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The credit line increases to $500 million USD from $150 million USD, providing significant financial flexibility for growth and capital allocation.

Tecnoglass' Q2 results demonstrate outstanding financial performance and a clear strategy for growth in the US market.

The company's full-year revenues increased by 6.8%, reaching $890.2 million USD, attributed to organic growth, geographic expansion, and entry into the vinyl market.

Tecnoglass voluntarily offset Scope 1 and 2 emissions for the years 2022 and 2023 by acquiring carbon credits issued by two projects located in Colombia, certified through the Cercarbono (Certified Carbon Standard) program.

The strategic move will more than double the addressable market for Tecnoglass.