Project detail - CENTRO DE PRODUCCION MAS LIMPIA DE NICARAGUA

CENTRO DE PRODUCCION MAS LIMPIA DE NICARAGUA

Status: Completed investment
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In case of questions

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Disclaimer

The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.

Who is our customer

Four subsidiary banks of the Promerica Group (Promerica or PFC) in Costa Rica, Ecuador, El Salvador and Guatemala.

What is our funding objective?

The objective of this project is to assist the subsidiaries of PFC in developing green credit products and to successfully allocate FMO’s greenline funding to clients that meet our greenline’ s criteria. The core areas of support to the banks are: market analysis and identification of green projects in line with the banks’ investment criteria and FMO’s green criteria; assessment of concrete projects; procedures development and training.

Why do we fund this investment?

This project is highly aligned with FMO’s strategy to finance projects that have a positive environmental impact.

Region
Latin America & The Caribbean
Country
Latin America & The Caribbean
Sector
Infrastructure, Manufacturing and Services
Effective date
7/7/2016
End date
7/18/2018
Total FMO financing
EUR 0.10 MLN
Funding
ForeignAffairs - CD