NEWS
French AFD grants financing for 99 million dollars to Mexican CFE for the first phase of a photovoltaic plant
06/28/2023 Since 11 months
The Federal Electricity Commission (CFE) of Mexico has received 98.7 million dollars financing from the French Development Agency (AFD) for the first phase of the Puerto Peñasco Photovoltaic Power Plant, to be located in the State of Sonora.
The first phase of the PV Plant will have 120 MW installed capacity of renewable energy generation. The complete PV Plant investment project will be developed in four phases, with a total installed capacity of 1,000 MW in generation and 190 MW in battery storage. The line of credit has a 20-year term, with a semi-annual amortization format.
LATEST NEWS
BNDES signs agreements with SFB and IDB for forest concession projects
The National Bank for Economic and Social Development (BNDES) of Brazil has signed a Technical Cooperation Agreement (ACT) with the Brazilian Forest Service Bank (SFB) and an agreement with the Inter-American Developm...
Since 2 weeks
Read More
Landmark renewable energy project in Bahamas runs with IDB Invest support
The Fairfield Solar Plant, developed by the company Lucayas Solar Power Ltd. and financed by IDB Invest under a 25-year power purchase agreement (PPA) framework, has begun operating as the first solar plant in the Bah...
Since 2 weeks
Read More
Promoting Inclusion and Gender Equality through the Financial Sector
This IDB Invest shows how the private sector has proactively addressed gender equality and provides concrete examples of what has worked in some Latin American and Caribbean (LAC) region companies.
Gender Parity In...
Since 3 weeks
Read More