Uruguay & Neighbouring Countries | Latin America
Renewable Energy Innovation Fund (REIF) 2.0
Deploying $120M+ to Scale Uruguay’s Innovative Clean Energy Trust Fund and Unlock $480M+ in Renewable Investment Across the Southern Cone Region
REASONS TO INVEST
Establish Latin America’s leading renewable energy innovation facility by scaling Uruguay’s successful $50M Trust Fund model across strategic Southern Cone markets including Argentina, Bolivia, Colombia, and regional expansion opportunities. This investment leverages proven co-lending partnerships with 20+ commercial banks to deliver affordable clean energy financing for renewable energy businesses in electromobility, energy storage, waste management, and distributed generation sectors, while creating sustainable employment opportunities and measurable emission reductions across Latin America’s most dynamic energy transition markets.
Current Partners
- República AFISA (Fiduciary Agent)
- Banco Bilbao Vizcaya Argentaria (BBVA)
- Santander
- Scotiabank
- HSBC
- Itau
- Heritage
- Banco República
- Government of Uruguay
- Banco de la República Oriental del Uruguay (BROU)
- Inter-American Development Bank Lab (IDB Lab)
- Coalition for Green Capita
Potential Partners
- Development Finance Institutions (DFIs)
- Inter-American Development Bank
- CAF Development Bank
- World Bank Group
- Regional Commercial Banks
- Latin American Green Fund
- Climate Investment Funds
- Corporate Impact Investors in Clean Energy
- Multilateral Investment Fund
- Green Climate Fund
Fund Target
$120M+ (catalyzing $480M+ additional commercial bank and private investments)
Fund Returns
5% average on co-lending portfolio with flexible rates aligned to commercial bank partners, supported by proven trust fund structure
Funding Duration
5-6 years (with 3-year deployment period across multiple countries)
