Mexican fund manager plans to raise $1.6 bln to fund renewable energy projects, source says
Category: International Financial Institutions
AES gets loan for Argentina wind park
US-based firm will use IDB Invest-led financing to double the facility’s capacity
Backed by US, Venezuela seeks return to global financial fold
As the US helps reshape Venezuelan government policy, major question marks hang over the restructuring of the country’s estimated $200 bln-plus debt and economic stabilization
Argentina holds fresh financing talks as rates climb
The country is looking to expand its funding from the World Bank, as rising global rates complicate a potential return to the bond market
IMF slams fuel subsidies, as Brazil cuts gasoline tax ahead of vote
Subsidies are fiscally “very costly” and distort markets, says senior IMF official, as Brazil rolls out new measures
Ingenio La Unión requests IDB Invest loan
Guatemalan sugar producer will use the funds to build a power plant fueled by sugarcane bagasse, helping to cut greenhouse-gas emissions
LatAm better positioned to reap benefits of commodities boom: IDB
The region has a “powerful” combination of mineral, energy and agricultural resources, and has made strides in better managing this wealth, bank official says
Small AI can aid LatAm productivity gap: World Bank
The region could see big benefits from AI but not necessarily in the headline-grabbing large models, says senior World Bank official
YPFB launches restructuring plan
Bolivian oil company taps Deolitte to lead the process with support from the World Bank
Colombian student loan agency seeks IDB Invest funding
Colfuturo looks to bag its first multilateral deal to cover its funding for a graduate study abroad program
