Uruguay will improve public transport in Montevideo with IDB support

Wednesday, December 19, 2012 - 03:00
Loan for $70 million supports efforts to reduce congestion in the metropolitan area and improve road safety  The Inter-American Development Bank (IDB) has approved a loan for $70 million to Uruguay to support a public transport system in the eastern section of Montevideo as an alternative to individual transport. 

IDB supports environmentally sustainable diversification of Uruguay’s energy matrix

Wednesday, December 19, 2012 - 03:00
Loan for $200 million will finance construction of a combined-cycle gas plant that will reduce vulnerability of the country’s energy system  The Inter-American Development Bank (IDB) has approved a loan for $200 million to Uruguay finance construction of a 530 MW combined-cycle gas power plant to help diversify the country's energy mix in an environmentally sustainable manner. The new plant will reduce the vulnerability of the country’s energy system in years when low rainfall affects hydroelectric generation. 

Uruguay to expand wind power generation with IDB support

Thursday, December 6, 2012 - 03:00
$107.7 million in loans to finance the construction of El Libertador and Palmatir wind farms The Inter-American Development Bank (IDB) has approved two loans totaling $107.7 million to finance the construction of the El Libertador and Palmatir wind farms in Uruguay.

IIC and Orofrán S.A. of Uruguay hold signing ceremony for loan of US$6.5 million

Saturday, March 17, 2012 - 17:14
MONTEVIDEO, Uruguay — The Inter-American Investment Corporation (IIC) and Orofrán S.A. held a signing ceremony for a loan of US$6.5 million that will boost cargo transport services on Uruguay’s waterways. The ceremony was held within the framework of the Twenty-seventh Annual Meeting of the IIC Board of Governors and is set to finance the purchase of four river barges and two tugboats that will carry logs from the M’Bopicuá logistics terminal in Río Negro Department to Punta Pereira’s port terminal in Colonia Department.

IIC and Lirio Blanco S.A. of Uruguay hold signing ceremony for loan of up to US$2.2 milion

Friday, March 16, 2012 - 03:00
Loan will create jobs and boost industry across sectors MONTEVIDEO, Uruguay — The Inter-American Investment Corporation (IIC) and Lirio Blanco S.A. held a signing ceremony for a loan of up to US$2.2 million, paving the way for new momentum in the Uruguayan transport market.

IDB approves $30 million investment in green fund for Latin America and the Caribbean

Friday, January 13, 2012 - 03:00
Renewable energy and clean technology companies to benefit from new fund The Inter-American Development Bank (IDB) has approved a $30 million loan for the Emerging Energy Latin America Fund II, designed to boost the private sector as a driving force in clean technologies and renewable energy in the region.

Dairy farmers in Uruguay to improve energy efficiency, access clean energy with MIF support

Wednesday, December 21, 2011 - 03:00
$6 million project to benefit as many as 500 small and medium-sized dairy producers The Multilateral Investment Fund (MIF), in partnership with the Cooperativa Nacional de Productores de Leche (CONAPROLE), is launching a $6 million project to help expand access to clean and efficient energy for small and medium-sized dairy farmers in Uruguay.

Uruguay’s Estancias del Lago to get $65 million IDB loan to boost powdered milk exports

Wednesday, December 14, 2011 - 03:00
State-of-the-art dairy operation to boost local employment, promote efficient use of natural resources The Inter-American Development Bank (IDB), approved a loan of up to $65 million for Estancias del Lago S.A., a Uruguayan privately-held agri-business company, to develop a fully-integrated and highly efficient dairy operation to export powered milk.

IMPSA gets IDB loan to finance Latin America wind energy investment plan

Thursday, November 17, 2011 - 03:00
Proceeds to help finance construction of wind farms in Brazil’s northeast and Uruguay IMPSA, one of the world’s leading renewable energy companies, will get a $150 million loan from the Inter-American Development Bank (IDB) to help finance its plans to expand wind energy generation in Latin America.

IDB supports improved e-government services in Uruguay

Friday, October 14, 2011 - 03:00
Program will benefit 15,000 families seeking housing and 12,000 potential exporters and importers; more on-line procedures and better public security