IDB Invest finances expansion of renewable energy generation in Dominican Republic

The Inter-American Development Bank Group (IDB Group) is the leading source of financing and knowledge for improving lives in Latin America and the Caribbean. It comprises the IDB, which works with the region’s public sector and enables the private sector; IDB Invest, which directly supports private companies and projects; and IDB Lab, which spurs entrepreneurial innovation.

IDB Invest is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through private sector investments. They provide financing solutions and advisory services to companies and projects across various sectors, including infrastructure.

Poseidon Renewable Energy, S.A.S. focuses on developing renewable energy projects. They are likely involved in the development, construction, and operation of renewable energy assets.