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Proteak Exp

Sector: Government • Location: Mexico

Source: International Finance Corporation (IFC)

Project
Active

Proteak is an existing IFC client and the largest forestry company in Mexico. The Company is seeking additional IFC support for the implementation of its 2017 – 2019 investment plan which aims to expand its sustainably managed eucalypts plantations, the replanting of existing plantations, funding incremental working capital needs and refinancing existing debt (the “project”). This project will sup

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The project “Proteak Exp” is an infrastructure initiative in the Government sector, located in Mexico. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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active

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Description

Description

Proteak is an existing IFC client and the largest forestry company in Mexico. The Company is seeking additional IFC support for the implementation of its 2017 – 2019 investment plan which aims to expand its sustainably managed eucalypts plantations, the replanting of existing plantations, funding incremental working capital needs and refinancing existing debt (the “project”). This project will support the growth of a forestry player with strong focus on sustainability. Additionally, the project will contribute to reduction of carbon emissions (through carbon sequestration) and generation of employment in remote rural areas of frontier regions (Tabasco, Veracruz and Chiapas), where job opportunities are scarce. Proteak has requested IFC to provide an A loan and parallel loan of up to US$ 65 mn.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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