Organisation: IDB Invest

The New York offices of Shearman & Sterling LLP and White & Case LLP and Claro & Cía and Morales & Besa in Santiago have helped a group of Chilean power companies benefit from US$1.8 billion worth of tariff stabilisation bonds, which will help energy distributors manage a temporary cap on electricity prices under new legislation.

27 September 2023

Bustamante Fabara has helped development banks IDB Invest and FinDev Canada purchase US$100 million worth of blue, diversity and social inclusion bonds offered by Ecuador’s Banco Bolivariano and Jardín Azuayo.

17 August 2023

Mayer Brown LLP in New York and Alemán, Cordero, Galindo & Lee in Panama City have helped Panamanian energy company ENSA Grupo EPM obtain a US$100 million loan from IDB Invest and Scotiabank.

03 August 2023

IDB Invest has enlisted Ferrere (Paraguay) to complete a US$12 million bond issuance to support Banco Atlas’s local agricultural financing programme.

19 July 2023

DLA Piper (Mexico) has helped the local division of Colombian property platform Tuhabi secure a US$50 million facility from IDB Invest.

14 June 2023

Two Clifford Chance LLP offices and Cescon, Barrieu, Flesch & Barreto Advogados in São Paulo have helped Brazilian state-owned water business Companhia de Saneamento Básico do Estado de São Paulo (SABESP) obtain a 470 million reais (US$95 million) financing from IDB Invest and French development bank Proparco.

13 June 2023

Argentine soybean business Molinos Agro has called on Tavarone, Rovelli, Salim & Miani in Buenos Aires to secure a US$250 million A/B credit facility from IDB Invest.

07 June 2023

Multiple Dentons offices have helped the Republic of Ecuador complete the world’s biggest debt-for-nature swap transaction, through which the Andean nation has eliminated around US$1 billion worth of debt.

12 May 2023

Two Allen & Overy LLP offices and Brazilian firm Machado Meyer Advogados have helped the sponsors of a solar power plant in Rio Grande do Norte obtain a US$440 million financing from IDB Invest.

17 April 2023

Davis Polk & Wardwell LLP in New York and DLA Piper Martínez Beltrán have helped Colombia’s Banco de Bogotá raise US$230 million by issuing sustainable bonds.

12 April 2023