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Itaú and REIF ready to co-finance projects that boost decarbonization. - REIF

Itaú and REIF ready to co-finance projects that promote decarbonization.

April 24, 2010

We continue to move forward!

Itaú signed a framework agreement with REIF to jointly promote the financing of innovative projects aimed at the second energy transition.ransition in the country. in the country.

Agustín Tafernaberry, Itaù's director of wholesale banking and treasury, said: "The signing with REIF reaffirms our commitment to sustainable development and the creation of positive impact. We understand that different stakeholders working together is key to drive technology innovation, industry transformation and ensure affordable access to renewable energy. We believe that this agreement not only encompasses the energy transition and a look towards the sustainability of the projects, but it is also important to understand that it means a spillover in the productive sector of our country and in the improvement of people's lives".

The Itaú team also received training from operations manager Antonio Martínez and energy expert Pablo Caldeiro, members of the REIF Trust's investment committee, on how the trust works and the projects to be financed.