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April 14, 2026
FinDev Canada on-site at the CIFI office.

FinDev Canada provides USD 30 million loan to CIFI to support inclusive economic growth in Latin America and the Caribbean

Press Release

FinDev Canada announces a USD 30 million loan to Corporación Interamericana para el Financiamiento de Infraestructura (CIFI), a leading investment platform in middle-market infrastructure and energy delivering financial solutions across Latin America and the Caribbean.

Summary of Anticipated Development Impacts

MARKET DEVELOPMENT

  • Improve access to finance for sustainable infrastructure projects: Each dollar invested in LAC infrastructure generates approximately USD 1.50 in GDP over five years, underscoring the sector’s important contribution to market development. Based on CIFI’s pipeline, this transaction is expected to support sustainable infrastructure financing needs, with an emphasis on renewable energy investments.  
  • Support local economic activity: The projects supported by this transaction are expected to create jobs during construction and sustain employment during operations and maintenance. 

Gender equality

2X-aligned

Women represent 46% of CIFI’s workforce and 40% of their board, alongside continued efforts to support women’s career progression.

GENDER EQUALITY

  • Improve access to finance for 2X-aligned businesses: Building on its commitment to gender equality, CIFI will allocate 30% of transaction proceeds towards 2X-aligned businesses. As part of this transaction, FinDev Canada is also exploring ways to support CIFI’s clients with gender‑focused technical assistance.
  • 2X-aligned: This transaction is 2X-aligned under the Employment, Leadership and Portfolio criteria. Women represent 46% of CIFI’s workforce and 40% of their board, alongside continued efforts to support women’s career progression through initiatives such as leadership training.

CLIMATE AND NATURE ACTION

  • Support climate mitigation: To fulfill Nationally Determined Contributions, LAC countries require an estimated USD 2.1T in investments by 2030. CIFI is well positioned to support these efforts, with renewable energy projects currently accounting for over half of their portfolio, generating more than 2,000M GWh of clean energy and avoiding 1.2M tCO₂ emissions. As part of this transaction, 70% of FinDev Canada’s proceeds will be earmarked for the FI’s lending to climate mitigation, including in renewable energy.