Home / Daily Briefs / 2021 / 18 / LAGreen aims to raise $500 mln for green bonds

LAGreen aims to raise $500 mln for green bonds

LAGreen aims to raise $500 mln for green bonds

November 18, 2021 | Rodrigo Alonso Cruz
Finance in Motion-managed fund is already in talks with with companies in Mexico, Colombia, Peru, Brazil, Ecuador and El Salvador, chairman says

Bonds Funds Mexico Germany El Salvador Ecuador Costa Rica Colombia Chile Brazil South America Central America Latin America Capital Markets Project & Infrastructure Finance ESG Green Bonds Green Finance Renewable

LAGreen Fund, the first fund dedicated to green bonds in Latin America, plans to raise up to $500 million to buy bonds issued to finance sustainable projects in the region, chairman Johannes Scholl told LatinFinance on Tuesday. "The fund is going to invest in green bonds from Latin America," Scholl said. "The second instrument the fund has is a technical assistance facility that provides consultancy services, technical advice and training to potential issuers in Latin America to support the deve

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