Alpura Secures MX$417 Million Credit Line From BBVA

BBVA México and Alpura established a MX$417 million factoring line under CrediProveedores to strengthen supplier liquidity while requiring verified sustainability practices, reflecting the integration of ESG criteria into Mexico’s supply chain finance. The move is relevant as Mexican corporates and lenders align financing structures with decarbonization and risk management priorities, supported by third-party validation from DNV. 

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BBVA Mexico and Alpura agreed to a factoring line of credit totaling MX$417 million (US$24.32 million) under the CrediProveedores program, aimed at strengthening liquidity for Alpura’s suppliers. The agreement also promotes the adoption of sustainable business models aligned with the company’s Supplier Evaluation Guide.

Under the program, suppliers must demonstrate that their processes meet sustainability criteria. Participation requires completion of questionnaires, submission of documentation and audits. Alpura stated that suppliers will undergo evaluation and approval processes, including documentation reviews and risk assessments.

BBVA Mexico will support the evaluation workflow, while Alpura will conduct the assessments. Results will be validated by DNV, an independent global certification and risk management organization. The framework requires transparency regarding certifications and compliance metrics, which the companies said is intended to minimize risks within the supply chain.

The financing structure aligns with Alpura’s Sustainability Strategy 2026-2030, organized around four pillars: Resilient Product Development; Responsible Footprint, focused on efficient water and energy use and waste management; Transparent Governance; and Integral Well-being for employees and stakeholders.

Alejandro Cárdenas Bortoni, CEO of Corporate and Institutional Banking at BBVA Mexico, said the agreement reinforces the bank’s sustainability strategy. “This alliance with Alpura is a fundamental step for the institution in our firm commitment to advancing sustainability in the country. Through CrediProveedores, we not only facilitate essential liquidity across the supply chain but also actively incentivize suppliers to adopt and strengthen sustainable business models,” he said.

Jorge Mercado, CFO of Grupo Alpura, said the initiative supports the company’s supply chain transformation. “Through this initiative, Alpura reaffirms its commitment to a sustainable supply chain. By integrating business partners into our Supplier Evaluation Guide, we promote responsible practices. In doing so, Alpura not only secures operational continuity but also leads the dairy sector’s transition based on action pillars focused on reducing its carbon footprint and maintaining a transparent governance model,” he said.

BBVA Drives Sustainable Finance in Mexico 

For BBVA Mexico, the agreement reflects its focus on sustainable finance and the business segment as growth drivers. Globally, the bank aims to mobilize €700 billion (US$815 billion) in sustainable financing between 2025 and 2029 and reach its 2030 decarbonization targets for high-emission sectors.  In Mexico, BBVA Mexico reported mobilizing more than MX$470 billion (US$27.41 billion) in sustainable finance as of the end of 2025. 

The tally included two high-profile deals to close out the year. In November 2025, BBVA México granted ProximityParks a sustainable credit line of up to MX$1.2 billion (US$64.2 million), structured in both pesos and dollars, to support the company’s expansion and property maintenance strategy under sustainability criteria. The financing covered eight industrial parks and is among the bank’s most significant corporate transactions this year.

The loan sought to strengthen ProximityParks’ role in providing logistics infrastructure that supports more efficient last-mile delivery operations in key urban markets. “This operation is relevant for the bank’s sustainable mobilization goals,” said Alejandro Cárdenas, General Manager of the Corporate and Institutional Banking Division, BBVA Mexico. “The collaboration with ProximityParks is fundamental to developing the infrastructure needed in Mexico to optimize last-mile delivery.”

ProximityParks manages over 430,000m2 of leasable space across 17 industrial parks in Mexico — 13 in Mexico City, three in Monterrey, and one in Guadalajara. These locations were selected to improve supply chain efficiency and customer satisfaction through better access for logistics operators.

The new financing covered eight parks: ProximityParks Naucalpan, Monterrey Centro, Iztapalapa, Guadalajara Centro, Coyoacan, Del Valle, Santa Fe, and Lomas Verdes. Of these, 88% have obtained or are in the process of obtaining LEED certification, while all facilities feature LED lighting and water-efficient installations. Additionally, 88% of the properties generate renewable energy through solar panels.

Meanwhile, in December 2025, BBVA Mexico issued a US$67 million loan to Grupo Chufani to support the expansion of Class A industrial facilities in Queretaro. According to BBVA Mexico, the loan aimed to reinforce low-impact industrial infrastructure, as Grupo Chufani specializes in the development of industrial buildings that meet international environmental standards, including extensive implementation of LEED certification for energy-efficient and sustainable design. 

Alejandro Cárdenas, general manager, BBVA Mexico’s Corporate and Investment Banking division, said the loan reflects the bank’s intent to accelerate sustainable industrial growth. “This operation underscores the institution’s commitment to the industrial plants sector and is strategic to consolidate our position in the Bajio region,” he said. “Our collaboration with Grupo Chufani, a key player with more than 34 years of experience, is essential to support the infrastructure required for nearshoring and supply-chain optimization in Mexico.”

For Grupo Chufani founder and CEO Sergio Chufani Abarca, the loan marks a significant step in strengthening the region’s industrial base. “This agreement represents a milestone for accelerating the growth of our portfolio in Querétaro’s industrial sector,” he said. “It also helps position the Bajio as a key investment hub thanks to its logistics infrastructure, high-quality industrial parks, and the sustained flow of domestic and foreign capital driving regional competitiveness.”