Tag: BID

Fotowatio Renewable Ventures (FRV) closes USD 82 million solar PV financing with Inter-American Development Bank

This is IDB’s first financing of a solar PV project in Uruguay and its largest to date for a solar PV project. The deal will refinance a previous loan with the DNB Group and Intesa SanPaolo, allowing FRV to improve its project financing conditions and extend the maturity of its debt until November 2034....

Fernando Salinas

Country Manager at Central America Region, FRV

Collectively, we have a target to generate an important project pipeline that could help us achieving our company goals in the region.

Scott Mackin

Managing Partner and Co-President, Denham Capital

Denham Capital has been proud to partner with the team at FRV for nearly three years in this very successful investment. Rafael, José and their colleagues have captured a leading position in key emerging markets where solar undercuts the marginal cost of electricity.

José Benjumea

Founder, FRV

Everything has to change to stay the same. Energy has to be accessible, clean and sustainable, but if it is not affordable, the change will never come.