IDB Invest signs largest renewable energy project in Colombia

Thursday, January 4, 2018 - 08:37
$1 billion loan to EPM to build Ituango hydropower plant IDB Invest signed a $1 billion senior, unsecured A/B loan package to Empresas Públicas de Medellín (EPM) to build a 2,400 MW hydropower facility in the northern region of Antioquia, Colombia. Ituango will be the largest hydropower project in the country. The Ituango hydropower plant will represent approximately 18 percent of the country’s total installed power capacity, and will generate approximately 13,900 GWh of renewable electricity per year.

IDB supports Colombia’s efforts to fight and prevent corruption

Monday, December 11, 2017 - 19:00
Colombia will strengthen public surveillance and promote its institutions’ transparency and integration by boosting up the effectiveness of the Public Prosecutor's Office (PGN, after its Spanish initials) with help from a $40 million loan from the Inter-American Development Bank (IDB).

Colombia to promote environmental and socio-economic sustainability with IDB assistance

Monday, December 4, 2017 - 19:00
A $100 million loan will help improve management of natural capital and production opportunities in 170 municipalities Colombia will promote environmental and socio-economic sustainability in 170 municipalities affected by the country’s recently-ended conflict with help from a $100 million loan approved by the Inter-American Development Bank (IDB).

Colombia to improve sustainable energy system with IDB support

Thursday, November 30, 2017 - 19:00
A $300 million loan will boost power supply safety and efficiency and promote the use of clean energy sources, benefiting users throughout the country  Colombia will enhance its energy sector’s sustainability and efficiency with a $300 million loan approved by the Inter-American Development Bank (IDB). 

Bolivia will improve water services and resilience to climate change with support from the IDB in partnership with KIF

Thursday, November 30, 2017 - 19:00
Financing will benefit more than 262 thousand households with improvements in water services Bolivia will improve access to potable water services and strengthen mitigation measures to climate change with a loan of $50 million approved by the Inter-American Development Bank (IDB), which will be complemented by an investment of $25 million from the South Korea Program for Infrastructure Financing in Latin America and the Caribbean (KIF). 

Brazil’s Santa Catarina State will improve productivity and reliability of electricity supply with IDB support

Thursday, November 23, 2017 - 19:00
The Inter-American Development Bank (IDB) has approved a multiple-works investment loan in the amount of US$276.05 million to Centrais Elétricas de Santa Catarina–Distribuição S.A. (CELESC-D), the electric power distribution utility serving Brazil’s state of Santa Catarina. The program’s overall objective is to help boost productivity throughout the state of Santa Catarina by providing a higher quality and more reliable supply of electric power.

Bolivia will improve natural disaster risk management with IDB support

Wednesday, November 22, 2017 - 19:00
A $40 million loan will benefit 5,477 homes in the Rocha and Alpacoma basins  Bolivia will seek to improve its resilience to climate events through the reduction of risks in disaster-prone areas with a $40 million loan from the Inter-American Development Bank (IDB). 

Bolivia to rebuild, improve Mairana-Bermejo road with IDB support

Thursday, November 16, 2017 - 19:00
A $64 million loan will help improve quality and traffic conditions, accessibility and safety of key road in the Santa Cruz Department, benefiting in particular Florida Province farmlands  Bolivia will continue to improve its road network, focusing on enhancing connectivity of its productive centers with national and international markets, by rebuilding and improving the Mairana-Bermejo segment with financing from the Inter-American Development Bank (IDB). 

IDB Group and UK approve innovative £177 million financing program for sustainable infrastructure

Tuesday, November 14, 2017 - 06:09
Bonn, Germany— The Inter-American Development Bank Group, principally through its private-sector arm IDB Invest, and the Department for Business, Energy and Industrial Strategy of the UK (BEIS) announced today they are partnering to create the UK Sustainable Infrastructure Program (SIP).

Introducing the winners of the ALAS-IDB 2017 Awards

Thursday, November 9, 2017 - 19:00
In a highly competitive edition, among the winners of the awards that celebrate educational innovation for early childhood development we find Brazil, Colombia and Guatemala. Washington, DC, Nov 9.