Company name
TORRECOM PARTNERS L.P.
Project number
15592-01
Category B projects have potential environmental and/or social impacts and risks that are less adverse than those of a Category A and which are generally limited to the project site, largely reversible and can be mitigated via measures that are readily available and feasible to implement in the context of the operation.
E&S category
B
Country
Regional
Sector
Digital Economy
Status
Proposed
Disclosed date
10/09/2025
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
N/A
Approval date
N/A
Signed date
N/A
Sponsoring entity
N/A
Investment Operations Department Contact
Corporates Division
Investment type
Syndicated amount
USD $ 106,000,000
Financing amount
USD $ 30,000,000
Currency
USD
Project scope and objective
IDB Invest is considering granting a secured senior loan with multiple borrowers of up to US$30 million to Torrecom and its operating subsidiaries in Latin America. The proposed financing will be used to (i) fund growth CAPEX and associated costs for 2026–2028 in El Salvador, Mexico, Guatemala, Panama, Colombia, Peru, Chile, Paraguay, and Ecuador, and (ii) refinance part of its existing debt.
The objective of the proposed financing is to reduce the digital divide in the mobile telecommunications infrastructure space by supporting a shared infrastructure operator serving multiple carriers. Founded in 2010, Torrecom is one of the leading independent tower companies in Latin America, with a portfolio of more than 1,500 telecommunications towers operating across 11 countries.
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Contact information
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Client Contact
PHONE NUMBER
n/a
POST OFFICE ADDRESS
1655 North Commerce Parkway, Suite 304 Weston, FL 33326, USA
IDB Invest Contact
PHONE
+1(202)-566-4566
ADDRESS
1350 New York Ave NW, Washington, DC 20005
COUNTRY OFFICES
IDB Invest Country OfficesIndividuals or communities can submit complaints and concerns related to environmental, social, or corporate governance issues to the Management Grievance Mechanism by e-mailing [email protected] or by calling +1 202 312 4040.
As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism by writing to [email protected] or [email protected] or calling +1(202) 623-3952.
IDB Invest has zero tolerance to reprisal or retaliation against anybody who voices its opinion or opposition to IDB Invest-financed projects.
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Request informationLearn more about how we provide private-sector solutions in the region .
Environmental and social review
IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) presented below, to comply with the date mentioned above.
TORRECOM - ENVIRONMENTAL AND SOCIAL SUMMARY (ESRS)
184.3 Kb
TORRECOM - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)
92.2 Kb