CAF approves USD 250 million to finance sustainable infrastructure projects in the region

CAF -development bank of Latin America and the Caribbean- approved a USD 250 million non-revolving credit line to partially finance the Sacyr Group 's investment plan in sustainable development projects in CAF member countries.

The financing may be used for various initiatives such as:

• Construction of sustainable infrastructure
• Drinking water and basic sanitation projects
• Social infrastructure (hospitals and educational centers)
• Waste management solutions
• Circular economy
• Green business and financial inclusion

"This line of credit reinforces our commitment to sustainable development in the region. By supporting the Sacyr Group, we are promoting environmentally responsible practices through projects that will improve the quality of life of millions of Latin Americans and Caribbeans", said Sergio Diaz-Granados, CAF's executive president.

Resources may be deployed through individual loan disbursements; granting of Partial Credit Guarantees and / or Guarantees; acquisition of bonds in local or international issues.

This operation is part of CAF's strategy to promote investments that generate positive social and environmental impact in Latin America and the Caribbean.