IDB Invest
IDB Invest is a international organization that is part of the pulse of the water sector. Here we bring together everything it publishes on Smart Water Magazine: its news, its blogs and the events it takes part in.
Sabesp secures US$1.5 billion to boost sanitation investments in São Paulo
IDB Invest has signed a financing agreement with Companhia de Saneamento Básico do Estado de São Paulo (SABESP) to accelerate universal access to sewage collection and treatment services across the State of São Paulo. The project aims at universalization of the service and is expected to raise coverage from 85% to 99% by 2029—four years […]
IDB Invest, Proparco and BRK Maranhão to expand water and sanitation services in Brazil
The project will provide clean water and improve basic sanitation to 370,000 residents in São José do Ribamar and Paço do Lumiar, benefitting public health and quality of life.
IDB Invest, Proparco, Sagicor and Development Bank of Jamaica to finance the Rio Cobre Water Plant
As the lead structuring bank, IDB Invest provided long-term financing for up to US$79 million, (equivalent to JM$12 billion in local currency) for the Rio Cobre Water Treatment Plant in Kingston, Jamaica. This includes a US$30 million loan from IDB Invest and US$49 million mobilized from partners, including Proparco, Sagicor Bank Jamaica Limited, and the […]
IDB Invest provides $124m to Aguas de Manaus for clean water and sanitation in Amazonas, Brazil
The project currently benefits 2.1 million people, improving the quality of life of vulnerable populations and providing sanitary, health and environmental benefits.
IDB Invest grants $200 million loan to Sabesp
IDB Invest is providing a fully underwritten long-term local currency loan for up to 940 million BRL (approximately $200 million) to the Companhia de Saneamento Básico do Estado de São Paulo (SABESP), the largest water and sanitation firm in Latin America, helping 400,000 households benefit from a new sewage connection. As part of the deal, […]
IDB Invest provides Grupo Ortiz $50 million to expand access to enhanced water supply in Panama
IDB Invest has provided a facility of $50 million to Consorcio Anillo Hidraulico, a joint venture between subsidiaries of Ortiz Construcciones y Proyectos, S.A. (“Grupo Ortiz”), to fund the execution of civil works to improve Panama City’s tap water system, including the expansion and rehabilitation of the North Panama aqueduct under a construction contract with […]
IDB Invest supplies US$86 million financing to Sabesp
IDB Invest has provided a BRL470 million (US$85.9 million) corporate loan to Companhia de Saneamento Básico do Estado de São Paulo S.A. (Sabesp), one of the world’s largest sanitation companies by population served, to support better environmental and sanitary conditions in the Metropolitan Region of São Paulo. The proceeds will be used to partially fund several […]