IDB funds water investments in Peru

IDB funds water investments in Peru

Inter-American Development Bank (IDB) Debt Loans Water & Sewage World Bank Peru Barbados ESG

The Inter-American Development Bank (IDB) said it approved $60 million in financing for water and wastewater investments in the Zarumilla and Aguas Verdes districts in northern Peru. The housing ministry added $18 million, which brought the total amount to $78 million, the IDB said in a press release on Thursday. The 15-year loan comes with a seven-year grace period and charges an interest rate based on the secured overnight financing rate (SOFR), the IDB added. State-owned water company Aguas

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