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Central American Renewable Energy and Cleaner Production (CAREC) Facility
The general objective of the project is to promote the use of renewable energy technologies for power generation and to improve the use of energy and other inputs for companies' operations in Central America. The purpose of this CAREC Facility is to provide mezzanine-type financing for SMEs in the areas of proven renewable energy, cleaner production, and energy efficiency related deals in Central America. Such deals will also have a myriad of socio-economic and environmental benefits: small enterprise development, increased productivity, an alternative to fossil fuel dependence and improved health through reduced levels of harmful emissions.

Project Detail

Country

Regional

Project Number

RG-Q0001

Approval Date

August 4, 2004

Project Status

Closed

Project Type

Equity

Sector

ENERGY

Subsector

ENERGY

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 5,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 5,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
EQU/MS-8799-RG Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund Equity Financing
Operation Number EQU/MS-8799-RG
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: Equity Financing

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Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-402895897-7827
Project Abstract
Project Abstract for MIF project RG-M1002 - ATN_ME-8798-RG [1795824].PDF
Dec. 31, 1899
English

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