21 October, 2021
These are the Project & Infrastructure Finance Awards, awarded each year by the prestigious LatinFinance Magazine, to recognize financial institutions in Latin America and the Caribbean that, through their successful projects, have generated economic progress for the region.
CMI Energía was recognized in the Infrastructure Financing of the Year - Central America category.
These awards offer a wide perspective on the achievements highlighted by each company in the last year, since the winners are selected by the magazine's editors, taking into account factors such as innovation, opportunity, foresight, quality of execution and impact.
"We are pleased to receive this award from LatinFinance, and it allows us to reaffirm our commitment to continuous growth and generating a positive impact on the environment and the communities where we operate," explained Enrique Crespo, CEO of CMI Capital.
Last April, CMI Energía successfully placed US $ 700 million in green bonds, with a yield of 6.25% and maturing in 2029, as well as a syndicated line of credit of approximately US $ 300 million.
This transaction is the largest ever made by a renewable energy company in Central America and the Caribbean, and it marked the company's entry into the international capital market, with the broadest and most diversified private portfolio of 100% renewable energy in the region.
The success of this placement is explained not only by the technological and geographic diversity of its energy platform, but also by the strong commitment that CMI Capital has with the care, protection and conservation of the environment and respect for human rights.
CMI Capital firmly believes in the potential of its investments in power generation through renewable sources, which are also essential to combat climate change and limit its most critical effects.
Through its portfolio, the corporation contributes to caring for the environment, preventing the emission of approximately 1 million 578 thousand tons of carbon dioxide per year, directly fighting climate change.
“To invest in renewable energy is to invest in comprehensive sustainability. And for that, it is essential that we promote a reliable, affordable and decarbonized energy system to continue contributing to the social, economic and environmental growth of countries, ” added Crespo.
Within the framework of CMI's 100-year history, with this award, CMI Energía continues to add milestones, while fulfilling its strategic vision of generating impact investments that promote sustainable development.
With a solid 30-year editorial experience, LatinFinance is the specialized magazine and reference for information on financial markets and the economies of Latin America and the Caribbean. Its publications offer valuable information to an international audience made up of senior executives of corporations, government and investors from around the world.
About Corporación Multi Inversiones -CMI-: Corporación Multi Inversiones is a multilatina family corporation that generates investment and employment in the region, made up of over 40 thousand employees and with a presence in more than 15 countries, particularly in Central America and the Caribbean. Through its Business Groups: Capital and Food, it creates a sustainable impact in the communities where it operates, offering excellence and quality in its products and services, consolidating itself as one of the most important business groups in Latin America. For more information: www.somoscmi.com
About CMI Energía: CMI Energía, a business unit of CMI Capital, stands out as the largest private renewable energy platform in the region, its highly diversified portfolio across technologies and geographies, its operating capabilities and track record, and its high and continuous commitment to sustainability. With the operation of hydraulic power plants in Guatemala, Solar in El Salvador, Honduras and the Dominican Republic, Wind in Honduras, Nicaragua and Costa Rica, it exceeds 800 MW of installed capacity. For more information:https://somoscmi.com/es/agrupaciones-de-negocio/cmi-capital
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