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PSLO ENERGY MISSION 2013
Washington D.C.
November, 2013
The only regional multilateral institution mandated by its member countries to provide financing to private enterprises in Latin America and the Caribbean, particularly SMEs
The IIC is a member of the IDB Group
WHO IS THE IIC
The IIC is a financial institution with a commitment to climate
change mitigation and renewable energy initiatives.
The IIC seeks to promote efficient and sustainable technologies across Latin America and the Caribbean to reduce fossil fuel dependence, promoting a more sustainable use of energy in the region.
RENEWABLE ENERGY GENERATION PROJECTS
FinancingLoans in U.S. dollars and Mexican pesos. Corporate, Project Finance and Syndication services.Subordinated loans and Quasi-equity
TermsTwo to fifteen yearsFixed or variable interest ratesDirect loans between US$2 million and US$15 million.Syndications up to US$120 million.Local Law, if accepted by other Lenders.Access to C2F (Canadian Climate Fund)
Tailored technical assistance for due diligence costs and to improve financial, environmental, and business management
WHAT WE OFFER PROJECTS / COMPANIES
RENEWABLE ENERGY PROJECTS
FINANCED BY THE IIC
Country: Guatemala
Project Finance: Construction of a run-of-the-river hydroelectric plant
30 MW
IIC Co-Lead arranger of financing
Senior and subordinated financing from IIC
Expected to close in last quarter of 2013
GENERADORA SAN MATEO / SAN ANDRES
GENERADORA SAN MATEO / SAN ANDRES
HYDRO – EL DIAMANTE PROJECT
Country: Nicaragua
Construction of a run-of-the-river hydroelectric plant
5 MW
Senior financing from IIC
Operation to start in 3Q of 2014
9
El Diamante Project
Country: Belize
Construction of a biomass-fueled
power plant
32.5 MW
Total Cost of the Project: US$53.5 MM
This power plant supplies more than
20% of the country’s electricity.
BELCOGEN
Country: Argentina
Wind energy project - 6.3 MW
Financing structured by the IIC
Total Cost of the Project: US$21.2 MM
This power represents an oil group’s
first foray into the renewable energy
sector.
The power plant strengthens Argentina’s
energy resources in a sustainable
manner.
HYCHICO
ANICETO HUERTAS-CORCELLESINVESTMENT OFFICER
Tel: + (202) 623-2036 Email: [email protected]
www.iic.org
THANK YOU
