IDB Invest backs Paraguay’s first green hydrogen fertilizer project with US$420 million financing package

IDB Invest has structured a US$420 million debt financing package to support Project Villeta, Paraguay’s first green hydrogen-based fertilizer plant, with total investment reaching approximately US$650 million. The project will use Paraguay’s renewable hydroelectric power to produce and export fertilizers, strengthening regional agricultural supply chains and positioning the country as a leader in green hydrogen.

Source: IDB Invest