IDB Invest backs renewable energy projects in Argentina

IDB Invest backs renewable energy projects in Argentina

Loans Debt Project & Infrastructure Finance Renewable Argentina

IDB Invest said it has granted Banco Ciudad a seven-year, $50m loan to fund renewable energy projects in Argentina. IDB Invest and the French development agency AFD will provide technical assistance for Banco Ciudad to identify, evaluate and finance green energy projects, the multilateral lender said in a press release. Banco Ciudad initially requested that the $50m in financing be split evenly between a seven-year loan and a five-year facility.  IDB Invest arranged in April a $60.1m A/B loan

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