Capital Markets solution for energy efficiency financing
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

Country

Mexico

Project Number

ME-U0002

Approval Date

July 16, 2014

Project Status

Implementation

Project Type

Guarantee

Sector

FINANCIAL MARKETS

Subsector

FINANCING FOR ENVIRONMENTAL SUSTAINABILITY

Lending Instrument

BID Invest

Lending Instrument Code

IIC

Modality

PCG (Partial Credit Guarantee)

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 110,000,000.00

Country Counterpart Financing

USD 32,847,843.00

Original Amount Approved

USD 77,152,157.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
3252A/OC-ME Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Guarantee Financial Instrument
3253/TC-ME Non-Sovereign Guaranteed USD - United States Dollar Clean Technology Fund Guarantee Financial Instrument
3253/TC-ME-1 Non-Sovereign Guaranteed USD - United States Dollar Clean Technology Fund Private Sector Financing
Operation Number 3252A/OC-ME
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Guarantee Financial Instrument
Operation Number 3253/TC-ME
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Clean Technology Fund
  • Financial Instrument: Guarantee Financial Instrument
Operation Number 3253/TC-ME-1
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Clean Technology Fund
  • Financial Instrument: Private Sector Financing