IDB Invest and DEG Finance Fibra Nova for the Development of Industrial Parks in Mexico

WASHINGTON - IDB Invest and DEG, the German development finance institution, provided financing of up to $150 million to Fibra Nova for the construction and operation of industrial parks in Mexico.

The transaction will support the development and operation of sustainable and resilient industrial parks, primarily located in the state of Chihuahua, to meet growing demand for industrial infrastructure from manufacturing and export-oriented companies.

IDB Invest will provide a long-term loan of up to $100 million, while DEG will participate as a co-financier with up to $50 million.

By expanding the supply of high-quality industrial space, the transaction will facilitate the establishment and expansion of companies, strengthening Mexico's integration into regional and global value chains. The program includes energy-efficiency standards, power-generation capacity, and responsible water-use practices.

About IDB Invest

IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of $22 billion in assets under management and more than 440 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries. Visit our website: www.idbinvest.org/en.

About DEG

For more than 60 years, DEG has financed and advised private companies operating in emerging and developing countries. With a portfolio of €11.7 billion, DEG is one of the world's largest development finance institutions focused on the private sector. As an impact and climate financier, DEG supports companies seeking to drive transformation and seize new opportunities. Its clients benefit not only from tailored financing and advisory solutions, but also from DEG's market knowledge, impact and climate expertise, and international network. Through these efforts, DEG, a subsidiary of the KfW Group, helps create qualified jobs, generate local income, and strengthen value creation on the ground in line with the Sustainable Development Goals (SDGs). For more information, visit www.deginvest-americalatina.com.

About Fibra Nova

Fibra Nova is a real estate investment trust (REIT) that began operations on August 3, 2017, under trust No. F/2870. Fibra Nova's strategy is primarily focused on the acquisition, leasing, operation, and development of properties serving sectors with strong economic dynamism and benefiting from demographic trends, including the industrial, retail, and education sectors.