FinDev Canada and Germany's DFI for the private sector, DEG, announce the purchase of bonds with a par value of USD 50 million each as part of MSU Green Energy S.A.’s USD 530 million green bond issuance. MSU Green Energy is a leading Argentine renewable energy platform focused on hydro, solar, and energy storage projects. This transaction represents FinDev Canada’s first participation in a green bond within its sustainable infrastructure portfolio.
FinDev Canada announces the signing of a EUR 40 million loan to NSIA Banque Côte d’Ivoire S.A., a leading bank in Côte d’Ivoire. This represents FinDev Canada’s first direct investment in the country and an opportunity to advance Canada and Côte d’Ivoire’s shared economic prosperity and foreign policy objectives.
FinDev Canada today signed a Memorandum of Understanding (MOU) with the Aga Khan Fund for Economic Development (AKFED) to formalize a shared commitment to sustainable and inclusive economic growth in developing markets.
FinDev Canada announces a USD 58 million loan to Acelen Renewables based in Bahia, Brazil. The financing will support the construction and operation of a biorefinery which utilizes Hydroprocessed Esters and Fatty Acids (HEFA) technology.
FinDev Canada announces the signing of a USD 50 million financing package with SMBC to Equatorial Maranhão Distribuidora de Energia S.A. (or Equatorial Maranhão), an electricity distribution company serving nearly three million customers in Maranhão, Brazil.