LAGreen invests USD 20 million in BAC Guatemala’s First Sustainability Bond
The LAGreen Fund, in partnership with Banco de América Central S.A. (BAC Guatemala), proudly announces its investment in BAC Group first sustainability bond issuance. This landmark transaction underscores LAGreen’s commitment to strengthening sustainable finance and fostering green market growth across Latin America.
LAGreen invested USD 20 million in the USD 140 million issuance, which will be further supplemented by co-investments from IDB Invest and Proparco. Additionally, LAGreen will offer technical support to the Bank for post-issuance bond-related projects.
The bond aligns with the ICMA Sustainability Bond Guidelines, with proceeds dedicated exclusively to financing green and social projects. Key areas of impact include sustainable agriculture, green buildings, circular economy, and green transportation, collectively supporting Guatemala’s transition to a more sustainable economy.
The investment reflects LAGreen’s mission to accelerate sustainable development in the region and reinforces BAC Guatemala´s commitment to driving environmental and social change in Central America.
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About LAGreen
LAGreen is the first green bond fund dedicated to Latin America. By investing in green bonds and supporting new issuers with technical assistance, LAGreen’s goal is to boost environmental and social benefits across the region and promote the transition to a green economy. In addition, the fund aims to promote high impact standards for green bonds, both in terms of the impact of supported projects, as well as green credentials, reporting, and impact assessment.
As an impact investment fund advised by Finance in Motion and Santander Asset Management, LAGreen was established as an initiative of Germany’s KfW Development Bank, with seed capital provided by the European Union (EU) and the German Federal Ministry for Economic Cooperation and Development (BMZ).
For more information visit https://lagreen.lu and follow us on LinkedIn.
About Finance in Motion
Finance in Motion is a global impact asset manager focused exclusively on sustainable development in emerging markets and developing economies. The company structures, manages, and advises impact investment funds that bring together public and private investors to address climate change, strengthen biodiversity conservation, foster the sustainable use of natural resources, improve livelihoods, and promote economic opportunities.
For more information, please visit us at: www.finance-in-motion.com
You can also follow us on LinkedIn
About Banco de América Central
BAC is the leading private bank in Central America, with presence in six countries: Panama, Costa Rica, Nicaragua, Honduras, El Salvador, and Guatemala. It serves more than 4.9 million customers, has over 20,000 employees across the region, and supports more than 100,000 businesses. BAC’s purpose is to ‘Reimagine banking to generate prosperity in the communities it serves.’ Guided by three core values—integrity, excellence, and passion—BAC strives to be a pioneer, proving that banking has the power to maximize economic, environmental, and social value simultaneously, with the same rigor and excellence. Thanks to its regional leadership in digital transformation, innovation, and its people-centered approach, BAC has received more than 60 international awards and recognitions in recent years.
Media contact LAGreen
Nusha Westhoff
Director Marketing & Communications
Phone: +49 69 271 035 742
Email: info@lagreen.lu
Media contact Banco de América Central
Ana Lucía Sarg
Public Relations Manager, BAC Guatemala
Phone: +502 3755-6151
Email: ana.sarg@baccredomatic.gt
