CAF approves capital investment for USD 15 million to promote energy infrastructure in Mexico
The fund will provide additional capital for a series of projects in the country's gas producing sector
With the objective of promoting investments in energy infrastructure for the transportation of gas and related activities in Mexico, CAF, Development Bank of Latin America, approved a capital investment of USD 15 million for the Partners Group Mexican Energy Infrastructure 2014, L.P. Inc. Fund, managed by Partners Group, a Swiss private company.
Hamilton Moss, CAF's Corporate Vice-President for Energy, stated, "CAF's participation as afund shareholder will allow it to address important needs for the development of energy infrastructure in Mexico, by benefiting the population with a greater direct availability of natural gas, supplying a source of energy at lower costs, and satisfying an increasing internal demand for energy with natural gas".
The fund will provide the additional capital for a series of projects in the country's gas sector. The resources will be managed through Fermaca, a Mexican company that invests in natural gas projects and operations, construction and operation of new gas pipes, gas storage and compression, or generation of electricity.
Partners Group is a global company with headquarters in Switzerland. Founded in 1996, it is dedicated to fund management, with more than EUR 45.5 billion in assets under management of private capital, infrastructure, real estate, and debt.
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