📋 Tender Overview
COMPANY NAME
Solxir S.A.
PROJECT NUMBER
15384-01
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 tooltip
B
COUNTRY
Uruguay
SECTOR
Transport
STATUS
Proposed
DISCLOSED DATE
08/19/2025
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
PROJECTED BOARD DATE tooltip
09/23/2025
APPROVAL DATE
N/A
SIGNED DATE
N/A
SPONSORING ENTITY
RAS Group
INVESTMENT OPERATIONS DEPARTMENT CONTACT
Corporates Division
INVESTMENT TYPE
Loan
SYNDICATED AMOUNT
USD $ 10,000,000
FINANCING AMOUNT
USD $ 20,000,000
CURRENCY
USD
Project scope and objective
Solxir S.A., a subsidiary of Grupo RAS ( the Group ), is a vertically integrated transportation and logistics conglomerate headquartered in Uruguay, with operations across Latin America and over three decades of industry experience. As part of its strategic growth plan, the Group is seeking a secured senior loan of up to US$20 million to acquire cutting-edge locomotives and railway equipment. This investment will support the launch of freight transport operations along Uruguay’s Central Railway. The new locomotives will link the Group’s flagship logistics hub, Parque Industrial Ruta 5 (PIR5), with the Port of Montevideo and key towns and industrial zones throughout the country’s interior, enhancing Uruguay’s multimodal logistics capabilities, boosting operational efficiency, lowering logistics costs, and reducing greenhouse gas emissions.
