The purpose of the Latin American Capital Finance Regional Sugar and Bio-energy Program ("LACFIN" or the "Program") is to make loans to the sugar and bio-fuels industries in Latin America and the Caribbean and increase the availability of financing to sugar mills, ethanol distilleries and producers of bio-energy. The maximum target Program size is expected to be up to approximately US$ 250 million, which would include equity provided by a private equity firm ("Reservoir") in the amount of US$75 million and debt financing provided by the IDB in the form of a US$ 75 million Senior A Loan in the initial phase.

Project Detail

Country

Regional

Project Number

RG-L1019

Approval Date

January 14, 2009

Project Status

Cancelled

Project Type

Loan Operation

Sector

-

Subsector

-

Lending Instrument

IDB Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

-

Environmental Classification

-

Total Cost

USD 150,000,000.00

Country Counterpart Financing

USD 25,000,000.00

Original Amount Approved

USD 75,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2115A/OC-RG Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
2115B/OC-RG Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Participant Financing
Operation Number 2115A/OC-RG
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Private Sector Financing
Operation Number 2115B/OC-RG
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Participant Financing

Can’t find a document? Request information

 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-2088110789-22438
Environmental and Social Management Reports
LACFIN Regional Sugar and Bio-Energy Program [1772940].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-2052859456-9687
Environmental and Social Strategies
LACFIN Regional Sugar _ Biofuels Program [1362871].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-2052859456-9686
Project Abstract
LACFIN Regional Sugar _ Biofuels Program [1337997].PDF
Dec. 31, 1999
English

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