IDB Invest finalizes $3.5B capital increase for Latin America and Caribbean projects

IDB Invest has successfully closed the subscription process for its $3.5 billion capital increase, a move aimed at expanding financing for private-sector development across Latin America and the Caribbean.

The capital increase was approved by the Boards of Governors of the Inter-American Development Bank in 2024 during meetings held in Punta Cana, Dominican Republic. The completion of the subscription process signals strong backing from both regional and non-regional shareholders for the institution’s model of mobilizing private capital for development.

IDB Invest uses an “originate-to-share” model in which the institution develops projects and then brings in private investors to help finance them. The approach is designed to support infrastructure, energy, industry and other productive sectors across the region.

With the additional capital, IDB Invest expects to increase its financing and mobilization capacity from about $13 billion today to roughly $22 billion annually over the next decade. Officials say the expanded capacity will allow the institution to back more projects aimed at creating jobs, strengthening productive sectors and expanding economic opportunities throughout the region.

“Strengthening IDB Invest is central to the IDB Group’s strategy to advance private-sector-led development in Latin America and the Caribbean,” said Ilan Goldfajn, president of the IDB Group. “This capital increase expands our ability to mobilize private investment and support projects that drive growth and create jobs.”

“This capital increase underscores our shareholders’ confidence in IDB Invest’s originate-to-share business model, designed to scale impact by crowding in private capital,” said James P. Scriven, chief executive officer of IDB Invest. “With this additional capacity, we will expand our financing and mobilization to deliver projects that boost economic growth across Latin America and the Caribbean.”

The capital increase builds on a 2015 decision by governors to transform the Inter-American Investment Corporation—now known as IDB Invest—into the private-sector arm of the IDB Group, with a stronger mandate to finance projects and attract private investment.

In 2025, IDB Invest reported a record $13.1 billion in total activity, including $7.7 billion in mobilization, the highest level in its history. Since 2016, the institution has channeled more than $75 billion to Latin America and the Caribbean, supporting more than 700 projects in sectors such as infrastructure, energy, trade financing, health and productive development.