Camposol S.A. has secured US$400 million in financing from IDB Invest, IFC, Rabobank, Scotiabank, and BBVA. The funding structure consists of two tranches and is intended to support agricultural productivity, crop renewal, and other corporate needs. According to the institutions involved, the operation aims to strengthen Peru's agribusiness sector, with a focus on formal employment and resilience.
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The project includes investments in blueberry varietal renewal based on proprietary genetics developed in Peru, productivity improvements in avocado production, permanent working capital, and other corporate uses. The company expects export volume to rise by more than 30 percent between 2025 and 2030. The plan also projects the creation of more than 2,500 direct jobs, with female participation above the national agricultural average.
The financing package was arranged without land guarantees and was structured as a club deal. The tranche involving multilateral institutions consists of two A/B loans: one from IDB Invest and another from the International Finance Corporation (IFC), each totaling US$140 million. In both loans, tranche A is US$100 million and tranche B is US$40 million. Rabobank mobilizes both tranche B components, contributing US$80 million in total. Within IDB Invest's tranche A, US$50 million comes from TADAC funds, managed by the IDB Group in cooperation with the Japan International Cooperation Agency (JICA), to support sustainable development in Latin America and the Caribbean.
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The second tranche involves local bank financing totaling US$120 million, divided equally between BBVA and Scotiabank at US$60 million each.
IDB Invest will also provide technical assistance through an Environmental and Social Action Plan. The plan covers biodiversity studies, water management, occupational heat-stress prevention, and support related to sustainable agriculture certifications. These measures are part of the company's broader sustainability strategy framework.
The financing is aligned with Camposol's strategic priorities related to crop renewal, agricultural technologies, and operational efficiency. It also includes resources for liability management and general corporate purposes.
For more information:
Sergio Torres
Camposol
Tel: +31 174 521 016
Email: [email protected]
www.camposol.com
