The International Finance Corporation (IFC), a member of the World Bank Group, and BEEL Infrastructure Partners, an asset management firm specializing in the infrastructure sector in Mexico and Latin America, announced the signing of the Cooperation Agreement for Infrastructure Financing, where they commit to identify, structure and jointly finance infrastructure projects in Mexico.
The objective of the Cooperation Agreement for Infrastructure Financing is to mobilize long-term resources towards infrastructure projects that offer an attractive combination of risk and profitability for institutional investors. The agreement reflects the interest and conviction of both parties to develop and finance projects that meet high international standards in environmental and social responsibilities and corporate governance. In addition, as part of the agreement, BEEL and IFC will work together on financing strategies that allow the issuance of green bonds and sustainable bonds for infrastructure projects in the stock markets.
BEEL Infrastructure Partners has created the first platform in Mexico to grant loans to the infrastructure sector. It has a proven team and extensive experience in both debt and capital transactions, with a combined experience in operations that exceeds US$20,000 million.
The Cooperation Agreement for Infrastructure Financing seeks to contribute to Mexico´s growth to become an economic power through the promotion of sustainable infrastructure projects that improve the development and competitiveness of the country.
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