Climate Wedge


  IDB Mexico EE Securitization Facility
The Inter-American Development Bank and the Clean Technology Fund have launched an innovative $125m loan securitization facility for energy efficiency projects in Mexico. The first phase is structured as a warehousing line originating a portfolio of standardized energy efficiency receivables, which will subsequently be securitized through the issuance of green bonds in the Mexican debt capital markets. Climate Wedge is the Master Administrator of the program, and the participating ESCOs are ECON Soluciones Energeticas Integrales, S.A.P.I de C.V. (ECON) and Veolus Energía y Gestión Técnica S.A. de C.V. (VEOLUS).