IDB and IDB Invest To Provide USD300m Credit for Peru’s ENGIE Energía Perú; IDB Invest To Provide ~USD74m Financing for Mexico’s Ruba
Source(s): ENGIE Energía Perú | IDB
IDB and IDB Invest agreed to finance up to USD300m in credit for the construction of a Peru-based wind farm Punta Lomitas Wind Power Plant. Separately, IDB Invest agreed to MXN1.5b (~USD74m) in financing for Mexico-based housing developer Ruba, with a MXN500m (~USD25m) advance payment line for Ruba’s SME construction suppliers and MXN1b (~USD49m) in credit. Read more here and here