News | 13 November 2026

BBVA Wins Three Proximo Latin America Deal of the Year Awards for Infrastructure and Energy Financing

The awards recognize BBVA's participation in major data center, biofuels and renewable energy projects across Mexico, Brazil and Argentina.






BBVA Corporate & Investment Banking (BBVA CIB) has received three Latin America Deal of the Year awards from Proximo, recognizing the bank's participation in significant infrastructure and energy financing transactions across the region.


The recognitions span three areas of investment: digital infrastructure, emerging energy technologies and renewable power generation. Together, the transactions demonstrate BBVA's involvement in financing projects with diverse capital requirements, technologies and financing structures across Latin America.



Three Recognitions Across Infrastructure and Energy


Digital Infrastructure Deal of the Year: Ascenty Querétaro Data Centers Project Financing (Mexico)


BBVA was recognized for its participation in the financing of Ascenty's data center development in Querétaro, Mexico. The project contributes to the expansion of digital infrastructure capacity in one of the country's important data center markets, supporting growing demand for cloud computing and digital services. The transaction highlights BBVA's involvement in financing large-scale digital infrastructure projects, an increasingly important area of investment across the region.


Emerging Energy Deal of the Year: Acelen HEFA Industrial Biorefinery Financing (Brazil)


The Acelen transaction supports the development of an industrial biorefinery in Brazil using hydroprocessed esters and fatty acids (HEFA) technology to produce renewable fuels. The project represents an investment in alternative fuel production capacity and illustrates the financing requirements associated with developing large-scale industrial energy infrastructure.


Wind Deal of the Year: Olavarria Wind DFI Financing (Argentina)


In Argentina, BBVA participated in the financing of the 180 MW Olavarria wind project, supporting the development of additional renewable electricity generation capacity. The transaction highlights the role of development finance institutions and specialized financing solutions in mobilizing capital for renewable energy infrastructure.



Financing Complex Infrastructure Across Latin America


The three awards underscore BBVA CIB's expertise in supporting complex infrastructure investments across Latin America. Spanning digital infrastructure, renewable fuels and wind power, the transactions reflect the bank's ability to participate in financing solutions tailored to different projects, markets and client needs.