caja Municipal de Ahorro y Crédito de Arequipa S.A. (“Caja Arequipa” or the “Caja”) a senior renewable loan of up to an amount in Peruvian Soles (“PEN”) equivalent to US$50 million, broken down as follows: (i) A Loan from IDB Invest in the amount of up to US$30 million; and (ii) B Loan in the amount of up to US$20 million. The tenor of the line is of up to six years with two disbursements per loan, each with a tenor of up to three years. The funds will be earmarked to support the growth of the Micro- and Small-Sized Enterprises (“MSEs”) portfolio led and/or owned by women and other vulnerable groups. In addition, the financing is expected to be paired with technical advisory services defined jointly with the Caja enabling strengthening its sustainability strategy. IDB Invest CAJA MUNICIPAL DE AHORRO Y CRÉDITO DE AREQUIPA S.A. IDB Invest Vega Montoro, Henry William +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 30000000 30000000 30000000 Gender and Inclusion Financing with Caja Arequipa Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14731-01 IDB Invest The proposed operation consists of a senior unsecured loan to Ueno Bank S.A. for an amount of up to PYG73,000 million, composed of: (i) Tranche I: a committed tranche consisting of Loan A of up to PYG36,500 million to be financed by IDB Invest, and (ii) Tranche II: an uncommitted tranche consisting of Loan A of up to PYG36,500 million, to be financed by IDB Invest. The operation will have a term of up to three years, with up to one year of grace and quarterly amortization.The funds from the operation will be used to finance Micro, Small, and Medium-Sized Enterprises (“MSMEs”) in local currency and for financial inclusion in Paraguay. The proposed operation consists of a senior unsecured loan to Ueno Bank S.A. for an amount of up to PYG73,000 million, composed of: (i) Tranche I: a committed tranche consisting of Loan A of up to PYG36,500 million to be financed by IDB Invest, and (ii) Tranche II: an uncommitted tranche consisting of Loan A of up to PYG36,500 million, to be financed by IDB Invest. The operation will have a term of up to three years, with up to one year of grace and quarterly amortization.The funds from the operation will be used to finance Micro, Small, and Medium-Sized Enterprises (“MSMEs”) in local currency and for financial inclusion in Paraguay. IDB Invest Ueno Bank S.A. IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 19246600 19246600 19246600 UENO MSMEs and Financial Inclusion Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-12507-01 IDB Invest The Project involves the construction and operation of the Hospital Leri Frizza in partnership with Mount Sinai Hospital in New York, a new tertiary level hospital with 175 beds (expandable to 240) to be located on a 10-hectare site owned by Hospital Leri Frizza in the city of Asunción, Paraguay, with approximately 44,983 m2 of construction that will include state-of-the-art equipment and technology. In addition, a new Prepaid Medicine company will be created whose members will be treated at the new hospital.The cost of the project is estimated at approximately US$250 million and will be financed by a combination of equity contribution, IDB Invest debt financing (up to 40% of the project costs in the case of IDB Invest's direct participation), and third-party financing.The Hospital Leri Frizza in partnership with Mount Sinai Hospital in New York, will offer Paraguay and the entire region a high level of medical services, infrastructure, equipment, and highly trained and qualified medical personnel for the care and well-being of the population. The Project involves the construction and operation of the Hospital Leri Frizza in partnership with Mount Sinai Hospital in New York, a new tertiary level hospital with 175 beds (expandable to 240) to be located on a 10-hectare site owned by Hospital Leri Frizza in the city of Asunción, Paraguay, with approximately 44,983 m2 of construction that will include state-of-the-art equipment and technology. In addition, a new Prepaid Medicine company will be created whose members will be treated at the new hospital.The cost of the project is estimated at approximately US$250 million and will be financed by a combination of equity contribution, IDB Invest debt financing (up to 40% of the project costs in the case of IDB Invest's direct participation), and third-party financing.The Hospital Leri Frizza in partnership with Mount Sinai Hospital in New York, will offer Paraguay and the entire region a high level of medical services, infrastructure, equipment, and highly trained and qualified medical personnel for the care and well-being of the population. IDB Invest Leri Frizza IDB Invest Duhart, Martin Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Social Infrastructure 125000000 125000000 125000000 Hospital Leri Frizza Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14737-01 IDB Invest IDB Invest is proposing an anchor investment of up to US$50 million as a limited partner in VPC Investor Fund W, L.P. (the “Fund”), a debt fund incorporated under the laws of Delaware. The Fund’s strategy is to provide tailor-made and secured financial structures to Technology-Based Financial Institutions (“Fintechs”) across Latin America and the Caribbean (“LAC”). With a target size of US$100 million, the Fund will be structured to mobilize additional US$230 million of investment capital from Victory Park Capital Advisors, LLC (“VPC” or the “Fund Manager”) investor base. Therefore, creating a US$330 million Fintech Credit Facility (“FCF”) to support the development of the Fintech ecosystem in LAC.The Fund will be managed by VPC, an independent investing firm, founded in 2007, with more than US$10 billion of capital invested since inception and an established track record in Fintech debt solutions.With this second transaction with VPC, IDB Invest will not only be supporting one of the leading global alternative investment firms to further expand its operations into the region, but will also promote the development and consolidation of a new and much needed asset class in the market. The Fund will provide flexible debt solutions to Fintechs, currently rarely available in LAC. Supporting increased access to finance to Micro, Small, and Medium-Sized Enterprises (“MSMEs”). IDB Invest is proposing an anchor investment of up to US$50 million as a limited partner in VPC Investor Fund W, L.P. (the “Fund”), a debt fund incorporated under the laws of Delaware. The Fund’s strategy is to provide tailor-made and secured financial structures to Technology-Based Financial Institutions (“Fintechs”) across Latin America and the Caribbean (“LAC”). With a target size of US$100 million, the Fund will be structured to mobilize additional US$230 million of investment capital from Victory Park Capital Advisors, LLC (“VPC” or the “Fund Manager”) investor base. Therefore, creating a US$330 million Fintech Credit Facility (“FCF”) to support the development of the Fintech ecosystem in LAC.The Fund will be managed by VPC, an independent investing firm, founded in 2007, with more than US$10 billion of capital invested since inception and an established track record in Fintech debt solutions.With this second transaction with VPC, IDB Invest will not only be supporting one of the leading global alternative investment firms to further expand its operations into the region, but will also promote the development and consolidation of a new and much needed asset class in the market. The Fund will provide flexible debt solutions to Fintechs, currently rarely available in LAC. Supporting increased access to finance to Micro, Small, and Medium-Sized Enterprises (“MSMEs”). IDB Invest Victory Park Capital Fund II (VPC II) IDB Invest Gutierrez Gutierrez, Martha Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Investment Funds 50000000 50000000 50000000 LAC Fintech Debt Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14758-01 IDB Invest The project consists of designing, maintaining and operating the water and sewage system in the municipalities of Paço do Lumiar and São José de Ribamar, in the state of Maranhão. The aim, in addition to universal water distribution, is to achieve 80% sewage collection and treatment for approximately 328,000 people. The financial plan consists of an IDB Invest loan of up to R$ 500 million, of which R$ 250 million will be guaranteed by the French Development Agency (Proparco) with a term of up to 20 years. The project consists of designing, maintaining and operating the water and sewage system in the municipalities of Paço do Lumiar and São José de Ribamar, in the state of Maranhão. The aim, in addition to universal water distribution, is to achieve 80% sewage collection and treatment for approximately 328,000 people. The financial plan consists of an IDB Invest loan of up to R$ 500 million, of which R$ 250 million will be guaranteed by the French Development Agency (Proparco) with a term of up to 20 years. IDB Invest BRK AMBIENTAL IDB Invest Cavichioli, Gabriela +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Water and Sanitation 44416400 44416400 44416400 BRK Ambiental Maranhão Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14771-01 IDB Invest The transaction involves financing the construction, operation, and maintenance of the Atlas Solar Project, which comprises a photovoltaic park with an installed capacity of 201 MWp / 160 MWac, its transmission line, and associated civil works such as roads, substations, and other necessary infrastructure for energy supply. The project is located in the municipalities of Ibagué and Piedras (Tolima), approximately 200 km from Bogotá D.C. The IDB Invest loan will cover approximately US$55 million of the total estimated project costs of US$160 million. The transaction involves financing the construction, operation, and maintenance of the Atlas Solar Project, which comprises a photovoltaic park with an installed capacity of 201 MWp / 160 MWac, its transmission line, and associated civil works such as roads, substations, and other necessary infrastructure for energy supply. The project is located in the municipalities of Ibagué and Piedras (Tolima), approximately 200 km from Bogotá D.C. The IDB Invest loan will cover approximately US$55 million of the total estimated project costs of US$160 million. IDB Invest Patrimonio Autonomo Atlas e Isagen 1 IDB Invest Fernandez Alvarez de Lugo, Monica +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Energy 56207600 56207600 56207600 Atlas Solar PV Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14776-01 IDB Invest The proposed financing consists of a loan convertible into shares of XANTE&VI S.A.P.I de C.V. for up to MXN 500 million. Through this facility, IDB Invest seeks to support business growth and cover its operating needs, including the acquisition, maintenance, and renovation of homes. The ultimate beneficiaries will be owners of existing homes in the affordable and middle-income segments seeking a source of high liquidity; and new buyers who will have access to a greater supply of affordable, quality housing. The proposed financing consists of a loan convertible into shares of XANTE&VI S.A.P.I de C.V. for up to MXN 500 million. Through this facility, IDB Invest seeks to support business growth and cover its operating needs, including the acquisition, maintenance, and renovation of homes. The ultimate beneficiaries will be owners of existing homes in the affordable and middle-income segments seeking a source of high liquidity; and new buyers who will have access to a greater supply of affordable, quality housing. IDB Invest Xante&VI, S.A.P.I. de C.V. IDB Invest Aguirre Hernandez, Alma Iliana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 25741400 25741400 25741400 Xante Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14777-01 IDB Invest The project consists of the participation of IDB Invest as an anchor investor for an amount of up to MXN$750 million in the issuance of a sustainable bond by Vinte Propiedades Integrales S.A.B. of C.V. to finance working capital for the development of sustainable low-income housing in Mexico. The project consists of the participation of IDB Invest as an anchor investor for an amount of up to MXN$750 million in the issuance of a sustainable bond by Vinte Propiedades Integrales S.A.B. of C.V. to finance working capital for the development of sustainable low-income housing in Mexico. IDB Invest VINTE VIVIENDAS INTEGRALES, S.A.B. de C.V. IDB Invest Aguirre Hernandez, Alma Iliana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Investment Funds 43316800 43316800 43316800 Vinte - Sustainable Bond 2023 Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14787-01 IDB Invest The project consists of providing support to Banco Bilbao Vizcaya Argentaria Colombia S.A. (“BBVA Colombia”), in the issuance of the first green biodiversity bond in the world. The bond issued in the international capital market will be for up to US$70 million, with a three-years tenor. BID Invest will act as a co-investor with a subscription for a total amount of up to US$35 million and the International Finance Corporation (“IFC”) will also participate as a co-investor, with a total amount of up to US$35 million. The financing aims to expand the portfolio of green projects related to biodiversity in Colombia. The project consists of providing support to Banco Bilbao Vizcaya Argentaria Colombia S.A. (“BBVA Colombia”), in the issuance of the first green biodiversity bond in the world. The bond issued in the international capital market will be for up to US$70 million, with a three-years tenor. BID Invest will act as a co-investor with a subscription for a total amount of up to US$35 million and the International Finance Corporation (“IFC”) will also participate as a co-investor, with a total amount of up to US$35 million. The financing aims to expand the portfolio of green projects related to biodiversity in Colombia. IDB Invest Banco Bilbao Vizcaya Argentaria Colombia S.A. IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 35000000 35000000 35000000 BBVA Colombia - Biodiversity Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14795-01 IDB Invest The Project consists of the design, construction, maintenance, and operation of a mechanized waste recovery facility ("MRF") located in the municipality of Brusque in the state of Santa Catarina, Brazil. The MRF will be installed at the entrance to an existing landfill, receive the urban solid waste collected from 15 municipalities in the region, and sort the materials, recovering plastics, paper, tetrapak, steel, and aluminum. The Material Recovery Facility will play a crucial role in the Circular Economy by sorting, processing, and preparing recyclable materials for recycling and reuse. The Project's CAPEX involves civil works for warehouse construction and equipment acquisition. The transaction consists of an 11-year senior secured loan for up to BRL 116 million, to be provided by IDB Invest alongside the Canadian Net Zero and Climate Resilience Accelerator. Given the novelty of this type of project under a Project Finance structure, IDB Invest's participation is crucial in addressing a financing gap for a high-impact environmental sustainability initiative. The Project consists of the design, construction, maintenance, and operation of a mechanized waste recovery facility ("MRF") located in the municipality of Brusque in the state of Santa Catarina, Brazil. The MRF will be installed at the entrance to an existing landfill, receive the urban solid waste collected from 15 municipalities in the region, and sort the materials, recovering plastics, paper, tetrapak, steel, and aluminum. The Material Recovery Facility will play a crucial role in the Circular Economy by sorting, processing, and preparing recyclable materials for recycling and reuse. The Project's CAPEX involves civil works for warehouse construction and equipment acquisition. The transaction consists of an 11-year senior secured loan for up to BRL 116 million, to be provided by IDB Invest alongside the Canadian Net Zero and Climate Resilience Accelerator. Given the novelty of this type of project under a Project Finance structure, IDB Invest's participation is crucial in addressing a financing gap for a high-impact environmental sustainability initiative. IDB Invest Ecotriagem Ltda IDB Invest Vieira Pereira de Almeida, Tomas +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Water and Sanitation 10810800 10810800 10810800 Enhancing Waste Management and Resource Efficiency in Brusque, Brazil Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14796-01 IDB Invest IDB Invest will support GTT’s connectivity strategy, which involves increasing and upgrading its fixed and mobile broadband infrastructure to enhance service quality and meet the evolving needs of customers in data consumption in Guyana. This includes (i) the rollout of fiber optic networks to expand high-speed internet access in Guyana, (ii) migrating 100% of GTT's DSL subscribers (with the shutdown of copper lines), (iii) modernizing GTT’s 4G/4.5G network to fuel data consumption, and (iv) allocating funds for working capital needs. IDB Invest will support GTT’s connectivity strategy, which involves increasing and upgrading its fixed and mobile broadband infrastructure to enhance service quality and meet the evolving needs of customers in data consumption in Guyana. This includes (i) the rollout of fiber optic networks to expand high-speed internet access in Guyana, (ii) migrating 100% of GTT's DSL subscribers (with the shutdown of copper lines), (iii) modernizing GTT’s 4G/4.5G network to fuel data consumption, and (iv) allocating funds for working capital needs. IDB Invest One Communications (Guyana) Inc (formerly GTT Inc.) IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guyana Guyana Digital Economy 40000000 40000000 40000000 GTT – Connectivity and Network Financing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14806-01 IDB Invest The transaction consists of an investment in the Blue like an Orange Sustainable Capital Latin America Fund II (the “Sub-Fund II”), a sub-fund of the Blue like an Orange Sustainable Capital Fund SICAV-SIF SCS (the “Fund”), an impact investment private credit fund that aims at contributing to inclusive and sustainable development, by delivering both strong social impact and market-based risk-adjusted returns in emerging markets.The Sub-Fund II is advised by Blue like an Orange (the "Fund Adviser" or "BlaO"), an impact and sustainability investor with proven track record financing sustainable impact in Latin America and the Caribbean (LAC). The transaction consists of an investment in the Blue like an Orange Sustainable Capital Latin America Fund II (the “Sub-Fund II”), a sub-fund of the Blue like an Orange Sustainable Capital Fund SICAV-SIF SCS (the “Fund”), an impact investment private credit fund that aims at contributing to inclusive and sustainable development, by delivering both strong social impact and market-based risk-adjusted returns in emerging markets.The Sub-Fund II is advised by Blue like an Orange (the "Fund Adviser" or "BlaO"), an impact and sustainability investor with proven track record financing sustainable impact in Latin America and the Caribbean (LAC). IDB Invest Blue like an Orange Sustainable Capital Latin America Fund II IDB Invest Espinoza Diaz, Jose Alejandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Investment Funds 15000000 15000000 15000000 Blue like an Orange Sustainable Capital Latin America Fund II Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14807-01 IDB Invest The project consists of a financing to Mibanco (“Mibanco Perú”) composed by: (i) a senior unsecured renewable loan to be financed by IDB Invest for an amount of up to US$50 million equivalent in soles (“PEN”), which will promote the financial inclusion of Micro, Small, and Medium-Sized Enterprises (“MSMEs”) owned by and/or led by women and other vulnerable groups, and (ii) a parallel loan for an amount of up to US$50 million to be financed by a co-lender. The transaction will have a term of up to three years and bullet repayment. The project consists of a financing to Mibanco (“Mibanco Perú”) composed by: (i) a senior unsecured renewable loan to be financed by IDB Invest for an amount of up to US$50 million equivalent in soles (“PEN”), which will promote the financial inclusion of Micro, Small, and Medium-Sized Enterprises (“MSMEs”) owned by and/or led by women and other vulnerable groups, and (ii) a parallel loan for an amount of up to US$50 million to be financed by a co-lender. The transaction will have a term of up to three years and bullet repayment. IDB Invest MIBANCO BANCO DE LA MICRO EMPRESA S.A. IDB Invest Vega Montoro, Henry William +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 50000000 50000000 50000000 Mibanco: Senior Loan Supporting MSMEs Owned by and/or Led by Women in Peru Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14817-01 IDB Invest The present operation consists of long-term financing for Establecimientos Ancalmo, S.A. de C.V. (“Ancalmo”) for: (i) the conditioning (minor construction) of a new pharmaceutical plant with the aim of improving its operational efficiency, and (ii) the acquisition of machinery and equipment with new production technologies, to enhance productive capacity and optimize resources.With this financing, Ancalmo will be able to modernize its manufacturing capabilities and expand its regional reach. This objective will be achieved under greater climate action commitments for Ancalmo and BID Invest, seeking to ensure that the new industrial facilities achieve an EDGE Certificate for sustainable buildings. This will ensure water and energy savings during their construction and operation phases, under international recognition standards.Similarly, the machinery will consider parameters to maximize energy efficiency, also evaluating the feasibility of using solar energy for its operation. These studies and advisories will be provided as part of the non-financial additionalities of BID Invest within the scope of this operation. The present operation consists of long-term financing for Establecimientos Ancalmo, S.A. de C.V. (“Ancalmo”) for: (i) the conditioning (minor construction) of a new pharmaceutical plant with the aim of improving its operational efficiency, and (ii) the acquisition of machinery and equipment with new production technologies, to enhance productive capacity and optimize resources.With this financing, Ancalmo will be able to modernize its manufacturing capabilities and expand its regional reach. This objective will be achieved under greater climate action commitments for Ancalmo and BID Invest, seeking to ensure that the new industrial facilities achieve an EDGE Certificate for sustainable buildings. This will ensure water and energy savings during their construction and operation phases, under international recognition standards.Similarly, the machinery will consider parameters to maximize energy efficiency, also evaluating the feasibility of using solar energy for its operation. These studies and advisories will be provided as part of the non-financial additionalities of BID Invest within the scope of this operation. IDB Invest Establecimientos Ancalmo S.A. de C.V. IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Manufacturing 10000000 10000000 10000000 Ancalmo Expansion Facility Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14824-01 IDB Invest Productive Business Solutions (“PBS”, the “Client”, the “Company”), is the leading information technology (“IT”) distribution company in the Caribbean, Central and South America with operations in several countries. The Company distributes IT products and offers services such as document management and software integration to leading companies and governmental agencies in the region. The operation in Barbados (the “Project”), serving as the primary beneficiary, aims to utilize funds for capital expenditures (“CAPEX”), working capital, debt refinancing and other general corporate purposes throughout the Caribbean (collectively the “Group”). Productive Business Solutions (“PBS”, the “Client”, the “Company”), is the leading information technology (“IT”) distribution company in the Caribbean, Central and South America with operations in several countries. The Company distributes IT products and offers services such as document management and software integration to leading companies and governmental agencies in the region. The operation in Barbados (the “Project”), serving as the primary beneficiary, aims to utilize funds for capital expenditures (“CAPEX”), working capital, debt refinancing and other general corporate purposes throughout the Caribbean (collectively the “Group”). IDB Invest Productive Business Solutions IDB Invest Taylor, Delicia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Barbados Barbados Digital Economy 40000000 40000000 40000000 PBS: Barbados Revolving Credit Facility and Term Loan Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14826-01 IDB Invest El proyecto consiste en la construcción, operación y mantenimiento de servicios de distribución de agua, recolección y tratamiento de aguas residuales en Manaus, estado de Amazonas, conforme a lo estipulado en el acuerdo de concesión otorgado a Manaus Ambiental S.A (“Aguas de Manaus o AdM”), una empresa constituida bajo las leyes de Brasil (la “Compañía” o el “Concesionario”). La inversión del proyecto (capex) está alineada con los objetivos contractuales de universalización, aumentando la cobertura actual de distribución de agua del 98% al 99% y la cobertura de recolección y tratamiento de aguas residuales del 27% al 90%. El proyecto consiste en la construcción, operación y mantenimiento de servicios de distribución de agua, recolección y tratamiento de aguas residuales en Manaus, estado de Amazonas, conforme a lo estipulado en el acuerdo de concesión otorgado a Manaus Ambiental S.A (“Aguas de Manaus o AdM”), una empresa constituida bajo las leyes de Brasil (la “Compañía” o el “Concesionario”). La inversión del proyecto (capex) está alineada con los objetivos contractuales de universalización, aumentando la cobertura actual de distribución de agua del 98% al 99% y la cobertura de recolección y tratamiento de aguas residuales del 27% al 90%. IDB Invest Manaus Ambiental S.A. IDB Invest Cabral Da Silva Porto, Adriane +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Water and Sanitation 132800000 132800000 132800000 Aguas de Manaus - Expansion CAPEX Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14825-01 IDB Invest The proposed transaction consists of: (i) a Committed Secured Loan of up to US$10 million that may be used by Hada Internacional S.A.S. (Hada Colombia) or Cosméticos Trujillo S.A. de C.V. (Hada Mexico), with the objective of expanding and/or modernizing the Group’s production capacity (“Committed Loan”); (ii) an Uncommitted Secured Loan of up to US$5 million for the same use of funds (“Uncommitted Loan”); and (iii) an uncommitted, unsecured revolving credit line of up to US$10 million (or its equivalent in MXN), to be used by Hada Colombia or Hada Mexico to finance the import and purchase of inputs, primarily to support increased production capacity and meet customer demand (“Import and Purchase Financing”). These financings will be guaranteed by Hada S.A., the holding company of Hada Internacional S.A.S. and Cosméticos Trujillo S.A. de C.V. The proposed transaction consists of: (i) a Committed Secured Loan of up to US$10 million that may be used by Hada Internacional S.A.S. (Hada Colombia) or Cosméticos Trujillo S.A. de C.V. (Hada Mexico), with the objective of expanding and/or modernizing the Group’s production capacity (“Committed Loan”); (ii) an Uncommitted Secured Loan of up to US$5 million for the same use of funds (“Uncommitted Loan”); and (iii) an uncommitted, unsecured revolving credit line of up to US$10 million (or its equivalent in MXN), to be used by Hada Colombia or Hada Mexico to finance the import and purchase of inputs, primarily to support increased production capacity and meet customer demand (“Import and Purchase Financing”). These financings will be guaranteed by Hada S.A., the holding company of Hada Internacional S.A.S. and Cosméticos Trujillo S.A. de C.V. IDB Invest Hada International S.A.S. y Cosméticos Trujillo S.A. de C.V. IDB Invest Mendoza Yauri, Franklin Augusto +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Manufacturing 30000000 30000000 30000000 Grupo Hada: Expansión Regional de la Capacidad de Producción y Mejora del Capital de Trabajo Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14827-01 IDB Invest The proposed project includes an unsecured senior loan to Banco Familiar S.A.E.C.A. for an amount of up to PYG360 billion (the "Loan"), to be financed by IDB Invest, and to be disbursed in tranches. The loan term is up to six years, with a two-year grace period and semi-annual amortization. Project funds will be used to provide local currency financing for microenterprises and small entrepreneurs at the base of the pyramid, promoting financial inclusion in Paraguay. The proposed project includes an unsecured senior loan to Banco Familiar S.A.E.C.A. for an amount of up to PYG360 billion (the "Loan"), to be financed by IDB Invest, and to be disbursed in tranches. The loan term is up to six years, with a two-year grace period and semi-annual amortization. Project funds will be used to provide local currency financing for microenterprises and small entrepreneurs at the base of the pyramid, promoting financial inclusion in Paraguay. IDB Invest BANCO FAMILIAR S.A.E.C.A. IDB Invest Chiancone Stanham, Federico +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 83735200 83735200 83735200 Banco Familiar: Senior Loan to Promote Financial Health in Paraguay Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14834-01 IDB Invest Founded in 1985 in Argentina, Promedon is a leading company in the manufacturing and distribution of high-complexity medical devices, especially in the fields of urology, arthroscopy, gastrointestinal endoscopy, and neurosurgery. Currently, the Promedon Group operates directly in Latin America in Brazil, Chile, Mexico, and Argentina, and in Europe in Germany, Austria, Switzerland, Sweden, Spain, the Netherlands, and Portugal. The proposed operation consists of a medium-term loan to the Company for the development of new products and medical equipment, including clinical trials and product registration in various markets. Founded in 1985 in Argentina, Promedon is a leading company in the manufacturing and distribution of high-complexity medical devices, especially in the fields of urology, arthroscopy, gastrointestinal endoscopy, and neurosurgery. Currently, the Promedon Group operates directly in Latin America in Brazil, Chile, Mexico, and Argentina, and in Europe in Germany, Austria, Switzerland, Sweden, Spain, the Netherlands, and Portugal. The proposed operation consists of a medium-term loan to the Company for the development of new products and medical equipment, including clinical trials and product registration in various markets. IDB Invest Promedon S.A. IDB Invest Diaz Gomez, Anahi +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Social Infrastructure 15000000 15000000 15000000 Supporting Production and Exports of Medical Equipment with Promedon Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14835-01 IDB Invest The objective of the Haiti Smart Meter Project (the “Project”) is to install and operate an electricity smart meter system including up to 100,000 smart meters, its associated facilities, and a pre-paid collection system. The Project focuses on areas in Port-au-Prince and is expected to improve the financial position of Électricité d'Haïti, the government-owned electric utility, by reducing commercial and technical losses.With an estimated Project cost of US$15 million, the financing will consist of an A Loan to be funded by IDB Invest of up to US$4 million and a Blended Finance Subordinated Loan of up to US$8 million to be funded by a Blended Fund managed by IDB Invest which is subject to the availability of Blended Finance funds at the time of request of the funds. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ French (Français): L’objectif du Projet Haiti Smart Meter Project (le “Projet”) est d’installer et d’exploiter un système de compteurs intelligents d’électricité comprenant jusqu’à 100 000 compteurs intelligents, ses installations associées et un système de collecte prépayé. Le Projet se concentre sur les zones de Port-au-Prince et devrait améliorer la situation financière d’Électricité d’Haïti, la compagnie électrique publique, en réduisant les pertes commerciales et techniques. Avec un coût estimé du Projet de 15 millions de dollars américains, le financement consistera en un PrêtA financé par BID Invest jusqu’à 4 millions de dollars américains et un Prêt Subordonné de Financement Mixte jusqu’à 8 millions de dollars américains financé par un Fonds Mixte géré par BID Invest, sous réserve de la disponibilité des fonds de Financement Mixte au moment de la demande des fonds. The objective of the Haiti Smart Meter Project (the “Project”) is to install and operate an electricity smart meter system including up to 100,000 smart meters, its associated facilities, and a pre-paid collection system. The Project focuses on areas in Port-au-Prince and is expected to improve the financial position of Électricité d'Haïti, the government-owned electric utility, by reducing commercial and technical losses.With an estimated Project cost of US$15 million, the financing will consist of an A Loan to be funded by IDB Invest of up to US$4 million and a Blended Finance Subordinated Loan of up to US$8 million to be funded by a Blended Fund managed by IDB Invest which is subject to the availability of Blended Finance funds at the time of request of the funds. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ French (Français): L’objectif du Projet Haiti Smart Meter Project (le “Projet”) est d’installer et d’exploiter un système de compteurs intelligents d’électricité comprenant jusqu’à 100 000 compteurs intelligents, ses installations associées et un système de collecte prépayé. Le Projet se concentre sur les zones de Port-au-Prince et devrait améliorer la situation financière d’Électricité d’Haïti, la compagnie électrique publique, en réduisant les pertes commerciales et techniques. Avec un coût estimé du Projet de 15 millions de dollars américains, le financement consistera en un PrêtA financé par BID Invest jusqu’à 4 millions de dollars américains et un Prêt Subordonné de Financement Mixte jusqu’à 8 millions de dollars américains financé par un Fonds Mixte géré par BID Invest, sous réserve de la disponibilité des fonds de Financement Mixte au moment de la demande des fonds. IDB Invest ABD SMART METER S.A. IDB Invest Camargo Tamara, Mario +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Haiti Haiti Energy 4000000 4000000 4000000 Haiti Smart Meter Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14850-01 IDB Invest The proposed transaction is a financing of up to US$50 million under which Stone Instituição de Pagamentos S.A. (“Stone”) would provide credit to Micro, Small and Medium-Sized Enterprises (“MSMEs”) for working capital purposes with a focus on the Legal Amazon region, with the potential to target businesses led by women and underserved minorities. Stone grants credit based on the history of transactions processed by such companies, in addition to other information such as debt, financial leverage, and the historical performance of MSMEs and automatically collects reimbursements from their credit card flows using receivables originated from such companies' transactions as collateral for the loans granted. Stone is the leading provider of payment technology solutions for merchants and integrated partners to conduct their business through e-commerce, in-person, online and mobile channels in Brazil, in addition to offering a full range of software solutions and banking services to its customers. The proposed transaction is a financing of up to US$50 million under which Stone Instituição de Pagamentos S.A. (“Stone”) would provide credit to Micro, Small and Medium-Sized Enterprises (“MSMEs”) for working capital purposes with a focus on the Legal Amazon region, with the potential to target businesses led by women and underserved minorities. Stone grants credit based on the history of transactions processed by such companies, in addition to other information such as debt, financial leverage, and the historical performance of MSMEs and automatically collects reimbursements from their credit card flows using receivables originated from such companies' transactions as collateral for the loans granted. Stone is the leading provider of payment technology solutions for merchants and integrated partners to conduct their business through e-commerce, in-person, online and mobile channels in Brazil, in addition to offering a full range of software solutions and banking services to its customers. IDB Invest Stone Instituição de Pagamentos S.A. IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 49659100 49659100 49659100 Stone: Supporting MSMEs in the Brazilian Amazonia Region Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14863-01 IDB Invest The proposed financing involves a senior loan to GR Cortarrama S.A.C. to support the development, construction, and operation of a 96.75 MWp / 80 MWac solar photovoltaic power plant in the department of Arequipa, Peru. The IDB Invest loan will cover up to 33% of total project costs. The project's development objectives include promoting non-conventional renewable energy and reducing the country's reliance on hydroelectric and thermal energy generation The proposed financing involves a senior loan to GR Cortarrama S.A.C. to support the development, construction, and operation of a 96.75 MWp / 80 MWac solar photovoltaic power plant in the department of Arequipa, Peru. The IDB Invest loan will cover up to 33% of total project costs. The project's development objectives include promoting non-conventional renewable energy and reducing the country's reliance on hydroelectric and thermal energy generation IDB Invest GR Cortarrama S.A.C. IDB Invest Fernandez Alvarez de Lugo, Monica +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Energy 29505000 29505000 29505000 Matarani Solar PV Financing: Supporting Peru’s Energy Transition Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14876-01 IDB Invest The proposed transaction consists of a financing of up to US$30 million that will allow Eurocapital S.A. (“Eurocapital”) to expand its factoring and financial leasing operations with Small and Medium Enterprises (“SMEs”) in Chile, Peru and Colombia. The transaction contemplates: (i) an unsecured senior A/B Loan for up to US$25 million to Eurocapital, composed of: (a) an A Loan for up to US$15 million, to be financed by IDB Invest; and (b) a B Loan for an approximate amount of US$10 million, to be financed by institutional investors, this loan will have a term of up to two years, which may be renewed for up to two additional periods of up to two years each, at the discretion of IDB Invest; and (ii) an uncommitted revolving credit line for an amount of up to US$5 million or its equivalent in local currency, which will have a term of 390 days. The proceeds of the loan will be used to finance SMEs through factoring and financial leasing operations. The proposed transaction consists of a financing of up to US$30 million that will allow Eurocapital S.A. (“Eurocapital”) to expand its factoring and financial leasing operations with Small and Medium Enterprises (“SMEs”) in Chile, Peru and Colombia. The transaction contemplates: (i) an unsecured senior A/B Loan for up to US$25 million to Eurocapital, composed of: (a) an A Loan for up to US$15 million, to be financed by IDB Invest; and (b) a B Loan for an approximate amount of US$10 million, to be financed by institutional investors, this loan will have a term of up to two years, which may be renewed for up to two additional periods of up to two years each, at the discretion of IDB Invest; and (ii) an uncommitted revolving credit line for an amount of up to US$5 million or its equivalent in local currency, which will have a term of 390 days. The proceeds of the loan will be used to finance SMEs through factoring and financial leasing operations. IDB Invest EUROCAPITAL S.A. IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 19814200 19814200 19814200 Eurocapital Sustainable Financing Partnership Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14881-01 IDB Invest The proposed transaction consists of an unsecured loan (the “Loan”) to Sicoob of up to US$70 million. The term of the transaction is seven years, with a grace period of three years and semi-annual installments. The proposed financing will help expand access to financing in Brazil by supporting the expansion of Sicoob's green portfolio, with a focus on its Micro, Small and Medium-Sized Enterprises ("MSME") strategy. The proposed transaction consists of an unsecured loan (the “Loan”) to Sicoob of up to US$70 million. The term of the transaction is seven years, with a grace period of three years and semi-annual installments. The proposed financing will help expand access to financing in Brazil by supporting the expansion of Sicoob's green portfolio, with a focus on its Micro, Small and Medium-Sized Enterprises ("MSME") strategy. IDB Invest Banco Cooperativo Sicoob S.A. IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 65000000 65000000 65000000 Banco Sicoob: Senior Loan Suporting Green Financing in Brazil Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14880-01 IDB Invest The Project consists of the subscription of a senior bond in local currency (MXN) issued in the Mexican public market by a new special purpose vehicle (“SPV”) (Issuing Trust BCONJCB 24) incorporated in Mexico. The bond is structured as an “Asset Backed Security”, which is backed by a portfolio of segregated loans from four originators (Program Participants)—underlying collateral is primarily integrated loans granted by the participating SOFOMs to debtors in the agricultural and agro-industrial sector in Mexico. The selection of both the originators and administrators of these portfolios and the eligible assets complies with broad criteria defined by the Trusts Instituted in Relation to Agriculture (“FIRA”). These criteria cover the evaluation from a loan origination and servicing perspective of the Participants, coupled with the credit risk criteria of the underlying loans and other credit quality items of the securitized loans.The issuance to be subscribed by IDB Invest will have the following characteristics: (i) revolving period of 18 months (from the moment of issuance), during which the vehicle may acquire additional credit rights; (ii) issuance term of up to 5.5 years (66 months); and (iii) monthly interest payment. The Project consists of the subscription of a senior bond in local currency (MXN) issued in the Mexican public market by a new special purpose vehicle (“SPV”) (Issuing Trust BCONJCB 24) incorporated in Mexico. The bond is structured as an “Asset Backed Security”, which is backed by a portfolio of segregated loans from four originators (Program Participants)—underlying collateral is primarily integrated loans granted by the participating SOFOMs to debtors in the agricultural and agro-industrial sector in Mexico. The selection of both the originators and administrators of these portfolios and the eligible assets complies with broad criteria defined by the Trusts Instituted in Relation to Agriculture (“FIRA”). These criteria cover the evaluation from a loan origination and servicing perspective of the Participants, coupled with the credit risk criteria of the underlying loans and other credit quality items of the securitized loans.The issuance to be subscribed by IDB Invest will have the following characteristics: (i) revolving period of 18 months (from the moment of issuance), during which the vehicle may acquire additional credit rights; (ii) issuance term of up to 5.5 years (66 months); and (iii) monthly interest payment. IDB Invest BCONJCB 24 IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 15014400 15014400 15014400 Mexican SOFOMs Alliance for Sustainability Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14882-01 IDB Invest The transaction consists of a revolving and uncommitted reverse factoring facility (the “Facility”) for Stiler S.A. (“Stiler”) in Uruguay, aimed at providing financing to its Uruguay-based suppliers, most of which are Micro, Small, and Medium-sized Enterprises (MSMEs). The Facility offers up to US$5 million and will enable Stiler’s suppliers to expand their financing capacity under competitive conditions, facilitating the shortening of their cash conversion cycle by advancing payment of their receivables. The transaction consists of a revolving and uncommitted reverse factoring facility (the “Facility”) for Stiler S.A. (“Stiler”) in Uruguay, aimed at providing financing to its Uruguay-based suppliers, most of which are Micro, Small, and Medium-sized Enterprises (MSMEs). The Facility offers up to US$5 million and will enable Stiler’s suppliers to expand their financing capacity under competitive conditions, facilitating the shortening of their cash conversion cycle by advancing payment of their receivables. IDB Invest Stiler S.A. IDB Invest Duhart, Martin Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Transport 4970200 4970200 4970200 Support to Stiler's Supplier Chain via Reverse Factoring in Uruguay Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14888-01 IDB Invest Finance the construction and commissioning of a new high-complexity medical complex in Guayaquil, Ecuador. The Millenium Med complex will include a third-level hospital with 113 beds, 23 for intensive and intermediate care. It will offer over 20 medical specialties, clinical support services, 8 operating rooms, and cutting-edge medical imaging, radiotherapy, and nuclear medicine technology. Additionally, the complex will feature a tower of medical office spaces for rent, with parking facilities. This project addresses the country's shortage of specialized healthcare services. Finance the construction and commissioning of a new high-complexity medical complex in Guayaquil, Ecuador. The Millenium Med complex will include a third-level hospital with 113 beds, 23 for intensive and intermediate care. It will offer over 20 medical specialties, clinical support services, 8 operating rooms, and cutting-edge medical imaging, radiotherapy, and nuclear medicine technology. Additionally, the complex will feature a tower of medical office spaces for rent, with parking facilities. This project addresses the country's shortage of specialized healthcare services. IDB Invest Millenium – Hosp 1 S.A.S. IDB Invest Yan, Shanyue +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Social Infrastructure 43656000 43656000 43656000 Millenium MED | Construction of Third-Level Hospital in Guayaquil Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14890-01 IDB Invest The Fund aims to provide debt financing for sustainable infrastructure in Emerging Markets, primarily in Latin America and the Caribbean (“LAC”), Africa, and South Asia. ImpactA Global Limited will be the Fund’s investment advisor.The proposed Project consists of an investment of up to the lesser of i) US$25 million, inclusive of a US$5 million Blended Finance participation with resources from funds managed by IDB Invest and ii) 20% of the total target Fund size. With a target size of approximately US$300 million, the Fund will seek projects that promote a sustainable and equitable climate transition, including renewable energy, clean mobility, and climate-resilient health and water and sanitation infrastructure. The Fund will have a 10-year term from its final closing date and will make approximately 15 to 20 investments with maturities between 3-10 years, targeting a high single-digit net IRR. The Fund intends to invest at least the equivalent of 3x IDB Invest’s investment in LAC. The Fund aims to provide debt financing for sustainable infrastructure in Emerging Markets, primarily in Latin America and the Caribbean (“LAC”), Africa, and South Asia. ImpactA Global Limited will be the Fund’s investment advisor.The proposed Project consists of an investment of up to the lesser of i) US$25 million, inclusive of a US$5 million Blended Finance participation with resources from funds managed by IDB Invest and ii) 20% of the total target Fund size. With a target size of approximately US$300 million, the Fund will seek projects that promote a sustainable and equitable climate transition, including renewable energy, clean mobility, and climate-resilient health and water and sanitation infrastructure. The Fund will have a 10-year term from its final closing date and will make approximately 15 to 20 investments with maturities between 3-10 years, targeting a high single-digit net IRR. The Fund intends to invest at least the equivalent of 3x IDB Invest’s investment in LAC. IDB Invest ImpactA Global Partners I SCSp IDB Invest Espinoza Diaz, Jose Alejandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Investment Funds 25000000 25000000 25000000 ImpactA Global Emerging Markets Sustainable Infrastructure Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14893-01 IDB Invest The proposed transaction involves IDB Invest participating as the lead investor in the issuance of the first senior sustainable bond by Banistmo S.A. (“Banistmo”, the “Bank”, or the “Issuer”) (the “Financing” or the “Project”) in Panama. The bonds will have a term of up to five years, and IDB Invest will subscribe up to US$75 million of the total amount. The funds will be used to expand Banistmo’s financing targeted at women-led Small and Medium-Sized Enterprises (“SMEs”) and the Bank’s green portfolio. Additionally, the Project will provide greater diversification of funding sources and long-term financing.The Project includes Technical Assistance Services (“TA”) focused on: (i) updating the existing framework with robust Key Performance Indicators (“KPIs”); ensuring alignment with the principles and guidelines of the International Capital Market Association, Panama’s sustainable taxonomy, and applicable local legislation; and (ii) strengthening the Bank’s sustainable financing strategy; and (iii) obtaining and publishing a Second Party Opinion (“SPO”). The proposed transaction involves IDB Invest participating as the lead investor in the issuance of the first senior sustainable bond by Banistmo S.A. (“Banistmo”, the “Bank”, or the “Issuer”) (the “Financing” or the “Project”) in Panama. The bonds will have a term of up to five years, and IDB Invest will subscribe up to US$75 million of the total amount. The funds will be used to expand Banistmo’s financing targeted at women-led Small and Medium-Sized Enterprises (“SMEs”) and the Bank’s green portfolio. Additionally, the Project will provide greater diversification of funding sources and long-term financing.The Project includes Technical Assistance Services (“TA”) focused on: (i) updating the existing framework with robust Key Performance Indicators (“KPIs”); ensuring alignment with the principles and guidelines of the International Capital Market Association, Panama’s sustainable taxonomy, and applicable local legislation; and (ii) strengthening the Bank’s sustainable financing strategy; and (iii) obtaining and publishing a Second Party Opinion (“SPO”). IDB Invest Banistmo S.A. IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 75000000 75000000 75000000 Banistmo, S.A. – Panama: Sustainable Bond to Boost Social and Green Investments in Panama Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14898-01 IDB Invest The UPME STR 02-2019 project (the “Project” or “STR Barranquilla Line”), located in the Caribbean region of Colombia, in the Department of Atlántico, Special Port and Industrial District of Barranquilla and, in a minimal proportion, in the municipality of Soledad, was awarded in 2020 by the Mining and Energy Planning Unit (“UPME”) to the Energía de Colombia STR S.A.S E.S.P consortium (the “Concessionaire” or the “Client”), whose main shareholder is the firm Ortiz Construcciones y Proyectos S.A. with 80% participation, “Fondo para Inversiones en el Exterior” (FIDEX) with 18.62% and “Compañía Española de Financiación del Desarrollo” (COFIDES) with the remaining 1.38%.The general objective of the Project is to guarantee the improvement and reliability in the electrical supply for the Municipalities of Barranquilla and Soledad in the Department of Atlántico, through the design, supply, construction, operation and maintenance of: (i) the Estadio Substation 110 kV; (ii) the expansion and modernization of eight (8) substations and the interconnection of nine (9) substations; (iii) the installation of about twenty-four (24) kilometers of 110kV high voltage underground lines, of which 1.08 kilometers were carried out in the municipality of Soledad; and (iv) the construction of the associated works.The Project formally began the operation phase on November 2nd, 2023 for a period of 25 years, measured from the beginning of operation and after the conclusion of the basic and detailed engineering designs, permit and license procedures, the supply and assembly of equipment, the construction, commissioning and corresponding testing of the works.The Project was originally funded through a medium-term financing structure, and currently its refinancing is being considered. In this context, IDB Invest expects to grant up to COP 200,000 million within the longer-term and less liquid local currency tranche, helping to mobilize resources from local banks and institutional investors The UPME STR 02-2019 project (the “Project” or “STR Barranquilla Line”), located in the Caribbean region of Colombia, in the Department of Atlántico, Special Port and Industrial District of Barranquilla and, in a minimal proportion, in the municipality of Soledad, was awarded in 2020 by the Mining and Energy Planning Unit (“UPME”) to the Energía de Colombia STR S.A.S E.S.P consortium (the “Concessionaire” or the “Client”), whose main shareholder is the firm Ortiz Construcciones y Proyectos S.A. with 80% participation, “Fondo para Inversiones en el Exterior” (FIDEX) with 18.62% and “Compañía Española de Financiación del Desarrollo” (COFIDES) with the remaining 1.38%.The general objective of the Project is to guarantee the improvement and reliability in the electrical supply for the Municipalities of Barranquilla and Soledad in the Department of Atlántico, through the design, supply, construction, operation and maintenance of: (i) the Estadio Substation 110 kV; (ii) the expansion and modernization of eight (8) substations and the interconnection of nine (9) substations; (iii) the installation of about twenty-four (24) kilometers of 110kV high voltage underground lines, of which 1.08 kilometers were carried out in the municipality of Soledad; and (iv) the construction of the associated works.The Project formally began the operation phase on November 2nd, 2023 for a period of 25 years, measured from the beginning of operation and after the conclusion of the basic and detailed engineering designs, permit and license procedures, the supply and assembly of equipment, the construction, commissioning and corresponding testing of the works.The Project was originally funded through a medium-term financing structure, and currently its refinancing is being considered. In this context, IDB Invest expects to grant up to COP 200,000 million within the longer-term and less liquid local currency tranche, helping to mobilize resources from local banks and institutional investors IDB Invest Energía de Colombia S.A.S. E.S.P. IDB Invest Lara Manzano, Ricardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Energy 56536700 56536700 56536700 Línea STR Barranquilla Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14901-01 IDB Invest The proposed financing for BIGGIE S.A. consists of a six-year loan in local currency for an amount equivalent to up to US$15 million. Through this financing, we will support the company’s expansion with the construction of a new distribution center in the city of Capiatá, which is expected to increase efficiency in supplying existing retail stores and enable the expansion of new store locations. Biggie S.A. (“Biggie” or the “Company”), commercially known as Biggie Express or Biggie Farma, was established in 2013 and is a leading convenience store chain in Paraguay, operating 24/7, 365 days a year. Currently, it has more than 277 stores located in strategic points in Asunción, Greater Asunción, and other cities in the interior, with plans to continue expanding within the country, and a workforce of more than 5,600 employees focused on meeting customer needs and creating a positive shopping experience. The proposed financing for BIGGIE S.A. consists of a six-year loan in local currency for an amount equivalent to up to US$15 million. Through this financing, we will support the company’s expansion with the construction of a new distribution center in the city of Capiatá, which is expected to increase efficiency in supplying existing retail stores and enable the expansion of new store locations. Biggie S.A. (“Biggie” or the “Company”), commercially known as Biggie Express or Biggie Farma, was established in 2013 and is a leading convenience store chain in Paraguay, operating 24/7, 365 days a year. Currently, it has more than 277 stores located in strategic points in Asunción, Greater Asunción, and other cities in the interior, with plans to continue expanding within the country, and a workforce of more than 5,600 employees focused on meeting customer needs and creating a positive shopping experience. IDB Invest Biggie S.A. IDB Invest Buzo Rolandi, Jose +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Manufacturing 15000000 15000000 15000000 Biggie: Construction of distribution center to enhance supply chain efficiency in Paraguay Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14904-01 IDB Invest The Project consists of an investment in the MK Empowerment Private Debt I Fund (USD) (the “Fund”), a private debt fund created to provide customized credit solutions for Middle-Market Enterprises (“MMEs”) in Peru. The main niche for the Fund will be companies that require customized financing solutions to support growth opportunities and improve productivity.The Fund will primarily invest in private debt instruments (e.g., private debt issuances, such as corporate bonds and securitization bonds), which will add value to the local capital markets.The Fund will be managed by Macrocapitales SAF (“Macrocapitales” or the "Fund Manager") an asset management company with more than 14 years of experience in the Peruvian market. Macrocapitales is part of Grupo Macro, which has established a solid reputation as a leading independent economic think tank, consultant company, investment bank, asset manager (with more than US$125 million in AuM) and wealth manager in Peru. The Project consists of an investment in the MK Empowerment Private Debt I Fund (USD) (the “Fund”), a private debt fund created to provide customized credit solutions for Middle-Market Enterprises (“MMEs”) in Peru. The main niche for the Fund will be companies that require customized financing solutions to support growth opportunities and improve productivity.The Fund will primarily invest in private debt instruments (e.g., private debt issuances, such as corporate bonds and securitization bonds), which will add value to the local capital markets.The Fund will be managed by Macrocapitales SAF (“Macrocapitales” or the "Fund Manager") an asset management company with more than 14 years of experience in the Peruvian market. Macrocapitales is part of Grupo Macro, which has established a solid reputation as a leading independent economic think tank, consultant company, investment bank, asset manager (with more than US$125 million in AuM) and wealth manager in Peru. IDB Invest Macrocapitales - Fondo de Inversión Deuda Corporativa IDB Invest Parodi Serpa, Alberto Enrique +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Investment Funds 30000000 30000000 30000000 Macrocapitales Private Debt Fund Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14917-01 IDB Invest The Project consists of two loans to finance HiTec Group’s expansion program in Mexico. The first loan (Hitec II) will be granted to Haas Machine Tools, S.A. de C.V. (“HiTec” or the “Company”) to, in part, refinance the outstanding balance of the existing loan granted by IDB Invest to the Co-Borrowers and the remainder to finance the growth of HiFin Solutions, S.A. de C.V.’s loan portfolio for the acquisition or leasing of high-precision computer numerical control equipment and machinery by HiTEC’s clients in Mexico (primarily micro, small and medium-sized enterprises – “MiPyMES”). The second loan (“Hitec NI”) will be granted to Inmobiliaria Quasar, S.A. de C.V., an affiliate of Grupo HiTec, to finance the construction of an industrial warehouse in the state of Querétaro for the operations of Grupo HiTec. The Project consists of two loans to finance HiTec Group’s expansion program in Mexico. The first loan (Hitec II) will be granted to Haas Machine Tools, S.A. de C.V. (“HiTec” or the “Company”) to, in part, refinance the outstanding balance of the existing loan granted by IDB Invest to the Co-Borrowers and the remainder to finance the growth of HiFin Solutions, S.A. de C.V.’s loan portfolio for the acquisition or leasing of high-precision computer numerical control equipment and machinery by HiTEC’s clients in Mexico (primarily micro, small and medium-sized enterprises – “MiPyMES”). The second loan (“Hitec NI”) will be granted to Inmobiliaria Quasar, S.A. de C.V., an affiliate of Grupo HiTec, to finance the construction of an industrial warehouse in the state of Querétaro for the operations of Grupo HiTec. IDB Invest Haas Machine Tools, S.A. de C.V., Nexttec Machinery, S.A. de C.V., A&G Plastic Machinery, S.A. de C.V., Hifin Solution, S.A. de C.V. y Hitec Cnc Maquinaria México, S.A. de C.V. (“Hitec” o el “grupo”). IDB Invest Aguirre Hernandez, Alma Iliana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 15000000 15000000 15000000 HITEC II Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14915-01 IDB Invest The Chilean Government has presented a new law to stabilize electricity tariffs, amending the current Law No. 21,472, which establishes the Final User Protection Mechanism (known as the "MPC Law"). The aim is to stabilize tariffs and eventually reimburse them. To achieve this, a separate fund, the "Tariff Stabilization Fund" ("FET"), will be used and managed by the General Treasury of the Republic. This fund will periodically issue payment documents with interest in favor of the generators. The amount of the Certificates is estimated to be US$2.4 billion, maturing in 2035. To pay the FET obligations, it will receive payments from regulated customers that will be collected by the distributors. The objective of the project is to structure a new financial facility available to generators, based on the previous Tariff Stabilization project (14300-01) that is currently being disbursed. Similar to the previous transaction, a facility equal to the amount required to purchase all Payment Certificates from the FET will be provided. The Facility will consist of: (a) a committed purchase facility from IDBI ("Facility A") of at least 10% of the transaction amount, estimated to be $240 million as of the date, (b) a fully committed purchase facility for an amount of up to 90% of the Facility Amount ("Facility B") that IDBI will provide through an SPV, which will finance its participation by issuing a B-Bond for an amount that allows the Project to complete the required Facility Amount. Unlike the previous transaction, the Payment Certificates will not have a full government guarantee; instead, 30% of the principal and total interest will be guaranteed. The Chilean Government has presented a new law to stabilize electricity tariffs, amending the current Law No. 21,472, which establishes the Final User Protection Mechanism (known as the "MPC Law"). The aim is to stabilize tariffs and eventually reimburse them. To achieve this, a separate fund, the "Tariff Stabilization Fund" ("FET"), will be used and managed by the General Treasury of the Republic. This fund will periodically issue payment documents with interest in favor of the generators. The amount of the Certificates is estimated to be US$2.4 billion, maturing in 2035. To pay the FET obligations, it will receive payments from regulated customers that will be collected by the distributors. The objective of the project is to structure a new financial facility available to generators, based on the previous Tariff Stabilization project (14300-01) that is currently being disbursed. Similar to the previous transaction, a facility equal to the amount required to purchase all Payment Certificates from the FET will be provided. The Facility will consist of: (a) a committed purchase facility from IDBI ("Facility A") of at least 10% of the transaction amount, estimated to be $240 million as of the date, (b) a fully committed purchase facility for an amount of up to 90% of the Facility Amount ("Facility B") that IDBI will provide through an SPV, which will finance its participation by issuing a B-Bond for an amount that allows the Project to complete the required Facility Amount. Unlike the previous transaction, the Payment Certificates will not have a full government guarantee; instead, 30% of the principal and total interest will be guaranteed. IDB Invest Fondo de Estabilización de Protección al Cliente IDB Invest Rivadeneira Arbildua, María Paz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Energy 240000000 240000000 240000000 Project Newen - Consumer Protection Mechanism Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14919-01 IDB Invest The operation consists of a senior secured loan of up to US$ 15 million to be funded by IDB Invest (the "IDB Invest Loan"), and a parallel loan of up to US$15 million to be funded by co-lenders (the "Parallel Loan" and together with the IDB Invest Loan, the "Loan"). The Loan is expected to have a term of up to five years with semi-annual principal and interest amortization payments. The proceeds of the Loan will be used to promote the growth of Banco de Machala’s green, blue and food production credit portfolio in Ecuador.The Project team will support Banco de Machala through advisory services to enhance its sustainability strategy across two key pillars: (i) defining a decarbonization strategy, this strategy will align with the principles of the Net Zero Bank Alliance, to align their portfolios to zero emissions by the year 2050, and (ii) developing a strategy to promote sustainable and equitable food systems through tailored financial instruments and suitable KPIs aligned with best practices. The operation consists of a senior secured loan of up to US$ 15 million to be funded by IDB Invest (the "IDB Invest Loan"), and a parallel loan of up to US$15 million to be funded by co-lenders (the "Parallel Loan" and together with the IDB Invest Loan, the "Loan"). The Loan is expected to have a term of up to five years with semi-annual principal and interest amortization payments. The proceeds of the Loan will be used to promote the growth of Banco de Machala’s green, blue and food production credit portfolio in Ecuador.The Project team will support Banco de Machala through advisory services to enhance its sustainability strategy across two key pillars: (i) defining a decarbonization strategy, this strategy will align with the principles of the Net Zero Bank Alliance, to align their portfolios to zero emissions by the year 2050, and (ii) developing a strategy to promote sustainable and equitable food systems through tailored financial instruments and suitable KPIs aligned with best practices. IDB Invest Banco de Machala S.A. IDB Invest Vega Montoro, Henry William +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 15000000 15000000 15000000 Sustainable Financing with Banco de Machala Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14918-01 IDB Invest IDB Invest is considering an investment of up to US$40 million in LAC eco.business Fund (“EBF” or “the Fund”) that Finance in Motion (“FIM” or the “Fund Advisor”) is advising. The Fund was established in 2014 and focuses on resilient agribusiness and food security throughout Latin America and the Caribbean (“LAC”). EBF makes loans through financial institutions and directly to corporate entities, and specifically promotes biodiversity conservation, sustainable use of natural resources, and climate mitigation and adaptation. The Fund has an open-ended evergreen structure, with current size of approximately $600 million. EBF is a successful existing client; IDB Invest’s loan to the Fund would be fully amortized in December, so this investment would strengthen the long-term relation with this strategic partner. FIM is a leading global impact asset manager, with extensive experience and a deep regional network. IDB Invest is considering an investment of up to US$40 million in LAC eco.business Fund (“EBF” or “the Fund”) that Finance in Motion (“FIM” or the “Fund Advisor”) is advising. The Fund was established in 2014 and focuses on resilient agribusiness and food security throughout Latin America and the Caribbean (“LAC”). EBF makes loans through financial institutions and directly to corporate entities, and specifically promotes biodiversity conservation, sustainable use of natural resources, and climate mitigation and adaptation. The Fund has an open-ended evergreen structure, with current size of approximately $600 million. EBF is a successful existing client; IDB Invest’s loan to the Fund would be fully amortized in December, so this investment would strengthen the long-term relation with this strategic partner. FIM is a leading global impact asset manager, with extensive experience and a deep regional network. IDB Invest Finance in Motion IDB Invest de Beaufort, Lucas +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 50000000 50000000 50000000 LAC eco.Business Fund - Partnership for Biodiversity Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14920-01 IDB Invest The project consists of providing support to Compartamos Financiera S.A. (“Compartamos” or the “Financial Institution”), in the issuance of its first program of senior social bonds. The total amount of the issuance will be in Soles (“PEN”) up to an equivalent of US$40 million, composed as follows: (i) an investment by IDB Invest for an amount of up to US$20 million; and (ii) an amount mobilized with another co-investor of up to US$20 million. The transaction will have a term of up to three years and amortization with payment at maturity (bullet). The financing aims to expand the Micro and Small Enterprises´ portfolio (“MSEs”) and MSEs led and/or owned by women; and other vulnerable groups. The project consists of providing support to Compartamos Financiera S.A. (“Compartamos” or the “Financial Institution”), in the issuance of its first program of senior social bonds. The total amount of the issuance will be in Soles (“PEN”) up to an equivalent of US$40 million, composed as follows: (i) an investment by IDB Invest for an amount of up to US$20 million; and (ii) an amount mobilized with another co-investor of up to US$20 million. The transaction will have a term of up to three years and amortization with payment at maturity (bullet). The financing aims to expand the Micro and Small Enterprises´ portfolio (“MSEs”) and MSEs led and/or owned by women; and other vulnerable groups. IDB Invest COMPARTAMOS FINANCIERA S.A. PERU IDB Invest Vega Montoro, Henry William +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 40000000 40000000 40000000 Compartamos Senior Bonds Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14923-01 IDB Invest The proposed transaction consists of an A/B loan for up to US$70 million (the “Loan”), financed as follows: (i) a committed loan for up to US$20 million to be financed by IDB Invest; (ii) an uncommitted loan for up to US$30 million, also to be financed by IDB Invest; and (iii) a B loan for up to US$20 million to be financed by institutional investors. The Loan has an availability period of up to seven years, with each facility having an amortizable term of up to two years. The Project aims to increase Caja Araucana’s available financing so that it can increase its operations (balance sheet) of social credit for women workers, social credit for pensioners, and green social credit. Technical advisory services are also being designed to help Caja Araucana develop its sustainability strategy. The proposed transaction consists of an A/B loan for up to US$70 million (the “Loan”), financed as follows: (i) a committed loan for up to US$20 million to be financed by IDB Invest; (ii) an uncommitted loan for up to US$30 million, also to be financed by IDB Invest; and (iii) a B loan for up to US$20 million to be financed by institutional investors. The Loan has an availability period of up to seven years, with each facility having an amortizable term of up to two years. The Project aims to increase Caja Araucana’s available financing so that it can increase its operations (balance sheet) of social credit for women workers, social credit for pensioners, and green social credit. Technical advisory services are also being designed to help Caja Araucana develop its sustainability strategy. IDB Invest Caja de Compensación de Asignación Familiar La Araucana (“Caja Araucana”) IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 50000000 50000000 50000000 Caja La Araucana A/B Financial Inclusion Partnership Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14925-01 IDB Invest The proposed transaction consists of a senior unsecured committed loan for Banesco Banco Múltiple, S.A. (“Banesco RD” or the “Bank”) for a total amount of up to US$25 million (the “Project” or “IDB Invest A Loan”), to be financed by IDB Invest in US dollars, with the option to convert to Dominican pesos (“DOP”). The Project will be accompanied by one or more loans related to IDB Invest A Loan for an uncommitted amount of up to US$20 million (“IDB Invest B Loan”). The proposed term for the Project would be up to five years, including a two-year grace period. Additionally, a co-investor is expected to participate with an additional committed amount of up to US$10 million.The main purpose of the Project is to increase access to financing for Micro, Small, and Medium Enterprises (“MSMEs”), women-led or owned MSMEs (“Women MSMEs”), and the green portfolio in the Dominican Republic. Furthermore, the Loan may include a component of technical advisory services provided by IDB Invest to support Banesco RD in enhancing its value proposal for MSMEs and Women MSMEs, as well as its internal skills for identifying, segmenting and reporting its green portfolio, so as to improve and increase access for these sectors and segments to financing and non-financial services in the country. The proposed transaction consists of a senior unsecured committed loan for Banesco Banco Múltiple, S.A. (“Banesco RD” or the “Bank”) for a total amount of up to US$25 million (the “Project” or “IDB Invest A Loan”), to be financed by IDB Invest in US dollars, with the option to convert to Dominican pesos (“DOP”). The Project will be accompanied by one or more loans related to IDB Invest A Loan for an uncommitted amount of up to US$20 million (“IDB Invest B Loan”). The proposed term for the Project would be up to five years, including a two-year grace period. Additionally, a co-investor is expected to participate with an additional committed amount of up to US$10 million.The main purpose of the Project is to increase access to financing for Micro, Small, and Medium Enterprises (“MSMEs”), women-led or owned MSMEs (“Women MSMEs”), and the green portfolio in the Dominican Republic. Furthermore, the Loan may include a component of technical advisory services provided by IDB Invest to support Banesco RD in enhancing its value proposal for MSMEs and Women MSMEs, as well as its internal skills for identifying, segmenting and reporting its green portfolio, so as to improve and increase access for these sectors and segments to financing and non-financial services in the country. IDB Invest Banesco Banco Múltiple S.A. IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Financial Institutions 25000000 25000000 25000000 Banesco Banco Múltiple, S.A. - Alliance for Gender, SMEs and Green Financing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14926-01 IDB Invest The financing facility proposed for Naturasol S.A. de C.V. and Mielmex S.A. de C.V. (jointly, the “Borrowers” or the “Company”), a Mexican fast-growing food processing company and the largest exporter of honey in the country, involves financing of up to US$70 million (the “Facility”) and breaks down as follows: (i) an A/B secured senior loan of up to US$45 million, with up to US$25 million from IDB Invest and up to US$20 million from third parties (the “Long-term Loan” ); and (ii) a multi-currency uncommitted revolving loan of up to US$25 million (the “Revolving Loan”). The funds from the Facility will be used to finance the Company’s capital expenses and working capital needs related to the expansion and improvement of the operations in Mexico, while reducing its carbon footprint (the “Project”). The development objectives of the Project are: (i) promoting local growth and productivity; and (ii) opening revenue-generating opportunities for employees and local suppliers, including micro-, small- and medium-sized agricultural suppliers in the Company’s value chain. The financing facility proposed for Naturasol S.A. de C.V. and Mielmex S.A. de C.V. (jointly, the “Borrowers” or the “Company”), a Mexican fast-growing food processing company and the largest exporter of honey in the country, involves financing of up to US$70 million (the “Facility”) and breaks down as follows: (i) an A/B secured senior loan of up to US$45 million, with up to US$25 million from IDB Invest and up to US$20 million from third parties (the “Long-term Loan” ); and (ii) a multi-currency uncommitted revolving loan of up to US$25 million (the “Revolving Loan”). The funds from the Facility will be used to finance the Company’s capital expenses and working capital needs related to the expansion and improvement of the operations in Mexico, while reducing its carbon footprint (the “Project”). The development objectives of the Project are: (i) promoting local growth and productivity; and (ii) opening revenue-generating opportunities for employees and local suppliers, including micro-, small- and medium-sized agricultural suppliers in the Company’s value chain. IDB Invest NATURASOL, S.A. DE C.V. IDB Invest Aguirre Hernandez, Alma Iliana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 50000000 50000000 50000000 Naturasol Expansion Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14929-01 IDB Invest This transaction (the "Project") consists of IDB Invest's subscription of up to US$20 million in a Green Bond issued by the Royal America Group for up to US$30 million, with a term of up to seven years, and the mobilization of resources to cover the total cost of the project. Royal America will use the Bond proceeds to finance the purchase and import of electric machinery for subsequent leasing and sale. Royal America is a regional group that began in Chile and now also operates in Colombia and Ecuador. It has over 30 years of experience leasing electric machinery used in distribution centers and industrial cargo handling. Through this Project, IDB Invest will be able to contribute to the development of electric mobility within the logistics sector in Chile and Colombia, impacting sectors such as food, retail, agriculture, and industrial sectors, among others. This transaction (the "Project") consists of IDB Invest's subscription of up to US$20 million in a Green Bond issued by the Royal America Group for up to US$30 million, with a term of up to seven years, and the mobilization of resources to cover the total cost of the project. Royal America will use the Bond proceeds to finance the purchase and import of electric machinery for subsequent leasing and sale. Royal America is a regional group that began in Chile and now also operates in Colombia and Ecuador. It has over 30 years of experience leasing electric machinery used in distribution centers and industrial cargo handling. Through this Project, IDB Invest will be able to contribute to the development of electric mobility within the logistics sector in Chile and Colombia, impacting sectors such as food, retail, agriculture, and industrial sectors, among others. IDB Invest Arrendamiento de Maquinas Royal Rental S.A. IDB Invest Guerra Diaz, Rocio Trinidad +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Manufacturing 16000000 16000000 16000000 Royal America II - Green Bond Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14931-01 IDB Invest The transaction proposed for Favorita Fruit Co. Ltd. and its subsidiaries (Favorita or the “Company”) consists in a senior loan of up to US$35 million to finance: (i) a biosecurity investment plan to prevent the disease Fusarium race 4 tropical (R4T), one of the most devastating diseases for banana trees, and to strengthen the climate chance adaptation, thus supporting production, exports and employment in the country; and (ii) a logistic plan to increase the capacity and efficiency of the Company’s port facilities to serve key industries, like those of food and fertilizers, among other industrial sectors. For over 45 years, the Company has been encouraging key business lines in the domestic and foreign markets by producing, industrializing and selling products and services with the highest quality standards, with the banana, agricultural supplies, fertilizers, forest products port services, etc. being the main ones. The transaction proposed for Favorita Fruit Co. Ltd. and its subsidiaries (Favorita or the “Company”) consists in a senior loan of up to US$35 million to finance: (i) a biosecurity investment plan to prevent the disease Fusarium race 4 tropical (R4T), one of the most devastating diseases for banana trees, and to strengthen the climate chance adaptation, thus supporting production, exports and employment in the country; and (ii) a logistic plan to increase the capacity and efficiency of the Company’s port facilities to serve key industries, like those of food and fertilizers, among other industrial sectors. For over 45 years, the Company has been encouraging key business lines in the domestic and foreign markets by producing, industrializing and selling products and services with the highest quality standards, with the banana, agricultural supplies, fertilizers, forest products port services, etc. being the main ones. IDB Invest Favorita Fruit Co. Ltd. and subsidiaries IDB Invest Veiga Perez, Matias Angel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Agribusiness 35000000 35000000 35000000 Reybanpac: Biosafety in Banana Plantations and Fertisa: Port Expansion in Ecuador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14942-01 IDB Invest The project aims to support one of the first private equity impact funds in Emerging Markets (“EMs”) and Latin America and the Caribbean (“LAC”) focused on mobilizing capital at scale to support the origination of high-quality Carbon Dioxide Removal (“CDRs”) certificates—from the Amazonia and EMs’ tropical areas—to develop the Voluntary Carbon Market (“VCM”) and promote convergence towards Compliance Carbon Markets (“CCM”) aligned with the Paris Agreement, through an IDB Invest anchor investment of up to US$15 million, including an up to US$10 million blended finance investment from the Canadian Net Zero and Climate Resilience Accelerator in the BlueOrchard Carbon Impact Fund (the “Fund”), (the “Project”). The Fund’s investment strategy is built around providing long-term funding for nature-based, biodiversity-enriching, and carbon sequestration projects in EM countries to generate financial returns and CDR credits.The Fund will be managed by BlueOrchard Finance Ltd. (“BO”, “BlueOrchard” or the “Fund Manager”), a pioneer impact investment manager with more than 22 years of experience and a founding member of the Amazonia Finance Network. The project aims to support one of the first private equity impact funds in Emerging Markets (“EMs”) and Latin America and the Caribbean (“LAC”) focused on mobilizing capital at scale to support the origination of high-quality Carbon Dioxide Removal (“CDRs”) certificates—from the Amazonia and EMs’ tropical areas—to develop the Voluntary Carbon Market (“VCM”) and promote convergence towards Compliance Carbon Markets (“CCM”) aligned with the Paris Agreement, through an IDB Invest anchor investment of up to US$15 million, including an up to US$10 million blended finance investment from the Canadian Net Zero and Climate Resilience Accelerator in the BlueOrchard Carbon Impact Fund (the “Fund”), (the “Project”). The Fund’s investment strategy is built around providing long-term funding for nature-based, biodiversity-enriching, and carbon sequestration projects in EM countries to generate financial returns and CDR credits.The Fund will be managed by BlueOrchard Finance Ltd. (“BO”, “BlueOrchard” or the “Fund Manager”), a pioneer impact investment manager with more than 22 years of experience and a founding member of the Amazonia Finance Network. IDB Invest BO EM Carbon Impact Fund IDB Invest Ferro De Sanctis, Carlos Numen +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Investment Funds 5000000 5000000 5000000 BlueOrchard Emerging Markets Carbon Impact Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14944-01 IDB Invest La presente operación (el “Proyecto”) consiste en la suscripción por parte de BID Invest de un Bono Vinculado a la Sostenibilidad (“SLB”, por sus siglas en inglés) emitido por Distribuidora Farmacéutica Ecuatoriana S.A. (“Difare”), por hasta US$35 millones, a un plazo de hasta cinco años, y la movilización de recursos para completar el costo total del proyecto que asciende a US$50 millones. Difare utilizará los recursos del Bono para financiar actividades corporativas generales, incluyendo capital de trabajo permanente e inversiones en Capex, con el objetivo de seguir ampliando su red de farmacias en el país.Difare es una empresa ecuatoriana que se dedica a la distribución, comercialización y venta minorista de productos farmacéuticos, y forma parte del conglomerado de nueve empresas ecuatorianas del Grupo Difare. La empresa inició sus operaciones hace 40 años y actualmente cuenta con más de 5,000 empleados y atiende como distribuidor a más de 10,000 puntos de venta que cubren minoristas, mayoristas, farmacias, y centros de salud públicos y privados. La empresa es propietaria de marcas como Farmacias Cruz Azul, Farmacias Comunitarias y Pharmacy's. La presente operación (el “Proyecto”) consiste en la suscripción por parte de BID Invest de un Bono Vinculado a la Sostenibilidad (“SLB”, por sus siglas en inglés) emitido por Distribuidora Farmacéutica Ecuatoriana S.A. (“Difare”), por hasta US$35 millones, a un plazo de hasta cinco años, y la movilización de recursos para completar el costo total del proyecto que asciende a US$50 millones. Difare utilizará los recursos del Bono para financiar actividades corporativas generales, incluyendo capital de trabajo permanente e inversiones en Capex, con el objetivo de seguir ampliando su red de farmacias en el país.Difare es una empresa ecuatoriana que se dedica a la distribución, comercialización y venta minorista de productos farmacéuticos, y forma parte del conglomerado de nueve empresas ecuatorianas del Grupo Difare. La empresa inició sus operaciones hace 40 años y actualmente cuenta con más de 5,000 empleados y atiende como distribuidor a más de 10,000 puntos de venta que cubren minoristas, mayoristas, farmacias, y centros de salud públicos y privados. La empresa es propietaria de marcas como Farmacias Cruz Azul, Farmacias Comunitarias y Pharmacy's. IDB Invest Distribuidora Farmacéutica Ecuatoriana Difare S.A. IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing 35000000 35000000 35000000 DIFARE - Sustainability-linked bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14945-01 IDB Invest La transacción propuesta consiste en un Préstamo Senior Garantizado Comprometido de hasta US$12 millones de dólares otorgado a EBITAL S.A. para desarrollar la "Fase 1" del proyecto promovido de vivienda de interés social denominado “Frimosa”, ubicado en Montevideo, Uruguay (“el Proyecto”). La "Fase 1" comprende la construcción de la Primera Torre, con una superficie total de 14,353 m², de los cuales 11,290 m² corresponden a un área edificada. La torre contará con 181 unidades residenciales, 86 garajes y 800 m² destinados a desarrollos comerciales. La transacción propuesta consiste en un Préstamo Senior Garantizado Comprometido de hasta US$12 millones de dólares otorgado a EBITAL S.A. para desarrollar la "Fase 1" del proyecto promovido de vivienda de interés social denominado “Frimosa”, ubicado en Montevideo, Uruguay (“el Proyecto”). La "Fase 1" comprende la construcción de la Primera Torre, con una superficie total de 14,353 m², de los cuales 11,290 m² corresponden a un área edificada. La torre contará con 181 unidades residenciales, 86 garajes y 800 m² destinados a desarrollos comerciales. IDB Invest EBITAL S.A IDB Invest Buzo Rolandi, Jose +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Manufacturing 12000000 12000000 12000000 EBITAL - Frimosa: Affordable Housing Development in Montevideo Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14953-01 IDB Invest The proposed financing to LAAD Americas N.V. (“LAAD”) and to Agronegocios LAAD S.A. de C.V. SOFOM E.N.R. (jointly the “Borrowers”), a private development bank that finances agribusiness projects in Latin America and the Caribbean (“LAC”), consists of a syndicated A/B loan of up to US$80 million comprised as follows: (i) an A loan of up to US$40 million to be funded by IDB Invest; and (ii) one or more B loans, in an aggregate amount of up US$40 million to be funded by third parties (together the “Loan” or “Financing). The Loan will have a tenor of up to seven years, including a grace period of up to 12 months. The financing will be guaranteed by the Latin American Agribusiness Development Corp., the holding company of the Borrowers. The proceeds of the Loan will be used to finance Small and Medium-Sized Enterprises (“SMEs”), that promote food security in Latin America and the Caribbean ("LAC") (the “Project”). The proposed financing to LAAD Americas N.V. (“LAAD”) and to Agronegocios LAAD S.A. de C.V. SOFOM E.N.R. (jointly the “Borrowers”), a private development bank that finances agribusiness projects in Latin America and the Caribbean (“LAC”), consists of a syndicated A/B loan of up to US$80 million comprised as follows: (i) an A loan of up to US$40 million to be funded by IDB Invest; and (ii) one or more B loans, in an aggregate amount of up US$40 million to be funded by third parties (together the “Loan” or “Financing). The Loan will have a tenor of up to seven years, including a grace period of up to 12 months. The financing will be guaranteed by the Latin American Agribusiness Development Corp., the holding company of the Borrowers. The proceeds of the Loan will be used to finance Small and Medium-Sized Enterprises (“SMEs”), that promote food security in Latin America and the Caribbean ("LAC") (the “Project”). IDB Invest Latin American Agribusiness Development Corp. IDB Invest Balevich Macarenko, Anna +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 40000000 40000000 40000000 LAC Agribusiness Development Corp.: Promoting Food Security through SMEs Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14955-01 IDB Invest This transaction consists of an unsecured A/B senior loan and a subordinated loan of up to approximately US$80 million (or Dominican Pesos, “DOP”, equivalent) to be granted to Banco Múltiple Promerica República Dominicana, S.A. (“Promerica DR” or the “Bank”). These loans are collectively referred to as the “Project” or the “Loan.” The A/B senior loan has a term of up to seven years from disbursement, including a two-year grace period for principal repayment, while the subordinated loan has a term of up to 10 years with a bullet repayment at maturity. IDB Invest will fund up to US$35 million of the Loan, which consists of four parts: (i) up to US$10 million (or its equivalent in DOP) in senior committed funds; (ii) up to US$10 million (or its equivalent in DOP) in senior uncommitted funds; (iii) up to US$5 million in committed subordinated funds; and (iv) up to US$10 million to be provided through blended finance. The remaining portion will be covered by one or more external participants (the “B Loan”).The primary objective of the Project is to enhance access to financing for Small and Medium Enterprises (SMEs), particularly those that are women-owned or led (“Women SMEs”), as well as for green projects within the Dominican Republic. To achieve this objective, the transaction aims to strengthen Promerica DR’s long-term financing capabilities, diversify its funding sources, and bolster its capital base, thereby supporting its growth strategy for the loan portfolio, which includes the targeted segments. Likewise, the Loan may encompass a Technical Advisory Services (“TA”) component provided by IDB Invest, aimed at assisting the Bank in enhancing its value proposition and management practices to improve its SME and green portfolio. This transaction consists of an unsecured A/B senior loan and a subordinated loan of up to approximately US$80 million (or Dominican Pesos, “DOP”, equivalent) to be granted to Banco Múltiple Promerica República Dominicana, S.A. (“Promerica DR” or the “Bank”). These loans are collectively referred to as the “Project” or the “Loan.” The A/B senior loan has a term of up to seven years from disbursement, including a two-year grace period for principal repayment, while the subordinated loan has a term of up to 10 years with a bullet repayment at maturity. IDB Invest will fund up to US$35 million of the Loan, which consists of four parts: (i) up to US$10 million (or its equivalent in DOP) in senior committed funds; (ii) up to US$10 million (or its equivalent in DOP) in senior uncommitted funds; (iii) up to US$5 million in committed subordinated funds; and (iv) up to US$10 million to be provided through blended finance. The remaining portion will be covered by one or more external participants (the “B Loan”).The primary objective of the Project is to enhance access to financing for Small and Medium Enterprises (SMEs), particularly those that are women-owned or led (“Women SMEs”), as well as for green projects within the Dominican Republic. To achieve this objective, the transaction aims to strengthen Promerica DR’s long-term financing capabilities, diversify its funding sources, and bolster its capital base, thereby supporting its growth strategy for the loan portfolio, which includes the targeted segments. Likewise, the Loan may encompass a Technical Advisory Services (“TA”) component provided by IDB Invest, aimed at assisting the Bank in enhancing its value proposition and management practices to improve its SME and green portfolio. IDB Invest Banco Múltiple Promérica de la República Dominicana, S.A. IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Financial Institutions 25000000 25000000 25000000 Promerica DR – Senior and Subordinated Loan for Climate and SMEs Financing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14964-01 IDB Invest El Proyecto consiste en dos préstamos para financiar el programa de expansión del Grupo HiTec en México. El primer préstamo (Hitec II) será otorgado a Haas Machine Tools, S.A. de C.V. (“HiTec” o la “Empresa”) para, en parte, refinanciar el saldo insoluto del préstamo existente otorgado por BID Invest a los Co-Prestatarios y el remanente para financiar el crecimiento de la cartera de créditos de HiFin Solutions, S.A. de C.V. para la adquisición o arrendamiento de equipos y maquinaria de control numérico computarizado de alta precisión por parte de los clientes de HiTEC en México (principalmente micro, pequeñas y medianas empresas - “MiPyMES”). El segundo préstamo (“Hitec NI”) será otorgado a Inmobiliaria Quasar, S.A. de C.V., afiliada de Grupo HiTec para financiar la construcción de una nave industrial en el estado de Querétaro para las operaciones del Grupo HiTec. El Proyecto consiste en dos préstamos para financiar el programa de expansión del Grupo HiTec en México. El primer préstamo (Hitec II) será otorgado a Haas Machine Tools, S.A. de C.V. (“HiTec” o la “Empresa”) para, en parte, refinanciar el saldo insoluto del préstamo existente otorgado por BID Invest a los Co-Prestatarios y el remanente para financiar el crecimiento de la cartera de créditos de HiFin Solutions, S.A. de C.V. para la adquisición o arrendamiento de equipos y maquinaria de control numérico computarizado de alta precisión por parte de los clientes de HiTEC en México (principalmente micro, pequeñas y medianas empresas - “MiPyMES”). El segundo préstamo (“Hitec NI”) será otorgado a Inmobiliaria Quasar, S.A. de C.V., afiliada de Grupo HiTec para financiar la construcción de una nave industrial en el estado de Querétaro para las operaciones del Grupo HiTec. IDB Invest INMOBILIARIA QUASAR, S.A. DE C.V. IDB Invest Aguirre Hernandez, Alma Iliana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 6000000 6000000 6000000 HITEC Nave Industrial Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14916-01 IDB Invest Sygnus Capital Ltd. (“Sygnus” or the “Fund Manager”) is raising the Caribbean Community Resilience Fund (“CCRF” or “the Fund”), which is focused on investing in medium‑sized firms and projects that build economic resilience, and climate projects in the Caribbean basin. The Fund will increase climate mitigation and adaptation through its focus on renewable energy, transportation, blue economy, information and communications technology (“ICT”), financial services, agri, and affordable & sustainable housing, throughout the Caribbean. Sygnus is a leading Caribbean alternative asset manager, with extensive experience and a deep regional network. Sygnus will execute CCRF’s mandate through a separate equity vehicle (“CCRF Equity Fund”) and a separate debt vehicle (“CCRF Debt Fund”), with a combined target of US$100 million-US$135 million. IDB Invest has committed an equity investment of up to US$10 million in the CCRF Equity Fund (which includes US$5 million of blended finance resources from the United Kingdom Sustainable Infrastructure Program (“UK SIP”)). IDB Invest is also considering a participation of up to US$10 million in the CCRF Debt Fund. IDB Invest has conducted an Environmental and Social Due Diligence (“ESDD”) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD confirmed the project’s E&S categorization and assessed the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (“ESRS”) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (“ESAP”) presented below, to comply with the date mentioned above. Sygnus Capital Ltd. (“Sygnus” or the “Fund Manager”) is raising the Caribbean Community Resilience Fund (“CCRF” or “the Fund”), which is focused on investing in medium‑sized firms and projects that build economic resilience, and climate projects in the Caribbean basin. The Fund will increase climate mitigation and adaptation through its focus on renewable energy, transportation, blue economy, information and communications technology (“ICT”), financial services, agri, and affordable & sustainable housing, throughout the Caribbean. Sygnus is a leading Caribbean alternative asset manager, with extensive experience and a deep regional network. Sygnus will execute CCRF’s mandate through a separate equity vehicle (“CCRF Equity Fund”) and a separate debt vehicle (“CCRF Debt Fund”), with a combined target of US$100 million-US$135 million. IDB Invest has committed an equity investment of up to US$10 million in the CCRF Equity Fund (which includes US$5 million of blended finance resources from the United Kingdom Sustainable Infrastructure Program (“UK SIP”)). IDB Invest is also considering a participation of up to US$10 million in the CCRF Debt Fund. IDB Invest has conducted an Environmental and Social Due Diligence (“ESDD”) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD confirmed the project’s E&S categorization and assessed the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (“ESRS”) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (“ESAP”) presented below, to comply with the date mentioned above. IDB Invest Caribbean Community Resilience Fund IDB Invest Espinoza Diaz, Jose Alejandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Investment Funds 5000000 5000000 5000000 Caribbean Community Resilience Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14969-01 IDB Invest The operation consists of providing support to Banco W S.A. (“Banco W” or the “Bank”) through financing in Colombian Pesos (“COP”) for an amount of up to COP200 billion, with a three-year term and bullet repayment at maturity. BID Invest may share the financing amount with other investors. The financing resources will be used to support the growth of the microenterprise portfolio, microenterprises owned by and/or led by women, and microenterprises in the Amazon region of Colombia.Additionally, the project will be accompanied by technical advisory services defined in collaboration with Banco W. The operation consists of providing support to Banco W S.A. (“Banco W” or the “Bank”) through financing in Colombian Pesos (“COP”) for an amount of up to COP200 billion, with a three-year term and bullet repayment at maturity. BID Invest may share the financing amount with other investors. The financing resources will be used to support the growth of the microenterprise portfolio, microenterprises owned by and/or led by women, and microenterprises in the Amazon region of Colombia.Additionally, the project will be accompanied by technical advisory services defined in collaboration with Banco W. IDB Invest BANCO W S.A. IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 22627000 22627000 22627000 Financing with Banco W Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14971-01 IDB Invest Tour Vacaciones Hoteles Azul S.A.S. BIC (the “Company” or “On Vacation”) is a Colombian-based company that operates 11 hotels under the On Vacation brand. Founded in 2009, it has distinguished itself by offering vacation experiences in iconic Colombian destinations such as San Andrés, La Guajira, and the Amazon. As a vertically integrated company, it provides all-inclusive packages that include lodging, agency, transportation, and entertainment. Its goal is to provide families with affordable vacation packages, guaranteeing a constant level of service, comfortable accommodations, and a wide variety of amenities and activities. On Vacation is seeking a line of credit of up to US$12 million committed, and another US$20 million uncommitted. The primary purpose of this financing is to support its growth and expansion plans. In addition, it intends to invest in solar solutions to provide renewable energy to its properties located in the Amazon and La Guajira. It also plans to refinance part of the financial debt and establish a revolving working capital facility. The Company aims to strengthen its impact and sustainability practices, and therefore wishes to leverage IDB Invest's experience and advisory services to amplify its sustainability programs at a national level, thereby elevating its social and environmental commitment. Tour Vacaciones Hoteles Azul S.A.S. BIC (the “Company” or “On Vacation”) is a Colombian-based company that operates 11 hotels under the On Vacation brand. Founded in 2009, it has distinguished itself by offering vacation experiences in iconic Colombian destinations such as San Andrés, La Guajira, and the Amazon. As a vertically integrated company, it provides all-inclusive packages that include lodging, agency, transportation, and entertainment. Its goal is to provide families with affordable vacation packages, guaranteeing a constant level of service, comfortable accommodations, and a wide variety of amenities and activities. On Vacation is seeking a line of credit of up to US$12 million committed, and another US$20 million uncommitted. The primary purpose of this financing is to support its growth and expansion plans. In addition, it intends to invest in solar solutions to provide renewable energy to its properties located in the Amazon and La Guajira. It also plans to refinance part of the financial debt and establish a revolving working capital facility. The Company aims to strengthen its impact and sustainability practices, and therefore wishes to leverage IDB Invest's experience and advisory services to amplify its sustainability programs at a national level, thereby elevating its social and environmental commitment. IDB Invest Hoteles On Vacation IDB Invest Bauer Landivar, Luis Alberto +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Tourism 32000000 32000000 32000000 On Vacation Hotels Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14979-01 IDB Invest This transaction consists of a long-term corporate loan of up to US$50 million for American Industrial Park S.A. de C.V. ("AIP" or the "Company"). AIP is a client of IDB Invest and a leader in El Salvador ("ES") in the construction and management of free trade zones and industrial parks, with nearly 30 years of experience. It currently manages more than 200,000 m² of industrial space, mainly housing international companies that employ over 12,000 people. AIP also participates in renewable energy generation through its photovoltaic installations, which it uses for self-consumption in its parks as well as to supply the national grid, ensuring clean operations in its activities and contributing to the diversification of El Salvador's energy matrix.The proposed financing contemplates three main objectives: (i) the development of phase II of the Orion Industrial Park expansion, which includes the construction of new industrial buildings and the expansion of existing ones; (ii) the modernization of AIP's current facilities to attract new industries, as well as the development of a new free trade zone adjacent to El Salvador's International Airport, to facilitate the development of logistics, storage, and air maintenance activities; and (iii) the installation of new photovoltaic capacity on the new industrial roofs for renewable energy generation and the use of related batteries for energy storage. IDB Invest will also be supporting AIP with advisory services to obtain EDGE certification in sustainable construction. This transaction consists of a long-term corporate loan of up to US$50 million for American Industrial Park S.A. de C.V. ("AIP" or the "Company"). AIP is a client of IDB Invest and a leader in El Salvador ("ES") in the construction and management of free trade zones and industrial parks, with nearly 30 years of experience. It currently manages more than 200,000 m² of industrial space, mainly housing international companies that employ over 12,000 people. AIP also participates in renewable energy generation through its photovoltaic installations, which it uses for self-consumption in its parks as well as to supply the national grid, ensuring clean operations in its activities and contributing to the diversification of El Salvador's energy matrix.The proposed financing contemplates three main objectives: (i) the development of phase II of the Orion Industrial Park expansion, which includes the construction of new industrial buildings and the expansion of existing ones; (ii) the modernization of AIP's current facilities to attract new industries, as well as the development of a new free trade zone adjacent to El Salvador's International Airport, to facilitate the development of logistics, storage, and air maintenance activities; and (iii) the installation of new photovoltaic capacity on the new industrial roofs for renewable energy generation and the use of related batteries for energy storage. IDB Invest will also be supporting AIP with advisory services to obtain EDGE certification in sustainable construction. IDB Invest AMERICAN INDUSTRIAL PARK S.A DE C.V IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Manufacturing 50000000 50000000 50000000 AIP: Financing to develop infrastructure to bring supply chains closer (Orion II) Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14985-01 IDB Invest The Sheriff Group and its subsidiaries will undertake the construction of a commercial complex in the form of a sustainable shopping mall in Guyana (the “Project”). The principal subsidiaries involved in the Project are i) Sheriff Security Services (“Sheriff Security”), which provides security services to corporate clients in Guyana; and ii) Sheriff Construction Inc. (“Sheriff Construction”), which focuses primarily on civil construction, covering a wide range of projects from commercial buildings to infrastructure development – collectively referred to as the “Company” or the “Client”. With the support of IDB Invest, the complex will have EDGE green building certification. The Sheriff Group and its subsidiaries will undertake the construction of a commercial complex in the form of a sustainable shopping mall in Guyana (the “Project”). The principal subsidiaries involved in the Project are i) Sheriff Security Services (“Sheriff Security”), which provides security services to corporate clients in Guyana; and ii) Sheriff Construction Inc. (“Sheriff Construction”), which focuses primarily on civil construction, covering a wide range of projects from commercial buildings to infrastructure development – collectively referred to as the “Company” or the “Client”. With the support of IDB Invest, the complex will have EDGE green building certification. IDB Invest Sheriff Security Inc. and Sheriff Construction Inc. IDB Invest Bazan, Paola +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guyana Guyana Manufacturing 5000000 5000000 5000000 One (Guyana) High Rise Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14986-01 IDB Invest The Project consists of the subscription of a senior thematic bond (Sustainable Bond) in local currency (MXN), issued by a new special purpose vehicle (“SPV”) to be incorporated in Mexico. The issuance will be backed by a portfolio of segregated loans under a private issuance modality (portfolio securitization), with Mercader Financial, S.A., SOFOM, E.R. (“Mercader” or the “Originator”) acting as the servicer and originator of the underlying loans. The issuance to be subscribed by IDB Invest will consist of the following characteristics: (i) senior bonds denominated in Mexican pesos (“MXN”), (ii) it will have a tenor of up to five years, including a two-year revolving period and a three-year amortization period, (iii) categorized as a thematic bond under the “sustainable bond” label and (iv) it will be aligned with the provisions of the International Capital Markets Association (“ICMA”). The use of funds will allow Mercader to originate new green loans as well as loans for micro, small and medium-sized enterprises (“MSMEs”) in Mexico. The Project consists of the subscription of a senior thematic bond (Sustainable Bond) in local currency (MXN), issued by a new special purpose vehicle (“SPV”) to be incorporated in Mexico. The issuance will be backed by a portfolio of segregated loans under a private issuance modality (portfolio securitization), with Mercader Financial, S.A., SOFOM, E.R. (“Mercader” or the “Originator”) acting as the servicer and originator of the underlying loans. The issuance to be subscribed by IDB Invest will consist of the following characteristics: (i) senior bonds denominated in Mexican pesos (“MXN”), (ii) it will have a tenor of up to five years, including a two-year revolving period and a three-year amortization period, (iii) categorized as a thematic bond under the “sustainable bond” label and (iv) it will be aligned with the provisions of the International Capital Markets Association (“ICMA”). The use of funds will allow Mercader to originate new green loans as well as loans for micro, small and medium-sized enterprises (“MSMEs”) in Mexico. IDB Invest MERCADER FINANCIAL, S.A., SOFOM, E. IDB Invest Simon Mugica, Armando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 29473400 29473400 29473400 Sustainable Mobility Bond in Mexico Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14988-01 IDB Invest Inkaterra (the “Group” or “Inkaterra”) is a Peruvian hotel group with more than 40 years of experience, which operates seven hotels in emblematic destinations of the country, such as Machu Picchu, Valle Sagrado and Madre de Dios in the Amazon. These properties are recognized for their unique combination of hotel services and environmental sustainability, offering immersive experiences in some of Peru’s most biodiverse regions. Inkaterra’s operations are deeply rooted in scientific research and biodiversity conservation, with a holistic approach that integrates hospitality with sustainable development. Inkaterra, through its subsidiaries Palma Real S.A.C., Estación Ecológica Turística Amarumayo S.A.C., and Cabo Inka S.A.C., is seeking a US$12.0 million senior secured loan to develop new properties in the northern region of Peru (Cabo Blanco) and Machu Picchu, increase the room capacity of its existing hotels in the Peruvian Amazon (Madre de Dios), and to optimize its capital structure. Additionally, the Group is seeking an uncommitted revolving credit facility of up to US$5.0 million to finance working capital needs, focusing mainly on the payment of SME suppliers. Inkaterra intends to strengthen its impact and sustainability practices, and therefore wishes to take advantage of IDB Invest’s expertise and advisory services to expand its sustainability programs at a national level, thus enhancing its social and environmental commitment. Inkaterra (the “Group” or “Inkaterra”) is a Peruvian hotel group with more than 40 years of experience, which operates seven hotels in emblematic destinations of the country, such as Machu Picchu, Valle Sagrado and Madre de Dios in the Amazon. These properties are recognized for their unique combination of hotel services and environmental sustainability, offering immersive experiences in some of Peru’s most biodiverse regions. Inkaterra’s operations are deeply rooted in scientific research and biodiversity conservation, with a holistic approach that integrates hospitality with sustainable development. Inkaterra, through its subsidiaries Palma Real S.A.C., Estación Ecológica Turística Amarumayo S.A.C., and Cabo Inka S.A.C., is seeking a US$12.0 million senior secured loan to develop new properties in the northern region of Peru (Cabo Blanco) and Machu Picchu, increase the room capacity of its existing hotels in the Peruvian Amazon (Madre de Dios), and to optimize its capital structure. Additionally, the Group is seeking an uncommitted revolving credit facility of up to US$5.0 million to finance working capital needs, focusing mainly on the payment of SME suppliers. Inkaterra intends to strengthen its impact and sustainability practices, and therefore wishes to take advantage of IDB Invest’s expertise and advisory services to expand its sustainability programs at a national level, thus enhancing its social and environmental commitment. IDB Invest Palma Real S.A.C., Estación Ecológica Turística Amarumayo S.A.C., and Cabo Inka S.A.C IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Tourism 17000000 17000000 17000000 Inkaterra Hotels: Scaling Sustainable Tourism in Peru Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14991-01 IDB Invest The transaction consists of a revolving credit facility of up to US$20 million to support the import of electric vehicles and charging infrastructure for Autostar Vehículos S.A. and Diveimport S.A. Through this facility, IDB Invest aims to promote the introduction of electric vehicles in the Peruvian and Costa Rican markets. Electric vehicles are expected to gradually replace traditional diesel and gas-powered vehicles, contributing to the reduction of carbon emissions. The transaction consists of a revolving credit facility of up to US$20 million to support the import of electric vehicles and charging infrastructure for Autostar Vehículos S.A. and Diveimport S.A. Through this facility, IDB Invest aims to promote the introduction of electric vehicles in the Peruvian and Costa Rican markets. Electric vehicles are expected to gradually replace traditional diesel and gas-powered vehicles, contributing to the reduction of carbon emissions. IDB Invest Diveimport S.A. y Autostar Vehículos S.A. IDB Invest Amesquita Chavez, David Alejandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Transport 20000000 20000000 20000000 Kaufmann Group Import Finance Facility for Electric Vehicles in Peru and Costa Rica Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14992-01 IDB Invest IDB Invest proposes to fund up to US$5 million for the acquisition, renovation and rebranding of Hotel Los Mandarinos, an existing 70-room standalone hotel, together with a restaurant and an event venue. Once the hotel is fully built, it will be rebranded as Hotel La Compañía El Valle and will be operated as part of The Unbound Collection by Hyatt portfolio. The Project is expected to contribute to the economic development of Anton Valley by supporting the first hotel affiliated to an international brand in the area and one of the first ones outside the City of Panama. The Project’s development goals include: (i) increasing service export thanks to an improved use of the existing hotel infrastructure and (ii) creating business opportunities for local suppliers and employees. IDB Invest proposes to fund up to US$5 million for the acquisition, renovation and rebranding of Hotel Los Mandarinos, an existing 70-room standalone hotel, together with a restaurant and an event venue. Once the hotel is fully built, it will be rebranded as Hotel La Compañía El Valle and will be operated as part of The Unbound Collection by Hyatt portfolio. The Project is expected to contribute to the economic development of Anton Valley by supporting the first hotel affiliated to an international brand in the area and one of the first ones outside the City of Panama. The Project’s development goals include: (i) increasing service export thanks to an improved use of the existing hotel infrastructure and (ii) creating business opportunities for local suppliers and employees. IDB Invest Shebandowan Holdings S.A. IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Tourism 3000000 3000000 3000000 Hotel La Compañia El Valle Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14996-01 IDB Invest Rentek S.A.S. is a Colombian company with more than 25 years of experience in the leasing of industrial machinery, technology equipment, and medical-scientific equipment. Currently, it is consolidated as the third largest company in its sector in Colombia. Rentek offers renting solutions that allow SMEs to access advanced technology and specialized equipment without compromising their cash flow, promoting their technological modernization and increasing their competitiveness in the market.IDB Invest proposes financing a long-term senior loan of up to US$10 million to support Rentek's expansion. This financing will be used to acquire new machinery and equipment, which will allow Rentek to expand its offering and reach a larger number of SMEs, with part of the resources being allocated to women-led SMEs. In this way, access to modern productive assets for small and medium-sized enterprises will be strengthened, supporting their growth and improving their operational efficiency. Rentek S.A.S. is a Colombian company with more than 25 years of experience in the leasing of industrial machinery, technology equipment, and medical-scientific equipment. Currently, it is consolidated as the third largest company in its sector in Colombia. Rentek offers renting solutions that allow SMEs to access advanced technology and specialized equipment without compromising their cash flow, promoting their technological modernization and increasing their competitiveness in the market.IDB Invest proposes financing a long-term senior loan of up to US$10 million to support Rentek's expansion. This financing will be used to acquire new machinery and equipment, which will allow Rentek to expand its offering and reach a larger number of SMEs, with part of the resources being allocated to women-led SMEs. In this way, access to modern productive assets for small and medium-sized enterprises will be strengthened, supporting their growth and improving their operational efficiency. IDB Invest Rentek IDB Invest Vargas Toledo, Maria Fernanda +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Manufacturing 10000000 10000000 10000000 Rentek: Loan for Tech and Machinery Leasing to SMEs in Colombia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14995-01 IDB Invest IDB Invest is proposing an equity investment of up to US$5 million in Mundi Insurtech Latam I, (the “Fund”), an investment fund focused on insurtech (insurance technology) providers throughout Latin America and the Caribbean (“LAC”). The region’s low insurance penetration is a result of lagging investment in this sector, which exacerbates inequality and restricts economic growth; insurtech can help close the large protection gap and promote financial inclusion. Underlying sectors include health and agriculture, insuring against climate and other risks, and Small and Medium-Sized Enterprises (“SMEs”) are expected to be the principal off-takers.The Fund has a US$100 million target and will be managed by Alma Mundi Ventures (“Mundi Ventures” or the “Fund Manager”), an experienced global fund manager with prior experience in LAC. IDB Invest is proposing an equity investment of up to US$5 million in Mundi Insurtech Latam I, (the “Fund”), an investment fund focused on insurtech (insurance technology) providers throughout Latin America and the Caribbean (“LAC”). The region’s low insurance penetration is a result of lagging investment in this sector, which exacerbates inequality and restricts economic growth; insurtech can help close the large protection gap and promote financial inclusion. Underlying sectors include health and agriculture, insuring against climate and other risks, and Small and Medium-Sized Enterprises (“SMEs”) are expected to be the principal off-takers.The Fund has a US$100 million target and will be managed by Alma Mundi Ventures (“Mundi Ventures” or the “Fund Manager”), an experienced global fund manager with prior experience in LAC. IDB Invest Mundi Ventures - LATAM Insurtech Fund IDB Invest Espinoza Diaz, Jose Alejandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Investment Funds 5000000 5000000 5000000 Mundi Ventures - LATAM Insurtech Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15004-01 IDB Invest The proposed transaction consists of a corporate loan to the Borrower for up to US$30.0 million to (i) support its working capital requirements and finance its (i) working capital requirements and (ii) 2024/2026 capital expenditures program consisting, among others, of (a) the implementation of smart grid solutions and modernization of its information technology infrastructure, (b) financing of new electric vehicles; (c) network enhancements; and (d) new and replacement of LED street lighting (the “Project”). The Financing will be structured in two phases: (a) phase 1 will consist of a committed tranche for up to US$15 million (“Phase 1” or the “Committed Facility”) comprised of (a) a revolving working capital tranche for up to US$5 million with a maturity period of 2 years and an availability period of 7 years and (b) a 7-year amortizing loan, including a 24-month grace period, for up to US$10 million; and (ii) phase 2 will consist of an uncommitted tranche for additional US$15 million (“Phase 2” or the ”Uncommitted Facility”) replicating the same terms and conditions as Phase 1. The proposed transaction consists of a corporate loan to the Borrower for up to US$30.0 million to (i) support its working capital requirements and finance its (i) working capital requirements and (ii) 2024/2026 capital expenditures program consisting, among others, of (a) the implementation of smart grid solutions and modernization of its information technology infrastructure, (b) financing of new electric vehicles; (c) network enhancements; and (d) new and replacement of LED street lighting (the “Project”). The Financing will be structured in two phases: (a) phase 1 will consist of a committed tranche for up to US$15 million (“Phase 1” or the “Committed Facility”) comprised of (a) a revolving working capital tranche for up to US$5 million with a maturity period of 2 years and an availability period of 7 years and (b) a 7-year amortizing loan, including a 24-month grace period, for up to US$10 million; and (ii) phase 2 will consist of an uncommitted tranche for additional US$15 million (“Phase 2” or the ”Uncommitted Facility”) replicating the same terms and conditions as Phase 1. IDB Invest Belize Electricity Limited IDB Invest Monje, Marco +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Belize Belize Energy 30000000 30000000 30000000 Belize Electricity Limited's Climate Mitigation Program Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15003-01 IDB Invest Cala Servicios Integrales SAC (“MiFibra” by its commercial name) is a Peruvian telecommunications company. It offers fixed broadband internet services using fiber-to-the-home (“FTTH”) technologies in the provinces of Peru.This transaction consists of a long-term loan that will allow MiFibra to expand the coverage of its FTTH networks and reach new residential and commercial customers to promote digital and social inclusion with its high-speed and affordable internet services. Cala Servicios Integrales SAC (“MiFibra” by its commercial name) is a Peruvian telecommunications company. It offers fixed broadband internet services using fiber-to-the-home (“FTTH”) technologies in the provinces of Peru.This transaction consists of a long-term loan that will allow MiFibra to expand the coverage of its FTTH networks and reach new residential and commercial customers to promote digital and social inclusion with its high-speed and affordable internet services. IDB Invest CALA SERVICIOS INTEGRALES S.A.C IDB Invest Nozaki, Hiroshi +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Digital Economy 13000000 13000000 13000000 MiFibra Perú FTTH Network Expansion Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15010-01 IDB Invest The project involves providing support to Caja Central Financoop in issuing a Social Bond in Ecuador. The maximum total amount of the Bond will be up to US$20 million, with a term of four years composed as follows: (i) a subscription from IDB Invest for a total amount of up to US$ 10 million; and (ii) an amount mobilized with other co-investors of up to US$10 million. The resources from the Bond will be used to expand financing for microenterprises, microenterprises in rural areas, owned by and/or led by women, low-income individuals, and/or individuals with low levels of education.Additionally, the project will be supported with technical advisory services defined in collaboration with Financoop in the development of the bond issuance project. The project involves providing support to Caja Central Financoop in issuing a Social Bond in Ecuador. The maximum total amount of the Bond will be up to US$20 million, with a term of four years composed as follows: (i) a subscription from IDB Invest for a total amount of up to US$ 10 million; and (ii) an amount mobilized with other co-investors of up to US$10 million. The resources from the Bond will be used to expand financing for microenterprises, microenterprises in rural areas, owned by and/or led by women, low-income individuals, and/or individuals with low levels of education.Additionally, the project will be supported with technical advisory services defined in collaboration with Financoop in the development of the bond issuance project. IDB Invest Financoop IDB Invest Vera Rodulfo, Ana Beatriz del Carmen +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 10000000 10000000 10000000 Alliance with Caja Central Financoop to Promote Financial Inclusion in Ecuador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15009-01 IDB Invest The transaction includes a financing package with a US$ 25 million long-term loan and a US$ 10 million revolving import credit line to support the company’s investment plan and growth. The project will fund capacity expansion for battery production in Manaus and Extrema, Brazil, including a new and expanded BESS production line, acquisition of electric mobility and telecom equipment, automation upgrades in Manaus, a new LFP production line, and the construction of a battery plant for electric and hybrid vehicles. The objective is to increase and diversify value-added production, boost supply chain growth, create formal jobs, and provide energy storage solutions benefiting the Amazon region. The transaction includes a financing package with a US$ 25 million long-term loan and a US$ 10 million revolving import credit line to support the company’s investment plan and growth. The project will fund capacity expansion for battery production in Manaus and Extrema, Brazil, including a new and expanded BESS production line, acquisition of electric mobility and telecom equipment, automation upgrades in Manaus, a new LFP production line, and the construction of a battery plant for electric and hybrid vehicles. The objective is to increase and diversify value-added production, boost supply chain growth, create formal jobs, and provide energy storage solutions benefiting the Amazon region. IDB Invest UCB Industria de Componentes Eletronicos e Informatica SA IDB Invest Parodi, Juan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Manufacturing 35000000 35000000 35000000 UCB: Supporting the growth of battery energy solutions in Brazil Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15011-01 IDB Invest The proposed investment (the "Project") involves the subscription of a three-year senior bond divided in two series (being one green and other social) issued by Itaú Unibanco Holding S.A., acting through its Grand Cayman Branch (“Itaú” or the “Bank”) under its Global Medium-Term Note Programme (“MTN”). The bond was privately placed and listed on the Luxembourg Stock Exchange. The total issuance amount was US$250 million, with the International Finance Corporation (“IFC”) subscribing US$200 million and mobilizing IDB Invest to subscribe an additional US$50 million. The bond was additionally issued under Itaú's Sustainability Finance Framework, supporting the Bank's lending program for biodiversity projects related to the Reverte Program and Small and Medium-Sized Enterprises (“SMEs”), with a carve out to support SMEs in Rio Grande do Sul to aid in the disaster recovery in the state. The proposed investment (the "Project") involves the subscription of a three-year senior bond divided in two series (being one green and other social) issued by Itaú Unibanco Holding S.A., acting through its Grand Cayman Branch (“Itaú” or the “Bank”) under its Global Medium-Term Note Programme (“MTN”). The bond was privately placed and listed on the Luxembourg Stock Exchange. The total issuance amount was US$250 million, with the International Finance Corporation (“IFC”) subscribing US$200 million and mobilizing IDB Invest to subscribe an additional US$50 million. The bond was additionally issued under Itaú's Sustainability Finance Framework, supporting the Bank's lending program for biodiversity projects related to the Reverte Program and Small and Medium-Sized Enterprises (“SMEs”), with a carve out to support SMEs in Rio Grande do Sul to aid in the disaster recovery in the state. IDB Invest Itau Unibanco Holding S.A., Grand Cayman Branch IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 50000000 50000000 50000000 Sustainable Bond with Itaú Unibanco in Brazil Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15012-01 IDB Invest The objective of the project is to finance the construction of biogas plants in various regions of Chile. These plants will convert organic waste into biogas—which can be used as thermal energy, electricity, or fuel—and will also produce digestate, a natural fertilizer for agricultural use.The project aims to promote sustainable infrastructure, foster the circular economy, and diversify the country’s energy matrix through the use of renewable sources. The objective of the project is to finance the construction of biogas plants in various regions of Chile. These plants will convert organic waste into biogas—which can be used as thermal energy, electricity, or fuel—and will also produce digestate, a natural fertilizer for agricultural use.The project aims to promote sustainable infrastructure, foster the circular economy, and diversify the country’s energy matrix through the use of renewable sources. IDB Invest Genera 4 IDB Invest Valdes Florenzano, Claudia Andrea +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Water and Sanitation 22500000 22500000 22500000 Genera4: loan for the construction of Biogas Plants in Chile Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15016-01 IDB Invest The transaction consists of a senior unsecured loan to Banco Múltiple Caribe Internacional S.A. (“Banco Caribe” or the “Bank”) of up to US$25.15 million (the “Project” or the “Financing”), for a tenor of up to five years with a twelve-month grace period. The IDB Invest portion of the Project will be structured in two tranches: (i) Tranche I consists of a committed amount of up to US$20 million, to be financed in USD or Dominican Peso (“DOP”) equivalent, (ii) Tranche II consists of an uncommitted amount of up to US$5 million, to be financed in USD or DOP equivalent and (iii) up to US$150,000 from a blended finance (BF) component provided by the Women Entrepreneurs Finance Initiative (“We-Fi”). The Project will support Banco Caribe’s long-term financing and will promote the growth of the Bank’s portfolio of small and medium-sized enterprises (“SMEs”) and Women-owned/-led small and medium enterprise (“WSME”) in the Dominican Republic. The transaction consists of a senior unsecured loan to Banco Múltiple Caribe Internacional S.A. (“Banco Caribe” or the “Bank”) of up to US$25.15 million (the “Project” or the “Financing”), for a tenor of up to five years with a twelve-month grace period. The IDB Invest portion of the Project will be structured in two tranches: (i) Tranche I consists of a committed amount of up to US$20 million, to be financed in USD or Dominican Peso (“DOP”) equivalent, (ii) Tranche II consists of an uncommitted amount of up to US$5 million, to be financed in USD or DOP equivalent and (iii) up to US$150,000 from a blended finance (BF) component provided by the Women Entrepreneurs Finance Initiative (“We-Fi”). The Project will support Banco Caribe’s long-term financing and will promote the growth of the Bank’s portfolio of small and medium-sized enterprises (“SMEs”) and Women-owned/-led small and medium enterprise (“WSME”) in the Dominican Republic. IDB Invest Banco Múltiple Caribe Internacional, S.A. IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Financial Institutions 25000000 25000000 25000000 Banco Caribe - Support for Financing of MSMEs Led by Women and Climate Financing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15023-01 IDB Invest IDB Invest is considering providing a working capital revolving credit facility of up to US$15 million for a term of 5 years to enable FYCO to extend the payment terms offered to small and medium-sized internet providers in the region. This would help expand fiber optic connectivity in large underserved regions of Latin America and the Caribbean, particularly in the Amazon basin of Peru and Ecuador, where FYCO currently has a significant customer base. IDB Invest is considering providing a working capital revolving credit facility of up to US$15 million for a term of 5 years to enable FYCO to extend the payment terms offered to small and medium-sized internet providers in the region. This would help expand fiber optic connectivity in large underserved regions of Latin America and the Caribbean, particularly in the Amazon basin of Peru and Ecuador, where FYCO currently has a significant customer base. IDB Invest FYCO Global Services, S.A. IDB Invest Serrano Rincon, Andres Ricardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Digital Economy 15000000 15000000 15000000 Fyco Telecom Amazon Financing Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15037-01 IDB Invest Calcem S.A. (“Calcem” or the “Company”) is a company incorporated in Peru for the construction and operation of a plant for the production of quicklime and calcium carbonates. The project will involve the construction of the plant and the acquisition and installation of an efficient kiln with a quicklime production capacity of 600 metric tons per day (the “Project”). The Calcem plant will be built on the existing premises of a cement plant located in the Condorcocha area. The Project will supply quicklime to the central and northern regions of the country. The Project will also involve the development of a new quarry in Caripa to provide raw materials for the plant.The transaction consists of a long-term financing to Calcem for up to US$50 million (or its equivalent in PEN), which will be allocated to the construction and commissioning of the new lime plant. Calcem S.A. (“Calcem” or the “Company”) is a company incorporated in Peru for the construction and operation of a plant for the production of quicklime and calcium carbonates. The project will involve the construction of the plant and the acquisition and installation of an efficient kiln with a quicklime production capacity of 600 metric tons per day (the “Project”). The Calcem plant will be built on the existing premises of a cement plant located in the Condorcocha area. The Project will supply quicklime to the central and northern regions of the country. The Project will also involve the development of a new quarry in Caripa to provide raw materials for the plant.The transaction consists of a long-term financing to Calcem for up to US$50 million (or its equivalent in PEN), which will be allocated to the construction and commissioning of the new lime plant. IDB Invest CALCEM S.A. IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Manufacturing 50000000 50000000 50000000 CALCEM - Increasing production capacity of lime in Peru Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14248-01 IDB Invest 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. IDB Invest Banco Promerica, S.A. IDB Invest Castro Fonseca, Cristie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Financial Institutions 45000000 45000000 45000000 Banco Promerica Guatemala - Sustainable Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15047-01 IDB Invest The proposed financing for Negocio Agrícola San Enrique S.A. de C.V. (NASE or the "Company"), one of the main agricultural and aquacultural producers in Sonora, Mexico, involves a secured senior loan of up to US$30 million (the "Financing" or the "Loan"), which will be made up of: (i) a loan of US$10 million with an 8-year tenor, including a 12-month grace period, and (ii) a revolving loan of up to US$20 million with disbursements of up to 390 days and a commitment period of 2.5 years, which can be renewed at discretion of IDB Invest. The proceeds from the Loan will be used to finance the Company’s investments and working capital needs behind its growth and productivity, generally speaking sustainably (the “Project”). The Project development goals are: (i) to increase the production and productivity in the agriculture and aquaculture primary sector; and (ii) to encourage the growth of exports, the national supply chain and employment. The Project will thus contribute to improving food security in the region, in particular in terms of food availability and stability. The proposed financing for Negocio Agrícola San Enrique S.A. de C.V. (NASE or the "Company"), one of the main agricultural and aquacultural producers in Sonora, Mexico, involves a secured senior loan of up to US$30 million (the "Financing" or the "Loan"), which will be made up of: (i) a loan of US$10 million with an 8-year tenor, including a 12-month grace period, and (ii) a revolving loan of up to US$20 million with disbursements of up to 390 days and a commitment period of 2.5 years, which can be renewed at discretion of IDB Invest. The proceeds from the Loan will be used to finance the Company’s investments and working capital needs behind its growth and productivity, generally speaking sustainably (the “Project”). The Project development goals are: (i) to increase the production and productivity in the agriculture and aquaculture primary sector; and (ii) to encourage the growth of exports, the national supply chain and employment. The Project will thus contribute to improving food security in the region, in particular in terms of food availability and stability. IDB Invest Negocio Agrícola San Enrique S.A. de C.V. IDB Invest Aguirre Hernandez, Alma Iliana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 30000000 30000000 30000000 NASE: Promoting Growth and Productivity in a Sustainable Manner Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15059-01 IDB Invest Massy Holding Ltd. (“Massy”) and Massy Integrated Retail Ltd. (“MIRL”), companies incorporated in Trinidad and Tobago, are seeking financing of up to US$150 million to support: (i) a US$90 million capex investment program in their operating subsidiaries in Trinidad and Tobago and Barbados (Term Loan); and (ii) US$60 million in working capital needs (US$35 million committed), (Trade Finance Facility). IDB Invest financing will include advisory services related to sustainability aspects (e.g. climate, digital transformation, and food security).Massy Holdings Limited engages in trading, manufacturing, finance, and service industries throughout the Caribbean Region and South America. Massy operates through the following segments: Integrated Retail, Energy/Gas Products, Motors and Machines, and Financial Services.MIRL, a wholly-owned subsidiary of Massy, oversees an integrated retail and distribution business, including the retailing of merchandise through a chain of supermarkets and the wholesale distribution of agency products. The entity is also an investment holding entity with subsidiaries whose principal activities are the retailing of merchandise through a chain of supermarkets, wholesale distribution, and the administration of a loyalty program. Massy Holding Ltd. (“Massy”) and Massy Integrated Retail Ltd. (“MIRL”), companies incorporated in Trinidad and Tobago, are seeking financing of up to US$150 million to support: (i) a US$90 million capex investment program in their operating subsidiaries in Trinidad and Tobago and Barbados (Term Loan); and (ii) US$60 million in working capital needs (US$35 million committed), (Trade Finance Facility). IDB Invest financing will include advisory services related to sustainability aspects (e.g. climate, digital transformation, and food security).Massy Holdings Limited engages in trading, manufacturing, finance, and service industries throughout the Caribbean Region and South America. Massy operates through the following segments: Integrated Retail, Energy/Gas Products, Motors and Machines, and Financial Services.MIRL, a wholly-owned subsidiary of Massy, oversees an integrated retail and distribution business, including the retailing of merchandise through a chain of supermarkets and the wholesale distribution of agency products. The entity is also an investment holding entity with subsidiaries whose principal activities are the retailing of merchandise through a chain of supermarkets, wholesale distribution, and the administration of a loyalty program. IDB Invest Massy Holding Ltd. and Massy Integrated Retail Ltd. IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Manufacturing 150000000 150000000 150000000 Massy Partnership for Strategic Expansion and Sustainable Growth in the Caribbean (Massy Group) Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15063-01 IDB Invest The present project consists of a comprehensive working capital package of up to a total of US$50 million for Corporación El Rosado S.A. (“The Company”), comprised of: (i) a committed facility of up to US$15 million for financing inventory imports; (ii) an uncommitted facility of up to US$15 million for the same use of funds; and (iii) an uncommitted facility of up to US$20 million to improve access to financing for its suppliers, many of whom are small and medium-sized enterprises (SMEs). This comprehensive financial solution will enable "The Company" to benefit a larger target population from the middle and lower sectors with quality products at competitive prices, while also supporting the value chain of the sector.El Rosado is a company with more than 68 years of experience and is one of the most important business groups in Ecuador, with a national presence through its various lines of business, including the second-largest supermarket chain in the country. Since its founding, the Company has been part of the development of the national business fabric and is currently one of the largest employers in the country, with approximately 9,300 employees. The present project consists of a comprehensive working capital package of up to a total of US$50 million for Corporación El Rosado S.A. (“The Company”), comprised of: (i) a committed facility of up to US$15 million for financing inventory imports; (ii) an uncommitted facility of up to US$15 million for the same use of funds; and (iii) an uncommitted facility of up to US$20 million to improve access to financing for its suppliers, many of whom are small and medium-sized enterprises (SMEs). This comprehensive financial solution will enable "The Company" to benefit a larger target population from the middle and lower sectors with quality products at competitive prices, while also supporting the value chain of the sector.El Rosado is a company with more than 68 years of experience and is one of the most important business groups in Ecuador, with a national presence through its various lines of business, including the second-largest supermarket chain in the country. Since its founding, the Company has been part of the development of the national business fabric and is currently one of the largest employers in the country, with approximately 9,300 employees. IDB Invest Corporacion El Rosado S.A. IDB Invest Mendoza Yauri, Franklin Augusto +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing 50000000 50000000 50000000 El Rosado – Soluciones de Capital de trabajo en Ecuador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15065-01 IDB Invest The Project consists of a senior loan for up to BBD$10 million to Cave Shepherd Card (Barbados) Inc. (“CSCBI” or “Payce Digital”), equivalent to approximately US$5 million and for up to five years, to promote financial inclusion in Barbados. The use of funds will support CSCBI’s focus on providing access to credit facilities for persons who are traditionally under-banked. As a non-deposit taking institution, CSCBI relies primarily on wholesale funding to support its lending operations. The Project consists of a senior loan for up to BBD$10 million to Cave Shepherd Card (Barbados) Inc. (“CSCBI” or “Payce Digital”), equivalent to approximately US$5 million and for up to five years, to promote financial inclusion in Barbados. The use of funds will support CSCBI’s focus on providing access to credit facilities for persons who are traditionally under-banked. As a non-deposit taking institution, CSCBI relies primarily on wholesale funding to support its lending operations. IDB Invest Cave Shepherd Card (Barbados) Inc. IDB Invest Castro Fonseca, Cristie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Barbados Barbados Financial Institutions 5000000 5000000 5000000 Payce Digital - Senior Loan Supporting Financial Inclusion in Barbados Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15068-01 IDB Invest Finabank N.V. (“Finabank”), established in 1991 and 100% private owned, is one of the systemically important financial institutions in Suriname. IDB Invest is exploring a senior unsecured debt financing of up to US$15 million to originate sub-loans to sub-borrowers. The main focus will be to support the growth of the Micro, Small, and Medium-Sized Enterprises (“MSMEs”) in Suriname. The tenor of the loan will be up to seven years with a grace period of five years with four equal repayments during the last two years. A special focus will be emphasized on women-led MSMEs. Finabank N.V. (“Finabank”), established in 1991 and 100% private owned, is one of the systemically important financial institutions in Suriname. IDB Invest is exploring a senior unsecured debt financing of up to US$15 million to originate sub-loans to sub-borrowers. The main focus will be to support the growth of the Micro, Small, and Medium-Sized Enterprises (“MSMEs”) in Suriname. The tenor of the loan will be up to seven years with a grace period of five years with four equal repayments during the last two years. A special focus will be emphasized on women-led MSMEs. IDB Invest FINABANK N.V. IDB Invest Elli Gonzalez, Leila Leticia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Suriname Suriname Financial Institutions 15000000 15000000 15000000 Debt Financing Finabank N.V. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15055-01 IDB Invest Prize Holding Chile SpA. and its subsidiaries is a group of companies engaged in producing, processing, packing and selling fruits, specifically, cherries, blueberries, pears, walnuts, plums, nectarines, grapes, kiwis, oranges, tangerines and apples, among others. Organized in Chile, the Company is expanding its operations to Peru and Mexico. The financing proposed consists in a senior loan of up to US$20 million over 390 days, a long-term senior loan for up to US$70 million over a maximum term of 10 years earmarked for the Company’s investment program for 2024 and 2025 in order to increase production, implement new technologies and efficiencies in its operations in Chile, Peru and Mexico. In addition there will be a line to finance working capital in the amount of up to US$30 million. Prize Holding Chile SpA. and its subsidiaries is a group of companies engaged in producing, processing, packing and selling fruits, specifically, cherries, blueberries, pears, walnuts, plums, nectarines, grapes, kiwis, oranges, tangerines and apples, among others. Organized in Chile, the Company is expanding its operations to Peru and Mexico. The financing proposed consists in a senior loan of up to US$20 million over 390 days, a long-term senior loan for up to US$70 million over a maximum term of 10 years earmarked for the Company’s investment program for 2024 and 2025 in order to increase production, implement new technologies and efficiencies in its operations in Chile, Peru and Mexico. In addition there will be a line to finance working capital in the amount of up to US$30 million. IDB Invest PRIZE - CAPEX IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Agribusiness 135000000 135000000 135000000 PRIZE - CAPEX Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15071-01 IDB Invest The operation consists of a senior loan of up to US$10 million to be financed by IDB Invest (the "IDB Invest Loan") and a parallel loan of up to US$10 million to be financed by co-lenders (the "Parallel Loan" and together with the IDB Invest Loan, the "Loan"). The Loan is expected to have a term of up to four years, with semiannual principal and interest amortization payments. The Loan proceeds will be used to promote the growth of Banco Solidario's portfolio of microenterprises owned and/or led by women in Ecuador. The Project team will support Banco Solidario through technical advisory services to strengthen the Bank's inclusion strategy by enhancing the measurement of the impact generated in Banco Solidario's portfolio. This will be done through the improvement of data collection and monitoring. The operation consists of a senior loan of up to US$10 million to be financed by IDB Invest (the "IDB Invest Loan") and a parallel loan of up to US$10 million to be financed by co-lenders (the "Parallel Loan" and together with the IDB Invest Loan, the "Loan"). The Loan is expected to have a term of up to four years, with semiannual principal and interest amortization payments. The Loan proceeds will be used to promote the growth of Banco Solidario's portfolio of microenterprises owned and/or led by women in Ecuador. The Project team will support Banco Solidario through technical advisory services to strengthen the Bank's inclusion strategy by enhancing the measurement of the impact generated in Banco Solidario's portfolio. This will be done through the improvement of data collection and monitoring. IDB Invest Banco Solidario S.A. IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 10000000 10000000 10000000 Banco Solidario: Senior loan supporting women microenterprises in Ecuador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15080-01 IDB Invest The proposed project includes a financing mechanism consisting of a senior revolving warehouse facility of up to US$30 million, the proceeds of which will be used to purchase and accumulate mortgage loans through eligible Endorsable Mortgage Credits (“EMCs”) and housing leasing contracts to individuals in Chile, with a particular focus on gender and inclusion. The facility will serve as a line of credit to an investment fund managed by Ameris. Both the EMCs and the housing leasing contracts will be accumulated for future asset-backed securitization. This transaction will support and improve access to finance for individuals in Chile, thereby reducing the existing housing deficit. The proposed project includes a financing mechanism consisting of a senior revolving warehouse facility of up to US$30 million, the proceeds of which will be used to purchase and accumulate mortgage loans through eligible Endorsable Mortgage Credits (“EMCs”) and housing leasing contracts to individuals in Chile, with a particular focus on gender and inclusion. The facility will serve as a line of credit to an investment fund managed by Ameris. Both the EMCs and the housing leasing contracts will be accumulated for future asset-backed securitization. This transaction will support and improve access to finance for individuals in Chile, thereby reducing the existing housing deficit. IDB Invest Ameris Capital IDB Invest Penagaricano, Matilde +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Financial Institutions 24061300 24061300 24061300 Warehousing Facility for Social Housing Financing with Ameris in Chile Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15096-01 IDB Invest IDB Invest is considering a potential equity investment of up to US$10 million in Super Fruits International, a Cayman Islands–incorporated entity and shareholder of Frooty Comércio e Indústria de Alimentos S.A. (“Frooty”). The proposed investment is intended to support the expansion of Frooty’s operations by financing key capital expenditures and bolstering its working capital. Founded in Brazil in 1999, Frooty is a market leader in the production of frozen açaí and pitaya-based products, with a strong foothold in the domestic market. The company also has a robust distribution network across the U.S., underscoring its substantial international presence. Frooty is deeply committed to sustainability and innovation within the food industry, consistently advancing its product portfolio and expanding its global reach. IDB Invest is considering a potential equity investment of up to US$10 million in Super Fruits International, a Cayman Islands–incorporated entity and shareholder of Frooty Comércio e Indústria de Alimentos S.A. (“Frooty”). The proposed investment is intended to support the expansion of Frooty’s operations by financing key capital expenditures and bolstering its working capital. Founded in Brazil in 1999, Frooty is a market leader in the production of frozen açaí and pitaya-based products, with a strong foothold in the domestic market. The company also has a robust distribution network across the U.S., underscoring its substantial international presence. Frooty is deeply committed to sustainability and innovation within the food industry, consistently advancing its product portfolio and expanding its global reach. IDB Invest Super Fruits International Ltda. IDB Invest Marciano Junior, Ulysses +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Agribusiness 10000000 10000000 10000000 Frooty Equity Investment Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15099-01 IDB Invest The project involves a long-term A/B loan, senior and unsecure, of up to US$450 million. The financing will be structured as follows: (i) an A loan of up to US$150 million to be funded by IDB Invest, with a tenor of five years and semi-annually amortization; and (ii) a B loan of up to US$300 million, funded by one or more institutional investors, with a tenor of up to three years. The proposed financing will support Banco Santander (Brasil) S.A. to increase and diversify its long-term funding sources, to sustain its growth strategy focused on the resilient portfolio, with a special focus on the recently stated Eco Invest portfolio. The project involves a long-term A/B loan, senior and unsecure, of up to US$450 million. The financing will be structured as follows: (i) an A loan of up to US$150 million to be funded by IDB Invest, with a tenor of five years and semi-annually amortization; and (ii) a B loan of up to US$300 million, funded by one or more institutional investors, with a tenor of up to three years. The proposed financing will support Banco Santander (Brasil) S.A. to increase and diversify its long-term funding sources, to sustain its growth strategy focused on the resilient portfolio, with a special focus on the recently stated Eco Invest portfolio. IDB Invest BANCO SANTANDER (BRASIL) S.A. IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 150000000 150000000 150000000 Banco Santander: A/B Loan to Support Resilient Financing in Brazil Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15101-01 IDB Invest IDB Invest proposes a US$5 million equity investment in Desarrollos Gopca, S.A.P.I. de C.V. (“Netwey”), a Mexican internet service provider (ISP) founded in 2018, offering fiber-to-the-home (FTTH) and fixed broadband (HBB) connectivity. Netwey offers high-speed internet access to low-income customers through a unique prepaid service model, standing out for offering high-speed internet with no long-term contracts or penalties for suspension, reconnection or cancellation. Since its inception, Netwey has experienced significant growth, reaching more than 250,000 connected homes and expanding to 17 of Mexico's 31 states. The proceeds of this investment will be used primarily to support Netwey's expansion plans, focusing on the expansion of its fiber network. IDB Invest proposes a US$5 million equity investment in Desarrollos Gopca, S.A.P.I. de C.V. (“Netwey”), a Mexican internet service provider (ISP) founded in 2018, offering fiber-to-the-home (FTTH) and fixed broadband (HBB) connectivity. Netwey offers high-speed internet access to low-income customers through a unique prepaid service model, standing out for offering high-speed internet with no long-term contracts or penalties for suspension, reconnection or cancellation. Since its inception, Netwey has experienced significant growth, reaching more than 250,000 connected homes and expanding to 17 of Mexico's 31 states. The proceeds of this investment will be used primarily to support Netwey's expansion plans, focusing on the expansion of its fiber network. IDB Invest Desarrollos Gopca, S.A.P.I. de C.V IDB Invest Vega Aldana, Mario Andres +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Digital Economy 5000000 5000000 5000000 Netwey: Expanding Affordable Internet in Mexico Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15114-01 IDB Invest Air Services Limited (ASL) is a leading domestic airline in Guyana, operating since 1957 with a fleet of 25 aircraft. Based at Ogle International Airport, ASL serves 17 locations within Guyana, transporting over 50,000 passengers annually. The company holds ISO 9001:2015 certification and adheres to international standards. This transaction involves a $5 million senior secured loan to acquire two Cessna Grand Caravan EX 208B-TBD aircraft for passenger and cargo transport between Georgetown and remote Indigenous communities. The acquisition of the two aircraft will enhance airport infrastructure and improve rural connectivity, thereby facilitating better access to essential services and economic opportunities. Air Services Limited (ASL) is a leading domestic airline in Guyana, operating since 1957 with a fleet of 25 aircraft. Based at Ogle International Airport, ASL serves 17 locations within Guyana, transporting over 50,000 passengers annually. The company holds ISO 9001:2015 certification and adheres to international standards. This transaction involves a $5 million senior secured loan to acquire two Cessna Grand Caravan EX 208B-TBD aircraft for passenger and cargo transport between Georgetown and remote Indigenous communities. The acquisition of the two aircraft will enhance airport infrastructure and improve rural connectivity, thereby facilitating better access to essential services and economic opportunities. IDB Invest Air Services Limited IDB Invest Peters, Mark Christopher +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guyana Guyana Transport 5000000 5000000 5000000 ASL Expansion Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15117-01 IDB Invest The Institute of Private Enterprise Development (“IPED”) was founded in 1985. The main goals of IPED are to support the micro and small enterprises through finance, capacity building and advisory. This project consists of a senior loan of up to US$5 million with a tenor up to five years, including a grace period of up to one year. The loan proceeds will be used to finance sub loans aimed at Micro, Small and Medium-Sized Enterprises (“MSMEs”), with a specific focus on women-led MSMEs. Likewise, the project will be accompanied by technical advisory services provided by IDB Invest that will support IPED in the development of a strategy focused on the MSME segment with specific focus on women, which support the increase of this target portfolio within their portfolio and also, in matters of digitization to achieve greater financial inclusion. The Institute of Private Enterprise Development (“IPED”) was founded in 1985. The main goals of IPED are to support the micro and small enterprises through finance, capacity building and advisory. This project consists of a senior loan of up to US$5 million with a tenor up to five years, including a grace period of up to one year. The loan proceeds will be used to finance sub loans aimed at Micro, Small and Medium-Sized Enterprises (“MSMEs”), with a specific focus on women-led MSMEs. Likewise, the project will be accompanied by technical advisory services provided by IDB Invest that will support IPED in the development of a strategy focused on the MSME segment with specific focus on women, which support the increase of this target portfolio within their portfolio and also, in matters of digitization to achieve greater financial inclusion. IDB Invest Institute of Private Enterprise Development Limited (IPED) IDB Invest Castro Fonseca, Cristie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guyana Guyana Financial Institutions 2500000 2500000 2500000 Institute of Private Enterprise Development (IPED) Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15119-01 IDB Invest IDB Invest is proposing an investment of US$10 million as a limited partner in Bicycle I, L.P. (the “Fund”), a Private Equity (“PE”) fund incorporated under the laws of Delaware. The Fund will target 10-15 investments in growth-stage companies harnessing the power of data and technology to redefine industries exclusively within rapidly developing in Latin America and the Caribbean (“LAC”). The investment ticket size will be typically between US$20 million–US$50 million in series B and beyond. The Fund will focus on 75% of the capital will be allocated to initial investments and around 25% will be reserved for follow-ons investments. The Fund will secure board seats at the investee companies and play an active role, leveraging Bicycle’s global relationship network to the benefit of the Fund’s portfolio companies.The Fund will be managed by Bicycle Management Company, LLC (“Bicycle” or the “Fund Manager”). Established in 2023, Bicycle was founded by leading investors and operators active in LAC in recent years. With a target size of US$500 million, the Fund will be one of the largest regional PE growth funds managed by a local LAC manager. IDB Invest is proposing an investment of US$10 million as a limited partner in Bicycle I, L.P. (the “Fund”), a Private Equity (“PE”) fund incorporated under the laws of Delaware. The Fund will target 10-15 investments in growth-stage companies harnessing the power of data and technology to redefine industries exclusively within rapidly developing in Latin America and the Caribbean (“LAC”). The investment ticket size will be typically between US$20 million–US$50 million in series B and beyond. The Fund will focus on 75% of the capital will be allocated to initial investments and around 25% will be reserved for follow-ons investments. The Fund will secure board seats at the investee companies and play an active role, leveraging Bicycle’s global relationship network to the benefit of the Fund’s portfolio companies.The Fund will be managed by Bicycle Management Company, LLC (“Bicycle” or the “Fund Manager”). Established in 2023, Bicycle was founded by leading investors and operators active in LAC in recent years. With a target size of US$500 million, the Fund will be one of the largest regional PE growth funds managed by a local LAC manager. IDB Invest Bicycle I LP IDB Invest Vargas Gomez, Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Investment Funds 10000000 10000000 10000000 Bicycle Growth Fund I Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15124-01 IDB Invest Natura Cosméticos S.A. (“Natura”) is a Brazilian company founded in 1969, and controlled by Natura&Co Holding S.A. (“The Holding”), a public entity, which is listed in the Brazilian Stock Exchange (B3). Natura´s core business is the production and commercialization of cosmetics, fragrances, and toiletries. The company has five manufacturing plants, and nineteen distribution centers in Latin America, with sales to fourteen countries in the region, having a leadership position in Brazil, Argentina, and Colombia. Since the beginning of its operations, Natura has developed its sales’ strategy using direct channels, mostly through an extensive network of consultants that currently reaches around 3.5 million people in the region. Use of proceeds of the proposed transactions include: (i) the development of new bioingredients from the Amazon Biome, as well as other research and development related investments; (ii) enhancements to the existing manufacturing and distribution infrastructure in its operations in Cajamar, which includes but is not limited to operational expenditure (opex) and capital expenditure (capex); and/or (iii) purchase of equipment, including the acquisition of specialized tools and molds for product line updates and growth, in the Country. Natura Cosméticos S.A. (“Natura”) is a Brazilian company founded in 1969, and controlled by Natura&Co Holding S.A. (“The Holding”), a public entity, which is listed in the Brazilian Stock Exchange (B3). Natura´s core business is the production and commercialization of cosmetics, fragrances, and toiletries. The company has five manufacturing plants, and nineteen distribution centers in Latin America, with sales to fourteen countries in the region, having a leadership position in Brazil, Argentina, and Colombia. Since the beginning of its operations, Natura has developed its sales’ strategy using direct channels, mostly through an extensive network of consultants that currently reaches around 3.5 million people in the region. Use of proceeds of the proposed transactions include: (i) the development of new bioingredients from the Amazon Biome, as well as other research and development related investments; (ii) enhancements to the existing manufacturing and distribution infrastructure in its operations in Cajamar, which includes but is not limited to operational expenditure (opex) and capital expenditure (capex); and/or (iii) purchase of equipment, including the acquisition of specialized tools and molds for product line updates and growth, in the Country. IDB Invest Natura Cosmeticos S.A. IDB Invest de Paiva Ferraz, Joao Victor +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Investment Funds 37039100 37039100 37039100 Natura - SLB Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15123-01 IDB Invest IDB Invest is considering a loan of up to JMD774,700,000.00 to Access Financial Services Limited (“Access Financial”). Access Financial Services Limited intends to expand its Micro, Small, and Medium-Sized Enterprise (“MSME”) portfolio to include support to women in business as well as expand on its loans to the green segment of the market. The expectation is that this will redound to future growth opportunities and to complement its MSME and green lending portfolios. The proposed structure of the transaction is a senior unsecured loan, with a term of up to seven years, including a moratorium period of up to one year. IDB Invest is considering a loan of up to JMD774,700,000.00 to Access Financial Services Limited (“Access Financial”). Access Financial Services Limited intends to expand its Micro, Small, and Medium-Sized Enterprise (“MSME”) portfolio to include support to women in business as well as expand on its loans to the green segment of the market. The expectation is that this will redound to future growth opportunities and to complement its MSME and green lending portfolios. The proposed structure of the transaction is a senior unsecured loan, with a term of up to seven years, including a moratorium period of up to one year. IDB Invest Access Financial Services Ltd. IDB Invest Thompson, Norman Mcgregor +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Financial Institutions 4829060 4829060 4829060 Access Financial Services Limited: Senior Loan to Support the Financing of MSMEs in Jamaica Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15125-01 IDB Invest The Smart Hospital (the “Project”) is a Public-Private Partnership (PPP) aimed at modernizing and providing operation and maintenance services for the Souza Aguiar Hospital Complex, Rio de Janeiro’s largest emergency healthcare facility. Currently, the Project serves the Brazilian public health system. It includes 551 beds, surgery rooms, an intensive care unit, medical offices, an emergency department, and a wide range of laboratory and imaging tests. The Project's CAPEX involves a complete modernization of the existing complex buildings, the acquisition of new equipment, and the construction of a new parking facility. IDB Invest is expected to finance up to 33% of the Smart Hospital CAPEX through a loan of up to BRL 161,000,000, with a term of up to 20 years and a grace period of up to 3.5 years. Given the novelty of this hospital PPP structure, IDB Invest's participation is crucial to (i) closing the financing gap and (ii) potentially providing reassurance to other financiers. The Smart Hospital (the “Project”) is a Public-Private Partnership (PPP) aimed at modernizing and providing operation and maintenance services for the Souza Aguiar Hospital Complex, Rio de Janeiro’s largest emergency healthcare facility. Currently, the Project serves the Brazilian public health system. It includes 551 beds, surgery rooms, an intensive care unit, medical offices, an emergency department, and a wide range of laboratory and imaging tests. The Project's CAPEX involves a complete modernization of the existing complex buildings, the acquisition of new equipment, and the construction of a new parking facility. IDB Invest is expected to finance up to 33% of the Smart Hospital CAPEX through a loan of up to BRL 161,000,000, with a term of up to 20 years and a grace period of up to 3.5 years. Given the novelty of this hospital PPP structure, IDB Invest's participation is crucial to (i) closing the financing gap and (ii) potentially providing reassurance to other financiers. IDB Invest Smart Hospital S.A. IDB Invest Queiroz Galvao, Marina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Social Infrastructure 42203000 42203000 42203000 Smart Hospital: PPP for the renovation of Rio de Janeiro's public hospital Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15129-01 IDB Invest The Bahamas Group of Striping Companies is seeking financing for the Eleuthera Road Improvement Project. This initiative aims to construct and rehabilitate key roadways across Eleuthera to enhance connectivity, safety, and the overall travel experience. The project involves the reconstruction and paving of 93 miles of highway and 50 miles of settlement roads, with an estimated cost of US$100 million. IDB Invest will lead a financing effort of approximately US$15 million through uncommitted revolving financing to support the project's execution. The Bahamas Group of Striping Companies is seeking financing for the Eleuthera Road Improvement Project. This initiative aims to construct and rehabilitate key roadways across Eleuthera to enhance connectivity, safety, and the overall travel experience. The project involves the reconstruction and paving of 93 miles of highway and 50 miles of settlement roads, with an estimated cost of US$100 million. IDB Invest will lead a financing effort of approximately US$15 million through uncommitted revolving financing to support the project's execution. IDB Invest Bahamas Striping Group of Companies IDB Invest Camargo Tamara, Mario +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bahamas Bahamas Transport 30000000 30000000 30000000 Eleuthera Road Rehabilitation Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15131-01 IDB Invest The proposed transaction with Trinidad and Tobago Mortgage Bank (“TTMB” or the “Bank”) consists of a senior secured bond financing of up to TTD550 million with a tenor of up to five years, to be funded by IDB Invest and co-investors. The use of funds will support TTMB in providing affordable residential mortgage financing in Trinidad and Tobago. As a non-deposit taking institution, TTMB relies primarily on intermediate tenor loans and debt capital markets instruments to fund its lending operations. Additionally, this will be the first social bond issuance to be offered to investors in the local capital markets. The impact of the captioned issuance should encourage the participation and knowledge building capacity of investors towards sustainable bonds. The proposed transaction with Trinidad and Tobago Mortgage Bank (“TTMB” or the “Bank”) consists of a senior secured bond financing of up to TTD550 million with a tenor of up to five years, to be funded by IDB Invest and co-investors. The use of funds will support TTMB in providing affordable residential mortgage financing in Trinidad and Tobago. As a non-deposit taking institution, TTMB relies primarily on intermediate tenor loans and debt capital markets instruments to fund its lending operations. Additionally, this will be the first social bond issuance to be offered to investors in the local capital markets. The impact of the captioned issuance should encourage the participation and knowledge building capacity of investors towards sustainable bonds. IDB Invest Trinidad and Tobago Mortgage Bank Limited IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Trinidad and Tobago Trinidad and Tobago Financial Institutions 96206300 96206300 96206300 TTMB - Social Bond Issuance with a Gender Focus Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15132-01 IDB Invest The project consists of providing support to Banco Bilbao Vizcaya Argentaria Colombia S.A. (“BBVA Colombia”), in the issuance of a Subordinated Sustainable Bond for a total amount of up to US$100 million in the international capital market. The term of the financing will be up to 10 years in a bullet payment, with an option for prepayment by the Issuer in the fifth year, which BBVA Colombia may exercise voluntarily upon meeting the requirements set forth in the applicable law. IDB Invest will act as anchor investor with a subscription for up to US$50 million. The resources will be used for strengthening the capital and expanding the green and social portfolio. The project consists of providing support to Banco Bilbao Vizcaya Argentaria Colombia S.A. (“BBVA Colombia”), in the issuance of a Subordinated Sustainable Bond for a total amount of up to US$100 million in the international capital market. The term of the financing will be up to 10 years in a bullet payment, with an option for prepayment by the Issuer in the fifth year, which BBVA Colombia may exercise voluntarily upon meeting the requirements set forth in the applicable law. IDB Invest will act as anchor investor with a subscription for up to US$50 million. The resources will be used for strengthening the capital and expanding the green and social portfolio. IDB Invest Banco Bilbao Vizcaya Argentaria Colombia SA IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 50000000 50000000 50000000 BBVA Colombia - Sustainable Subordinated Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15144-01 IDB Invest The transaction consists of a corporate loan to Corsan to finance its water loss reduction program in 317 municipalities of Rio Grande do Sul state in Brazil. The objective of the transaction is to increase operational efficiency by reducing water losses from 42.8% to 30% by 2033. The Water Loss Reduction Program for 5 years (2024-2029) has a total capex of BRL 1.87 billion, to be financed by IDB Invest through the BRL 825 million long-term financing and operational cash generation. The transaction consists of a corporate loan to Corsan to finance its water loss reduction program in 317 municipalities of Rio Grande do Sul state in Brazil. The objective of the transaction is to increase operational efficiency by reducing water losses from 42.8% to 30% by 2033. The Water Loss Reduction Program for 5 years (2024-2029) has a total capex of BRL 1.87 billion, to be financed by IDB Invest through the BRL 825 million long-term financing and operational cash generation. IDB Invest CORSAN IDB Invest Cabral Da Silva Porto, Adriane +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Water and Sanitation 154999000 154999000 154999000 Corsan: Solutions for Reducing Water Loss in Rio Grande do Sul Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15156-01 IDB Invest SIDERSA S.A. ("SIDERSA" or the "Company") is an Argentine company specialized in the commercialization and distribution of high-quality steel products. The Company is dedicated to providing comprehensive steel solutions, offering a wide range of products such as sheets, coils, profiles, and tubes, which are used in various industries, including construction, mining, energy, automotive, and agribusiness. The transaction consists of financing for the construction and commissioning of a new steel mill that will use metal scrap as raw material in San Nicolás de los Arroyos, Buenos Aires Province, Argentina (the "Project"). The total investment of the Project amounts to approximately US$300 million, of which BID Invest is structuring a Sustainability-Linked Loan ("SLL") guaranteed on a long-term basis for up to US$100 million. SIDERSA S.A. ("SIDERSA" or the "Company") is an Argentine company specialized in the commercialization and distribution of high-quality steel products. The Company is dedicated to providing comprehensive steel solutions, offering a wide range of products such as sheets, coils, profiles, and tubes, which are used in various industries, including construction, mining, energy, automotive, and agribusiness. The transaction consists of financing for the construction and commissioning of a new steel mill that will use metal scrap as raw material in San Nicolás de los Arroyos, Buenos Aires Province, Argentina (the "Project"). The total investment of the Project amounts to approximately US$300 million, of which BID Invest is structuring a Sustainability-Linked Loan ("SLL") guaranteed on a long-term basis for up to US$100 million. IDB Invest SIDERSA S.A. IDB Invest Parodi, Juan +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Manufacturing 50000000 50000000 50000000 SIDERSA: Supporting the transition towards green steel production in Argentina Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15157-01 IDB Invest The main objective of the project is to support Magalu in its digital transformation strategy, which includes planned investments, especially in technology, over the next two years (2025–2026). The main initiatives include: (i) enhancement of the digital marketplace for retailers and MSMEs; (ii) provision of a multichannel fulfillment platform to optimize logistics and reduce costs; (iii) launch of Magalu Ads to improve advertising for small businesses; (iv) modernization and promotion of financial inclusion for consumers and entrepreneurs through Magalu Fintech; (v) implementation of AI focused on task automation, logistics optimization, and improving customer experience; and (vi) development of Magalu Cloud, the first Brazilian cloud service made available to Magalu’s extensive network of MSMEs that sell products and services on its marketplace, representing a significant milestone for both the company and the country. The proposed financing consists of a senior unsecured loan of US$100 million equivalent in R$, divided into two tranches: (i) US$50 million in a committed tranche; and (ii) US$50 million in an uncommitted tranche. Tranche II is subject to the receipt of Magalu’s 2025 financial statements and approval by IDB Invest. The IDB Invest loan will be granted alongside a US$150 million IFC A/B loan, under the same commercial terms. The main objective of the project is to support Magalu in its digital transformation strategy, which includes planned investments, especially in technology, over the next two years (2025–2026). The main initiatives include: (i) enhancement of the digital marketplace for retailers and MSMEs; (ii) provision of a multichannel fulfillment platform to optimize logistics and reduce costs; (iii) launch of Magalu Ads to improve advertising for small businesses; (iv) modernization and promotion of financial inclusion for consumers and entrepreneurs through Magalu Fintech; (v) implementation of AI focused on task automation, logistics optimization, and improving customer experience; and (vi) development of Magalu Cloud, the first Brazilian cloud service made available to Magalu’s extensive network of MSMEs that sell products and services on its marketplace, representing a significant milestone for both the company and the country. The proposed financing consists of a senior unsecured loan of US$100 million equivalent in R$, divided into two tranches: (i) US$50 million in a committed tranche; and (ii) US$50 million in an uncommitted tranche. Tranche II is subject to the receipt of Magalu’s 2025 financial statements and approval by IDB Invest. The IDB Invest loan will be granted alongside a US$150 million IFC A/B loan, under the same commercial terms. IDB Invest Magazine Luiza S.A. IDB Invest de Paiva Ferraz, Joao Victor +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Digital Economy 50000000 50000000 50000000 Accelerating Magalu's Digital Retail Transformation Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15162-01 IDB Invest The proposed project consists of an investment of up to R$200 million (approximately US$35 million) in Pátria Crédito Amazônia (the “Fund”), which will aim to build a portfolio of structured debt investments to support companies operating in the Legal Amazônia. The Fund will be managed by Pátria Investimentos (the “Fund Manager” or “Pátria”).With a target size of R$1 billion (approximately US$175 million), the Fund is expected to make approximately 20 investments with ticket sizes typically ranging from R$50 million to R$100 million (approximately US$9 million to US$18 million) throughout its life. The Fund will focus on sustainable industrial development, sustainable agriculture, transportation efficiency, logistics and warehousing projects, and financial inclusion. The Fund will have a nine-year term and a seven-year investment period. The proposed project consists of an investment of up to R$200 million (approximately US$35 million) in Pátria Crédito Amazônia (the “Fund”), which will aim to build a portfolio of structured debt investments to support companies operating in the Legal Amazônia. The Fund will be managed by Pátria Investimentos (the “Fund Manager” or “Pátria”).With a target size of R$1 billion (approximately US$175 million), the Fund is expected to make approximately 20 investments with ticket sizes typically ranging from R$50 million to R$100 million (approximately US$9 million to US$18 million) throughout its life. The Fund will focus on sustainable industrial development, sustainable agriculture, transportation efficiency, logistics and warehousing projects, and financial inclusion. The Fund will have a nine-year term and a seven-year investment period. IDB Invest Patria Amazon Credit Fund IDB Invest Soares, Tatiana Fontes +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Investment Funds 36606600 36606600 36606600 Pátria Amazônia Credit Fund Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15184-01 IDB Invest The proposed transaction consists in a senior loan for Banco Múltiple Ademi, S.A. (“Banco Ademi” or the “Bank”) of up to US$20 million (or equivalent in local currency); US$10 million will be committed, whereas the remaining US$10 million will be uncommitted (the “Project” or the “Facility”) with a five‑year tenor. Additionally, the Facility may involve B lenders for an amount equal to or greater than that financed by IDB Invest.The Project will support the Bank with a long-term financing facility, which will enable the growth of the Micro, Small, and Medium-Sized Enterprise (“MSME”) portfolio, the women-led or -owned Small and Medium-Sized Enterprise (“SME”) portfolio and the green portfolio in the Dominican Republic. The Project is expected to be supported with technical assistance services to help Banco Ademi enhance its gender, diversity and inclusion value proposition to improve and expand the access of women-led or -owned SMEs to financial and non-financial services. The proposed transaction consists in a senior loan for Banco Múltiple Ademi, S.A. (“Banco Ademi” or the “Bank”) of up to US$20 million (or equivalent in local currency); US$10 million will be committed, whereas the remaining US$10 million will be uncommitted (the “Project” or the “Facility”) with a five‑year tenor. Additionally, the Facility may involve B lenders for an amount equal to or greater than that financed by IDB Invest.The Project will support the Bank with a long-term financing facility, which will enable the growth of the Micro, Small, and Medium-Sized Enterprise (“MSME”) portfolio, the women-led or -owned Small and Medium-Sized Enterprise (“SME”) portfolio and the green portfolio in the Dominican Republic. The Project is expected to be supported with technical assistance services to help Banco Ademi enhance its gender, diversity and inclusion value proposition to improve and expand the access of women-led or -owned SMEs to financial and non-financial services. IDB Invest Banco Múltiple Ademi, S.A. IDB Invest Vargas Castro, Pablo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Dominican Republic Dominican Republic Financial Institutions 20000000 20000000 20000000 Banco Ademi: Partnership to finance MSMEs and women-led MSMEs, and the green portfolio Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15183-01 IDB Invest BID Invest está considerando un financiamiento a Satelital Telecomunicaciones S.A.C. (“Satelital") de hasta US$30 millones que consiste en un A-Loan de hasta US$5 millones y un B-Loan de hasta US$25 millones para apoyar su plan de expansión de redes de fibra óptica para ofrecer los servicios de internet de banda ancha fija a los hogares, empresas y agencias gubernamentales en las localidades ubicadas en Loreto, Perú. Satelital ha sido la única empresa de telecomunicaciones que desarrolló y opera la red troncal de fibra óptica en la Amazonia de Perú. Aprovechando su red troncal, Satelital tiene un plan de inversión para expandir las redes de fibra óptica para conectar las localidades en la misma región donde no ha existido la conexión de banda ancha fija basada en fibra óptica. BID Invest está considerando un financiamiento a Satelital Telecomunicaciones S.A.C. (“Satelital") de hasta US$30 millones que consiste en un A-Loan de hasta US$5 millones y un B-Loan de hasta US$25 millones para apoyar su plan de expansión de redes de fibra óptica para ofrecer los servicios de internet de banda ancha fija a los hogares, empresas y agencias gubernamentales en las localidades ubicadas en Loreto, Perú. Satelital ha sido la única empresa de telecomunicaciones que desarrolló y opera la red troncal de fibra óptica en la Amazonia de Perú. Aprovechando su red troncal, Satelital tiene un plan de inversión para expandir las redes de fibra óptica para conectar las localidades en la misma región donde no ha existido la conexión de banda ancha fija basada en fibra óptica. IDB Invest Satelital Telecomunicaciones SAC IDB Invest Serrano Rincon, Andres Ricardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Digital Economy 5000000 5000000 5000000 Satelital Telecom Amazon Financing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15189-01 IDB Invest IDB Invest proposes a US$10 million equity investment in Lottus Education, S.A.P.I. de C.V. (“Lottus”), a leading higher education consolidation platform in Mexico, to finance: (i) capital expenditures in existing educational facilities; (ii) acquisitions of new facilities; and (iii) improvements to its technology platform. Through its operating brands, Lottus offers high school, undergraduate, and graduate programs, both in-person and online.Currently, Lottus serves more than 100,000 enrolled students across 45 campuses and learning centers distributed across 10 states in Mexico. IDB Invest proposes a US$10 million equity investment in Lottus Education, S.A.P.I. de C.V. (“Lottus”), a leading higher education consolidation platform in Mexico, to finance: (i) capital expenditures in existing educational facilities; (ii) acquisitions of new facilities; and (iii) improvements to its technology platform. Through its operating brands, Lottus offers high school, undergraduate, and graduate programs, both in-person and online.Currently, Lottus serves more than 100,000 enrolled students across 45 campuses and learning centers distributed across 10 states in Mexico. IDB Invest Lottus Education, S.A.P.I. de C.V. IDB Invest Varon Barrera, Jose Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Digital Economy 11831000 11831000 11831000 Lottus: Expanding Accessible Education in Mexico - MEXICO Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15232-01 IDB Invest Flash Motors Company Ltd. (“Flash Motors” or the “Client”) and its shareholder Wigton Windfarm Limited (the “Guarantor” or “Wigton”) are seeking financing for the importation and distribution of Electric Vehicles (EVs) and EV charging infrastructure in Jamaica and other Caribbean countries (the “Project”). EVs purchased by Flash Motors are held in storage by Kingston Wharves Ltd. at Kingston Wharves until they are sold to its clients. Flash Motors Company Ltd. (“Flash Motors” or the “Client”) and its shareholder Wigton Windfarm Limited (the “Guarantor” or “Wigton”) are seeking financing for the importation and distribution of Electric Vehicles (EVs) and EV charging infrastructure in Jamaica and other Caribbean countries (the “Project”). EVs purchased by Flash Motors are held in storage by Kingston Wharves Ltd. at Kingston Wharves until they are sold to its clients. IDB Invest Flash Motors Company Ltd IDB Invest Junco Camacho, Dulce Jocelyn +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Transport 750000 750000 750000 Flash Motors- Electromobility Working Capital Loan Jamaica Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15236-01 IDB Invest The proposed transaction consists of IDB Invest's participation as anchor investor in the issuance of a thematic bond for up to US$160 million issued by Banca Mifel, S.A., Institución de Banca Múltiple, Grupo Financiero Mifel ("Mifel"), under its current issuance program. IDB Invest expects, in due course and under market conditions, to subscribe up to US$75 million, equivalent to approximately 47% of the total amount of the issuance, while the remaining amount will be placed among other investors. The use of the funds will go towards expanding the financing offered by Mifel in the form of sub-loans targeting its green portfolio. Additionally, IDB Invest is structuring advisory services that may be focused on Sustainable Finance, including segmentation of the green and social portfolio, in addition to a possible leadership program for talent. The issuance to be subscribed by IDB Invest will have the following characteristics: (i) it will consist of senior bonds denominated in United States dollars ("USD"); (ii) it will have a term of up to five years; (iii) it will be thematic and to be labeled as a green bond; and (iv) be aligned with the International Capital Markets Association ("ICMA"). The proceeds of the issuance will allow Mifel to originate new green loans in Mexico. The proposed transaction consists of IDB Invest's participation as anchor investor in the issuance of a thematic bond for up to US$160 million issued by Banca Mifel, S.A., Institución de Banca Múltiple, Grupo Financiero Mifel ("Mifel"), under its current issuance program. IDB Invest expects, in due course and under market conditions, to subscribe up to US$75 million, equivalent to approximately 47% of the total amount of the issuance, while the remaining amount will be placed among other investors. The use of the funds will go towards expanding the financing offered by Mifel in the form of sub-loans targeting its green portfolio. Additionally, IDB Invest is structuring advisory services that may be focused on Sustainable Finance, including segmentation of the green and social portfolio, in addition to a possible leadership program for talent. The issuance to be subscribed by IDB Invest will have the following characteristics: (i) it will consist of senior bonds denominated in United States dollars ("USD"); (ii) it will have a term of up to five years; (iii) it will be thematic and to be labeled as a green bond; and (iv) be aligned with the International Capital Markets Association ("ICMA"). The proceeds of the issuance will allow Mifel to originate new green loans in Mexico. IDB Invest Banca Mifel SA Institución de Banca Múltiple Grupo Financiero Mifel IDB Invest Simon Mugica, Armando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Investment Funds 75000000 75000000 75000000 Banca Mifel Sustainable Issuance Mexico Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15239-01 IDB Invest The Buga-Buenaventura Road Corridor (the “Project”) is a Fifth Generation Concession (“5G”) project led by the Government of Colombia, through the National Infrastructure Agency (“ANI”). This project was awarded to the company Unión Vial Camino del Pacífico, S.A.S (the “Concessionaire” or the “Client”), which is fully owned by the company Sacyr Concesiones.The Project involves financing, construction, rehabilitation, improvement, commissioning, operation, and maintenance of the Buga–Buenaventura Road corridor (the “Corridor”), which spans 128 kilometers (“km”) in the Department of Valle del Cauca, Colombia. The Project includes improving and maintaining 128km of existing toll roads, rehabilitating 24km, and extending 35 km of sections currently on single to dual carriageways. The Preconstruction Phase of the Project began in early 2023. The Construction Phase of the Project, which started in August 2024, will last approximately 5 years, while the Operation and Maintenance Phase will extend for up to 29 years from the start date of the concession.IDB Invest will participate in the project’s financing up to the specified amount, with resources to be used to cover the project's costs until it becomes operational. The Buga-Buenaventura Road Corridor (the “Project”) is a Fifth Generation Concession (“5G”) project led by the Government of Colombia, through the National Infrastructure Agency (“ANI”). This project was awarded to the company Unión Vial Camino del Pacífico, S.A.S (the “Concessionaire” or the “Client”), which is fully owned by the company Sacyr Concesiones.The Project involves financing, construction, rehabilitation, improvement, commissioning, operation, and maintenance of the Buga–Buenaventura Road corridor (the “Corridor”), which spans 128 kilometers (“km”) in the Department of Valle del Cauca, Colombia. The Project includes improving and maintaining 128km of existing toll roads, rehabilitating 24km, and extending 35 km of sections currently on single to dual carriageways. The Preconstruction Phase of the Project began in early 2023. The Construction Phase of the Project, which started in August 2024, will last approximately 5 years, while the Operation and Maintenance Phase will extend for up to 29 years from the start date of the concession.IDB Invest will participate in the project’s financing up to the specified amount, with resources to be used to cover the project's costs until it becomes operational. IDB Invest Union Vial Camino del Pacifico SAS IDB Invest Perez, Alfonso +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Transport 315000000 315000000 315000000 Financing 5G Toll Road Buga-Buenaventura - Colombia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15243-01 IDB Invest The proposed transaction consists of a long-term loan from IDB Invest to Acciona.org Perú, a non-profit organization, subsidiary of Grupo Acciona, specializing in providing energy solutions to isolated rural communities in Peru. This financing will support Acciona.org Peru's expansion plan, which includes: (i) the installation of third-generation residential photovoltaic systems (“SFD3G”) in new Peruvian isolated communities; (ii) the replacement of second-generation residential photovoltaic systems (“SFD2G”) with more efficient SFD3G units; and (iii) the development and operation of new microgrids with centralized photovoltaic generation, battery storage, and smart energy metering.The financing package consists of: (i) a senior IDB Invest A loan of up to US$4 million; and (ii) a US$3.5 million Blended Finance senior loan provided by funds managed by IDB Invest ("the Blended Finance Loan"). The Financing will consist of a 12-year door-to-door loan. The proposed transaction consists of a long-term loan from IDB Invest to Acciona.org Perú, a non-profit organization, subsidiary of Grupo Acciona, specializing in providing energy solutions to isolated rural communities in Peru. This financing will support Acciona.org Peru's expansion plan, which includes: (i) the installation of third-generation residential photovoltaic systems (“SFD3G”) in new Peruvian isolated communities; (ii) the replacement of second-generation residential photovoltaic systems (“SFD2G”) with more efficient SFD3G units; and (iii) the development and operation of new microgrids with centralized photovoltaic generation, battery storage, and smart energy metering.The financing package consists of: (i) a senior IDB Invest A loan of up to US$4 million; and (ii) a US$3.5 million Blended Finance senior loan provided by funds managed by IDB Invest ("the Blended Finance Loan"). The Financing will consist of a 12-year door-to-door loan. IDB Invest ACCIONA.ORG PERU IDB Invest Amesquita Chavez, David Alejandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Energy 4000000 4000000 4000000 Acciona.org Residential Solar PV Project in the Peruvian Amazon Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15245-01 IDB Invest Rentandes S.A.S. is a Colombian company founded in 2000, specialized in the operational leasing of assets such as trucks, buses, automobiles, machinery, and specialized equipment. IDB Invest proposes to finance a long-term senior loan of up to US$12 million to support Rentandes' expansion. The financing will consist of two tranches: (i) the first tranche will be used to finance the acquisition of machinery, industrial equipment, battery electric vehicles (“BEV”), and plug-in hybrid electric vehicles (“PHEV”); and (ii) the second tranche will be used to finance new Euro VI Trucks, subject to meeting eligibility criteria and to the satisfaction of IDB Invest. In this way, the project will promote access for small and medium-sized enterprises to more sustainable technologies, supporting their growth and the transition toward a cleaner economy. Rentandes S.A.S. is a Colombian company founded in 2000, specialized in the operational leasing of assets such as trucks, buses, automobiles, machinery, and specialized equipment. IDB Invest proposes to finance a long-term senior loan of up to US$12 million to support Rentandes' expansion. The financing will consist of two tranches: (i) the first tranche will be used to finance the acquisition of machinery, industrial equipment, battery electric vehicles (“BEV”), and plug-in hybrid electric vehicles (“PHEV”); and (ii) the second tranche will be used to finance new Euro VI Trucks, subject to meeting eligibility criteria and to the satisfaction of IDB Invest. In this way, the project will promote access for small and medium-sized enterprises to more sustainable technologies, supporting their growth and the transition toward a cleaner economy. IDB Invest Rentandes S.A.S. IDB Invest Bauer Landivar, Luis Alberto +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Manufacturing 12000000 12000000 12000000 Rentandes: Access to Productive Assets for MSMEs in Colombia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15253-01 IDB Invest IDB Invest is considering a long-term secured loan to Compañía Minera del Pacífico S.A. (“CMP”). The funds will be used for the expansion of CMP’s lime production plant in San Juan, Argentina, and will include the installation of a high energy-efficiency vertical kiln. CMP is one of the main producers of lime for the industrial sector in Argentina and a subsidiary of Cementos Bío Bío S.A. (“CBB”), a Chilean company listed on the Santiago Stock Exchange. The Company is engaged in the production of cement, concrete, and lime, with operations in Chile, Peru, and Argentina. IDB Invest is considering a long-term secured loan to Compañía Minera del Pacífico S.A. (“CMP”). The funds will be used for the expansion of CMP’s lime production plant in San Juan, Argentina, and will include the installation of a high energy-efficiency vertical kiln. CMP is one of the main producers of lime for the industrial sector in Argentina and a subsidiary of Cementos Bío Bío S.A. (“CBB”), a Chilean company listed on the Santiago Stock Exchange. The Company is engaged in the production of cement, concrete, and lime, with operations in Chile, Peru, and Argentina. IDB Invest Cementos Bío Bío S.A. IDB Invest Nozaki, Hiroshi +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Manufacturing 50000000 50000000 50000000 Cementos Bío Bío Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15258-01 IDB Invest The Project entails developing, constructing, and operating the greenfield Salar del Rincon battery-grade lithium project located on the Salar del Rincon in Salta Province, Argentina (the “Project” or “Rincon”). Rincon is expected to produce ~up to 53 thousand tonnes per year (ktpa) of battery-grade Lithium Carbonate Equivalent (LCE) over its 40-year mine. The Project will include wellfields and a brine distribution system, a spent brine disposal facility, a processing complex, filtered waste storage facilities, power transmission lines (two 23 km, 33 kV lines), and ancillary infrastructure. The Project cost is estimated at ~US$2.5 billion. It will be financed using a combination of debt and equity. The proposed IDB Invest investment comprises an A Loan of up to US$100 million, and the remaining debt requirements will be financed through parallel loans The Project entails developing, constructing, and operating the greenfield Salar del Rincon battery-grade lithium project located on the Salar del Rincon in Salta Province, Argentina (the “Project” or “Rincon”). Rincon is expected to produce ~up to 53 thousand tonnes per year (ktpa) of battery-grade Lithium Carbonate Equivalent (LCE) over its 40-year mine. The Project will include wellfields and a brine distribution system, a spent brine disposal facility, a processing complex, filtered waste storage facilities, power transmission lines (two 23 km, 33 kV lines), and ancillary infrastructure. The Project cost is estimated at ~US$2.5 billion. It will be financed using a combination of debt and equity. The proposed IDB Invest investment comprises an A Loan of up to US$100 million, and the remaining debt requirements will be financed through parallel loans IDB Invest Rincon Mining Pty Limited – Argentina Branch IDB Invest de Paiva Ferraz, Joao Victor +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Manufacturing 100000000 100000000 100000000 Rincon: Lithium Greenfield Project in Argentina Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15286-01 IDB Invest We are considering a US$10 million Working Capital (“WC”) line to Sygnus Investment Bahamas Inc. with a 5‑year tenor to finance Small and Medium-Sized Enterprise (“SME”) receivables in The Bahamas. The loan will be 100% guaranteed by Sygnus Credit Investments Ltd. Initially the obligator will be the government of The Bahamas, but they plan to gradually onboard stable blue chip private sector companies.This solution is anticipated to provide liquidity to SMEs in The Bahamas by purchasing short-term receivables with maturities ranging from three months to less than a year. Additionally, this WC line will deepen the local capital market by introducing new securities that offer liquidity to SMEs without them incurring additional debt. The IDB Invest will be providing funding as well as support to Sygnus in offering this flexible financing solution that traditional banks may be reluctant to support. We are considering a US$10 million Working Capital (“WC”) line to Sygnus Investment Bahamas Inc. with a 5‑year tenor to finance Small and Medium-Sized Enterprise (“SME”) receivables in The Bahamas. The loan will be 100% guaranteed by Sygnus Credit Investments Ltd. Initially the obligator will be the government of The Bahamas, but they plan to gradually onboard stable blue chip private sector companies.This solution is anticipated to provide liquidity to SMEs in The Bahamas by purchasing short-term receivables with maturities ranging from three months to less than a year. Additionally, this WC line will deepen the local capital market by introducing new securities that offer liquidity to SMEs without them incurring additional debt. The IDB Invest will be providing funding as well as support to Sygnus in offering this flexible financing solution that traditional banks may be reluctant to support. IDB Invest Sygnus Credit Investments Limited IDB Invest Thompson, Norman Mcgregor +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bahamas Bahamas Financial Institutions 10000000 10000000 10000000 Sygnus Bahamas SME Receivables Working Capital Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-14685 IDB Invest The Responsible Commodities Facility (RCF) is a farmer financing program initially implemented in the 2022/2023 crops season, that promotes the responsible production and trade of Deforestation and Conversion-Free (DCF) soy in Brazil's Cerrado biome. Managed by Sustainable Investment Management Ltd. (SIM), the RCF offers lower-interest credit lines as a financial incentive to soy farmers committed to zero deforestation and no conversion of native vegetation. For the 2025/2026 season, the RCF plans to expand the program to US$200 million. IDB Invest aims to participate in this new funding round, contributing 12.5% of the total project cost through a 1-year bullet payment investment of up to US$25 million in the senior tranche, with US$10 million committed and up to US$15 million uncommitted credit lines. The program operates as a self-liquidating special purpose entity, providing loans to farmers for short-term crop financing. These loans are through Rural Product Certificates (CPRs) issued by farmers with pledges of crop or fiduciary liens as collateral, which serve as assets for the agribusiness receivables certificates (CRAs), like an ABS (Asset Backed Securities), issued by Opea Securitization company to fund the program. The CRAs are expected to be classified as Green Bonds. The specific objectives of the RCF 2025-2026 expansion include supporting approximately 500 farms with crop financing to produce 640,000 tons of DCF soy. The project will also conserve about 92,000 hectares of native vegetation, with at least 5% of excess native vegetation over the minimum required by local regulations, contributing significantly to environmental preservation. Additionally, it will help conserve over 38.9 Mt of CO₂ equivalent stocks on participating farms, further enhancing the program's positive climate impact The Responsible Commodities Facility (RCF) is a farmer financing program initially implemented in the 2022/2023 crops season, that promotes the responsible production and trade of Deforestation and Conversion-Free (DCF) soy in Brazil's Cerrado biome. Managed by Sustainable Investment Management Ltd. (SIM), the RCF offers lower-interest credit lines as a financial incentive to soy farmers committed to zero deforestation and no conversion of native vegetation. For the 2025/2026 season, the RCF plans to expand the program to US$200 million. IDB Invest aims to participate in this new funding round, contributing 12.5% of the total project cost through a 1-year bullet payment investment of up to US$25 million in the senior tranche, with US$10 million committed and up to US$15 million uncommitted credit lines. The program operates as a self-liquidating special purpose entity, providing loans to farmers for short-term crop financing. These loans are through Rural Product Certificates (CPRs) issued by farmers with pledges of crop or fiduciary liens as collateral, which serve as assets for the agribusiness receivables certificates (CRAs), like an ABS (Asset Backed Securities), issued by Opea Securitization company to fund the program. The CRAs are expected to be classified as Green Bonds. The specific objectives of the RCF 2025-2026 expansion include supporting approximately 500 farms with crop financing to produce 640,000 tons of DCF soy. The project will also conserve about 92,000 hectares of native vegetation, with at least 5% of excess native vegetation over the minimum required by local regulations, contributing significantly to environmental preservation. Additionally, it will help conserve over 38.9 Mt of CO₂ equivalent stocks on participating farms, further enhancing the program's positive climate impact IDB Invest OPEA Securitizadora S.A. IDB Invest Maher Guedes +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Agribusiness Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15310-01 IDB Invest Almacenes de Prati S.A. is an Ecuadorian company founded more than 85 years ago, dedicated to retail trade and direct consumer credit services. It operates a network of in-place stores and an e-commerce platform. The transaction consist of financing an investment plan of up to US$50 million to support the growth of Almacenes de Prati S.A. in Ecuador. The financing will be comprised of two facilities: (i) a committed, senior secured facility of up to US$20 million, with a term of up to ten years, intended to finance the construction of a new distribution center in Durán; and (ii) an uncommitted, senior secured facility of up to US$30 million, with a similar term, aimed at supporting the company's store expansion and modernization plan. With this transaction, IDB Invest seeks to strengthen the logistics and commercial infrastructure of one of the country's textile retail companies. Almacenes de Prati S.A. is an Ecuadorian company founded more than 85 years ago, dedicated to retail trade and direct consumer credit services. It operates a network of in-place stores and an e-commerce platform. The transaction consist of financing an investment plan of up to US$50 million to support the growth of Almacenes de Prati S.A. in Ecuador. The financing will be comprised of two facilities: (i) a committed, senior secured facility of up to US$20 million, with a term of up to ten years, intended to finance the construction of a new distribution center in Durán; and (ii) an uncommitted, senior secured facility of up to US$30 million, with a similar term, aimed at supporting the company's store expansion and modernization plan. With this transaction, IDB Invest seeks to strengthen the logistics and commercial infrastructure of one of the country's textile retail companies. IDB Invest Almacenes de Prati SA IDB Invest Mendoza Yauri, Franklin Augusto +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing 50000000 50000000 50000000 Deprati: Distribution Center Development and Retail Expansion Project in Ecuador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15329-01 IDB Invest Sucuriú (the "Project") is an integrated development for the construction and operation of a pulp mill located 50 km from the municipality of Inocência, in the state of Mato Grosso do Sul, Brazil. The Project will be executed by Celulosa Arauco y Constitución SA ("Arauco"), a leading Chilean company in forestry and timber products, headquartered in Santiago. The investment planned for the Project is US$4.6 billion to establish one of the largest pulp plants in the world, with an estimated annual production capacity of 3.5 million tons of short fiber pulp. Construction is expected to begin in 2025, with operations beginning in late 2027. The plant will be supplied by 400,000 hectares of sustainable eucalyptus plantations owned by Arauco. The transaction will be structured as an A/B Financing Loan of up to US$500 million, with a term of up to 10 years and a grace period of up to 5 years. The resources will be allocated to construction, specific development of the Project's infrastructure, management of plantations and implementation of renewable energy facilities, promoting sustainability through water reuse, energy efficiency and emissions reduction. Sucuriú (the "Project") is an integrated development for the construction and operation of a pulp mill located 50 km from the municipality of Inocência, in the state of Mato Grosso do Sul, Brazil. The Project will be executed by Celulosa Arauco y Constitución SA ("Arauco"), a leading Chilean company in forestry and timber products, headquartered in Santiago. The investment planned for the Project is US$4.6 billion to establish one of the largest pulp plants in the world, with an estimated annual production capacity of 3.5 million tons of short fiber pulp. Construction is expected to begin in 2025, with operations beginning in late 2027. The plant will be supplied by 400,000 hectares of sustainable eucalyptus plantations owned by Arauco. The transaction will be structured as an A/B Financing Loan of up to US$500 million, with a term of up to 10 years and a grace period of up to 5 years. The resources will be allocated to construction, specific development of the Project's infrastructure, management of plantations and implementation of renewable energy facilities, promoting sustainability through water reuse, energy efficiency and emissions reduction. IDB Invest Celulosa Arauco y Constitución S.A. IDB Invest Guerra Diaz, Rocio Trinidad +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Manufacturing 250000000 250000000 250000000 Arauco: Sucuriú Greenfield Project in Brazil Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15332-01 IDB Invest The proposed transaction with Industrial Pesquera Santa Priscila S.A. (“IPSP” or the “Company”), Ecuador’s leading shrimp exporter and one of the largest producers worldwide, consists of a senior A/B loan of up to US$150 million, with a term of up to 10 years and including a 2-year grace period. The funds will be used to finance the electrification of two of the Company’s shrimp farms, Chanduy and Bajen, which together cover 2,241.98 hectares, as part of a multi-year plan (2022–2027) to strengthen energy security through connection to the national grid and the replacement of diesel systems with electric infrastructure and equipment. The project will contribute to the reduction of greenhouse gas emissions by progressively replacing diesel generators with electricity sourced from both the national grid and self-generation systems using renewable energy. This energy transition will reduce dependence on fossil fuels, optimize operating costs, and enhance the Company’s resilience. Additionally, the initiative aligns with corporate commitments to sustainability and climate change, supporting the Sustainable Development Goals (SDGs) and national decarbonization targets. In doing so, it not only improves operational efficiency and energy supply stability but also generates a positive impact on corporate reputation and stakeholder confidence. The proposed transaction with Industrial Pesquera Santa Priscila S.A. (“IPSP” or the “Company”), Ecuador’s leading shrimp exporter and one of the largest producers worldwide, consists of a senior A/B loan of up to US$150 million, with a term of up to 10 years and including a 2-year grace period. The funds will be used to finance the electrification of two of the Company’s shrimp farms, Chanduy and Bajen, which together cover 2,241.98 hectares, as part of a multi-year plan (2022–2027) to strengthen energy security through connection to the national grid and the replacement of diesel systems with electric infrastructure and equipment. The project will contribute to the reduction of greenhouse gas emissions by progressively replacing diesel generators with electricity sourced from both the national grid and self-generation systems using renewable energy. This energy transition will reduce dependence on fossil fuels, optimize operating costs, and enhance the Company’s resilience. Additionally, the initiative aligns with corporate commitments to sustainability and climate change, supporting the Sustainable Development Goals (SDGs) and national decarbonization targets. In doing so, it not only improves operational efficiency and energy supply stability but also generates a positive impact on corporate reputation and stakeholder confidence. IDB Invest Industrial Pesquera Santa Priscila S.A. IDB Invest Veiga Perez, Matias Angel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Agribusiness 75000000 75000000 75000000 Santa Priscila: Driving Sustainable Shrimp Farming in Ecuador via Electrification Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15294-01 IDB Invest IDB Invest is considering an equity investment (Class A Units) in Atis Group Latam LLC ("Atis") for an amount of up to US$10 million. Founded in 2016, Atis is a leading regional independent telecommunications tower operator, with more than 1,000 sites distributed across Argentina, Paraguay, and Uruguay. Atis will use the resources to expand its tower portfolio, primarily through the construction of new towers for mobile network operators. The Project contributes to reducing the digital divide through the expansion and improvement of mobile broadband infrastructure. Its specific development objectives are to expand the capacity and coverage of mobile networks through the construction of new towers, and to increase the productivity and efficiency of existing telecommunications infrastructure by facilitating tower sharing among multiple mobile network operators. IDB Invest is considering an equity investment (Class A Units) in Atis Group Latam LLC ("Atis") for an amount of up to US$10 million. Founded in 2016, Atis is a leading regional independent telecommunications tower operator, with more than 1,000 sites distributed across Argentina, Paraguay, and Uruguay. Atis will use the resources to expand its tower portfolio, primarily through the construction of new towers for mobile network operators. The Project contributes to reducing the digital divide through the expansion and improvement of mobile broadband infrastructure. Its specific development objectives are to expand the capacity and coverage of mobile networks through the construction of new towers, and to increase the productivity and efficiency of existing telecommunications infrastructure by facilitating tower sharing among multiple mobile network operators. IDB Invest ATIS Group Latam LLC IDB Invest Nozaki, Hiroshi +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Digital Economy 10000000 10000000 10000000 Atis Telecom Towers Equity Investment Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15357-01 IDB Invest The proposed transaction consists of a senior unsecure A/B loan for up to US$300 million (the “Loan”), financed as follows: (i) an A loan of up to US$150 million, to be financed by IDB Invest, structured in two tranches: (a) a committed tranche of up to US$100 million; and (b) an uncommitted tranche of up to US$50 million; and (ii) a B loan of approximately US$150 million, to be financed by institutional investors. The Loan has a tenor of up to seven years, amortizable. The project aims to increase Banco de Galicia y Buenos Aires S.A.U. (“Banco Galicia” or the “Bank”) available financing for Small and Medium-Sized Enterprises (“SMEs”) and corporate company projects categorized as sustainable as per Banco Galicia’s Sustainable Finance Taxonomy. The proposed transaction consists of a senior unsecure A/B loan for up to US$300 million (the “Loan”), financed as follows: (i) an A loan of up to US$150 million, to be financed by IDB Invest, structured in two tranches: (a) a committed tranche of up to US$100 million; and (b) an uncommitted tranche of up to US$50 million; and (ii) a B loan of approximately US$150 million, to be financed by institutional investors. The Loan has a tenor of up to seven years, amortizable. The project aims to increase Banco de Galicia y Buenos Aires S.A.U. (“Banco Galicia” or the “Bank”) available financing for Small and Medium-Sized Enterprises (“SMEs”) and corporate company projects categorized as sustainable as per Banco Galicia’s Sustainable Finance Taxonomy. IDB Invest BANCO DE GALICIA Y BUENOS AIRES S.A.U. IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions 150000000 150000000 150000000 Banco Galicia: A/B Loan for Sustainable Project Financing in Argentina Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15361-01 IDB Invest The Executive Hydroelectric Commission of the Lempa River (Comisión Ejecutiva Hidroeléctrica del Rio Lempa o CEL), an institution established under the laws of the Republic of El Salvador (the “Commission”), is seeking financing to cover development costs (design, technical studies, environmental and social studies, implementation of meteorological stations, internal costs associated with execution of the projects, etc.) related to development activities for the potential implementation of wind energy projects in El Salvador, including the Metapán 100MW wind power project, which would be located in the northwest of the country (the “Project”). The Executive Hydroelectric Commission of the Lempa River (Comisión Ejecutiva Hidroeléctrica del Rio Lempa o CEL), an institution established under the laws of the Republic of El Salvador (the “Commission”), is seeking financing to cover development costs (design, technical studies, environmental and social studies, implementation of meteorological stations, internal costs associated with execution of the projects, etc.) related to development activities for the potential implementation of wind energy projects in El Salvador, including the Metapán 100MW wind power project, which would be located in the northwest of the country (the “Project”). IDB Invest Comision Ejecutiva Hidroelectrica del Rio Lempa IDB Invest Monje, Marco +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Energy 5000000 5000000 5000000 CEL - Upstream Loan for Wind Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15362-01 IDB Invest The proposed transaction expects to engage IDB Invest as the main investor in the first secured sustainable bond as issued by Banco Inmobiliario Mexicano, S.A., Institución de Banca Múltiple (“BIM” or the “Bank”) of up to MXN 800 million in Mexico. The bonds will be issued via a private placement and will have a tenor of up to six years, including a maximum revolving period of 42 months. IDB Invest will contribute up to MXN 600 million, whereas the remaining MXN 200 million will be subscribed by other potential investors. The proceeds will be used to expand BIM’s financing exclusively focused on the construction of middle- and low-income families housing, and the possibility of financing green real estate developments aligned with the eligibility criteria of IDB Invest. Additionally, IDB Invest will offer BIM its technical assistance services to determine the foundations, key products and necessary actions that can lead to positioning the Bank, in the near future, as a leader in the Mexican real estate development and construction sector, especially with value proposals for affordable green housing and logistic centers. The proposed transaction expects to engage IDB Invest as the main investor in the first secured sustainable bond as issued by Banco Inmobiliario Mexicano, S.A., Institución de Banca Múltiple (“BIM” or the “Bank”) of up to MXN 800 million in Mexico. The bonds will be issued via a private placement and will have a tenor of up to six years, including a maximum revolving period of 42 months. IDB Invest will contribute up to MXN 600 million, whereas the remaining MXN 200 million will be subscribed by other potential investors. The proceeds will be used to expand BIM’s financing exclusively focused on the construction of middle- and low-income families housing, and the possibility of financing green real estate developments aligned with the eligibility criteria of IDB Invest. Additionally, IDB Invest will offer BIM its technical assistance services to determine the foundations, key products and necessary actions that can lead to positioning the Bank, in the near future, as a leader in the Mexican real estate development and construction sector, especially with value proposals for affordable green housing and logistic centers. IDB Invest Banco Inmobiliario Mexicano IDB Invest Joya Silva, Sindy Elena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 43735900 43735900 43735900 Banco Inmobiliario Mexicano Sustainable Dwellings Covered Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15364-01 IDB Invest The proposed transaction consists of a senior secured financing for an amount of up to US$27 million, in favor of International Health Services Argentina S.A. ("IHSA" or the "Company"). The loan proceeds will be allocated for the acquisition and development of new technologies, operational infrastructure and facilities. In particular, the main investments of the Project will be oriented to: (i) the acquisition of new medical equipment; (ii) the incorporation of operational infrastructure for the development of new business lines; and (iii) the updating and modernization of technology and communications systems (collectively, the "Project"). IHSA began its operations in 1979 under the name Emergencias Sociedad Anónima, initially focusing on the provision of out-of-hospital medical services to individual clients in the City of Buenos Aires. Currently, GRUPO IHSA., commercially known until now as "Emergencias", provides coverage, through its private and associate network, to more than 3.1 million patients annually, through its different brands: Emergencias, Emerphone, Contigo, Eca, Embarazadas, Uell and Emermind. Through these business units, the Company offers a wide range of services, including medical care, home care, emergency transfers (medical and special), medical teleassistance, complex operations (including medical and emergency services in hard-to-reach areas), coverage and provision of health services at airports, technological development, training and corporate medicine, among others. During the year 2025, the group's companies performed approximately 2.5 million medical consultations. Likewise, IHSA has 43 operational bases and stations, employs more than 4,404 employees and has a fleet of more than 439 vehicles. The proposed transaction consists of a senior secured financing for an amount of up to US$27 million, in favor of International Health Services Argentina S.A. ("IHSA" or the "Company"). The loan proceeds will be allocated for the acquisition and development of new technologies, operational infrastructure and facilities. In particular, the main investments of the Project will be oriented to: (i) the acquisition of new medical equipment; (ii) the incorporation of operational infrastructure for the development of new business lines; and (iii) the updating and modernization of technology and communications systems (collectively, the "Project"). IHSA began its operations in 1979 under the name Emergencias Sociedad Anónima, initially focusing on the provision of out-of-hospital medical services to individual clients in the City of Buenos Aires. Currently, GRUPO IHSA., commercially known until now as "Emergencias", provides coverage, through its private and associate network, to more than 3.1 million patients annually, through its different brands: Emergencias, Emerphone, Contigo, Eca, Embarazadas, Uell and Emermind. Through these business units, the Company offers a wide range of services, including medical care, home care, emergency transfers (medical and special), medical teleassistance, complex operations (including medical and emergency services in hard-to-reach areas), coverage and provision of health services at airports, technological development, training and corporate medicine, among others. During the year 2025, the group's companies performed approximately 2.5 million medical consultations. Likewise, IHSA has 43 operational bases and stations, employs more than 4,404 employees and has a fleet of more than 439 vehicles. IDB Invest International Health Services Argentina SA IDB Invest Pasut, Carina Mabel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Social Infrastructure 27000000 27000000 27000000 Improving Healthcare Services in Argentina with Emergencias Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15365-01 IDB Invest Habi is a proptech company founded in 2019, operating in Colombia and Mexico, with the mission of facilitating the purchase and sale of homes, particularly in the low- and middle-income segments. Through a data-driven digital platform, it seeks to reduce information barriers and increase efficiency in the secondary housing market. IDB Invest is supporting Habi Colombia through a structured credit line of up to US$25 million, with the possibility of an uncommitted second tranche for an equivalent amount. The financing is channeled through a special purpose vehicle (SPV) established as a trust in Colombia, where IDB Invest acts as the first beneficiary. The structure has a four-year term and a 24-month availability period, and will support structural working capital through the acquisition and accumulation of an eligible housing inventory, which will be managed and sold by Habi. An innovative feature of this operation is the use of mortgages on the underlying assets as collateral, which significantly enhances legal certainty compared to previous models based on preventive notices. The funds will be used for the purchase, renovation, and resale of homes, thereby boosting the used housing market in urban areas of Colombia. In addition, Habi’s business model promotes job creation through networks of local contractors and independent real estate agents. The main objective of this operation is to expand access to affordable housing and strengthen the liquidity of the Colombian real estate market. Through this financing, IDB Invest aims to support Habi’s sustainable growth, diversify its funding sources, and solidify its role as a strategic partner in digital housing solutions across Latin America. Habi is a proptech company founded in 2019, operating in Colombia and Mexico, with the mission of facilitating the purchase and sale of homes, particularly in the low- and middle-income segments. Through a data-driven digital platform, it seeks to reduce information barriers and increase efficiency in the secondary housing market. IDB Invest is supporting Habi Colombia through a structured credit line of up to US$25 million, with the possibility of an uncommitted second tranche for an equivalent amount. The financing is channeled through a special purpose vehicle (SPV) established as a trust in Colombia, where IDB Invest acts as the first beneficiary. The structure has a four-year term and a 24-month availability period, and will support structural working capital through the acquisition and accumulation of an eligible housing inventory, which will be managed and sold by Habi. An innovative feature of this operation is the use of mortgages on the underlying assets as collateral, which significantly enhances legal certainty compared to previous models based on preventive notices. The funds will be used for the purchase, renovation, and resale of homes, thereby boosting the used housing market in urban areas of Colombia. In addition, Habi’s business model promotes job creation through networks of local contractors and independent real estate agents. The main objective of this operation is to expand access to affordable housing and strengthen the liquidity of the Colombian real estate market. Through this financing, IDB Invest aims to support Habi’s sustainable growth, diversify its funding sources, and solidify its role as a strategic partner in digital housing solutions across Latin America. IDB Invest MCN Inversiones S.A.S IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Digital Economy 50000000 50000000 50000000 Habi - Structured Line of Credit - Colombia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15369-01 IDB Invest Invesmar International Investments S.A. (“Invesmar” or the “Company”) is an agribusiness group with production operations primarily in Colombia, focused on the production and export of bananas, and on diversifying into other crops and services related to the agribusiness sector, including avocados, limes, fertilizers, logistics services, among others. The proposed transaction for Invesmar consists of a senior secured loan of up to US$35 million, with a term of up to 10 years, including a 2 year grace-period. The financing will be structured in two tranches: (i) a committed first tranche of up to US$25 million aimed at financing the Tahiti lime business, including planting, irrigation, and working capital, as well as the construction of a fertilizer plant; and (ii) an uncommitted second tranche of up to US$10 million, intended for investments related to additional agribusiness activities. The project will promote the diversification and expansion of Invesmar’s operations, strengthening its sustainable agro-industrial ecosystem and competitiveness in agricultural exports, while also supporting the substitution of imported agricultural inputs and generating employment in rural areas. Invesmar International Investments S.A. (“Invesmar” or the “Company”) is an agribusiness group with production operations primarily in Colombia, focused on the production and export of bananas, and on diversifying into other crops and services related to the agribusiness sector, including avocados, limes, fertilizers, logistics services, among others. The proposed transaction for Invesmar consists of a senior secured loan of up to US$35 million, with a term of up to 10 years, including a 2 year grace-period. The financing will be structured in two tranches: (i) a committed first tranche of up to US$25 million aimed at financing the Tahiti lime business, including planting, irrigation, and working capital, as well as the construction of a fertilizer plant; and (ii) an uncommitted second tranche of up to US$10 million, intended for investments related to additional agribusiness activities. The project will promote the diversification and expansion of Invesmar’s operations, strengthening its sustainable agro-industrial ecosystem and competitiveness in agricultural exports, while also supporting the substitution of imported agricultural inputs and generating employment in rural areas. IDB Invest Invesmar International Investments S.A. IDB Invest Vargas Toledo, Maria Fernanda +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Agribusiness 35000000 35000000 35000000 Invesmar: Empowering Sustainable Agriculture in Colombia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15372-01 IDB Invest The proposed financing to Dinvertech, S.P.R de R.L. de C.V. (the “Borrower” or the “Company”), a Mexican agricultural producer, consists of financing of up to US$90 million (the “Financing”), structured as follows: (i) a secured senior A/B loan of up to US$80 million, of which US$40 million will be funded by IDB Invest and the remainder by third parties; and (ii) an uncommitted revolving loan of up to US$10 million.The proceeds of the Financing will be used to cover capital expenditures and working capital needs of the Company, related to an expansion of its installed capacity in Mexico by adding 50 additional hectares of highly technical greenhouses for the cultivation of mini peppers primarily for export, as well as climate-smart agricultural practices (the “Project”). The proposed financing to Dinvertech, S.P.R de R.L. de C.V. (the “Borrower” or the “Company”), a Mexican agricultural producer, consists of financing of up to US$90 million (the “Financing”), structured as follows: (i) a secured senior A/B loan of up to US$80 million, of which US$40 million will be funded by IDB Invest and the remainder by third parties; and (ii) an uncommitted revolving loan of up to US$10 million.The proceeds of the Financing will be used to cover capital expenditures and working capital needs of the Company, related to an expansion of its installed capacity in Mexico by adding 50 additional hectares of highly technical greenhouses for the cultivation of mini peppers primarily for export, as well as climate-smart agricultural practices (the “Project”). IDB Invest Dinvertech, S.P.R. de R.L. de C.V. IDB Invest Piffaretti, Pablo Eduardo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 90000000 90000000 90000000 Dinvertech - Promoting Sustainable Agriculture in Mexico Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15378-01 IDB Invest The Project’s goal is to develop, build, and operate: (i) a 138kV transmission line between Puerto Maldonado and Iberia, (ii) the Valle del Chira Substation in Piura, and (iii) a 500kV transmission line between Piura Nueva and the Peru-Ecuador border. This project is expected to play a key role in strengthening the energy system by enhancing supply reliability and promoting greater integration between Peru and Ecuador. The Project’s goal is to develop, build, and operate: (i) a 138kV transmission line between Puerto Maldonado and Iberia, (ii) the Valle del Chira Substation in Piura, and (iii) a 500kV transmission line between Piura Nueva and the Peru-Ecuador border. This project is expected to play a key role in strengthening the energy system by enhancing supply reliability and promoting greater integration between Peru and Ecuador. IDB Invest Celeo Redes Perú S.A.C. IDB Invest Malpartida Velasquez, Aldo Rafael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Energy 56500000 56500000 56500000 Celeo Transmission Assets: Financing Peru-Ecuador Power Interconnection and Additional T-Lines Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15376-01 IDB Invest The Project, which involves the construction, operation, and maintenance of a 34.8 km long, six lane, toll expressway in Lima, Peru, will also include toll-free side roads for local traffic, 4.22 km of double and triple lane tunnels, 11 viaducts, 16 underpasses, 18 overpasses, pedestrian crossings every 500 m, 3 main toll stations, and two lateral toll stations. Once in operation, it is expected to (i) significantly reduce traffic congestion in Lima by diverting heavy vehicles from the oversaturated existing grid, (ii) improve the connectivity between the airport, port, and other national highways, and (iii) benefit over 4.5 million people.For construction purposes, the Project has been divided in three stretches (“Tramo”): Tramo 1, which is 8.7 km long, extends through El Callao, San Martín de Porres, and Los Olivos, from the Ovalo de las 200 miles to the Panamericana Norte, at the Ovalo del Naranjal; Tramo 2, with a total length of 15.1 km, that stretches through Independencia, Comas, San Juan de Lurigancho, and Lurigancho-Chosica to the Avenida Ramiro Prialé; and Tramo 3, a 11.0 km section, that extends through El Agustino, Santa Anita, La Molina, and San Luis to Avenida Rosa Toro, 70 m past Avenida Circunvalación.Each Tramo will progress through three phases: pre-construction, expected to take 1.5 to 5 years, will focus on securing rights of way, including land acquisition and relocation; construction, foreseen to last 7 years, will comprise both of greenfield and brownfield works; and operation that will extend for a minimum of 30 years.The Project will involve the acquisition of 653 governmental and 3,487 privately-owned properties and require the resettlement of approximately 3,399 social units (38 in Tramo 1; 3,216 in Tramo 2; and 145 in Tramo 3). The Project, which involves the construction, operation, and maintenance of a 34.8 km long, six lane, toll expressway in Lima, Peru, will also include toll-free side roads for local traffic, 4.22 km of double and triple lane tunnels, 11 viaducts, 16 underpasses, 18 overpasses, pedestrian crossings every 500 m, 3 main toll stations, and two lateral toll stations. Once in operation, it is expected to (i) significantly reduce traffic congestion in Lima by diverting heavy vehicles from the oversaturated existing grid, (ii) improve the connectivity between the airport, port, and other national highways, and (iii) benefit over 4.5 million people.For construction purposes, the Project has been divided in three stretches (“Tramo”): Tramo 1, which is 8.7 km long, extends through El Callao, San Martín de Porres, and Los Olivos, from the Ovalo de las 200 miles to the Panamericana Norte, at the Ovalo del Naranjal; Tramo 2, with a total length of 15.1 km, that stretches through Independencia, Comas, San Juan de Lurigancho, and Lurigancho-Chosica to the Avenida Ramiro Prialé; and Tramo 3, a 11.0 km section, that extends through El Agustino, Santa Anita, La Molina, and San Luis to Avenida Rosa Toro, 70 m past Avenida Circunvalación.Each Tramo will progress through three phases: pre-construction, expected to take 1.5 to 5 years, will focus on securing rights of way, including land acquisition and relocation; construction, foreseen to last 7 years, will comprise both of greenfield and brownfield works; and operation that will extend for a minimum of 30 years.The Project will involve the acquisition of 653 governmental and 3,487 privately-owned properties and require the resettlement of approximately 3,399 social units (38 in Tramo 1; 3,216 in Tramo 2; and 145 in Tramo 3). IDB Invest Sociedad Concesionaria Anillo Vial SAC IDB Invest Malpartida Velasquez, Aldo Rafael +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Transport 100000000 100000000 100000000 Anillo Vial Periférico: Transforming Lima's Urban Road Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15381-01 IDB Invest The proposed transaction consists of a senior unsecured loan to Sudameris Bank S.A.E.C.A. (“Sudameris” or the “Bank”), consisting of: (i) a Loan in Guaraníes (“PYG”) for an amount of up to PYG600 billion, to be disbursed in tranches and for a term of up to five years, with a grace period of up to two years; (ii) an A Loan for an amount of up to US$30 million, for a term of up to seven years; and (iii) the transaction also contemplates the possibility of mobilizing resources from institutional investors through a B Loan for an amount to be determined in accordance with market conditions. The proceeds from the transaction will be used to finance the growth of Sudameris' Small and Medium-Sized (“SME”) and Sustainable Forestry portfolios in Paraguay. The proposed transaction consists of a senior unsecured loan to Sudameris Bank S.A.E.C.A. (“Sudameris” or the “Bank”), consisting of: (i) a Loan in Guaraníes (“PYG”) for an amount of up to PYG600 billion, to be disbursed in tranches and for a term of up to five years, with a grace period of up to two years; (ii) an A Loan for an amount of up to US$30 million, for a term of up to seven years; and (iii) the transaction also contemplates the possibility of mobilizing resources from institutional investors through a B Loan for an amount to be determined in accordance with market conditions. The proceeds from the transaction will be used to finance the growth of Sudameris' Small and Medium-Sized (“SME”) and Sustainable Forestry portfolios in Paraguay. IDB Invest Sudameris Bank S.A.E.C.A. IDB Invest Carrasco, Almudena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Financial Institutions 115158000 115158000 115158000 Sudameris: Senior Loan in Guaraníes and A/B Loan to Support Financing for SMEs and the Sustainable Forestry Sector in Paraguay Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15384-01 IDB Invest Solxir S.A., a subsidiary of Grupo RAS (“the Group”), is a vertically integrated transportation and logistics conglomerate headquartered in Uruguay, with operations across Latin America and over three decades of industry experience. As part of its strategic growth plan, the Group is seeking a secured senior loan of up to US$20 million to acquire cutting-edge locomotives and railway equipment. This investment will support the launch of freight transport operations along Uruguay’s Central Railway. The new locomotives will link the Group’s flagship logistics hub, Parque Industrial Ruta 5 (PIR5), with the Port of Montevideo and key towns and industrial zones throughout the country’s interior, enhancing Uruguay’s multimodal logistics capabilities, boosting operational efficiency, lowering logistics costs, and reducing greenhouse gas emissions. Solxir S.A., a subsidiary of Grupo RAS (“the Group”), is a vertically integrated transportation and logistics conglomerate headquartered in Uruguay, with operations across Latin America and over three decades of industry experience. As part of its strategic growth plan, the Group is seeking a secured senior loan of up to US$20 million to acquire cutting-edge locomotives and railway equipment. This investment will support the launch of freight transport operations along Uruguay’s Central Railway. The new locomotives will link the Group’s flagship logistics hub, Parque Industrial Ruta 5 (PIR5), with the Port of Montevideo and key towns and industrial zones throughout the country’s interior, enhancing Uruguay’s multimodal logistics capabilities, boosting operational efficiency, lowering logistics costs, and reducing greenhouse gas emissions. IDB Invest Solxir S.A. IDB Invest Beretta Tassano, Patricio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Transport 10000000 10000000 10000000 Grupo RAS: Advancing Railway Transportation in Uruguay Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15383-01 IDB Invest Mayabel S.A., a subsidiary of Grupo RAS (“the Group”), is a vertically integrated transportation and logistics conglomerate headquartered in Uruguay, with operations throughout Latin America and over 30 years of experience. The financing proposal includes a secured senior loan of up to US$30 million to support the expansion of its flagship logistics hub, Parque Industrial Ruta 5 (PIR5), strategically located 32 kilometers from Montevideo. Covering an area of 105 hectares and offering significant growth potential, PIR5 is one of the largest and most advanced logistics hubs in the Montevideo metropolitan area. These investments will facilitate international trade and enhance logistics services, fostering more resilient and efficient logistics networks. The project also includes a refinancing component to replace existing debt with more favorable terms offered by IDB Invest, improving the capital structure and strengthening the Group’s long-term financial stability Mayabel S.A., a subsidiary of Grupo RAS (“the Group”), is a vertically integrated transportation and logistics conglomerate headquartered in Uruguay, with operations throughout Latin America and over 30 years of experience. The financing proposal includes a secured senior loan of up to US$30 million to support the expansion of its flagship logistics hub, Parque Industrial Ruta 5 (PIR5), strategically located 32 kilometers from Montevideo. Covering an area of 105 hectares and offering significant growth potential, PIR5 is one of the largest and most advanced logistics hubs in the Montevideo metropolitan area. These investments will facilitate international trade and enhance logistics services, fostering more resilient and efficient logistics networks. The project also includes a refinancing component to replace existing debt with more favorable terms offered by IDB Invest, improving the capital structure and strengthening the Group’s long-term financial stability IDB Invest Mayabel S.A. IDB Invest Beretta Tassano, Patricio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Manufacturing 30000000 30000000 30000000 Grupo RAS: Catalyzing Investment in Uruguay’s Logistics Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15393-01 IDB Invest This transaction consists of a revolving credit facility in favor of Corpovael, S.A.B. de C.V. (“CADU”) and its subsidiaries: Cadu Inmobiliaria, S.A. de C.V.; Cadurma, S.A. de C.V.; Cadu Residencias, S.A. de C.V.; and Inmoccidente, S.A. de C.V. (together with CADU, the “Group”). The facility will include both a committed and an uncommitted tranche to finance working capital needs, including the construction and development of green low- and middle-income housing in Mexico.CADU is a vertically integrated housing development group focused on affordable housing in Mexico. It primarily serves the Southeast region and currently has developments in Cancún, Playa del Carmen, Tulum, Guadalajara, and Mexico City. This transaction consists of a revolving credit facility in favor of Corpovael, S.A.B. de C.V. (“CADU”) and its subsidiaries: Cadu Inmobiliaria, S.A. de C.V.; Cadurma, S.A. de C.V.; Cadu Residencias, S.A. de C.V.; and Inmoccidente, S.A. de C.V. (together with CADU, the “Group”). The facility will include both a committed and an uncommitted tranche to finance working capital needs, including the construction and development of green low- and middle-income housing in Mexico.CADU is a vertically integrated housing development group focused on affordable housing in Mexico. It primarily serves the Southeast region and currently has developments in Cancún, Playa del Carmen, Tulum, Guadalajara, and Mexico City. IDB Invest Corpovael, S.A.B. de C.V. (“CADU”) y sus subsidiarias Cadu Inmobiliaria, S.A. de C.V., Cadurma, S.A. de C.V., Cadu Residencias, S.A. de C.V., e Inmoccidente, S.A. de C.V. IDB Invest Aguirre Hernandez, Alma Iliana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 36566100 36566100 36566100 Cadu - Increasing the availability of affordable housing in Mexico Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15394-01 IDB Invest The transaction consists of a financing for the construction and operation of the new Tocantins Women’s Hospital and Maternity, a 210-bed greenfield facility under a 30-year PPP awarded to Opy Health. The Project aims to expand access to high-quality maternal and women’s healthcare through a modern public hospital, ensuring efficient delivery of non-clinical services for free and long-term infrastructure sustainability. The transaction consists of a financing for the construction and operation of the new Tocantins Women’s Hospital and Maternity, a 210-bed greenfield facility under a 30-year PPP awarded to Opy Health. The Project aims to expand access to high-quality maternal and women’s healthcare through a modern public hospital, ensuring efficient delivery of non-clinical services for free and long-term infrastructure sustainability. IDB Invest ODR Health SPE SA IDB Invest Cabral Da Silva Porto, Adriane +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Social Infrastructure 69836600 69836600 69836600 Opy Tocantins' Women's Hospital and Maternity Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15395-01 IDB Invest CEFAS S.A. (“CEFAS” or the “Company”) is one of Argentina's leading lime producers for the industrial sector, with over 20 years of experience. CEFAS produces lime for the Argentine construction market and supplies the industrial sectors in Argentina, Chile, and Uruguay, serving major mining, steel, and paper companies. The transaction involves financing for CEFAS, a subsidiary of the Mexican lime producer Grupo Calidra, S.A. de C.V. (“Calidra”), which will be used to finance capital investments and permanent working capital at its existing plants in Argentina. CEFAS S.A. (“CEFAS” or the “Company”) is one of Argentina's leading lime producers for the industrial sector, with over 20 years of experience. CEFAS produces lime for the Argentine construction market and supplies the industrial sectors in Argentina, Chile, and Uruguay, serving major mining, steel, and paper companies. The transaction involves financing for CEFAS, a subsidiary of the Mexican lime producer Grupo Calidra, S.A. de C.V. (“Calidra”), which will be used to finance capital investments and permanent working capital at its existing plants in Argentina. IDB Invest CEFAS S.A. IDB Invest Beretta Tassano, Patricio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Manufacturing 52000000 52000000 52000000 Cefas - Increasing production capacity of lime in Argentina Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15397-01 IDB Invest Celulares y Accesorios del Sureste, S.A. de C.V. (“Macropay”), a Mexican company primarily engaged in the credit sale of mobile phones, the retail distribution of technology accessories, and the sale of motorcycles through inclusive financial products, is seeking financing to expand its operations through the opening of new physical stores in Mexico. The transaction consists of long-term financing for Macropay of up to MXN 650 million, which will be used to open new branches, with a focus on rural areas of the country. This will facilitate access to essential digital services, promote financial inclusion, and support the direct generation of employment in Mexico. Celulares y Accesorios del Sureste, S.A. de C.V. (“Macropay”), a Mexican company primarily engaged in the credit sale of mobile phones, the retail distribution of technology accessories, and the sale of motorcycles through inclusive financial products, is seeking financing to expand its operations through the opening of new physical stores in Mexico. The transaction consists of long-term financing for Macropay of up to MXN 650 million, which will be used to open new branches, with a focus on rural areas of the country. This will facilitate access to essential digital services, promote financial inclusion, and support the direct generation of employment in Mexico. IDB Invest Celulares y Accesorios del Sureste, S.A. de C.V. IDB Invest Fernandez Fernandez, Martha +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 37745900 37745900 37745900 Macropay - Increasing access to tech for vulnerable population in Mexico Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15403-01 IDB Invest IDB Invest is looking to finance approximately US$22 million through a revolving working capital facility to support Abaco Caribbean Holdings., a Bahamian company, and its shareholders, The Bahamas Group of Striping Companies. This financing will be directed towards the West Grand Bahama Road Improvement project, which seeks to enhance connectivity, safety, and the overall travel experience across Grand Bahama. The Project involves the rehabilitation of asphalt paving of 51 miles of highway and 47 miles of settlement roads, with an estimated cost of US$185 million. IDB Invest is looking to finance approximately US$22 million through a revolving working capital facility to support Abaco Caribbean Holdings., a Bahamian company, and its shareholders, The Bahamas Group of Striping Companies. This financing will be directed towards the West Grand Bahama Road Improvement project, which seeks to enhance connectivity, safety, and the overall travel experience across Grand Bahama. The Project involves the rehabilitation of asphalt paving of 51 miles of highway and 47 miles of settlement roads, with an estimated cost of US$185 million. IDB Invest Abaco Caribbean Holdings Ltd IDB Invest Camargo Tamara, Mario +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Bahamas Bahamas Transport 22000000 22000000 22000000 Grand Bahama Road Rehabilitation Working Capital Facility Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15404-01 IDB Invest The project consists of supporting Banco Bolivariano C.A. (“Banco Bolivariano” or the “Bank”), in the first issuance of a Biodiversity Bond in Ecuador. The total amount of the Bond will be up to US$120 million with a five-year term. IDB Invest will subscribe for a total amount of up to US$50 million. Other potential investors will participate with subscriptions of up to US$70 million. The proceeds from the bond will be used to promote and expand the financing of biodiversity-related projects and opportunities in Ecuador. Additionally, IDB Invest, through Technical Advisory Services (“TA”), will support Banco Bolivariano in strengthening the measurement of the impact generated by its loan portfolio. This will be achieved by improving data collection and monitoring systems. The project consists of supporting Banco Bolivariano C.A. (“Banco Bolivariano” or the “Bank”), in the first issuance of a Biodiversity Bond in Ecuador. The total amount of the Bond will be up to US$120 million with a five-year term. IDB Invest will subscribe for a total amount of up to US$50 million. Other potential investors will participate with subscriptions of up to US$70 million. The proceeds from the bond will be used to promote and expand the financing of biodiversity-related projects and opportunities in Ecuador. Additionally, IDB Invest, through Technical Advisory Services (“TA”), will support Banco Bolivariano in strengthening the measurement of the impact generated by its loan portfolio. This will be achieved by improving data collection and monitoring systems. IDB Invest BANCO BOLIVARIANO C.A. IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 50000000 50000000 50000000 Banco Bolivariano: Biodiversity Bond in Ecuador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15408-01 IDB Invest The transaction aims to finance the expansion of renewable energy generation capacity throughout the country (approximately 340 MW), as well as the installation of 40 MW of batteries, awarded under Argentina's first large-scale storage initiative, Alma-GBA. The transaction aims to finance the expansion of renewable energy generation capacity throughout the country (approximately 340 MW), as well as the installation of 40 MW of batteries, awarded under Argentina's first large-scale storage initiative, Alma-GBA. IDB Invest Genneia IDB Invest Duhart, Martin Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Energy 95000000 95000000 95000000 Supporting the Expansion of Renewable Energy Capacity in Argentina with Genneia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15405-01 IDB Invest IDB Invest is considering an investment of up to US$10 million in the IDC Regional Partnership Fund for Economic Mobility, which Valante Capital (Valante or the Fund Manager) is raising and will co-invest alongside the IDC Ascend II Fund (both vehicles jointly referred to as the “Fund”). The Fund has a US$250 million target and is focused on multisector equity investments primarily in Central America and the Caribbean, but also in Ecuador and Bolivia. These markets have strong potential for upward economic mobility into the middle class, on which the Fund capitalizes by investing in food security, consumer, and retail – fragmented sectors with growth and exit potential. The Fund Manager has extensive investment experience and has a deep regional network. IDB Invest is considering an investment of up to US$10 million in the IDC Regional Partnership Fund for Economic Mobility, which Valante Capital (Valante or the Fund Manager) is raising and will co-invest alongside the IDC Ascend II Fund (both vehicles jointly referred to as the “Fund”). The Fund has a US$250 million target and is focused on multisector equity investments primarily in Central America and the Caribbean, but also in Ecuador and Bolivia. These markets have strong potential for upward economic mobility into the middle class, on which the Fund capitalizes by investing in food security, consumer, and retail – fragmented sectors with growth and exit potential. The Fund Manager has extensive investment experience and has a deep regional network. IDB Invest IDC Ascend II LAC Food Security Fund IDB Invest de Beaufort, Lucas +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Investment Funds 10000000 10000000 10000000 IDC Regional Partnership Fund for Economic Mobility Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15410-01 IDB Invest IDB Invest proposes financing of up to US$20 million to IENTC S. de R.L. de C.V. (“IENTC”), a telecommunications operator with over a decade of experience in Mexico, established as one of the country’s six main connectivity providers. With its own network of more than 25,000 km of fiber optic cable and presence in 28 states, IENTC offers high-capacity, high-speed solutions for wholesale, corporate, and residential clients, including dedicated connectivity, data transport, dark fiber, FTTH, telephony, and mobile services, among others.The operation includes a committed and revolving tranche of up to US$12 million, as well as an uncommitted revolving line of up to US$8 million. The funds will be used to acquire equipment and critical components to maintain and expand IENTC’s infrastructure, with a focus on improving service continuity, expanding coverage, and accelerating connectivity in underserved and southern regions of the country, where significant access gaps and low levels of connectivity persist. IDB Invest proposes financing of up to US$20 million to IENTC S. de R.L. de C.V. (“IENTC”), a telecommunications operator with over a decade of experience in Mexico, established as one of the country’s six main connectivity providers. With its own network of more than 25,000 km of fiber optic cable and presence in 28 states, IENTC offers high-capacity, high-speed solutions for wholesale, corporate, and residential clients, including dedicated connectivity, data transport, dark fiber, FTTH, telephony, and mobile services, among others.The operation includes a committed and revolving tranche of up to US$12 million, as well as an uncommitted revolving line of up to US$8 million. The funds will be used to acquire equipment and critical components to maintain and expand IENTC’s infrastructure, with a focus on improving service continuity, expanding coverage, and accelerating connectivity in underserved and southern regions of the country, where significant access gaps and low levels of connectivity persist. IDB Invest IENTC S de RL de CV IDB Invest Baltazar Vazquez, Lucia Adriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Digital Economy 20000000 20000000 20000000 IENTC: Revolving Facility to Expand Connectivity in Mexico Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15420-01 IDB Invest IDB Invest is considering providing a financing package that includes three financial products to Telemóvil El Salvador, S.A. de C.V. (the “Company” or “Tigo”). The first tranche (15420-01) consists of a long-term loan of up to US$150 million. This financing is part of a US$300 million CAPEX strategic investment plan for the 2024–2027 period, aimed at supporting the expansion of Tigo’s mobile and fixed infrastructure network in El Salvador, and including the partial refinancing of maturing debt obligations. The long-term financing package, where IDB Invest would act as Lender of Record for the entire financing, includes US$75 million in loans from IDB Invest (“A Loan”) and up to US$75 million to be mobilized from commercial banks (“B Loan”). The second tranche (15481-01) is a revolving credit line of up to US$30 million, and finally, the third tranche (15558-01) includes an uncommitted smartphone financing line of up to US$25 million. IDB Invest is considering providing a financing package that includes three financial products to Telemóvil El Salvador, S.A. de C.V. (the “Company” or “Tigo”). The first tranche (15420-01) consists of a long-term loan of up to US$150 million. This financing is part of a US$300 million CAPEX strategic investment plan for the 2024–2027 period, aimed at supporting the expansion of Tigo’s mobile and fixed infrastructure network in El Salvador, and including the partial refinancing of maturing debt obligations. The long-term financing package, where IDB Invest would act as Lender of Record for the entire financing, includes US$75 million in loans from IDB Invest (“A Loan”) and up to US$75 million to be mobilized from commercial banks (“B Loan”). The second tranche (15481-01) is a revolving credit line of up to US$30 million, and finally, the third tranche (15558-01) includes an uncommitted smartphone financing line of up to US$25 million. IDB Invest Telemovil El Salvador S.A. de C.V. IDB Invest Coello Paz, Mariana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Digital Economy 130000000 130000000 130000000 Tigo El Salvador Network Connectivity Financing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15433-01 IDB Invest The project consists of an IDB Invest anchor investment of up to the lesser of US$30 million or 20% of the capital of the Latin America Fund II (the “Fund” or “Resilient Industries & Natural Capital LAC Fund”), a partnership to be incorporated by Generation Investment Management LLP (“GIM") in Delaware, U.S.A. With a target size of US$350 million, the Fund is expected to be among the largest regional Private Equity (“PE”) fund focused on supporting the resilient economy through the provision of risk capital to two primary strategies; (i) solutions that decarbonize industries; and (ii) nature solutions to generate strong resilient capacity towards the net-zero emission target in Latin America and the Caribbean (“LAC”) (the “Project”). The IDB Invest investment includes an up to US$5 million of blended finance resources from the United Kingdom Sustainable Infrastructure Program to catalyze private sector investors into the Fund.The Fund will be managed by GIM, a UK-based investment firm with over 20 years of experience in sustainable investing and approximately US$25 billion of assets under management. Within Private Markets, beyond its Growth Equity and Private Equity strategies, Generation invests in climate solutions through Just Climate, its climate-led investment arm established to address the net-zero challenge at scale. Just Climate targets attractive risk-adjusted returns by backing the highest-impact climate solutions. The Fund is designed to mobilize capital at scale to provide long-term growth capital to approximately 12 companies. Where opportunities exceed the Fund’s standalone capacity, it can co‑invest alongside GIM’s global Industrial Climate Solutions (“ICS”) and Natural Climate Solutions (“NCS”), enabling the platform to finance sectors from early-growth stages through to significantly larger check sizes within a single, integrated approach. The Fund allocation strategy consists of investing between 40-60% of its portfolio in low-carbon industry & energy sectors, 20-40% in waste to value & circularity, and 20-40% in land-use transition & food systems. In addition, as a cross-cutting theme the Fund will look for enabling technologies for the climate transition underpinning its investments.The Project aims to generate measurable avoidance and/or removal in GHG emissions through investments in companies that deploy low-carbon technologies, circular business models, and sustainable land-use practices. In addition, supported companies are expected to scale operations, improve financial performance, and demonstrate commercially viable climate solutions in the region. As at 31st March 2026. In the case of assets under management (“AUM”), this includes subscriptions and redemptions received by the last business day of the quarter-end but applied the first business day after the quarter-end. As at 31st March 2026, assets under management total approximately US$24.7 billion. The project consists of an IDB Invest anchor investment of up to the lesser of US$30 million or 20% of the capital of the Latin America Fund II (the “Fund” or “Resilient Industries & Natural Capital LAC Fund”), a partnership to be incorporated by Generation Investment Management LLP (“GIM") in Delaware, U.S.A. With a target size of US$350 million, the Fund is expected to be among the largest regional Private Equity (“PE”) fund focused on supporting the resilient economy through the provision of risk capital to two primary strategies; (i) solutions that decarbonize industries; and (ii) nature solutions to generate strong resilient capacity towards the net-zero emission target in Latin America and the Caribbean (“LAC”) (the “Project”). The IDB Invest investment includes an up to US$5 million of blended finance resources from the United Kingdom Sustainable Infrastructure Program to catalyze private sector investors into the Fund.The Fund will be managed by GIM, a UK-based investment firm with over 20 years of experience in sustainable investing and approximately US$25 billion of assets under management. Within Private Markets, beyond its Growth Equity and Private Equity strategies, Generation invests in climate solutions through Just Climate, its climate-led investment arm established to address the net-zero challenge at scale. Just Climate targets attractive risk-adjusted returns by backing the highest-impact climate solutions. The Fund is designed to mobilize capital at scale to provide long-term growth capital to approximately 12 companies. Where opportunities exceed the Fund’s standalone capacity, it can co‑invest alongside GIM’s global Industrial Climate Solutions (“ICS”) and Natural Climate Solutions (“NCS”), enabling the platform to finance sectors from early-growth stages through to significantly larger check sizes within a single, integrated approach. The Fund allocation strategy consists of investing between 40-60% of its portfolio in low-carbon industry & energy sectors, 20-40% in waste to value & circularity, and 20-40% in land-use transition & food systems. In addition, as a cross-cutting theme the Fund will look for enabling technologies for the climate transition underpinning its investments.The Project aims to generate measurable avoidance and/or removal in GHG emissions through investments in companies that deploy low-carbon technologies, circular business models, and sustainable land-use practices. In addition, supported companies are expected to scale operations, improve financial performance, and demonstrate commercially viable climate solutions in the region. As at 31st March 2026. In the case of assets under management (“AUM”), this includes subscriptions and redemptions received by the last business day of the quarter-end but applied the first business day after the quarter-end. As at 31st March 2026, assets under management total approximately US$24.7 billion. IDB Invest Just Climate LAC Green Fund LP IDB Invest Ferro De Sanctis, Carlos Numen +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Investment Funds 20000000 20000000 20000000 Resilient Industries & Natural Capital LAC Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15434-01 IDB Invest The financing consists of a senior, unsecured, A/B loan of up to US$150 million to Banco Agrícola, S.A. ("Banco Agrícola" or the "Bank"), with a term of up to five years, including an up to two-year grace period (the "Project"). The Project includes: (i) an A Loan of up to US$40 million financed by IDB Invest (the “A Loan”); (ii) an A Loan of up to US$10 million from a Blended Finance component provided by funds managed by IDB Invest (the "Blended Finance Loan"); and (iii) one or more B Loans related to the IDB Invest A Loan of approximately US$100 million to be funded by various commercial lenders (the "IDB Invest B Loan"). The Project aims to: (i) provide long-term financing; and (ii) increase funding for Small and Medium-Sized Enterprises ("SMEs") and the Bank's green portfolio. The financing consists of a senior, unsecured, A/B loan of up to US$150 million to Banco Agrícola, S.A. ("Banco Agrícola" or the "Bank"), with a term of up to five years, including an up to two-year grace period (the "Project"). The Project includes: (i) an A Loan of up to US$40 million financed by IDB Invest (the “A Loan”); (ii) an A Loan of up to US$10 million from a Blended Finance component provided by funds managed by IDB Invest (the "Blended Finance Loan"); and (iii) one or more B Loans related to the IDB Invest A Loan of approximately US$100 million to be funded by various commercial lenders (the "IDB Invest B Loan"). The Project aims to: (i) provide long-term financing; and (ii) increase funding for Small and Medium-Sized Enterprises ("SMEs") and the Bank's green portfolio. IDB Invest Banco Agricola, S.A. IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions 40000000 40000000 40000000 Banco Agricola: Loan to Expand Financing with Focus on Impact in El Salvador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15435-01 IDB Invest BID Invest states its intention to become a shareholder in Caja Municipal de Ahorro y Crédito Cusco (the “Caja” or “Caja Cusco”), for an amount equivalent in Peruvian soles (“PEN”) of up to ~US$20.6 million (the “Investment” or the “Project”). The Investment is expected to represent a minimum of 7.5% of the Caja’s total shares. The objective of the Investment is to strengthen the Caja’s capital structure (“Tier I”), which benefits the capital adequacy ratio and supports the continued sustainable growth of the Micro and Small Enterprises (“MSEs”) in Peru. BID Invest states its intention to become a shareholder in Caja Municipal de Ahorro y Crédito Cusco (the “Caja” or “Caja Cusco”), for an amount equivalent in Peruvian soles (“PEN”) of up to ~US$20.6 million (the “Investment” or the “Project”). The Investment is expected to represent a minimum of 7.5% of the Caja’s total shares. The objective of the Investment is to strengthen the Caja’s capital structure (“Tier I”), which benefits the capital adequacy ratio and supports the continued sustainable growth of the Micro and Small Enterprises (“MSEs”) in Peru. IDB Invest Caja Municipal de Ahorro y Crédito Cusco S.A. IDB Invest Diaz Nunez, Jessica Magaly +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 22507100 22507100 22507100 CMAC Cusco: Equity Investment to Support the Growth of MSEs in Peru Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15436-01 IDB Invest The project involves a long-term loan, senior and unsecured, of up to US$125 million for a period of four years, with semi-annual repayments. The financing will be structured as follows: the project involves a long-term loan, senior and unsecured, of up to US$125 million for a period of four years, with semi-annual repayments. The financing will be structured as follows: (i) a loan of up to US$75 million to be funded jointly by IDB Invest and IDB Group Funds, containing an uncommitted tranche of up to US$25 million; and (ii) a loan of up to US$50 million, in one single committed tranche, funded by FinDev Canada. The proposed financing will help expand access to financing in Brazil by supporting the expansion of Banco ABC Brasil S.A. medium enterprises portfolio, allocating at least 30% of the proceeds to women-owned or women-led medium enterprises. The project involves a long-term loan, senior and unsecured, of up to US$125 million for a period of four years, with semi-annual repayments. The financing will be structured as follows: the project involves a long-term loan, senior and unsecured, of up to US$125 million for a period of four years, with semi-annual repayments. The financing will be structured as follows: (i) a loan of up to US$75 million to be funded jointly by IDB Invest and IDB Group Funds, containing an uncommitted tranche of up to US$25 million; and (ii) a loan of up to US$50 million, in one single committed tranche, funded by FinDev Canada. The proposed financing will help expand access to financing in Brazil by supporting the expansion of Banco ABC Brasil S.A. medium enterprises portfolio, allocating at least 30% of the proceeds to women-owned or women-led medium enterprises. IDB Invest BANCO ABC BRASIL S.A. IDB Invest Chiancone Stanham, Federico +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 50000000 50000000 50000000 Banco ABC: Financing for Medium Enterprises and Women-Owned Medium Enterprises in Brazil Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15437-01 IDB Invest The transaction consists of the granting of an unsecured senior loan to Banco Mundo Mujer S.A. (“Banco Mundo Mujer,” “BMM,” or the “Bank”) by BID Invest, structured as follows: (i) Committed Tranche I, for an amount of up to COP120,000 million; (ii) Uncommitted Tranche II, for an amount of up to COP70,000 million; and (iii) a potential parallel loan for an amount of up to COP80,000 million to be disbursed by another lender (the “Financing”). The Financing will have a term of up to six years, with each tranche having a term of up to three years from its disbursement and a one-year grace period on principal. The resources from the Financing will be used to increase access to financing for microenterprises, including those owned or led by women. The transaction consists of the granting of an unsecured senior loan to Banco Mundo Mujer S.A. (“Banco Mundo Mujer,” “BMM,” or the “Bank”) by BID Invest, structured as follows: (i) Committed Tranche I, for an amount of up to COP120,000 million; (ii) Uncommitted Tranche II, for an amount of up to COP70,000 million; and (iii) a potential parallel loan for an amount of up to COP80,000 million to be disbursed by another lender (the “Financing”). The Financing will have a term of up to six years, with each tranche having a term of up to three years from its disbursement and a one-year grace period on principal. The resources from the Financing will be used to increase access to financing for microenterprises, including those owned or led by women. IDB Invest BANCO MUNDO MUJER S.A. IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 64045600 64045600 64045600 Banco Mundo Mujer: Loan to Increase Financing for Microenterprises in Colombia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15441-01 IDB Invest The proposed transaction consists of a senior unsecure A/B loan, up to US$ 150 million (the “Loan”), financed as follows: (i) a committed loan up to US$50 million to be financed by IDB Invest, and (ii) a B loan up of approximately US$ 100 millions to be financed by institutional investors. The loan has a tenor of up to three years, amortizable, and renewable for two additional periods. The project aims to increase Banco Supervielle available financing so that it can increase its SME’s portfolio in the country. Additionally, IDB Invest is designing advisory services to support the Supervielle’s sustainability strategy. The proposed transaction consists of a senior unsecure A/B loan, up to US$ 150 million (the “Loan”), financed as follows: (i) a committed loan up to US$50 million to be financed by IDB Invest, and (ii) a B loan up of approximately US$ 100 millions to be financed by institutional investors. The loan has a tenor of up to three years, amortizable, and renewable for two additional periods. The project aims to increase Banco Supervielle available financing so that it can increase its SME’s portfolio in the country. Additionally, IDB Invest is designing advisory services to support the Supervielle’s sustainability strategy. IDB Invest BANCO SUPERVIELLE S.A. IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions 50000000 50000000 50000000 Banco Supervielle – A/B Loan for SME Financing in Argentina Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15448-01 IDB Invest The proposed transaction consists of the subscription of an issuance of Silver Subordinated Bonds, issued by Banco Popular S.A. (“Banco Popular” or the “Bank”), unsecured and denominated in Colombian Pesos (“COP”), for an amount equivalent in COP of up to US$50 million in the Colombian secondary market (the “Issuance”), to be fully subscribed by IDB Invest. The Issuance will have a ten-year tenor, with bullet repayment and an option for full prepayment starting in the fifth year. The proceeds from the Issuance will be used to finance the Bank’s senior citizens loan portfolio (silver economy). The proposed transaction consists of the subscription of an issuance of Silver Subordinated Bonds, issued by Banco Popular S.A. (“Banco Popular” or the “Bank”), unsecured and denominated in Colombian Pesos (“COP”), for an amount equivalent in COP of up to US$50 million in the Colombian secondary market (the “Issuance”), to be fully subscribed by IDB Invest. The Issuance will have a ten-year tenor, with bullet repayment and an option for full prepayment starting in the fifth year. The proceeds from the Issuance will be used to finance the Bank’s senior citizens loan portfolio (silver economy). IDB Invest Banco Popular S.A. IDB Invest Vera Rodulfo, Ana Beatriz del Carmen +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 54620800 54620800 54620800 Banco Popular: Subordinated Silver Bonds to Support Senior Citizens in Colombia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15457-01 IDB Invest The proposed transaction with Operadora y Procesadora de Productos Marinos OMARSA S.A. (“Omarsa” or the “Company”), one of Ecuador’s largest shrimp exporters, consists of a secured senior loan of up to US$50 million, with a term of up to 10 years and including a one-year grace period.The funds will support the Company’s investment plan in its shrimp operations, primarily in: (i) acquisition of equipment and infrastructure improvements at farms to increase productivity and sustainability; (ii) expansion of its packing plants and purchase of equipment; and (iii) upgrades to infrastructure and equipment in its laboratories. The Project will contribute to: (i) increasing Ecuador’s shrimp exports by Omarsa; (ii) improving farm productivity and sustainability through investments in equipment and infrastructure; and (iii) generating employment, among other positive impacts. The proposed transaction with Operadora y Procesadora de Productos Marinos OMARSA S.A. (“Omarsa” or the “Company”), one of Ecuador’s largest shrimp exporters, consists of a secured senior loan of up to US$50 million, with a term of up to 10 years and including a one-year grace period.The funds will support the Company’s investment plan in its shrimp operations, primarily in: (i) acquisition of equipment and infrastructure improvements at farms to increase productivity and sustainability; (ii) expansion of its packing plants and purchase of equipment; and (iii) upgrades to infrastructure and equipment in its laboratories. The Project will contribute to: (i) increasing Ecuador’s shrimp exports by Omarsa; (ii) improving farm productivity and sustainability through investments in equipment and infrastructure; and (iii) generating employment, among other positive impacts. IDB Invest OMARSA S.A. IDB Invest Veiga Perez, Matias Angel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Agribusiness 35000000 35000000 35000000 Omarsa: Agro-industrial Expansion Investments in Ecuador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15467-01 IDB Invest The operation consists of a credit facility granted to Liberty Telecomunicaciones de Costa Rica LY, S.A. (“LCR”) to finance the acquisition of 5G spectrum, the expansion of its mobile network, and the deployment of fiber-to-the-home (the “Project”). The Environmental and Social Due Diligence (“ESDD”) included a review of technical and sustainability documentation, previous supervision visits conducted by IDB Invest, and virtual meetings with LCR staff to assess the implementation of its Environmental and Social Management Systems (“ESMS”).As part of the Project’s commitment to human rights, zero tolerance for retaliation, and the promotion of a safe environment for raising concerns, the ESDD also considered the review of the company’s key policies, including its Code of Conduct, the Business Partner Code, and the Workplace Gender-Based Violence Policy. The operation consists of a credit facility granted to Liberty Telecomunicaciones de Costa Rica LY, S.A. (“LCR”) to finance the acquisition of 5G spectrum, the expansion of its mobile network, and the deployment of fiber-to-the-home (the “Project”). The Environmental and Social Due Diligence (“ESDD”) included a review of technical and sustainability documentation, previous supervision visits conducted by IDB Invest, and virtual meetings with LCR staff to assess the implementation of its Environmental and Social Management Systems (“ESMS”).As part of the Project’s commitment to human rights, zero tolerance for retaliation, and the promotion of a safe environment for raising concerns, the ESDD also considered the review of the company’s key policies, including its Code of Conduct, the Business Partner Code, and the Workplace Gender-Based Violence Policy. IDB Invest Liberty Telecomunicaciones de Costa Rica LY S.A. IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Digital Economy 100000000 100000000 100000000 Liberty Costa Rica - Mobile and Fixed Capex Financing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15466-01 IDB Invest Founded in 1999 and headquartered in Panama and Costa Rica, Corporación de Viajes Mundiales S.A., operating under the brand Namu Travel Group, has established itself as a leading travel company with a strong presence primarily in Central America.Positioning itself as a leader in the travel sector, Namu specializes in creating tailor-made programs and itineraries that offer unique and enriching experiences for its clients, who mainly come from the United States and Europe—fostering a distinctive connection with the region.The group has built close relationships with over a hundred suppliers, most of which are small boutique hotels, tour operators, and tourist transportation providers—many of them classified as Small and Medium-Sized Enterprises (SMEs).The transaction involves the provision of a working capital loan of up to US$9 million, with a term of up to 540 days, available over a period of 3.5 years, and renewable for an additional term. The objective is to channel funds to these SME suppliers through a pre-purchase program for hotel nights or tourism experiences, effectively improving the operating capital and cash availability of these service providers. Most of these Eligible Suppliers are classified as Small and Medium-Sized Enterprises (SMEs).In addition, a long-term credit line of up to US$3 million will be included, with a term of up to 3.5 years, renewable, aimed at financing investments in capital and technology that will support the growth and development of Namu Travel Group, enabling its expansion across Latin America and the Caribbean.SMEs play a vital role in the tourism industry, generating a significant share of employment in the sector. However, they face various challenges that can affect their competitiveness and financial sustainability, such as limited access to financing and capital. Through Namu’s pre-purchase program, these SMEs will gain access to advance cash flows that will allow them to strengthen their financial solvency and implement necessary operational improvements—such as facility upgrades, new equipment acquisition, and employee retention during the low season—ultimately enhancing their business resilience. Founded in 1999 and headquartered in Panama and Costa Rica, Corporación de Viajes Mundiales S.A., operating under the brand Namu Travel Group, has established itself as a leading travel company with a strong presence primarily in Central America.Positioning itself as a leader in the travel sector, Namu specializes in creating tailor-made programs and itineraries that offer unique and enriching experiences for its clients, who mainly come from the United States and Europe—fostering a distinctive connection with the region.The group has built close relationships with over a hundred suppliers, most of which are small boutique hotels, tour operators, and tourist transportation providers—many of them classified as Small and Medium-Sized Enterprises (SMEs).The transaction involves the provision of a working capital loan of up to US$9 million, with a term of up to 540 days, available over a period of 3.5 years, and renewable for an additional term. The objective is to channel funds to these SME suppliers through a pre-purchase program for hotel nights or tourism experiences, effectively improving the operating capital and cash availability of these service providers. Most of these Eligible Suppliers are classified as Small and Medium-Sized Enterprises (SMEs).In addition, a long-term credit line of up to US$3 million will be included, with a term of up to 3.5 years, renewable, aimed at financing investments in capital and technology that will support the growth and development of Namu Travel Group, enabling its expansion across Latin America and the Caribbean.SMEs play a vital role in the tourism industry, generating a significant share of employment in the sector. However, they face various challenges that can affect their competitiveness and financial sustainability, such as limited access to financing and capital. Through Namu’s pre-purchase program, these SMEs will gain access to advance cash flows that will allow them to strengthen their financial solvency and implement necessary operational improvements—such as facility upgrades, new equipment acquisition, and employee retention during the low season—ultimately enhancing their business resilience. IDB Invest Corporación de Viajes Mundiales S.A. IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Tourism 12000000 12000000 12000000 Namu Travel: Expanding sustainable travel in LATAM Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15468-01 IDB Invest The proposed senior secured financing of up to US$125 million is intended to support the development and operation of a 254-room Hilton hotel, a conference center, a social club, and 12 villas, with a total estimated project cost of US$259 million (the “Project”). The Project is situated on a waterfront site in central Georgetown. Construction is expected to commence in 2026 and to be completed in 2028, with Hilton being designated to operate the hotel. The financing structure includes an A‑loan of up to US$50 million from IDB Invest and US$75 million from co‑lenders or B‑lenders, with a tenor of up to 13 years. The Project's guarantors are Assets Real Estate Development Company W.L.L., a leading Qatar‑based real estate developer with assets exceeding US$15 billion across multiple regions, and Power International Holding W.L.L., a major Qatari conglomerate operating in construction, real estate, agriculture, lifestyle, and services. The project seeks to address the shortage of international‑standard accommodations in Guyana, support increasing corporate and tourism demand, establish a landmark destination in Georgetown, and contribute to IDB Invest’s S&I, Climate Finance, and MSME objectives. The proposed senior secured financing of up to US$125 million is intended to support the development and operation of a 254-room Hilton hotel, a conference center, a social club, and 12 villas, with a total estimated project cost of US$259 million (the “Project”). The Project is situated on a waterfront site in central Georgetown. Construction is expected to commence in 2026 and to be completed in 2028, with Hilton being designated to operate the hotel. The financing structure includes an A‑loan of up to US$50 million from IDB Invest and US$75 million from co‑lenders or B‑lenders, with a tenor of up to 13 years. The Project's guarantors are Assets Real Estate Development Company W.L.L., a leading Qatar‑based real estate developer with assets exceeding US$15 billion across multiple regions, and Power International Holding W.L.L., a major Qatari conglomerate operating in construction, real estate, agriculture, lifestyle, and services. The project seeks to address the shortage of international‑standard accommodations in Guyana, support increasing corporate and tourism demand, establish a landmark destination in Georgetown, and contribute to IDB Invest’s S&I, Climate Finance, and MSME objectives. IDB Invest Tropics Guyana Inc IDB Invest Arevalo, Daniel Jose +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guyana Guyana Tourism 75000000 75000000 75000000 Assets Group: Increasing Tourism Supply in Georgetown, Guyana Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15474-01 IDB Invest The transaction consists of a long-term financing to support the Technological Institute of Buenos Aires ("ITBA") for the construction of its new main building, which will be located in the Innovation Park, in order to house classrooms, teaching and research laboratories, and offices where all the University's facilities will be concentrated. This transaction will support ITBA to promote its model of educational excellence, focused on teacher quality, project-based learning, laboratory experience, and advanced infrastructure, allowing sustainable growth in the field of STEM professions. The transaction consists of a long-term financing to support the Technological Institute of Buenos Aires ("ITBA") for the construction of its new main building, which will be located in the Innovation Park, in order to house classrooms, teaching and research laboratories, and offices where all the University's facilities will be concentrated. This transaction will support ITBA to promote its model of educational excellence, focused on teacher quality, project-based learning, laboratory experience, and advanced infrastructure, allowing sustainable growth in the field of STEM professions. IDB Invest Instituto Tecnologico de Buenos Aires IDB Invest Valdes Florenzano, Claudia Andrea +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Social Infrastructure 32500000 32500000 32500000 ITBA: Loan for the development of its new campus in Argentina Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15482-01 IDB Invest The present operation (the “Project”) consists of a long-term financing of up to US$100 million, with a tenor of up to 8 years, including a 2-year grace period, for Exportadora de Postes GDL, S.A. de C.V., a Mexican company dedicated to the manufacturing of steel poles and hardware for the electrical industry. The loan will be used to cover capital expenditures related to the construction of a new service center, as well as the acquisition and installation of machinery and equipment, with the aim of increasing the company’s production capacity. The present operation (the “Project”) consists of a long-term financing of up to US$100 million, with a tenor of up to 8 years, including a 2-year grace period, for Exportadora de Postes GDL, S.A. de C.V., a Mexican company dedicated to the manufacturing of steel poles and hardware for the electrical industry. The loan will be used to cover capital expenditures related to the construction of a new service center, as well as the acquisition and installation of machinery and equipment, with the aim of increasing the company’s production capacity. IDB Invest Exportadora de Postes GDL SA de CV IDB Invest Fernandez Fernandez, Martha +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 50000000 50000000 50000000 POLESA - Increasing production capacity of power transmission poles in Mexico Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15484-01 IDB Invest The transaction consists of a loan of up to US$100 million to support ICE’s digitalization and infrastructure modernization efforts focused on the replacement of conventional meters and the increase of the renewable energy generation capacity. This transaction is expected to deliver a significant development impact, supporting Costa Rica’s sustainability goals through the improvement of energy efficiency, expansion of the renewable energy program, and technological modernization of the electric grid. The transaction consists of a loan of up to US$100 million to support ICE’s digitalization and infrastructure modernization efforts focused on the replacement of conventional meters and the increase of the renewable energy generation capacity. This transaction is expected to deliver a significant development impact, supporting Costa Rica’s sustainability goals through the improvement of energy efficiency, expansion of the renewable energy program, and technological modernization of the electric grid. IDB Invest Instituto Costarricense de Electricidad IDB Invest Ortiz Madrigal, Gustavo Adolfo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Energy 79000000 79000000 79000000 ICE Investment Program – Smart Metering and Renewable Energy Projects - Costa Rica Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15488-01 IDB Invest The transaction involves an unsecured senior loan of up to US$165 million to Banco Industrial, S.A. (“Industrial GT”, “Banco Industrial” or the “Bank”), with a term of up to four years and a one-year grace period. The financing includes: (i) a committed senior loan of up to US$80 million (Tranche I); (ii) an uncommitted senior loan of up to US$30 million (Tranche II); (iii) a blended finance component of up to US$20 million managed by IDB Invest acting as agent of the IDB in its capacity as administrator/trustee of the Sustainable Infrastructure Program (“SIP”) and Clean Technology Funds (the “BF Loan”); and (iv) a B Loan of approximately US$35 million from other participants. The project aims to support the Bank’s sustainable portfolio focused on Micro, Small, and Medium-Sized Enterprises (“MSMEs”), women-owned MSMEs, and sustainable finance. Additionally, the transaction will be complemented by technical assistance targeting these segments. The transaction involves an unsecured senior loan of up to US$165 million to Banco Industrial, S.A. (“Industrial GT”, “Banco Industrial” or the “Bank”), with a term of up to four years and a one-year grace period. The financing includes: (i) a committed senior loan of up to US$80 million (Tranche I); (ii) an uncommitted senior loan of up to US$30 million (Tranche II); (iii) a blended finance component of up to US$20 million managed by IDB Invest acting as agent of the IDB in its capacity as administrator/trustee of the Sustainable Infrastructure Program (“SIP”) and Clean Technology Funds (the “BF Loan”); and (iv) a B Loan of approximately US$35 million from other participants. The project aims to support the Bank’s sustainable portfolio focused on Micro, Small, and Medium-Sized Enterprises (“MSMEs”), women-owned MSMEs, and sustainable finance. Additionally, the transaction will be complemented by technical assistance targeting these segments. IDB Invest Banco Industrial, S.A. IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Financial Institutions 110000000 110000000 110000000 Banco Industrial GT: Senior Sustainable Loan to Boost Productive Portfolio in Guatemala Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15493-01 IDB Invest Hadco Holdings Limited, a diversified Caribbean conglomerate incorporated in Trinidad & Tobago, and its wholly owned subsidiary Hadco Limited, operate across various sectors including retail, distribution, food and beverage, electrical and lighting, logistics, and services. The Companies are seeking financing structured as follows: (i) a committed tranche to support imports and the purchase of goods primarily within the Food & Beverage and Electrical & Lighting segments of the Distribution Division; and (ii) an uncommitted tranche to finance future capital expenditures as well as additional imports and purchases of goods (together, the “Project”). The Project’s main objectives include (i) Climate Mitigation: the financing will support the importation of products that contribute to carbon emission reductions; (ii) Regional Integration: a portion of Hadco’s imports originate from intraregional trade partners within Latin America and the Caribbean, enhancing regional trade ties; (iii) Food Security: Hadco imports essential food items—including rice, meat, milk, and pasta—which play a key role in ensuring food availability in the region, and (iv) Sustainability: the Project will help strengthen Hadco’s environmental and social standards, as well as enhance the company’s overall sustainability strategy. Hadco Holdings Limited, a diversified Caribbean conglomerate incorporated in Trinidad & Tobago, and its wholly owned subsidiary Hadco Limited, operate across various sectors including retail, distribution, food and beverage, electrical and lighting, logistics, and services. The Companies are seeking financing structured as follows: (i) a committed tranche to support imports and the purchase of goods primarily within the Food & Beverage and Electrical & Lighting segments of the Distribution Division; and (ii) an uncommitted tranche to finance future capital expenditures as well as additional imports and purchases of goods (together, the “Project”). The Project’s main objectives include (i) Climate Mitigation: the financing will support the importation of products that contribute to carbon emission reductions; (ii) Regional Integration: a portion of Hadco’s imports originate from intraregional trade partners within Latin America and the Caribbean, enhancing regional trade ties; (iii) Food Security: Hadco imports essential food items—including rice, meat, milk, and pasta—which play a key role in ensuring food availability in the region, and (iv) Sustainability: the Project will help strengthen Hadco’s environmental and social standards, as well as enhance the company’s overall sustainability strategy. IDB Invest Hadco Limited and Hadco Holdings Limited IDB Invest Briceno, Beatriz +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Trinidad and Tobago Trinidad and Tobago Manufacturing 10000000 10000000 10000000 Hadco - Trade Finance for Sustainable Supply Chains Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15494-01 IDB Invest The proposed transaction consists of a revolving receivables purchase facility of up to US$50 million, through which Nokia Corporation will sell, under a non-recourse portfolio assignment scheme, credit rights arising from the delivery of digital solutions and services to corporate clients, subject to IDB Invest approvals.Debtors will be notified of the assignment, and IDB Invest will directly receive the corresponding payments. The facility will not only provide flexible working capital to support Nokia's commercial expansion in key markets in the region, including Mexico, but will also facilitate a better value proposition in its commercial management vis-à-vis other unreliable technology suppliers.The transaction also seeks to promote access to structured financing for technology suppliers in Latin America and the Caribbean. The proposed transaction consists of a revolving receivables purchase facility of up to US$50 million, through which Nokia Corporation will sell, under a non-recourse portfolio assignment scheme, credit rights arising from the delivery of digital solutions and services to corporate clients, subject to IDB Invest approvals.Debtors will be notified of the assignment, and IDB Invest will directly receive the corresponding payments. The facility will not only provide flexible working capital to support Nokia's commercial expansion in key markets in the region, including Mexico, but will also facilitate a better value proposition in its commercial management vis-à-vis other unreliable technology suppliers.The transaction also seeks to promote access to structured financing for technology suppliers in Latin America and the Caribbean. IDB Invest Nokia Corporation IDB Invest Baltazar Vazquez, Lucia Adriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Digital Economy 50000000 50000000 50000000 Nokia Trusted Vendor Facility (Nokia Master Receivable Purchase Vendor Facility) Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15499-01 IDB Invest The project consists of providing a revolving loan of US$5 million, with a 60-month term, to Zona Franca La Lima (ZFLL), the only industrial park operating under the Free Trade Zone Regime in the province of Cartago, Costa Rica. The structure offers a longer tenor than local revolving credit lines and provides flexibility in the use of funds, which will be allocated to the purchase of land, the development of shared services areas in multi-tenant buildings, and the development of common areas to complete the infrastructure of the lots and properties to be built. Strategically located in Cartago, ZFLL has more than 257,000 m² of developed space and hosts leading companies in advanced manufacturing, medical devices, and services. The main objective of the financing is to support the expansion and modernization of the park, leveraging the projected growth in job creation and attraction of foreign direct investment, under principles of sustainability, operational efficiency, and inclusion. The project consists of providing a revolving loan of US$5 million, with a 60-month term, to Zona Franca La Lima (ZFLL), the only industrial park operating under the Free Trade Zone Regime in the province of Cartago, Costa Rica. The structure offers a longer tenor than local revolving credit lines and provides flexibility in the use of funds, which will be allocated to the purchase of land, the development of shared services areas in multi-tenant buildings, and the development of common areas to complete the infrastructure of the lots and properties to be built. Strategically located in Cartago, ZFLL has more than 257,000 m² of developed space and hosts leading companies in advanced manufacturing, medical devices, and services. The main objective of the financing is to support the expansion and modernization of the park, leveraging the projected growth in job creation and attraction of foreign direct investment, under principles of sustainability, operational efficiency, and inclusion. IDB Invest Zona Franca La Lima S.R.L IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Manufacturing 5000000 5000000 5000000 La Lima Industrial Park Growth Facility Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15500-01 IDB Invest The main objective of the Project is to support the construction of the Howard I and Sabanitas II Water Treatment Plants in the districts of Arraiján and Colón, Panama, and to provide Acciona and the Consortium with the financial flexibility needed to complete execution within the planned timeline, while ensuring operational continuity and minimizing the likelihood of any financial setbacks.The implementation of this Project aims to improve deficiencies in the drinking water service provided to the population of Panama, particularly in the districts of Arraiján and Colón, and to expand its coverage in the areas impacted by the initiative The main objective of the Project is to support the construction of the Howard I and Sabanitas II Water Treatment Plants in the districts of Arraiján and Colón, Panama, and to provide Acciona and the Consortium with the financial flexibility needed to complete execution within the planned timeline, while ensuring operational continuity and minimizing the likelihood of any financial setbacks.The implementation of this Project aims to improve deficiencies in the drinking water service provided to the population of Panama, particularly in the districts of Arraiján and Colón, and to expand its coverage in the areas impacted by the initiative IDB Invest Acciona Construcción S.A. | Acciona Agua S.A. IDB Invest Castillo Montouto, Dario Antonio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Water and Sanitation 50000000 50000000 50000000 Water Treatment Plants Facility Arraijan & Sabanitas Panamá Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15502-01 IDB Invest The project consists of a senior secured loan of up to US$150 million to Plaza Logística S.R.L., a company incorporated under the laws of Argentina. Plaza Logística is a leading developer and operator of logistics infrastructure in Argentina. The company specializes in the design, construction, and management of Class A logistics parks, strategically located to support efficient supply chains throughout the country, with a strong focus on e-commerce and last-mile delivery. Its facilities are built to international standards, incorporating sustainable building certifications and cutting-edge technology to optimize operations and reduce environmental impact. The loan proceeds will be used to acquire land, build new logistics parks, expand and modernize existing storage facilities, and reimburse capital investments related to ongoing warehouse developments in the Greater Buenos Aires region. The project consists of a senior secured loan of up to US$150 million to Plaza Logística S.R.L., a company incorporated under the laws of Argentina. Plaza Logística is a leading developer and operator of logistics infrastructure in Argentina. The company specializes in the design, construction, and management of Class A logistics parks, strategically located to support efficient supply chains throughout the country, with a strong focus on e-commerce and last-mile delivery. Its facilities are built to international standards, incorporating sustainable building certifications and cutting-edge technology to optimize operations and reduce environmental impact. The loan proceeds will be used to acquire land, build new logistics parks, expand and modernize existing storage facilities, and reimburse capital investments related to ongoing warehouse developments in the Greater Buenos Aires region. IDB Invest PLAZA LOGISTICA SRL IDB Invest Beretta Tassano, Patricio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Manufacturing 50000000 50000000 50000000 Plaza Logistica: Advancing Argentina’s Logistics Infrastructure Development Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15505-01 IDB Invest The project consists of supporting Banco de Bogotá with a senior debt facility of up to US$150 million, structured as follows: (i) Committed Tranche I Loan, of up to US$40 million, to be financed by IDB Invest, aimed at promoting the financing of Micro, Small, and Medium-Sized Enterprises (“MSMEs”) and projects with an Environmental and Social (“E&S”) emphasis; (ii) Committed Tranche II Loan, of up to US$10 million, to finance competitive transformation projects; and (iii) Uncommitted A Loan, up to US$20 million, to promote financing for MSMEs and projects with an E&S emphasis. Additionally, the A Loan will be complemented by a loan of approximately US$80 million to be financed by other investors. The tenor of each loan will be up to three years from disbursement, with principal repayment at maturity. The project consists of supporting Banco de Bogotá with a senior debt facility of up to US$150 million, structured as follows: (i) Committed Tranche I Loan, of up to US$40 million, to be financed by IDB Invest, aimed at promoting the financing of Micro, Small, and Medium-Sized Enterprises (“MSMEs”) and projects with an Environmental and Social (“E&S”) emphasis; (ii) Committed Tranche II Loan, of up to US$10 million, to finance competitive transformation projects; and (iii) Uncommitted A Loan, up to US$20 million, to promote financing for MSMEs and projects with an E&S emphasis. Additionally, the A Loan will be complemented by a loan of approximately US$80 million to be financed by other investors. The tenor of each loan will be up to three years from disbursement, with principal repayment at maturity. IDB Invest BANCO DE BOGOTA S.A. IDB Invest Vera Rodulfo, Ana Beatriz del Carmen +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 70000000 70000000 70000000 Banco de Bogotá: Loan to Support MSMEs and Projects with an Environmental and Social Emphasis in Colombia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15512-01 IDB Invest The proposed transaction consists of the subscription of a Senior Sustainability Linked Bond (“SLB”) issuance, issued by Banco Davivienda S.A. (“Davivienda Colombia”), denominated in Colombian Pesos (“COP”) for an amount equivalent of up to US$150 million (the “Issuance”), structured as follows: (i) a COP-denominated amount equivalent of up to US$75 million to be subscribed by IDB Invest; and (ii) a COP-denominated amount equivalent of up to US$75 million to be subscribed by other investors. The Issuance will have a tenor of up to five years with bullet payment. The Issuance will follow the use of proceeds framework aligned with the Sustainability Linked Bond Principles established by the International Capital Market Association (“ICMA”). The proposed transaction consists of the subscription of a Senior Sustainability Linked Bond (“SLB”) issuance, issued by Banco Davivienda S.A. (“Davivienda Colombia”), denominated in Colombian Pesos (“COP”) for an amount equivalent of up to US$150 million (the “Issuance”), structured as follows: (i) a COP-denominated amount equivalent of up to US$75 million to be subscribed by IDB Invest; and (ii) a COP-denominated amount equivalent of up to US$75 million to be subscribed by other investors. The Issuance will have a tenor of up to five years with bullet payment. The Issuance will follow the use of proceeds framework aligned with the Sustainability Linked Bond Principles established by the International Capital Market Association (“ICMA”). IDB Invest BANCO DAVIVIENDA S.A. IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 79898800 79898800 79898800 Davivienda SLB Bond to Strengthen the Bank's Sustainable Business Strategy in Colombia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15511-01 IDB Invest The Project consists of a US$5 million loan to support Jala University as a provider of high-quality digital skills education in Latin America. The financing will enable the University to implement its programs, strengthen institutional capacity, and invest in digital platforms and student support services, aiming to expand access to technical education and improve employability outcomes across the region. The Project consists of a US$5 million loan to support Jala University as a provider of high-quality digital skills education in Latin America. The financing will enable the University to implement its programs, strengthen institutional capacity, and invest in digital platforms and student support services, aiming to expand access to technical education and improve employability outcomes across the region. IDB Invest Jala University and Jala Global Limited IDB Invest Gonzales Hualcuna, Rony +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Social Infrastructure 4700000 4700000 4700000 Jala Global: Loan to Develop Tech-Sector Human Capital for Low-Income Latin American Youth Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15524-01 IDB Invest IDB Invest intends to act as lead investor in a senior notes issuance of up to US$500 million (indexed to COP), with an 8-year tenor, to be issued in the international capital markets by Millicom International Cellular (“MICSA”, the “Company” or the “Issuer”) through a private placement.IDB Invest plans to invest up to US$50 million and expects to bring in co-investors to cover the remaining amount.The proceeds from the bond issuance will be used to: (i) support the deployment of 4G, 4.5G, and 5G mobile networks, as well as broadband infrastructure; (ii) finance working capital needs; (iii) drive the growth of Millicom’s business-to-business (B2B) segment; and (iv) for general corporate purposes in Bolivia, Colombia, El Salvador, Guatemala, Honduras, Panama, or Paraguay, in each case in compliance with Applicable Law and subject to the Excluded Activities List (collectively, (i), (ii), (iii), and (iv), the “Project”). IDB Invest intends to act as lead investor in a senior notes issuance of up to US$500 million (indexed to COP), with an 8-year tenor, to be issued in the international capital markets by Millicom International Cellular (“MICSA”, the “Company” or the “Issuer”) through a private placement.IDB Invest plans to invest up to US$50 million and expects to bring in co-investors to cover the remaining amount.The proceeds from the bond issuance will be used to: (i) support the deployment of 4G, 4.5G, and 5G mobile networks, as well as broadband infrastructure; (ii) finance working capital needs; (iii) drive the growth of Millicom’s business-to-business (B2B) segment; and (iv) for general corporate purposes in Bolivia, Colombia, El Salvador, Guatemala, Honduras, Panama, or Paraguay, in each case in compliance with Applicable Law and subject to the Excluded Activities List (collectively, (i), (ii), (iii), and (iv), the “Project”). IDB Invest Millicom International Cellular S.A. (MICSA) IDB Invest Vera Fabbri, Pablo Marcelo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Digital Economy 50000000 50000000 50000000 Millicom International Cellular S.A. COP-US link Bond 4 (a) 2 Private Placement Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15528-01 IDB Invest The proposed financing for Telefónica Celular Paraguay S.A.E. consists of a bond issuance in Paraguay by Telefónica Celular Paraguay S.A.E., for a total amount equivalent in Paraguayan guaraníes (PYG) of up to US$100,000,000. The bonds will be issued simultaneously in two (2) series: Series 1: to be subscribed by IDB Invest, for a total amount equivalent in guaraníes (PYG) of up to US$50,000,000; andSeries 2: to be subscribed by other local investors, for a total amount equivalent in guaraníes (PYG) of at least US$5,000,000 and up to US$50,000,000. Through this financing, we will support the Company in its strategy to replace part of its current U.S. dollar-denominated debt with long-term financing in local currency, aiming not only to reduce its exposure to exchange rate risk but also to execute its annual investment program, modernize its mobile and fixed network. This transaction will also help the Company deepen its access to the local capital market by expanding and diversifying its base of local currency investors. The proposed financing for Telefónica Celular Paraguay S.A.E. consists of a bond issuance in Paraguay by Telefónica Celular Paraguay S.A.E., for a total amount equivalent in Paraguayan guaraníes (PYG) of up to US$100,000,000. The bonds will be issued simultaneously in two (2) series: Series 1: to be subscribed by IDB Invest, for a total amount equivalent in guaraníes (PYG) of up to US$50,000,000; andSeries 2: to be subscribed by other local investors, for a total amount equivalent in guaraníes (PYG) of at least US$5,000,000 and up to US$50,000,000. Through this financing, we will support the Company in its strategy to replace part of its current U.S. dollar-denominated debt with long-term financing in local currency, aiming not only to reduce its exposure to exchange rate risk but also to execute its annual investment program, modernize its mobile and fixed network. This transaction will also help the Company deepen its access to the local capital market by expanding and diversifying its base of local currency investors. IDB Invest Telefónica Celular Paraguay S.A.E. IDB Invest Beretta Tassano, Patricio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Digital Economy 50000000 50000000 50000000 Tigo Paraguay Network Connectivity Local Bond Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15550-01 IDB Invest The project consists of IDB Invest’s subscription to an Asset-Backed Securities (“ABS”) program backed by payroll-deducted loan receivables originated by Kredit Plus S.A.S. (“Kredit Plus”). The securities will be issued through a public offering in Colombia’s Second Market (Segundo Mercado) for a total amount of up to the Colombian Peso (“COP”) equivalent of US$60 million, structured in two issuances as follows: (i) a committed tranche I for an amount of up to the COP equivalent of US$15 million; (ii) an uncommitted tranche II for an amount of up to the COP equivalent of US$15 million, tranches I and II will be subscribed by IDB Invest as anchor investor; and (iii) up to the COP equivalent of US$15 million in each issuance will be subscribed by Kredit Plus and other investors, for a total of up to the COP equivalent of US$30 million. The proceeds of the securitization will be used to support the origination of loans for senior citizens population in Colombia. The project consists of IDB Invest’s subscription to an Asset-Backed Securities (“ABS”) program backed by payroll-deducted loan receivables originated by Kredit Plus S.A.S. (“Kredit Plus”). The securities will be issued through a public offering in Colombia’s Second Market (Segundo Mercado) for a total amount of up to the Colombian Peso (“COP”) equivalent of US$60 million, structured in two issuances as follows: (i) a committed tranche I for an amount of up to the COP equivalent of US$15 million; (ii) an uncommitted tranche II for an amount of up to the COP equivalent of US$15 million, tranches I and II will be subscribed by IDB Invest as anchor investor; and (iii) up to the COP equivalent of US$15 million in each issuance will be subscribed by Kredit Plus and other investors, for a total of up to the COP equivalent of US$30 million. The proceeds of the securitization will be used to support the origination of loans for senior citizens population in Colombia. IDB Invest KREDIT PLUS SA IDB Invest Vera Rodulfo, Ana Beatriz del Carmen +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 27970800 27970800 27970800 Kredit: Securitization to Support Senior Citizens in Colombia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15559-01 IDB Invest The proposed transaction consists of IDB Invest’s participation as an anchor investor in a thematic securitization of up to MXN$1 billion issued by a trust established in Mexico. The issuance is structured as a securities certificate, backed by a loan portfolio originated by the Unión de Crédito para la Contaduría Pública (Public Accounting Credit Union) S.A. de C.V. (“UniCCo” or the “Program Participant”) with IDB Invest subscribing to up to MXN$600 million, while the remaining MXN$400 million is anticipated to be acquired by other institutional investors. The funds raised will be allocated to augment the financing offered by UniCCo in the form of subloans directed towards its social portfolio (Small and Medium-Sized Enterprises or “SMEs”), green portfolio, and social portfolio with a gender perspective. Additionally, through technical advisory services, IDB Invest will help UniCCo establish the foundations, key products, and requisite actions to position it, in the near future, as a preeminent institution in the sustainable financing sector, focusing primarily on women-led SMEs and green credit. The issuance to be signed by IDB Invest will have the following characteristics: (i) it will consist of senior bonds denominated in Mexican Pesos (“MXN$”); (ii) it will have a term of up to five years, including a revolving period of up to two years; (iii) it will be thematic and labeled as a sustainable bond; and (iv) it will be aligned with the International Capital Market Association (“ICMA”). The funds derived from the issuance will enable UniCCo to originate new green loans and loans to SMEs in Mexico, particularly those led by women. The proposed transaction consists of IDB Invest’s participation as an anchor investor in a thematic securitization of up to MXN$1 billion issued by a trust established in Mexico. The issuance is structured as a securities certificate, backed by a loan portfolio originated by the Unión de Crédito para la Contaduría Pública (Public Accounting Credit Union) S.A. de C.V. (“UniCCo” or the “Program Participant”) with IDB Invest subscribing to up to MXN$600 million, while the remaining MXN$400 million is anticipated to be acquired by other institutional investors. The funds raised will be allocated to augment the financing offered by UniCCo in the form of subloans directed towards its social portfolio (Small and Medium-Sized Enterprises or “SMEs”), green portfolio, and social portfolio with a gender perspective. Additionally, through technical advisory services, IDB Invest will help UniCCo establish the foundations, key products, and requisite actions to position it, in the near future, as a preeminent institution in the sustainable financing sector, focusing primarily on women-led SMEs and green credit. The issuance to be signed by IDB Invest will have the following characteristics: (i) it will consist of senior bonds denominated in Mexican Pesos (“MXN$”); (ii) it will have a term of up to five years, including a revolving period of up to two years; (iii) it will be thematic and labeled as a sustainable bond; and (iv) it will be aligned with the International Capital Market Association (“ICMA”). The funds derived from the issuance will enable UniCCo to originate new green loans and loans to SMEs in Mexico, particularly those led by women. IDB Invest Union de Crédito para la Contaduría Pública S.A. de C.V. IDB Invest Simon Mugica, Armando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 34850700 34850700 34850700 UniCCo: Pioneer Sustainable Issuance in Mexico Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15562-01 IDB Invest The project involves a potential public issuance of sustainable bonds in El Salvador by Banco Agrícola, S.A. (hereinafter “Banco Agrícola” or the “Bank”) amounting to US$200 million. The funds obtained from the placement of each tranche will be invested by the Bank for financing short, medium, and long-term credit operations, as indicated in the Sustainable Framework of the BSOBA1 issuance prospectus. Each tranche will specify the fund usage category for which it is issued, which may be structured with blue usage and destination. Please note that all issues must be authorized by the Superintendency of the Financial System and registered on a stock exchange in El Salvador. The first issuance under the program is expected to have a blue focus and may be subscribed as follows: (i) IDB Invest may subscribe up to a total of US$15 million; and (ii) in conjunction with local and international co-investors, it may subscribe a total of up to US$25 million. The resources will be allocated to expand the Bank’s blue-focused investments, and the use of funds will allow the issuance to be labeled as blue, in accordance with the International Capital Market Association (“ICMA”) Thematic Bond Principles. The project was accompanied by a Technical Advisory (“TA”) to support the Bank in its preparation for a future thematic issuance, including the identification and segmentation of the blue portfolio, the development of the sustainable framework, and the acquisition of Second Party Opinions (“SPOs”). The project involves a potential public issuance of sustainable bonds in El Salvador by Banco Agrícola, S.A. (hereinafter “Banco Agrícola” or the “Bank”) amounting to US$200 million. The funds obtained from the placement of each tranche will be invested by the Bank for financing short, medium, and long-term credit operations, as indicated in the Sustainable Framework of the BSOBA1 issuance prospectus. Each tranche will specify the fund usage category for which it is issued, which may be structured with blue usage and destination. Please note that all issues must be authorized by the Superintendency of the Financial System and registered on a stock exchange in El Salvador. The first issuance under the program is expected to have a blue focus and may be subscribed as follows: (i) IDB Invest may subscribe up to a total of US$15 million; and (ii) in conjunction with local and international co-investors, it may subscribe a total of up to US$25 million. The resources will be allocated to expand the Bank’s blue-focused investments, and the use of funds will allow the issuance to be labeled as blue, in accordance with the International Capital Market Association (“ICMA”) Thematic Bond Principles. The project was accompanied by a Technical Advisory (“TA”) to support the Bank in its preparation for a future thematic issuance, including the identification and segmentation of the blue portfolio, the development of the sustainable framework, and the acquisition of Second Party Opinions (“SPOs”). IDB Invest Banco Agricola, S.A. IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions 10000000 10000000 10000000 Banco Agrícola: Leading the Way with the First Blue Bond Issuance in El Salvador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15566-01 IDB Invest Trinidad Tissues Limited (“TTL” or the “Company”) is one of the leading paper manufacturers in the English-speaking Caribbean, with well-recognized brands and a distribution network spanning Trinidad & Tobago, CARICOM, the Dutch Antilles, Puerto Rico, the Dominican Republic, and other regional markets. TTL is seeking financing of up to US$30 million, structured as follows: (i) a committed tranche of up to US$20 million to support its 2026–2027 capital expenditure program, refinance existing debt, and cover working capital needs; and (ii) an uncommitted tranche of up to US$10 million to finance additional capital expenditures, including the construction of a distribution center, as well as working capital requirements (together, the “Project”). The Project’s main objectives include (i) operational efficiency and competitiveness: capital investments will enable TTL to maintain high standards of safety and efficiency, expand production capacity, achieve economies of scale, and strengthen its position in the Caribbean market with higher-value products; (ii) promote regional Integration: By increasing production, TTL will expand the availability of high-value-added products across the Caribbean; (iii) support industrial development in Trinidad and Tobago: The Project aligns with the country’s industrial diversification agenda by fostering private-sector investment in manufacturing and creating demonstration effects for other companies in the sector; and (iv) advance sustainability: The Project will strengthen TTL’s environmental and social standards and reinforce the company’s long-term sustainability strategy. Trinidad Tissues Limited (“TTL” or the “Company”) is one of the leading paper manufacturers in the English-speaking Caribbean, with well-recognized brands and a distribution network spanning Trinidad & Tobago, CARICOM, the Dutch Antilles, Puerto Rico, the Dominican Republic, and other regional markets. TTL is seeking financing of up to US$30 million, structured as follows: (i) a committed tranche of up to US$20 million to support its 2026–2027 capital expenditure program, refinance existing debt, and cover working capital needs; and (ii) an uncommitted tranche of up to US$10 million to finance additional capital expenditures, including the construction of a distribution center, as well as working capital requirements (together, the “Project”). The Project’s main objectives include (i) operational efficiency and competitiveness: capital investments will enable TTL to maintain high standards of safety and efficiency, expand production capacity, achieve economies of scale, and strengthen its position in the Caribbean market with higher-value products; (ii) promote regional Integration: By increasing production, TTL will expand the availability of high-value-added products across the Caribbean; (iii) support industrial development in Trinidad and Tobago: The Project aligns with the country’s industrial diversification agenda by fostering private-sector investment in manufacturing and creating demonstration effects for other companies in the sector; and (iv) advance sustainability: The Project will strengthen TTL’s environmental and social standards and reinforce the company’s long-term sustainability strategy. IDB Invest Trinidad Tissues Limited IDB Invest Bazan, Paola +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Trinidad and Tobago Trinidad and Tobago Manufacturing 30000000 30000000 30000000 Trinidad Tissues Limited: Advancing Growth Through Infrastructure and Distribution Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15565-01 IDB Invest Los Portales S.A. (“Los Portales”) is one of Peru’s leading companies in urban development and social housing. With a long track record in the sector, the company has established itself as a key player in reducing the housing deficit in the country, especially in middle- and low-income segments. This transaction marks Los Portales’ third collaboration with IDB Invest, which includes the issuance of a social bond in 2022. The new project involves financing of up to the equivalent of US$50 million in Peruvian soles (PEN), structured in three tranches, two of which are directed to its subsidiary Los Portales Departamentos S.A.C. Tranche I consists of a Committed Working Capital Line of up to the equivalent of US$20 million in PEN, intended for land acquisition and development of apartment projects with green certification, focused on middle-income socioeconomic segments (B and C). Tranche II is a Committed Senior Loan of up to the equivalent of US$20 million in PEN for urban development and construction of social housing, primarily targeting middle- and low-income segments (C, D, and E). Finally, Tranche III is an Uncommitted Working Capital Line of up to the equivalent of US$10 million in PEN, with a similar use to Tranche I. This financing reinforces Los Portales’ commitment to sustainable and affordable housing access in Peru, contributing to improved quality of life for thousands of families. Los Portales S.A. (“Los Portales”) is one of Peru’s leading companies in urban development and social housing. With a long track record in the sector, the company has established itself as a key player in reducing the housing deficit in the country, especially in middle- and low-income segments. This transaction marks Los Portales’ third collaboration with IDB Invest, which includes the issuance of a social bond in 2022. The new project involves financing of up to the equivalent of US$50 million in Peruvian soles (PEN), structured in three tranches, two of which are directed to its subsidiary Los Portales Departamentos S.A.C. Tranche I consists of a Committed Working Capital Line of up to the equivalent of US$20 million in PEN, intended for land acquisition and development of apartment projects with green certification, focused on middle-income socioeconomic segments (B and C). Tranche II is a Committed Senior Loan of up to the equivalent of US$20 million in PEN for urban development and construction of social housing, primarily targeting middle- and low-income segments (C, D, and E). Finally, Tranche III is an Uncommitted Working Capital Line of up to the equivalent of US$10 million in PEN, with a similar use to Tranche I. This financing reinforces Los Portales’ commitment to sustainable and affordable housing access in Peru, contributing to improved quality of life for thousands of families. IDB Invest Los Portales S.A. IDB Invest Pun, Zoila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Manufacturing 50000000 50000000 50000000 Los Portales: Promoting Sustainable Social Housing in Peru Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15568-01 IDB Invest Finabank is one of the systemically important financial institutions in Suriname. IDB Invest is exploring a potential equity investment in Finabank for up to US$20 million. The main purpose of the equity investment will be to strengthening Finabank’s capital base to further support the sustainable growth of the Bank’s lending portfolio in two areas: (i) Small and Medium-Sized Enterprises (“SMEs”) lending (increase access to finance for SMEs in Suriname); and (ii) allow Finabank to provide larger loans to their corporate segment in line with expected growth of the economy from 2028. Finabank is one of the systemically important financial institutions in Suriname. IDB Invest is exploring a potential equity investment in Finabank for up to US$20 million. The main purpose of the equity investment will be to strengthening Finabank’s capital base to further support the sustainable growth of the Bank’s lending portfolio in two areas: (i) Small and Medium-Sized Enterprises (“SMEs”) lending (increase access to finance for SMEs in Suriname); and (ii) allow Finabank to provide larger loans to their corporate segment in line with expected growth of the economy from 2028. IDB Invest FINABANK N.V. IDB Invest Ghisiawan, Nawien Avinash Vishal +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Suriname Suriname Investment Funds 15000000 15000000 15000000 Finabank Equity Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15576-01 IDB Invest The project involves financing of up to US$15 million for AGE Capital, S.A., a Costa Rican company specializing in financial and operational leasing, with an initial committed line of US$10 million and an uncommitted line of up to US$5 million. The operation aims to expand access to leasing solutions for micro, small, and medium-sized enterprises (MSMEs), as well as independent professionals, with a primary focus on women and on predominantly rural, coastal, and extended urban areas where financial inclusion gaps are wider. The funds will enable financing in compliance with the regulations applicable to local issuance standards, promoting sustainability, productivity, and economic development in traditionally underserved communities. The project involves financing of up to US$15 million for AGE Capital, S.A., a Costa Rican company specializing in financial and operational leasing, with an initial committed line of US$10 million and an uncommitted line of up to US$5 million. The operation aims to expand access to leasing solutions for micro, small, and medium-sized enterprises (MSMEs), as well as independent professionals, with a primary focus on women and on predominantly rural, coastal, and extended urban areas where financial inclusion gaps are wider. The funds will enable financing in compliance with the regulations applicable to local issuance standards, promoting sustainability, productivity, and economic development in traditionally underserved communities. IDB Invest AGE CAPITAL, S.A. IDB Invest Alvarado Blando, Gloriana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Manufacturing 15000000 15000000 15000000 Age Capital: Financing to empower MSMEs and women in rural and extended urban areas. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15579-01 IDB Invest The proposed financing involves a senior loan to Consorcio Transmataro S.A. to support the construction of the following three transmission lines and associated substations in Peru: (i) San Jose – Yarabamba 500 kV (Arequipa) (ii) Piura Nueva – Colan 220 kV (Piura) (iii) Belaunde Terry – Tarapoto Norte 220 kV (San Martin)The project's development objective is to ensure the current and future reliability of the national electricity system. The proposed financing involves a senior loan to Consorcio Transmataro S.A. to support the construction of the following three transmission lines and associated substations in Peru: (i) San Jose – Yarabamba 500 kV (Arequipa) (ii) Piura Nueva – Colan 220 kV (Piura) (iii) Belaunde Terry – Tarapoto Norte 220 kV (San Martin)The project's development objective is to ensure the current and future reliability of the national electricity system. IDB Invest Consorcio Transmantaro S.A. IDB Invest Triana Correa, Maria Paula +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Energy 76200000 76200000 76200000 ISA CTM: Financing Critical Transmission Lines in Peru Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15592-01 IDB Invest IDB Invest is considering granting a secured senior loan with multiple borrowers of up to US$30 million to Torrecom and its operating subsidiaries in Latin America. The proposed financing will be used to (i) fund growth CAPEX and associated costs for 2026–2028 in El Salvador, Mexico, Guatemala, Panama, Colombia, Peru, Chile, Paraguay, and Ecuador, and (ii) refinance part of its existing debt.The objective of the proposed financing is to reduce the digital divide in the mobile telecommunications infrastructure space by supporting a shared infrastructure operator serving multiple carriers. Founded in 2010, Torrecom is one of the leading independent tower companies in Latin America, with a portfolio of more than 1,500 telecommunications towers operating across 10 countries. IDB Invest is considering granting a secured senior loan with multiple borrowers of up to US$30 million to Torrecom and its operating subsidiaries in Latin America. The proposed financing will be used to (i) fund growth CAPEX and associated costs for 2026–2028 in El Salvador, Mexico, Guatemala, Panama, Colombia, Peru, Chile, Paraguay, and Ecuador, and (ii) refinance part of its existing debt.The objective of the proposed financing is to reduce the digital divide in the mobile telecommunications infrastructure space by supporting a shared infrastructure operator serving multiple carriers. Founded in 2010, Torrecom is one of the leading independent tower companies in Latin America, with a portfolio of more than 1,500 telecommunications towers operating across 10 countries. IDB Invest TORRECOM PARTNERS L.P. IDB Invest Caicedo Toro, Andres Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Digital Economy 30000000 30000000 30000000 Torrecom - New Regional Facility Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15589-01 IDB Invest The Ministry of Public Works and Communications of Paraguay (MOPC) has signed an addendum to the PY02 Highway concession agreement with the Special Purpose Vehicle Rutas del Este, made up of Sacyr Concesiones (60%) and Ocho A (40%). Through this addendum, the highway will be expanded to improve connectivity between the capital, Asunción, and other parts of the country, enhance safety, and promote regional development. The project consists of a structuring road network, which includes key works such as the Ypacaraí–Areguá bypasses and a 3.6-kilometer elevated urban expressway with two carriageways and four lanes, connecting Ñu Guasú and Silvio Pettirossi avenues. It also includes two new connections to Route PY02 that are essential for improving connectivity. The first connection begins at kilometer 41 of Route PY02, enhancing accessibility via Ypacaraí, Patiño, Areguá, and Luque. The second connection starts at kilometer 43 and will enhance access through San Bernardino. Both corridors will be part of the Structuring Road Access Network, which will link to Ñu Guasú and Silvio Pettirossi avenues, establishing a more efficient system for entering and exiting the metropolitan area. The proposal also includes the comprehensive operation and maintenance of the road network, ensuring its long-term functionality. The Ministry of Public Works and Communications of Paraguay (MOPC) has signed an addendum to the PY02 Highway concession agreement with the Special Purpose Vehicle Rutas del Este, made up of Sacyr Concesiones (60%) and Ocho A (40%). Through this addendum, the highway will be expanded to improve connectivity between the capital, Asunción, and other parts of the country, enhance safety, and promote regional development. The project consists of a structuring road network, which includes key works such as the Ypacaraí–Areguá bypasses and a 3.6-kilometer elevated urban expressway with two carriageways and four lanes, connecting Ñu Guasú and Silvio Pettirossi avenues. It also includes two new connections to Route PY02 that are essential for improving connectivity. The first connection begins at kilometer 41 of Route PY02, enhancing accessibility via Ypacaraí, Patiño, Areguá, and Luque. The second connection starts at kilometer 43 and will enhance access through San Bernardino. Both corridors will be part of the Structuring Road Access Network, which will link to Ñu Guasú and Silvio Pettirossi avenues, establishing a more efficient system for entering and exiting the metropolitan area. The proposal also includes the comprehensive operation and maintenance of the road network, ensuring its long-term functionality. IDB Invest RUTAS DEL ESTE S.A. IDB Invest Manzo Cruces, Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Transport 300000000 300000000 300000000 Routes 2 and 7 PPP additional works: enhancing road infrastructure in Paraguay Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15599-01 IDB Invest The project consists of an equity investment of up to the lesser of US$30 million or 20% of the capital of Valor Growth Americas III, L.P. (“VGA III” or the “Fund”), a private equity fund designed to provide growth equity for late-stage venture-backed innovative and technology-enabled companies conducting business in Latin America and the Caribbean (“LAC”). VGA III will be managed by Valor Capital Group (“Valor”), one of the most active venture capital firms in LAC. With an initial focus on Brazil and now expanded to LAC, Valor has successfully raised and invested six other funds with total Assets under Management (“AUM”) exceeding US$1.6 billion.With a target size of US$300 million, VGA III will be one of the few LAC-focused growth equity funds in the marketplace. The Fund expects to invest in 14–16 growth companies (Series B to Pre-IPO) operating across fintech, blockchain, artificial intelligence, software, and climate tech, with practical applications in the education, e-commerce, financial, agricultural, logistics, and healthcare sectors, among others.The Fund’s investment strategy contemplates allocating around one-third of its capital in breakout companies from Valor’s early-stage funds that are expanding. Valor expects to allocate another one‑third of the Fund to global tech-enabled companies entering the LAC market and the last one‑third to attractive early growth LAC tech-enabled companies not yet represented in Valor’s VC portfolios.The Fund will provide capital for tech-enabled, innovative, and fast-growing firms across the region, contributing to job creation, higher productivity, financial inclusion, and ultimately, economic growth. The project is also expected to facilitate cross-border technology transfers and will thus contribute to the further development of the regional innovation ecosystem. The project consists of an equity investment of up to the lesser of US$30 million or 20% of the capital of Valor Growth Americas III, L.P. (“VGA III” or the “Fund”), a private equity fund designed to provide growth equity for late-stage venture-backed innovative and technology-enabled companies conducting business in Latin America and the Caribbean (“LAC”). VGA III will be managed by Valor Capital Group (“Valor”), one of the most active venture capital firms in LAC. With an initial focus on Brazil and now expanded to LAC, Valor has successfully raised and invested six other funds with total Assets under Management (“AUM”) exceeding US$1.6 billion.With a target size of US$300 million, VGA III will be one of the few LAC-focused growth equity funds in the marketplace. The Fund expects to invest in 14–16 growth companies (Series B to Pre-IPO) operating across fintech, blockchain, artificial intelligence, software, and climate tech, with practical applications in the education, e-commerce, financial, agricultural, logistics, and healthcare sectors, among others.The Fund’s investment strategy contemplates allocating around one-third of its capital in breakout companies from Valor’s early-stage funds that are expanding. Valor expects to allocate another one‑third of the Fund to global tech-enabled companies entering the LAC market and the last one‑third to attractive early growth LAC tech-enabled companies not yet represented in Valor’s VC portfolios.The Fund will provide capital for tech-enabled, innovative, and fast-growing firms across the region, contributing to job creation, higher productivity, financial inclusion, and ultimately, economic growth. The project is also expected to facilitate cross-border technology transfers and will thus contribute to the further development of the regional innovation ecosystem. IDB Invest Valor Growth Americas III LP IDB Invest Ferro De Sanctis, Carlos Numen +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Investment Funds 30000000 30000000 30000000 Valor Americas Growth Fund Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15597-01 IDB Invest The transaction consists of a revolving, uncommitted guarantee (the "Facility") in favor of Banco Santander Argentina S.A. (“Santander Argentina” or the “Bank”), which provides coverage for corporate confirming portfolios corresponding to eligible anchor companies based in the country and which are clients of Santander Argentina (the “Anchor Companies”), with the aim of generating capital savings and applying them to the expansion of financing to suppliers in the Small and Medium-Sized Enterprises ("SMEs") segment.The Facility will be operated on an unfunded basis, under which IDB Invest may, at its sole discretion, issue guarantees in favor of Santander Argentina to cover the factoring operations of certain Anchor Companies (in the form of unfunded participations connected to SBLCs). The amount of the transaction will be up to US$50 million or its equivalent in local currency. The Facility will enable suppliers of Santander Argentina's Anchor Company clients to expand their capacity to receive financing on competitive terms, facilitating the possibility of shortening the cash conversion cycle by advancing the payment of their accounts receivable. The transaction consists of a revolving, uncommitted guarantee (the "Facility") in favor of Banco Santander Argentina S.A. (“Santander Argentina” or the “Bank”), which provides coverage for corporate confirming portfolios corresponding to eligible anchor companies based in the country and which are clients of Santander Argentina (the “Anchor Companies”), with the aim of generating capital savings and applying them to the expansion of financing to suppliers in the Small and Medium-Sized Enterprises ("SMEs") segment.The Facility will be operated on an unfunded basis, under which IDB Invest may, at its sole discretion, issue guarantees in favor of Santander Argentina to cover the factoring operations of certain Anchor Companies (in the form of unfunded participations connected to SBLCs). The amount of the transaction will be up to US$50 million or its equivalent in local currency. The Facility will enable suppliers of Santander Argentina's Anchor Company clients to expand their capacity to receive financing on competitive terms, facilitating the possibility of shortening the cash conversion cycle by advancing the payment of their accounts receivable. IDB Invest SANTANDER ARGENTINA IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions 110000000 110000000 110000000 Santander Argentina: Guarantee Program to Boost SME Financing in Argentina Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15601-01 IDB Invest The proposed financing to Ovobrand S.A. consists of a loan of up to US$20 million, with a term of up to 10 years, including a 2-year grace period. Through this financing, we will support the Company’s expansion plan at its plant in Brandsen, Buenos Aires; CAPEX investments related to the biogas plant as well as the project for a new complex to increase production capacity, the improvement and adaptation of the current traditional production facilities to new practices that promote environmental protection and animal welfare, including the necessary equipment, while also promoting sustainable practices. Ovobrand S.A. is a leading Argentine Company in the production and processing of eggs and egg products (liquid and powdered), renowned for its full vertical integration in Brandsen, Buenos Aires. Founded in 2008, the Company operates under high standards of biosecurity, automation, and sustainability, exporting a significant portion of its production. The proposed financing to Ovobrand S.A. consists of a loan of up to US$20 million, with a term of up to 10 years, including a 2-year grace period. Through this financing, we will support the Company’s expansion plan at its plant in Brandsen, Buenos Aires; CAPEX investments related to the biogas plant as well as the project for a new complex to increase production capacity, the improvement and adaptation of the current traditional production facilities to new practices that promote environmental protection and animal welfare, including the necessary equipment, while also promoting sustainable practices. Ovobrand S.A. is a leading Argentine Company in the production and processing of eggs and egg products (liquid and powdered), renowned for its full vertical integration in Brandsen, Buenos Aires. Founded in 2008, the Company operates under high standards of biosecurity, automation, and sustainability, exporting a significant portion of its production. IDB Invest Ovobrand S.A. IDB Invest Buzo Rolandi, Jose +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Agribusiness 20000000 20000000 20000000 Ovobrand - Supporting Industrial upgrading in Agribusiness Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15606-01 IDB Invest The project consists of a syndicated loan of up to US$1,800 million to Fertil Pampa S.A.U., intended for the design, construction, operation and maintenance of a Granulated Urea production plant that will be located in the port area of Bahía Blanca, Province of Buenos Aires, Argentina. The financing will have a final maturity of up to 9 years and will consist of an IDB Invest loan of up to US$300 million and a combination of funds mobilized by IDB Invest and parallel loans of up to US$1,500 million. The funds will be used for the construction of: (i) an ammonia and carbon dioxide production plant, (ii) one or more Granulated Urea production plants, (iii) auxiliary units and storage capacity, (iv) finished product dispatch facilities, as well as (v) infrastructure necessary for the supply of natural gas, water and electricity. The project consists of a syndicated loan of up to US$1,800 million to Fertil Pampa S.A.U., intended for the design, construction, operation and maintenance of a Granulated Urea production plant that will be located in the port area of Bahía Blanca, Province of Buenos Aires, Argentina. The financing will have a final maturity of up to 9 years and will consist of an IDB Invest loan of up to US$300 million and a combination of funds mobilized by IDB Invest and parallel loans of up to US$1,500 million. The funds will be used for the construction of: (i) an ammonia and carbon dioxide production plant, (ii) one or more Granulated Urea production plants, (iii) auxiliary units and storage capacity, (iv) finished product dispatch facilities, as well as (v) infrastructure necessary for the supply of natural gas, water and electricity. IDB Invest Fertil Pampa S.A.U. IDB Invest Arauz, Gonzalo C. +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Manufacturing 300000000 300000000 300000000 Fertil Pampa Urea Project Finance Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15605-01 IDB Invest IDB Invest is considering a co-lead equity investment in re.green for an amount of up to US$15 million. Founded in 2021, re.green is a Brazilian nature-based solutions company with the goal of restoring one million hectares in the Amazon and Atlantic Forest regions. The Project supports the scale-up of science-led, technology-enabled forest restoration with silvicultural practices in Brazil and the supply of high-integrity carbon removal credits backed by long-term corporate offtake agreements. Its development objectives are to accelerate restoration of degraded land with native species and robust ecological monitoring, and to mobilize private capital by demonstrating a replicable model that couples biodiversity and social co-benefits with premium, verified carbon credits. IDB Invest is considering a co-lead equity investment in re.green for an amount of up to US$15 million. Founded in 2021, re.green is a Brazilian nature-based solutions company with the goal of restoring one million hectares in the Amazon and Atlantic Forest regions. The Project supports the scale-up of science-led, technology-enabled forest restoration with silvicultural practices in Brazil and the supply of high-integrity carbon removal credits backed by long-term corporate offtake agreements. Its development objectives are to accelerate restoration of degraded land with native species and robust ecological monitoring, and to mobilize private capital by demonstrating a replicable model that couples biodiversity and social co-benefits with premium, verified carbon credits. IDB Invest re.green Participações S.A IDB Invest Sarian, Debora +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Climate Change 5000000 5000000 5000000 re.green - Reforestation Equity in Brazil Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15614-01 IDB Invest The project aims to strengthen port infrastructure in southern Chile by supporting the investment program of Empresa Portuaria Austral, focused on expanding and modernizing the Muelle Prat and Mardones terminals in the Magallanes Region. These upgrades will enhance logistical connectivity, improve operations related to the cruise industry and Antarctic programs, and lay the groundwork for the development of the emerging green hydrogen economy in the region. The project aims to strengthen port infrastructure in southern Chile by supporting the investment program of Empresa Portuaria Austral, focused on expanding and modernizing the Muelle Prat and Mardones terminals in the Magallanes Region. These upgrades will enhance logistical connectivity, improve operations related to the cruise industry and Antarctic programs, and lay the groundwork for the development of the emerging green hydrogen economy in the region. IDB Invest EMPRESA PORTUARIA AUSTRAL IDB Invest Valdes Florenzano, Claudia Andrea +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Transport 14000000 14000000 14000000 Financing the Expansion of Puerto Austral to Enhance Logistics and Regional Development Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15624-01 IDB Invest The project consists of supporting Banco de la Producción S.A. Produbanco (“Produbanco” or the “Bank”) in strengthening its capital through a subordinated loan for a total amount of up to US$50 million, financed by IDB Invest. This loan is composed of: (i) a committed tranche of up to US$20 million; and (ii) an uncommitted tranche of up to US$30 million. The financing term will be up to eight years. The funds will be used to boost the growth of Produbanco’s Small and Medium-Sized Enterprise ("SME") portfolio and green portfolio in Ecuador.Additionally, the project will be accompanied by technical advisory services, defined jointly with Produbanco, with the aim of strengthening its sustainability strategy in the SME and/or green portfolio. The project consists of supporting Banco de la Producción S.A. Produbanco (“Produbanco” or the “Bank”) in strengthening its capital through a subordinated loan for a total amount of up to US$50 million, financed by IDB Invest. This loan is composed of: (i) a committed tranche of up to US$20 million; and (ii) an uncommitted tranche of up to US$30 million. The financing term will be up to eight years. The funds will be used to boost the growth of Produbanco’s Small and Medium-Sized Enterprise ("SME") portfolio and green portfolio in Ecuador.Additionally, the project will be accompanied by technical advisory services, defined jointly with Produbanco, with the aim of strengthening its sustainability strategy in the SME and/or green portfolio. IDB Invest Banco de la Produccion S.A. Produbanco IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 50000000 50000000 50000000 Produbanco: Subordinated Loan to Boost SME and Green Portfolios in Ecuador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15638-01 IDB Invest Banco Interamericano de Finanzas S.A. (“BanBif” or the “Bank”) and IDB Invest are currently evaluating a new transaction through a private local issuance of subordinated green bonds aimed at promoting the growth of the green portfolio. The total amount of the issuance will be in Dollars of the United States of America (“US$”) for up to US$40 million, comprised as follows: (i) a subscription by IDB Invest of up to US$20 million; and (ii) an amount mobilized from other co-investors of up to US$20 million. Additionally, the project will be complemented by technical advisory services, defined jointly with BanBif, with the objective of strengthening its green sustainability strategy. Banco Interamericano de Finanzas S.A. (“BanBif” or the “Bank”) and IDB Invest are currently evaluating a new transaction through a private local issuance of subordinated green bonds aimed at promoting the growth of the green portfolio. The total amount of the issuance will be in Dollars of the United States of America (“US$”) for up to US$40 million, comprised as follows: (i) a subscription by IDB Invest of up to US$20 million; and (ii) an amount mobilized from other co-investors of up to US$20 million. Additionally, the project will be complemented by technical advisory services, defined jointly with BanBif, with the objective of strengthening its green sustainability strategy. IDB Invest BANCO INTERAMERICANO DE FINANZAS S.A. IDB Invest Vega Montoro, Henry William +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 40000000 40000000 40000000 Banco Interamericano de Finanzas: Subordinated Bond to Boost the Green Portfolio in Peru Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15640-01 IDB Invest The project consists of the subscription by IDB Invest and certain accredited investors to a thematic sustainability-linked bond to be issued by Mobiliare Latam S.A. (the “Company”) through an international private placement not registered with the U.S. Securities and Exchange Commission and subject to the applicable exemptions from registration requirements. The proceeds will be used to finance the development, acquisition, and expansion of industrial and logistics real estate assets in Latin America. The structure will allow the Company to access medium- and long-term financing conditions to implement projects under environmental and social standards.The main objective is to support the expansion of the regional portfolio under sustainability and operational efficiency criteria, promoting job creation and strengthening industrial infrastructure in the region. IDB Invest will participate as the lead financier of the project. The project consists of the subscription by IDB Invest and certain accredited investors to a thematic sustainability-linked bond to be issued by Mobiliare Latam S.A. (the “Company”) through an international private placement not registered with the U.S. Securities and Exchange Commission and subject to the applicable exemptions from registration requirements. The proceeds will be used to finance the development, acquisition, and expansion of industrial and logistics real estate assets in Latin America. The structure will allow the Company to access medium- and long-term financing conditions to implement projects under environmental and social standards.The main objective is to support the expansion of the regional portfolio under sustainability and operational efficiency criteria, promoting job creation and strengthening industrial infrastructure in the region. IDB Invest will participate as the lead financier of the project. IDB Invest Mobiliare Latam S.A. IDB Invest Coello Paz, Mariana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Manufacturing 100000000 100000000 100000000 Mobiliare Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15637-01 IDB Invest LOGIXBIS, S.A. de C.V. (“Interlogix” or the “Company”) is a Mexican company engaged in the development and operation of vertical logistics parks in strategically located areas within Mexico City and in the country’s main cities. The transaction consists of an investment of up to MXN 300 million in a fund to be established by Interlogix to finance the development, construction, and operation of new logistics parks in Mexico (the “Project”). The Project will enable the expansion of last-mile logistics capacity in urban areas and increase the availability of high-quality, sustainable logistics infrastructure. LOGIXBIS, S.A. de C.V. (“Interlogix” or the “Company”) is a Mexican company engaged in the development and operation of vertical logistics parks in strategically located areas within Mexico City and in the country’s main cities. The transaction consists of an investment of up to MXN 300 million in a fund to be established by Interlogix to finance the development, construction, and operation of new logistics parks in Mexico (the “Project”). The Project will enable the expansion of last-mile logistics capacity in urban areas and increase the availability of high-quality, sustainable logistics infrastructure. IDB Invest LOGIXBIS, S.A. de C.V. IDB Invest Fernandez Fernandez, Martha +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 16718400 16718400 16718400 Interlogix: Developing vertical logistic parks in Mexico Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15647-01 IDB Invest The Project consists of the design, construction, commissioning, and operation of a 50 MWp solar photovoltaic power plant to be located in Trelawny, Jamaica (the “Project”). The Project, developed by SunTerra Energy Limited through a special-purpose vehicle incorporated in Jamaica, has an estimated total cost of approximately US$65 million. The proposed financing will be structured as an A/B Loan of up to US$34 million and a Blended Finance Loan of up to US$18 million, with a tenor of up to 20 years, including a grace period covering construction and up to six additional months.Proceeds from the financing will be used to fund the construction and commissioning of the plant, which will sell 100% of its energy output to the Jamaica Public Service Company (JPS) under a long-term Power Purchase Agreement (PPA). The Project consists of the design, construction, commissioning, and operation of a 50 MWp solar photovoltaic power plant to be located in Trelawny, Jamaica (the “Project”). The Project, developed by SunTerra Energy Limited through a special-purpose vehicle incorporated in Jamaica, has an estimated total cost of approximately US$65 million. The proposed financing will be structured as an A/B Loan of up to US$34 million and a Blended Finance Loan of up to US$18 million, with a tenor of up to 20 years, including a grace period covering construction and up to six additional months.Proceeds from the financing will be used to fund the construction and commissioning of the plant, which will sell 100% of its energy output to the Jamaica Public Service Company (JPS) under a long-term Power Purchase Agreement (PPA). IDB Invest Sunterra Energy (Jamaica) Ltd. IDB Invest Monje, Marco +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Energy 24800000 24800000 24800000 Midnight Sun Solar PV Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15646-01 IDB Invest IDB Invest is considering a financing of up to US$60 million to VM Group Limited (“VM Group”), structured in two tranches: (i) Tranche I: a senior unsecured loan of US$30 million, with a term of up to 10 years, including a moratorium period of up to two years; and Tranche II: an uncommitted guarantee by IDB Invest to assist VM Group with sourcing local currency funding in the Jamaican capital markets (the “Local Funding”), for an amount equivalent in Jamaican Dollars (“J$”) to US$30 million. The Borrower intends to expand its reach in serving the green and Micro, Small, and Medium-Sized Enterprise (“MSME”) segments while delivering mortgage solutions for affordable housing in Jamaica. IDB Invest is considering a financing of up to US$60 million to VM Group Limited (“VM Group”), structured in two tranches: (i) Tranche I: a senior unsecured loan of US$30 million, with a term of up to 10 years, including a moratorium period of up to two years; and Tranche II: an uncommitted guarantee by IDB Invest to assist VM Group with sourcing local currency funding in the Jamaican capital markets (the “Local Funding”), for an amount equivalent in Jamaican Dollars (“J$”) to US$30 million. The Borrower intends to expand its reach in serving the green and Micro, Small, and Medium-Sized Enterprise (“MSME”) segments while delivering mortgage solutions for affordable housing in Jamaica. IDB Invest VM Group Limited IDB Invest Thompson, Norman Mcgregor +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Financial Institutions 15000000 15000000 15000000 VM Group Limited: Senior Unsecured Financing for Resilient Mortgages and MSME Lending in Jamaica Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15641-01 IDB Invest The project involves a long-term senior financing to Banco Cooperativo Sicoob S.A. (“Sicoob”) consisting of: (i) an A loan of up to US$50 million to be funded by IDB Invest, with a tenor of up to five years; (ii) a B loan of up to US$50 million, funded by one or more institutional investors, with a tenor of up to three years; and (iii) a parallel loan of up to US$100 million, funded by JICA. The proposed financing will support Sicoob’s financing to Micro, Small, and Medium-Sized Enterprises ("MSMEs") and Women-led MSMEs in Brazil. The project involves a long-term senior financing to Banco Cooperativo Sicoob S.A. (“Sicoob”) consisting of: (i) an A loan of up to US$50 million to be funded by IDB Invest, with a tenor of up to five years; (ii) a B loan of up to US$50 million, funded by one or more institutional investors, with a tenor of up to three years; and (iii) a parallel loan of up to US$100 million, funded by JICA. The proposed financing will support Sicoob’s financing to Micro, Small, and Medium-Sized Enterprises ("MSMEs") and Women-led MSMEs in Brazil. IDB Invest Banco Cooperativo Sicoob S.A. IDB Invest Groszmann Faria, Marcia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 50000000 50000000 50000000 Sicoob Financing for MSMEs and Women-Led MSMEs in Brazil Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15651-01 IDB Invest The project consists of providing support to Banco Unión S.A. (“Banco Unión” or the “Bank”) in strengthening its capital through a subordinated loan for an amount of up to 40 billion, denominated in Colombian Pesos (“COP”). This IDB Invest loan comprises: (i) a committed tranche of up to COP20 billion; and (ii) an uncommitted tranche of up to COP20 billion. The financing will have a tenor of up to ten years, with an option for full prepayment in the fifth year, to be exercised voluntarily by Banco Unión, upon meeting the requirements set forth in the applicable law. The proceeds will be used to support the financing of Banco Unión’s credit portfolio focused on the silver economy in Colombia.Additionally, the project will be accompanied by technical advisory services aimed at strengthening Banco Unión’s value proposition for the silver economy segment of its credit portfolio. The project consists of providing support to Banco Unión S.A. (“Banco Unión” or the “Bank”) in strengthening its capital through a subordinated loan for an amount of up to 40 billion, denominated in Colombian Pesos (“COP”). This IDB Invest loan comprises: (i) a committed tranche of up to COP20 billion; and (ii) an uncommitted tranche of up to COP20 billion. The financing will have a tenor of up to ten years, with an option for full prepayment in the fifth year, to be exercised voluntarily by Banco Unión, upon meeting the requirements set forth in the applicable law. The proceeds will be used to support the financing of Banco Unión’s credit portfolio focused on the silver economy in Colombia.Additionally, the project will be accompanied by technical advisory services aimed at strengthening Banco Unión’s value proposition for the silver economy segment of its credit portfolio. IDB Invest Banco Unión S.A. IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 11140500 11140500 11140500 Banco Union: Subordinated Loan Supporting Silver Economy in Colombia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15653-01 IDB Invest The project aims to support the decarbonization and transformation of Colombia’s energy matrix through the generation of renewable energy, contributing to the country’s transition toward cleaner and more sustainable sources. The financing would cover the construction and operation of: (i) the JK1 and JK2 wind farms, with a combined installed capacity of 259 MW; (ii) their internal transmission lines and related civil works, including access roads; and (iii) a substation. The project is being developed by AES Colombia in partnership with Ecopetrol S.A. The wind farms would be connected to the Colombian Electric System via the Colectora 1 Substation, which is part of the UPME 06-2017 Colectora – Cuestecitas – La Loma project. The project aims to support the decarbonization and transformation of Colombia’s energy matrix through the generation of renewable energy, contributing to the country’s transition toward cleaner and more sustainable sources. The financing would cover the construction and operation of: (i) the JK1 and JK2 wind farms, with a combined installed capacity of 259 MW; (ii) their internal transmission lines and related civil works, including access roads; and (iii) a substation. The project is being developed by AES Colombia in partnership with Ecopetrol S.A. The wind farms would be connected to the Colombian Electric System via the Colectora 1 Substation, which is part of the UPME 06-2017 Colectora – Cuestecitas – La Loma project. IDB Invest Jemeiwaa Kai Wind Projects JK1 IDB Invest Fandino Reyes, Christian Alejandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Energy 150000000 150000000 150000000 AES Wind Farms JK1-JK2 Financing - Colombia Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15665-01 IDB Invest The financing consists of a loan of up to US$70 million (the “Project” or the “Financing”) from IDB Invest to Banco Davivienda Salvadoreño, S.A. (“Davivienda” or the “Bank”), with a term of up to eight years. The Financing may be supplemented by one or more participants with an additional amount of approximately US$50 million. The Financing will be used to support the Small and Medium‑Sized Enterprises (“SMEs”) segments, SMEs led by women (“Women-Led SMEs”), and green financing in El Salvador. The Project may be accompanied by technical assistance in areas such as digitalization and innovation. The financing consists of a loan of up to US$70 million (the “Project” or the “Financing”) from IDB Invest to Banco Davivienda Salvadoreño, S.A. (“Davivienda” or the “Bank”), with a term of up to eight years. The Financing may be supplemented by one or more participants with an additional amount of approximately US$50 million. The Financing will be used to support the Small and Medium‑Sized Enterprises (“SMEs”) segments, SMEs led by women (“Women-Led SMEs”), and green financing in El Salvador. The Project may be accompanied by technical assistance in areas such as digitalization and innovation. IDB Invest Banco Davivienda Salvadoreño S.A. IDB Invest Guevara Sanchez, Marvin +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions 15000000 15000000 15000000 Davivienda: Credit Facility for SMEs, Women-Led SMEs, and Green Financing in El Salvador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15659-01 IDB Invest The proposed transaction consists of an investment in the SA Impact Forestry Fund II LP (“SAIFF II” or the “Fund”). The Fund aims to convert low-productivity farmland in southern Paraguay into a portfolio of sustainable, cost-efficient, and high-yield eucalyptus plantations, while adhering to robust environmental and social standards. The Fund will be managed through a joint venture between SilviPar II AB (“SilviPar” or the “Portfolio Manager”), a specialist forestry investment and management firm that brings deep technical and operational expertise in forestry asset development, and Astarte Capital Partners LLP (“Astarte” or the “Investment Adviser”), an asset manager with experience managing funds focused on sustainable real assets and natural capital. The proposed transaction consists of an investment in the SA Impact Forestry Fund II LP (“SAIFF II” or the “Fund”). The Fund aims to convert low-productivity farmland in southern Paraguay into a portfolio of sustainable, cost-efficient, and high-yield eucalyptus plantations, while adhering to robust environmental and social standards. The Fund will be managed through a joint venture between SilviPar II AB (“SilviPar” or the “Portfolio Manager”), a specialist forestry investment and management firm that brings deep technical and operational expertise in forestry asset development, and Astarte Capital Partners LLP (“Astarte” or the “Investment Adviser”), an asset manager with experience managing funds focused on sustainable real assets and natural capital. IDB Invest SA Impact Forestry Fund II LP IDB Invest Gutierrez Gutierrez, Martha Maria +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Investment Funds 7506000 7506000 7506000 Silvipar: Supporting the Development of the Forestry Industry in Paraguay Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15680-01 IDB Invest El proyecto consiste en un financiamiento senior de BID Invest de hasta US$25 millones a favor de Comercial Etatex C.A., Tiendec S.A. e Inmobiliaria Etali C.A., entidades que conforman el Grupo Etafashion. El financiamiento se estructura en tres tramos:(i) una facilidad revolvente comprometida para capital de trabajo de hasta US$10 millones, destinada a financiar la adquisición de inventarios, pagos a proveedores y otras necesidades de capital de trabajo del Grupo; (ii) una facilidad revolvente no comprometida para capital de trabajo de hasta US$5 millones, destinada a complementar los requerimientos de inventario, pagos a proveedores y otras necesidades operativas; y (iii) un préstamo comprometido de hasta US$10 millones, destinado a financiar el plan de expansión del Grupo en Ecuador, incluyendo la apertura de nuevas tiendas, remodelaciones de establecimientos existentes, adquisición de equipos y mobiliario, y otras inversiones de capital. El proyecto consiste en un financiamiento senior de BID Invest de hasta US$25 millones a favor de Comercial Etatex C.A., Tiendec S.A. e Inmobiliaria Etali C.A., entidades que conforman el Grupo Etafashion. El financiamiento se estructura en tres tramos:(i) una facilidad revolvente comprometida para capital de trabajo de hasta US$10 millones, destinada a financiar la adquisición de inventarios, pagos a proveedores y otras necesidades de capital de trabajo del Grupo; (ii) una facilidad revolvente no comprometida para capital de trabajo de hasta US$5 millones, destinada a complementar los requerimientos de inventario, pagos a proveedores y otras necesidades operativas; y (iii) un préstamo comprometido de hasta US$10 millones, destinado a financiar el plan de expansión del Grupo en Ecuador, incluyendo la apertura de nuevas tiendas, remodelaciones de establecimientos existentes, adquisición de equipos y mobiliario, y otras inversiones de capital. IDB Invest Comercial Etatex C.A., Tiendec S.A. e Inmobiliaria Etali C.A. IDB Invest Mendoza Yauri, Franklin Augusto +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Manufacturing 25000000 25000000 25000000 Etafashion: Apoyando el crecimiento del sector minorista en Ecuador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15683-01 IDB Invest The transaction consists of a facility to support the implementation of wastewater collection and sanitation infrastructure projects, as well as the operation and maintenance of the associated infrastructure in the city of David, Panama. The Project is expected to expand sanitation coverage and improve service quality, reducing untreated wastewater discharges while generating environmental and public health benefits for the population. The transaction consists of a facility to support the implementation of wastewater collection and sanitation infrastructure projects, as well as the operation and maintenance of the associated infrastructure in the city of David, Panama. The Project is expected to expand sanitation coverage and improve service quality, reducing untreated wastewater discharges while generating environmental and public health benefits for the population. IDB Invest Suez International SAS IDB Invest Castillo Montouto, Dario Antonio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Water and Sanitation 72000000 72000000 72000000 City of David Sanitation & Wastewater Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15692-01 IDB Invest The project involves supporting Banco de las Microfinanzas S.A. (“Bancamia” or the “Bank”) in the first issuance of an Amazonia Bond, senior, unsecured, denominated in Colombian Pesos (“COP”), to be placed in Colombia’s secondary market. The total expected issuance amount is up to COP80,000 million, to be subscribed by IDB Invest. The bond could have a maturity of up to four years, with bullet payment. The use of proceeds from the bond will follow the eligibility criteria defined in the Amazonia Bond Framework, which is aligned with the Green, Social, and Sustainability Bond Principles established by the International Capital Market Association (“ICMA”). It will also adhere to the voluntary guidelines outlined in the “Amazonia Bond Issuance Guidelines” developed by the Inter‑American Development Bank (“IDB”) and the World Bank and will be verified through a Second Party Opinion (“SPO”). The project involves supporting Banco de las Microfinanzas S.A. (“Bancamia” or the “Bank”) in the first issuance of an Amazonia Bond, senior, unsecured, denominated in Colombian Pesos (“COP”), to be placed in Colombia’s secondary market. The total expected issuance amount is up to COP80,000 million, to be subscribed by IDB Invest. The bond could have a maturity of up to four years, with bullet payment. The use of proceeds from the bond will follow the eligibility criteria defined in the Amazonia Bond Framework, which is aligned with the Green, Social, and Sustainability Bond Principles established by the International Capital Market Association (“ICMA”). It will also adhere to the voluntary guidelines outlined in the “Amazonia Bond Issuance Guidelines” developed by the Inter‑American Development Bank (“IDB”) and the World Bank and will be verified through a Second Party Opinion (“SPO”). IDB Invest Banco de las Microfinanzas S.A. IDB Invest Acuna Cubillos, Piedad Lucia +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Financial Institutions 21348500 21348500 21348500 Bancamia: Amazonia Bond to Increase Financing in Colombia’s Amazonia Region Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15697-01 IDB Invest The proposed transaction consists of an unsecured revolving senior A/B loan to Banco CMF S.A. (“Banco CMF” or the “Bank”), for up to US$65 million, comprised of: (i) Tranche I Committed: consisting of an A Loan of up to US$35 million to be financed by IDB Invest; (ii) Tranche II Uncommitted: consisting of an A Loan of up to US$10 million, to be financed by IDB Invest; and (iii) an B Loan of approximately US$20 million to be financed by institutional investors. The transaction will have a term of up to three years, with up to one year of grace and the possibility of renewal at IDB Invest's discretion for up to two additional periods of up to three years each. The objective of the transaction is to support Banco CMF in the growth of its Small and Medium-Sized Enterprise (“SME”) portfolio in Argentina. The proposed transaction consists of an unsecured revolving senior A/B loan to Banco CMF S.A. (“Banco CMF” or the “Bank”), for up to US$65 million, comprised of: (i) Tranche I Committed: consisting of an A Loan of up to US$35 million to be financed by IDB Invest; (ii) Tranche II Uncommitted: consisting of an A Loan of up to US$10 million, to be financed by IDB Invest; and (iii) an B Loan of approximately US$20 million to be financed by institutional investors. The transaction will have a term of up to three years, with up to one year of grace and the possibility of renewal at IDB Invest's discretion for up to two additional periods of up to three years each. The objective of the transaction is to support Banco CMF in the growth of its Small and Medium-Sized Enterprise (“SME”) portfolio in Argentina. IDB Invest BANCO CMF S.A. IDB Invest Zaccari, Corina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions 45000000 45000000 45000000 Banco CMF: Financing for SMEs in Argentina Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15704-01 IDB Invest The financing is intended to support capital expenditures for the design, construction, operation, and maintenance of new solar renewable energy facilities in Argentina, specifically PSF Arrecifes, PSF Realicó, PSF La Rioja IV, PSF Palomar, and PSF Cordoba. This includes battery energy storage systems (PSF Arrecifes and PSF Reliacó), as well as related interconnection infrastructure. The financing is intended to support capital expenditures for the design, construction, operation, and maintenance of new solar renewable energy facilities in Argentina, specifically PSF Arrecifes, PSF Realicó, PSF La Rioja IV, PSF Palomar, and PSF Cordoba. This includes battery energy storage systems (PSF Arrecifes and PSF Reliacó), as well as related interconnection infrastructure. IDB Invest 360 Energy Solar SA IDB Invest Duhart, Martin Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Energy 50000000 50000000 50000000 360 Energy Financing - Improving Energy Security in Argentina Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15727-01 IDB Invest The Project aims to provide a senior unsecured A/B loan of up to US$100 million (the “Project” or the “Financing”) to Banco Actinver, S.A., Institución de Banca Múltiple, Grupo Financiero Actinver (“Actinver” or the “Bank”) in Mexico. The Financing is expected to consist of: (i) Tranche I: a committed senior loan of up to US$50 million; and (ii) Tranche II: an uncommitted senior loan of up to US$50million. The Project seeks to support Actinver in the growth of its MSME and green loan portfolio. BID Invest will provide technical assistance services of up to US$40,000 to develop portfolio analyses aimed at strengthening its Sustainable Finance strategy. In addition, the Financing will include an Environmental and Social Action Plan (“ESAP”) and Corporate Governance (“CG”) recommendations, to be approved by Actinver, intended to support its alignment with international standards for financial institutions. The Project aims to provide a senior unsecured A/B loan of up to US$100 million (the “Project” or the “Financing”) to Banco Actinver, S.A., Institución de Banca Múltiple, Grupo Financiero Actinver (“Actinver” or the “Bank”) in Mexico. The Financing is expected to consist of: (i) Tranche I: a committed senior loan of up to US$50 million; and (ii) Tranche II: an uncommitted senior loan of up to US$50million. The Project seeks to support Actinver in the growth of its MSME and green loan portfolio. BID Invest will provide technical assistance services of up to US$40,000 to develop portfolio analyses aimed at strengthening its Sustainable Finance strategy. In addition, the Financing will include an Environmental and Social Action Plan (“ESAP”) and Corporate Governance (“CG”) recommendations, to be approved by Actinver, intended to support its alignment with international standards for financial institutions. IDB Invest BANCO ACTINVER SA INSTITUCION DE BANCA MULTIPLE GRUPO FINANCIERO ACTINVER IDB Invest Simon Mugica, Armando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 100000000 100000000 100000000 Banco Actinver: MSME Financing in Mexico Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15733-01 IDB Invest The transaction consists of an A/B financing of up to US$400 million for the purchase of Non Objection Certificates (CNOs) issued by Metro de Panama for the construction of the tunnel of Metro Line 3. The project is expected to generate a significant development impact by supporting economic growth and improving urban mobility in the country. The transaction consists of an A/B financing of up to US$400 million for the purchase of Non Objection Certificates (CNOs) issued by Metro de Panama for the construction of the tunnel of Metro Line 3. The project is expected to generate a significant development impact by supporting economic growth and improving urban mobility in the country. IDB Invest Consorcio HPH Joint Venture IDB Invest Junco Camacho, Dulce Jocelyn +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Transport 200000000 200000000 200000000 Panama Metro Line 3 Financing Facility Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15736-01 IDB Invest The proposed transaction with Camposol S.A. (“Camposol” or the “Company”), a leading firm in the global fresh fruit market and the main exporter of blueberries from Peru, consists of an A/B loan of up to US$140 million, with a term of up to 5 years and including a 2.5-year grace period. The funds will partially support Camposol’s investment plan in its farms located in Trujillo, Peru, which includes: (i) investments primarily aimed at varietal renewal of blueberries using the Company’s proprietary genetics, along with complementary investments in avocados, and (ii) permanent working capital associated with blueberry and avocado operations. The Project will contribute to: (i) increasing Peru’s agricultural exports through Camposol, (ii) improving the productivity of blueberries and avocados through genetic improvement and varietal renewal programs, and (iii) generating employment and greater purchases from local suppliers. The proposed transaction with Camposol S.A. (“Camposol” or the “Company”), a leading firm in the global fresh fruit market and the main exporter of blueberries from Peru, consists of an A/B loan of up to US$140 million, with a term of up to 5 years and including a 2.5-year grace period. The funds will partially support Camposol’s investment plan in its farms located in Trujillo, Peru, which includes: (i) investments primarily aimed at varietal renewal of blueberries using the Company’s proprietary genetics, along with complementary investments in avocados, and (ii) permanent working capital associated with blueberry and avocado operations. The Project will contribute to: (i) increasing Peru’s agricultural exports through Camposol, (ii) improving the productivity of blueberries and avocados through genetic improvement and varietal renewal programs, and (iii) generating employment and greater purchases from local suppliers. IDB Invest Camposol S.A. IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Agribusiness 50000000 50000000 50000000 Camposol: Sustainable Agro-industrial Investments in Peru Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15759-01 IDB Invest The Project consists of an issuance part of the Bond Issuance Program valued at US$500 million in debt securities in Guatemala for Banco de América Central S.A. (hereinafter referred to as the “Bank”). This second issuance under the program amounts to US$110 million, of which IDB Invest is considering participating with a subscription of US$100 million, which will be labeled as a Sustainable Bond. The issuance will be senior, dematerialized, unsecured, denominated in Dollars of the United States of America (“US$”), and issued with a term of up to five years, including a grace period of up to two years. Additionally, it is expected to be public and carried out under local regulation. Participation from other co-investors is anticipated in other subscriptions under the same program. The Project consists of an issuance part of the Bond Issuance Program valued at US$500 million in debt securities in Guatemala for Banco de América Central S.A. (hereinafter referred to as the “Bank”). This second issuance under the program amounts to US$110 million, of which IDB Invest is considering participating with a subscription of US$100 million, which will be labeled as a Sustainable Bond. The issuance will be senior, dematerialized, unsecured, denominated in Dollars of the United States of America (“US$”), and issued with a term of up to five years, including a grace period of up to two years. Additionally, it is expected to be public and carried out under local regulation. Participation from other co-investors is anticipated in other subscriptions under the same program. IDB Invest BANCO DE AMERICA CENTRAL SA IDB Invest Castro Fonseca, Cristie +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Financial Institutions 100000000 100000000 100000000 BAC Guatemala - Sustainable Bond Series 2 Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15761-01 IDB Invest The Project consists of a large-scale low-carbon methanol production facility (the “Project”) to be built in Topolobampo, Municipality of Ahome, State of Sinaloa, Mexico. It is expected to be a large green and blue methanol plant, with an annual production capacity of approximately 2.1 million metric tons.The Project will be developed by Transition Industries LLC (the “Sponsor”) through Pacífico Mexinol, S. de R.L. de C.V., a Special Purpose Vehicle (SPV) or (the “Company”). The Project consists of a large-scale low-carbon methanol production facility (the “Project”) to be built in Topolobampo, Municipality of Ahome, State of Sinaloa, Mexico. It is expected to be a large green and blue methanol plant, with an annual production capacity of approximately 2.1 million metric tons.The Project will be developed by Transition Industries LLC (the “Sponsor”) through Pacífico Mexinol, S. de R.L. de C.V., a Special Purpose Vehicle (SPV) or (the “Company”). IDB Invest Transition Industries LLC IDB Invest Gochicoa Acosta, Arturo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Energy 300000000 300000000 300000000 Mexinol - Methanol Production Project in Mexico Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15760-01 IDB Invest The proposed transaction consists of a senior A/B loan to San Miguel of up to US$40.5 million, with an eight-year tenor (seven years in the case of the B loan), including a two-year grace period and collateral over assets acceptable to IDB Invest, and a parallel senior A/B loan of up to US$40.5 million on terms similar to our financing. The funds will be used to finance: (i) capital investments for growth (agricultural and industrial) and maintenance of San Miguel for the years 2025, 2026, and 2027 in Argentina and Uruguay; and (ii) the refinancing of short- and medium-term debt (the “Project”). S.A. San Miguel A.G.I.C.I. y F. (Argentina), S.A. San Miguel Uruguay, Samifruit Uruguay S.A., and San Miguel International Investments S.A. (Uruguay) (collectively, “San Miguel” or the “Companies”) constitute the leading producer and exporter in the Southern Hemisphere of value-added products derived from citrus processing (oils and aromas, cloudy and clarified juices, and dehydrated peel). With 70 years of history, San Miguel is a global agribusiness company of Argentine origin and the world’s largest industrial lemon processor, accounting for 16.0% of global milling volume. With operations in Argentina, Uruguay, and South Africa, it supplies 100% lemon-based natural ingredients to leading food, beverage, pharmaceutical, and cosmetics companies in more than 30 countries across five continents The proposed transaction consists of a senior A/B loan to San Miguel of up to US$40.5 million, with an eight-year tenor (seven years in the case of the B loan), including a two-year grace period and collateral over assets acceptable to IDB Invest, and a parallel senior A/B loan of up to US$40.5 million on terms similar to our financing. The funds will be used to finance: (i) capital investments for growth (agricultural and industrial) and maintenance of San Miguel for the years 2025, 2026, and 2027 in Argentina and Uruguay; and (ii) the refinancing of short- and medium-term debt (the “Project”). S.A. San Miguel A.G.I.C.I. y F. (Argentina), S.A. San Miguel Uruguay, Samifruit Uruguay S.A., and San Miguel International Investments S.A. (Uruguay) (collectively, “San Miguel” or the “Companies”) constitute the leading producer and exporter in the Southern Hemisphere of value-added products derived from citrus processing (oils and aromas, cloudy and clarified juices, and dehydrated peel). With 70 years of history, San Miguel is a global agribusiness company of Argentine origin and the world’s largest industrial lemon processor, accounting for 16.0% of global milling volume. With operations in Argentina, Uruguay, and South Africa, it supplies 100% lemon-based natural ingredients to leading food, beverage, pharmaceutical, and cosmetics companies in more than 30 countries across five continents IDB Invest S.A. San Miguel A.G.I.C.I Y A. IDB Invest Pasut, Carina Mabel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Agribusiness 20250000 20250000 20250000 San Miguel: Supporting the Regional Transition toward Higher Value-Added Agribusiness Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15763-01 IDB Invest DICOMA is a leading Engineering, Procurement, and Construction (EPC) company in the renewable energy segment, headquartered in Costa Rica with operations across several countries in Latin America. The company specializes in the design, engineering, and construction of projects, as well as in machinery, refrigeration, and clean energy solutions. With more than 15 years of experience, DICOMA provides integrated solutions in civil engineering, industrial refrigeration, sustainable energy, and real estate development. To date, the company has executed over 250 projects in seven countries and has installed more than 80 MW of photovoltaic capacity across the region. Its project portfolio includes large-scale industrial facilities, energy efficiency initiatives, renewable energy systems, and Build-to-Suit (BTS) developments, combining specialized design and construction capabilities with advanced refrigeration and clean energy technologies. DICOMA is a leading Engineering, Procurement, and Construction (EPC) company in the renewable energy segment, headquartered in Costa Rica with operations across several countries in Latin America. The company specializes in the design, engineering, and construction of projects, as well as in machinery, refrigeration, and clean energy solutions. With more than 15 years of experience, DICOMA provides integrated solutions in civil engineering, industrial refrigeration, sustainable energy, and real estate development. To date, the company has executed over 250 projects in seven countries and has installed more than 80 MW of photovoltaic capacity across the region. Its project portfolio includes large-scale industrial facilities, energy efficiency initiatives, renewable energy systems, and Build-to-Suit (BTS) developments, combining specialized design and construction capabilities with advanced refrigeration and clean energy technologies. IDB Invest Dicoma Diseño Construcción y Maquinaria S.A. IDB Invest Ortiz Madrigal, Gustavo Adolfo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Energy 5000000 5000000 5000000 DICOMA Green Capex and Working Capital Solutions for Costa Rica Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15772-01 IDB Invest Acelen Industrial will design, build and operate an integrated seed-to-fuel solution to produce Sustainable Aviation Fuel (SAF) and renewable diesel using Hydrotreated Esters and Fatty Acids (HEFA) technology. The new greenfield refinery, adjacent to the Mataripe Refinery in Bahia, aims to become Latin America’s largest renewable facility, leveraging vegetable oils, used cooking oil, and tallow as feedstocks. With an estimated investment of US$1.3 billion, the Project targets international markets and seeks to deliver biofuels at globally competitive costs, supporting Brazil’s energy transition. Acelen Industrial will design, build and operate an integrated seed-to-fuel solution to produce Sustainable Aviation Fuel (SAF) and renewable diesel using Hydrotreated Esters and Fatty Acids (HEFA) technology. The new greenfield refinery, adjacent to the Mataripe Refinery in Bahia, aims to become Latin America’s largest renewable facility, leveraging vegetable oils, used cooking oil, and tallow as feedstocks. With an estimated investment of US$1.3 billion, the Project targets international markets and seeks to deliver biofuels at globally competitive costs, supporting Brazil’s energy transition. IDB Invest Acelen Energia Renovavel SA IDB Invest Cabral Da Silva Porto, Adriane +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Energy 200000000 200000000 200000000 Acelen: Brazil’s Sustainable Aviation Fuel Export Platform Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15776-01 IDB Invest The São Borja–Santo Tomé International Bridge Project aims to modernize and efficiently operate a critical Brazil–Argentina cross‑border transport corridor under a 25‑year binational PPP concession granted by COMAB. With total investments of approximately US$58.4 million, the Project covers the international bridge, access roads, and the Unified Border Center (CUF), addressing deteriorated infrastructure, limited processing capacity, and operational inefficiencies. By upgrading roads, border facilities, and customs and sanitary systems, the Project seeks to improve border efficiency, service quality, and reliability, supporting gradual traffic growth and stronger regional integration within MERCOSUR. The São Borja–Santo Tomé International Bridge Project aims to modernize and efficiently operate a critical Brazil–Argentina cross‑border transport corridor under a 25‑year binational PPP concession granted by COMAB. With total investments of approximately US$58.4 million, the Project covers the international bridge, access roads, and the Unified Border Center (CUF), addressing deteriorated infrastructure, limited processing capacity, and operational inefficiencies. By upgrading roads, border facilities, and customs and sanitary systems, the Project seeks to improve border efficiency, service quality, and reliability, supporting gradual traffic growth and stronger regional integration within MERCOSUR. IDB Invest CS Rodovias Mercosul SPE S.A. IDB Invest de Paiva Ferraz, Joao Victor +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Transport 17500000 17500000 17500000 CS Infra International Bridge Brazil-Argentina Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15781-01 IDB Invest ANSA McAL Limited (“ANSA McAL” or the “Group”) and its subsidiary, Caribbean Development Company Limited (“CDC”), both incorporated in Trinidad and Tobago, are seeking financing to support the Group’s capital investment program and working capital needs in Trinidad and Tobago. The proposed financing would be for US$200 million from IDB Invest and an additional amount from B-lenders, Co-lenders and funds managed by IDB Invest in an amount to be defined before signature.ANSA McAL operates across several strategic industries, including automotive, beverages, construction, distribution, financial services, packaging, media, retail, and shipping and logistics, with a presence throughout the Caribbean and in international markets.CDC, the Group’s largest operating subsidiary, is the producer of Carib, Stag, and other leading drinks that are widely recognized across the Caribbean and increasingly present in other international markets.Through the proposed mix of financial products, IDB Invest would support the operations of ANSA McAL and CDC, fostering increased market linkages through non-traditional exports and supporting the continuation of sustainable glass production through recycling. ANSA McAL Limited (“ANSA McAL” or the “Group”) and its subsidiary, Caribbean Development Company Limited (“CDC”), both incorporated in Trinidad and Tobago, are seeking financing to support the Group’s capital investment program and working capital needs in Trinidad and Tobago. The proposed financing would be for US$200 million from IDB Invest and an additional amount from B-lenders, Co-lenders and funds managed by IDB Invest in an amount to be defined before signature.ANSA McAL operates across several strategic industries, including automotive, beverages, construction, distribution, financial services, packaging, media, retail, and shipping and logistics, with a presence throughout the Caribbean and in international markets.CDC, the Group’s largest operating subsidiary, is the producer of Carib, Stag, and other leading drinks that are widely recognized across the Caribbean and increasingly present in other international markets.Through the proposed mix of financial products, IDB Invest would support the operations of ANSA McAL and CDC, fostering increased market linkages through non-traditional exports and supporting the continuation of sustainable glass production through recycling. IDB Invest ANSA McAL Limited and Caribbean Development Company Limited IDB Invest Bazan, Paola +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Trinidad and Tobago Trinidad and Tobago Manufacturing 200000000 200000000 200000000 ANSA McAL Limited and Caribbean Development Company Limited Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15782-01 IDB Invest The transaction consists of an A/B financing of up to US$46.8 million for the construction of a 43.2 MW wind farm located in Tilarán, Guanacaste. The project is expected to generate a significant development impact by increasing the installed capacity of renewable energy and contributing to the diversification of Costa Rica’s energy matrix through the addition of wind power. It will also help reduce CO₂ emissions and create new jobs during the construction phase. The transaction consists of an A/B financing of up to US$46.8 million for the construction of a 43.2 MW wind farm located in Tilarán, Guanacaste. The project is expected to generate a significant development impact by increasing the installed capacity of renewable energy and contributing to the diversification of Costa Rica’s energy matrix through the addition of wind power. It will also help reduce CO₂ emissions and create new jobs during the construction phase. IDB Invest Desarrollo Eólico San Miguel I S.R.L. IDB Invest Ortiz Madrigal, Gustavo Adolfo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Energy 36200000 36200000 36200000 San Miguel - 43.2MW Renewable Project - Costa Rica Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15803-01 IDB Invest The objective of the project is to increase water availability in the Antofagasta Region through the treatment and reuse of wastewater, supporting sustainable urban and industrial development and promoting more efficient, resilient, and circular water resource management. The objective of the project is to increase water availability in the Antofagasta Region through the treatment and reuse of wastewater, supporting sustainable urban and industrial development and promoting more efficient, resilient, and circular water resource management. IDB Invest Reúso Salar del Carmen IDB Invest Valdes Florenzano, Claudia Andrea +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Water and Sanitation 150000000 150000000 150000000 Circular Water Infrastructure for Northern Chile Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15812-01 IDB Invest The proposed financing to PSA, one of the leading companies in the sugar sector in Central America (CA), and its affiliated companies PCC and Panor, consists of a loan of up to US$100 million (the “Financing”), to be provided as follows: (i) up to US$75 million in a long-term loan (the “LT Loan”); and (ii) up to US$25 million in an uncommitted revolving loan (the “Revolving Loan”). The Borrowers will use the IDB Invest funds as follows: (i) the LT Loan to finance fixed investments, including climate adaptation and resilience investments in Guatemala, as well as investments that strengthen the care and well-being program in Guatemala and Mexico; and (ii) the Revolving Loan to finance working capital related to the production of sugar, molasses, and ethanol, primarily in Guatemala, and their export (the “Project”).The main development objectives of the Financing include: (i) increasing the productivity and climate resilience of Pantaleón’s sugarcane plantations; (ii) reducing resource consumption in Pantaleón’s production processes, particularly water and fertilizers; and (iii) promoting productive linkages within Pantaleón’s value chain, primarily through purchases from independent suppliers. The proposed financing to PSA, one of the leading companies in the sugar sector in Central America (CA), and its affiliated companies PCC and Panor, consists of a loan of up to US$100 million (the “Financing”), to be provided as follows: (i) up to US$75 million in a long-term loan (the “LT Loan”); and (ii) up to US$25 million in an uncommitted revolving loan (the “Revolving Loan”). The Borrowers will use the IDB Invest funds as follows: (i) the LT Loan to finance fixed investments, including climate adaptation and resilience investments in Guatemala, as well as investments that strengthen the care and well-being program in Guatemala and Mexico; and (ii) the Revolving Loan to finance working capital related to the production of sugar, molasses, and ethanol, primarily in Guatemala, and their export (the “Project”).The main development objectives of the Financing include: (i) increasing the productivity and climate resilience of Pantaleón’s sugarcane plantations; (ii) reducing resource consumption in Pantaleón’s production processes, particularly water and fertilizers; and (iii) promoting productive linkages within Pantaleón’s value chain, primarily through purchases from independent suppliers. IDB Invest Pantaleon S.A. (“PSA”), Pantaleon Commodities Corp (“PCC”), Comercializadora Panor SpA (“Panor”) IDB Invest Navarrete, Monica +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Agribusiness 100000000 100000000 100000000 Pantaleon – Advancing Sustainable Agribusiness in Guatemala Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15815-01 IDB Invest The proposed transaction consists of a long-term corporate financing for Irrevocable Trust No. F/2870 (“Fibra Nova”) of up to US$100 million. The proceeds will be used to fund capital expenditures related to the construction and operation of sustainable industrial parks in Mexico, as well as to refinance bridge loans used to initiate recent developments.Fibra Nova is a Mexican FIBRA focused on the development and leasing of industrial and agro-industrial assets, with an emphasis on build-to-suit projects. The proposed transaction consists of a long-term corporate financing for Irrevocable Trust No. F/2870 (“Fibra Nova”) of up to US$100 million. The proceeds will be used to fund capital expenditures related to the construction and operation of sustainable industrial parks in Mexico, as well as to refinance bridge loans used to initiate recent developments.Fibra Nova is a Mexican FIBRA focused on the development and leasing of industrial and agro-industrial assets, with an emphasis on build-to-suit projects. IDB Invest FIDEICOMISO IRREVOCABLE NO F 2870 IDB Invest Aguirre Hernandez, Alma Iliana +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Manufacturing 100000000 100000000 100000000 Fibra Nova - Developing Sustainable Industrial Parks in Mexico Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15824-01 IDB Invest The proposed financing consists of a loan of up to US$125 million for Trabajos Marítimos S.A. (Tramarsa) and Terminal Internacional del Sur S.A. (Tisur) to restructure Tramarsa’s and Tisur’s existing debt in line with the financial structure planned for the next phase of the Matarani Port Terminal expansion, and to finance the technical, environmental, engineering, and financial studies that will support such expansion.The objective of the port expansion is to increase its capacity and operational efficiency to handle higher cargo volumes and strengthen regional connectivity and competitiveness by reducing logistics costs and transit times. The proposed financing consists of a loan of up to US$125 million for Trabajos Marítimos S.A. (Tramarsa) and Terminal Internacional del Sur S.A. (Tisur) to restructure Tramarsa’s and Tisur’s existing debt in line with the financial structure planned for the next phase of the Matarani Port Terminal expansion, and to finance the technical, environmental, engineering, and financial studies that will support such expansion.The objective of the port expansion is to increase its capacity and operational efficiency to handle higher cargo volumes and strengthen regional connectivity and competitiveness by reducing logistics costs and transit times. IDB Invest Terminal Internacional del Sur SA IDB Invest Fernandez Alvarez de Lugo, Monica +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Transport 125000000 125000000 125000000 Financing for the Expansion of the Port of Matarani in Peru Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15825-01 IDB Invest The proposed investment consists of a short-term revolving credit facility of up to US$700 million for POSCO Argentina S.A.U. The facility will include a Tranche A of up to US$250 million from IDB Invest and a Tranche B of up to US$450 million from commercial banks. This investment will support the development, start-up, and gradual ramp-up of production at Sal de Oro project, located in the Salar del Hombre Muerto, in the provinces of Salta and Catamarca, Argentina. The initiative includes a plant with an estimated capacity of up to 25,000 tons per year of lithium hydroxide and another with an estimated capacity of up to 23,000 tons per year of lithium carbonate. The proposed investment consists of a short-term revolving credit facility of up to US$700 million for POSCO Argentina S.A.U. The facility will include a Tranche A of up to US$250 million from IDB Invest and a Tranche B of up to US$450 million from commercial banks. This investment will support the development, start-up, and gradual ramp-up of production at Sal de Oro project, located in the Salar del Hombre Muerto, in the provinces of Salta and Catamarca, Argentina. The initiative includes a plant with an estimated capacity of up to 25,000 tons per year of lithium hydroxide and another with an estimated capacity of up to 23,000 tons per year of lithium carbonate. IDB Invest Posco Argentina S.A.U. IDB Invest Beretta Tassano, Patricio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Manufacturing 250000000 250000000 250000000 Sal de Oro: Supporting the Expansion of Lithium Production in Argentina Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15847-01 IDB Invest The Project consists of a senior unsecured corporate loan to Companhia de Saneamento Básico do Estado de São Paulo (“SABESP”) to fund investments needed to support the company to achieve the sewage universalization goals, expanding sewage collection, and treatment services from 85% to 99% of the population in the State of São Paulo, Brazil.The loan will be labeled Blue for its investments in sustainable wastewater management and pollution prevention, listed as eligible blue project categories. The Project consists of a senior unsecured corporate loan to Companhia de Saneamento Básico do Estado de São Paulo (“SABESP”) to fund investments needed to support the company to achieve the sewage universalization goals, expanding sewage collection, and treatment services from 85% to 99% of the population in the State of São Paulo, Brazil.The loan will be labeled Blue for its investments in sustainable wastewater management and pollution prevention, listed as eligible blue project categories. IDB Invest COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULOSABESP IDB Invest Cabral Da Silva Porto, Adriane +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Water and Sanitation 200000000 200000000 200000000 SABESP: Accelerating Universal Sanitation In São Paulo With Brazil’s First Blue A/B Structure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15863-01 IDB Invest IDB Invest is considering providing up to US$12 million in long-term financing to Apps Solutions International Inc. (“Applaudo” or the “Company”), a company incorporated in Panama. The proposed financing package includes a senior A Loan of up to US$4 million from IDB Invest and a senior B Loan of up to US$8 million by third parties. The proposed financing will be used to (i) fund capital expenditures for the development of new products, (ii) implement operational efficiency improvements, (iii) carry out key technological upgrades, (iv) support workforce expansion through the hiring of additional personnel, and (v) strengthen its overall financial position.The objective of the proposed financing is to support Applaudo’s growth and enhance its competitiveness in the digital services sector, contributing to the expansion of high-value digital capabilities and services across its markets in El Salvador. IDB Invest is considering providing up to US$12 million in long-term financing to Apps Solutions International Inc. (“Applaudo” or the “Company”), a company incorporated in Panama. The proposed financing package includes a senior A Loan of up to US$4 million from IDB Invest and a senior B Loan of up to US$8 million by third parties. The proposed financing will be used to (i) fund capital expenditures for the development of new products, (ii) implement operational efficiency improvements, (iii) carry out key technological upgrades, (iv) support workforce expansion through the hiring of additional personnel, and (v) strengthen its overall financial position.The objective of the proposed financing is to support Applaudo’s growth and enhance its competitiveness in the digital services sector, contributing to the expansion of high-value digital capabilities and services across its markets in El Salvador. IDB Invest App Solutions International Inc IDB Invest Caicedo Toro, Andres Felipe +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Digital Economy 4000000 4000000 4000000 Applaudo El Salvador Digital transformation financing Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15868-01 IDB Invest The Vientos Bonaerenses III and IV project (the “Project”) involves the construction of two wind farms (Vientos Bonaerenses III or “VBIII” and Vientos Bonaerenses IV or “VBIV”) in the municipalities of Tornquist (VBIII) and Bahía Blanca (VBIV), in the province of Buenos Aires. The Project, which will consist of 16 wind turbines (8 per farm) and have a total installed capacity of 99.1 MW, includes the supply, installation, engineering, procurement, and construction of: i) the VBIII and VBIV wind farms; ii) an expansion of the existing 33 kV electrical substation to evacuate the energy generated to the Argentine Interconnection System (“SADI”) through the Tres Picos 132/33 kV Transformation Station; iii) an internal underground medium-voltage and communication network; iv) an operation and maintenance building; and v) access roads and auxiliary roads within the farms. The Vientos Bonaerenses III and IV project (the “Project”) involves the construction of two wind farms (Vientos Bonaerenses III or “VBIII” and Vientos Bonaerenses IV or “VBIV”) in the municipalities of Tornquist (VBIII) and Bahía Blanca (VBIV), in the province of Buenos Aires. The Project, which will consist of 16 wind turbines (8 per farm) and have a total installed capacity of 99.1 MW, includes the supply, installation, engineering, procurement, and construction of: i) the VBIII and VBIV wind farms; ii) an expansion of the existing 33 kV electrical substation to evacuate the energy generated to the Argentine Interconnection System (“SADI”) through the Tres Picos 132/33 kV Transformation Station; iii) an internal underground medium-voltage and communication network; iv) an operation and maintenance building; and v) access roads and auxiliary roads within the farms. IDB Invest Energética Argentina S.A. IDB Invest Duhart, Martin Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Energy 20000000 20000000 20000000 Energética Argentina - Wind Farm Expansion in Bahía Blanca Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15866-01 IDB Invest The Project consists of a Public-Private Partnership (PPP) contract for the design, financing, construction, operation, and maintenance of National Route No. 1 in Paraguay (the “Project”), to be awarded by the Ministry of Public Works and Communications (MOPC). The Project primarily involves the expansion and modernization of approximately 108 km of existing operational road segments (brownfield), including the duplication to four lanes, as well as the construction of bridges, interchanges, and bypasses to divert traffic from urban areas. The PPP contract will have a 30-year term. For execution and revenue calculation purposes under the contract, the Project is divided into 18 sections or functional units, each with a specific weighting. The Project consists of a Public-Private Partnership (PPP) contract for the design, financing, construction, operation, and maintenance of National Route No. 1 in Paraguay (the “Project”), to be awarded by the Ministry of Public Works and Communications (MOPC). The Project primarily involves the expansion and modernization of approximately 108 km of existing operational road segments (brownfield), including the duplication to four lanes, as well as the construction of bridges, interchanges, and bypasses to divert traffic from urban areas. The PPP contract will have a 30-year term. For execution and revenue calculation purposes under the contract, the Project is divided into 18 sections or functional units, each with a specific weighting. IDB Invest Consorcio Rutas del Mercosur IDB Invest Imas Innella, Ignacio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Transport 135000000 135000000 135000000 Paraguay Route 1 Project – Mercosur Routes Consortium Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15861-01 IDB Invest Paracel S.A. (“Paracel,” the “Company,” or the “Client”) is developing a large-scale pulp project in Concepción and Amambay, Paraguay, which includes the construction of an industrial plant for bleached eucalyptus Kraft pulp, with an annual production capacity of 1.8 million tons, a forestry program covering 203,000 hectares, and various complementary civil works, (i.e., power lines, substations, port, and access roads) the “Pulp Project”. The Pulp Project was approved by IDB Invest in 2022, and since then, Paracel has been complying with the requirements established in both IDB Invest’s Environmental and Social Sustainability Policy and the Environmental and Social Action Plan agreed upon by the parties. Paracel S.A. (“Paracel,” the “Company,” or the “Client”) is developing a large-scale pulp project in Concepción and Amambay, Paraguay, which includes the construction of an industrial plant for bleached eucalyptus Kraft pulp, with an annual production capacity of 1.8 million tons, a forestry program covering 203,000 hectares, and various complementary civil works, (i.e., power lines, substations, port, and access roads) the “Pulp Project”. The Pulp Project was approved by IDB Invest in 2022, and since then, Paracel has been complying with the requirements established in both IDB Invest’s Environmental and Social Sustainability Policy and the Environmental and Social Action Plan agreed upon by the parties. IDB Invest PARACEL S.A. IDB Invest Buzo Rolandi, Jose +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Manufacturing 120000000 120000000 120000000 Paracel: Sustainable Forestry and Competitive Infrastructure Financing Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15873-01 IDB Invest The transaction consists of a joint securitization through the issuance of Fiduciary Securities Certificates (senior debt) for up to $1,000 million Mexican pesos, within a program of up to $2,000 million Mexican pesos, structured through an issuer trust with Banco Multiva as trustee, and backed by productive credit portfolios originated by Multiple Purpose Financial Companies (“SOFOMs”), AFIX, ATREVUS, COFINE, FTV and Grupo KELQ. The issuance will have a term of up to 6 years, with 18 months of revolving period, subsequent full-turbo amortization. The structure incorporates multi-originator diversification, interest rate hedging and a partial financial guarantee from FIRA and NAFIN for up to 18% each, which allows achieving a AAA local target rating. The resources will be allocated to finance and refinance productive credits to MSMEs, under a social label issuance, with the objective of improving access to long-term funding for SOFOMs in the productive sector, reducing financial costs and strengthening financial inclusion and economic development. The transaction consists of a joint securitization through the issuance of Fiduciary Securities Certificates (senior debt) for up to $1,000 million Mexican pesos, within a program of up to $2,000 million Mexican pesos, structured through an issuer trust with Banco Multiva as trustee, and backed by productive credit portfolios originated by Multiple Purpose Financial Companies (“SOFOMs”), AFIX, ATREVUS, COFINE, FTV and Grupo KELQ. The issuance will have a term of up to 6 years, with 18 months of revolving period, subsequent full-turbo amortization. The structure incorporates multi-originator diversification, interest rate hedging and a partial financial guarantee from FIRA and NAFIN for up to 18% each, which allows achieving a AAA local target rating. The resources will be allocated to finance and refinance productive credits to MSMEs, under a social label issuance, with the objective of improving access to long-term funding for SOFOMs in the productive sector, reducing financial costs and strengthening financial inclusion and economic development. IDB Invest Fideicomiso emisor SOFOMCB 26X IDB Invest Simon Mugica, Armando +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Financial Institutions 57260300 57260300 57260300 Mexican NBFI Regulatory Enhancement Transition Bond in Mexico Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15876-01 IDB Invest The Project involves the construction, operation, and maintenance of water distribution and sewage collection and treatment services across 74 municipalities in the state of Sergipe, Brazil, directly benefiting approximately 2.3 million people. The Project is governed by a 35‑year concession agreement granted to Iguá Sergipe S.A.Total capital expenditures are estimated at approximately R$6 billion through 2033, allocated to water supply and sanitation investments. Water-related capex will focus on expanding and rehabilitating distribution networks and replacing water meters as part of a water‑loss reduction program. Sanitation investments will include the development of new sewage collection networks and interceptors, the construction of new wastewater treatment plants, and the installation of new sewage pumping stations. The Project involves the construction, operation, and maintenance of water distribution and sewage collection and treatment services across 74 municipalities in the state of Sergipe, Brazil, directly benefiting approximately 2.3 million people. The Project is governed by a 35‑year concession agreement granted to Iguá Sergipe S.A.Total capital expenditures are estimated at approximately R$6 billion through 2033, allocated to water supply and sanitation investments. Water-related capex will focus on expanding and rehabilitating distribution networks and replacing water meters as part of a water‑loss reduction program. Sanitation investments will include the development of new sewage collection networks and interceptors, the construction of new wastewater treatment plants, and the installation of new sewage pumping stations. IDB Invest Igua Sergipe SA IDB Invest Cabral Da Silva Porto, Adriane +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Water and Sanitation 208664000 208664000 208664000 Iguá Sergipe: Universalization And Modernization Of Water And Sanitation Services Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15900-01 IDB Invest The APP La Dorada – Chiriguaná Railway Corridor is a strategic initiative led by the National Infrastructure Agency (ANI) to reactivate freight rail transport in Colombia, promoting intermodality and logistical efficiency. The project involves the construction, rehabilitation, improvement, commissioning, operation, and maintenance of a railway corridor of approximately 525 kilometers, connecting the municipalities of La Dorada (Caldas) and Chiriguaná (Cesar), and crossing five departments and twenty-five municipalities. It also includes the modernization of administrative and operational infrastructure, such as control buildings, workshops, communication and signaling systems, as well as the construction of logistics centers for cargo transfer.The scope of the project covers three main functional units: (1) the rehabilitation and operation of the railway corridor and its branches, (2) the construction and operation of administrative and operational control infrastructure, and (3) the logistics infrastructure for cargo transfer services. The project aims to strengthen connectivity between the country’s center and the Caribbean coast, boost foreign trade, energize local economies, and improve road and pedestrian safety in the areas of influence. It also encourages the hiring of local labor, the participation of regional suppliers, and the improvement of educational infrastructure, contributing to environmental sustainability through the reduction of CO₂ emissions and efficient resource use. The APP La Dorada – Chiriguaná Railway Corridor is a strategic initiative led by the National Infrastructure Agency (ANI) to reactivate freight rail transport in Colombia, promoting intermodality and logistical efficiency. The project involves the construction, rehabilitation, improvement, commissioning, operation, and maintenance of a railway corridor of approximately 525 kilometers, connecting the municipalities of La Dorada (Caldas) and Chiriguaná (Cesar), and crossing five departments and twenty-five municipalities. It also includes the modernization of administrative and operational infrastructure, such as control buildings, workshops, communication and signaling systems, as well as the construction of logistics centers for cargo transfer.The scope of the project covers three main functional units: (1) the rehabilitation and operation of the railway corridor and its branches, (2) the construction and operation of administrative and operational control infrastructure, and (3) the logistics infrastructure for cargo transfer services. The project aims to strengthen connectivity between the country’s center and the Caribbean coast, boost foreign trade, energize local economies, and improve road and pedestrian safety in the areas of influence. It also encourages the hiring of local labor, the participation of regional suppliers, and the improvement of educational infrastructure, contributing to environmental sustainability through the reduction of CO₂ emissions and efficient resource use. IDB Invest Sacos de Polipropileno Especializados, S.A. de C.V. IDB Invest Fandino Reyes, Christian Alejandro +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Transport 300000000 300000000 300000000 La Dorada – Chiriguaná Railway Corridor Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15913-01 IDB Invest This operation consists of a loan to Alimentos Kowi S.A. de C.V., Porcikowi S.A. de C.V., Genetikowi S.A. de C.V., and Nutrikowi S.A. de C.V. (collectively, the “Companies”), subsidiaries of Grupo Kowi S.A. de C.V. (“Kowi”), to finance: (i) working capital needs; and (ii) capital expenditures (“CAPEX”) related to (a) the expansion of the Processing Plant, (b) sales and marketing infrastructure, and (c) improvements to the Processing Plant’s wastewater treatment system (the “Project”). This operation consists of a loan to Alimentos Kowi S.A. de C.V., Porcikowi S.A. de C.V., Genetikowi S.A. de C.V., and Nutrikowi S.A. de C.V. (collectively, the “Companies”), subsidiaries of Grupo Kowi S.A. de C.V. (“Kowi”), to finance: (i) working capital needs; and (ii) capital expenditures (“CAPEX”) related to (a) the expansion of the Processing Plant, (b) sales and marketing infrastructure, and (c) improvements to the Processing Plant’s wastewater treatment system (the “Project”). IDB Invest Alimentos Kowi S.A. de C.V. IDB Invest De la Fuente, Miguel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Mexico Mexico Agribusiness 29052700 29052700 29052700 KOWI - Supporting working capital and capex requirements in Mexico Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15923-01 IDB Invest Bern Hotels & Resorts (BHR), through Vareen Assets Corporation, seeks up to US$150 million in financing through its bond issuance program, registered with the Superintendence of the Securities Market of the Republic of Panama (SMV) and listed for public offering on the Latin American Stock Exchange (Latinex). The initial issuances expected under the program amount to US$70 million, to be placed through different bond series. IDB Invest will participate as an anchor investor, subscribing up to US$30 million in one of the series under the program, while other investors will subscribe the remaining amount of up to US$40 million through additional series.This financing represents the first Sustainability-Linked Bond (SLB) in Panama’s hotel industry and is expected to set a benchmark for sustainability. In addition to its role as anchor investor, IDB Invest will advise on the preparation of the Sustainability-Linked Bonds Framework (SLB Bonds Framework), strengthening the financing structure and aligning it with international sustainability standards. IDB Invest’s participation aims to send a positive signal to Panama’s capital markets, supporting the development of innovative financial instruments and promoting best practices in environmental, social, and governance matters. Bern Hotels & Resorts (BHR), through Vareen Assets Corporation, seeks up to US$150 million in financing through its bond issuance program, registered with the Superintendence of the Securities Market of the Republic of Panama (SMV) and listed for public offering on the Latin American Stock Exchange (Latinex). The initial issuances expected under the program amount to US$70 million, to be placed through different bond series. IDB Invest will participate as an anchor investor, subscribing up to US$30 million in one of the series under the program, while other investors will subscribe the remaining amount of up to US$40 million through additional series.This financing represents the first Sustainability-Linked Bond (SLB) in Panama’s hotel industry and is expected to set a benchmark for sustainability. In addition to its role as anchor investor, IDB Invest will advise on the preparation of the Sustainability-Linked Bonds Framework (SLB Bonds Framework), strengthening the financing structure and aligning it with international sustainability standards. IDB Invest’s participation aims to send a positive signal to Panama’s capital markets, supporting the development of innovative financial instruments and promoting best practices in environmental, social, and governance matters. IDB Invest Vareen Assets Corporation IDB Invest Arevalo, Daniel Jose +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Tourism 30000000 30000000 30000000 Bern Hotels - SLB Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15931-01 IDB Invest The proposed transaction consists of a senior secured A/B loan of up to US$60 million to Interpack S.A., a leading packaging Company in Argentina and the main operating entity of Grupo HZ, a regional industrial group. The financing includes a committed tranche of US$40 million, comprised of a US$20 million IDB Invest A loan and a US$20 million B loan, as well as an additional uncommitted tranche of up to US$20 million for potential future investments. The funds will be used to finance capital investments for the development of a corrugated cardboard plant, including civil works and the acquisition of industrial machinery. This will allow for increased production of value-added products, import substitution, and the promotion of local procurement, as well as the creation of formal employment opportunities. In addition, IDB Invest will support Grupo HZ through action plans aligned with international environmental, social, and corporate governance standards, together with technical assistance focused on energy resilience, operational reliability, and expanding workforce opportunities. The proposed transaction consists of a senior secured A/B loan of up to US$60 million to Interpack S.A., a leading packaging Company in Argentina and the main operating entity of Grupo HZ, a regional industrial group. The financing includes a committed tranche of US$40 million, comprised of a US$20 million IDB Invest A loan and a US$20 million B loan, as well as an additional uncommitted tranche of up to US$20 million for potential future investments. The funds will be used to finance capital investments for the development of a corrugated cardboard plant, including civil works and the acquisition of industrial machinery. This will allow for increased production of value-added products, import substitution, and the promotion of local procurement, as well as the creation of formal employment opportunities. In addition, IDB Invest will support Grupo HZ through action plans aligned with international environmental, social, and corporate governance standards, together with technical assistance focused on energy resilience, operational reliability, and expanding workforce opportunities. IDB Invest Interpack S.A. IDB Invest Veiga Perez, Matias Angel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Manufacturing 40000000 40000000 40000000 HZ Group: Expansion of Sustainable Packaging Capacity in Argentina Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15929-01 IDB Invest The Project consists of a senior unsecured revolving Working Capital facility of up to US$7 million to support further growth of Small and Medium-Sized Enterprises (“SMEs”) in Suriname. The growth trajectory is underpinned by Suriname’s anticipated economic growth expected to initiate from 2028, which is set to boost the Gross Domestic Product (“GDP”), government revenues and employment, presenting significant opportunities for a strong expansion of the financial sector and local entrepreneurs. It is expected that this project will contribute to the growth of Trustbank Amanah loan portfolio, especially in the agricultural sector. The project strongly aligns with IDB Invest’s mandate to catalyze private sector development in underserved markets. The Project consists of a senior unsecured revolving Working Capital facility of up to US$7 million to support further growth of Small and Medium-Sized Enterprises (“SMEs”) in Suriname. The growth trajectory is underpinned by Suriname’s anticipated economic growth expected to initiate from 2028, which is set to boost the Gross Domestic Product (“GDP”), government revenues and employment, presenting significant opportunities for a strong expansion of the financial sector and local entrepreneurs. It is expected that this project will contribute to the growth of Trustbank Amanah loan portfolio, especially in the agricultural sector. The project strongly aligns with IDB Invest’s mandate to catalyze private sector development in underserved markets. IDB Invest Trustbank Amanah IDB Invest Ghisiawan, Nawien Avinash Vishal +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Suriname Suriname Financial Institutions 7000000 7000000 7000000 Trustbank Amanah: Working Capital Line Supporting SMEs in Suriname Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15935-01 IDB Invest The proposed transaction consists of a senior loan of up to US$40 million (not exceeding 20% of the Fund’s Total Investment Commitments), comprising a committed tranche of US$20 million and an uncommitted tranche of US$20 million, to the Accial Credit Impact Fund (“ACIF”). ACIF focuses on providing senior, asset backed financing to technology enabled non-bank lenders and fintechs that serve Micro, Small, and Medium-Sized Enterprises (“MSMEs”) and consumers in emerging markets, primarily in Latin America and Asia. At least 50% of the Fund’s Total Investment Commitments will be allocated to transactions in Latin America and the Caribbean (“LAC”). The proposed transaction consists of a senior loan of up to US$40 million (not exceeding 20% of the Fund’s Total Investment Commitments), comprising a committed tranche of US$20 million and an uncommitted tranche of US$20 million, to the Accial Credit Impact Fund (“ACIF”). ACIF focuses on providing senior, asset backed financing to technology enabled non-bank lenders and fintechs that serve Micro, Small, and Medium-Sized Enterprises (“MSMEs”) and consumers in emerging markets, primarily in Latin America and Asia. At least 50% of the Fund’s Total Investment Commitments will be allocated to transactions in Latin America and the Caribbean (“LAC”). IDB Invest Accial Capital Debt Fund IDB Invest Parodi Serpa, Alberto Enrique +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 40000000 40000000 40000000 Accial Credit Impact Fund: Promoting Financial Health through Digital Platforms Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15947-01 IDB Invest Corporación Favorita is a leading retail conglomerate in Ecuador and the country’s largest supermarket operator, with a diversified portfolio that includes supermarket formats, wholesale operations, and e-commerce. It operates in Panama through its subsidiary Rey Holding Corp, as well as in other Latin American countries.The proposed financing includes a package of up to US$58 million, with a tenor of up to 5 years, structured to support strategic growth and sustainability initiatives focused on the Group’s operations in Panama. It comprises: (i) a committed secured senior loan of up to US$30 million, provided by IDB Invest and mobilization resources, primarily intended to finance the expansion of the Distribution Center in Panama and, to a lesser extent, the refinancing of medium-term debt to extend maturities; (ii) a secured senior loan of up to US$3 million with concessional resources, aimed at implementing a pilot battery energy storage system (BESS) project in Panama, potentially the first at industrial scale; and (iii) an uncommitted secured senior loan of up to US$25 million, which may be used to finance future growth and investment needs in Panama or Ecuador. Corporación Favorita is a leading retail conglomerate in Ecuador and the country’s largest supermarket operator, with a diversified portfolio that includes supermarket formats, wholesale operations, and e-commerce. It operates in Panama through its subsidiary Rey Holding Corp, as well as in other Latin American countries.The proposed financing includes a package of up to US$58 million, with a tenor of up to 5 years, structured to support strategic growth and sustainability initiatives focused on the Group’s operations in Panama. It comprises: (i) a committed secured senior loan of up to US$30 million, provided by IDB Invest and mobilization resources, primarily intended to finance the expansion of the Distribution Center in Panama and, to a lesser extent, the refinancing of medium-term debt to extend maturities; (ii) a secured senior loan of up to US$3 million with concessional resources, aimed at implementing a pilot battery energy storage system (BESS) project in Panama, potentially the first at industrial scale; and (iii) an uncommitted secured senior loan of up to US$25 million, which may be used to finance future growth and investment needs in Panama or Ecuador. IDB Invest CORPORACION FAVORITA CA IDB Invest Olazo Baracco, Ericka +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Manufacturing 110000000 110000000 110000000 Corporación Favorita: Promoting investment in Panama Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15949-01 IDB Invest The Project consists of an unsecured senior A/B loan of up to US$200 million, to be granted to Banco del País ("Banpaís" or "the Bank"), with a term of up to five years from disbursement. IDB Invest will fund up to US$50 million of the loan (with the possibility of an additional uncommitted tranche of approximately US$50 million additional), while the remaining portion (approximately US$100 million) will be covered by one or more external participants. The implementation of a Technical Advisory provided by IDB Invest will be evaluated together with Banpaís, aimed at strengthening the Bank's capacities in relation to the target portfolio. The main objective of the financing is to expand the Bank's credit portfolios and financing towards projects focused on small and medium-sized enterprises (including women entrepreneurs) in Honduras. The transaction may also be complemented with blended finance resources from the We‑Fi fund, aimed at encouraging access to financing for women-owned Small and Medium-Sized Enterprises (“SMEs”). The Project consists of an unsecured senior A/B loan of up to US$200 million, to be granted to Banco del País ("Banpaís" or "the Bank"), with a term of up to five years from disbursement. IDB Invest will fund up to US$50 million of the loan (with the possibility of an additional uncommitted tranche of approximately US$50 million additional), while the remaining portion (approximately US$100 million) will be covered by one or more external participants. The implementation of a Technical Advisory provided by IDB Invest will be evaluated together with Banpaís, aimed at strengthening the Bank's capacities in relation to the target portfolio. The main objective of the financing is to expand the Bank's credit portfolios and financing towards projects focused on small and medium-sized enterprises (including women entrepreneurs) in Honduras. The transaction may also be complemented with blended finance resources from the We‑Fi fund, aimed at encouraging access to financing for women-owned Small and Medium-Sized Enterprises (“SMEs”). IDB Invest BANCO DEL PAIS S.A. IDB Invest Joya Silva, Sindy Elena +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Financial Institutions 100000000 100000000 100000000 Banpaís Honduras: Senior Financing for SMEs Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15963-01 IDB Invest The transaction consists of a secured A/B Loan of up to US$196 million, extended to ENA Norte Trust II —a trust established solely as a financing vehicle, the proceeds of which will be applied for the benefit of ENA Norte, S.A., concessionaire of the Corredor Norte—, to optimize the capital structure of the Corredor Norte Concession and finance priority investments, including rehabilitation and improvement works within the existing right-of-way. These investments are expected to strengthen the toll road’s operations, improve its infrastructure, and help address ongoing mobility needs. The transaction consists of a secured A/B Loan of up to US$196 million, extended to ENA Norte Trust II —a trust established solely as a financing vehicle, the proceeds of which will be applied for the benefit of ENA Norte, S.A., concessionaire of the Corredor Norte—, to optimize the capital structure of the Corredor Norte Concession and finance priority investments, including rehabilitation and improvement works within the existing right-of-way. These investments are expected to strengthen the toll road’s operations, improve its infrastructure, and help address ongoing mobility needs. IDB Invest ENA Norte Trust II IDB Invest Ulloa Baez, Eric Manuel +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Transport 96000000 96000000 96000000 ENA Norte: Capital Structure Optimization & Investment Program for Corredor Norte - Panama Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15962-01 IDB Invest The proposed transaction consists of a renewable, unsecured senior A/B loan to Banco Comafi S.A. (“Comafi”) for an amount of up to US$100 million, comprised of: (i) Tranche I: a committed tranche consisting of an A Loan of up to US$25 million to be financed by IDB Invest; (ii) Tranche II: an uncommitted tranche consisting of an A Loan of up to US$25 million to be financed by IDB Invest; and (iii) an approximately US$50 million B Loan to be financed by institutional investors. The transaction will have a tenor of up to three years, with up to one year grace period and the possibility of renewal at the sole discretion of IDB Invest for up to two additional periods of up to three years each. The objective of the transaction is to support Banco Comafi in the growth of its Small and Medium-Sized Enterprise (“SME”) loan portfolio in Argentina. The proposed transaction consists of a renewable, unsecured senior A/B loan to Banco Comafi S.A. (“Comafi”) for an amount of up to US$100 million, comprised of: (i) Tranche I: a committed tranche consisting of an A Loan of up to US$25 million to be financed by IDB Invest; (ii) Tranche II: an uncommitted tranche consisting of an A Loan of up to US$25 million to be financed by IDB Invest; and (iii) an approximately US$50 million B Loan to be financed by institutional investors. The transaction will have a tenor of up to three years, with up to one year grace period and the possibility of renewal at the sole discretion of IDB Invest for up to two additional periods of up to three years each. The objective of the transaction is to support Banco Comafi in the growth of its Small and Medium-Sized Enterprise (“SME”) loan portfolio in Argentina. IDB Invest Banco Comafi S.A. IDB Invest Paredes, Cristina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions 50000000 50000000 50000000 Comafi: Senior A/B Loan to Support SMEs in Argentina Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15936-01 IDB Invest The proposed transaction consists of a financing of up to US$15 million that will enable Coval Servicios Financieros SpA (“Coval”) to expand its factoring and financial leasing operations with Small and Medium-Sized Enterprises (“SMEs”) in Chile, Peru, and Colombia. The transaction includes: (i) a senior unsecured loan of up to US$10 million to be financed by IDB Invest, with a tenor of up to one year, renewable for up to four additional periods of up to one year each, at IDB Invest’s discretion; and (ii) an uncommitted revolving credit facility of up to US$5 million or its equivalent in Colombian pesos. The loan proceeds will be used to finance SMEs through factoring and financial leasing transactions and to support Coval’s regional expansion process into Peru and Colombia. The proposed transaction consists of a financing of up to US$15 million that will enable Coval Servicios Financieros SpA (“Coval”) to expand its factoring and financial leasing operations with Small and Medium-Sized Enterprises (“SMEs”) in Chile, Peru, and Colombia. The transaction includes: (i) a senior unsecured loan of up to US$10 million to be financed by IDB Invest, with a tenor of up to one year, renewable for up to four additional periods of up to one year each, at IDB Invest’s discretion; and (ii) an uncommitted revolving credit facility of up to US$5 million or its equivalent in Colombian pesos. The loan proceeds will be used to finance SMEs through factoring and financial leasing transactions and to support Coval’s regional expansion process into Peru and Colombia. IDB Invest Comercial de Valores Factoring SpA. (COVAL) IDB Invest Paredes, Cristina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Financial Institutions 10000000 10000000 10000000 COVAL: Senior Loan to support SMEs and Regional Expansion in Chile, Perú, and Colombia Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15970-01 IDB Invest The proposed transaction consists of an unsecured senior A/B loan to Banco Macro S.A. (“Macro” or the “Bank”), in an amount of up to US$200 million, comprising: (i) Committed Tranche I: consisting of an A Loan of up to US$50 million to be financed by IDB Invest; (ii) Uncommitted Tranche II: consisting of an A Loan of up to US$50 million, to be financed by IDB Invest; and (iii) a B Loan in an amount of approximately up to US$100 million to be financed by institutional investors. The transaction will have a term of up to seven years, with a grace period of up to two years. The objective of the transaction is to support Macro in growing its portfolio of Small and Medium-Sized Enterprises (“SMEs”) and Medium-Sized Plus Enterprises (“SME Plus”) in Argentina. The proposed transaction consists of an unsecured senior A/B loan to Banco Macro S.A. (“Macro” or the “Bank”), in an amount of up to US$200 million, comprising: (i) Committed Tranche I: consisting of an A Loan of up to US$50 million to be financed by IDB Invest; (ii) Uncommitted Tranche II: consisting of an A Loan of up to US$50 million, to be financed by IDB Invest; and (iii) a B Loan in an amount of approximately up to US$100 million to be financed by institutional investors. The transaction will have a term of up to seven years, with a grace period of up to two years. The objective of the transaction is to support Macro in growing its portfolio of Small and Medium-Sized Enterprises (“SMEs”) and Medium-Sized Plus Enterprises (“SME Plus”) in Argentina. IDB Invest BANCO MACRO S.A. IDB Invest Astudillo Lira, Maria Belen +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Financial Institutions 100000000 100000000 100000000 Banco Macro: A/B Loan to Support Productive Financing for SME in Argentina Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15968-01 IDB Invest The proposed transaction consists of a corporate loan of up to US$80 million to Jamaica Public Service Company Limited (“JPS” or the “Borrower”) to provide liquidity required by the company following the unplanned expenditure of more than US$300 million to pay for restoration works due to the impact of Hurricane Melissa, including works required to (i) repair, replace, expand and upgrade generation, transmission and distribution assets, (ii) install and/or repair the Borrower’s telecommunication infrastructure, (iii) upgrade to climate resilient infrastructure, and (iv) install or upgrade energy efficiency and energy storage solutions. The US$80 million loan will be composed of (i) an IDB Invest A Loan for up to US$50 million to (a) refinance debt service payments coming due in the next three years; (b) restore the Borrower’s disaster relief liquidity fund; (c) pay the cost of additional restoration works and capital expenditures expected during the period from 2026-2029, and (ii) an up to US$30 million Blended Finance Loan to (a) repair, replace, expand and upgrade generation, transmission and distribution assets, (b) install or repair the Borrower’s telecommunication infrastructure, (c) upgrade to climate resilient infrastructure, and (d) install or upgrade energy efficiency and energy storage solutions, among other works to be agreed upon between IDB Invest and the Borrower. The financing will have a tenor of up to three (3) years. The proposed transaction consists of a corporate loan of up to US$80 million to Jamaica Public Service Company Limited (“JPS” or the “Borrower”) to provide liquidity required by the company following the unplanned expenditure of more than US$300 million to pay for restoration works due to the impact of Hurricane Melissa, including works required to (i) repair, replace, expand and upgrade generation, transmission and distribution assets, (ii) install and/or repair the Borrower’s telecommunication infrastructure, (iii) upgrade to climate resilient infrastructure, and (iv) install or upgrade energy efficiency and energy storage solutions. The US$80 million loan will be composed of (i) an IDB Invest A Loan for up to US$50 million to (a) refinance debt service payments coming due in the next three years; (b) restore the Borrower’s disaster relief liquidity fund; (c) pay the cost of additional restoration works and capital expenditures expected during the period from 2026-2029, and (ii) an up to US$30 million Blended Finance Loan to (a) repair, replace, expand and upgrade generation, transmission and distribution assets, (b) install or repair the Borrower’s telecommunication infrastructure, (c) upgrade to climate resilient infrastructure, and (d) install or upgrade energy efficiency and energy storage solutions, among other works to be agreed upon between IDB Invest and the Borrower. The financing will have a tenor of up to three (3) years. IDB Invest Jamaica Public Service Company Limited IDB Invest Monje, Marco +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Jamaica Jamaica Energy 50000000 50000000 50000000 JPS: Hurricane Melissa Recovery Program Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15972-01 IDB Invest The Project aims to provide an unsecured senior A/B loan of up to US$210.35 million (the “Project” or the “Financing”) in Honduras. The IDB Invest portion will consist of: (i) Tranche I: a committed senior loan of up to US$50 million; and (ii) Tranche II: an uncommitted senior loan of up to US$50 million. The financing will also include a mobilization of approximately US$110 million, provided by: (i) a loan from the JICA Trust Fund Achieving Development in Latin America and the Caribbean, a fund managed by the IDB Group (“TADAC Fund”), in the amount of up to US$60 million; and (ii) a parallel loan from the Société de Promotion et de Participation pour la Coopération Économique (“Proparco”) of up to US$50 million. Finally, the Project includes a Blended Finance (“BLF”) component of up to US$350,000, which will be provided by the Women Entrepreneurs Finance Initiative (“We-Fi”), subject to the achievement of growth targets for its portfolio of women-owned or women-led Small and Medium-Sized Enterprises (“SMEs”) and a corporate incentive to improve the non-financial value proposition for Women-Owned SMEs. The project aims to support Banco de América Central Honduras S.A (“BAC Honduras” or the “Bank”) in growing its Micro, Small and Medium-Sized Enterprise (“MSME”) portfolio, including women entrepreneurs as well as projects with an environmental focus. IDB Invest will provide Technical Assistance (“TA”) to strengthen BAC Honduras’s non-financial value proposition for MSMEs and women-led MSMEs through the development of business and financial support modules with an environmental focus. The TA will include capacity building for the Board of Directors in this area. Additionally, the financing will incorporate an Environmental and Social Action Plan (“ESAP”) and Corporate Governance (“CG”) recommendations, aimed at further strengthening the Bank’s alignment with international standards. The Project aims to provide an unsecured senior A/B loan of up to US$210.35 million (the “Project” or the “Financing”) in Honduras. The IDB Invest portion will consist of: (i) Tranche I: a committed senior loan of up to US$50 million; and (ii) Tranche II: an uncommitted senior loan of up to US$50 million. The financing will also include a mobilization of approximately US$110 million, provided by: (i) a loan from the JICA Trust Fund Achieving Development in Latin America and the Caribbean, a fund managed by the IDB Group (“TADAC Fund”), in the amount of up to US$60 million; and (ii) a parallel loan from the Société de Promotion et de Participation pour la Coopération Économique (“Proparco”) of up to US$50 million. Finally, the Project includes a Blended Finance (“BLF”) component of up to US$350,000, which will be provided by the Women Entrepreneurs Finance Initiative (“We-Fi”), subject to the achievement of growth targets for its portfolio of women-owned or women-led Small and Medium-Sized Enterprises (“SMEs”) and a corporate incentive to improve the non-financial value proposition for Women-Owned SMEs. The project aims to support Banco de América Central Honduras S.A (“BAC Honduras” or the “Bank”) in growing its Micro, Small and Medium-Sized Enterprise (“MSME”) portfolio, including women entrepreneurs as well as projects with an environmental focus. IDB Invest will provide Technical Assistance (“TA”) to strengthen BAC Honduras’s non-financial value proposition for MSMEs and women-led MSMEs through the development of business and financial support modules with an environmental focus. The TA will include capacity building for the Board of Directors in this area. Additionally, the financing will incorporate an Environmental and Social Action Plan (“ESAP”) and Corporate Governance (“CG”) recommendations, aimed at further strengthening the Bank’s alignment with international standards. IDB Invest Banco de America Central de Honduras SA BAC Honduras IDB Invest Vargas Castro, Pablo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Honduras Honduras Financial Institutions 100000000 100000000 100000000 BAC HN: Catalyzing Investments in Projects with an Environmental and Social Focus Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-16003-01 IDB Invest The main objective of the project is to encourage Brazilian soybean producers in the Cerrado region to adopt sustainable agricultural practices, specifically the use of cover crops and biological inputs—key practices for restoring soil health and increasing climate resilience across approximately 200,000 hectares of agricultural land—while also promoting the production of deforestation‑free commodities. Through the implementation of these regenerative practices, the project aims to deliver relevant environmental benefits and promote long‑term sustainability in soybean cultivation. IDB Invest is supporting the development of Measurement, Reporting, and Verification (MRV) systems and providing technical assistance to producers to ensure the successful implementation of regenerative practices and the measurement of verifiable environmental impacts. The proposed financing consists of a program with a final maturity of up to six years and a total amount of up to R$1 billion (or the equivalent in USD), under which IDB Invest is considering providing a committed senior loan of up to R$300,000,000, including up to R$150,000,000 in blended finance participation. The main objective of the project is to encourage Brazilian soybean producers in the Cerrado region to adopt sustainable agricultural practices, specifically the use of cover crops and biological inputs—key practices for restoring soil health and increasing climate resilience across approximately 200,000 hectares of agricultural land—while also promoting the production of deforestation‑free commodities. Through the implementation of these regenerative practices, the project aims to deliver relevant environmental benefits and promote long‑term sustainability in soybean cultivation. IDB Invest is supporting the development of Measurement, Reporting, and Verification (MRV) systems and providing technical assistance to producers to ensure the successful implementation of regenerative practices and the measurement of verifiable environmental impacts. The proposed financing consists of a program with a final maturity of up to six years and a total amount of up to R$1 billion (or the equivalent in USD), under which IDB Invest is considering providing a committed senior loan of up to R$300,000,000, including up to R$150,000,000 in blended finance participation. IDB Invest Itaú Unibanco SA. IDB Invest Sarian, Debora +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Agribusiness 30348100 30348100 30348100 Fostering the Adoption of Regenerative Agriculture Practices in Brazil Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-16013-01 IDB Invest Alfin Banco S.A. and IDB Invest are evaluating a senior loan for total amount of up to US$30 million, comprising: (i) a committed tranche from IDB Invest of up to US$10 million, and an uncommitted tranche of up to US$10 million to be disbursed within a maximum of 24 months after the first disbursement; and (ii) mobilization of resources of up to US$10 million. This financing requires Corporación Coril S.A.C. to be included as guarantor. The tenor is up to 36 months with semiannual amortizations. The use of proceeds will be aimed at supporting the growth of the portfolio of microentrepreneurs who currently receive financing through Canal Integra, a consortium between Integra Retail (composed by Carsa, El Gallo más Gallo and Marcimex) and Alfin Banco (consumer credit). Alfin Banco S.A. and IDB Invest are evaluating a senior loan for total amount of up to US$30 million, comprising: (i) a committed tranche from IDB Invest of up to US$10 million, and an uncommitted tranche of up to US$10 million to be disbursed within a maximum of 24 months after the first disbursement; and (ii) mobilization of resources of up to US$10 million. This financing requires Corporación Coril S.A.C. to be included as guarantor. The tenor is up to 36 months with semiannual amortizations. The use of proceeds will be aimed at supporting the growth of the portfolio of microentrepreneurs who currently receive financing through Canal Integra, a consortium between Integra Retail (composed by Carsa, El Gallo más Gallo and Marcimex) and Alfin Banco (consumer credit). IDB Invest Alfin Banco S.A. IDB Invest Diaz Nunez, Jessica Magaly +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Peru Peru Financial Institutions 20000000 20000000 20000000 Alfin Banco: Senior Loan to Support Microentrepreneurs in Peru Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-16015-01 IDB Invest The Ruta PY10 Lot 2 Project involves the construction of a 67‑km section of National Route PY10 in Paraguay, executed under a public works contract awarded by the Ministry of Public Works and Communications to Consorcio Avanza Ruta 10. The project represents an investment of approximately USD 80 million, with an estimated construction period of 24 months. The contractual structure is based on monthly work certifications paid by the Government of Paraguay, complemented by the issuance of U.S. dollar‑indexed interest‑bearing certificates upon completion of defined functional units. IDB Invest proposes to participate through a combination of a working capital facility during construction and a securities purchase facility linked to these certificates. The Ruta PY10 Lot 2 Project involves the construction of a 67‑km section of National Route PY10 in Paraguay, executed under a public works contract awarded by the Ministry of Public Works and Communications to Consorcio Avanza Ruta 10. The project represents an investment of approximately USD 80 million, with an estimated construction period of 24 months. The contractual structure is based on monthly work certifications paid by the Government of Paraguay, complemented by the issuance of U.S. dollar‑indexed interest‑bearing certificates upon completion of defined functional units. IDB Invest proposes to participate through a combination of a working capital facility during construction and a securities purchase facility linked to these certificates. IDB Invest Fideicomiso Ruta 10 IDB Invest Imas Innella, Ignacio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Transport 38000000 38000000 38000000 Financing for Ruta 10 Paraguay - Lote 2 - Consorcio Avanza Ruta 10 Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-16025-01 IDB Invest The Transaction is a committed, unsecured, revolving senior import finance facility of up to US$5,000,000. The facility will enable 2020 FMCG Inc. to finance equipment and material purchases from approved suppliers to support ongoing solar photovoltaic (PV) and Battery Energy Storage System (BESS) projects in Guyana and to fund current and future working capital needs of the company in the renewable energy and agriculture sectors. The financing will bridge cash flow gaps between payments to suppliers and receipts from clients.The primary objective of this transaction is to (i) support renewable energy expansion in Guyana by providing financing for solar PV and BESS equipment, (ii) enhance agricultural productivity through modern equipment distribution, (iii) strengthen local capacity in renewable energy project implementation, and (iv) contribute to Guyana's climate objectives under the LCDS 2030. The Transaction is a committed, unsecured, revolving senior import finance facility of up to US$5,000,000. The facility will enable 2020 FMCG Inc. to finance equipment and material purchases from approved suppliers to support ongoing solar photovoltaic (PV) and Battery Energy Storage System (BESS) projects in Guyana and to fund current and future working capital needs of the company in the renewable energy and agriculture sectors. The financing will bridge cash flow gaps between payments to suppliers and receipts from clients.The primary objective of this transaction is to (i) support renewable energy expansion in Guyana by providing financing for solar PV and BESS equipment, (ii) enhance agricultural productivity through modern equipment distribution, (iii) strengthen local capacity in renewable energy project implementation, and (iv) contribute to Guyana's climate objectives under the LCDS 2030. IDB Invest 2020 FMCG INC IDB Invest Peters, Mark Christopher +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guyana Guyana Energy 5000000 5000000 5000000 2020 FMCG Import Finance Facility Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-16032-01 IDB Invest The proposed financing consists of a corporate loan to EDICA to:(i) finance its working capital requirements in connection with the expansion of the departure level of Terminals 2 and 5 at Juan Santamaría International Airport (AIJS) in San José, Costa Rica; and(ii) cover any additional eligible working capital needs, as approved by IDB Invest The proposed financing consists of a corporate loan to EDICA to:(i) finance its working capital requirements in connection with the expansion of the departure level of Terminals 2 and 5 at Juan Santamaría International Airport (AIJS) in San José, Costa Rica; and(ii) cover any additional eligible working capital needs, as approved by IDB Invest IDB Invest EDICA LTDA IDB Invest Ortiz Madrigal, Gustavo Adolfo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Costa Rica Costa Rica Transport 5000000 5000000 5000000 EDICA – Corporate Loan for Working Capital Linked to the Expansion of Juan Santamaría Airport – Costa Rica Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-16034-01 IDB Invest The project consists of providing Banco Internacional S.A. (“Banco Internacional” or the “Bank”) with a renewable senior A/B loan of up to US$100 million, structured as follows: (i) an A loan of up to US$50 million to be funded by IDB Invest; and (ii) a B loan of up to US$50 million to be funded by other investors. The loan has a tenor of up to 3 years, with an option to renew for an additional three‑year period. The use of proceeds will support the growth of the Small and Medium-Sized Enterprises (“SMEs”) portfolio.Additionally, it is expected that the financing can be complemented with technical advisory services, defined jointly with Banco Internacional, to help strengthen its strategy and the development of its SMEs portfolio. The project consists of providing Banco Internacional S.A. (“Banco Internacional” or the “Bank”) with a renewable senior A/B loan of up to US$100 million, structured as follows: (i) an A loan of up to US$50 million to be funded by IDB Invest; and (ii) a B loan of up to US$50 million to be funded by other investors. The loan has a tenor of up to 3 years, with an option to renew for an additional three‑year period. The use of proceeds will support the growth of the Small and Medium-Sized Enterprises (“SMEs”) portfolio.Additionally, it is expected that the financing can be complemented with technical advisory services, defined jointly with Banco Internacional, to help strengthen its strategy and the development of its SMEs portfolio. IDB Invest BANCO INTERNACIONAL S.A. IDB Invest Burbano de Lara Alcocer, Esteban Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Ecuador Ecuador Financial Institutions 50000000 50000000 50000000 Banco Internacional: Senior Loan to Support SME Portfolio in Ecuador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-16059-01 IDB Invest The project aims to expand the Yacyretá hydropower by increasing renewable generation capacity and optimizing existing water flows to strengthen energy supply in Argentina and Paraguay, while avoiding the need for a new reservoir. Its scope includes the construction of a new plant at the Aña Cuá branch with 270 MW of installed capacity, along with associated civil works, transmission infrastructure, substations, interconnection systems, and environmental and social management measures. The project aims to expand the Yacyretá hydropower by increasing renewable generation capacity and optimizing existing water flows to strengthen energy supply in Argentina and Paraguay, while avoiding the need for a new reservoir. Its scope includes the construction of a new plant at the Aña Cuá branch with 270 MW of installed capacity, along with associated civil works, transmission infrastructure, substations, interconnection systems, and environmental and social management measures. IDB Invest ENTIDAD BINACIONAL YACYRETA IDB Invest Queiroz Galvao, Marina +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Energy 300000000 300000000 300000000 Yacyretá Aña Cuá Hydroelectric Expansion Project Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-16065-01 IDB Invest The proposed financing aims to support the business expansion of Rocktree Group in the region by providing a long-term global solution to the original bridge financing, which facilitated the acquisition of Atria Group in 2025, and by funding new growth investments in the region, thereby providing a long-term capital structure to enable the development of new growth opportunities in Latin America (the “Project”). The proposed financing aims to support the business expansion of Rocktree Group in the region by providing a long-term global solution to the original bridge financing, which facilitated the acquisition of Atria Group in 2025, and by funding new growth investments in the region, thereby providing a long-term capital structure to enable the development of new growth opportunities in Latin America (the “Project”). IDB Invest Rocktree Global Logistics PTE LTD. IDB Invest Duhart, Martin Javier +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Regional Regional Transport 75000000 75000000 75000000 Enhancing regional transportation via the waterway with Rocktree Group Regional Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-16070-01 IDB Invest The proposed transaction consists of IDB Invest providing a stand-by letter of credit (SBLC) facility of up to US$45 million to support the financing of the construction and operation of the National Cancer Institute project located in Santiago, Chile. The project involves the development of a 249-bed, high-complexity hospital under a long-term concession agreement awarded to OHLA S.A. through its subsidiary, OHLA Chile. The proposed transaction consists of IDB Invest providing a stand-by letter of credit (SBLC) facility of up to US$45 million to support the financing of the construction and operation of the National Cancer Institute project located in Santiago, Chile. The project involves the development of a 249-bed, high-complexity hospital under a long-term concession agreement awarded to OHLA S.A. through its subsidiary, OHLA Chile. IDB Invest Obrascon Huarte Lain SA OHLA IDB Invest Valdes Florenzano, Claudia Andrea +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Chile Chile Social Infrastructure 45000000 45000000 45000000 OHLA - Chile National Cancer Hospital Guarantee Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-16079-01 IDB Invest The Project consists of a senior unsecured loan of up to US$60 million or its equivalent in Guatemalan quetzals (the "Project" or the "Financing") to be granted to Fundación Génesis Empresarial ("Génesis"), with a term of up to five years from disbursement. IDB Invest's Financing will be composed of: (i) Tranche I: a senior committed tranche for up to US$40,000,000; and (ii) Tranche II: a senior uncommitted tranche for up to US$20,000,000. In addition, the Financing will have the possibility of mobilizing additional resources through B loans and/or co-financing. The resources of the Financing will be used to support the growth of Génesis' credit portfolio, expanding financial inclusion through a greater supply of credit for Micro, Small and Medium-Sized Enterprises ("MSMEs") and other populations in Guatemala, fostering the generation of economic opportunities and productive development.The Financing will be complemented with IDB Invest's Technical Advisory Services (“TA”) that may be focused on supporting Génesis in the identification, prioritization and design of an innovative financial health initiative with a social, environmental, and governance approach. The Project consists of a senior unsecured loan of up to US$60 million or its equivalent in Guatemalan quetzals (the "Project" or the "Financing") to be granted to Fundación Génesis Empresarial ("Génesis"), with a term of up to five years from disbursement. IDB Invest's Financing will be composed of: (i) Tranche I: a senior committed tranche for up to US$40,000,000; and (ii) Tranche II: a senior uncommitted tranche for up to US$20,000,000. In addition, the Financing will have the possibility of mobilizing additional resources through B loans and/or co-financing. The resources of the Financing will be used to support the growth of Génesis' credit portfolio, expanding financial inclusion through a greater supply of credit for Micro, Small and Medium-Sized Enterprises ("MSMEs") and other populations in Guatemala, fostering the generation of economic opportunities and productive development.The Financing will be complemented with IDB Invest's Technical Advisory Services (“TA”) that may be focused on supporting Génesis in the identification, prioritization and design of an innovative financial health initiative with a social, environmental, and governance approach. IDB Invest FUNDACION GENESIS EMPRESARIAL IDB Invest Vargas Castro, Pablo +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Guatemala Guatemala Financial Institutions 60000000 60000000 60000000 Génesis GT: Senior Loan for MSMEs and Inclusive Portfolio in Guatemala Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-15360-01 IDB Invest The proposed transaction consists of a senior secured financing of up to US$100 million to Club Atlético River Plate Asociación Civil (“CARP” or the “Club”), a non‑profit organization incorporated under the laws of the Republic of Argentina. The loan structure comprises: (i) an IDB Invest loan of up to US$50 million; and (ii) a CAF loan of up to US$50 million. The loan proceeds will be used: (i) to refinance bridge financing used for the construction of the new school building and Casa River (the youth residence and development center), as well as (ii) to finance the construction of stadium improvements, including, among others, extending the useful life of the facility, improving acoustics, increasing capacity to 100,000 spectators, and installing a partial roof to enhance the spectator experience. With more than 350,000 members, CARP is one of the sports clubs with the largest membership worldwide and is widely recognized for its professional football department. The Club enables the practice of 20 federated sports, organizes recreational activities for the community, and operates its own school with more than 1,000 students per year, ranging from early childhood through higher education, combining academic excellence with athletic training. The proposed transaction consists of a senior secured financing of up to US$100 million to Club Atlético River Plate Asociación Civil (“CARP” or the “Club”), a non‑profit organization incorporated under the laws of the Republic of Argentina. The loan structure comprises: (i) an IDB Invest loan of up to US$50 million; and (ii) a CAF loan of up to US$50 million. The loan proceeds will be used: (i) to refinance bridge financing used for the construction of the new school building and Casa River (the youth residence and development center), as well as (ii) to finance the construction of stadium improvements, including, among others, extending the useful life of the facility, improving acoustics, increasing capacity to 100,000 spectators, and installing a partial roof to enhance the spectator experience. With more than 350,000 members, CARP is one of the sports clubs with the largest membership worldwide and is widely recognized for its professional football department. The Club enables the practice of 20 federated sports, organizes recreational activities for the community, and operates its own school with more than 1,000 students per year, ranging from early childhood through higher education, combining academic excellence with athletic training. IDB Invest Club Atletico River Plate Asociación Civil IDB Invest Beretta Tassano, Patricio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Argentina Argentina Social Infrastructure 50000000 50000000 50000000 Club Atletico River Plate: Investing in Sports Facilities for Social Inclusion Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-16133-01 IDB Invest The proposed transaction consists of a privately placed, listed bond issued under a co-lending arrangement with JICA. The financing will provide Itaú Unibanco S.A. (“Itaú” or the “Bank”) with long-term senior funding, with a tenor of up to seven years, to support the expansion of its portfolio of eligible Eco Invest sub-projects. IDB Invest is expected to subscribe up to US$100 million of the issuance, while JICA is expected to provide an additional investment of up to US$100 million. The proposed transaction consists of a privately placed, listed bond issued under a co-lending arrangement with JICA. The financing will provide Itaú Unibanco S.A. (“Itaú” or the “Bank”) with long-term senior funding, with a tenor of up to seven years, to support the expansion of its portfolio of eligible Eco Invest sub-projects. IDB Invest is expected to subscribe up to US$100 million of the issuance, while JICA is expected to provide an additional investment of up to US$100 million. IDB Invest Itau Unibanco Holding SA IDB Invest Penagaricano, Matilde +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Financial Institutions 100000000 100000000 100000000 Itaú: Bond to Support Resilient Financing in Brazil Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-16172-01 IDB Invest The objective of the transaction is to provide financing to Banco Industrial El Salvador, S.A. (“BIES” or the “Bank”) through the subscription of unsecured senior debt tokens, denominated in Dollars of the United States of America (“US$”), issued by BIES, for up to US$50 million, with BID Invest as the potential lead investor/subscriber. The transaction seeks to fund BIES’s loan portfolio in El Salvador through an innovative tokenized debt structure, approved under the regulatory framework of the Republic of El Salvador, placed on the Digital Exchange (“DAX”) platform, the digital arm of Grupo Bolsa de Valores de El Salvador, as a Digital Asset Service Provider, under the Salvadoran digital assets framework supervised by the National Commission of Digital Assets (“CNAD,” for its acronym in Spanish), the competent State authority for Digital Assets, mainly for Small and Medium-Sized Enterprise (“SME”) portfolios and possibly Women-led SMEs. With this transaction, BID Invest reaffirms its support for technological development and innovation in El Salvador. The objective of the transaction is to provide financing to Banco Industrial El Salvador, S.A. (“BIES” or the “Bank”) through the subscription of unsecured senior debt tokens, denominated in Dollars of the United States of America (“US$”), issued by BIES, for up to US$50 million, with BID Invest as the potential lead investor/subscriber. The transaction seeks to fund BIES’s loan portfolio in El Salvador through an innovative tokenized debt structure, approved under the regulatory framework of the Republic of El Salvador, placed on the Digital Exchange (“DAX”) platform, the digital arm of Grupo Bolsa de Valores de El Salvador, as a Digital Asset Service Provider, under the Salvadoran digital assets framework supervised by the National Commission of Digital Assets (“CNAD,” for its acronym in Spanish), the competent State authority for Digital Assets, mainly for Small and Medium-Sized Enterprise (“SME”) portfolios and possibly Women-led SMEs. With this transaction, BID Invest reaffirms its support for technological development and innovation in El Salvador. IDB Invest BANCO INDUSTRIAL EL SALVADOR SA IDB Invest Mena Melendez, Camila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects El Salvador El Salvador Financial Institutions 50000000 50000000 50000000 Banco Industrial: Debt Token Issuance in El Salvador Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-16201-01 IDB Invest Wimke is a greenfield photovoltaic solar project located in San Juan del Cesar, La Guajira (Colombia), with an installed capacity of approximately 99.5 MWp (76 MWac), including the generation plant as well as its associated transmission line and supporting infrastructure (substations, access roads, and civil works required to deliver energy to the grid). Wimke is a greenfield photovoltaic solar project located in San Juan del Cesar, La Guajira (Colombia), with an installed capacity of approximately 99.5 MWp (76 MWac), including the generation plant as well as its associated transmission line and supporting infrastructure (substations, access roads, and civil works required to deliver energy to the grid). IDB Invest PARQUE SOLAR FOTOVOLTAICO WIMKE S.A.S. E.S.P. IDB Invest Zuluaga, Andres +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Energy 30000000 30000000 30000000 Parque Solar Fotovoltaico Wimke S.A.S. Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-16207-01 IDB Invest The Ruta PY10 Lot 1 Project involves the construction of a 36.8‑km section of National Route PY10 in Paraguay, executed under a public works contract awarded by the Ministry of Public Works and Communications to Consorcio Ruta 10. The project represents an investment of approximately USD 65 million, with an estimated construction period of 24 months. The contractual structure is based on the issuance of U.S. dollar‑indexed interest‑bearing certificates (CROPs) by the Government of Paraguay upon completion and provisional acceptance of defined construction milestones. IDB Invest proposes to participate through a securities purchase facility linked to these certificates, combining an A Facility and a B Bond structure. The Ruta PY10 Lot 1 Project involves the construction of a 36.8‑km section of National Route PY10 in Paraguay, executed under a public works contract awarded by the Ministry of Public Works and Communications to Consorcio Ruta 10. The project represents an investment of approximately USD 65 million, with an estimated construction period of 24 months. The contractual structure is based on the issuance of U.S. dollar‑indexed interest‑bearing certificates (CROPs) by the Government of Paraguay upon completion and provisional acceptance of defined construction milestones. IDB Invest proposes to participate through a securities purchase facility linked to these certificates, combining an A Facility and a B Bond structure. IDB Invest Consorcio Ruta 10 IDB Invest Imas Innella, Ignacio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Paraguay Paraguay Transport 6500000 6500000 6500000 Financing for Ruta 10 PY - Lote 1 - Consorcio Ruta 10 Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-16258-01 IDB Invest IDB Invest is considering contributing up to US$300 million towards a senior secured asset-backed financing facility, with a maximum value of approximately US$1.088 billion, for Scala Data Centres S.A.’s portfolio of data centres in Brazil. The five-year credit facilities are expected to comprise an international term loan in US dollars, a credit facility through local debentures and a credit facility through a letter of credit earmarked for the debt service reserve. The proceeds are to be used to cover construction costs relating to the data centre infrastructure (including the refinancing of certain existing debentures and associated costs), to pay transaction fees and expenses, and to fund reserve accounts. The transaction aims to establish a scalable financing platform, supported by the portfolio’s contracted cash flows, align debt servicing with the foreign exchange profile of the underlying revenues, and support the expansion of digital infrastructure in Brazil. IDB Invest is considering contributing up to US$300 million towards a senior secured asset-backed financing facility, with a maximum value of approximately US$1.088 billion, for Scala Data Centres S.A.’s portfolio of data centres in Brazil. The five-year credit facilities are expected to comprise an international term loan in US dollars, a credit facility through local debentures and a credit facility through a letter of credit earmarked for the debt service reserve. The proceeds are to be used to cover construction costs relating to the data centre infrastructure (including the refinancing of certain existing debentures and associated costs), to pay transaction fees and expenses, and to fund reserve accounts. The transaction aims to establish a scalable financing platform, supported by the portfolio’s contracted cash flows, align debt servicing with the foreign exchange profile of the underlying revenues, and support the expansion of digital infrastructure in Brazil. IDB Invest Scala Data Centers S.A. IDB Invest Imas Innella, Ignacio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Brazil Brazil Digital Economy 300000000 300000000 300000000 Scala Datacenter Expansion Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-16333-01 IDB Invest The objective of the Project is to expand the operational capacity and port infrastructure of Kuldipsingh Port Facility N.V. in Suriname through additional financing to the existing transaction. Phase 2 includes the expansion of the existing quay by 80 meters to accommodate a higher volume of vessels, as well as the rehabilitation of an old wharf at another site, with the aim of improving the Company’s direct logistics management and strengthening its operational performance. The objective of the Project is to expand the operational capacity and port infrastructure of Kuldipsingh Port Facility N.V. in Suriname through additional financing to the existing transaction. Phase 2 includes the expansion of the existing quay by 80 meters to accommodate a higher volume of vessels, as well as the rehabilitation of an old wharf at another site, with the aim of improving the Company’s direct logistics management and strengthening its operational performance. IDB Invest KULDIPSINGH PORT FACILITY N.V. IDB Invest Peters, Mark Christopher +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Suriname Suriname Transport 15000000 15000000 15000000 Kuldipsingh Port Phase 2 Expansion Project Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-16336-01 IDB Invest The objective of the transaction is to provide financing to Global Bank Corporation ("Global Bank" or the "Bank") through a senior secured A/B loan facility of up to US$175 million, consisting of an IDB Invest A Loan of up to US$75 million and approximately US$100 million through a B Loan mobilized by IDB Invest. The transaction seeks to strengthen the Bank’s access to long-term funding and support the origination of sub-loans in Panama, primarily targeting Small and Medium-Sized Enterprises (“SMEs”), including women-led businesses, as well as social housing in Panama. In addition, the transaction may incorporate advisory services focused on accelerating the growth of strategic segments and strengthening portfolio governance and risk management frameworks. The objective of the transaction is to provide financing to Global Bank Corporation ("Global Bank" or the "Bank") through a senior secured A/B loan facility of up to US$175 million, consisting of an IDB Invest A Loan of up to US$75 million and approximately US$100 million through a B Loan mobilized by IDB Invest. The transaction seeks to strengthen the Bank’s access to long-term funding and support the origination of sub-loans in Panama, primarily targeting Small and Medium-Sized Enterprises (“SMEs”), including women-led businesses, as well as social housing in Panama. In addition, the transaction may incorporate advisory services focused on accelerating the growth of strategic segments and strengthening portfolio governance and risk management frameworks. IDB Invest GLOBAL BANK CORPORATION IDB Invest Mena Melendez, Camila +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Panama Panama Financial Institutions 75000000 75000000 75000000 Global Bank: Secured Loan for SMEs and Social Housing in Panama Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-16353-01 IDB Invest The Project comprises the design, construction, financing, and maintenance of an approximately 273-kilometer railway line connecting Montevideo with Paso de los Toros, in Uruguay. This transaction (the "Transaction") contemplates a potential long-term financing structure for the Project, which may include a combination of resources from IDB Invest and issuances in the international capital markets. The Project comprises the design, construction, financing, and maintenance of an approximately 273-kilometer railway line connecting Montevideo with Paso de los Toros, in Uruguay. This transaction (the "Transaction") contemplates a potential long-term financing structure for the Project, which may include a combination of resources from IDB Invest and issuances in the international capital markets. IDB Invest Grupo Via Central SA IDB Invest Imas Innella, Ignacio +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Uruguay Uruguay Transport 130000000 130000000 130000000 Ferrocarril Central Uruguay - Global B Bond for Transport Infrastructure Tenders Pre-and post-project impact appraisal A01 XM-DAC-46012-16415-01 IDB Invest The primary objective of the project is the consolidation and development of Greenwood Energy's wind power portfolio in La Guajira, Colombia (municipalities of Uribia and Maicao), structured into two key stages. The immediate focus is on advancing the Aura Portfolio, a high-development phase consisting of the Aura I and Aura II wind farms (formerly Alpha and Beta) with a combined capacity of 504 MW. This phase spans 388 hectares and features 92 licensed wind turbines, associated infrastructure, and an 80.45 km, 500 kV transmission line; currently, Aura I has completed its detailed engineering, access road, electrical substation, and campsite earthworks, alongside a 41% intervention of its approved area. The primary objective of the project is the consolidation and development of Greenwood Energy's wind power portfolio in La Guajira, Colombia (municipalities of Uribia and Maicao), structured into two key stages. The immediate focus is on advancing the Aura Portfolio, a high-development phase consisting of the Aura I and Aura II wind farms (formerly Alpha and Beta) with a combined capacity of 504 MW. This phase spans 388 hectares and features 92 licensed wind turbines, associated infrastructure, and an 80.45 km, 500 kV transmission line; currently, Aura I has completed its detailed engineering, access road, electrical substation, and campsite earthworks, alongside a 41% intervention of its approved area. IDB Invest GWE AURA I and II SAS ESP IDB Invest Gomez Velasco, Santiago +1 (202) 566-4566 requestinformation@idbinvest.org https://idbinvest.org/en/projects Colombia Colombia Energy 310000000 310000000 310000000 Aura I & II: Onshore wind project in La Guajira Tenders Pre-and post-project impact appraisal A01