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This marks the largest-ever acquisition for the Stuttgart, Germany-based firm in terms of headcount.

The financing has been divided into two disbursements by Blue Earth Capital, an Swiss-based investment fund that focuses sustainable and impact-oriented financing.

"We are pleased to help Colombia secure access to international LNG markets and ensure the reliability of its energy system," said Höegh LNG CEO Erik Hyheim.

Fitch's rating is based on the expectation of national government backing due to "important role of the entity as an instrument for the promotion of higher education in Colombia."

Sustainable Fitch: "We attribute the divergence to the region's pressing social needs due to high poverty and inequality rates."

FNG enjoys public backing and remains a "strategically important entity for the Colombian government," per Fitch Ratings.

"Fitch does not anticipate a further impact on the bank's financial profile after the challenging operating environment from 2023," stated the ratings agency.

This is a country where banks still charge you for the privilege of looking after your money. Dickensian some would say.

"After receiving their remittance in Nequi, users can use the app to send money to other people, make digital and physical payments," said Maria del Pilar Correa of Nequi.

The Bayport Management subsidiary says the financing will help improve Colombians' "quality of life in terms of access to better health, education, housing, and micro-enterprises."