LAGreen Fund Announces Landmark Participation in Vinte’s Green Bond Issuance

Article originally published on LAGreen's website on 09/07/2025. The European Union through LACIF contributes to the LAGreen Fund through financial instruments and technical assistance.

The LAGreen Fund is excited to announce its participation in Vinte Viviendas Integrales, S.A.B. de C.V.’s (“Vinte”) senior unsecured green bond VINTE 25-2V, aligned with ICMA Green Bond Principles, with an investment of MXN 184.7 million, equivalent to approximately USD 10 million. This bond marks LAGreen’s first involvement in a primary market corporate bond issuance.

This bond underscores Vinte’s position as the world’s leading EDGE houses developer, supporting climate-aligned housing solutions through EDGE-certified projects. The proceeds will fund the development of EDGE and EDGE Advanced certified homes, contributing to significant environmental impact through avoided CO2 emissions, energy savings, and water usage reduction.

LAGreen’s participation features a 7-year tranche in the local Mexican capital market. The total transaction amounted to MXN 2.5 billion (equivalent to approximately USD 130 million), in two tranches (VINTE 25V for 1.4 billion and VINTE 25-2V for 1.1 billion), was oversubscribed by 1.3x, and had BBVA and Actinver as bookrunners. Besides its anchor investor role, LAGreen also plans to provide advisory and capacity building to enhance Vinte’s data quality for impact measurement and sustainability reporting, exploring innovative approaches to quantify housing affordability and environmental performance.

“We are proud to support Vinte’s landmark green bond issuance—our first participation in a primary market corporate bond. This collaboration reflects LAGreen’s commitment to catalyzing sustainable finance in Latin America by backing innovative issuers with strong environmental impact. Vinte’s focus on EDGE-certified housing aligns perfectly with our mission to drive climate resilience and social inclusion through capital markets.”-Myriel Frische, Portfolio Manager, LAGreen Fund.

“LAGreen played a key role in Vinte’s Green Bonds issuance, supporting Vinte on strengthening its new Bond Framework in accordance with ICMA standards focused on Green & SDGs impact reporting indicators. While Vinte had issued 6 Sustainability Bonds (Green & Social) since 2018 and until 2024, the bonds issuance in June 2025 for VINTE 25V and VINTE 25-2V, represents Vinte’s first Green Bonds, with participation of local and international investors , including LAGreen. Proceeds will contribute to the UN Sustainable Development Goals, primarily Clean Water (SDG 6), Affordable and Clean Energy (SDG 7), Sustainable Cities and Communities (SDG 11), and Responsible Consumption and Production (SDG 12).” – Domingo Valdés, Vinte’s CFO and Board Member.

Álvaro Vaqueiro, Head of Corporate & Investment Banking at BBVA Mexico, commented: “At BBVA, we are proud to have worked alongside LAGreen and Vinte in the development of a robust framework that enabled this landmark green bond issuance in Mexico. This transaction reflects the growing interest of local and international investors in financing projects that drive positive environmental and social impact in Latin America. Our Debt & Sustainability Advisory team played a key role in structuring this solution, in line with BBVA’s strategic commitment to sustainability as a core lever for growth. We aim to support our clients in their transition journeys through innovative financing and expert guidance.

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About LAGreen
LAGreen is the first green bond fund dedicated to Latin America. By investing in green bonds and supporting new issuers with technical assistance, LAGreen’s goal is to boost environmental and social benefits across the region and promote the transition to a green economy. In addition, the fund aims to promote high impact standards for green bonds, both in terms of the impact of supported projects, as well as green credentials, reporting, and impact assessment.

As an impact investment fund managed by Finance in Motion and Santander Asset Management, LAGreen was established as an initiative of Germany’s KfW Development Bank, with seed capital provided by the European Union (EU) and the German Federal Ministry for Economic Cooperation and Development (BMZ).

For more information visit https://lagreen.lu and follow us on LinkedIn.

About Finance in Motion
Finance in Motion is a global impact asset manager focused exclusively on sustainable development in emerging markets and developing economies. The company structures, manages, and advises impact investment funds that bring together public and private investors to address climate change, strengthen biodiversity conservation, foster the sustainable use of natural resources, improve livelihoods, and promote economic opportunities.

For more information, please visit us at: www.finance-in-motion.com
You can also follow us on LinkedIn

About Vinte

Vinte became the largest homebuilding group in Mexico in December 2024 following the acquisition of Javer. Vinte is a sustainable and vertically integrated real estate developer with a 22-year track record and a clear focus on profitability and value creation, with 15,243 homes titled between both companies per year and counts with a highly qualified management team with over 33 years of experience in the Mexican housing sector. Throughout its history, Vinte has been dedicated to the development of sustainable housing complexes for families of low, middle, and middle-higher income levels, with a constant commitment to improving their quality of life—an effort that has earned multiple national and international awards. Vinte has developed more than 65,000 homes in nine states across the country, mainly in the central region, achieving a high level of customer loyalty. Since 2017, Vinte has driven a digital strategy focused on Proptech, with more than 5,000 homes sold through digital media, representing 36% of sales in the last 12 months.
For more information, please visit: www.vinte.com

Media contact LAGreen
Nusha Westhoff
Director Marketing & Communications
Phone: +49 69 271 035 742
Email: info@lagreen.lu

Contact Vinte
Gonzalo Pizzuto Aznar
Investor Relations Officer
Phone: +52 55 5010 7360
Email: gonzalo.pizzuto@vinte.com