Release date: 11 May 2021
Promoter – Financial Intermediary
Equity participation in a private equity fund investing in small and medium-sized enterprises (SMEs) that promote climate action and environmental sustainability in Latin America.
The fund aims to provide equity and quasi-equity support to private companies (SMEs) active in Latin America (with a focus on Brazil) and that promote climate action and environmental sustainability. The Fund will support the achievement of the sustainable development goals (SDGs), particularly aiming to limit climate change. The fund has a target size of approximately USD 200m.
- Services - Financial and insurance activities
Proposed EIB finance (Approximate amount)
USD 40 million (EUR 34 million)
Total cost (Approximate amount)
USD 200 million (EUR 170 million)
The fund's operational guidelines will provide for environmental and social due diligence of investee companies according to guidelines acceptable to the Bank.
The fund is expected to comply with EIB's procurement guidelines.
Approved - 22/07/2021
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).