$200 million of CDB financing in 2012 for various renewable energy projects

$200M USD

Funder	China Development Bank (CDB)
Recipient Organization	Bancó de Inversión y Comercio Exterior (BICE) S. A.
Country	Argentina
Start Date	Mar 14, 2012
End Date	Nov 25, 2033
Duration	7,926 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`54679`

Grant Description

$200 million of CDB financing in 2012 for various renewable energy projects On March 14, 2012, the China Development Bank and BICE signed a finance cooperation agreement (金融合作协议) with CDB committing financing to Argentina's infrastructural and energy projects.

On the same day, the 2 parties also signed the second phase of a development finance cooperation agreement (二期《开发性金融合作协议》).

Under this framework agreement, CDB will provide BICE with a 200 million USD loan for Argentina's infrastructural needs and energy projects.

📚 Sources & References

China's Global Energy Finance to Ethiopia
China-Latin America Finance Database
Repositioning Chinese Development Finance in Latin America: Opportunities for Green Finance
驻阿根廷大使殷恒民出席中阿金融合作协议签字仪式
国开行和阿根廷外贸投资银行签署金融合作协议
对外投资合作国别(地区)指南阿根廷 (2018年版) Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.