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ME-U0002 : 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-U0002
Approval date
July 16, 2014
Project Country
Mexico
Project Sector
FINANCIAL MARKETS
Project Subsector
FINANCING FOR ENVIRONMENTAL SUSTAINABILITY
Project Type
Guarantee
Project Lending Type
NSG
Project Modality
Project Facility Type
Project Status
Implementation
Operation Number
3253/TC-ME

Financial Information

Project Number
ME-U0002
Project Status
Implementation

IDB Financing

Financing type
GUA
Fund
Clean Technology Fund
Reporting currency
USD - United States Dollar
Reporting date
Jul/18/2023

Roles & Responsibilities

Operation Number
3252A/OC-ME

Financial Information

Project Number
ME-U0002
Project Status
Implementation

IDB Financing

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

Roles & Responsibilities

Project Information

Total Cost
USD 110,000,000
Country counterpart financing
USD 32,847,843
Amount
USD 77,152,157

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