The company SunEdison has obtained a multilateral international loan to build three photovoltaic power generation plants with a combined capacity of 81.7 MW.
From a statement released by the Central American Bank for Economic Integration (BCIE):
BELMONT, California, Dec. 15, 2014 /PRNewswire/ -- SunEdison Inc. (NYSE:SUNE), a leading solar technology manufacturer and provider of solar energy services, announced today the closing of an approximately $146 million USD non-recourse debt financing arrangement with the International Finance Corporation (IFC), the Central American Bank for Economic Integration (CABEI) and the OPEC Fund for International Development (OFID).
The concessionaire of the airport in Panama City is preparing a fundraising program to finance part of the expansion of the terminal, the total cost of which now stands at $850 million.
Initially the total cost of the project was $789 million, but due to the fact that the cost now amounts to $850 million, Tocumen, SA "... is structuring and designing its economic capacity, financial operation and fund raising program to cope with the expansion of the airport."
The Inter-American Development Bank has loaned $35 million to a cooperative to be used to grant housing loans under $109,000.
Of the total loan, $25 million will be administered by the National Cooperative of Educators (Coopenae) and the remaining $10 million by other entities.
The manager Coopenae Housing, José Manuel Salazar told Nacion.com that "...
The microcredit portfolio in Latin America and the Caribbean is worth over $40 billion, is awarded by more than 1,000 institutions, and reaches more than 22 million customers.
From a statement issued by the Inter-American Development Bank (IDB):
A new report documents significant expansion of microcredit in Latin America and the Caribbean
GUAYAQUIL, Ecuador - Microcredit in Latin America and the Caribbean remains strong and continues its expansion of the last decade, experiencing an increase in their number of customers, a variety of institutions and a downward trend in interest rates according to new data released here today by the Multilateral Investment Fund (MIF), a member of the IDB Group.
The government negotiates with Mexico to obtain $128 million from the Yucatán Initiative to expand to four lanes the road going to the port of La Libertad and to build two bridges on the borders of La Hachadura and Aguiatú.
Of the $128 million earmarked for these projects, half is from a grant from the Government of Mexico and the rest from a loan that the country will obtain from the Central American Bank for Economic Integration.
The government has announced that it will be obtaining a loan from the Central American Bank for Economic Integration to rebuild 97 miles of roads and trails that connect with the Caribbean.
In order to improve links with the Caribbean, roads will be paved with reinforced concrete, stretching 44.6 kilometers from the town of Mulukukú to Siuna and 52.5 kilometers between the towns of Rama, Kukra Hill and the Junction of Laguna de Perlas.
Amendments to the Regulation on public offers of securities and new regulations will encourage increased use of securitizations and trusts to finance public works.
From the preamble to the Agreement by the National Council of Supervision of the Financial System (CONASSIF):
Both the public administration and the private sector have expressed interest in using alternative sources of financing for infrastructure projects.
Lafise bank announced it has $5 million to provide 7 year term loans with one year grace to producers in Leon and Chinandega.
After the meeting in Chinandega with producers and representatives from the financial institution solutions that fit the needs of the sector, the effects of climate change and fluctuations in international prices have been agreed in regards to production.
27 plants solar projects have been approved by the government, of which only four are under construction and the remaining 23 are in the fundraising stage.
It is estimated that the investment required for the development of the approved projects is between $1.644 and $1.827 billion, which why the companies behind the 23 projects have not yet started seeking financing in the international market.
An announcement has been made that starting November the Salvadoran Development Bank will have $30 million available for loans to provide clean energy projects developed by SMEs.
All productive sectors can access these loans as long as they are formalized SMEs and their projects are geared towards the areas mentioned. The loans are expected to be available by next November with flexible and competitive conditions for the sector.
The government plans to make a second call so that investors can submit eligible projects to the investment program 'Apuesta por InversionES', a nonreimbursable fund created as part of Fomilenio II.
With the recent approval of Fomilenio II, the government of El Salvador is considering extending the call for investment projects eligible for funding from the program 'Apuesta por Inversiones ' (API), for which there are 13 projects that passed the eligibility phase in the first call, "... and which represents $14 million in private investment and $48 million in public investment. Of these, six are related to the tourism area, three in agribusiness, two energy, one aquatic and one for aircraft. "
The government of Costa Rica said it plans to build a new hospital for the elderly and is looking at alternatives for funding from abroad.
The project aims to construct a new geriatric hospital adjacent to the Immigration and Nationality Department in Uruca in San José, in order to meet demand from the growing elderly population in the country.
Modifications to the Regulation on Infrastructure Financing and Securitization now allows for the creation of investment vehicles to finance public works projects.
These investment vehicles can be used for two purposes: to develop the work or to securitize its use or exploitation. With the amendment to the regulations, sustainable infrastructure works can be developed self sufficiently without government intervention.
The Ministry of Finance has announced that the construction of Panama City's Metro Line 2 will be paid in tranches over a period of eight years from 2015 to 2022.
60% of the financing will be raised under the administration of President Juan Carlos Varela and 40% under the government administration to follow him. Between September 30 and October 3 the clarification meetings for companies interested in participating in the tender will be concluded.