Regional Sugar and Bio-Energy Program

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

BID Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 150,000,000.00

Country Counterpart Financing

USD 25,000,000.00

Original Amount Approved

USD 75,000,000.00

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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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