Sustainability Reports
Dominican Infrastructure Fund
This Sustainability Report presents the 2023 performance of the Free Closed Investment Fund for the Development of Dominican Infrastructures I, a pioneering investment vehicle managed by AFI Universal with CIFI AM acting as Advisor to the Fund, that channels long‑term institutional capital into strategic infrastructure. Throughout the year, the Fund continued to align fully with the IFC Performance Standards, the Equator Principles, local environmental regulation, and the UN Sustainable Development Goals. Its portfolio, comprised of Parque Solar Canoa, Parque Eólico Los Guzmancito, Termoeléctrica SIBA, and the Blue Mall & JW Marriott complex, demonstrates disciplined execution, strong ESG compliance, and measurable contributions to the country’s economic, social, and environmental priorities.
By December 2023, the Fund had reached 380 MW of installed capacity, supported the creation or retention of 864 jobs, and enabled access to energy for approximately 370,000 people. These investments generated more than 600,000 MWh of clean and reliable energy and contributed to the annual avoidance of 275,295 tCO₂e, reinforcing the Dominican Republic’s progress toward energy diversification, climate‑change mitigation, and economic resilience. The report highlights each project’s adherence to robust environmental and social management systems, community engagement mechanisms, and responsible labor practices. It also showcases advancements in biodiversity protection, health and safety standards, and corporate governance. The 2023 report reaffirms the Fund’s role as a catalyst for sustainable development, delivering stable, long‑term returns for pension beneficiaries while strengthening national infrastructure and supporting the country’s commitments under the 2030 Agenda.