Vinte is strengthened with 20 million dollars for sustainable projects in Mexico

1921

The Danish Sustainable Development Goals Investment Fund acquired 6.6% of Vinte real estate in order to promote sustainable housing projects.

The Danish fund, Danish Sustainable Development Goals Investment Fund, managed by IFU (Investment Fund for Developing Countries) acquired 6.6% of the Vinte real estate company – equivalent to 20 million dollars – through a new subscription of shares in the Mexican Stock Exchange with the purpose of encouraging the company to generate more sustainable housing projects in Mexico.

One of Vinte’s main messages is that, with this important capitalization, it confirms its vision of growing under a shared business model with a high impact on the Sustainable Development Goals of UN-Habitat. The ODS fund in Denmark has impact investors worldwide, such as the Government of Denmark (IFU) and Danish pension funds.

“We will seek to continue innovating, now together with this strategic fund, to increase the well-being of Mexican families who acquire a home in Mexico and in Vinte. Recent investments by impact funds from Denmark, Germany and France drive us to grow with a long-term vision together with world-class strategic partners and allies ”, highlighted Sergio Leal Aguirre, Executive Chairman and Chairman of the Board of Directors.

Vinte, a leader in green housing in Mexico, will use these resources to promote sustainable and sustainable developments, oriented to the Sustainable Development Goals of UN-Habitat, and offer better products that contribute to improving the quality of life of families.

“We are committed to sustainable investment given the great positive impact that our business model has on Mexican families. We have been able to replicate the business model in six different states in Mexico thanks to the trust of impact investors since 2008, such as the IFC of the World Bank, the Inter-American Development Bank, DEG / KfW of Germany, Proparco of France, and today We will be using the resources of the fund managed by IFU of Denmark to promote the sustainable growth of Vinte from 2021 ”, says René Jaime Mungarro, CEO and member of the Board.

The Danish Sustainable Development Goals Investment Fund is an ODS Investment Fund of Denmark created in 2018 under a public-private partnership, focused on companies that contribute to the fulfillment of the 17 Sustainable Development Goals (ODS) of the UN, where IFU was designated as the administrator of this fund.

IFU is a Danish government fund that promotes investments that support sustainable development in developing countries and contribute to the achievement of the SDGs.

“In all investments, our goal is to contribute to a green, fair and inclusive economy. The investment in Vinte is a perfect match, as the company will build sustainable communities with nearly 30,000 new homes, public schools and primary care units for low- and middle-income families in Mexico. 

We are pleased to contribute to this growth, raise the bar and hope that Vinte will be an inspiration to the industry and public policy makers in Mexico and beyond, ”said Torben Huss, IFU CEO.

For more than 17 years, Vinte has promoted various green innovations such as Casa Cero Gas, Casa Cero Energía, housing for people with disabilities, telemetry, and we have more than 3,900 homes with the World Bank’s EDGE international certification. 

Vinte is present in various social, medium and residential housing projects in the State of Mexico, Hidalgo, Querétaro, Puebla, Quintana Roo and Nuevo León.

Source: forbes.com.mx

Mexico Daily Post