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Ilumexico: Innovative Solar PV Energy Services for the Poor and Vulnerable

Ilumexico is seeking a US$1.5M revenues-based loan to complete an US$8M round (equity + debt).This investment will transform the company's capacity to serve families in LATAM at scale with standardized processes and a world-class team. Ilumexico will consolidate the recurring revenue service business in Mexico at scale, invest in Joint Ventures, and create the pipeline of new projects through R&D and Innovation.

Project Detail

Country

Mexico

Project Number

ME-L1321

Approval Date

January 13, 2022

Project Status

Closed

Project Type

Loan Operation

Sector

ENERGY

Subsector

ENERGY EFFICIENCY AND RENEWABLE ENERGY IN END USE

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 8,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 1,500,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
5466/MS-ME Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund MIF Financing
Operation Number 5466/MS-ME
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: MIF Financing

Can’t find a document? Request information

Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-164227031-5
Donors Memorandum
ME-L1321 Resumen Ejecutivo.pdf
Jan. 26, 2022
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-164227031-6
Donors Memorandum
ME-L1321 Executive Summary.pdf
Jan. 26, 2022
English
Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-164227031-2
Profile
IDEATE 2021-12-09 Public Summary 1069 ME-L1321.pdf
Dec. 09, 2021
English

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