Global Infrastructure SherpaIDB commits $100M to Astarte Capital Partners' Paraguayan forestry fund
The Inter-American Development Bank (IDB) committed $100 million to Astarte Capital Partners' Paraguayan forestry fund, bringing the fund's total capital raised to $100 million. This investment marks a material milestone, pushing the fund halfway towards its total target of $200 million. The fund is dedicated to sustainable forestry projects within Paraguay, focusing on the development and management of commercial timber plantations. These initiatives are designed to contribute to carbon sequestration efforts and foster local economic growth in the region.
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The Inter-American Development Bank (IDB) committed $100 million to Astarte Capital Partners' Paraguayan forestry fund on March 20, 2026, supporting sustainable commercial timber plantations in Paraguay. The fund has raised $100 million to date, reaching halfway toward its $200 million target. This investment is designated for the development and management of forestry projects in Paraguay focused on carbon sequestration and local economic growth.
- IDB committed $100 million to Astarte Capital Partners' Paraguayan forestry fund
- Fund has raised $100 million toward a $200 million target
- Investment supports sustainable commercial timber plantations in Paraguay
- Announcement date: March 20, 2026
Timeline
Announced
Mar 20, 2026
Signed
Closed
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