Sustainable Infrastructure Debt Fund
CIFI AM, in its capacity as fund manager, launched the Sustainable Infrastructure Debt Fund (SIDF) in 2023 to channel private capital into high-impact infrastructure across Latin America and the Caribbean. The fund targets sectors that directly support the region’s sustainable development, with a focus on climate resilience, clean energy, and inclusive growth. Its investment instruments include senior and subordinated debt, allowing for flexible structuring tailored to the needs and risk profiles of each project.
USD 200 million
Targeted fund size
10 years
Term
9% Net IRR
Expected return, USD
2023
Inception year
Commitments
The SIDF reached its first closing of USD 138 million in 2023, followed by a final closing in December 2024. Its investor base comprises a diverse group of limited partners, including the Central American Bank for Economic Integration (CABEI), Norfund, the Dominican Sustainable Fund Trust I, Prival Bank, Triodos, Symbiotics, and MMG Bank, reflecting strong interest from development finance institutions and impact-driven investors. Additionally, the fund secured financing from four lenders: DEG, OeEB, Proparco, and Finnfund, who formalized their participation through a Term Facility Agreement signed in July 2023.
This fund is closed to new investors.
Opportunity
Several pressing global factors contributed to the creation of the SIDF. Given the ongoing need for private investment to drive infrastructure development worldwide, the SIDF was established to help bridge the USD90 trillion financing gap estimated by the World Bank by 2030. Beyond providing crucial support to countries in developing essential infrastructure to meet daily population needs, the fund also advances global sustainability efforts, including climate change mitigation and enhanced resilience.
Projects
The SIDF portfolio currently includes five projects across Latin America and the Caribbean, focused on renewable energy and sustainable logistics. These projects meet the fund’s rigorous eligibility criteria, which emphasize sectoral diversification, long-term viability, and sustainability. The fund supports both greenfield and brownfield infrastructure initiatives, with loan maturities of up to 18 years and a maximum single project exposure of 15%.
Fund Leadership
Additional Resources
If you are interested in learning more about CIFI Asset Management’s private debt vehicles or exploring collaboration on transformative infrastructure projects, the team welcomes you to get in touch.