MARKET DEVELOPMENT

• Increased financing availability for mid-sized infrastructure investments: 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 the Fund’s pipeline and strategy, this transaction is expected to support sustainable infrastructure financing needs, with an emphasis on renewable energy investments. 
• Support local economic activity: The investments supported by this transaction are expected to create jobs during construction and sustain employment during operations and maintenance.

GENDER EQUALITY

• Improve access to finance for 2X-aligned businesses: Globally, women represent only 22% of the infrastructure workforce and hold fewer than 13% of senior leadership roles. In support of women’s participation in the sector, the Investment Manager has committed to ensuring that 50% of XIC I’s portfolio companies are 2X‑aligned by the end of the Fund’s life.
• 2X-aligned: This transaction is 2X‑aligned under the Employment criteria. At the Investment Manager level, Exagon meets the Basic 2X ESG and the Governance and Accountability requirements. In addition, Exagon is committed to meeting the 2X Employment criterion by increasing women’s representation across its workforce. Beyond the requirements for 2X alignment, the Investment Manager aims to meet the 2X Leadership criterion by increasing female representation within its Investment Committee or senior management team.

CLIMATE AND NATURE ACTION

• Support climate mitigation: To fulfill Nationally Determined Contributions, LAC countries require an estimated USD 2.1T in investments by 2030. The Fund is well‑positioned to support these efforts, with a strategy to invest at least 80% of its portfolio in renewable energy assets, which are expected to increase installed energy capacity and avoid GHG emissions.