{"id":1865,"date":"2023-12-21T08:58:51","date_gmt":"2023-12-21T08:58:51","guid":{"rendered":"https:\/\/lagreen.lu\/?p=1865"},"modified":"2023-12-21T08:58:54","modified_gmt":"2023-12-21T08:58:54","slug":"lagreen-invests-in-cifi-green-bond-to-finance-renewable-energy-projects","status":"publish","type":"post","link":"https:\/\/lagreen.lu\/es\/lagreen-invests-in-cifi-green-bond-to-finance-renewable-energy-projects\/","title":{"rendered":"LAGreen invests in CIFI green bond to finance renewable energy projects"},"content":{"rendered":"<ul class=\"wp-block-list\">\n<li>The fund\u2019s USD 10 million investment will be dedicated to investing in mid-size renewable energy projects in Panama.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Bogota and Luxembourg, December 21, 2023<\/strong> \u2013 LAGreen Fund, Latin America&#8217;s premier green bond fund advised by Finance in Motion and Santander Asset Management, is making its inaugural investment of USD 10 million in a green bond issued by the Corporaci\u00f3n Interamericana de Financiamiento de Infraestructura (CIFI), a financial institution dedicated to providing debt financing for mid-sized green infrastructure projects in Panama and the region.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In 2019, CIFI launched a revolving Green Bond program of USD 200 million to bolster the company&#8217;s commitment to environmental sustainability. LAGreen\u2019s investment allows CIFI to continue deploying investments under this program. It also aligns with the fund\u2019s mission to foster a positive impact on the climate, expanding its portfolio in renewable energy projects. In this case, the investment is expected to focus on the country\u2019s wind and solar energy generation. Panama has developed a National Energy Plan that commits to sourcing 15% of its energy from renewable energy sources by 2030 and 50% by 2050.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">LAGreen Chairperson Johannes Scholl said: &#8220;CIFI has a unique capacity to provide debt-finance for mid-size clean infrastructure projects and has a long track record of cooperating with development finance institutions and mobilizing funding from the private sector. This transaction will have an important impact in the reduction of greenhouse gas emissions.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">CIFI\u2019s CEO C\u00e9sar Ca\u00f1edo-Arg\u00fcelles said: \u201cWe are delighted to partner with LA Green in financing responsible and impactful infrastructure to support sustainable development in the region. LA Green\u2019s investment is opportune, providing us with funding when the debt capital markets are tightening, and the climate change imperative intensifies.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The bond issuance complies with the International Capital Market Association&#8217;s (ICMA) Green Bond Principles (GBP). It holds a Second Party Opinion (SPO) issued by Sustainalytics, further confirming CIFI&#8217;s commitment to sustainability and transparency in the projects it finances.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Sobre LAGreen<\/strong><br>LAGreen es el primer fondo de bonos verdes dedicado a Am\u00e9rica Latina. A trav\u00e9s de la inversi\u00f3n en bonos verdes y el apoyo a nuevos emisores mediante asistencia t\u00e9cnica, LAGreen tiene como objetivo potenciar los beneficios ambientales y sociales en la regi\u00f3n y promover la transici\u00f3n hacia una econom\u00eda verde.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Como fondo de inversi\u00f3n de impacto asesorado por Finance in Motion y Santander Asset Management, LAGreen se estableci\u00f3 como una iniciativa del Banco de Desarrollo KfW de Alemania, con capital inicial proporcionado por la Uni\u00f3n Europea (UE) y el Ministerio Federal de Cooperaci\u00f3n Econ\u00f3mica y Desarrollo (BMZ) de Alemania.<br>Para m\u00e1s informaci\u00f3n, visite <a href=\"https:\/\/lagreen.lu\/es\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/lagreen.lu\/es\/<\/a> y s\u00edganos en <a href=\"https:\/\/www.linkedin.com\/company\/lagreen-fund\">LinkedIn<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Sobre Finance in Motion<\/strong><br>Finance in Motion es un gestor global de activos de impacto enfocado exclusivamente en el desarrollo sostenible en mercados emergentes y econom\u00edas en desarrollo. La compa\u00f1ia estructura, gestiona y asesora fondos de inversi\u00f3n de impacto que re\u00fanen a inversionistas p\u00fablicos y privados para abordar el cambio clim\u00e1tico, fortalecer la conservaci\u00f3n de la biodiversidad, fomentar el uso sostenible de los recursos naturales, mejorar los medios de vida y promover oportunidades econ\u00f3micas.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Para m\u00e1s informaci\u00f3n, visite: <a href=\"http:\/\/www.finance-in-motion.com\">www.finance-in-motion.com<\/a><br>Tambi\u00e9n puede seguirnos en <a href=\"https:\/\/twitter.com\/financeinmotion\">@financeinmotion<\/a> and <a href=\"https:\/\/www.linkedin.com\/company\/finance-in-motion\/\">LinkedIn<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>About CIFI<\/strong><br>CIFI is a leader in infrastructure and energy financing across Latin America and the Caribbean. With involvement in over 200 transactions valued at more than US$2.0 billion, CIFI has mobilized over US$20 billion in capital since 2001. CIFI finances through its own balance sheet as a non-banking financial institution and through managed funds.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For more information, visit <a href=\"http:\/\/www.cifi.com\">www.cifi.com<\/a><br>Tambi\u00e9n puede seguirnos en <a href=\"https:\/\/twitter.com\/cifi_finance\">@cifi_finance<\/a> or on <a href=\"https:\/\/www.linkedin.com\/company\/cifi-financiamiento\/?viewAsMember=true\">LinkedIn<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Contacto de prensa LAGreen<\/strong><br>Anne Johnson<br>Marketing &amp; Communications<br>Tel\u00e9fono:  +49 69 271 035 742<br>Correo electr\u00f3nico: <a href=\"mailto:info@lagreen.lu\" target=\"_blank\" rel=\"noreferrer noopener\">info@lagreen.lu<\/a><\/p>","protected":false},"excerpt":{"rendered":"Bogota and Luxembourg, December 21, 2023 \u2013 LAGreen Fund, Latin America&#8217;s premier green bond fund advised by Finance in Motion and Santander Asset Management, is making its inaugural investment of USD 10 million in a green bond issued by the Corporaci\u00f3n Interamericana de Financiamiento de Infraestructura (CIFI), a financial institution dedicated to providing debt financing [&hellip;]","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[6],"tags":[],"years":[30],"country":[],"topic":[],"publisher":[],"class_list":["post-1865","post","type-post","status-publish","format-standard","hentry","category-news","years-30"],"acf":[],"_links":{"self":[{"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/posts\/1865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/comments?post=1865"}],"version-history":[{"count":2,"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/posts\/1865\/revisions"}],"predecessor-version":[{"id":1867,"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/posts\/1865\/revisions\/1867"}],"wp:attachment":[{"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/media?parent=1865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/categories?post=1865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/tags?post=1865"},{"taxonomy":"years","embeddable":true,"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/years?post=1865"},{"taxonomy":"country","embeddable":true,"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/country?post=1865"},{"taxonomy":"topic","embeddable":true,"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/topic?post=1865"},{"taxonomy":"publisher","embeddable":true,"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/publisher?post=1865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}