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ME-L1185 : Bright Distributed Generation Solar Projects

Project Status: Implementation

The object of the project is to install renewable energy systems in the Mexican residential sector, under an innovative financial structure that is scalable. One of the main barriers to residential scale PV projects is that the individual investments are too low to attract debt financing. However, by creating a portfolio of projects the IDB can offer the debt financing required by this industry that currently does not exist. The overall goal is to help the end user to mitigate climate change while reducing electricity costs for end users; all the while under a highly scalable and replicable financial structure.

Project Detail

Project Number
ME-L1185
Approval date
December 10, 2015
Project Country
Mexico
Project Sector
ENERGY
Project Subsector
ENERGY EFFICIENCY AND RENEWABLE ENERGY IN END USE
Project Type
Loan Operation
Project Lending Type
NSG
Project Modality
PSL (Private Sector Loan)
Project Facility Type
Project Status
Implementation
Operation Number
3633/CA-ME

Financial Information

Project Number
ME-L1185
Project Status
Implementation

IDB Financing

Financing type
PSL
Fund
Canadian Climate Fund for the Private Se
Reporting currency
USD - United States Dollar
Reporting date
Jul/18/2023

Roles & Responsibilities

Contract signature date
Mar/19/2020
Operation Number
3633A/OC-ME-DE

Financial Information

Project Number
ME-L1185
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
Mar/19/2020
Operation Number
3633A/OC-ME

Financial Information

Project Number
ME-L1185
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
Mar/19/2020

Project Information

Total Cost
USD 15,000,000
Country counterpart financing
USD 0
Amount
USD 15,000,000

Preparation

Title
Type
Project Number
Date Published
Environmental & Social Management Reports
ME-L1185
December 01, 2015
Project Abstract
ME-L1185
November 01, 2015