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Xochi: Flower Road

Sector: Road • Location: Guatemala

Source: Inter-American Development Bank (IADB)

Project
In Implementation

The Project consists of a Term Loan to Fondo BPS S.A., a special purpose vehicle established in Panama (the “Company”), and its shareholder BPS General Partner Corp. (the ”Sponsor”), with the purpose of executing construction, operation, and maintenance ofa private 31 km toll motorwayfrom km 142.6 CA-2 Occidente road, San Antonio Suchitepéquez Municipality, to km 172.5 CA-2 Occidente road, San And

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The project “Xochi: Flower Road” is an infrastructure initiative in the Road sector, located in Guatemala. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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Participants

Sponsoring Agency

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Company

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Status

Original status

in implementation

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Description

Description

The Project consists of a Term Loan to Fondo BPS S.A., a special purpose vehicle established in Panama (the “Company”), and its shareholder BPS General Partner Corp. (the ”Sponsor”), with the purpose of executing construction, operation, and maintenance ofa private 31 km toll motorwayfrom km 142.6 CA-2 Occidente road, San Antonio Suchitepéquez Municipality, to km 172.5 CA-2 Occidente road, San Andrés Villa Seca Municipality, in Guatemala (the “Project’). The expected useful life of the asset is 40 years and is expected to be completed in approximately two years.In addition, IDB Invest will seek to mobilize blended finance funds which will be critical to support the sponsor in the implementation of i) climate change adaptation and resilience infrastructure and ii) gender labor programs.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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