San Francisco

san francisco paraguay

In brief

San Francisco S.A. is a Paraguayan company which owns and operates two harbours by the Paraguay River. The company is building a new modern harbour in Villeta, which is located about 40 km south from Asunción, the capital. Finnfund invests in the new harbour in Villeta and participates in re-financing the company's existing debt portfolio and other development financing institutions. The new Villetan harbour will give Paraguayan products better access to international markets.The company's activities include loading and unloading the cargo of ships and barges, storing and maintaining containers, and other stevedoring and logistic services. About 90% of the company's business is related to container handling. The company is using technology supplied by Finnish companies Cargotec and Kalmar.

Main development impact

Paraguay River is vital for land-locked Paraguay. It is the most important transport corridor for the country. Paraguay River is an important waterway to Paraguay and Bolivia, Argentina, Uruguay, and Brazil. The harbours owned by the company are the most modern and efficient in the country. The new, efficient harbour will have a positive development impact on the economy of Paraguay. It will also provide local products with better access to international markets. Particularly, perishable goods, such as several agricultural products, need efficient and reliable harbour infrastructure. The construction and operation of the harbour will also employ local people.

Investment details

Name: San Francisco
Project number: 80000115
Region: Latin America and the Caribbean
Country: Paraguay
Sector: Other sector
Signing date (month/year): December 2022
Currency: USD
Instrument: Mezzanine
Size of the project financing: USD 28,000,000
Share of Finnfund's financing (%): 16,70 %
Status: Active
Website: http://www.caacupe-miport.com/

Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year.

Other investments

Name Country Signing date (month/year) Currency Finnfund's financing (commitment) Instrument
San Francisco Paraguay June 2017 USD 8,000,000
December

Key facts

Name:

San Francisco

Sector:

Other sector

Region:

Latin America and the Caribbean

Country:

Paraguay

Currency:

USD

Signing date (month/year):

December 2022

Last update:

13 December 2024