Media

Canada’s bilateral development finance institution, FinDev Canada, announces a USD 30 million loan to GEAR PEO, the dedicated branch of GEAR I S.A., (Generación Eléctrica Renovable I S.A), owned by Petroquímica Comodoro Rivadavia S.A. (PCR) and Acindar Industria Argentina de Aceros S.A. (ArcelorMittal group). The financing will support the development, construction, and operation of a 185.6 MW Olavarría wind project, and enable the expansion of transmission infrastructure between Olavarría and Ezeiza in Argentina.

FinDev Canada announces a USD 30 million loan to Corporación Interamericana para el Financiamiento de Infraestructura (CIFI), a leading investment platform in middle-market infrastructure and energy delivering financial solutions across Latin America and the Caribbean.

Canada’s bilateral development finance institution, FinDev Canada, announces a USD 40 million loan investment to S.A. Usina Coruripe Açúcar e Álcool (Usina Coruripe), one of Brazil’s leading sugar and bioethanol producers.

Canada’s bilateral development finance institution, FinDev Canada announces the signing of a USD 30 million loan to PT Indonesia Infrastructure Finance (IIF) during the Canada-in-Asia Conference organised by Asia Pacific Foundation of Canada.

Canada’s bilateral development finance institution (DFI), FinDev Canada announces the signing of a USD 50 million loan to Gulf Renewable Energy Company Limited, a subsidiary of Gulf Development Public Company Limited (or GULF) to advance renewable energy and support a low-carbon and climate-resilient economy in Thailand. This represents FinDev Canada’s second transaction with GULF.