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ME-L1150 : Capital Markets solution for energy efficiency financing

Project Status: Implementation

The main objective of the project is to finance Energy Efficiency (EE) projects of Mexican small and medium enterprises (SMEs) by facilitating access to capital markets. Lead by the IDB in collaboration with the IFC and two local financial intermediaries, this project will open a new channel for EE projects to obtain financing from institutional and impact investors. The IDB team will structure a ¿green bond¿ backed up by EE projects (purchased through a warehouse facility), in order to create a new asset class that will help develop local capital markets.

Project Detail

Project Number
ME-L1150
Approval date
July 16, 2014
Project Country
Mexico
Project Sector
FINANCIAL MARKETS
Project Subsector
FINANCING FOR ENVIRONMENTAL SUSTAINABILITY
Project Type
Loan Operation
Project Lending Type
NSG
Project Modality
PSL (Private Sector Loan)
Project Facility Type
Project Status
Implementation
Operation Number
3253A/OC-ME-2

Financial Information

Project Number
ME-L1150
Project Status
Implementation

IDB Financing

Financing type
PSL
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jul/18/2023

Roles & Responsibilities

Contract signature date
Apr/16/2015
Operation Number
3253A/OC-ME-1

Financial Information

Project Number
ME-L1150
Project Status
Implementation

IDB Financing

Financing type
PSL
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jul/18/2023

Roles & Responsibilities

Contract signature date
Apr/16/2015
Operation Number
3253A/OC-ME

Financial Information

Project Number
ME-L1150
Project Status
Implementation

IDB Financing

Financing type
PSL
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jun/30/2023

Roles & Responsibilities

Contract signature date
Apr/16/2015

Project Information

Total Cost
USD 82,847,843
Country counterpart financing
USD 32,847,843
Amount
USD 50,000,000