Central American Bank for Economic Integration (CABEI) has secured an export credit line from the Japan Bank for International Cooperation (JBIC).

The facility is worth US$30mn, while an additional US$20mn has been contributed by commercial lenders, the details of which are confidential.The commercial portion of the finance is covered by Nexi buyer’s credit.

CABEI, a Central American development bank will use the loan to purchase Japanese machinery and equipment for use in a range of power projects, including thermal, waste-to-energy and hybrid power plants.