IDB mulls Mexican solar securitization funding

mexico flag px230
By GlobalCapital
13 Nov 2017

The Inter-American Development Bank is evaluating a possible MP1bn ($52m) warehousing loan to finance a portfolio of small scale solar projects in Mexico with a view to supporting a subsequent securitization in the local capital markets, a model the development bank has used for previous projects.

The transaction is intended to ease the financing of solar projects on residential, commercial and industrial properties to be originated and sold by several local developers, according to documents published recently by the development bank's private sector arm, IDB Invest, which was until recently known as the Inter-American Investment Corp.

...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.