International Finance Corporation (IFC)
Company description
The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset management services to encourage private sector development in developing countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C., USA. It was established in 1956 as the private sector arm of the World Bank Group to advance economic development by investing in strictly for-profit and commercial projects that purport to reduce poverty and promote development.
Company details
Participation in projects
Projects as Project Owners per Country ()
Projects as Project Owners per Subsector ()
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The company has not participated in any projects.
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Company updates
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June 21, 2024
Rezolv signed PPA with Deutsche Telekom Group
The Deutsche Telekom Group has signed a cross-border Power Purchasing Agreement (PPA) with Rezolv Energy to offtake power from the 461 MW VIFOR wind farm located in Buzău County, Romani...
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May 21, 2024
Construction started for 126 MW Solar Farm in Uzbekistan
Voltalia has announced the start of construction of the 126 MW Sarimay Solar power plant located in the Khorezm region of Uzbekistan. On this occasion, Voltalia has signed two new storage partne...
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January 24, 2024
US$222.5 million First close reached for Africa50 Infrastructure Acceleration Fund (Africa50 – IAF)
Africa50 has achieved the first close for the Infrastructure Acceleration Fund, securing US$222.5 million in commitments. Africa50-IAF has garnered the involvement of 16 African institutional investo...
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January 05, 2024
Financing package signed for US$500 million Energy Inclusion Fund
The International Finance Corporation (IFC) has signed a US$80 million financing package to bolster the Facility for Energy Inclusion (FEI), a pan-African fund dedicated to advancing small-scale decen...
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January 02, 2024
USD 5 billion Agreement inked for 1500 MW hydropower project in Mozambique
The government of Mozambique has signed partnership agreements with the EDF-led consortium for the implementation of the USD 5 billion Mphanda Nkuwa hydropower project in the Tete Province, north...
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December 19, 2023
Financial close for 60 MW Mmadinare Solar Complex
Scatec ASA has reached financial close on the first 60 MW of the 120 MW Mmadinare Solar Complex in Botswana. In Q3 of 2023, Scatec secured a 60 MW expansion to the project, increasing the total capac...
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September 27, 2023
Financial Close on 120 MW Solar Power Plant in Tunisia
AMEA Power announced that it has reached financial close on its 120 MW solar PV project located in Kairouan governorate, Tunisia. This solar facility is being executed by Kairouan Solar Plant, a proj...
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April 26, 2023
EBRD leads on financing for 140 MW solar PV PPP project in Fier
The European Bank for Reconstruction and Development (EBRD) has announced that it will be providing EUR29 million (US$32 million) in financing to an Albanian special-purpose vehicle which is owned by...
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March 30, 2023
IFC grants US$160mn loan to support the blue economy in Ecuador
The International Finance Corporation (IFC) has granted a sustainable loan worth US$160 million to Produbanco, one of the top banks in Ecuador. The loan is aimed at promoting the blue econom...
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March 27, 2023
JERA concludes acquisition of minority stake in in Gia Lai Electricity Joint Stock Company
JERA Co. Inc. has completed the acquisition of a 35.1% stake in Gia Lai Electricity JSC (GEC) from the energy development arm of TTC Group. The acquisition was made through a full buy-out of the GEC s...
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