IDB Readies Biofuels PE Fund (1)

IDB Readies Biofuels PE Fund (1)


The IDB is preparing a novel vehicle to target investments in the biofuels and renewable energy space. The multilateral is teaming up with private equity (PE) funds to raise up to $500m in debt and equity to help finance emerging companies in countries like Brazil, Mexico and Colombia, Daniela Carrera-Marquis, head of the financial markets division at the IDB, tells LatinFinance. The fund, which has a 10-year lifespan, is expected to be ready within a few months and the IDB has already identifie

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